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UAE Pharma Company Julphar makes $136 million rights issue for restructuring 

UAE’s Gulf Pharmaceuticals (Julphar) is pondering on raising $136 million through a rights issue to fuel its "ambitious turnaround plan” and extend its operations...

Emirates restarts passenger flights to 12 Arab countries from July 1

Dubai-based airline operator Emirates has started accepting bookings to resume passenger operations to 12 Arab Nations from July 1.  Flight Reservations are now open for...

GCC Public funds queue up for stakes in BlackRock

World's largest asset manager, BlackRock has been in the spotlight among some of the world’s largest institutional investors and sovereign funds when a significant...

BPG Kuwait reveals back to business toolkit

BPG Kuwait, an integrated communications firm part of MENA-based BPG Group and the WPP network has revealed its latest offering “Back to Business”, a...

Moody’s gives prime ratings for UAE and Kuwait

Moody’s Emerging Market Chartbook 2020 measures Abu Dhabi, UAE, and Kuwait as the highest-rated emerging markets sovereigns amid coronavirus pandemic. While it rated GCC’s largest...

Markaz Kuwait launches its ‘Tenant Online Services Portal’

Kuwait Financial Center (Markaz) has published the launch of its 'Tenant Online Services Portal' to give the highest levels of comfort and ease to...

Jazeera Airways lays off 300 employees

Rohit Ramachandran, CEO of Jazeera Airways says that the airline is communicating to its lessors to try to delay or dismiss costs for as long...

Kuwait needs to deliberate about expenses as oil prices continue to...

As OPEC+ Countries continue to witness fall in earnings. Kuwait of all needs to be prudent about its expenditures.  With the falling oil prices and...
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