Resource Centre




CE Ventures Leads Seed Round for UAE Food Tech Startup Kitopi

CE Ventures, the corporate venture capital (CVC) arm of business conglomerate Crescent Enterprises, successfully led a seed funding round to finance Kitopi, a smart kitchen network that cooks and delivers on behalf of restaurants...

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Crescent Enterprises, Emirates Nature-WWF to tackle UAE's pressing environmental concerns

Crescent Enterprises and the newly rebranded environmental organisation Emirates Nature-WWF (formerly Emirates Wildlife Society-WWF), are stepping up their joint efforts to tackle pressing environmental concerns...

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Sharjah port operator Gulftainer inks 50-year, $600m concession for US port

UAE-based independent port operator and logistics company has signed a 50-year, $600 million concession to develop and operate the port of Wilmington in the American state of Delaware, the company has announced...

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Vezeeta, the leading MENA healthcare startup, secures $12M Series C led by STV

One of the major structural issues in the Middle East is the lack of consistent healthcare across the region. So this market was clearly waiting to be disrupted by technology...

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Oxford Business Group Speaks to Badr Jafar, CEO, Crescent Enterprises, about How Innovation and Entrepreneurship Can Reshape Economies

What role can innovation and entrepreneurship play in both Sharjah and the region?
JAFAR: Sharjah’s emerging role as a hub for start-ups is...

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Now you can book an environmentally friendly, Careem Electric car on the Careem app

Dubai, UAE: Careem, the region’s leading ride hailing app and only tech unicorn from the region, today announced the introduction of an Electric car type option onto the fleet. Available to book from today, customers will be able opt for an electric...

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Gulftainer subsidiary wins 50-year US port concession

Gulftainer, a Sharjah-based ports operator and part of UAE conglomerate Crescent Enterprises, said its subsidiary GT USA has won exclusive rights to operate and develop a port in the US State of Delaware, subject to approvals...

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Sharjah increases support for start-ups and SMEs

Efforts to expand the role of entrepreneurs and small-scale enterprises in Sharjah are gathering momentum, due to a combination of regulatory changes, new incentives and supporting infrastructure...

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Crescent Enterprises' Venture Capital Arm Closes Investment In US-Based MedTech Startups

UAE-based Crescent Enterprises has led a Series A round of investment totaling US$16 million in ColubrisMX and XCath, two US-based micro-robotic medical device enterprises. This is the first investment announced by Crescent Enterprises since the launch of CE-VC...

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Crescent Enterprises announces new $150m venture capital division

Sharjah-headquartered diversified holding company Crescent Enterprises has announced the launch of its new corporate venture capital division with plans to invest up to US$150 million (AED548 million) over the next three years...

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Gulftainer Wins Port and Terminal Operator Award at Seatrade Maritime Awards 2017

Gulftainer, the world’s largest privately owned independent terminal operating and logistics company, has won the prestigious Port and Terminal Operator Award at the Seatrade Maritime Awards Middle East, Indian Subcontinent and Africa 2017 for the second consecutive year...

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Sharjah Children’s Film Festival to kick off on Oct.8

The fifth edition of the Sharjah International Children’s Film Festival (SICFF) 2017 will begin on Oct.8, with an unprecedented participation of 124 films from 31 countries. The USA, UAE and France have submitted the highest number of entries with 45, 33 and 29 films...

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Sharjah calls on entrepreneurs to participate in the Sheraa Accelerator program

The second edition of Sheraa's accelerator program is now accepting UAE and international entrepreneurs applications for its second cycle. Sheraa, Sharjah’s official entrepreneurship center, is...

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Crescent Enterprises, Sharjah Ladies Club nurture future leaders

Crescent Enterprises, the UAE-based multinational conglomerate, organised its second Young Entrepreneur Business Camp in collaboration with Sharjah Ladies Club, SLC. The three-day series...

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GT USA’s Port Canaveral joins Southeast US In-transit Cold Treatment Pilot Programme

Port Canaveral, whose dedicated container terminal is operated by GT USA, the US arm of Gulftainer, the world’s largest privately owned independent port operator, has joined the Southeast US In-transit Cold Treatment Pilot Program, an initiative by the US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS). The pilot programme...

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Crescent Enterprises partners with Sheraa to develop region’s entrepreneurship ecosystem

In line with the nation’s Year of Giving initiative and with Crescent Enterprises’ commitment to cultivating social entrepreneurship in the MENA region, we have entered an exclusive partnership with Sharjah Entrepreneurship Center Sheraa to devise a framework that harnesses the potential of young entrepreneurs in driving social development...

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RAK Ceramics reports healthy Q1 2017 revenue; seeks expansion

Ras Al Khaimah-based tile and ceramic ware manufacturer RAK Ceramics reported a four per cent rise in total revenues to AED 681.1 million in the first quarter of 2017, and is exploring expansion opportunities across the Arabian Gulf and India. Although total...

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Gama Aviation reports record revenues in 2016

Global business aviation services provider Gama Aviation reported record group revenues for last year. In its 2016 year-end...

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New operating system boosts Gulftainer’s productivity

A key milestone in Gulfatiner’s IT transformation strategy was the implementation of the Marine and Container Handling (MACH) Terminal Operating System (TOS). The TOS upgrade...

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Gama Aviation Plc and BBA Aviation Plc merge US management and charter business

Gama Aviation Plc teams with BBA Aviation Plc to create the US's largest Aircraft Management Business...

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Careem closer to creating a million jobs with first close in a $500mn funding round

Careem, the leading ride-hailing service in the Middle East and North Africa, recently announced a first close of its $500 million financing round. The closing of the $350...

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RAK Ceramics Wins UAE Home Interiors Awards

RAK Ceramics, one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, was named “Editor’s Choice” at The InsideOut Awards 2016, an annual event recognising manufacturers and suppliers that create inspirational home interiors...

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Oxford to Be Gama’s Heavy MRO Hub

London Oxford Airport is to become Gama Aviation’s business jet MRO hub. Gama completed its reverse takeover of Oxford-based Hangar8 plc in January 2015. Hangar8 managed 50+ business jets, had operations in Africa, and also operated a heavy MRO business jet...

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Gama Experiencing Robust Growth

Gama Aviation’s growth path could see it expanding its footprint with newly acquired FBOs in multiple locations in a bid to boost the ground support side of a portfolio that is already strong in aircraft management and charter, as well as maintenance, repair and overhaul...

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Gama Aviation Introduces Category Zero handling at Sharjah International Airport

Gama Aviation has introduced Category Zero handling for its Fixed Base Operations (FBO) at Sharjah International Airport. The handling rates have been designed to encourage light aircraft users to use the airport by ensuring the appropriate charging...

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Realty fund seeks out cash-strapped Dubai Projects

Help is at hand for those developers in Dubai feeling a bit short on cash. A real estate fund — launched by a combination Duet Mena and Invest Bridge Capital — expects to commit $40 million (Dh147 million) on select cash-strapped projects this year...

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Gulftainer Jeddah Terminal Handles 20m TEUs

Gulftainer said on Sunday its terminal in Jeddah, Saudi Arabia has handled 20 million twenty-foot equivalent units (TEUs), a shipping container measurement, since 2000.The Northern Container Terminal is the busiest container terminal...

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TVM Capital Healthcare Partners Named Best Private Equity Firm by Banker Middle East

TVM Capital Healthcare Partners, a private equity firm focused on emerging markets and dedicated to healthcare investments, announced today that it has been recognised as the "Best Private Equity Firm" at the 2016 Banker Middle East Industry Awards...

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RAK Ceramics Announces First Quarter 2016 Financial Results

RAK Ceramics PJSC (Ticker: RAKCEC: Abu Dhabi), one of the world's largest hi-tech manufacturers of lifestyle ceramics solutions, today announced its results for the first quarter ended 31 March 2016.RAK Ceramics delivered a 10.8% increase in net profit to...

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Gama Aviation Shows HondaJet in Jersey

Gama Aviation, which earlier this year acquired Jersey-based Aviation Beauport, has secured the inaugural visit to the island of the new HondaJet. The business jet is being exclusively showcased by Gama Aviation at an event for its clients on Thursday 12 May...

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Gama Aviation Achieves IS-BAO, IS-BAH at Sharjah

Gama Aviation is the latest aviation services provider to achieve certification under the International Business Aviation Council’s (IBAC) International Standard for Business Aircraft Operations (IS-BAO). The UK-based company received the approval for its operation...

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UASC and Gulftainer Mark 15,000 TEU Green Vessel Maiden Call

United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, and Gulftainer, the world’s largest privately-owned, independent port operator based in the UAE, marked the maiden call of UASC’s 15,000 TEU M.V. Linah into Khorfakkan Container...

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GAMA Aviation Shaping Strategy for Asia-Pac Region

GAMA Aviation is exhibiting here just over a year after it formed GAMA Aviation Hutchison (Hong Kong) Ltd., a 50:50 joint venture with Hutchison Whampoa. The joint venture, which now operates three aircraft on behalf of their owners, is based...

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TVM Capital Healthcare Partners Expands Southeast Asia Footprint

TVM Capital Healthcare Partners is planning to expand its footprint in the in Southeast Asia. The firm that is focused on healthcare investment in emerging markets, has partnered three healthcare professionals in Singapore. They will act as external advisors...

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Crescent Enterprises Shares Business Expertise with Students of Columbia Business School

Crescent Enterprises, the UAE-based diversified conglomerate and a wholly-owned subsidiary of Crescent Group, hosted 32 MBA students from the New York-based Columbia Business School during their recent educational trip to the UAE. The engagement...

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UAE's Gulftainer Eyes Tripling of Container Volumes by 2026

UAE-based Gulftainer, the world’s largest privately-owned, independent port operator, has recorded a four percent growth in global container volumes in 2015. Recording a nine percent spike in container volume, the company’s UAE terminals in Khorfakkan and Sharjah emerged...

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New Gulftainer CEO Sees Opportunity in Asia, Africa, USA

Gulftainer’s newly appointed chief executive believes there is opportunity in Asia, Africa and the United States for the Sharjah-headquartered port operator and says the company is in talks to add two more terminals to its portfolio...

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UAE's Gulftainer Appoints Former DP World Exec as New CEO

UAE-based Gulftainer, the world’s largest privately-owned, independent port operator, on Monday announced the appointment of a former DP World senior executive, Flemming Dalgaard, as its new CEO. Former CEO Peter Richards will now serve on Gulftainer’s Executive Board and...

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Sharjah Based Gama Aviation Achieves ISO 9001:2015 Registration

Gama Aviation has received ISO 9001:2015 accreditation – the latest level of the international quality management standards. Gama Aviation LLC went through an upgrade audit in early February 2016, after thoroughly reviewing and implementing a Quality Management System...

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TVM Capital Healthcare Registers New EM-focused Fund

Specialist private equity firm TVM Capital Healthcare Partners has registered a new emerging markets-focused fund under the Qualified Investor Fund regime (QIF) established by the Dubai International Financial Centre (DIFC). The fund, TVM Healthcare III, intends to raise $300 million...

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Abraaj Plans $500m Investment in African Hospitals

Dubai-based emerging market investment fund Abraaj will spend up to $500 million in start-up capital for a mid-tier hospital business in Africa, tapping into demand from the continent's emerging middle classes, an executive said on Wednesday...

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Gama Aviation Acquisition Gets Clearance to Fly

Gama Aviation's Channel Islands expansion received clearance to take off on Wednesday, with the Jersey Competition Authority giving it approval to acquire Jersey Airport-based Aviation Beauport. The AIM-traded business aviation provider initially announced

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New Service for Gulftainer's US Terminal

GT USA, the US arm of UAE-based global ports and logistics company Gulftainer, has welcomed to its Canaveral Cargo Terminal (CCT) in Florida, US, the MV Norderoog as part of its maiden call of StreamLines NV’s new Blue Stream service. The Blue Stream service

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Gama Aviation Gets Approval for $8m Sharjah Hangar

Gama Aviation received on Monday approval to build an $8 million (Dh29.37 million) aircraft maintenance hangar at Sharjah International Airport, a spokesperson for the London-listed business jet operator told Gulf News. The hangar is part of a $15 million total investment at

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Gama Aviation Partners with CAE to Expand Training Offer

Gama Aviation has signed a partnership agreement with CAE, the world’s second largest business aviation training organisation. The agreement will address the new interpretation of the European Aviation Safety Agency (EASA) Part-FCL requirements regarding base training

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Weekly Container Service Starts at Port Canaveral

Port Canaveral marked a milestone Sunday in its quest to boost its cargo business, with the arrival of the first ship of what will be a weekly cargo container service at Brevard County's seaport. The “Blue Stream” service will use a rotation of five ships on a cargo route that connects Port Canaveral with Central America and Europe

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Strong Governance to Boost Resilience of MENA Economies

Improving the governance of businesses, particularly family-owned firms that comprise the majority of non-oil economy in the Middle East, is a top concern for the Region. This is according to the ‘Corporate Governance for Competitiveness in the Middle East and Africa’ report, just released by Crescent

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Khorfakkan Container Terminal Exceeds 4,000 Moves in 12-hour Shift

Gulftainer, a privately owned, independent terminal operating and logistics company, has achieved yet another milestone, as its Khorfakkan Container Terminal (KCT) completed 4,073 container moves in a single 12-hour shift. The full operation consisted of an

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The Abraaj Group Partially Exits its Stake in Unimed

The Abraaj Group ('Abraaj ' or the 'Group'), a leading investor operating in global growth markets, today announced the successful exit through one of its Funds of a partial stake in leading Tunisian pharmaceutical company Unité de fabrication de médicaments ('Unimed' or the 'Company')

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Abraaj Exits Investment in Network International

Network International, a leading payment solutions provider, has announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49 per cent stake in the company from the Abraaj Group. Emirates NBD will continue to own a 51 per cent stake

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Gulftainer Honoured with ‘Port Operator Award’

Gulftainer, a UAE-based terminal operating and logistics company, said that it was honoured at the Lloyd’s List Middle East and Indian Subcontinent Awards 2015. Gulftainer, among six other finalists from the region, was given the ‘Port Operator Award’ sponsored by Fichte & Co

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EFSA Approves TVM Capital Offer to Acquire Ameco Medical

The Egyptian Financial Supervisory Authority (EFSA) approved the mandatory tender offer submitted by TVM Capital Healthcare Partners to buy majority stake of 42.05% in Ameco Medical Industries. The offer buying price is set at EGP 19.5 per share

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FAA Grants Gama Aviation LAS Repair Station Approval

Gama Aviation (Engineering) has received FAA approval for its repair station based at McCarran International Airport, Las Vegas. The FAR Part 147 certification covers work on airframes, engines, instruments and radio equipment. According to Dennis Richey, executive vice

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Gulftainer’s Iraqi Port Reaches Milestone Throughput of 1m TEU

United Arab Emirates-based global port terminal operator, Gulftainer has reached another significant milestone with a combined throughput of 1 million TEU at its terminals in Umm Qasr Port in Iraq since they were commissioned by the Sharjah based company in 2010. The one millionth unit...

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RAK Ceramics Showcases New Maximus Mega Slab Collection at Big 5 in Dubai

RAK Ceramics P.S.C. (Ticker: RAKCEC: Abu Dhabi), one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, will be showcasing a wide range of tiles and sanitaryware at Big 5 2015 in Dubai for the 14th consecutive year. The exhibition takes place from 23...

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Gulftainer Hits 1m TEU Throughput in Iraq port

Gulftainer has reached another significant milestone with a combined throughput of 1 million teu at its terminals in Umm Qasr Port in Iraq since they were commissioned by the Sharjah based company in 2010. The one millionth unit was discharged from the MSC Didem...

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Gama Aviation Announces its Las Vegas Base Has Received FAA Repair Station Certification

Gama Aviation (Engineering) Inc. (Stand N2416), a subsidiary of Gama Aviation Plc, the global aviation services company, has today announced that it has received Federal Aviation Administration approval for its repair station based at McCarran International Airport, Las Vegas

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TVM Capital Healthcare Partners Joins 30% Club GCC Chapter as Member Firm

Hoda Abou-Jamra, Founding Partner of TVM Capital Healthcare Partners, has been invited as a founding chair of the newly launched 30% Club GCC Chapter, a global business-led initiative committed to achieving better gender representation in senior leadership positions

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TVM Capital Healthcare Partners Hosts Third Annual TVM Capital Healthcare Investors Conference

Dr Helmut Schuehsler, CEO of TVM Capital Healthcare Partners, commented: "We have enjoyed robust conversation today from distinguished panellists and guests with discussion around the healthcare economy in the region, opportunities within healthcare in emerging markets and

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Bourn Hall Clinic Conducts Continuing Medical Education on Reproductive Immunology

In line with the vision of providing advanced fertility solutions to couples in the UAE and implementing new technologies and advanced research methodologies, Bourn Hall Clinic Dubai successfully concluded their CME, on Monday, 9 November 2015 to present

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Look Beyond Stereotypes for Opportunity in the Middle East, TVM Capital Healthcare Partners tells U.S. Investors

U.S. investors should take a more nuanced view of the Middle East, and explore opportunities in growth sectors such as healthcare, Hoda Abou-Jamra, Founding Partner at TVM Capital Healthcare Partners told a conference of high profile women investors in New York this week...

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Careem to Expand with $50mn Abraaj Funding

Careem, a locally founded app-based car service in MENA, has announced an investment of $60 million with Dubai-based Abraaj Group, which will be used to accelerate market expansion in its core markets in MENA and South Asia...

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Gama Aviation Touts Sharjah FBO

Gama Aviation (Chalet B16) is promoting its FBO at Sharjah Airport, just north of Dubai. The location is very convenient for those users who are doing business in Dubai downtown, Martin Ringrose, managing director for Gama Aviation in the Middle East, told AIN...

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GAMA AVIATION PREDICTS SIGNIFICANT INCREASE IN AERO MEDICAL EVACUATION SERVICES IN THE UAE

Gama Aviation plc, the global aviation services company with a base at Sharjah Airport, is predicting a big increase in aero-medical flights to and from the UAE over the next few years. It believes this will be fuelled by economic growth...

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The Abraaj Group Creates Largest Private Oncology and Imaging Diagnostics Network in Morocco

The Abraaj Group, a leading investor operating in global growth markets, today announced the acquisition, through its second generation North Africa Fund, of a majority stake in Centre de Traitement Al Kindy ('Al Kindy'), Casablanca's...

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RAK Ceramics Q3 net Profit Up 43% on Core Businesses

RAK Ceramics, a global hi-tech manufacturer of lifestyle ceramics solutions, announced its third quarter results ended September 30, 2015, on Tuesday by posting 43 per cent increase at Dh82.1 million against Dh57.4 million...

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Sharjah Operators Scoop Aviation Awards

Sharjah-headquartered regional budget carrier Air Arabia and business aviation services operator, Gama Aviation Sharjah, were honoured at the recent Aviation Business Awards (ABA). Organised by magazine publisher ITP Ltd, the annual Aviation Business...

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Gama Aviation Opens Unique New Base for NHS Scotland

Gama Aviation, the global aviation services company, has opened a new purpose built base at Glasgow airport to support its contract with the Scottish Ambulance Service (SAS). The base will house Scotland’s national specialist transport...

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Gama Aviation Teams up with Art de Vivre to Create Exclusive Ski Chalet Collection for 2015/16 Season

Gama Aviation has teamed up with Art de Vivre to create a selection of exclusive chalets for this winter's Alpine ski season. The chalets, costing anything between £50,000-100,000+ per week, offer a unique ski experience with a butler, sommelier, chauffeur and ski guide as bespoke...

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EASA Approved Gama Aviation Landing Trainings for 7 Types of Aircraft

Gama Aviation announced Civil Aviation Authority (CAA) Approved Training Organisation (ATO) approval to conduct the landing training required for the issue of aircraft type ratings. This enables Gama to carry out training programmes under the new interpretation of...

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UAE’s Abraaj Partners with Aditya Birla Group to Invest in India’s Solar Power

United Arab Emirates-based private equity firm The Abraaj Group announced that it is partnering with India-based conglomerate Aditya Birla Group to form a platform to invest in India’s solar power sector. Abraaj said that it will invest...

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Abraaj Group raises $191m through Mexican CKD

Dubai-based global investor Abraaj Group today announced that it has closed on the issuance of MX$3.2 billion, equivalent to $191 million, of Mexican publicly traded certificates, known as Certificados de Capital de Desarrollo or Certificates of Development Capital (CKD)...

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Abraaj Group Partners with Egyptian Education Provider

Emerging markets investor, Abraaj Group, partnered with Egyptian education provider Tiba group, marking Abraaj's second investment deal in the North African country's education sector. The agreement is the latest in a hype of investment deals, mergers and acquisitions in the Egyptian market...

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Gama Aviation Reports Strong Growth – Growing Focus in the United States

Gama Aviation, one of the world’s largest business aviation service providers, and with a growing presence in the Middle East, has announced its first interim results for the six months to 30 June 2015, following the completion of the reverse takeover of Hangar8 plc on 5 January 2015...

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