In brief

July 2017

Deliveroo set to expand

Deliveroo, a leading food delivery company in the region, is set to launch five new delivery service zones at Khalifa City in Abu Dhabi, UAE, as part of its regional expansion plans. This includes a fresh set of partner restaurants, providing Deliveroo’s Abu Dhabi customers with a wide range of new options across a variety of cuisines, said a statement from the company.



GIB wins retail banking licence

Gulf International Bank (GIB), a leading bank in the Middle East region, said it has been granted a conventional retail banking licence by the Central Bank of Bahrain. Bahrain-based GIB is owned by the governments of the six GCC countries, with Saudi Arabia’s Public Investment Fund being the principal shareholder of 97.2 per cent. In addition to the GCC operations, it has branches in the US and the UK. The licence is an important milestone for GIB as it will help boost the bank’s presence in the kingdom and pave the way for further expansion across the GCC, said a statement from the bank.



ADP unit launches e-payment

Maqta Gateway, a subsidiary of Abu Dhabi Ports, and the developer and operator of Maqta Port Community System (MPCS), has launched new innovative solutions covering online payment and licensing services. Captain Mohamed Juma Al Shamisi, the CEO of Abu Dhabi Ports, lauding all stakeholders for their support, stated that their contributions in terms of continuous feedback and suggestions was instrumental in the rapid adoption of the Maqta PCS online system to add new innovative and useful services to their digital roster.”



Emerson in deal with Aramco

Emerson, a global technology and engineering company, said it has signed an agreement with Saudi Aramco to collaborate on digital transformation of the global oil giant’s operations in the kingdom. The memorandum of understanding (MoU) was inked by David Farr, Emerson’s chairman and chief executive officer and Amin Nasser, Saudi Aramco’s president and CEO, during the recently held Saudi-US CEO Forum in Riyadh.

It will help bring advanced digitisation and automation technologies to one of the leading energy and chemicals companies.

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