The Abraaj Group (“Abraaj” or the “Group”), a leading investor operating in growth markets with c. US$10 billion in assets under management, today announced that it has entered into a definitive agreement to purchase a majority stake in Jhimpir Power Limited (JPL) Holdings...
Rixos The Palm Dubai, the first Turkish inspired multi-concept resort in the UAE, is also one of the most popular holiday destinations in Dubai. The Hotel Manager of Rixos The Palm Dubai, Mr. Cenk Unverdi confirms that the hotel recorded a remarkable increase in occupancy rates within the...
Panasonic received the Emirates Quality Mark for its wiring devices, demonstrating the company’s commitment to product excellence and customer safety.
Panasonic Homes & Living offers a broad spectrum of Switches & Sockets, LED Lightings, Switchgears, Solar Panels, Energy Recovery...
Deputy Crown Prince Mohammed bin Salman met with the CEO of Third Point LLC, Daniel S. Loeb, in Riyadh on Tuesday to discuss areas of cooperation and investment opportunities in the Kingdom and around the world, the Saudi Press Agency said.
The discussions are in line with Saudi Arabia’s...
Dubai International cemented its title as the world›s busiest airport for international passengers in 2016, with a 7.2 percent increase in traveller numbers to 83.6 million, its operator said Tuesday.
Dubai Airports said “near record numbers” in December had pushed annual...
Barclays announced today the appointment of three new senior bankers in its Wealth and Investment Management division for Middle East and North Africa (MENA). Antoine Roger Chemali and David Stephan both join Barclays Wealth and Investment Management division as directors, while Owen Dayson joins...
Custodian of the Two Holy Mosques King Salman will commission on Wednesday F15-SA fighter aircraft during the inauguration of King Faisal Air Academy’s 50th anniversary marking its foundation.
The F15-SA jets, also known as ‘Eagle Fighters,’ will join a growing Saudi Royal Air...
Huawei was ranked as the world’s eighth-largest company in terms of research and development spending in 2016, according to EU Industrial R&D Investment Scoreboard, an annual ranking of the world’s top 2,500 R&D investors.[i] The global technology manufacturer’s...
The Etihad Aviation Group Board of Directors announced that James Hogan will step down as President and Chief Executive Officer of the company in the second half of 2017. The Board and Mr. Hogan first initiated the transition process last year with the formation in May of the Etihad Aviation Group, ...
The euro zone started 2017 by maintaining solid economic growth as a weaker currency boosted orders for goods and services, a survey showed, but rising political risks could soon take their toll.
Growth in Germany’s private sector slowed slightly in January but in France activity rose to...