Tumodo reports Mena business travel trends in Q1 2026, with January up 5%, February surging 20%, and March slightly lower but above January. Overall bookings matched Q4 2025, with potential 25% growth absent disruptions conflict.
Saudi Energy and Kraken signed agreements to form a Riyadh-based joint venture, accelerating digital transformation across energy and utilities in Mena, leveraging Kraken’s AI-powered operating system for utilities.
Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities.
The Captains Club, the MENA's first and largest premium boat club with an operational presence across 24 locations in the UAE and the GCC, has made a landmark investment of AED25 million ($6.81 million) to expand its fleet by 70 boats, bringing its total fleet to over 300 vessels.
Global air cargo rates have continued to rise strongly as stakeholders adjust to the dynamic and highly challenging conditions following the military attacks on Iran by the US and Israel, and Iran’s retaliatory strikes on targets in the region, said a report.
Talabat Holding, a leading on-demand online ordering and delivery platform in the Mena region, has announced that its board has recommended a share buyback programme of up to 5% of the company’s issued share capital, to be executed over a period of up to two years.
Kerten Hospitality kicks off 2026 by signing 1,000 new keys, following a record 2025 with a 55% revenue increase, 69% GOP growth, and 44% higher management fees. The group accelerates expansion across the Middle East, Africa, and other high-growth markets, highlighting strong investor demand.
Radisson Hotel Group closed 2025 with record development momentum across the Middle East and Northeast Africa, reinforcing its growth strategy in priority markets. Over the year, the Group signed more than 3,200 keys and opened 1,300, accelerating expansion in Saudi Arabia, the United Arab Emirates, and Egypt while building a robust pipeline for 2026 and beyond.
TASC Group, a leading workforce, people advisory, corporate compliance and AI-led business solutions company in the Middle East and North Africa, has appointed Jayajyoti Sengupta as its new Chief Executive Officer. He takes over the role from its Founder Mahesh Shahdadpuri who has been named its Executive Chairman.
The American Accreditation Commission International (AACI), a premier organisation providing healthcare accreditation and clinical excellence certification, has announced the appointment of Dheeraj Khatore as its new Regional CEO for the Middle East and North Africa.
