A group of senior secured creditors has committed to provide 300 million euros of interim liquidity to support operations through the completion of the restructuring. The agreement ‘in principle’ on a comprehensive restructuring includes significant deleveraging and a new 500 million euros long ...
The Business 20 (B20), the official voice of the global business community across G20 members, and Business at OECD today launched a joint conceptual policy proposal that focuses on reducing barriers that firms in general and SMEs in particular encounter in their quest to participate in Global...
Snap launched its first brand-facing marketing campaign under the name of ‘Meet the Snapchat Generation’, targeting marketers and advertisers across the region. Celebrating the unique and special Snapchat community, the campaign spotlights the region’s Snapchatters with data around how their...
The Abu Dhabi Department of Economic Development (ADDED) has announced its new ‘Maak’ consulting service created to help investors operate their businesses in the emirate more efficiently. Under ‘Maak,’ ADDED aims to provide pertinent economic and legal consultations to company owners, as...
Delivery Hero SE, the world’s leading local delivery platform, has partnered with Mastercard to fully digitize its payment chain within its ecosystem across all their brands in the Middle East and North Africa (MENA). By enabling secure digital payments,...
Intigral, a leading digital entertainment provider, and OSN have launched a new promotion offering one-month complimentary access to Jawwy TV Home subscribers that sign up to OSN’s premium packages. The offer includes both OSN Ultimate Movies and OSN Ultimate Entertainment, where users can...
Ithra Dubai, wholly owned by the Investment Corporation of Dubai, announces the launch of Plot 3 of Phase 1 of the Deira Enrichment Project (DEP.) Known as “Sherina Plaza,” Plot 3 has entered the close-out and handover phase, leading the way before Plots 1, 2, 11 and 12 soon to be...
Instinctif Partners has been appointed by KSA-based philanthropy giant, Alwaleed Philanthropies, which delivers vital humanitarian projects both regionally and internationally. To date, Alwaleed Philanthropies has delivered over 1,000 projects in nearly 200 countries. Instinctif Partners will...
Alstom has continued to reaffirm its commitment to supporting local communities through various CSR initiatives – ensuring its corporate social responsibility (CSR) efforts are deeply rooted in its strategy. As a socially responsible company, the global leader in rail transport and sustainable...
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef on Monday said the ministry is taking all measures to boost the industrial and mining sector by introducing investor-friendly regulations and ensuring transparency in procedures.He said the launch of the “Made in Saudi Arabia”...