Tag: GCC Business News
UAE’s Ampconnect unites with Arcserve to hasten business growth in GCC
UAE-based value-added-distributor Ampconnect has entered into a strategic partnership with the world’s most experienced ransomware protection and unified data resilience platform provider Arcserve in...
US-based Beyond Technology invests in MEA & SA markets to promote...
A global leader in digital transformation, US-based Beyond Technology (BT) has revealed its investments in the Middle East, Africa and South Asia regions to...
UAE’s ATS Travel deepens partnership with Amadeus to expand across GCC
The UAE-headquartered travel management company, ATS Travel has extended its partnership with Amadeus as it embarks on an ambitious expansion plan across the GCC.
The...
Qatar’s tech startup Snoonu acquires Omani food delivery platform Akeed
Qatar’s leading tech startup Snoonu has acquired the Oman-based delivery platform Akeed for $10 million.
Snoonu said in a statement that the agreement to acquire...
AD Ports to host ME’s 1st Ports Authorities Roundtable conference
Abu Dhabi Ports (AD Ports) Group, the region’s premier facilitator of logistics, industry, and trade, has confirmed that it will host the 7th Edition...
GCC economies to expand by 5.9% in 2022; World Bank
The international financial institution, World Bank has revealed that the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9 percent...
UAE’s GII acquires 51% of Saudi Arabia’s Almeswak for $530mn
UAE-based leading financial services company Gulf Islamic Investments (GII) has closed a $530 million deal to buy a 51 percent stake in Saudi Arabia’s...
GCC Banks’ strong investment supports resilience to cyber risk; S&P
GCC banks have laid the foundation to minimize their exposure to cyber risk through investments in digital security, according to the S&P Global Rating...
