As the Middle East’s F&B industry continues to evolve, restaurants are increasingly turning to technology to enhance efficiency, reduce costs, and elevate customer experiences. Advanced tech solutions such as cloud-based restaurant management systems and point-of-sale solutions are reshaping how restaurateurs manage operations and boost profitability in a highly competitive market. Foodics, a Saudi-born leading restaurant
The Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE dirhams, amounting to AED 1.1 billion. This issuance is part of the Islamic T-Sukuk issuance programme for the
Global hospitality technology company OYO has reported 261% year-on-year growth in New Year’s Eve bookings across the Gulf Cooperation Council (GCC) countries, that includes the UAE and Saudi. Dubai emerged as the most popular destination with Bur Dubai recording the highest surge in bookings, with 208% YOY growth, followed by Jumeirah. Sunday Holiday International Hotel
All nine Middle Eastern brands in the world’s top 500 are growing in brand value, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. Aramco remains the region’s most valuable brand at USD41.7 billion, though its growth has been the smallest among Middle Eastern brands, signalling a narrowing gap. ADNOC, the Middle East’s second
Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services, and tax consultancy, announced its acquisition by Ascentium, a Singapore-based global business services platform supporting over 20,000 active clients across 25 cities and nine markets in the Asia Pacific (APAC) region. This pivotal acquisition—which includes Virtuzone’s sister companies Taxready.ae, Next Generation Equity, and
Viu, PCCW’s leading pan-regional OTT video streaming service, is starting the year strong with two new Arabic-dubbed Korean titles, further cementing its position as the go-to platform for Korean entertainment in the Middle East and North Africa (MENA) region. Family by Choice, the immensely popular series that accounted for 40% of Viu’s total Korean content
The population of the six GCC countries reached 57.6 million in 2023, compared to 56.6 million in 2022. Males accounted for 62.4% of the total population, while females made up 37.6%. The report also indicates that the population density was 23.9 people per square kilometre, with the total area of the GCC countries amounting to
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