Latest Threads on News from companies

Drake and Scull International PJSC (DSI), a company specializing in mechanical, electrical, and plumbing (MEP) contracting services, as well as oil and gas and water treatment projects, has appointed Muin Al Saleh as the new Chief Executive Officer. With over 25 years of experience in engineering, construction, and infrastructure, Mr. Al Saleh is expected to drive operational growth, enhance client satisfaction, and optimize cost management. His leadership aims to strengthen DSI's project delivery capabilities and market position. Mr. Al Saleh expressed his enthusiasm for leading DSI and working with the team to advance projects and achieve company goals. The Board of Directors is confident in his ability to elevate DSI's presence in regional markets.

A new contract series for Micro DME Oman Crude Oil Futures, specifically the January 2026 contract, will be available for trading starting November 25, 2024. The contract, identified by the symbol OMOILF26 and the contract ID OIL211125001, will be listed until November 21, 2025. Further details can be found on the Dubai Financial Market website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

RAK Properties, a leading property developer in Ras Al Khaimah, has partnered with A.R.M Holding and HIVE to create a new coliving and coworking development in Mina Al Arab. This initiative aims to meet the needs of young professionals and entrepreneurs by offering innovative living and working spaces. The development will feature a 117-unit HIVE building and a 116-unit residential building for purchase, along with retail and coworking spaces. This project highlights RAK Properties' strategy to enhance the emirate's appeal as a vibrant and balanced lifestyle destination.