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Mina Rashid welcomes MSC World Europa’s first ever call in the Middle East

By Rafiq Vayani
December 29, 2022 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: After serving as a floating hotel during the 2022 FIFA World Cup, the MSC World Europa, a futuristic, lower-carbon-fuelled cruise ship made its first call at Mina Rashid on the 21st of December 2022. The vessel began its new winter season with a 4-night sail from Doha to Dubai, reinforcing Mina Rashid and the Emirate’s position as the …

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Etihad Airways celebrates flying 10 millionth passenger in 2022

By editor
December 29, 2022 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Etihad Airways, the national carrier of the UAE, has celebrated the milestone of carrying 10 million passengers in 2022. The 10 millionth passenger and their family were surprised onboard flight EY205 from Mumbai to Abu Dhabi with a cake, complimentary roundtrip tickets, as well as Gold tier membership on Etihad Guest, aircraft models and a polaroid …

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Emirates International Investment Company invests in Mahaseel Masr

By editor
December 28, 2022 UTC
in :  Business & Finance, News

 Emirates International Investment Company (EIIC), the strategic investment arm of National Holding, has signed a partnership agreement with Mahaseel, the first regional B2B fresh produce digital platform, to accelerate the deployment of Mahaseel Masr agri e-commerce platform. The agreement will enable Mahaseel to retain the necessary mid-term investment capacity to capitalize on its expertise and successful experience in Egypt to …

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Globe Residency REIT – First Listed Developmental REIT at PSX

By editor
December 28, 2022 UTC
in :  Business & Finance, News

Globe Residency REIT (GRR) was listed at the Pakistan Stock Exchange today by Arif Habib Dolmen REIT Management Limited at a Gong Ceremony, making it Pakistan’s first listed Developmental Real Estate Investment Trust (REIT). Minister for Finance, Senator Ishaq Dar was the Chief Guest on the occasion. Arif Habib, Chairman, Arif Habib Dolmen REIT Management and Javedan Corporation, presented the welcome address. He said, “The …

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UK superstar Sir Tom Jones headlines Great Gala Night exclusive concert at the iconic Burj Al Arab

By editor
December 28, 2022 UTC
in :  News, Travel

World superstar Sir Tom Jones is to perform at an exclusive outdoor show in the Burj Al Arab’s Marina Garden on January 6, 2023. The singing sensation, best-known for tracks like ‘It’s Not Unusual,’ ‘Green, Green Grass of Home’, ‘She’s Lady’ and ‘Delilah,’ will headline the launch of the Great Gala Night series at the world-famous 5* landmark hotel. It’s …

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IoBM and BankIslami become knowledge partners to promote Islamic finance

By editor
December 28, 2022 UTC
in :  Business & Finance, News

Institute of Business Management (IoBM) and BankIslami Pakistan Limited signed an MoU on Wednesday, December 28, 2022. According to the MoU, BankIslami will serve as a knowledge partner to facilitate the operations of the Center for Islamic Business and Finance at IoBM. BankIslami will develop marketing content, provide scholarships, facilitate academic research and organize guest speaker sessions at IoBM. The signatories …

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UAE’s first NH Collection hotel to open on Palm Jumeirah in February

By editor
December 28, 2022 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: UAE headquartered upscale real estate developer, Seven Tides, has confirmed that the Emirates’ first NH Collection hotel will open its doors to the public in February 2023. NH Collection Dubai The Palm is a 533-key property located on Seven Tides’ Seven Palm development – a two-tower complex that overlooks the lagoon of Dubai’s world-famous Palm Jumeirah. Operated …

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Manafa secures SAR 106 million in Series A funding led by STV and Wa’ed Ventures

By editor
December 28, 2022 UTC
in :  Business & Finance, News

Manafa, the leading debt and Investment company, announced the closing of its Series A round of SAR 106 million (US$28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco. The company was founded in 2018 by Abdulaziz Al-Adwani to provide financial products tailored to fulfil the needs of SMEs in various sectors by offering debt …

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Hajj Expo 2023 Conference and Exhibition on 9-12 January in KSA

By editor
December 28, 2022 UTC
in :  News, World

RIYADH/DUBAI: Under the patronage of H.R.H Prince Khaled Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, the Ministry of Hajj and Umrah will be organizing ‘Hajj Expo 2023’ conference and exhibition, on 9-12 January 2023. The four-day event is part of the Ministry’s ongoing efforts to build an innovative ecosystem of services and …

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Visa signs MoU with Khazana Enterprise

By editor
December 28, 2022 UTC
in :  Business & Finance, News, World

Visa (NYSE: V), the world’s leader in digital payments, has signed a Memorandum of Understanding (MoU) with Khazana Enterprise, a cloud-native technology provider for Government of Pakistan, in a strategic step towards driving digital transformation across the government sector in support of Pakistan’s cashless future agenda. The MoU included a number of offerings including best practices between Visa and Khazana, …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

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