Browsing: growth

The Board of Directors at United Arab Bank (UAB) has unanimously chosen Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as the new Chairman, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who led the Board for almost fifty years. This selection underscores the bank’s and its shareholders’ commitment to innovation and growth amid ongoing developments in the banking industry, marking a new era of success.

Trade between the UK and Kuwait has surpassed $86B in the past decade, according to official figures. The UK and Kuwait have robust economic and trade relations, evidenced by their trade exchange between 2013 and 2022 totaling AED 317B ($86B).

Popular UAE supermarket chain Choithrams is set for a significant expansion, announcing plans to open new stores in the UAE, Bahrain, and Qatar, along with the introduction of online shopping services in Bahrain and Qatar. In celebration of its 50 years in the UAE, Choithrams has formed a partnership with Sainsbury’s to retail the UK major’s products in the three Gulf countries.