Wednesday, August 12, 2020

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Air Arabia reports solid first quarter 2020 net profit of AED 71 million

Air Arabia reports solid first quarter 2020 net profit of AED 71 million

Air Arabia (PJSC), the Middle East & North Africa’s first and largest low-cost carrier, today reported a profitable first quarter (January to March) 2020...
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Omnicell introduces New Rapid Pandemic Response Scheme to support partners in the Middle East in fight against COVID19

Omnicell introduces New Rapid Pandemic Response Scheme to support partners in the Middle East...

Omnicell, Inc. (NASDAQ: OMCL) - a leading supplier of product delivery technologies and adhesion software for healthcare networks and pharmacies-has reported today that the...
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Mastercard champions safe and secure payment transactions in Middle East & Africa with increase...

Dubai, UAE – 6 April 2020 – Mastercard announced today that it is championing efforts to increase contactless payment limits across the Middle East...
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Mideast Stocks Drop Despite $47 Billion of Central Bank Aid

Mideast Stocks Drop Despite $47 Billion of Central Bank Aid

(Bloomberg) -- Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks...
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UAE’s First Indigenous Drone ‘Garmousha’ Launched

UAE’s first high performance ‘Garmousha’ vertical take-off and landing (VTOL) drone was unveiled by ADASI, the regional leader in autonomous systems and services, in...
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STEP Conference 2020 ends with Multimillion Dirham Deals

STEP Conference 2020 ends with Multimillion Dirham Deals

(17 February Dubai) Held in its 9th edition under the theme of “the World in Dubai”, STEP Conference, the leading technology festival for emerging...
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13th New Age Banking Summit to look at challenges, future-forward strategies

DOHA, QATAR:  The 13th edition of the New Age Banking Summit (NABS), a leading platform for the banking and Fintech sector in the Middle...
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Saudi Wealth Fund Leads Fundraising for Online Used Car Trader

Saudi Wealth Fund Leads Fundraising for Online Used Car Trader

(Bloomberg) -- A unit of Saudi Arabia’s sovereign wealth fund is leading a $35 million funding round for SellAnyCar.com as the Dubai-based online car trader...
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Etihad

Etihad Enters $1bln Aircraft Sale Deal with KKR, Altavair

Etihad Airways has signed an agreement with KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance to...
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Solar water

‘Solar Dome’ To Power Sustainable Water Desalination At NEOM

NEOM, the flagship project of Saudi Arabia’s post-oil diversification plan, recently announced that it would be adopting a pioneering solar technology to produce cost-effective,...
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