Business

ARLINGTON LAUNCHES A NEW £400M STUDENT ACCOMMODATION FUND
May 18, 2018

ARLINGTON LAUNCHES A NEW £400M STUDENT ACCOMMODATION FUND

rlington Advisors Limited, the UK-based specialist real estate investment manager, founded and headed by Lebanese George Shweiry, is pleased to announce that it has today launched fundraising for a new flagship £400m fund and has appointed Rothschild & Co as lead advisor. The Arlington Student Accommodation Fund...

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6 days ago
GROHE Opens New Dubai Showroom
May 15, 2018

GROHE Opens New Dubai Showroom

GROHE, the world’s leading single-brand manufacturer and supplier of sanitary fittings, is bringing their latest technology and quality designs to their new aesthetically unique Dubai showroom. The industry leader opened their new Showroom in Media One Hotel, Media City on May 13th, 2018. GROHE’s Dubai showroom will be the...

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1 week ago
Air Arabia reports strong first quarter 2018 net profit of AED110 million, up 8%
May 11, 2018

Air Arabia reports strong first quarter 2018 net profit of AED110 million, up 8%

Air Arabia PJSC today reported strong financial results for the first quarter of 2018 as the Middle East’s first and largest low cost carrier continued to deliver solid commercial and operational results. Air Arabia reported a net profit of AED110 million for the three months ending March 31, 2018, an 8 percent increase...

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2 weeks ago
Starbucks® launches new at-home range of espresso capsules
May 10, 2018

Starbucks® launches new at-home range of espresso capsules

Starbucks today announced the launch espresso capsules compatible with Nespresso® machines* as it expands its presence in the at-home coffee sector in Middle East and North Africa Region.   The new Starbucks espresso capsules are made using some of the finest Starbucks coffees and will enable customers to enjoy the same...

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2 weeks ago
MEDCO S.A.L launches the first dynamic QR mobile payment solution in Levant
May 08, 2018

MEDCO S.A.L launches the first dynamic QR mobile payment solution in Levant

Mediterranean Oil Shipping & Transport Co. MEDCO SAL, the leading and centennial Lebanese petroleum company announced today, in partnership with areeba, the launch of its latest innovation: MEDCO Pay, at a press event held at the MEDCO Chevrolet station, in the presence of Visa and Mastercard representatives, bank...

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2 weeks ago
HUAWEI P20 Pro Shatters Sales Records in Western Europe
May 08, 2018

HUAWEI P20 Pro Shatters Sales Records in Western Europe

Huawei Consumer Business Group today announced that the HUAWEI P20 Pro has become its bestselling flagship device in Western Europe. After only four weeks of being on public sale, the HUAWEI P20 Pro has overtaken last year’s HUAWEI P10 Plus, outselling its predecessor by 316% to become the most successful device ever sold by...

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2 weeks ago
Al Hokair Group Continues to Expand in the  Hospitality Sector with Exciting New Developments
May 06, 2018

Al Hokair Group Continues to Expand in the Hospitality Sector with Exciting New Developments

Consolidating its partnership with the world’s leading hospitality brands, Al Hokair Group continues to expand rapidly in gateway business and leisure destinations across the Middle East. Following the addition of 1113 new rooms to its exceptional portfolio of hotels over the last 12 months, the group has increased its...

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3 weeks ago
Bank Audi Consolidated Activity Highlights as at End-March 2018
April 26, 2018

Bank Audi Consolidated Activity Highlights as at End-March 2018

While the first quarter of this year reported a continuing low growth in the real sector of the economy, the quarter ended with a glimpse of hope for a potential economic recovery, driven by the successful CEDRE conference for Lebanon that raised US$ 11.5 billion of international pledges to finance the country’s...

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4 weeks ago
ETIHAD LAUNCHES FIRST IN-FLIGHT APPAREL COLLECTION DESIGNED BY EMIRATI
April 25, 2018

ETIHAD LAUNCHES FIRST IN-FLIGHT APPAREL COLLECTION DESIGNED BY EMIRATI

On the heels of their successful New York Fashion Week event last February, Etihad Airways and luxury online retailer Moda Operandi collaborated for a high-profile fashion event at The Louvre Abu Dhabi in support of the industry’s growth in the region. The star-studded event saw the launch of the stylish new exclusive...

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4 weeks ago
**Shangri-La to make its debut in the Kingdom of Bahrain**
April 25, 2018

**Shangri-La to make its debut in the Kingdom of Bahrain**

Bahrain Marina Development Company, a wholly-owned subsidiary of the Social Insurance Organization (SIO), has appointed Hong Kong- based Shangri-La Hotels and Resorts as Bahrain Marina’s hotel operators, which is scheduled to open by 2022. In light of this agreement, the Shangri-La Hotel will manage the hotel located in...

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4 weeks ago
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