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Bildco to add concrete capacity to Abu Dhabi, Orient Ins. expands war coverage portfolio, and Vista plants its flag in ADGM
Bildco to add 1 mn cbm of concrete capacity to Abu Dhabi Abu Dhabi National Company for Building Materials (Bildco)…
Al Futtam taps head for automotive unit + PwC appoints UAE senior partner
Khaled Bin Braik will be PwC’s new UAE senior partner
MRO + local manufacturing take center stage in day 4 of Dubai Airshow
Also: MBRAH is getting a new aviation services hub + RAK Airport will develop a VVIP terminal and private jet…
Al Futtaim to invest USD 2.7 bn in KSA over the next three years
The group is focusing its investments on the automotive, retail, real estate, and financial services sectors
Al Futtaim closes Cenomi Retail stake acquisition
The transaction was executed through a share purchase from Cenomi’s major shareholders at SAR 44 per share
Emirates NBD KSA to hand Cenomi Retail a SAR 1.6 bn loan
The financing is dependent on Al Futtaim’s completion of its acquisition of a stake in the company
Eshraq taps acting CEO and Al Futtaim’s EV arm appoints MD
Eshraq’s CEO steps down: ADX-listed private equity firm Eshraq appointed former chief strategy officer Tanvir Haque (LinkedIn) as acting CEO…
Al Futtaim enters Kuwait with real estate venture
Kuwait’s recent liberalization efforts will allow private companies to boost investments in the country
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