Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has received the “Most User-Friendly Mobile Banking Solutions in Qatar” Award from International Finance Magazine, a London-based global financial publication. QIB has launched its all-new version of its award-winning Mobile App, creating a simplified and more engaging user experience. The App adopts a convenient, “step by step”, […]
HC Securities & Investments acted as co-advisor to MAC Beverages Ltd and its affiliates (“MBL”) on the sale of their 52.7% stake in Coca-Cola Bottling Company of Egypt (“CCBCE”), as a part of Coca-Cola HBC Holdings B.V (“CCH Holdings”) acquisition of 94.7% of total CCBCE’s shares for an agreed total combined purchase price of US$ 427 million, […]
As part of its mission to solidify its position in the Middle East as a leading global warehouse automation integrator and software publisher, Savoye has announced the appointment of Alain Kaddoum as the Middle East Managing Director. With Kaddoum now on board, Savoye will enhance its long-term strategy to become one of the leading providers […]
Pearl Polyurethane, the leading system house covering the Middle East and North Africa, has appointed a new CEO as part of an ambitious growth plan to double the size of the Dubai-headquartered company and expand internationally over the coming five years. Former Bayer executive, Martin Kruczinna, who took up the CEO’s role in February 2021 […]
The Communications and Information Technology Commission (CITC) is hosting the first edition of the annual Digital Technology Forum with the theme of “Promising investment opportunities for a digital future”. The forum will be held in coordination with the Saudi Ministry of Communication and Information Technology (MCIT) and the Saudi Ministry of Investment (MISA). It will […]
The Israeli pavilion, produced by AVS, a company headed by Malki Shem-Tov, and designed by Knafo Klimor Architects, is 15 meters (M) high and 1,550 square meters (SQM) built up area. The architecture draws its inspiration from the arid landscapes of Israel and other Middle Eastern countries. The pavilion adopts the shape of sand dunes […]
Easy mobility and maneuverability of cargo bikes are chief factors shaping the demand outlook of the global cargo bikes market. As per a recent market study by ESOMAR-certified consulting firm Future Market Insights (FMI), the cargo bikes market totaled US$ 900 Mn in 2021. As traffic congestion is increasing across the globe, government authorities in various counties are encouraging […]
NorthLadder has appointed Mihin Shah to assume the role of Chief Revenue Officer (CRO). NorthLadder is an auction-driven, second-hand online marketplace for pre-owned luxury assets and electronics. As the startup expands its presence in the region, it will benefit greatly from its newest member to drive growth. Given his experience and expertise, Mihin is well […]
The Board of Directors (Board) of the Dubai Financial Services Authority (DFSA) has announced the appointment of F. Christopher Calabia as the new Chief Executive of the DFSA. Chris will succeed Bryan Stirewalt with effect from 1 October 2021. Chris is an accomplished leader in financial regulation with a career that spans 30 years in […]
Backbase is reaffirming its commitment to Saudi Arabia with the launch of a new regional office and the appointment of a new senior leadership team in the country. This latest expansion follows increasing market demand in Saudi Arabia, with SAMA – the Kingdom’s financial regulator – offering new licenses and open banking development as part […]
