Friday 29 April 2016
 
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Holding

Kingdom Holding chairman among '50 richest people'

The chairman of Kingdom Holding Company has been ranking among Business Insider's '50 Richest People on Earth' list.   Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud is known for his precision for exp

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Dubai Holding to allocate $13m for future research

Dubai Holding is set to allocate Dh50 million ($13.6 million) in an endowment to fund future scientific and technical research and studies, contributing to Sheikh Mohammed Bin Rashid Al Maktoum’s initiative to revive ‘Al Waqf&rsquo

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Dubai Holding Commercial Operations net profit up 25pc

Dubai Holding Commercial Operations Group, the business group of Dubai Holding, has posted a 25 per cent increase in net profit for 2015, going up from Dh4.68 billion ($1.27 billion) recorded in 2014 to Dh5.83 billion ($1.58 billion). T

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Projects Holding appoints new managing director

Projects Holding Company, a leading Bahraini contracting firm which employs over 1,000 people, has appointed Steven Donlon as its new group managing director. Donlon, who is a chartered quantity surveyor with the RICS (Royal Institution of Cha

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Saudi's Kingdom Holding among group investing $247.7m in Lyft

Saudi Arabia's Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, said on Thursday it had led a group of investors which bought 5.3 per cent of US ride-hailing firm Lyft for $247.7 million. Lyft, Uber Tec

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Dubai Holding honoured for corporate wellness programme

Dubai Holding, a leading investment holding company, has been recognised at the Daman Corporate Health Awards as the best employer in the UAE with proven record of accomplishment in the health and wellness sphere.   

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KHI sells interest in Fairmont Mount Kenya Safari Club

Kingdom Hotel Investments (KHI), a wholly-owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company, has sold its 75 per cent interest in the Fairmont Mount Kenya Safari Club to a private Kenyan company for $18 million, accord

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New ‘Falcon Holding’ to boost Bahrain’s aviation push

Bahrain’s sovereign fund Mumtalakat is looking for acquisition opportunities in the aviation sector, its chief executive has said. Mahmood Al Kooheji also told the Gulf Daily News (GDN), our sister publication, that

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Bahrain publisher and top law firm sign accord

Stratford Holding Group, the publisher of bizbahrain magazine, has announced the signing of an agreement with international 
law firm Charles Russell Speechlys. Under the agreement, the magazine will publish articles offering lega

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Ibdar Bank wins aircraft finance deal award

Ibdar Bank and Dubai-based Palma Holding have won the African Aviation Magazine's aircraft finance deal of the year award. The award was for structuring of a 12-year agreement for acquiring four brand new Bombardier Q400 Next

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