Landmark Group partners to open numerous stores in Reem Mall
Landmark Group, a top retail and hospitality conglomerate, announces a major partnership with Reem Mall where the group will open 23 new stores in the UAE capital in 2018. Read More »
Landmark Group, a top retail and hospitality conglomerate, announces a major partnership with Reem Mall where the group will open 23 new stores in the UAE capital in 2018. Read More »
Sheikh Sabah Khaled Al-Hamad Al-Sabah, first deputy prime minister and minister of foreign affairs of Kuwait, and Swiss Federal Councillor Didier Burkhalter agreed to work more closely on development cooperation during recent foreign policy consultations in Bern. They also talked about the Gulf region’s stability and how conflicts must be resolved through dialogue and negotiations. Read More »
Zain Group, a Kuwait-based telecommunications company that operates in the Middle East and Africa, announced its consolidated financial results for the first six months of 2016, a period during which Zain Group served 45.2 million consumers. The company generated revenues of $1.83 billion while recording a net income of $272 million for the first half of 2016. Read More »
Hill International has been awarded a contract from Health Assurance Hospitals Company (Dhaman) to provide project and construction management services for two new hospitals being built in Kuwait. The three year contract is worth approximately $13.1 million.Each hospital, to be built in Al Ahmadi and Al Jahra, will have 300 beds, staff accommodation buildings and parking facilities. Read More »
Kuwait Qatar Insurance Company recently announced the launch of Insurance-On-Call, a new service from its retail arm, QIC Insured. Read More »
Frederic Debord has joined Ooredoo Kuwait, a member of the international Ooredoo Group, as its chief operating officer. Read More »
The National Bank of Kuwait (NBK) recently announced a financing agreement with The Kuwait Styrene Company (TKSC) to provide the styrene monomer producer with $280 million in credit facilities for general purpose spending. NBK Kuwait CEO Salah Al-Fulaij and his TKSC counterpart, Adel Yousuf Al-Saad Al-Munifi, signed the agreement. Read More »
Telecommunications operator Zain Group focuses on achieving peace throughout the Middle East in its 2016 Ramadan television commercial for the Holy Month. It was filmed in Sri Lanka and received more than 4 million views within five days of the commercial appearing on the company's YouTube channel. Read More »
As of early this year, Kuwait Airways no longer carries passengers between New York City and London. Read More »
Qatar Insurance Group (QIC) said a group of its senior officials recently visited the elderly at Ihsan - Centre of Empowerment and Care Elderly and Al Rumailah Hospital. "We were delighted to organize a visit to the elderly to acknowledge them for their unique contribution to the society at large,” Ali Al Fadala, senior deputy group president and CEO of QIC Group, said. Read More »
In an effort to sustain Qatari traditions, Qatar Insurance Group recently hosted a Suhoor assembly at the La Cigale hotel for staff and family members. Read More »
Air travel to and from the small Gulf Coast country of Kuwait seems to be growing - but with the recent abandonment of London-JFK routes by the country's leading airline, Kuwait Airways, that growth is not likely to be coming from the West. Recently released statistics show that the passenger volume through Kuwait International Airport is up 7 percent from 2015 as of May. Read More »
The MIT Enterprise Forum Pan Arab (MITEF Pan Arab), in a partnership that includes Kuwait based Zain Group, launched the Innovate for Refugees competition for solutions to problems facing refugees. The partnership also includes MBC Hope, the corporate social responsibility arm of Dubai's Middle East Broadcasting Center, and the United Nations High Commissioner For Refugees. Read More »
Telecommunications operator Zain Group recently received five accolades at the Global Telecoms Business (GTB) Innovation Awards ceremony. Read More »
A new agreement between the Booking.com hotel reservation portal and a Middle East telecom provider is changing the way customers make hotel reservations in the Emirates, and throughout the Middle East. Read More »
Facial and fingerprint identification has made a quantum leap in Kuwait’s financial sector with Gulf Bank becoming the region’s first to embrace biometric authentication using Daon’s IdentityX platform, a high-security verification solution for retail customers.Gulf Bank upgraded its digital security system to provide Kuwaiti customers with Daon’s mobile biometric authentication system. Read More »
Logistics provider Agility will offer specialized services for companies within the private and public sectors after winning a five year contract with Kuwait-based YIACO Medical Company, a medical and pharmaceutical supplier that works with a number of different health care sector entities. The contract calls for Agility to store medicines and medical equipment from YIACO. Read More »
Kuwait's Boubyan Bank issued $250 million Perpetual Tier 1 Capital Certificates completed May 16, the first public sukuk from a Kuwaiti bank, the first public sukuk out of Kuwait since 2007 and the world’s first public fully Basel III-compliant Tier 1 sukuk. “We are delighted to have been part of this truly remarkable transaction,” Alex Roussos, Dentons capital markets partner, said. Read More »
Global Investment House announced third quarter net profits of KWD243 thousand in spite of challenging economic markets. Read More »
Kuwait-based global construction firm Sayed Hamid Behbehani & Sons Co. (SHBC) recently enlisted the help of Aconex to manage data associated with the Al Farwaniya Hospital expansion project in Kuwait City. Aconex will offer SHBC its easy-to-use cloud and mobile collaboration platform to enable all project team members to have access to up-to-date project information at any time. Read More »