Author: Mahdeehassan

SBC Summit 2025 introduces a Latin America & Brazil track, further aligning its conference strategy with the global nature of the event, which is set to welcome 30,000 attendees from around the world this September. The track will form part of the Global Markets stage, which was introduced this year alongside the Emerging Markets stage to spotlight some of the industry’s hottest regions as well as those that deserve early attention from industry stakeholders. The decision to include a dedicated track builds on the remarkable 126% surge in Latin American attendance in 2024, reinforcing the event’s position as the go-to destination for professionals seeking to engage with…

RIYADH, June 2025: ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has launched the first phase of sales for ALDANAH, its destination community in Dhahran, introducing more than 1,000 new, high-quality modern homes within an integrated community that will offer more than 2,000 homes upon completion. The first phase of ALDANAH offers a diverse range of floor plans and façade types, including standard and premium villas, in addition to duplexes. Customers can immerse themselves in ALDANAH’s new way of living through on-site show villas in ALDANAH sales center. ALDANAH is holistically designed to offer…

UAE – June 2025: Loyyal, a leader in blockchain-powered loyalty solutions, is excited to announce the launch of its partnership network for Air India’s Maharaja Club frequent flyer programme. This initiative allows Maharaja Club’s members to earn loyalty points through everyday purchases across popular brands across the USA and UK beyond India. With Loyyals’ ecosystem of world-leading brands like Alamo, New Balance, Walmart, Victorinox, Victoria’s Secret and GAP, Maharaja Club members can now enjoy earning Maharaja points on their purcases with these brands. More partner brands are joining soon, further expanding opportunities to earn and enjoy exclusive rewards. This landmark initiative…

The fourth OPEC Fund Development Forum concluded today with a strong slate of new commitments, loan agreements and strategic partnerships to advance inclusive transition and sustainable development. The Forum brought together more than 700 global leaders, including government representatives, development institutions and private sector stakeholders, under the theme “A Transition That Empowers Our Tomorrow”. The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements. A new Trade Finance Initiative is set to secure vital supplies and help…

Muharraq, Bahrain: In a sign of a long-standing and trusted collaboration, Gulf Air and CFM International have extended the airline’s long-term CFM LEAP-1A Services for A320neo family aircraft. Signed during Paris Airshow 2025, held from 16 to 22 June 2025, this strategic extension, along with the purchase of additional spare engines, forms a strong and reliable foundation for comprehensive engine support, enhancing fleet reliability and operational continuity. Being the Kingdom of Bahrain’s national carrier, Gulf Air operates one of the region’s most modern and efficient fleets, which includes 29 LEAP-1A-powered A320neo family aircraft, continued collaboration with CFM is key to operational excellence; and…

Dubai, United Arab Emirates – In a significant moment for Dubai’s luxury real estate market, Dubai Sotheby’s International Realty has successfully brokered the sale of a prime residential plot on Palm Jumeirah for a staggering AED 365 million (USD 100 million). This transaction marks the highest-value land deal recorded on the iconic island in 2025, underscoring its enduring appeal to the ultra-high-net-worth market. Spanning an impressive 90,036 sq. ft., this exceptionally valuable plot occupies a coveted ‘frond tip’ position – a truly rare find on Palm Jumeirah, where most land has already been developed and freehold plots are tightly held. Boasting…

Muscat: In line with its strategic agenda to broaden its nationwide footprint and strengthen its presence across key areas, ahlibank recently inaugurated its newest branch in Rusayl. This achievement embodies the bank’s commitment to enhancing access to its services and products, while offering financial solutions that meet the growing needs of individuals and enterprises alike. As part of a wider network expansion initiative, the Rusayl branch reinforces ahlibank’s mandate to serve high-potential locations while further advancing the bank’s customer-centric growth trajectory. Commenting on the inauguration, Muneer Al Balushi, AGM Head of Retail Distribution in ahlibank, stated, “Rusayl is a dynamic industrial…

Le Bourget, Paris: His Excellency Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, affirmed the Kingdom of Bahrain’s continued commitment to the development of the business aviation sector as an integral part of the national air transport system, in line with regional and international advancements in the aviation industry. His Excellency stated that the support extended to business aviation falls within the framework of the Kingdom’s strategic direction to establish an advanced and competitive operational environment—enhancing the Kingdom of Bahrain’s position as a regional hub, attracting international investments and operators, and contributing to the diversification and sustainability…

Dubai, UAE: Culinary enthusiasts across the UAE are about to discover a fresh new taste sensation as Marugame Udon, the world’s largest udon restaurant chain with over 1,100 outlets globally, officially lands in the region. Famous for its skillfully handmade udon noodles and engaging dining experience, Marugame Udon invites UAE residents to immerse themselves in the authentic flavors and vibrant culture of Japan.The launch of Marugame Udon in the UAE is made possible through a strategic partnership between Opal Food Concepts and Toridoll Holdings, the global parent company behind Marugame Udon, along with the support of the West Zone Group.…

Dubai, UAE – PRCA Mena – the regional arm of the world’s largest PR body – has launched its first-ever regional podcast, Al Sidq – Arabic for ‘the truth’ – a platform dedicated to real and honest conversations with the most influential voices in PR, media and communication. Hosted by head of PRCA Mena and seasoned journalist, Conrad Egbert, Al Sidq goes beyond the headlines to uncover the real stories, perspectives, and thought processes that shape the industry. From career-defining moments to reflections on the region’s evolving media ecosystem, the podcast brings together decision-makers and change-drivers for frank, engaging dialogue. The…