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Almarai eyes $1.5bn stake in UAE firm

Saudi Arabian dairy firm Almarai is interested in buying a majority stake in National Food Products Company (NFPC), four sources familiar with the matter told Reuters. The Gulf’s largest dairy firm, Almarai, is among several companies to have shown an initial interest in NFPC, one of the largest food and dairy manufacturers and distributors in the...

Bahrain inks pact with averda

Leading waste management provider averda has won an international tender issued by the Bahraini gove ...

Hamriyah hub unveils facilities

Hamriyah Free Zone in Sharjah says it is progressing well towards becoming a growth engine of the lo ...

Umm Al Quwain hub set for Phase 2

Umm Al Auwain Free Trade Zone has so far registered and licensed 850 companies while infrastructure ...

Jeddah airport on track

With 86 per cent of construction work at the King Abdul Aziz International Airport (KAIA) project in ...





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