Saudi Fund for Development Signs New  Million Development Loan Agreement

to Construct and Equip Schools in Tajikistan Dushanbe, Tajikistan — The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E. Kahhorzoda Fayziddin Sattor, through which SFD is contributing $20 million USDContinue Reading

Jaco, Saudi Arabia’s First Social Network: One Million Users in 2 Months, Aiming for 5 Million at End of the Year

Riyadh, Saudi Arabia – In his first appearance on the business stage of Saudi Arabia’s first social network, “Jaco”, Saudi entrepreneur Fahd Al-Shidi, the supervisor of the project, announced a special challenge the team is undertaking to reach five million users soon. He added that Jaco’s attraction of more thanContinue Reading

ACUBE Launches Real Estate Development Arm in Dubai with Multiple New Residential Developments Totaling 1 Million Square Feet in 3 Years

Groundbreaking ceremony held for its first luxury residential tower, Adhara Star, signals ACUBE’s swift plans to meet continued demand for affordable luxury homes in Dubai Dubai, United Arab Emirates ACUBE Real Estate Development LLC marks its entrance in Dubai’s thriving real estate sector with the groundbreaking ceremony for the first ofContinue Reading

Dr. Moopen’s Family increases 4% stake in Aster DM Healthcare buying shares for Dh 207 million

Dubai, United Arab Emirates, March 29, 2023 — The promoters of Aster DM Healthcare have increased their shareholding in the India listed company by 4% from 37.88% to 41.88%, after acquiring additional stake from one of the large private equity investors at an additional investment of Dh. 207 million. SpeakingContinue Reading

Dr. Moopen’s Family increases 4% stake in Aster DM Healthcare buying shares for Dh 207 million

Dubai, United Arab Emirates, March 29, 2023 — The promoters of Aster DM Healthcare have increased their shareholding in the India listed company by 4% from 37.88% to 41.88%, after acquiring additional stake from one of the large private equity investors at an additional investment of Dh. 207 million. SpeakingContinue Reading

Eurofragance Closes 2021 with Sales Reaching 94 Million Euros and 20 Percent Growth Versus Year Ago

Dubai, United Arab Emirates The company ended 2021 with a turnover of 94 million euros, representing a 20 percent increase compared with the previous year, demon strating its strength in navigating COVID-19. In 2021, all categories-fine fragrance, home care and personal care-enjoyed a positive evolution, the young multi-national successfully met its top-andContinue Reading