Category Archives: Business & Investments

Sharjah highlights its competitive environment and status as a preferred destination for FDI during 13th AIM Congress

Showcasing the emirate’s commitment to responsible investment and sustainable growth

Sharjah highlights its competitive environment and status as a preferred destination for FDI during 13th AIM Congress

Sharjah delegation, led by Invest in Sharjah including SAEED, SEDD, SCCI, and Shams, highlighted the emirate’s vision to 12,000 participants from 175 countries.

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UK-based Monument Bank secures funding from Sheikha Amal Bahwan

UK-based Monument Bank secures funding from Sheikha Amal Bahwan

Dubai, UAE – 08 May 2024: Monument Bank, a UK-based neo-bank, is pleased to announce the establishment of a strategic financial relationship with Sheikha Amal Suhail Bahwan, Chairperson of the National Bank of Oman, and one of the most prominent individuals in the financial services sector in the Gulf Cooperation Council (GCC).

Sheikha Bahwan has acquired a significant equity stake in Monument Bank and will contribute to further developing Monument Bank’s operations in the UK, the GCC, and across other international markets. Sheikha Bahwan’s experience will help in guiding the strategy for scaling up the bank’s operations in the UK, and in shaping and advancing some of the strategic opportunities the Bank will consider in the future, including licensing its formidable, cutting-edge technology in various new markets, including Oman and other territories within the region.

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Burjeel Holdings Reports Double-DigitQ1 ’24 Revenue Growth, ReiteratesFY’24 Guidance 

Abu Dhabi, United Arab Emirates, 7May 2024: Burjeel Holdings PLC (“Burjeel” or “the Group”), a leading super-specialty healthcare
services provider in MENA listed on the Abu Dhabi Securities Exchange (“ADX”)
(SYMBOL: BURJEEL; ISIN: AEE01119B224), today announced its
financial results in accordance with International Financial Reporting
Standards (IFRS) for the three-month period ended 31 March 2024.

Progress on Strategic Priorities 

Burjeel Holdings saw continued progress on its
strategic ambitions
to ramp up the
Group’s high-growth assets, expand its healthcare infrastructure and drive
patient yields through the provision of highly specialized complex care.

The Group continued to execute on geographic expansion, with the opening of 13 new PhysioTherabia
centers in the Kingdom of Saudi Arabia by May ‘24. This brings the total number
of PhysioTherabia centers to 17 across Riyadh, Madina, Jeddah, Dammam, Al
Khobar and Yanbu, meaning the Group is well on track to reach its target of 60
centers by the end of 2025. It also expanded insurance partnerships with
leading providers in the KSA like Tawuniya and Al Arabia Takaful.



 

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Maktoum bin Mohammed meets with President and CEO of State Street Global Advisors

Maktoum bin Mohammed meets with President and CEO of State Street Global Advisors

State Street Global Advisors is one of the world’s largest asset managers with $4.13 trillion worth of assets under management

Government of Dubai Media Office – 07 May 2024: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), today met with Yie-Hsin Hung, President and CEO of State Street Global Advisors, one of the world’s largest asset managers.

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