News Desk AMMAN: S&P has announced on 8 May that it has raised its long-term issuer credit rating on Hikma Pharmaceuticals PLC (Hikma, Company) and its $500 million notes outstanding due July 9, 2025, issued out of Hikma Finance USA LLC, to ‘BBB’ from ‘BBB-‘ with a stable outlook. S&P said its rating action reflects Hikma’s good business momentum and …

By Rafiq Vayani ABU DHABI: Adding yet another feather to its cap, the Ministry of Finance has clinched three Excellence in Procurement & Supply Awards 2025 from the Chartered Institute of Purchasing and Supply (CIPS). The awards were in recognition of the Ministry’s leading practices in procurement and supply chain management within the government’s digital procurement system. The achievement has …

News Desk DUBAI: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inspected the state-of-the-art 132/11 kV digital substation (Nad Hessa), which has been designed to meet the growing demand for energy while setting new standards in digital optimisation and sustainability. The substation utilises advanced technologies in control systems, digital communications, cyber security …

ABU DHABI: As part of its continued efforts to strengthen institutional partnerships and promote a culture of human rights across the United Arab Emirates, the National Human Rights Institution (NHRI) conducted an introductory visit to the Umm Al Quwain Police General Headquarters. His Excellency Major General Sheikh Rashid bin Ahmed Al Mualla, Commander-in-Chief of Umm Al Quwain Police, received the …

News Desk DUBAI: Mina Al-Oraibi, Editor-in-Chief of The National, an IMI company and the leading English-language news outlet from the Middle East, has been awarded the Excellence in Media Award at the Annual May Chidiac Foundation Media Awards held last night in Dubai. Throughout her distinguished career, Mina has and continues to play a pivotal role in elevating news coverage regionally and …

DUBAI, United Arab Emirates: In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize access to precious metals, O …

DOHA: This May, Jamavar Doha, the Michelin-starred jewel of Indian fine dining in Qatar, invites guests to embark on a culinary journey across India with its limited-time Alphonso Mango Feasting Menu. Created as an ode to the beloved king of fruits, this seasonal feast brings together the bold flavours, heritage, and artistry of regional Indian cuisines. Curated by Culinary Director …

By Rafiq Vayani DUBAI: Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, today announced the acquisition of the real estate of Hartland International School (“HIS”) in Dubai from NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments Limited (“JHEMPIL”), valuing the school property at US$100 million. This acquisition marks Rava …

AREZZO, Italy: The 44th edition of Oroarezzo opens tomorrow, Saturday 10. The Italian Exhibition Group event, held at Arezzo Fiere e Congressi, Arezzo – Italy, will host and showcase the best of made-in-Italy gold and jewelry production until Tuesday, May 13. THE OPENING CEREMONYThe opening ceremony of Oroarezzo 2025 will begin at 11:30 am in the Auditorium with institutional greetings from Maurizio Ermeti, president of Italian Exhibition Group, Alessandro …

By Kamran Hashim KARACHI: Biz Today International successfully hosted the ‘Lifestyle Awards powered by Mehak Jewellers on Thursday, 8th May 2025 at Governor Hall, Karachi Marriott. This Lifestyle Award aims to celebrate the excellence of individuals and corporates across the lifestyle industry. Biz Today Internationals Lifestyle Awards was widely attended by business-leaders, entrepreneurs, professionals and socialites who excel in their …