Author: Mahdeehassan

Ain Sokhna, Egypt – DP World Egypt marked a significant milestone last week with the arrival of the Energos Eskimo at Ain Sokhna Port, spearheading a series of three strategic maritime operations that highlight the port’s expanding role in advancing trade, energy and tourism throughout Egypt and the wider region. The vessel, a Floating Storage Regasification Unit (FSRU) operated by New Fortress Energy (NFE), has docked for a series of specialised technical upgrades, including modifications to its high-pressure gas manifold. These enhancements are part of its preparations for a forthcoming call at SUMED Port, where it will begin injecting natural gas into Egypt’s…

Dubai, UAE: Pulse iD and Loylogic have announced a strategic partnership to reshape how banks, fintechs, and merchants drive customer engagement through loyalty. By bringing together Pulse iD’s AI-powered personalization and real-time engagement technology with Loylogic’s global reward experiences and marketplace infrastructure, the collaboration creates a next-generation loyalty offering built for the digital-first consumer. Pulse iD enables real-time, context-aware interactions through card-linked offers, location-based triggers, and behavioral AI. Loylogic complements this with deep capabilities in loyalty commerce, including merchant-funded rewards, global fulfillment, and access to a diverse catalog of over 10 million rewards—ranging from merchandise and gift cards to experiences…

Jakarta, Indonesia – EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, today announced the development of a next-generationAI-powered data center in Jakarta, Indonesia, its second in the market. This milestone project marks one of Southeast Asia’s largest AI-dedicated developments, with a future projected capacity of 144 MW and a total investment of US$ 2.3 billion. Following the land acquisition completed in March 2025 by DAMAC, the site has entered early construction phases, with the facility’s phase one expected to be ready for service by December 2026. The Jakarta…

Dubai, United Arab Emirates – COIMA SGR, a leader in the investment, development and management of real estate assets on behalf of institutional investors, has finalised an agreement with lenders to purchase 100% of the legacy debt on the historic Grand Hôtel des Bains, in a move that paves the way for the full restoration of the landmark hotel on the Lido di Venezia with over 180 keys originally. Partnering with COIMA, Eagle Hills’ entry into Italy marks a strategic progression of its growing European footprint and reinforces its long-term position of revitalizing iconic destinations through world-class hospitality. This hotel adds to…

Dubai, UAE: As part of its strategic expansion across the Northern Emirates, ENOC Group, a leading integrated global energy player, in collaboration with Sharjah Police and Sharjah Asset Management, has expanded Tasjeel, the UAE’s first and largest vehicle testing and registration service provider, with the opening of three new sites in Sharjah. Strategically located in Al Madam, Souq Al Haraj, and Industrial Area 4, the three sites reinforce the Group’s commitment to road safety while enhancing Tasjeel’s mission to provide motorists across Dubai and the Northern Emirates with more accessible and efficient services. Tasjeel is now operating 16 sites in Sharjah,…

Manama, Bahrain – This week’s BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%. The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is 19th June 2025, and the maturity date is 18th June 2026. The weighted average rate of interest is 5.28% compared to 5.12% of the previous issue on 22nd May 2025. The approximate average price for the issue was 94.936% with the lowest accepted price being 94.731%. This is issue No. 129 (ISIN BH000X45Z109) of Government…

Dubai, UAE: In a city where luxury is a lifestyle and heritage is held in the highest regard, a new name has arrived – not with noise, but with unmistakable presence. MAIA by Nicola Morris, one of the most exclusive sources for collectible and limited edition Hermès handbags, has officially launched in the Middle East. From rare Birkins and archival treasures to sought-after classics in hard-to-find or seasonal colours, MAIA offers a private and highly personal experience for collectors, connoisseurs and cultural tastemakers alike. The woman behind MAIA, Nicola Morris (née Robinson), is more than a curator, she is a custodian…

Bangkok, Thailand 16 June 2025 – Central Chidlom, the flagship store of Central Department Store Group under Central Retail, proudly unveils its newly transformed destination as ‘The Store of Bangkok’ – an exceptional luxury shopping experience designed for international visitors and discerning Middle Eastern travellers. Located in the heart of Bangkok’s premier shopping district, Central Chidlom sets the standard for luxury retail by seamlessly combining world-class international brands with exquisite Thai craftsmanship. The destination provides exceptional convenience with direct access to Chit-Lom BTS Skytrain station and proximity to Bangkok’s most prestigious five-star hotels, renowned restaurants, and iconic cultural landmarks. A…

Under the patronage of His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, and in the presence of Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Tourism Development, Ajman is all ready to host the 58th Asian Fitness and Bodybuilding Championship for the first time from June 15 to 17, 2025, at the Emirates Hospitality Centre. This championship will feature more athletes from 23 Asian countries, marking a significant milestone in Ajman’s sporting history. Along with the prestigious championship, the Emirate will also host the Asian Bodybuilding Federation’s Annual…

The Dubai Government Human Resources Department DGHR has signed a Memorandum of Understanding with Dubai AI Campus, a DIFC initiative and the largest dedicated hub for AI companies in the region, to advance the development of human capital and future-proof the workforce across both public and private sectors. The key objective of this agreement is to enhance local capabilities in line with the rapid advancements in the field of artificial intelligence (AI) both regionally and globally. This strategic agreement is designed to facilitate collaboration in the development and delivery of dedicated training and educational programs that equip individuals to use…