Latest News for: Aden business


Houthis slammed after abducting Yemeni oil tycoon on Sanaa street

Arab News 16 Mar 2023
Al-Masdar Online, a Yemeni news outlet, reported that the Houthis abducted Al-Hutheily after his company, which operates oil fields in Shabwa province, moved crude oil from Shabwa to an electricity plant in Aden, in violation of previous Houthi warnings to local and international firms not to do business with the Yemeni government.

Saudi Arabia’s Ma’aden gets captive license from DIFC to manage its risk in-house 

Arab News 07 Mar 2023
The move will allow Ma’aden to create its insurance firm to guard against unique business risks while managing difficult-to-insure risk exposures and filling any gaps in its risk management program ... The center’s strategic location, modern business environment, and world-class ...

Dubai’s DIFC grants captive licence to Saudi Arabian mining company Ma’aden

Gulf News 07 Mar 2023
By forming its own insurance company to protect against its unique business risks, Ma’aden can manage difficult-to-insure risk exposures, cover gaps in its risk management programme and capture profitable premiums that would otherwise be paid to commercial insurers.

Flydubai expands its network in Africa to 11 destinations

Khaleejtimes 14 Feb 2023
Flydubai on Tuesday announced the launch of a daily service to Mogadishu Aden Adde International Airport (MGQ) from March 9, 2023 ... Flights will operate daily between Terminal 2, Dubai International (DXB) and Mogadishu Aden Adde International Airport (MGQ) ... meets the Gulf of Aden.

Dubai: Flydubai announces launch of new flights to African destination

Khaleejtimes 14 Feb 2023
flydubai, the Dubai-based airline, announced today the launch of a daily service to Mogadishu Aden Adde International Airport (MGQ) from March 9, 2023 ... This route will be operated by our fleet of Boeing 737 MAX aircraft, offering customers the comfort of our Business Class cabin or a more customised experience in Economy Class.

Saudi Arabia’s Ma’aden forms JV with PIF to invest and expand mining exploration  

Arab News 11 Jan 2023
The new company’s initial paid-up capital will amount to SR187.5 million ($50 million), of which Ma’aden will finance SR96 million as its share of the investment. Ma’aden and PIF agreed to contribute additional funding of up to SR11.95 billion if required by way of capital increases or otherwise as the business of the new company develops.

Saudi Comedat plans to double its capacity amid strong growth in mining sector 

Arab News 11 Jan 2023
Now, we work around 2.5 million cubic meters per month of operations for Ma’aden. Hopefully, we will double that as Ma’aden and the entire mining business are growing,” Alqahtani told Arab News ... “We have been working with Ma’aden for 15 years. We are aiming to develop the business ...

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

Mining Dot Com 11 Jan 2023
As part of the exploration deal, Ma’aden will invest $126.4 million in Ivanhoe Electric equity, which grants the Gulf’s largest miner a 9.9% in Ivanhoe Electric, which owns properties in Arizona, Utah and Montana, along with a battery storage business ... Separately, Ma’aden inked a new JV deal with Canada’s Barrick Gold (TSX.

Tommy Hilfiger Fashion Frontier Challenge Announces Fourth Edition Finalists Ahead of Final Event

The Galveston Daily News 04 Jan 2023
Tommy Hilfiger, Principal DesignerMartijn Hagman, CEO, Tommy Hilfiger Global and PVH EuropeHalima Aden, Former Model and ActivistEsther Verburg, EVP, Sustainable Business and Innovation, Tommy Hilfiger Global and PVH EuropeAdrian Johnson, Media Entrepreneur, Adjunct Professor of ...

We are taking away a bit of Pakistan within us, says Somali delegation

Urdu Point 28 Dec 2022
His Excellency, Mr ... Talking about the lessons learned, the Honorable Mr ... H.E. Mr ... He said ... Ahmed Osman Aden, Deputy Minister of Interior Galmudug State, said that there is great potential for Pakistan to develop business-to-business relationships with Somalia since we are interested in textile and clothing and also in rice imports from Pakistan. Ms ... H.E.

Timing of Franco Harris' arrival in Pittsburgh was 'Immaculate', but he's left us too soon

Sportingnews 21 Dec 2022
He returned to Pittsburgh and became an entrepreneur, involved in various businesses and charities, as well as a frequent, enthusiastic presence at Steelers games ... In 2020, when he was launching one of his businesses, a sports hydration drink known as AdeNation, I was offered the opportunity to speak with him about various NFL and Steelers subjects.

People: Ripe Thinking; Total Processing; Slater Heelis; CBRE; Leo Group; Griffiths and Armour

The Business Desk 14 Dec 2022
He brings with him a wealth of experience within seed, series-A and series-B-funded technology businesses, selling enterprise-level SaaS platforms and financial services. Prior to TP, Simon was the chief revenue officer at Yordex, a pre-series-A spend management business, accountable for a 4x increase in revenue ... Aden Davies said.

Q&A: Dance-pop duo LaLonde reminisce on sibling bond and music influences

Washington Square News 05 Dec 2022
LaLonde is an Orange County, California-based brother duo consisting of Aden and Deven LaLonde under the artist management company Eterna Music Group. Aden is a junior in the University of Miami’s music business program, and Deven is a sophomore in Belmont University’s music technology program.

Casey Drug carries on family legacy

Hibbing Daily Tribune 26 Nov 2022
In April, Tim’s children, Alida and Aden, the fifth generation of family pharmacists took over the business that dates back to 1905. The business was started with Edmond Casey as Casey and Hayes and has continued with Roy, Roger, Tim and now Alida and Aden ... Alida and Aden agree ...

Omani mediators fail to convince Houthis to renew truce

Arab News 19 Nov 2022
AL-MUKALLA ... “Even the Omanis were unable to make a breakthrough ... BACKGROUND ... The Yemeni government also adopted strong economic measures, including shifting large corporations’ headquarters to Aden, urging foreign shipping firms to avoid doing business with Houthi-controlled ports, and blacklisting traders who do business with the Houthis ... ....

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