Author: dailyguardian.ae

Alpha Dhabi Holding PJSC and National Corporation for Tourism and Hotels (NCTH), the owner and manager of some of Abu Dhabi’s best-known hotels, have completed a strategic transaction which unites three of Alpha Dhabi’s hotel businesses within the NCTH portfolio. Alpha Dhabi has a 36.4% shareholding in National Corporation for Tourism & Hotels (NCTH), who have acquired 100% stakes in ADH Hospitality, Murban (BVI) Holding Inc., and Hill View Resorts – Seychelles. Under the transaction, which is subject to regulatory approvals, NCTH and Alpha Dhabi have bolstered their position as value creating businesses within the luxury segment of the hospitality…

In a battle of MVP candidates, Luka Dončić and the Dallas Mavericks head to Oklahoma City to take on Shai Gilgeous-Alexander and the Thunder tonight. Mavericks vs Thunder is about to kick off, at 10:00 p.m. ET, and will be televised nationally on TNT in the United States. If you’re looking to watch a live stream, there are a number of different ways you can do that, including some free options. The Best Way to Watch the Mavericks vs Thunder Live Stream If you want a couple of free options, we have those for you in the next section. If…

Enthralling light shows, sparkling fireworks displays, Ramadan-themed music performances, and joyful surprises will light up destinations across Dubai during the holy month of Ramadan. It is part of the #RamadanInDubai campaign hosted by Dubai Festivals & Retail Establishment (DFRE), and the citywide festivities will allow residents and visitors to experience the joy and magic of the season, with celebrations coming to every corner of the city up until Eid. Weekend fireworks With vibrant displays of light, the city will come alive every weekend during #RamadanInDubai. Enchanting fireworks displays presented by Al Zarooni Group will illuminate the skies at 10pm on…

A top Pakistani court on Thursday allowed Imran Khan to meet four lawyers of his party at the Adiala jail, days after the Punjab provincial government banned the former prime minister from holding any meetings at the prison for two weeks. Citing security reasons, the Punjab province government – led by Maryam Nawaz of Pakistan Muslim League-Nawaz (PML-N) – on Tuesday imposed a two-week ban on all public visits, meetings and interviews at the high-security Adiala Jail at Rawalpindi, where the former prime minister Khan is lodged since last August. The Islamabad High Court (IHC) on Thursday allowed four PTI…

A significant 61 per cent of CEOs in the Middle East are optimistic about economic growth in the next three to five years, a noticeable jump from just 13 per cent last year, according to the 2024 CEO Insights Study by Arthur D. Little. With the world’s economy showing ups and downs, 37 per cent of these leaders still see a steady future, reflecting their trust in the region’s economic strength. Only a small 2 per cent expect a decline, which suggests a shared belief that the Middle East is on the rise after overcoming recent obstacles. The commitment to…

‘Quiet luxury’ is the buzzword of the current minute. Wikipedia states that it is “a lifestyle characterised by understated elegance and refined consumption, emphasising exclusivity and discerning taste without overt displays of wealth”. That’s exactly what I felt when I drove the 2024 Maserati Grecale Trofeo recently. Unlike when driving a Ferrari or Lamborghini, I didn’t feel attacked by a mob of fans with a barrage of questions and requests for photo ops, but I noticed intrigue and admiration in the eyes of the passers by. The Grecale – named after a wind like the Shamal and Ghibli models -…

The Philadelphia 76ers three-game road trip comes to a close tonight when they take on the Milwaukee Bucks at Fiserv Forum. These teams met a couple weeks ago in Philly, with the Bucks rolling to a 119-98 victory over the Joel Embiid-less Sixers. The game is starting very soon, at 8:00 p.m. ET. It will be televised on Bally Sports Wisconsin in the Bucks markets and on NBC Sports Philadelphia in the 76ers markets, but if you don’t have those channels, or you live out of market, there are still some ways you can watch a live stream of the…

The UAE has achieved a new global milestone in the field of gender balance by advancing to the seventh rank globally in the Gender Inequality Index 2024, issued by the United Nations Development Programme (UNDP), rising significantly from its 49th place in 2015 and 11th place in 2022. The United Nations Development Programme announced this new global achievement of the UAE during the meetings of the 68th session of the Commission on the Status of Women, being held until March 22 in New York. The UAE Gender Balance Council is participating in the event. Sheikha Manal bint Mohammed bin Rashid…

India’s election commission on Thursday published details of millions of dollars worth of political donations, confirming the immense financial advantage of Prime Minister Narendra Modi’s party weeks out from national elections. Electoral bonds have been a key method of political funding, allowing donors to give anonymously through certificates purchased from the State Bank of India (SBI). But last month India’s top court struck down the scheme as unconstitutional, saying it violated the right of voters to know who was financing parties. Thursday’s data showed that Modi’s Bharatiya Janata Party (BJP) was far and away the single biggest recipient from April…

Adnoc Drilling expects total revenue between $3.60 billion to $3.80 billion over the medium term, the company announced on Thursday. Earnings before interest, taxes, amortisation and depreciation (Ebitda) is expected in the range of $1.70-$1.90 billion, with a margin range of 48-50 per cent and net profit of $1.05-$1.25 billion, with a margin range of 30-33 per cent. Moreover, Adnoc Drilling expects CapEx to be between $0.75-$0.95 billion, while maintaining a leverage ratio net debt/Ebitda below 2x in 2024, excluding material mergers and acquisitions. Adnoc Drilling expects revenue to grow at a compound annual growth rate (CAGR) over the medium…