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 […]
Category: LATEST NEWS
Israel’s pavilion at Expo2020 Dubai: An invitation to create a new future
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 […]
Northladder welcomes a new chief revenue officer
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 […]
Dubai Financial Services Regulator appoints new Chief Executive
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 […]
Mohamed Al Sharhan appointed as Deputy Managing Director of World Government Summit Organization
His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Organization, has approved the appointment of Mohamed Yousef Al Sharhan as Deputy Managing Director of WGS, in a step that embodies the directions of the UAE leadership to empower the youth, and enable them into creating effective change and […]
Nox Management realizes a significant profit after the acquisition of &ever in a deal worth Euro 130mln
Kuwait’s Nox Management a subsidiary of Al Wafir Marketing Services, part of the Al Bahar group announced that it has realized a significant profit, after Kalera AS one of the fastest growing vertical farming companies in the world, announced that it has entered into a share purchase agreement to acquire &ever GmbH, a world leader […]
National Investments Company succeeded in new investment in pipe technologies
Mr. Fahad Al Mukhaizim, CEO of National Investments Company (“NIC”), said in a press release: The Investment Banking Sector (“IB”) managed to capture many new investments in the infrastructure, real estate, credit and technology sectors, Furthermore the Company started the year 2021 with a strong pipeline of mandates, including a number of M&A buy-side mandates, […]
SBWC mentoring UAE’s business women to reinvent themselves and thrive in the post-Covid era
Sharjah Business Women Council (SBWC), an affiliate of NAMA Women Advancement Establishment (NAMA), has equipped 48 of its members with the right tools, knowledge and motivation to advance in the business world through a diversified workshop series with the central theme of post-COVID business recovery planning. Held in partnership with global technology leader Mashreq Bank, […]
Middle East AgTech Red Sea Farms accelerates expansion following oversubscribed investment round
Red Sea Farms, a Saudi Arabian AgTech business whose one-of-a-kind technology enables the commercial farming of produce using primarily salt water and sunlight, has successfully closed its latest funding round. A USD 10m investment target has been exceeded. Strong confidence raised USD 16m from leading Saudi, UAE and USA investors. This oversubscribed, pre-series A investment […]
Dubai Airports Expects A Strong Second Half After DXB’s H1 Passenger Traffic Reaches 10.6 Million
Dubai Airports is projecting robust growth for Dubai International (DXB) in the second half of the year after the airport clocked 10.6 million passengers in the first six months of 2021 despite travel restrictions affecting its key source markets throughout the second quarter. “In anticipation of the robust recovery of global air travel, we started […]