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Business

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Corporate Business

Energy Capital Group completes MENAISCO acquisition

Saudi Arabia-based investment company Energy Capital Group (ECG) has announced the completion of the acquisition of MENA Industrial Services Company (MENAISCO), a technical and engineering services company headquartered in Saudi Arabia. With a track record of over 40 years of delivering engineering services in the oil and gas, power and water, and petrochemicals sectors in
Hospitality Business GCC Saudi Arabia UAE

Saudi Arabia and UAE account for 90% of hospitality investment in the Middle East

The Middle East is witnessing hospitality and residential projects worth $1.9 trillion being developed across the region, with Saudi Arabia, the UAE and Egypt accounting for 90% ($1.7 trillion) of the investment table, according to new findings released as the Future Hospitality Summit takes place in Abu Dhabi, UAE (September 25-27, 2023). A study by […]
Real Estate Business

DIFC’s first residential offering fully sold out at record pace

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has announced that its first residential offering ‘DIFC Living’ has entirely sold out at record pace, reaffirming the strong demand for residential property at the heart of DIFC, further elevating the destination’s lifestyle offering.
Sport Business

Solutions+ signs sponsorship agreement with Al Ain FC

Solutions+, a Mubadala company, has signed a sponsorship agreement with Al Ain Football Club. The official signing ceremony occurred in Sheikh Khalifa Stadium in Abu Dhabi City on September 21, 2023, marking a significant milestone for both organisations. Under the latest partnership, Al Ain Football Club grants Solutions+ exclusive branding rights, reinforcing the
Tech Business

Tenable recognised as a Leader in OT Security

Tenable, the Exposure Management company, has announced it has been named a ‘Leader’ in the GigaOm Radar for Operational Technology (OT) Security. GigaOm Radar reports provide forward-looking analysis that plots the relative value and progression of vendor solutions along multiple axes based on strategy and execution. GigaOm Analyst Chris Ray wrote: “Tenable OT Security is
Business

Vertiv unveils upgraded testing room at its Italy facility

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has unveiled an upgraded testing room at its thermal management centre near Tognana, Italy. This sizeable investment significantly increases the facility’s testing capacity and manufacturing capabilities in the existing space. It demonstrates Vertiv’s ongoing commitment to advancing
Business

Global Tobacco and Nicotine Forum takes place in Seoul

The Global Tobacco and Nicotine Forum (GTNF) took place in Seoul, South Korea, from September 1-1, 2023. ‘Change the Conversation. Change the Outcome’ was the theme of the conference, which brought together hundreds of stakeholders from across the industry, including businesses, research consulting groups, scientists, public policy and regulatory experts and
Business

Kenvue to announce third-quarter 2023 results

Kenvue, the world’s largest pure-play consumer health company by revenue, will announce its financial results for the third quarter ending October 1, 2023, before the market opens on October 26, 2023. The company will host a conference call and webcast at 8:30am Eastern Time to discuss its third-quarter results. The conference call can be accessed […]