OPEC and its allies agreed Thursday to keep current production cuts until further review in December, with the Kingdom of Saudi Arabia pledging to further strengthen its voluntary production adjustment to 9.890 million bpd in October. Iraq and Nigeria have pledged further cuts. This came during OPEC’s 16th Joint Ministerial Monitoring Committee, JMMC, meeting held
flynas, the Saudi national air carrier and leading low-cost airline in the Middle East, has announced launching its new direct international flights to Lucknow and Calicut in India starting from 15th of October 2019, as part of its global expansion plan in 2019. This step will raise the number of flynas’ destinations in India to
Over 200 key industry leaders gathered from across the MENA, witnessed path-breaking insights unfold across two-power packed days at the 2nd Annual Corporate Restructuring Summit (CRS 2019). Convened by Middle East Global Advisors, a leading financial intelligence platform spearheading the development of knowledge-based economies in the MENASEA markets, The Corporate Restructuring Summit 2019 – the
Dentons has launched an innovative CSR project to commemorate the 50th anniversary of its Dubai and Abu Dhabi offices. Named the ’50 for 50′ Challenge, the initiative aims to inspire all members of the Firm’s Middle East offices to give back to their local communities by dedicating time or resources to any number of 50
Marking the back-to-school season, Arabian Automobiles, the flagship company of AW Rostamani Group, and the exclusive distributor for Nissan, INFINITI, and Renault vehicles in Dubai, Sharjah, and the Northern Emirates, has announced limited-period, exclusive offers across the full line-up of Nissan, Renault, and INFINITI vehicles. Owning a Nissan car is now double the delight as
The Stevie® Awards, known widely as the ‘business Oscars’, has reached an agreement for a strategic partnership with Ras Al Khaimah Chamber of Commerce and Industry (RAK Chamber) for the first annual Middle East Stevie Awards to be held in Ras Al Khaimah in February 2020. The Middle East Stevie Awards will recognize innovation in
The UAE continues to strongly advocate equality and champion inclusion in the Year of Tolerance, which has also helped set the stage for a compelling narrative around gender parity. Women are increasingly being called upon to play an equal role in advancing progress and economic development, with the new government mandate to ensure 50 percent female representation in the
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