Monday 27 April 2015
 
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IFA

Mideast's first Delano resort to debut in Dubai

Morgans Hotel Group, a global leader and innovator in 'Creative Class' boutique hotels, today announced its partnership with IFA Hotels & Resorts (IFA HR) to bring the Delano brand to the Middle East with Delano Dubai.

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Severin launches new fully-automatic coffee machines

Severin is adding to its Piccola range of fully-automatic coffee machines, and will be launching two models at IFA 2014. The model Severin Piccola Semplice, is aimed specifically at lovers of the pure Espresso flavour, while the t

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EFG Hermes appoints independent financial advisor

EFG Hermes, a leading investment bank in the Arab world, has appointed HC Securities and Investment as the independent financial advisor (IFA) to opine on the fair value of the stock and the fairness of the offer.  

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Samsung unveils new UHD Oled TV

Samsung Electronics showcased both the flat and curved formats of its Ultra High-Definition (UHD) Oled TV at the recent IFA 2013, the largest consumer electronic trade show in Europe.   The UHD Oled TV is a proof

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Kuwait group seals Saudi retail store deal

MS Retail (MSR), a top developer of specialty retail and entertainment stores in Kuwait, has inked a SR80 million ($48 million) deal with Abdul Mohsen Al Hokair Company for Tourism and Development to open its flagship stores in Saudi Arabia.

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IFA, KREC, John Buck to develop Yotel brand

IFA Hotels & Resorts (IFA) and Kuwait Real Estate Company (KREC) have partnered with The John Buck Company to develop more than $650 million worth of Yotel hotels in North America over the next three to five years. The partnership will

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New firm to invest in Saudi power sector

A group of Saudi investors have set up a company with a capital of SR400 million ($106.66 million) to invest in the filed of power generation and distribution, a report said. The Eastern Province-based company has signed a series of deals

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World fertiliser demand to rise 3pc in 2011/12

World demand for fertilisers will rise again this season to hit a new record level, driven by growth in emerging economies and strong fundamentals in agricultural markets, the International Fertiliser Industry Association (IFA) said. Ferti

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Franchising expo opens in Dubai

Franchising Middle East (FME), a leading exhibition for the franchise sector in the Middle East region, kicked off on Tuesday at Dubai International Exhibition Centre. Abdullah Tayyeb Qassem, senior vice president (Venues), Dubai World Tra

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IFA Hotels profits soar 130pc

IFA Hotels & Resorts (IFA HR) has reported a profit of KD15.01 million ($ 56.41 million) for the first quarter of its financial year, an increase of 130 per cent compared to the same period last year. Earnings per share increased by 13

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