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Saudi Crown Prince Launches Master Plan Of SAR75 bn Jeddah Central Project

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Board of Directors of the Public Investment Fund and Chairman of the Board of Directors of Jeddah Central Development Company, has launched the master plan and main features of the Jeddah Central Project (previously known as

CNN Explores The Resurgence Of The Airline Industry In The Middle East

In this month’s episode of Marketplace Middle East, CNN’s Jomana Karadsheh and Salma Abdelaziz explore how airlines in the Middle East are recovering from the effects of the pandemic and how the industry is aiming to return with a focus on sustainability. The Covid-19 pandemic has been one of the biggest challenges the airline industry has faced. As new variants threaten

Celebrating Swarovski’s First Winter Wonderlab In The Middle East

Swarovski recently hosted its very first Winter Wonderlab event to celebrate its festive campaign, “Give the Gift of Wonder”. As part of its new transformation, which was launched earlier this year, the brand revealed its world of wonders with Collection I &IIby Creative Director, Giovanna Battaglia Engelbert. The Winter Wonderlab was attended by several well-known

Mastercard and ProgressSoft Partner To Simplify Remittance Solutions Across Middle East And North Africa

Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East and North Africa. With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection. Furthermore, these

ICAEW: UAE Economy Set To Fully Recover From Pandemic Losses In 2022

The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, reveals the UAE economy is close to fully recovering losses brought about by the pandemic and last year’s energy price slump. Higher oil output, loosening of COVID-19 restrictions and the recent start of the delayed Expo 2020 Dubai

GMG Extends Nike Partnership To Egypt And Iraq

GMG—a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors—has announced that the company will have the official rights to manage, distribute,and retail the Nike brand in Egypt and Iraq starting in Q3 2022 through its sports vertical, GMG Sports. The expansion of

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