EMSTEEL delivers AED 8.3 billion in revenue for 2024

Abu Dhabi, United Arab Emirates, 12 February 2025: EMSTEEL (ADX: EMSTEEL) (“the Group”), one of the largest publicly traded steel and building materials manufacturers in the region, announced today its preliminary (unaudited) financial results for Full Year 2024. The results highlight EMSTEEL’s ability to perform well whilst facing difficult market conditions.

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Scenes of Ramadan: The Flavours of Arabia at Paramount Hotel Dubai

February, Dubai, UAE – This Ramadan, the curtain rises on an experience like no other as Paramount Hotel Dubai presents Scenes of Ramadan: The Flavours of Arabia. True to its Hollywood heritage, Paramount Hotel Dubai reimagines the traditional Iftar as a star-studded production, where every dish, every detail, and every moment plays a leading role in a story of connection, tradition, and cinematic glamour.

Drawing inspiration from 22 iconic Paramount stars, each representing excellence and creativity, the culinary experts at The Stage Restaurant crafted and handpicked 22 signature dishes that celebrate Ramadan’s rich traditions while introducing innovative twists. [JD1] 

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Americana Restaurants reports $2.20 billion revenue in 2024,  highlighting business resilience

  • Reported Revenue of $2.20 billion and Adjusted EBITDA of $484.3 million, resulting in a healthy EBITDA margin of 22.0%
  • Net profit attributable to the shareholders of the Parent Company stood at $158.8 million
  • Americana Restaurants opened 213 gross new stores; total 2,590 restaurants in operation as of 31 December 2024

Abu Dhabi and Riyadh, 12 February 2025: Americana Restaurants International PLC and its subsidiaries (“Americana Restaurants” or the “Company”) (ADX symbol: AMR/ ISIN: AEE01135A222) (Saudi Stock Exchange symbol: 6015), the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa (“MENA”) and Kazakhstan, today announced financial results for the twelve months ending December 31, 2024. Despite evolving market conditions, the Company displayed strong financial and operational resilience.

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Globant partners with Red Sea Global to Reinvent Sustainable Luxury Tourism Experiences in Saudi Arabia

  • Globant and Red Sea Global collaborate on a pioneering project that integrates luxury and ultra-premium tourism experiences within a unique sustainable ecosystem.
  • The Connected Visitor Experience aims to revolutionize luxury travel using AI, IoT, and data analytics, setting a new benchmark for personalized travel experiences.

RIYADH – February 12, 2025—Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, has partnered with Red Sea Global (RSG) to create a cutting-edge digital program designed to transform the connected visitor experience at one of Saudi Arabia’s most ambitious tourism destinations.

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stc Group receives global recognition for procurement excellence from CIPS


The certification recognises stc Group’s leadership in procurement and supply chain management

Riyadh, Saudi Arabia; February 11, 2025: stc Group, a leading digital enabler, has been awarded the globally recognised CIPS Procurement Excellence Certification by the Chartered Institute of Procurement & Supply (CIPS), reaffirming its position among an elite group of global leaders in procurement and supply chain management.

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