Al Seer Marine, a subsidiary of Abu Dhabi-based International Holding Company, has recorded a total revenue of AED579 million ($158 million) for the first six months, thus demonstrating the strength of its underlying commercial operations and its ability to maintain robust performance.
SURJ Sports Investment, a Saudi PIF company, together with Live Nation and Oak View Group (OVG), has announced the launch of radia, a joint venture to support the growth of the kingdom’s sports infrastructure - including venue management, operations, activations and commercialisation.
Leading low-cost carrier Jazeera Airways has announced the full resumption of operations from its dedicated Terminal 5 (T5) at Kuwait International Airport following the partial resumption of direct flights last week after 57 days of airport closure and conclusion of its service from a temporary base in Saudi Arabia.
Metal Park, a 500,000 sq m ecosystem established in 2021 in Abu Dhabi, has kicked off the second phase of its integrated industrial ecosystem, following its successful Phase One launch. The new expansion will introduce more than 700,000 sq ft of industrial units dedicated to metal processing and fabrication.
Global utility major Acwa Power has announced that two of its solar independent power producer (IPP) plants in Saudi Arabia have been subject to temporary dispatch limitations following instructions from the grid operator, citing concerns over reactive power fluctuations affecting grid stability.
Aldar Properties confirmed operations across its residential communities, retail destinations, commercial offices, logistics facilities, hotels, schools and development sites in the UAE continue without interruption and the company remains operationally and financially resilient.
AD Ports Group, a leading global enabler of trade, industry and logistics solutions, confirms that all operations across its clusters continue as normal in light of current regional developments.
Cisco, the worldwide leader in networking and security, has appointed Shane Heraty as the new Vice President and General Manager for Cisco Middle East, Africa, Türkiye, Romania and CIS effective May 1. In this role, he will oversee Cisco's strategy and commercial operations in the region.
The National Bank of Bahrain (NBB) has announced the transition back to 100% operating capacity across its headquarters and branches in the kingdom starting from March 29, with the exception of its Bahrain International Airport branch which will remain closed until further notice.
Standard Chartered Bahrain has confirmed that its operations across the Kingdom remain fully functional and continue to run at full capacity.
