EFG Hermes, a leading investment bank in the Arab world, has appointed HC Securities and Investment as the independent financial advisor (IFA) to opine on the fair value of the stock and the fairness of the offer.
Samsung Electronics showcased both the flat and curved formats of its Ultra High-Definition (UHD) Oled TV at the recent IFA 2013, the largest consumer electronic trade show in Europe.
The UHD Oled TV is a proof
MS Retail (MSR), a top developer of specialty retail and entertainment stores in Kuwait, has inked a SR80 million ($48 million) deal with Abdul Mohsen Al Hokair Company for Tourism and Development to open its flagship stores in Saudi Arabia.
IFA Hotels & Resorts (IFA) and Kuwait Real Estate Company (KREC) have partnered with The John Buck Company to develop more than $650 million worth of Yotel hotels in North America over the next three to five years.
The partnership will
A group of Saudi investors have set up a company with a capital of SR400 million ($106.66 million) to invest in the filed of power generation and distribution, a report said.
The Eastern Province-based company has signed a series of deals
World demand for fertilisers will rise again this season to hit a new record level, driven by growth in emerging economies and strong fundamentals in agricultural markets, the International Fertiliser Industry Association (IFA) said.
Franchising Middle East (FME), a leading exhibition for the franchise sector in the Middle East region, kicked off on Tuesday at Dubai International Exhibition Centre.
Abdullah Tayyeb Qassem, senior vice president (Venues), Dubai World Tra
IFA Hotels & Resorts (IFA HR) has reported a profit of KD15.01 million ($ 56.41 million) for the first quarter of its financial year, an increase of 130 per cent compared to the same period last year.
Earnings per share increased by 13
IFA Hotels & Resorts and joint venture partner Nakheel have launched the first office space on the Palm Jumeirah at The Palm Golden Mile.
The freehold offices will be sold by private auction in Dubai.
The property sale will of
IFA Hotels & Resorts (IFA HR) has announced its second joint venture partnership with Nakheel for the development of a $1 billion resort.
The company has acquired two plots of land adjacent to the Kingdom of Sheba resort, its first pro