Business - Middle East News 247
January 10, 2025
Home News Archive by category Business (Page 56)

Business

Get the latest Business news from the Middle East. Stay informed on market trends, investments, and economic developments in 60 characters.

Business

Telford Offshore Announces Completion of Sales Process and Acquisition by Merced Capital

DUBAI, United Arab Emirates — The Telford Offshore group (“Telford Offshore” or “the Company”) announced today that it has been acquired by entities affiliated with Merced Capital. The acquisition represents the completion of the previously announced competitive sales process (the “Sales Process”). Telford Offshore is now wholly owned by Merced Capital. As part of the […]
Business

Pentavirate Launches $100m Luxembourg Sukuk, Rated A-

Seattle, United States — Pentavirate, a Seattle-based global investment firm, announces the issuance of a 5-year U.S. dollar denominated Sukuk of $100 million, backed by U.S. commercial real estate. The investment has received an institutional rating of (A-) from EuroRating and is being reviewed by Amanie Advisors to secure the Islamic Fatwa. “Pentavirate’s debut
Business

Eshraq Investments reports annual profit

Abu Dhabi, UAE; 20 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), announced its audited financial results for the full year 2022. The Company reported a net profit of AED 589.79 million in 2022 as compared to a net profit of AED 38.43 million for 2021. Shareholder […]
Business

Top 5 AI Stocks 2023

Dubai, United Arab Emirates — Artificial intelligence (AI) has recently become a ground-breaking phenomenon, and is expected to excel amid rapid technology acceleration, giving rise to companies striving towards achieving digital supremacy. Here are 5 AI stocks which, according to Tradematics, are set to attract the spotlight: 1- Microsoft (NASDAQ: MSFT) Software giant
Business GCC UAE

First Lady Olena Zelenska, Billie Jean King And Jessica Alba Join Speaker Line Up For Forbes’ 30/50 Summit In Abu Dhabi

ABU DHABI — Forbes today has unveiled an expanded list of speakers for its second annual Forbes 30/50 Summit, which will gather generations of women from both the Forbes 30 Under 30 and 50 Over 50 franchise lists from March 7-10 during International Women’s Day. The event, which draws young super-achievers who innovate and the legends […]
Business

Netcracker Wins Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project

WALTHAM, Mass. — Netcracker Technology announced today that it has received Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project from Telecoms.com. The awards showcase innovation and excellence in the telecommunications industry. Netcracker Digital Platform, an open, modular, digital-native solution, won the BSS/OSS Transformation
Business GCC UAE

UAE and Romania to support investment exchanges

Abu Dhabi, 16 February 2023: H.E. Abdullah Bin Touq Al Marri, Minister of Economy, and Mircea Abrudean, Head of the Chancellery of the Romanian Prime Minister, held a meeting to explore trade and economic cooperation between the two countries in priority sectors, mainly investments. The meeting took place on the sidelines of the World Government […]
Business

The Aerospace African Forum brings together decision makers and major players in the aerospace industry to discuss “Sustainable Mobilities”.

Casablanca, Morocco — The Moroccan city of Casablanca hosted today the first edition of the Aerospace African Forum, the first major platform for decision-makers from Africa, of the world of aeronautics, defense, and sustainable mobility. Held under the theme “Sustainable Mobilities”, the reference event brings together key decision-makers and major players from all
Business GCC Saudi Arabia

Biban 2023: Saudi Arabia’s flagship SME forum returns to unite the world’s most innovative start-ups, entrepreneurs, and investors

Riyadh, Saudi Arabia — Biban, Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, is returning to the Riyadh Front Exhibition & Conference Center between March 9 and March 13, 2023. Organized by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, this year’s event welcomes its largest audience ever, with […]
Business

Uptime Institute Completes Acquisition of LEET Security S.L. to Deliver Comprehensive Cyber Security Rating System

NEW YORK — Uptime Institute,(“Uptime”) the Global Digital Infrastructure Authority, a Dominus Capital, L.P. portfolio company, announced today that it has completed its acquisition of LEET Security S.L.. LEET Security provides an independent cyber security risk evaluation methodology and rating system that has been designed to specifically identify, characterize, and rate
Business

Smeralda Holding Partners With LVMH Hospitality for Romazzino & Pitrizza Hotels

PORTO CERVO, Italy — Sardegna Resorts S.r.l., a Smeralda Holding Company wholly-owned by Qatar Investment Authority (“QIA”), has signed agreements with LVMH Hospitality Excellence, to manage two of the most renowned and exclusive hotels in Costa Smeralda. LVMH Hospitality Excellence belongs to the world’s leading luxury group LVMH Moët Hennessy -Louis Vuitton. The LVMH

About Us

Contact Us

Email: press@menews247.com

WhatsApp: +971 56 852 2508