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Forbes unveils new edition of Global Meets Local rankingForbes Middle East has revealed the 13th edition of its flagship Global Meets Local ranking, spotlighting the regional heads of the world’s most influential multinational corporations who are not only steering complex business landscapes but actively shaping the Middle East and North Af More… |
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Tadweer acquires waste to energy stake from MasdarMasdar, a leading renewable energy company, has divested its stake in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in waste value unlocking. The move brings Tadweer Group and BEEAH, the region's sustainability and innovation pioneer, as joi More… |
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Fed on hold – but rate cuts are coming sooner, says expertThe Federal Reserve will hold interest rates steady this month, but fresh inflation data has increased pressure for a cut sooner than previously expected, says Nigel Green, the CEO of one of the world’s largest independent financial advisory organizations, deVere Group. &nb More… |
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Sodic set for Marriot's Tribute Portfolio Hotel opening in EgyptSodic, a leading Egyptian real estate developer, has announced the opening of The Tribute Portfolio Hotel by Marriot International, a premium luxury hospitality property, within June, its Miami-inspired beachfront destination on the country's North Coast. More… |
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Bahrain e-auctions platform Mazad names new CEOMazad, Bahrain’s leading online auctions platform, and a local portfolio company of Bahrain Mumtalakat Holding Company (Mumtalakat), has announced the appointment of Nezar Hasan Habib as its new CEO, effective July 20. Nezar brings over 20 years of More… |
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IHC acquires UAE’s top private financing platform for SMEsIHC, a global investment company focused on building dynamic value networks, has announced that it has completed the acquisition of eFunder, the UAE’s pioneering private financing platform for small and medium-sized enterprises (SMEs). The platform More… |
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Sohaila Rahman named Alba chief legal officerAluminium Bahrain (Alba), the world’s largest smelter on one site, has announced the appointment of Sohaila Rahman as its new Chief Legal and Governance Officer effective July 20. A UK-qualified lawyer, Rahman boasts over 20 years of experien More… |
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Autonomous ships to be reality long before industry is ready, says expertFor years, shipping’s relationship with autonomy has been one of cautious optimism, mixed with deep scepticism. We’ve talked about autonomous ships as if they were distant sci-fi, something for the 2040s – after the technology matures, More… |
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Saudi Arabia drives GCC IPO market in H1; nets $3.4bn in proceedsThe initial public offerings (IPOs) in Gulf markets raised $3.4 billion through 24 listings during the first half of 2025, down 6% from a year earlier, as regional activity showed signs of cooling after a strong 2024. In the same period last year, 23 IPOs raised $3.5 billion, according to a r More… |
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BNET teams up with Keyrus to launch centralised data platformBahrain Network (BNET), the kingdom's national broadband network operator, has signed a strategic agreement with Keyrus, a global consultancy and technology group, to launch Bayanat, a centralised data platform designed to streamline internal data processes. More… |
