The company has secured Dh300 million credit line from A Class Banks.
Business4 days ago
Edge, the region’s leading advanced technology group, and one of the top 25 in the world, has announced the appointment of Saif Ali Al Dahbashi to the position of chief executive officer at its entity Al Taif, the leading UAE in-country provider of lifecycle support for military land platforms and systems through maintenance, repair and overhaul, supply chain management, technical training and engineering services. Al Taif is part of the land division within Edge Group’s platforms and systems cluster.
Mansour AlMulla, managing director and CEO of EDGE Group, said: “The appointment of Saif as CEO of AL Taif will see him use his considerable industry experience and leadership skills to successfully steer the business operations of Al Taif , and to deliver growth in line with its overall vision and objectives. A major pillar of this strategy is the continued support and development of the UAE’s sovereign capabilities as it looks to become a global hub of advanced technologies and defence related services. We wish him every success.”
Previously Al Taif ’s COO, Al Dahbashi brings to his new role 17 years of experience in shaping and implementing large-scale transformational programmes across major commercial organisations, including major UAE based companies such as Strata Manufacturing and Mubadala Investment Company. — business@khaleejtimes.com
The company has secured Dh300 million credit line from A Class Banks.
Business4 days ago
Smart technology and bespoke interiors made the 5-bedroom garden home a rare option in the market
Business4 days ago
Taqa, one of the largest listed integrated utilities in the region, saw its group revenues rise 20 per cent to Dh12.4 billion compared to the prior-year period, primarily due to higher commodity prices within the oil & gas segment.
Business4 days ago
Ta’ziz will provide new opportunities for local manufacturers, supporting growth of their knowledge and capabilities, catalysing local industrial development.
Business4 days ago
First quarter profit of Dh6 million post accelerated write-down of intangible assets of Dh31 million
Business4 days ago
The Abu Dhabi-listed company posts a strong set of results in Q1 2022 despite the ongoing economic challenges weighing in namely on input prices, energy costs and supply chain
Business4 days ago
The DFM-listed company said that total assets remained stable at Dh22 billion while total equity increased to Dh12.5 billion from Dh12.2 billion during the same period in 2021
Business4 days ago