French retailer Carrefour has outlined plans to sell its 25 per cent stake in a joint venture in the Middle East to local partner Majid Al Futtaim Holding (MAF) for US$682.45mn

Dairy product and foodstuff manufacturer Saudia Dairy and Foodstuff Company (SADAFCO) has announced the completion of the re-opening of its production facility in Dammam, Saudi Arabia

Middle East and North African ICT community Dubai Internet City (DIC) has launched the In5 innovation hub, which will be aimed at supporting the development of the ICT start-up ecosystem in Dubai

Qatar's state-owned Economic Zones Company (EZC) has embarked on a project to develop three economic zones in Doha and its suburbs

Marriott International, operator of The Ritz-Carlton and JW Marriott brands of hotels, has announced that it has US$3.5bn worth of real estate currently under construction in the Middle East and African region