Group revenue growth supported by stable gross profit margin of 29%, and adjusted EBITDA of AED 5.0 billion Global expansion milestones include the completed sale of TAQA stake, and the acquisition of Traverse Midstream Partners in North America, Baobab Group in Africa, and 60.8% of ISEM in Italy TIME ranks the Group 36th on the […]
This summer, Central Shopping Centers invites international visitors to experience the best of shopping, dining, and leisure with Summer Holiday 2026, running from 20 July – 30 September 2026. Created exclusively for international tourists, the campaign offers shopping privileges across Thailand’s five world-class shopping malls: centralwOrld, Central Park Bangkok, Central Village Bangkok Luxury Outlet, Central […]
Abu Dhabi: École Ducasse Abu Dhabi Studio has opened its August intake for the Culinary Arts Essentials and French Pastry Arts Essentials programs, set to begin on August 10. Designed for aspiring chefs, hospitality professionals, entrepreneurs and culinary enthusiasts, the intensive eight-week programmes equip participants with the technical knowledge, practical skills and professional discipline needed […]
ARIS, the process context platform enabling enterprise AI deployment, today announced its recognition as a Leader in the inaugural Gartner Magic Quadrant for Digital Twin of An Organization (DTO) Platforms – where it believes agentic AI, autonomous workflows, and enterprise governance converge. As enterprises move from AI experimentation to autonomous agent deployment, a critical challenge […]
Dalma Mall brought a new dimension to the shopping experience with the launch of the Family Speed Shopping Challenge, transforming a traditional family shopping trip into a fast-paced race of speed, strategy and teamwork across multiple retail outlets. The challenge generated an overwhelming response from the community, with 8,931 families expressing interest in participating. Following […]
Agreement signed at U.S.-Iraq Business Summit brings the world’s most trusted digital infrastructure standards to Iraq Uptime Institute and Tech964 Holding Limited (T964), Iraq’s leading digital infrastructure company, today announced a landmark strategic partnership to accelerate Iraq’s digital transformation. The partnership combines the world’s leading authority in digital infrastructure standards with the company building the […]
OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse, a publicly listed German industrial company. Terms of the transaction were not disclosed. Headquartered in Getafe, Spain, Merak is a leading global provider of HVAC systems for rail […]
MWG Enterprises, Patel Family Office and AHQ Group-affiliated PWS are together advancing plans for a 200,000-barrel-per-day integrated refinery and export corridor designed to strengthen regional energy infrastructure. MWG Enterprises, the Fort Worth-based energy development company, Patel Family Office, the third-generation global family office, and PWS, an associate company of one of Saudi Arabia’s longest-established […]
Uptime Institute today released the findings of its 16th Annual Global Data Center Survey, the most comprehensive study of the digital infrastructure sector. The 2026 results reveal an industry navigating workforce constraints, escalating outage expenses, even as rising costs remain the top concern for management teams. Financial Pressure and Resource Constraints Intensify: While high costs […]
Abu Dhabi, UAE – As Abu Dhabi’s culinary landscape continues to evolve, National Corporation for Tourism & Hotels (NCT&H) is strengthening its strategic partnership with Dubai-based FYTE Hospitality, marking the next chapter in a long-term vision to elevate the culinary offering at InterContinental Residences Abu Dhabi. The relationship began with the award-winning Kokoro Handroll Bar, […]
AM Best is maintaining its outlook for the insurance markets of the Gulf Cooperation Council (GCC) at stable. In its new Best’s Market Segment Report, “Market Segment Outlook: Gulf Cooperation Council Insurance”, AM Best notes that while GCC insurers remain vulnerable to second-order effects from the Middle East conflict, strong performance and healthy risk-adjusted capitalisation […]
A landmark partnership signed during Prime Minister Ali Al-Zaidi’s historic U.S. delegation positions Iraq for a new era of resilient, world-class digital infrastructure Uptime Institute today announced a landmark strategic partnership with the Governorate of Nineveh, signed at the U.S. Chamber of Commerce U.S.-Iraq Business Summit to accelerate the region’s digital transformation and advance Iraq’s […]
