Travel & Tourism

Turkish Airlines Lounge Business honours once again

Leave a comment

Turkish Airlines Lounge Business honours once again  

UEFA Champions League memorabilia exhibit “The Starry Journey”

New themed display features items used by world-famous football stars including Lionel Messi, Karim Benzema, Cristiano Ronaldo and many others  

Turkish Airlines the first official airline partner of the UEFA Champions League, offers its Business Class passengers a unique journey to relive some of the most iconic moments from tournaments history.

Continue reading Turkish Airlines Lounge Business honours once again →
Business & Investments

Capital Bank Group and Thales Partner to Pioneer Middle Eastern Deployment of Cloud Instant Issuance

Leave a comment

Capital Bank Group and Thales Partner to Pioneer Middle Eastern Deployment of Cloud Instant Issuance

default

Capital Bank Group, a leading provider of personal and corporate banking services in Jordan, has taken a significant step towards its digital transformation by introducing the first-ever Middle Eastern deployment of Cloud Instant Issuance. In collaboration with Thales, a global leader in advanced technologies, Capital Bank Group aims to enhance the payment card issuance experience for its customers while driving the adoption of secure and efficient cloud-based solutions.

Continue reading Capital Bank Group and Thales Partner to Pioneer Middle Eastern Deployment of Cloud Instant Issuance →
Technologies

PwC Middle East and Microsoft launch AI Centre of Excellence

Leave a comment

PwC Middle East and Microsoft launch AI Centre of Excellence dedicated to upskilling Saudi engineering talent

  • PwC Middle East and Microsoft are strongly committed to developing local AI talent in Saudi Arabia

Riyadh, Kingdom of Saudi Arabia; 21 March 2024: PwC Middle East in Saudi Arabia and Microsoft have announced the launch of an artificial intelligence (AI) Centre of Excellence in Riyadh aimed at upskilling and scaling the AI capabilities of Saudi engineers and researchers. The launch of the centre, announced during LEAP 2024, supports the Kingdom’s community development and nationalisation agenda by nurturing next-generation talent in alignment with Vision 2030.

Continue reading PwC Middle East and Microsoft launch AI Centre of Excellence →
Business & Investments

AD Ports Group Acquires Majority Stake in Tbilisi Dry Port

Leave a comment

AD Ports Group Acquires Majority Stake in Tbilisi Dry Port

Purchase Agreement Strengthens the Group’s Role in the Middle Trade Corridor Connecting Asia to Europe

Abu Dhabi, UAE and Tbilisi, Georgia – 22 March 2024: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, today announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port, a new custom-bonded and rail-connected intermodal logistics hub in Georgia.

Continue reading AD Ports Group Acquires Majority Stake in Tbilisi Dry Port →
Business & Investments

Aster’s India and GCC business separation

Leave a comment

Aster’s India and GCC business separation and proposed investment by Fajr Capital-led consortium nearing completion

  • In November 2023, Aster DM Healthcare Limited announced its plan to sell the shares held by Affinity Holdings Pvt Ltd (“Company”), a wholly owned subsidiary of the Company in Aster DM Healthcare FZC to Alpha GCC Holdings Limited (“Transaction”).
  • The plan essentially was to separate Aster’s India and GCC businesses to unlock long-term value, with a Fajr Capital-led consortium to acquire a 65% stake in the Company’s GCC business. The separation plan is now nearing completion, with key regulatory approvals (including approval from Saudi Arabia’s General Authority for Competition) obtained and transaction milestones achieved.
  • Conditions Precedent outlined in the Sale and Purchase Agreement (SPA) are now complete
  • The Company’s business operations in Qatar have been brought under Aster DM Healthcare FZC
Continue reading Aster’s India and GCC business separation →

Interesting News Blog