Italian and Greek helicopter crews worked into the night to airlift passengers off a burning ferry adrift in the Adriatic Sea, battling darkness and bad weather that hampered rescue efforts by other ships throughout Sunday.
State-backed Italian and Qatari investors are to buy a €165 million ($205 million) stake in Inalca, expanding the Italian meat producer's overseas markets in the first such deal by the two investment partners.
Under the d
Bahrain-based Investcorp has acquired Italian protective clothing maker Dainese for an enterprise value of 130 million euros ($163 million), the alternative investment firm said in a statement on Wednesday.
Investcorp has bought t
Oman Oil Refineries and Petroleum Industries (Orpic) has won $100 million funding from Italian export credit agency SACE for its Sohar Refinery.
With this key funding, the Sohar refinery will be able to boost its production capaci
Anglo-Dutch oil and gas major Shell said it has agreed to sell its Italian retail and aviation business to Kuwait Petroleum International (KPI).
"The sale is consistent with Shell's strategy to concentrate Shell's dow
Jeddah’s renowned hotel Rosewood Corniche is set to host the Italian Food Festival, which will highlight Emilia Romania flavours.
The festival will run at the hotel’s Habsburg restaurant from January 15 to 30, said a s
Dubai is set to host an Italian food, drink and lifestyle event from November 7.
The fifth edition of the Italian Cuisine World Summit will be held in some of Dubai’s most prestigious Italian restaurants, said a statement.
Belgian-Italian brand Dirk Bikkembergs has opened its first store in the biggest shopping mail in the world, the Dubai Mall.
The store which measures 150 sq m, is located inside the Fashion Avenue, next to the most prestigious bra
Italy's passion for eating is world famous but more than half of Italians are now recycling food leftovers to prepare new meals as they try to save money and weather a year-long recession, a survey showed on Friday.