Business

Largest LG Brand Shop in the MEA region  opens in Iraq
August 17, 2017

Largest LG Brand Shop in the MEA region opens in Iraq

LG Electronics has announced the grand opening of its largest brand shop in the Middle East and Africa region in Erbil, Iraq. Also earning the coveted title of being the world’s second largest for LG, the brand shop opening was a gala event attended by eminent government officials, well-known representatives from large...

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6 days ago
OLX Lebanon Issues its mid year Property Report
August 15, 2017

OLX Lebanon Issues its mid year Property Report

“Properties” category on OLX Lebanon received an average of 1 million visits per month in the first half of 2017 More than 800K Lebanese used OLX Lebanon monthly in 2016 29% of OLX’s platform users visited Properties category Properties category on OLX Lebanon witnessed more than 111K listings for the first half of 2017...

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1 week ago
Rotana celebrates 25 years of success and growth
August 13, 2017

Rotana celebrates 25 years of success and growth

Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa and Turkey, marks a historic milestone as its completes 25 years of supporting tourism and hospitality growth in the region. One of the largest hospitality employers in the wider Middle East, Rotana supports thousands...

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1 week ago
TDIC ACHIEVES NEW PROJECT MILESTONE IN MAMSHA AL SAADIYAT
August 13, 2017

TDIC ACHIEVES NEW PROJECT MILESTONE IN MAMSHA AL SAADIYAT

The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced the achievement of significant stages in the development of the Mamsha Al Saadiyat project. All concrete groundwork has been laid, with the structure for all buildings now...

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1 week ago
Delta Partners advises iflix on $133 million funding led by Hearst
August 10, 2017

Delta Partners advises iflix on $133 million funding led by Hearst

Delta Partners Corporate Finance Limited, a member of Delta Partners, has acted as financial advisor on a $133 million funding round for iflix, the Malaysian Subscription Video on Demand (SVoD) service for emerging markets, offering users unlimited access to thousands of TV shows and movies from all over the world.   Working...

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2 weeks ago
Mastercard appoints Beatrice Cornacchia as Head of Marketing and Communications, Middle East and Africa
August 10, 2017

Mastercard appoints Beatrice Cornacchia as Head of Marketing and Communications, Middle East and Africa

Mastercard, a leading technology company in the global payments industry, has appointed Beatrice Cornacchia as Head of Marketing and Communications, Middle East and Africa. In this role, Cornacchia will leverage her extensive expertise and knowledge of the business and brand’s key pillars and senior leadership credentials to...

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2 weeks ago
A host of travel benefits from LGB BANK and Mastercard
August 09, 2017

A host of travel benefits from LGB BANK and Mastercard

LGB BANK announced that their Mastercard customers can benefit from a 30% discount on flights and hotel bookings worldwide, by using their LGB BANK Platinum or World Mastercard card.     The Cleartrip offer from LGB BANK and Mastercard allows Platinum cardholders to benefit from up to 30% discount (up to $200). World...

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2 weeks ago
ERICSSON joins Zain Kuwait-led utilities digital transformation project
August 09, 2017

ERICSSON joins Zain Kuwait-led utilities digital transformation project

Ericsson (NASDAQ: ERIC) has become a member of a consortium led by the operator Zain in Kuwait. The consortium will carry out a large digital transformation project for local utilities. The project will be completed by 2024 and as the sole technology partner, Ericsson will deploy a new smart metering solution. The Enterprise...

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2 weeks ago
MICHAEL KORS HOLDINGS LIMITED TO ACQUIRE JIMMY CHOO PLC FOR 230 PENCE PER SHARE IN CASH
August 06, 2017

MICHAEL KORS HOLDINGS LIMITED TO ACQUIRE JIMMY CHOO PLC FOR 230 PENCE PER SHARE IN CASH

Michael Kors Holdings Limited (NYSE:KORS), a global fashion luxury brand, today announced that it has reached an agreement to acquire Jimmy Choo PLC (LON: CHOO), a premier global luxury footwear and accessories brand. Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an...

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2 weeks ago
Empower to participate at World Green Economy Summit (WGES 2017)
August 06, 2017

Empower to participate at World Green Economy Summit (WGES 2017)

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, will participate at the fourth edition of World Green Economy Summit (WGES 2017), organised under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...

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2 weeks ago
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