Abu Dhabi – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating two successful years of operations at Ezhou Huahu Airport, marking a significant milestone in its strategic collaboration with SF Airlines. Since transitioning joint operations from Wuhan to Ezhou in August 2023, Etihad Airways is the first international airline to launch scheduled commercial freighter services in the region. Building on this milestone, Etihad Cargo expanded its presence at Ezhou Huahu Airport and announced a second weekly frequency in November 2023, followed by a third in July 2024, reflecting growing demand and operational momentum. Since August 2023, Etihad…
Author: Mahdeehassan
London, United Kingdom: Chedid Capital is expanding and diversifying its presence in Europe with the launch of Momentum Risk Solutions UK a Managing General Agent (MGA) based in London, United Kingdom. Offering a diversified insurance and consultancy portfolio across the GCC, Asia, the Middle East, Africa, and Europe, the Group has been investing in this expansion over the past year, welcoming industry experts to Momentum Risk Solutions UK’s leadership team in specialty segments such as financial institutions and political violence, among others. “Our expansion into London builds on years of experience in some of the most complex and fast-evolving risk landscapes…
Abu Dhabi, United Arab Emirates: Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, and Emirates Nuclear Energy Company (ENEC) today announced the UAE’s first delivery of low-carbon aluminium using electricity generated at Barakah Nuclear Energy Plant, located in the Al Dhafra region of Abu Dhabi, UAE. EGA is marketing this type of low-carbon aluminium under the product brand MinimAL. The metal will be supplied to CANEX Aluminum, Egypt’s leading aluminium downstream producer. EGA’s new product positions the UAE as a reliable supplier of low-carbon industrial materials to global markets and expands EGA’s low-carbon metal portfolio for our local…
Gary Vaynerchuk, renowned entrepreneur and marketing powerhouse, will kick off SBC Summit 2025’s first-ever Marketing Academy with an exclusive AMA (Ask Me Anything) session. This marks the launch of SBC Summit’s most ambitious educational initiative yet: four full-dayTech Academies covering AI, Marketing, Web 3.0 & Blockchain, and a new academy set to be announced soon. Designed to deliver hands-on, interactive learning with the world’s leading experts, the programme is open to all professionals with an interest in tech, not just those within the gaming industry. The Marketing Academy, a key pillar of SBC Summit’s Tech Academy programme, brings together a world-class mix of talent, including Gary Vaynerchuk, content…
Cairo – Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading urban community developers, has announced the launch of its latest project “Talala” in the heart of New Heliopolis City, with a total investment of EGP 90 billion. The launch of the project comes as part of the company’s ambitious expansion strategy to meet its customers’ evolving needs and enhance the living standards by offering luxurious, high-quality living experience. The project is expected to achieve estimated sales value of EGP 202 billion, reflecting Madinet Masr’s commitment to its pivotal role in supporting and developing the Egyptian economy through the development of…
United Arab Emirates: United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced the successful completion of its capital increase, which ended on July 29, 2025. The Rights Issue raised AED 1,031 billion increasing the Bank’s issued capital from AED 2,062 billion to AED 3,093 billion. The newly issued shares were priced at AED 1 per share. All necessary regulatory approvals have been obtained for this transaction. The Rights Issue was oversubscribed, underscoring UAB’s robust fundamentals and strong performance as a result of the diligent execution of its turnaround strategy. United Arab Bank intends to use the…
Muscat: Solidifying its position as the leading finance company in the Sultanate of Oman, National Finance has announced its financial results for the first half of 2025, reflecting a strong performance underpinned by prudent risk management, operational efficiency, and an unwavering focus on long-term stakeholder value. Despite a cautious business climate, the company has continued to chart a resilient growth path driven by disciplined credit policies, an expanding suite of customer-centric financing solutions, and a keen emphasis on inclusive access for retail, corporate and SME segments. Through ongoing product innovation, National Finance remains steadfast in redefining the customer experience and reinforcing…
SBC has officially announced the shortlisted nominees for the 12th edition of the SBC Awards, set to take place at Lisbon’s MEO Arena on Thursday, 18 September, the final day of SBC Summit 2025. Celebrating excellence across the global betting and gaming industry, the ceremony will spotlight standout achievements from operators, industry leaders, and suppliers across a broad spectrum of sectors, including payments, marketing, and platform innovation. This year’s edition has already broken records, with the highest number of nominations ever received across its 37 diverse categories, reflecting the industry’s growing commitment to delivering exceptional performance. Leading the shortlist are Pragmatic Play and Sportradar, each…
KING ABDULLAH ECONOMIC CITY (KAEC), Saudia Arabia (GLOBE NEWSWIRE) — Emaar, The Economic City (EEC), the master developer of King Abdullah Economic City (KAEC), has signed an agreement with Al Tahaluf, a Saudi-American joint venture comprised of a K. Hovnanian subsidiary and the Hamad bin Saedan Real Estate Company, to develop two premium residential communities in the Al Murooj district. The deal reflects a shared ambition to shape a vibrant coastal district and supports KAEC’s goal of attracting high-value development while cementing its position as a lifestyle-led investment destination aligned with Vision 2030’s ambitions. Signed at KAEC by Abdulaziz Alnowaiser, CEO…
Manama, Kingdom of Bahrain: Seef Properties B.S.C. (Bahrain Bourse Trading Code: SEEF) announced its financial results for the second quarter ended 30 June 2025 and six months period ended 30th June 2025. The Company reported a net profit and comprehensive income attributable to the parent of BD 1.5 million during the second quarter of 2025, compared to BD 1.7 million for the same period of the previous year, a decrease of 13.3%. The change is attributable to increased market competition and economic fluctuations. Diluted earnings per share attributable to the parent for the first quarter of 2025 amounted to 3 Fils, compared…