Michael Helou heads Global’s investment banking business

Updated 07 January 2014
0

Michael Helou heads Global’s investment banking business

Global Investment House (Global) has announced the appointment of Michael Helou in the capacity of executive vice president to head the investment banking business of the company.
Helou is a graduate of the London School of Economics and Political Science and brings almost 20 years of investment banking and advisory experience to Global.
He spent most of his career at Rothschild in various roles in both London and Hong Kong and in 2006 moved to the region to set up and head the firm’s investment banking business in the Middle East.
Following Rothschild, Helou spent several years at Barclays Capital as the head of its financial institutions group in the Middle East and North Africa.
Helou brings a wealth of experience to Global across many areas, including mergers and acquisitions, equity and debt capital markets, restructuring and privatization.
Bader Al-Sumait, CEO at Global, said, “We are pleased to welcome Helou to the executive management team. We are confident that his international expertise and exposure to an array of successful transactions coupled with regional insight will contribute to the development of the investment banking business and enhance our competitive edge to better serve our corporate clients.”
Helou said, “We have exciting plans to further develop the investment banking business to become a major player in the market. I believe a real window of opportunity exists today for an independent firm to emerge with a comprehensive regional footprint, a product capability that serves the needs of regional clients and best in class expertise and execution capability.’
The appointment of Helou is part of the company’s plan to strengthen its management team by hiring experienced professionals in major areas to further develop its core business.


Saudi Arabian Airlines displays new products

Updated 24 April 2018
0

Saudi Arabian Airlines displays new products

Saudi Arabian Airlines (Saudia), the Kingdom’s national carrier, is participating in the Arabian Travel Market (ATM), taking place in Dubai this week. This year marks the 25th edition of the show. Saudia has participated consistently throughout the years.
The airline has rolled out many new products and onboard amenities this year, including a new Business Class Porsche Design Men’s kit and Furla Ladies kit, as well as new children’s characters and kits.
Saudia is debuting a new exhibition stand design (9 x 30.5 meters) along with many interactive features and products on display. These include all the latest seats on static display — First Suite (first class), Business Class, and the Guest Class (economy) seats.
Also on display is a “smart model” experience, which provides a 3D interactive tour through the new Jeddah King Abdul Aziz International Airport.
Saudia is currently in the midst of a rapid transformation, fleet and network expansion program.
The airline has achieved double-digit growth in international passenger traffic, flying to 89 destinations across four continents. Saudia is receiving on average, one new aircraft every 12 days. Currently at 147, by the end of 2020 the fleet is set to reach 200 aircraft.
“Saudia looks forward to welcoming its travel retail partners, media and hospitality guests at ATM. The airline’s stand is located at ME 4310,” the airline said in a press release.
Currently in its 73rd year of operations, the airline is a member of the International Air Transport Association (IATA) and the Arab Air Carriers Organization (AACO).
Saudia carried 30 million passengers in 2016, and was named the 2017 World’s Most Improved Airline by Skytrax, an independent global aviation industry monitor.
The airline has 11 codeshare partners including: Garuda Indonesia, China Southern Airlines, Air France, Royal Air Maroc, Alitalia, Korean Airlines, KLM, Middle East Airlines, Aeroflot, Air Europa and Oman Air.