Profit was hampered by a weak top line that saw RevPAR down 7.4% YOY, pulled down by a 9.9% YOY decrease in average rate, even amid a 1.9-percentage-point uptick in occupancy.
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Proving an outstanding year for entrepreneurship, 2019 saw Saudi Arabia’s startups attract $67 million worth of investments, a new report shows. This is an increase of 35 percent from 2018.
Dubai real estate transactions have grown 260% in the past 11 years.
The agreement will see Middle East Airlines place their ‘ME’ code on Gulf Air flights on the Beirut-Bahrain-Beirut route.
Beehive, MENA's first regulated peer to peer lending platform, has released an insightful new report revealing the state of MENA's SME ecosystem.
Pegasus Airlines is committed to promote gender diversity as one of the first airlines in the world to have signed IATA’s ‘25by2025 gender balance pledge, an initiative for IATA member airlines to improve female representation in the industry by 2...
Spanning Ericsson 5G Radio Access Network (RAN) and 5G Core products and solutions, Zain Bahrain aims to enhance the digital lives of people, enterprises and industries in the country via its 5G network.
Pio-Tech the leading provider of Banking Business Intelligence and Performance Management Solutions in the Middle East and East Africa announced the successful completion of Bank-BI® AML project, which went live recently at People’s Bank of Zanzibar.
Pio-Tech, the leading provider of banking business intelligence and performance management solutions in the Middle East and Africa regions, served as the Silver Sponsor of the leading summit on Financial Services Innovation and Excellence “Finnove...
Alaris, a Kodak Alaris business, successfully hosted its Middle East Partner Conference October 2nd– 3rd, 2019 in Dubai. 70 partners from 20 countries across the region attended the event, which was held aboard the historic Queen Elizabeth 2 (QE2)...
The industry pioneers’ combined efforts have resulted in protecting thousands of SMBs as they work to address the increasing demand for proven security solutions in the United Arab Emirates (UAE) and other regions supported by the Etisalat Group.
Pio-Tech, a System Integrator, and Business Solutions Provider announced a new partnership with Huawei. The new partnership will bring growth and innovation in banking and financial industry by enabling Pio-Tech to run its exhaustive business solu...
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