ADA, a label of the Warner Music Group, inked a global distribution deal with Platinum Records, a Dubai-based record label. This is Warner’s first regional deal which will bring Platinum Records’ physical and digital music to a global audience. The deal first went into effect last December when Platinum Records launched its Arabic catalog and… Continue Reading
Category Archives: Dubai
S&P Appoints New Managing Director
Hadi Melki, former regional business leader at Thomson Reuters, was appointed to head the independent credit ratings provider S&P Global Ratings. He will act as the new managing director and regional head for the company’s Middle East business, which is headquartered at the Dubai International Financial Center. Melki spent 20 years at Thomson Reuters, before… Continue Reading
Trump Brand Selling Homes in Dubai
Two of President Donald Trump’s sons did the groundwork for increased sales in February when they visited Dubai to open a luxury golf course under the Trump brand. Then in May the President himself visited the Middle East on his first trip outside the US since his election. Upon Trump’s arrival to the region he… Continue Reading
US Companies Planning Trade Mission to Middle East
The Mississippi Development Authority is planning a trade mission to the Middle East at the end of March for a at least 15 companies looking to expand their businesses to countries in the region ready to establish new partnerships. The mission will be visiting Jordan and Dubai, said MDA Executive Director Glenn McCullough Jr. He… Continue Reading
Abu Dhabi and Dubai Ranked Among Middle East’s Most Sustainable Cities
Achieving the rank of 52nd out of 100 of the World’s Most Sustainable Cities, Dubai was also ranked first among the eight cities on the list from the region. The list was compiled by Arcadis, a construction consultancy company, and compiled by the Centre for Economic and Business Research. Abu Dhabi came in second of… Continue Reading
Mondelez Restructuring Sending Workers to Singapore and Zurich
Due to global restructuring, the giant snack/candy manufacturer Mondelez will be reducing its Dubai presence over the coming months. The goal will be to reduce its international structure down from five world regions to only four. Mondelez is the company behind such popular treats as Oreo biscuits and Cadbury Dairy Milk. The region that will… Continue Reading
Barclays to Cut 150 Jobs in Dubai
The downtown Dubai offices of Barclays Plc in Emaar square are closing due to worldwide overhaul in structuring of the giant lending institution headquartered in the U.K. Approximately 150 people will be fired, while others, such as bankers and support staff, will be move to Barclays’ office at the Dubai International Financial Center. The corporate… Continue Reading
Yahoo Leaving Dubai
Yahoo will be closing down its last office in the Middle East in April 2016. The US internet giant’s Dubai office is the last one which remained open since its offices in Amman and Cairo closed in 2014. Yahoo entered the Middle East Market in 209 when it purchased Maktoob, a Jordanian-based company for $164… Continue Reading
Majid Jafar to Speak at Annual World Economic Forum in Dubai
High on the agenda for the delegates at this year’s World Economic Forum summit are income parity and employment in the Middle East. The Summit on Global Agenda, taking place from November 9-11, 2014 in Dubai, will feature over 1,000 delegates. Included among them are international leaders such as Al Gore, Gordon Brown and Jose… Continue Reading
Panasonic Boosting Middle East Market Share
Shinichi Wakita, managing director of Panasonic Marketing Middle East and Africa told reporters at the Gitex event in Dubai that the Japanese consumer electronics giant is aiming to double their penetration in the MENA market in the next few years. Wakita admitted that Panasonic has been facing fierce completion lately in this market, eating into… Continue Reading