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Hassana acquires 40% stake in Berain Water CompanyHassana Investment Company has completed the acquisition of a 40% stake in Berain Water Company (Berain), a leading bottled water company in Saudi Arabia, from Mohammed Abdulaziz Al-Rajhi & Sons Investment Company (Rajhi-Invest). The strategic transa More… |
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GCC economy to stay strong amid uncertain global outlookThe GCC economy is expected to show resilience in the face of rising global protectionism and geopolitical tensions, according to the latest ICAEW Economic Insight report prepared by Oxford Economics. Despite the uncertain global outlook, the report fore More… |
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Saudi Arabia's valid mining licences hit 2,401 in 2024Saudi Arabia's Ministry of Industry and Mineral Resources announced that the number of valid mining licenses in the kingdom reached 2,401 in 2024. These licenses cover various categories, including mining, exploration, reconnaissance, building materi More… |
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AI set to transform water management sector, says XylemWater management is one of the most pressing environmental challenges that needs to be addressed at present. The World Economic Forum points to climate change, population growth and deficiencies in planning and land use as major contributors to the deterioration of 50% of the world's fres More… |
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Bahrain non-oil exports up in JanuaryThe total value of Bahrain’s non-oil exports (national origin) increased slightly by 0.3% to reach BD351 million ($931.6 millon) during January 2025, compared to BD350 million for same month in 2024. The top 10 countries in exports accounted for 74 More… |
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Borouge proposes share buyback programmeBorouge, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, will seek shareholder approval for a share buyback and final 2024 dividend at its in-person and virtual Annual General Meeting (AGM) on April 7. This m More… |
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10 megatrends shaping future; 50 key new opportunitiesDubai Future Foundation (DFF) has launched the fourth edition of the 'Future Opportunities: The Global 50' report, igniting global dialogues to harness promising opportunities and global trends in service of humanity's future. The report outlines 5 More… |
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Dubai Chambers to host major business forum in HamburgDubai Chambers has announced that it will host the Dubai Business Forum –Germany in Hamburg on May 20 aiming to strengthen economic partnerships and attract German businesses and investors to Dubai. Building on the success of previous editions in China a More… |
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Investcorp acquires majority stake in German supply chain consultancy MiebachInvestcorp, a leading global alternative investment firm, today announced it has signed a definitive agreement to acquire a majority stake in Miebach Logistik Holding, a leading global provider of supply chain and logistics consultancy services. Followin More… |
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Entaj lists shares on Saudi Exchange after IPOArabian Company for Agricultural and Industrial Investment (Entaj), one of the leading poultry brands in Saudi Arabia, announced today the listing of its shares on the main market of the Saudi Exchange. This follows the successful completion of its initial pub More… |
