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In "BUSINESS"
May 01, 2019
OPEC cut extension to keep Brent above $70 in Q2
DUBAI — Warwick Hotels & Resorts (WHR), a global hospitality company, present in 25 countries around the world, announced its expansion plans Wednesday at the Arabian Travel Market (ATM) for the Middle East and North Africa (MENA) region. Accelerating its expansion across the area, the group has set an ambitious target of 25 hotels representing 2,500 room by 2025. The company currently operates 16 hotels in the MENA region spread across Saudi Arabia, Qatar, Turkey and Lebanon, both in 4- and 5- star categories. In addition, it has a strong development pipeline with six new properties coming up in Saudi Arabia, Dubai, Bahrain and Lebanon.
Jamal Serhan, Senior Vice President and CEO MENA, Warwick Hotels & Resorts (WHR), said: “We are focused on expanding our presence in the GCC in the...
May 01, 2019
Warwick plans 25 hotels in MENA by 2025
May 01, 2019
Middle East carriers attract more premium long-haul, low-cost traffic
May 01, 2019
Hospitality Management Holding participates at ATM 2019
May 01, 2019
CMA launches e-service to know details of assets of the dead
May 01, 2019
Smiths Detection offers reliable, accurate weapon detection
DUBAI —The leading robotic process automation (RPA) company, UiPath is blazing a path to an “automation first” era, closing its Series D investment round raising $568 million at a post-money valuation of $7 Billion, led by Coatue and joined by Dragoneer, Wellington, Sands Capital, and funds and accounts advised by T. Rowe Price Associates, Inc. Accel, who led the Series A and B rounds, and CapitalG and Sequoia who led the Series C round, all participated in this round, as did other existing investors, including IVP and Madrona Venture Group. At the $7 Billion valuation, UiPath is one of the fastest growing and highest-valued AI enterprise software companies worldwide.
UiPath closed its Series A funding in April 2017, and since then has expanded on its most important...
May 01, 2019
UiPath raises $568m Series D Funding Round
May 01, 2019
Makarem Hotels operates Sagryah Tower Hotel in Makkah
May 01, 2019
Posta Plus expands operations in US
RIYADH —LuLu, the top retailer in the Middle East, launched its new hypermarket in Riyadh, further expanding its presence in the Kingdom of Saudi Arabia.
The hypermarket which is 17th in the country and 169th globally, was officially inaugurated by Eng. Muhammed Abdullah Alaki, deputy mayor for Investment & General Supervisor for Financial & Administrative Affairs Riyadh, in the presence of Ibrahim Suwail, deputy governor of Saudi General Investment Authority (SAGIA), Ausaf Sayed, new Indian Ambassador to KSA, Yusuff Ali M.A., chairman of Lulu Group and other dignitaries.
Strategically located at The Roof Mall, a new shopping center in Riyadh’s Al Yasmin district on Abu Bakr Siddiq Road, the two-level hypermarket, which covers a conducive space of more than 357,000 square feet...
May 01, 2019
LuLu opens new hypermarket in Riyadh
