Americana Restaurants has inked an exclusive franchise agreement with Greek lifestyle brand Carpo renowned for its nuts, artisanal chocolates and refined coffee. As per the deal, Americana will be able to build, operate Carpo stores in Kuwait and Qatar.
Qatar said it has shut down airspace temporarily as part of measures taken amid developments in the region, a statement by the Qatari foreign ministry said on X. It said the move comes to ensure safety of residents and visitors.
Among world’s youngest regions, Middle East is at the forefront of a generational shift in workforce values, prioritising financial stability and mental well-being over traditional markers of success such as climbing the corporate ladder, said a report.
Jadwa, a leading investment management and advisory firm in the region, said it has acquired a majority stake in Makhazen Alenaya, a fast-growing Saudi retail concept, through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund.
Visa has announced the appointment of Tareq Muhmood as its new Regional President for Central and Eastern Europe, Mideast and Africa (CEMEA). In this role, he will be responsible for leading operations across over 86 innovative and fast-growing markets.
UAE-based Azizi Developments has sealed a partnership deal with Thomsun Industries, a UAE-based supplier of site support solutions, for delivery of a comprehensive range of support services across its projects in Dubai South, Sports City and Al Furjan.
Global imaging and print solutions leader Canon has appointed Deepali Arora as its new human resources director for the Central and North Africa region. Based in Dubai office, she will be responsible to lead HR function across six offices in Africa.
Dubai Investments, a leading diversified investment company in the UAE, has announced strong year-on-year growth across its glass manufacturing portfolio under Glass LLC, with the total production surpassing 14.8 million sq m in 2024.
Saudi-based Diriyah is launching a new marketing initiative at one of London’s top most locations to showcase its key 14-sq-km City of Earth urban development project. The Diriyah House Experience Center will be hosted at One Hyde Park in Knightsbridge.
The Central Bank of Bahrain has promoted 12 executives to senior roles under its new organisational structure - with women accounting for more than half of the appointments, in a significant step toward gender inclusion in the kingdom's financial sector.