Business

Iraq Stock Exchange’s trading volume grew by 227% in January

Middle East News 247 16/02/2023

Baghdad, Iraq — In January 2023, Rabee Securities Iraq Stock Exchange Index increased by 5.0% due to the increase in share prices of all companies in the index except Baghdad Soft Drinks (-6.7%), which has the largest weight in the index. Al-Mansour Pharmaceutical Industries had the highest

Business

Montfort and the Private Office of Sheikh Ahmed Dalmook Al Maktoum

News Desk 16/02/2023

16 February 2023: Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have agreed to jointly acquire Uniper’s United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC). The parties agreed to not disclose the agreed purchase price, and the acquisition is expected to be […]

Hospitality

FORM Hotel promotes responsible hospitality with its sustainable vision and practices

News Desk 16/02/2023

Dubai, UAE, February 2023 – After successfully meeting the sustainable requirements of DTCM, FORM Hotel, a member of Design Hotels and Marriott Bonvoy located in the prestigious Al Jaddaf neighborhood, is officially certified for Sustainable Tourism by the Government of Dubai and aims to promote responsible hospitality with its sustainable vision and ethical practices. The

Hospitality Real Estate

Dar Global awards the main works of W Residences

News Desk 16/02/2023

Dubai, UAE- 16th February 2023: DarGlobal, the luxury real estate developer, is set to begin main works on the highly anticipated W Residences and has awarded the W-Residences project construction to China State Construction Engineering Corporation -Middle East (CSCEC ME). CSCEC ME is the world’s largest transnational multidisciplinary conglomerate in civil &

Hospitality

Mazagan Beach & Golf Resort introduces comprehensive ‘Women’s Leadership Program’

News Desk 16/02/2023

Al Jadida, Morocco, 16 February 2023: Committed to establishing and developing equity in leadership, Mazagan Beach & Golf Resort launched a comprehensive training program titled Mazagan Leadership au Féminin (Mazagan Women’s Leadership). The aim of the training is to promote the leadership and practical skills for female employees in various departments and

Business GCC UAE

UAE and Romania to support investment exchanges

News Desk 16/02/2023

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”.

Middle East News 247 16/02/2023

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

Tech

The International Institute of Information Technology – Hyderabad Shares Digital Innovations

News Desk 16/02/2023

Dubai, United Arab Emirates, February 2023 – The International Institute of Information Technology – Hyderabad (IIIT Hyderabad) collaborates with leading technology organizations to innovate new solutions that benefit nonprofits in education, healthcare, and other sectors serving the public. Recently, IIIT Hyderabad began using Choreo, a software as a service (SaaS)

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

Middle East News 247 16/02/2023

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 […]

Food & Beverage

Top three must-try bowls of ramen at YUi

News Desk 16/02/2023

DUBAI, UAE, FEBRUARY 16, 2023 – For Dubai diners on the lookout for a quality bowl of authentic Japanese ramen, look no further than YUi Ramen House in D3, where ramen noodles are made fresh in-house daily using Japanese flour and signature broths are created using 100% halal, local chicken simmered for 10 hours per […]

Entertainment Lifestyle

STARZPLAY Original KABOOS becomes number 1 show

News Desk 16/02/2023

Dubai, UAE; February 16, 2023: Kaboos, the STARZPLAY original horror series produced in partnership with Image Nation Abu Dhabi, has broken viewership records for the streaming platform within 48 hours of the first two episodes premiering. Since its release, Kaboos has uplifted acquisitions to STARZPLAY, with many new users watching Kaboos immediately upon

Business GCC Saudi Arabia

Atkins secures Delivery Partner role for THE LINE, NEOM’s flagship urban development in Saudi Arabia

Middle East News 247 16/02/2023

Riyadh, Saudi Arabia — Atkins, a member of the SNC-Lavalin Group, has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi Arabia. A civilizational revolution that will have no roads, cars or carbon emissions, THE LINE is set to provide an unprecedented urban living experience. A linear […]

Business GCC Saudi Arabia

SAUDIA CARGO AWARDS MULTI-STATION CONTRACT TO WORLDWIDE FLIGHT SERVICES

News Desk 15/02/2023

Jeddah, Saudi Arabia: Saudia Cargo has officially awarded a landmark multi-station contract to Worldwide Flight Service (WFS), which significantly extends cargo handling services across major key airport gateways in Europe and the United States of America. The contract was formally signed by Teddy Zebitz, CEO of Saudi Cargo, and John Batten Executive Vice President of […]

Business

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

Middle East News 247 15/02/2023

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

Hospitality GCC UAE

Don’t miss the NXT Friday party at Cove Beach Dubai

News Desk 15/02/2023

Level up your weekends at the hottest day to night destination, Cove Beach Dubai. Spend the day at the most happening beach club and indulge in brunch every Friday with an exciting old school Hip Hop and RNB-themed party titled ‘NXT Friday’. Experience the best vibes and groove to a pumping soundtrack featuring a spectacular […]

Business

Smeralda Holding Partners With LVMH Hospitality for Romazzino & Pitrizza Hotels

Middle East News 247 15/02/2023

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

Business

DISCOVER THE FUTURE OF SUSTAINABLE HOME LIVING WITH LG SMART HOME TECHNOLOGY

Middle East News 247 15/02/2023

DUBAI, United Arab Emirates — As the world becomes increasingly focused on sustainability and environmental responsibility, people are placing higher value on environmentally friendly solutions when it comes to their daily routines. To support people in their efforts to make greener choices and lead a more sustainable lifestyle, LG presents the opportunity to transform

Business GCC UAE

Abu Dhabi Fund for Development and IFC sign a Cooperation Framework to finance sustainable private sector projects

Middle East News 247 15/02/2023

Abu Dhabi, United Arab Emirates — Abu Dhabi Fund for Development (ADFD) and the International Finance Corporation (IFC), a member of the World Bank Group, signed a Memorandum of Cooperation during the World Government Summit to support investments in emerging markets related to the clean energy transition, climate mitigation and adaptation, the adoption of clean […]

Tech

Raytheon Technologies to highlight advanced defense solutions

News Desk 15/02/2023

Abu Dhabi, 15 February 2023 – Raytheon Technologies, the world’s largest aerospace and defense company, is set to showcase its latest capabilities at the UAE’s premier International Defense Exhibition and Conference (IDEX) from 20-24 February 2023 taking place at the Abu Dhabi National Exhibition Centre (ADNEC). Under the theme of “Smarter Defense Systems”, Raytheon

Travel Lifestyle NEWS DESK

Travel is changing: will you be an Excited Experientialist or a Travel Tech-fluencer in 2033?

News Desk 15/02/2023

As an estimated 474 million tourists traveled internationally between January and July 2022 compared to 175 million in 2021, international tourism continues to bounce back. But how will we travel in 2033? A global research study – Traveler Tribes 2033 – the third in a series that launched in 2007, identifies four Traveler Tribes that […]