Gulf Capital, a leading thematic Private Equity firm investing across the Middle East and Southeast Asia, announced the successful completion of its exit from CHO Group, a fully-integrated producer and global exporter of olive oil and the largest operator in North Africa. This investment reflects Gulf Capital’s strategy of increasing its investments in food security
The Saudi Electricity Company (SEC) and Bahri, the global leader in transport and logistics, have signed a Memorandum of Understanding (MoU) to enhance cooperation across their supply chain operations. The signing took place on the sidelines of the Supply Chain Conference running from 16 to 17 October 2022 at the Four Seasons Hotel, Riyadh under
Jingle Pay, a financial super-app that provides money services in the Middle East, North Africa and Pakistan (MENAP) region, has entered into a strategic partnership with Arab Financial Services (AFS), the leading digital payments solutions provider and Fin-Tech enabler in the Middle East and Africa (MEA). Jingle Pay and AFS will join forces to deliver unique digital payments and exceptional customer experience in the
Vezeeta, the champion of health-tech innovation in emerging markets, has raised new funding to fuel its growth plans, and fund imminent M&A deals in MEA, powered by long-time partners and investors – Abu Dhabi-based Gulf Capital and Sweden-based VNV Global. After reaching profitability, Vezeeta is now set to spearhead its expansion into new products and
Marriott International, Inc. announced plans to debut the Fairfield by Marriott brand in Europe and the Middle East by late 2023. Fairfield is the second largest brand within Marriott Bonvoy’s extraordinary portfolio of 30 hotel brands, with a global footprint of more than 1,230 open hotels. Fairfield celebrates the beauty of simplicity with an effortless
Arab Fashion Council, the organizer of Arab Fashion Week, together with Yugen PR, Dubai’s leading PR and Events Management company, announces Evlin Khalifa, the newly crowned Miss Universe Bahrain, as the official show opener for the new season of Arab Fashion Week. The 24-year old pianist and model from Riffa, who won last September 11,
In a significant step which connects two ancient cities, AlUla International Airport celebrated the arrival of flynas first direct flight between AlUla and Cairo yesterday October 6th, 2022. An arrival ceremony took place at AlUla airport with the presence of flynas, the Royal Commission for AlUla (RCU), and AlUla International Airport representatives. flynas confirmed that