Gulf Capital acquires Eclat Health and Hansei Solutions
Gulf Capital announced that it has completed two strategic acquisitions in US healthtech companies for a total transaction value of $60m.
UAE
Dar Group appoints Catherine Tobiasinsky as CGO
Catherine Tobiasinsky held a variety of senior management roles at Arcadis, the global design and consultancy firm, where she worked for over 13 years.
Adnoc Gas Pipeline Assets Company formed
Abu Dhabi has formed Adnoc Gas Pipeline Assets Company with a consortium of six global investors to lease the rights to 38 pipelines.
Virgin Mobile names Rob Beswick as MD for UAE
Virgin Mobile UAE has announced the appointment of Rob Beswick as the new Managing Director, replacing Karim Benkirane, who moves to ‘du’.
Etihad Credit Insurance elects a new board
Etihad Credit Insurance, the UAE’s federal export credit agency, has elected a new board headed by Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai.
Saudi-UAE consortium to build desalination plant in Umm Al Quwain
Acwa Power, FEWA and Mubadala Investment have entered into a water purchase agreement for a 150m imperial gallon p/d desalination plant in Umm Al Quwain.
Omar Qirem returns to Edelman Middle East as CEO
International marketing and communications firm Edelman announced that Omar Qirem will join the firm as CEO of its Middle East unit.
Adnoc, Saudi Aramco sign deal to invest in India’s refinery plant
Adnoc, Saudi Aramco will jointly invest in the $44 billion Ratnagiri refinery and petrochemical complex that is coming up in the Western Indian state of Maharashtra.
Gulf Craft appoints Gregory Yeakle as CEO
Ajman-based Gulf Craft, one of the world’s largest luxury ship builders, has appointed Gregory Yeakle to be their new Chief Executive Officer.