Air Arabia and DAL Group establish a joint venture to start a new airline in Sudan
Sudan’s most innovative and customer-focused conglomerate, DAL Group, and Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier operator, today announced the planned launch of “Air Arabia Sudan”, a joint-venture company to be based in Khartoum International Airport. Air Arabia Sudan will follow the value-added product offering operated by Air Arabia […]
MZ Technologie to display cutting-edge contactless solutions at GITEX Global
Dubai, United Arab Emirates: MZ Technologie, the acclaimed specialist in the field of contactless, announced today that the company will be showcasing it’s latest solutions at GITEX Global 2022 which will be held in Dubai between the 10th – 14th of October 2022 at the Dubai World Trade Center. “We are delighted to be exhibiting […]
Dur Hospitality reveals ambitious expansion path, a platinum sponsor at FHS Dubai
Dur Hospitality participated as a platinum sponsor at the Future of Hospitality Summit (FHS), held September 19-21 at Jumeirah, Dubai. Co-organized by the Bench and MEED, FHS united hospitality industry leaders from around the world under the theme ‘Lead the Change’ to discuss the hospitality outlook in the region. The prestigious event brought together decision-makers […]
Bain & Company announces two new partners
Bain & Company announced today, two new Partners, Karen Khalaf and Elif Koc, in the Private Equity & Sovereign Wealth Fund practice in the Middle East. Karen and Elif will leverage their vast experience to support the further growth of Bain’s investment-related work across several sectors in the region. Having worked with Bain across the […]
Borouge to distribute a USD 325 million interim dividend
Borouge Plc (“Borouge” or “the Company”), a leading petrochemical company that provides innovative and differentiated polyolefin solutions, today announces General Assembly approval for its 2022 interim dividend payment of USD 325 million (AED 1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record as at 3 October […]
Stellantis assigns CDIO to further boost company’s Tech Transformation
Stellantis N.V. recently announced that Chris Taylor has joined the company as Chief Digital Information Officer(CDIO), reporting to Xavier Chéreau, Chief Human Resources and Transformation Officer, and functionally to Ned Curic, Chief Technology Officer, effective recently. In this newly created role, Chris Taylor will help lead Stellantis’ transformation into a sustainable mobility tech company, driving […]
Recognize onboards Muthu Kumaran as Operating Partner and head of India operations
Recognize, a technology investment platform that is singularly focused on the technology services industry, recently announced that Muthu Kumaran will join the firm as Operating Partner and head of India operations. Muthu expands Recognize’s ability to build best-in-class delivery and operations, and attract world class talent in support of Recognize portfolio companies. Recognize raised approximately […]