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Emirates joins hands with Dubai Department of Economy and Tourism and Association of South African Travel Agents

By editor
September 13, 2023 UTC
in :  Business & Finance, News, Travel

Emirates, the Dubai Department of Economy and Tourism (DET) and Association of South African Travel Agents (ASATA) have launched online training courses for new travel professionals to help them develop and build stronger skillsets, as well as enhance understanding around the industry’s key principles to support the wider travel and tourism sector. Using the Dubai Department of Economy and Tourism’s …

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Careem upgrades travel experience for KAFD residents and visitors

By editor
September 13, 2023 UTC
in :  Business & Finance, News, Travel

RIYADH: Careem, the region’s leading multi-service platform, partners with King Abdullah Financial District Development & Management Company (KAFD DMC), to upgrade and streamline the travel experience for residents and visitors of KAFD, the country’s prime business and lifestyle hub. The agreement was signed on September 12 at a ceremony hosted at Cityscape Global Riyadh. Set in the heart of the Saudi capital …

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Investcorp sells its stake in leading luggage brand, Safari Industries

By editor
September 13, 2023 UTC
in :  Business & Finance, News

MANAMA/DUBAI: Investcorp, a leading global alternative investment firm, announced the successful exit of its investment in the publicly listed Safari Industries (“Safari” or the “Company”), one of the largest luggage brands in India. Investcorp invested in Safari in February 2021. During Investcorp’s ownership period, Safari Industries successfully increased its production capacity and expanded its physical stores footprint in new and …

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Emirates Development Bank unveils series of forums to foster collaboration, support national economic growth

By editor
September 13, 2023 UTC
in :  Business & Finance, News

ABU DHABI/DUBAI: Emirates Development Bank (“EDB” or “the Bank”), in collaboration with Make it in the Emirates initiative by the Ministry of Industry and Advanced Technology (MoIAT), today hosted EDB Connect – Dubai edition, the first in a new series of forums aiming to foster collaboration between government entities and private sector companies to drive UAE’s national economic growth and …

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DIAC to Host 22nd International Congress for Maritime Arbitrators

By editor
September 12, 2023 UTC
in :  Business & Finance, News

The Dubai International Arbitration Centre (DIAC) proudly unveiled its role as host for the prestigious 22nd International Congress for Maritime Arbitrators (ICMA XXII) from 5th to 10th November 2023, marking a momentous first for the Middle East. Since its inception in 1972, ICMA has served as a central platform for maritime arbitrators and global shipping sector leaders. Dubai’s selection as …

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Polani’s Welcomes Consul General of Thailand

By editor
September 12, 2023 UTC
in :  Business & Finance, News, Travel

KARACHI: Polani’s Privat Limited had the distinct privilege of hosting a warm Welcome Event in honor of the Consul General of Thailand, H.E. Mr. Narut Soontarodom. It was an evening filled with cultural exchanges, delightful cuisine, and meaningful conversations, strengthening the bonds between our nations. Mr. Yahya Polani and Mr. Safran Polani extend heartfelt gratitude to H.E. Mr. Narut Soontarodom …

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Agthia Group Shareholders Approve AED 65.31 Million Interim Dividend for H1’23

By editor
September 12, 2023 UTC
in :  Business & Finance, News

ABU DHABI: Agthia Group PJSC (AGTHIA:UH), one of the region’s leading food and beverage companies, held its General Assembly Meeting virtually today. During the meeting, shareholders approved the Board’s proposed interim cash dividend of 8.25 fils per share (AED 65.31 million) for the 6 months ending 30th June 2023. Khalifa Sultan Al Suwaidi, Chairman of Agthia Group, commented: “Our interim dividend reflects …

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World Forum to Mobilize Investments for Climate, Energy, Health and Food

By editor
September 12, 2023 UTC
in :  Business & Finance, News

The UN Conference on Trade and Development (UNCTAD) will hold the World Investment Forum 2023 to rally investments for climate action, clean energy, health care, food security and other development needs. Heads of state, more than 50 government ministers, over 150 CEOs of leading companies and stock exchanges, and thousands of investment stakeholders – from sovereign wealth fund managers and …

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SAUDIA becomes first airline to operate to and from Red Sea International airport

By editor
September 12, 2023 UTC
in :  Business & Finance, News, Travel, World

By Rafiq Vayani RIYADH: Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has today signed a memorandum of understanding with Saudi Arabian Airlines (SAUDIA) and daa International, the operator of Red Sea International (RSI) airport, that will see SAUDIA become the first airline to operate in and out of …

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Salman’s Foods hosts live cooking competition at Binai Education Foundation

By editor
September 12, 2023 UTC
in :  News

A lively cooking competition took place at Binae, organized by Salman Foods. Chef Sarah Farhan and Mr. Serfaraz Ahmed, the Country Head of Salman Foods, served as judges. Among the distinguished guests were Imtiaz Shaikh, Muhammad Faisal Maqsood, Uzma Ansari, and Salman Elahi. The competition featured three teams: Team A prepared delicious chicken and egg sandwiches, earning them 3rd place. …

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Samana Developers Achieves Record AED 1.1 billion Sales in June, Securing 5th Rank in H1 Off-Plan Sales

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