Saudi Red Sea Authority signs MoU with Heritage Commission
Saudi Red Sea Authority (SRSA), the key enabler and official regulator of coastal tourism in the Kingdom’s Red Sea, has signed a Memorandum of Understanding (MoU) with the Heritage Commission, […]
Visit Qatar renews sponsorship agreement with UFI to boost MICE industry
Visit Qatar (VQ) and UFI, the Global Association of the Exhibition Industry, have renewed their Diamond Sponsorship agreement. The sponsorship agreement renewal aligns with Visit Qatar’s ongoing efforts to further […]
QatarEnergy, Petronet sign 20-year LNG Sale & Purchase Agreement
QatarEnergy has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Petronet LNG Limited for the supply of 7.5 million tons per annum (MTPA) of LNG destined for […]
The Lana opens in Dubai: Inside Dorchester Collection’s first Middle East hotel
The Lana, Dubai, the first Middle East hotel by Dorchester Collection, has opened its doors at the scenic Marasi Bay marina location, marking the luxury brand’s debut in the region. […]
Saudi Arabia’s Modern Mills to sell 30% stake in IPO on local bourse
Saudi Arabia’s Modern Mills said it plans to sell a 30 per cent stake through an initial public offering (IPO) on the Saudi Exchange (Tadawul). The milling company said in […]
Dubai welcomed 17 million international visitors in 2023
Dubai hosted more tourists than ever before in 2023, attracting 17.15 million international overnight visitors, a 19.4 per cent year-on-year (YoY) increase from 14.36 million arrivals a year ago. “Dubai’s […]
Ajman Bank enters into collaboration with Mastercard
Ajman Bank has entered into a collaboration with Mastercard in order to leverage the technology giant’s innovative solutions to drive sustainability. “The award-winning bank will implement Mastercard’s Carbon Calculator and […]
NBO partners with Paymob to transform Oman’s payment ecosystem
National Bank of Oman (NBO) has entered into a ground-breaking partnership with Paymob, a leading Payment Services Provider (PSP) recently licensed by the Central Bank of Oman (CBO), to reshape […]
Kuwait approves 2024/25 budget, forecasts $19.1bn deficit
Kuwait has approved its state budget for 2024-2025, which forecasts a deficit of $19.1bn (KWD5.89bn), for the fiscal year that starts April 1, 2024, and ends March 31, 2025. The […]
Dubai Chamber of Digital Economy unites with Enterprise Ireland
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has signed a memorandum of understanding (MoU) to establish a strategic partnership with […]