Saturday 19 July 2025
 
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Forbes unveils new edition of Global Meets Local ranking

Forbes 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

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Tadweer acquires waste to energy stake from Masdar

Masdar, 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

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Fed on hold – but rate cuts are coming sooner, says expert

The 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

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Sodic set for Marriot's Tribute Portfolio Hotel opening in Egypt

Sodic, 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.   

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Bahrain e-auctions platform Mazad names new CEO

Mazad, 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

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IHC acquires UAE’s top private financing platform for SMEs

IHC, 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

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Sohaila Rahman named Alba chief legal officer

Aluminium 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

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Autonomous ships to be reality long before industry is ready, says expert

For 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,

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Saudi Arabia drives GCC IPO market in H1; nets $3.4bn in proceeds

The 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

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BNET teams up with Keyrus to launch centralised data platform

Bahrain 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.   

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