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Press Dossier   By Date  14/03/2026
TAQA elects new board and chairman
United Arab Emirates: Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, on Friday announced that its shareholders have confirmed the composition of its new Board of Directors following the company’s Annual General Assembly.
Arab Energy Fund delivers record net income of $282.4m
Saudi Arabia: The Arab Energy Fund, a leading multilateral impact financial institution, achieved its fourth consecutive year of record net income in 2025, supported by sustained balance sheet growth, strong funding activity, disciplined cost management, and continued portfolio optimisation across business lines.
KEC secures key power project contracts in Saudi Arabia
Saudi Arabia: KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has announced that it secured new orders worth Rs14.8 billion ($161 million) for Transmission & Distribution projects in the Middle East, Africa and the Americas in addition to the home market India.
Dana Gas board recommends cash dividend of $105m for 2025
United Arab Emirates: Dana Gas, one of the Middle East’s largest regional private sector natural gas companies, has recommended a dividend payment of 5.5 fils ($1.5) per share for the full year 2025.
Bahrain visit visa holders exempted from overstay penalties
Bahrain: Bahrain's Nationality, Passports and Residence Affairs (NPRA) at the Ministry of Interior has announced exceptional measures regarding visit visas in light of the current circumstances due to the Iranian aggression which has resulted in the cancellation or suspension of several flights.
Saudi Arabia’s pop-up retail boom is just getting started
Saudi Arabia: Short-term retail concepts are gathering pace across Saudi Arabia’s consumer market, with over 1.5 million small and medium enterprises operating in the Kingdom.
Aramco’s 13% rally helps Saudi stocks post second weekly gain
Saudi Arabia: Saudi Aramco extended its year-to-date rally to nearly 13 percent on Thursday, helping the Kingdom’s benchmark stock index secure a second straight weekly gain despite a weaker final trading session.
Saudi POS spending climbs 11% to $4.3bn in early March as retail activity broadens
Saudi Arabia: Saudi Arabia’s total point-of-sale transactions rose 11 percent to SR16.1 billion ($4.3 billion) in the week ending March 7, with most sectors seeing positive weekly change.
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