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Emirates NBD launches DirectRemit to the UK
(Gulf News - 30/08/2018)

Emirates NBD announced on Wednesday the launch of its DirectRemit service to the UK, enabling customers to transfer money instantly back home. It said in a statement that the service would be free of any charges and at competitive exchange rates.

Zain Bahrain urges its customer to register their lines before deadline
(Biz Bahrain - 30/08/2018)

Zain Bahrain, a leading telecoms operator in the Kingdom, reminds its customers to ensure continuity of service on their post-paid SIM cards and home broadband lines by registering their lines by the end of September 1, 2018. The registration initiative

Bank Muscat extends support to tourism media conference
(Oman Daily Observer - 30/08/2018)

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in sustainable development, extended support to a conference on tourism media hosted by the Arab

Aldar unveils special offer for $2.7bn community project
(Trade Arabia - 30/08/2018)

Aldar Properties, a leading developer in Abu Dhabi, UAE, is set to launch a special one-week offer for customers to help them buy their dream homes at its Dh10-billion ($2.72 billion) master-planned community, Alghadeer, located on Abu Dhabi-Dubai

Aramco, Russia varsity partner for upstream research
(Trade Arabia - 30/08/2018)

Saudi Aramco Upstream Technology Company (SAUTC), a Saudi Aramco company, has signed an agreement with Russia’s Lomonosov Moscow State University (MSU) for joint research primarily to explore oil and gas industry innovation with focus on upstream

Aramco-Sabic deal to spur consolidation in regional petchems
(The National - 29/08/2018)

The proposed stake sale of Sabic, the region’s biggest chemicals manufacturer, to the world's top oil producing company Saudi Aramco is expected to set into motion more consolidation in the regional industry, analysts said.<br/><br/> "If Aramco acquires

Saudi Arabia is said to grant Aramco 40-year oil concession
(Gulf News - 29/08/2018)

Saudi Arabia has granted its state-owned oil company a 40-year concession to exploit the kingdom’s hydrocarbon reserves as part of Aramco’s preparation for a potential initial public offering, a person familiar with the matter said.<br/><br/> The pact

Ooredoo’s 5G makes Qatar a global IOT leader
(The Peninsula - 29/08/2018)

Ooredoo, one of the region’s leading ICT providers, announced that Qatar is leading global 5G and Internet of Things (IoT) innovation, delivering new levels of business success and transforming citizen and customer experiences.<br/><br/> The IoT era is

Batelco recognised for its support as telecom provider for Youth City 2030
(Biz Bahrain - 29/08/2018)

Batelco, in line with its role as exclusive telecom partner for Youth City 2030, was recognised for its support of the annual event, which recently concluded at Bahrain International Exhibition Centre Hall 2. The event took place under the patronage of

Adnoc emphasises fundamental role of women
(The Gulf Today - 29/08/2018)

The Abu Dhabi National Oil Company (Adnoc), in celebration of the 4th annual Emirati Women’s Day — and its theme of ‘’Women on the Course of Zayed’’ - reaffirmed its commitment to empower women, drive gender diversity and promote inclusivity in the oil

Barwa Bank, International Bank of Qatar to merge
(Trade Arabia - 29/08/2018)

Barwa Bank and International Bank of Qatar (ibq) have signed an agreement for the merger of the two banks to create a leading Sharia compliant financial institution with a solid financial position and robust liquidity.<br/><br/> The merger aims to

Air Arabia, SAP ink accord for cloud-based HR system
(Saudi Gazette - 28/08/2018)

Air Arabia - the Middle East and North Africa’s first and largest low-cost carrier (LCC), announced that it has signed an agreement with SAP – a global market leader in enterprise application software for a new cloud-based Human Resources

VIVA hosts Cloud Computing and Cyber Security awareness sessions for Enterprises
(Biz Bahrain - 28/08/2018)

VIVA Bahrain, the Kingdom’s leading telecommunications service provider, hosted informative sessions under the theme of ‘VIVA Cloud and Cyber Security Services’ for its business customers.<br/><br/> Enabling businesses to combat data protection and cyber

NBB has made a donation to the Bahrain Diabetes Society
(Biz Bahrain - 28/08/2018)

NBB has made a donation to the Bahrain Diabetes Society as part of its efforts in supporting the diabetes community in Bahrain to increase their awareness of managing diabetes and its related issues. Chief Human Resources Officer, Dana Buheji (first from

Bank Sohar closes $250m syndicated loan facility
(Trade Arabia - 28/08/2018)

Bank Sohar has closed a $250 million three-year syndicated loan facility in a move to extend financing solutions for Oman’s consumer and business segments. <br/><br/> The facility was raised part of the bank’s comprehensive asset growth strategy that has

Aramex expands presence in Saudi Arabia
(Times of Oman - 27/08/2018)

Aramex, the leading global provider of comprehensive logistics and transportation solutions, on Sunday, announced that its Saudi division is entering into a strategic partnership with Al-Dawaa Medical Services Co. (DMSCO), the exclusive owner of Al-Dawaa

Al Kathiri sets price for bonus shares and fluctuation limits
(Gulf News - 27/08/2018)

The Saudi Stock Exchange (Tadawul) said the addition of the bonus shares and fluctuation limits for Al Kathiri Holdings will be based on the share price of 28.10 Saudi riyals (Dh27.47).<br/><br/> The company’s extra-ordinary general meeting had approved

Microsoft and Etisalat bring payment option to Xbox gamers
(Gulf News - 27/08/2018)

Microsoft and Etisalat UAE announced on Sunday that Xbox gamers in the UAE can now pay for content through their etisalat mobile account without the need for credit card.<br/><br/> Etisalat UAE subscribers will get access to Xbox Games Pass, where

Omantel launches new Nama packages
(Oman Daily Observer - 27/08/2018)

Omantel has launched new and improved all-in-one Nama packages, presenting unrivalled options and benefits, for enterprise customers offering them more flexibility and options with up to 60GB of flexible data packages that work in Oman and across the GCC

Alba holds workshop ahead of Line 6 start-up
(Trade Arabia - 27/08/2018)

Aluminium Bahrain (Alba), in a move to enhance employees’ preparedness for its start-up of Line 6, recently continued the series of “MJ Preparation Workshop” with another session.<br/><br/> The session was delivered by Alba’s deputy chief executive

Bank Sohar backs award for scholarship holders
(Trade Arabia - 27/08/2018)

Bank Sohar recently pledged support to local youth partaking in the Oman Ambassadors Award - an accolade recognizing the individual achievements of academic scholarship holders representing Oman abroad.<br/><br/> The Award recognizes achievements in

RAK Properties to award fit-out works for five-star resort
(Trade Arabia - 27/08/2018)

RAK Properties, a leading property developer based in Ras Al Khaimah (UAE), has invited pre-qualification bids from global, regional and local companies for fit-out and furniture, fixtures and equipment (FF&E) works at a five-star luxury resort in the

Amanat buys majority stake in top Bahrain hospital
(Trade Arabia - 27/08/2018)

Amanat Holdings, a leading healthcare and education investment company in the GCC, has acquired a majority stake of 69.3 per cent in the Royal Hospital for Women in Bahrain for Dh141.7 million ($38.5 million).<br/><br/> The acquisition is in line with

Emirates Islamic officials visit Expo 2020 Dubai site
(Press Release - 26/08/2018)

Senior officials from Emirates Islamic visited the Expo 2020 Dubai site in the Dubai South District where they met with members of the Expo 2020 Dubai team and were updated on the preparations for the milestone event. <br/><br/> As the Islamic Banking

Amanat acquires majority stake in the “Royal Hospital for Women”
(Press Release - 26/08/2018)

Amanat Holdings PJSC (“Amanat”), the GCC’s largest healthcare and education investment company, today announced it has acquired a majority stake of 69.3% in the Royal Hospital for Women in Bahrain for AED 141.7 million. The acquisition is in line with

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