Latest Investment companies Stories

2011-02-15 06:15:00

DUBAI, UAE, February 15, 2011 /PRNewswire/ -- The Al Dobowi Group recently celebrated 35 years of operations in the UAE. This fourth generation tyre business was started in the Middle East to address the needs of a growing tyre management and service industry in the Middle East.

2010-11-10 23:05:00

AMSTERDAM, Nov. 11, 2010 /PRNewswire-FirstCall/ -- AerCap Holdings N.V. ("AerCap", NYSE: AER) announced that today it has completed the transaction with Abu Dhabi-based investment holding company Waha Capital PJSC ("Waha", ADX: WAHA), which was previously announced on October 25, 2010.

2010-09-19 23:59:00

RIYADH, Saudi Arabia, September 20, 2010 /PRNewswire/ -- - Prospero Implemented for Both Asset Management and Wealth Management SAGE, the publisher of banking solutions specialized in the development of wealth and asset management systems, is pleased to announce that Global Investment House (http://www.globalinv.net/) in Saudi Arabia started the implementation of Prospero (http://www.sage.ch/index.php?id=prospero) as its front- to back-office platform for its Investment Management...

2010-01-18 05:01:00

DUBAI, UAE, January 18 /PRNewswire/ -- Grandweld, a United Arab Emirates-based shipbuilding, ship repair and conversion specialist, has secured a major contract worth US$128 million for the construction of three new Salvage Tugs for Sogeport-GICEP of Algeria.

2009-12-30 04:01:00

DUBAI, UAE, December 30 /PRNewswire/ -- UAE based GMMOS Group, backed by Abraaj Capital and Waha Capital, has acquired 100% of the share capital of Minnow Marine Projects Limited (MMPL) through its newly formed Singapore based division Stanford Asia.

2009-12-20 04:00:00

DUBAI, UAE, December 20 /PRNewswire/ -- Private equity backed Gulf Marine Maintenance and Offshore Service Company ("GMMOS"), a leading United Arab Emirates based provider of marine services to the offshore oil & gas industry, announced today the acquisition by Stanford Marine, its chartering division, of five offshore support vessels (OSV) as part of Abraaj Capital and Waha Capital's expansion strategy for the business. The acquisitions, comprising two 5150 bhp Anchor Handling Tug...

Word of the Day
  • The practice of two or more parties jointly purchasing all or part of a butchered cow and dividing the meat between them.
The word 'cowpooling' was formed on the model of 'carpooling'.