Business & Investments

Americana Restaurants Delivers $2.41 Billion Revenue in FY 2023, Reflecting Stability and Growth

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Americana Restaurants Delivers $2.41 Billion Revenue in        FY 2023, Reflecting Stability and Growth

  • Revenue for FY 2023 reached $2,413.1 million resulting in Adjusted EBITDA margin of 22.8%
  • Gross capex amounted to $167.9 million, supporting scale-up of brands
  • Americana Restaurants opened 300 gross new stores (252 net new stores) in line with its commitment to expansion

UAE, Abu Dhabi 15 February 2024: 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, 2023. Amid evolving market dynamics, the company demonstrated financial and operational resilience, positioning itself for continued growth.

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Real Estate

-آى بي للتطوير العقاري تقدم رؤيتها لسكن مستدام في دبي بإطلاق مشروعها “آى بي كافيلير”

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-آى بي للتطوير العقاري تقدم رؤيتها لسكن مستدام في دبي بإطلاق مشروعها “آى بي كافيلير”

2-“آى بي للتطوير العقاري” تطلق مشروعها “آى بي كافيلير” لمعيشة مستدامة في دبي

دبي، الإمارات العربية المتحدة – أطلقت شركة آى بي للتطوير العقاري مشروعها “آى بي كافيلير”، وهو مشروع تطوير مبدع مصمم لتلبية الاحتياجات المتغيرة لملاك المنازل الحديثة، في خطوة مبتكرة ستعيد تعريف الحياة المستدامة في دبي. ويعزز هذا المشروع مكانة شركة “آى بي للتطوير العقاري” كشركة رائدة في مجال التطوير العقاري المستدام، كما يعد خطوة كبيرة نحو بناء مجتمعات حيوية وصديقة للبيئة.          

بفضل التزامها طويل الأمد ببناء مساحات معيشة مستدامة وخبرتها الواسعة، تعد  “آى بي للتطوير العقاري” بنهج مبتكر للحياة المجتمعية من خلال  “آى بي كافيلير”.

قال بديع واصف، الرئيس التنفيذي لشركة “آى بي للتطوير العقاري” : “مهمتنا تتجاوز مجرد البناء؛ فنحن نهدف إلى إنشاء مجتمعات عمرانية يشعر بدفئها  السكان ، حيث تمتزج الفخامة مع الاستدامة”.

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Technologies

HONOR Announces the Official Availability of the Long-Awaited HONOR Magic V2

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HONOR Announces the Official Availability of the Long-Awaited HONOR Magic V2

Put your hands on the thinnest and lightest foldable with powerful 5000mAh battery, super-light titanium hinge for exceptional durability, eye comfort features

[Dubai, UAE – 12 February 2024] Global technology brand HONOR today announced the official availability of the highly awaited HONOR Magic V2 in the UAE. After the huge success of the preorder phase, the open sale is now in full force. The thinnest and lightest foldable phone HONOR Magic V2 comes with a wide range of powerful specs, including the ultra-slim 9.9mm design, revolutionary 5000mAh HONOR Silicon-Carbon Dual Battery, alongside the groundbreaking 0-risk eye comfort display with 3840Hz PWM Dimming and more.

“It’s a great moment for us as the HONOR Magic V2 officially hits the UAE market, following a highly successful pre-order campaign. The positive response from our customers has been incredible, and we are confident that the device’s availability will continue to build on this success.” Mr. Mafeijian (Mr. House), CEO of HONOR GCC.  “As users get their hands on the HONOR Magic V2, they’ll discover a device that not only meets but exceeds their expectations, setting new standards in the world of foldable phones.”

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Featured

‘Spreading Joy’ -Joy Alukkas Presents Autobiography to British Parliamentarians

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‘Spreading Joy’ –Joy Alukkas Presents Autobiography to British Parliamentarians

London, UK, February, 2024 – Visionary Indian entrepreneur and jewellery mogul, Joy Alukkas, recently presented his autobiography ‘Spreading Joy’, to a distinguished gathering of Members of Parliament at the British Parliament. The event, organised by the British South India Council of Commerce (BSICC), took place at Grimond hall in the UK Parliament, London and showcased Joy Alukkas’s remarkable journey in the jewellery industry.

Mr. Joy Alukkas, Chairman and Managing Director of the Joyalukkas Group, was warmly received by several MPs, including Martyn Day, Virendra Sharma and Stephen Timms, who recognised the significance of his visit in fostering economic and cultural exchange, between India and the UK. Baroness Uddin also graced the event, representing the Bangladeshi community and adding to the diversity of attendees.

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Technologies

MENAT Youth Mental Health Summit

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TikTok Highlights Importance of Media Literacy and Youth Well-Being in MENAT Youth Mental Health Summit

Dubai, United Arab Emirates – 14 February 2024: TikTok MENAT recently hosted an enlightening discussion with safety experts from across the region, delving into topics such as youth well-being, media literacy, and critical thinking skills in today’s digital landscape. The event, hosted on 13 February at Warehouse 4 in Al Qouz, Dubai moderated by Omar Butti, served as a platform for valuable insights into the influence of digital communities on the mental health of the upcoming generation and strategies to engage with social media content in a meaningful and critical manner.

The first panel named “Equipping Young Digital Citizens with Media Literacy and Critical Thinking Skills” attended by Lynn Sutton, TikTok’s Head of Outreach & Partnerships, Trust & Safety EMEA, as well as TikTok’s Safety Advisory Council members Naila Hamdy and Akin Unver. Together, they delved into the significance of media literacy, particularly for younger audiences, emphasizing the need for informed conversations about safety and the ability to respond appropriately to crises.

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