Author: Mahdeehassan

Dubai, United Arab Emirates, June 2024 – The St. Regis Riyadh is proud to announce that it has been honored with the prestigious ‘Best New Business Hotel’ award by the Business Traveller Middle East 2024 awards. This recognition underscores the hotel’s unwavering commitment to delivering unparalleled luxury, exceptional service, and a world-class business environment. The renowned Business Traveller Middle East (BTME) Awards, organized by Motivate publication Business Traveller Middle East, celebrates leaders in business travel and tourism. The 2024 edition, held at a high-profile gala ceremony at The Ritz-Carlton, Dubai International Financial Centre on May 6, marked the 23rd edition of…

The European Bank for Reconstruction and Development (EBRD) is committing up to US$ 40 million to SPE PEF III (PEF III), the new fund raised by SPE Capital, to support mid-cap companies in Egypt, Morocco and Tunisia. PEF III will seek to generate long-term capital gains from equity and equity-related investments in companies in these three North African countries, with the flexibility to also invest in selected countries in sub-Saharan Africa. Through this investment, the EBRD aims to contribute to the resilience of financial markets and increase the competitiveness of local enterprises by sustaining private equity as an alternative source of funding in North Africa. The investment…

Dubai, UAE, 29 June 2024: MERED, an international real estate developer, is rapidly establishing itself as one of the fastest-growing companies in the Dubai real estate sector. In just one year since its market entry, MERED has swiftly emerged as a leading ultra-luxury player. The award-winning developer has launched and broken ground for its flagship project, the ICONIC Tower, within only six months. The tower will be the tallest in Dubai Internet City at 286.4 metres, boasting 310 luxury apartments and world-class amenities. In just the last year, the project has received approval from various government authorities, including the Dubai…

Riyadh, June 2024 – Taking a significant step toward environmental responsibility, Amsa Hospitality is proud to announce an initiative to promote recycled products by providing backpacks made from recycled plastic bottles for its employees and business partners. Creating backpacks from recycled plastic bottles is an innovative process that involves collecting used bottles, shredding them into flakes, and then melting them into polyester fibers. The fibers are woven into a fabric, then cut and sewn into backpacks. Amsa Hospitality is a pioneering Saudi hospitality company aligned with the goals of Saudi Vision 2030, including ensuring a greener future for the Kingdom…

Due to the ongoing conflict in the Middle East, there is a boycott movement of companies and products associated with certain sides of the conflict in various parts of the world. Several international brands came under fire for their perceived stance on the issue. In such a situation, the halal soft drink brand Shukran Cola has seen a surge in popularity. The demand for Shukran Cola from various countries, including those in the Middle East and Europe, is increasing. Due to the boycott of the Western giants, Shukran Cola has become an alternative to other globally known brands for many…

Dubai, UAE – June, 2024 – In the heart of Dubai, a beacon of hope shines brightly. Mr. Prince R, an exceptional social worker, has been tirelessly improving the lives of hundreds of needy and stranded individuals from various countries. His unwavering dedication to social work and voluntary efforts have earned him widespread recognition and respect. Mr. Prince R’s journey is driven by his career objective: to apply his skills in a multicultural environment, contributing to organizational goals while achieving higher efficiency and service standards. Holding a Diploma in Mechanical Engineering and a B.A. in Public Administration, Mr. Prince R…

OMNIYAT, Dubai’s ultra-luxury real estate leader, has announced a new chapter in its remarkable journey with the unveiling of a new corporate structure led by the newly-formed OMNIYAT GROUP. Founded as an umbrella to drive success across its branded companies, OMNIYAT GROUP has announced an AED 100B total group portfolio target over the next five years and committed AED 50B in portfolio value for new ventures across diversified real estate sectors. OMNIYAT was founded in 2005 by Executive Chairman Mahdi Amjad, a visionary pioneer in the Dubai real estate sector. Established with the ambition to revolutionize the Dubai property market…

Alpari has recently launched a new range of exciting asset classes, expanding their service to traders – 10 soft commodity CFDs. The award-winning broker has created a quiz that demonstrates the possibilities open to you when you diversify your trades. Why not branch out and try another way of trading, or add an unusual asset to your portfolio? There are plenty of opportunities to profit by catching the wave at the right time. But as you can see from Alpari’s quiz, there are far more CFDs than just traditional commodities. We all know how exciting CFD trading can be, whether…

Dubai, UAE – Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, is delighted to unveil an exclusive Eid promotion tailored specifically for UAE nationals at the prestigious Al Habtoor Tower, the epitome of luxury living in Dubai, to cater to the increasing demand among UAE nationals. The promotion, effective immediately, is designed to support Emirati families and individuals aspiring to own a home in one of Dubai’s most iconic residences with special discounts and advantageous payment terms. This offer is valid for one month, ending mid-July 2024. The special offer includes an exclusive 10 per cent discount on…

SAUDI MANPOWER SOLUTIONS COMPANY (“SMASCO” or the “Company” or the “Group”) the leading manpower solutions company in the Kingdom of Saudi Arabia (the “Kingdom”), announced today the listing of its shares on the Main Market of the Saudi Exchange following ethe successful completion of its initial public offering (the “IPO” or “Offering”). The Company is now trading under the ticker symbol: 1834. The Offering comprised a secondary offering of 120,000,000 ordinary shares (the “Offer Shares”) representing 30% of the Company’s total issued share capital. 90% of the Offer Shares were allocated to certain institutional investors (the “Participating Parties”). The institutional…