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Panasonic Forges Retail Partnership with SACO to Enhance Customer Experience in Saudi Arabia
Panasonic bats for enhanced service and supply efficiency by collaborating with Saudi Company for Hardware (SACO) Riyadh, Saudi Arabia Panasonic Marketing Middle East and Africa (PMMAF) has revealed a groundbreaking strategic partnership with Saudi Company for Hardware (SACO), KSA's premier electronics and lifestyle retail distributor. ......Read More
Monday, May 5, 2025
UAE-based Hotpack Global to invest $100m in its first US manufacturing facility in New Jersey
Dubai, UAE – May 2, 2025 – New Jersey Governor Phil Murphy and Hotpack, the UAE-based leader in sustainable food packaging solutions, today announced a major step forward in Hotpack’s international expansion strategy with a $100 million investment to establish a new manufacturing and distribution facility in Edison, New ......Read More
Friday, May 2, 2025
United Foods Company reports strong FY2024 performance
Board of Directors proposes 100% cash dividend of paid-up capital, reflecting robust financial performance and dedication to consistent returns to shareholders Financial Highlights (Year ended 31 December 2024): Sales volumes increased 5.9%, highlighting strong market demand across core categories Gross revenue reached record of AED ......Read More
Monday, April 28, 2025
LG Announces first-quarter 2025 financial results
Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in ......Read More
Saturday, April 26, 2025
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Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk
Dubai, UAE, April 24 - Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, successfully priced a USD 500 million 5-year Sukuk at a credit spread of 130 basis points over the United States treasury rate, which equates to a fixed profit rate of ......Read More
Friday, April 25, 2025
Gold (XAU/USD) charges to $3,500 as Fed independence comes under threat
By Daniela Sabin Hathorn, senior market analyst at Capital.com Gold continues its impressive rally as market confidence in the soundness of the US administration wavers. The latest headline shaking investor sentiment emerged over the Easter weekend, with reports suggesting that President Trump is exploring ways to remove Federal Reserve ......Read More
Tuesday, April 22, 2025
TAQA Acquires Leading UK Electricity Transmission Development and Services Company
Strategic acquisition of Transmission Investment will support TAQA Transmission’s international growth plans and expands its capabilities in offshore transmission services and transmission infrastructure development Transmission Investment is one of the largest players in the United Kingdom’s offshore electricity transmission market and a prominent player in the country’s interconnector sector Abu Dhabi, UAE – 17 April 2025: Abu Dhabi National Energy Company PJSC (“TAQA” or “the Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, announced today that it has ......Read More
Thursday, April 17, 2025