Pullman Resort Al Marjan Island appoints Evan Harrington as its new General Manager. With over two decades of experience in hospitality leadership, Evan brings deep industry insight and a commitment to elevating the guest experience, in line with Pullman’s vibrant approach to modern hospitality. Evan’s distinguished career spans management roles across renowned properties in Africa […]
Category: NEWS
EcoProfessions enters UAE market to address key sustainability talent gaps
Photo: Lindsay Maasdorp, General Manager, EcoProfessions. EcoProfessions, an innovative startup in sustainability recruitment, is expanding into the UAE to meet the growing demand for specialised talent in sustainability and Environmental, Social, and Governance (ESG) sectors. Through its AI-powered recruitment platform, EcoProfessions aims to help UAE companies build the teams they need to address complex environmental […]
Coco London enters UAE with its first flagship outlet in downtown, Dubai
Coco Grill & Lounge is set to launch in Downtown Dubai this December, aiming to transform the local culinary landscape. Building on the success of its distinguished outlets in London, including Tower Bridge, Canary Wharf, and Lakeside Shopping Centre, the restaurant is strategically positioned to cater to Dubai’s discerning clientele with a sophisticated blend of […]
Pet Corner Inaugurates its 20th retail store in the UAE celebrating 20 years of commitment in pet care over two decades
Pet Corner is a family run pet store chain in the UAE for 20 years with locations in Dubai, Abu Dhabi, Sharjah and now in Fujairah marking the opening of its 20th store over a ribbon-cutting ceremony and tour of the store’s product and services. With 20 point of sale locations that are well stocked […]
Mashreq appoints Philip Philippides as CEO of Mashreq Capital
Mashreq, a leading financial institution in the MENA region, proudly announces the appointment of Philip Philippides as the new CEO of Mashreq Capital. In his role, Philip will lead the expansion of Mashreq Capital’s asset management business, overseeing investments, strategic client engagement, and the development of innovative solutions to meet the needs of a dynamic market. Philip brings […]
EFG Hermes unveils $300mln Saudi Education Fund
EFG Hermes, an EFG Holding company, and the leading Investment Bank in MENA, announced today that its private equity arm has launched a USD 300mn Saudi Education Fund (“SEF”) with the target of building an institutional world-class K-12 operator in the Kingdom of Saudi Arabia. SEF aims to capitalize on the clear market opportunity that […]
Amenli secures $2.3mln investment to accelerate growth in Egypt’s insurance market
Amenli, a leading insurtech broker licensed by the Financial Regulatory Authority in Egypt (FRA), has secured a new funding round of $2.3 million aimed at accelerating its growth and enhancing its service offerings. The investment was led by the European Bank for Reconstruction and Development Venture Capital arm (EBRD) and includes a follow-on investment from […]
MENA M&A activity saw 522 deals valued at US$71.0b in 9M 2024
Photo: Anil Menon, EY MENA Head of M&A and Equity Capital Markets Leader According to the EY MENA M&A Insights 9M 2024 report, the MENA region witnessed an increase in merger and acquisition (M&A) activity with a total of 522 deals amounting to US$71.0b. When compared to the same period in 2023, deal volume this […]
Investcorp appoints Mashaal AlJomaih as Chief Executive Officer of Saudi Arabia
Investcorp, a leading global alternative investment firm, is pleased to announce the appointment of Mashaal AlJomaih as CEO of Investcorp Saudi Arabia. Mr. AlJomaih previously held the role of Managing Director within Investcorp Private Wealth and Deputy CEO of Investcorp Saudi Arabia, based in Riyadh. Mr. AlJomaih joined Investcorp in June 2022, bringing over 20 years […]
Merak Capital launches Exel By Merak to empower gaming startups as global leaders
Merak Capital, a leading technology-focused investment firm, launched its 306 million Saudi Riyals gaming fund and gaming accelerator, aimed at empowering the next generation of gaming startups. The launch event, held on November 17, 2024, at VOV Gaming Centre in Riyadh, showcased the impactful potential of this groundbreaking initiative. Exel By Merak will help early-stage […]