Sharjah budget carrier Air Arabia has announced that its consortium comprising Saudi entities Nesma Group and KUN Holding has won approval from the General Authority of Civil Aviation (GACA) to start a new low-cost airline in the kingdom based at Dammam.
El Gamal Group has joined hands with global hospitality group BWH Hotels to develop a four-star property under the Best Western Plus brand in Giza, Egypt. The 100-key hotel will be designed to the latest international standards along with key facilities.
Saudi Arabia has unveiled the master plan for three key airports - King Fahd International (KFIA), Dammam, Al Ahsa and Qaisumah International Airport, said a report. On expansion, the KFIA will be able to welcome 19.3 million passengers annually by 2030.
Citibank Bahrain has announced the expansion of its global technology hub in capital Manama, adding a state-of-the-art floor to its facilities. This comes in line with its target to allocate 1,000 coding jobs over a 10-year period for the Bahrain hub.
The Bahrain Technology Companies Society (BTECH) said it has signed an agreement with WorkSmart Events Management to co-organise the 13th edition of the MEET ICT Conference and the Bahrain International Technology Exhibition (Bitex) in November.
New Murabba, a leading Saudi developer, has inked a deal with Korean architects and planners Heerim to explore innovative architectural overlays that complement its master plan with special emphasis on anchor assets, linear parks and smart city features.
Eazy Financial Services, a leading Bahraini financial institution specialising in POS, has sealed a strategic partnership with Tamara, a pioneer in Buy Now, Pay Later (BNPL) model, in a move aimed at powering seamless payment solutions across the GCC.
stc Bahrain is launching its groundbreaking travel app - voya - that demonstrates the company’s commitment to delivering innovative solutions for global travellers. voya will offer a range of features designed to simplify connectivity while travelling.
The Federal Reserve will hold rates steady this month, but fresh inflation data has increased pressure for a cut sooner than expected, said an expert. The May CPI showed that core inflation rose by 0.2% m-o-m, with the y-o-y rate edging up to 2.9%.
Leading Egyptian developer Sodic said it is gearing up for the opening of The Tribute Portfolio Hotel by Marriot International, a premium luxury hospitality property within June, its Miami-inspired beachfront destination on the country's North Coast.
