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Companies

DIFC to play key role in UAE-Kazakhstan trade
DIFC, National Bank of Kazakhstan sign deal.
Budget Rent A Car wins at World Travel Awards
The award, won on the basis of votes from travel and tourism professionals worldwide, was in recognition of Budget UAE’s commitment to excellence and superior standards of service.
Marka acquires Reem Al Bawadi restaurant chain
The sale is one of the largest food and beverage acquisitions in the UAE relating to a home-grown hospitality brand.
Gloria Hotels and Resorts to boost portfolio
“We will soon open a five-star property in Abu Dhabi Zayed Sports City, the Gloria Inn Narjan and Gloria Inn Riyadh in Saudi Arabia.”
Agility’s Q1 profit rises 5% to KD11.8m
The company’s earnings-per-share stood at 10.79 fils.
CFOs are business drivers of organisations along with CEOs
The CFO conference would now be an annual event in Dubai where professionals will explore and thrash out solutions to meet the challenges.
Honda and Daihatsu to recall 5 million cars
The recalls come a day after Toyota Motor Corp and Nissan Motor Co said they were taking back some 6.5 million vehicles worldwide after investigations showed the Takata airbag inflators were not properly sealed and so could be damaged by moisture.
Joyalukkas expands in Kuwait
Joyalukkas Exchange has expanded its operations in Kuwait by opening four new exchange houses last month, the company said in a statement on Tuesday.
Zain Saudi Arabia to continue positive momentum
Third Saudi telecommunications operator to benefit from 40% drop in mobile termination rates
Toyota, Mazda in long-term tie-up
Toyota President Akio Toyoda and Mazda Motor Corp President Masamichi Kogai shook hands at a Tokyo hotel on Wednesday, both smiling and decked out in dark suits and red ties.
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