logo
Vatel Bahrain explores Vatel Academy in Lyon, France

Vatel Bahrain explores Vatel Academy in Lyon, France

Zawya01-07-2025
Bahrain: A delegation from Vatel Bahrain visited the recently established Vatel Academy in Lyon, France, to gain in-depth insight into the Academy's leading model in hospitality training. The visit marks a significant step toward assessing the potential for adapting this model to meet the professional training needs of the Kingdom of Bahrain.
The objective of the visit was to explore the Academy's facilities and programmes, and to engage with its management in identifying opportunities to tailor these training offerings to the local context in alignment with national and regional market requirements. The delegation also participated in a guided tour of the Academy and held a meeting with the Group's President, Mrs Karine Sebban-Benzazon, to discuss Vatel Bahrain's future plans.
Sheikh Khaled bin Khalifa Al Khalifa, General Director of Vatel Bahrain, commented, 'We are pleased with this visit to Vatel Academy in Lyon, which reflects our ongoing efforts to strengthen collaboration and foster strategic partnerships with the Vatel Group. Such cooperation is essential to ensuring we continue to provide a diverse range of educational and professional programmes that respond to the evolving needs of the labour market both locally and regionally.'
_ENDs_
For more information, please contact:
Zainab Ashoor | Marketing & Communications Specialist
z.ashoor@vatel.bh | +973 17616068 | +973 34567838
Al Jasra, Kingdom of Bahrain
Information for editors
About Vatel Hospitality School:
Vatel Hospitality School was established in France in 1981, specializing in business management within the hospitality and tourism sectors. It has since expanded to 55 campuses across 33 countries. The Bahrain campus, founded in 2018, is part of this global network. Vatel holds a distinguished international reputation, with over 45,000 graduates worldwide who have gone on to become leaders in the industry. Vatel has consistently been ranked first in France and 13th globally in hospitality management, according to the latest QS rankings, maintaining this position for three consecutive years.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ADNH positions itself for growth amid UAE tourism boom
ADNH positions itself for growth amid UAE tourism boom

Zawya

time9 hours ago

  • Zawya

ADNH positions itself for growth amid UAE tourism boom

Abu Dhabi National Hotel (ADNH) was established in 1976 and has since played an instrumental role in raising the profile of Abu Dhabi and the UAE as a global tourism hub. Over the years, ADNH has grown into a full-fledged hospitality group, delivering an extensive array of services that span hotels, restaurants, destination management, catering and transportation. It began its expansion in 1991 with the signing of its first hotel management contract. Today the company oversees operations and commercial functions for more than a dozen hotels in Abu Dhabi, Dubai and Ajman. Through its hotels division, ADNH plays a multifaceted role owning, operating, managing and acting as franchise manager for a wide-ranging portfolio of properties. Owned assets include some of the UAE's most iconic and prestigious hotels, such as The Ritz-Carlton Abu Dhabi Grand Canal, Park Hyatt Abu Dhabi Hotel and Villas, and Sheraton Abu Dhabi Hotel & Resort. Click here to download infographic Complementing its owned and managed assets, ADNH has a strong operator division that manages a select portfolio of hotels and hotel apartments, including the Radisson Blu Hotel Ajman, in key urban locations. Outside the traditional hospitality sphere, ADNH's diversified business interests encompass several complementary sectors. These include ADNH Catering, Em Sherif Restaurants, High Spirits stores, Al Ghazal Transport, Sunshine Travel & Tours, National Facility Management Company by ADNH, M Five Services, and Abu Dhabi National General Security Guard Co. LLC. Successful IPO of catering division In October 2024, the company floated ADNH Catering Plc, a leading food and support services provider operating in the UAE. ADNH Catering raised AED864 million (U.S.$235 million) from the sale of 900 million offer shares, representing 40% of ADNH Catering's total issued share capital. The offering attracted strong demand from both international and regional investors, being oversubscribed more than 15 times and attracting more than AED13 billion (U.S.$3.5 billion) in demand. With the final offer price (AED0.96/U.S. 0.26 per share) set at the top of the announced price range, the listing reinforced ADNH Catering's position as an established market leader in food and support services, catering to critical sectors including healthcare, education, defense and business and industry across the region. The successful listing reflects the company's strong market position, built on its established operations across key sectors in the UAE and Saudi Arabia. ADNH Catering operated around 160 on-site kitchens and delivered 11 million meals per month serving 262 clients in the year ended 30 September 2023. Its presence in Saudi Arabia is set to expand further, with planned growth in Riyadh, Jeddah and the eastern region. The listing of the catering division came after ADNH bought out Compass Group International's 50% stake in their UAE joint venture. The buyout is expected to bring in an additional net profit gain of nearly AED100 million (U.S.$27 million) for ADNH. Strategic growth drivers The UAE's tourism sector is poised for its next wave of growth. The UAE Tourism Strategy 2031, launched as part of the landmark Projects of the 50, is one of the country's most ambitious national initiatives. The strategy outlines 25 key initiatives and policies aimed at transforming the UAE into one of the world's leading travel destinations, with ambitious targets, including increasing the tourism sector's GDP contribution to AED450 billion (U.S.$123 billion) with an annual growth of AED27 billion (U.S.$7.4 billion), attracting AED100 billion (U.S.$27 billion) in additional tourism investments and welcoming 40 million hotel guests. These initiatives will boost the UAE's global competitiveness and ensure long-term, sustainable growth for its tourism industry. Investment outlook ADNH is in a strong position to take advantage of the UAE's growing tourism market and the support the tourism sector receives from the governments of both Abu Dhabi and Dubai. The focus of the two flagship airlines on boosting their networks and expanding their offerings, as well as efforts to attract global commercial, economic, sporting and leisure events, and world-class infrastructure including several new landmarks such as the newly announced Disney Abu Dhabi, has made the UAE one of the world's most well-known tourism destinations. Strategic growth through targeted acquisitions The company has been eyeing strategic acquisitions. In addition to purchasing Compass Group International's 50% stakes in their JV companies, the company has expressed an interest in exploring acquisitions of strategic and opportunistic resort-based developments across high performing micro-markets. ESG leadership and community impact The company has put in place strong environmental, social and governance (ESG) measures. Seven out of 11 projects in its hotels have already begun and are on schedule, while average greenhouse gas emission intensity per economic unit decreased by 40%. The Al Ghazi Taxi fleet now includes 147 electric vehicles. The company also reported 100% compliance with all labour laws and non-discrimination policies, and 100% adherence to codes of conduct in business practices. ADNH has also expressed a commitment to adopting long-term strategies aimed at mitigating greenhouse gas emissions, in line with government policy. Hospitality market outlook As the F&B sector in the UAE and the region continues to expand due to evolving demographics and a thriving business community, ADNH Catering is well-placed to meet the rising demand and fulfil their growth strategies. This is boosted by several new landmark projects such as Yas Island tourism attractions, as well as museums and world-class retail offerings. Conclusion ADNH's diversified portfolio and strategic initiatives position it to benefit from the UAE's expanding tourism and hospitality sectors. The successful IPO of its catering division highlights investor confidence and operational strength. Against the backdrop of national tourism strategies, ADNH remains well-positioned to support and capitalise on sector-wide growth, making it a stock to watch. To find out more, visit the company's page on To invest, contact one of the ADX brokers now.

3t appoints new VP to lead Saudi Ttraining centre, driving vision 2030 workforce goals
3t appoints new VP to lead Saudi Ttraining centre, driving vision 2030 workforce goals

Zawya

time11 hours ago

  • Zawya

3t appoints new VP to lead Saudi Ttraining centre, driving vision 2030 workforce goals

GTSC, part of 3t, has appointed Askar Salem Alyami as Vice President of its Saudi Arabian training operations to strengthen its growth and support local talent development in line with Saudi Vision 2030. Askar will lead the GTSC training centre, enhancing its role in 3t's global network to equip Saudi professionals with skills for the evolving energy landscape. Askar Salem Alyami, Vice President of 3t's GTSC Saudi Arabian training operations, said: 'I'm honoured to join 3t at such a pivotal time. I look forward to driving strategic partnerships and delivering world-class training that supports Vision 2030. T ogether, we'll grow GTSC's impact, strengthen workforce development, and accelerate 3t's success across Saudi Arabia and beyond.' Dammam, Saudi Arabia – GTSC, part of 3t, the leading global provider of workforce training and competency for safety-critical industries, has announced the appointment of Askar Salem Alyami as Vice President of its Saudi Arabian training centre operations. This strategic appointment marks a significant step in 3t's continued commitment to advancing its growth story in the Kingdom and supporting the development of local talent to meet future energy challenges. In his new role, Askar will oversee the company's Dammam training centre operations, positioning it as an integral part of 3t's global training and development network. The centre plays a vital role in equipping the next generation of Saudi professionals with the skills, knowledge, and expertise needed to drive innovation and sustainability in the energy sector, in full alignment with the goals of Saudi Vision 2030. Askar Salem Alyami, newly appointed Vice President of 3t's GTSC Saudi Arabian training operations, said: 'I am honoured to join 3t at this pivotal time and look forward to driving strategic partnerships and delivering world-class training that supports the Kingdom's Vision 2030 transformation goals. 'Together with our talented team, I aim to bring my experience to expand GTSC's presence in key sectors, improve workforce development and industrial excellence across Saudi Arabia, while accelerating 3t's growth story in the region and take our success to new heights, both locally and globally.' With over 15 years of experience in major organisations such as Aramco, SABIC and the Saudi Water Authority, Askar brings extensive expertise in training, consultancy and business development to 3t. Throughout his career, he has held various leadership positions, delivering training programs and strategic partnerships that have empowered workforces and strengthened organisational capabilities across the region. He now aims to leverage this experience to enhance 3t's regional and global performance and deliver tangible business results for customers, positioning the GTSC centre as the go-to place for safety-critical training in the region. Hani Sagr, Managing Director for 3t's MENA region, said: 'We are delighted to welcome Askar to 3t's Middle East leadership team. His local experience in training, proven track record in business development, and passion for people-centric growth will be instrumental as we invest in the region and strengthen our position as a trusted partner in supporting the Kingdom's ambitious energy and economic transformation.' Under Askar's leadership, the Saudi Arabian centre will continue to expand its suite of accredited training programs and valued customer partnerships, fostering an environment where Saudi talent can thrive and contribute to solving the world's evolving energy challenges. GTSC has been part of 3t since September 2024 following its acquisition, and is the largest dedicated energy training provider in the Middle East, operating in Abu Dhabi, Saudi Arabia, and Egypt. Since its founding, it has trained nearly one million people across technical, HSE, offshore survival, and firefighting disciplines, as it currently helps train over 100,000 people annually. The centre offers over 600 accredited courses with advanced simulators, lifeboat platforms, firefighting grounds, and HUET pools. About 3t 3t is the leading provider of training services and learning technology solutions. With Training, Technology and Transformation at the core of its offering, 3t provides the highest-impact learning solutions for safety-critical industries, including energy, renewables, marine, construction, gas, electric and water. As the world leader in workforce training and competency, 3t is focused on delivering a prosperous future for individuals, its customers, and its industries. 3t is the number one provider of training to the UK Energy Sector and the Global Offshore Wind market and its drilling and well control simulation business is the world leader. With offices and training centres located across the UK, the Americas, and the Middle East, the 3t team is represented by 17 nationalities and present in 60 countries worldwide.

Beyon announces Q2 2025 and half year 2025 financial results
Beyon announces Q2 2025 and half year 2025 financial results

Zawya

time12 hours ago

  • Zawya

Beyon announces Q2 2025 and half year 2025 financial results

Manama, Bahrain: Beyon BSC (Ticker: BEYON), today announced its financial results for the second quarter and first half of 2025. Beyon reported net profit attributable to equity holders of BD17.2M (US$45.6M) for Q2 2025, a 13% decrease from BD19.8M (US$52.5M) reported for the corresponding quarter of 2024. The YoY decline in net profit attributable to equity holders is mainly due to additional taxes from the application of Domestic Minimum Top-Taxes ('DMTT'), effective 1 January 2025, and acquisition charges associated with the acquisitions completed in 2024. Earnings per share (EPS) are 10.4 fils for the second quarter of 2025, compared to 12.0 fils in Q2 2024. Total comprehensive income attributable to equity holders in Q2 2025 was reported at BD26.7M (US$70.8M), a 53% increase from BD17.4M (US$46.2M) in the second quarter of 2024, mainly due to favorable foreign currency translation differences and investment fair value changes. Operating profit in Q2 2025 of BD28.5M (US$75.6M) is in line with BD28.5M (US$75.6M) reported in Q2 2024. EBITDA stands at BD46.9M (US$124.4M) in Q2 2025 compared to BD45.2M (US$119.9M) in Q2 2024, an increase of 4%. The company maintained a healthy EBITDA margin of 37% in Q2 2025. Revenues for the second quarter of 2025 increased by 11% to BD125.3M (US$332.4M) compared to BD112.5M (US$298.4M) in Q2 2024. For the first six months of 2025, net profit attributable to equity holders of the company of BD35.3M (US$93.6M) decreased by 9% compared to BD38.6M (US$102.4M) in 2024, mainly due to DMTT and acquisition related charges. Earnings per share (EPS) are 21.3 fils for the period compared to an EPS of 23.3 fils for H1 2024. Total comprehensive income attributable to equity holders of the company decreased by 32% from BD57.1M (US$151.5M) in H1 2024 to BD38.6M (US$102.4M) in H1 2025 mainly due to investment fair value changes. Operating profits decreased by 2% from BD55.6M (US$147.5M) in H1 2024 to BD54.5M (US$144.6M) in H1 2025. However, EBITDA increased by 3% from BD89.2M (US$236.6M) in H1 2024 to BD92.3M (US$244.8M) in H1 2025. The company maintained a healthy EBITDA margin of 38% in H1 2025. Revenues for the first six months of the year of BD242.8M (US$644.0M) increased by 9% from BD222.9M (US$591.2M) of revenues in H1 2024, mainly due to increases in mobile, fixed broadband, wholesale and digital services. Beyon was able to grow its overall customer base by 6% YoY with a 7% and 3% increase in mobile and broadband subscribers respectively. Beyon's balance sheet remains strong with total equity attributable to equity holders of the company of BD567.8M (US$1,506.1M) as of 30 June 2025, 1% higher than BD564.2M (US$1,496.6M) reported as of 31 December 2024. Total assets of BD1,274.6M (US$3,380.9M) as of 30 June 2025 are 1% higher than total assets of BD1,256.0M (US$3,331.6M) as of 31 December 2024. Net assets as of 30 June 2025 which stand at BD624.7M (US$1,657.0M) are in line with BD621.8M (US$1,649.3M) reported as of 31 December 2024. The Company reported cash and bank balances of BD125.9M (US$334.0M) as of 30 June 2025. The Board of Directors approved an interim cash dividend for shareholders of 13.5 fils per share or 13.5% of paid-up capital for the six-month period of 2025. This is in line with the 2024 interim dividend payment and the Board of Directors' commitment to continuously deliver strong returns to shareholders. Financial and Operational Highlights *Excludes subscriber numbers from Sabafon, Beyon's associate company in Yemen, and Etihad Atheeb Telecom, Beyon's investment in Saudi Arabia. Beyon Chairman Shaikh Abdulla bin Khalifa Al Khalifa commented on the financial results for the second quarter of 2025 and the first six months of 2025 following a meeting of the Board of Directors on Wednesday 30th July, at Beyon's Campus, Hamala, Kingdom of Bahrain. 'The Board is pleased to see Beyon continuing the positive trajectory established in previous quarters, delivering solid revenue growth and a healthy EBITDA margin in the second half of 2025. The Group's performance remains is in line with expectations and reflects the continued strength of our strategy.' 'Despite the expected result of the application of Domestic Minimum Top-Up Taxes (DMTT) on net profit, the underlying fundamentals of the business remain strong, with consistent operational delivery and financial resilience. Our ability to sustain robust EBITDA performance while investing in future-focused platforms is a testament to the Group's sound financial position and long-term outlook. Notably, the Group continues to distribute dividends in line with previous years, reaffirming our commitment to delivering sustained value for shareholders while ensuring the financial strength required to support future growth.' Shaikh Abdulla also spoke to Beyon's deep commitment to supporting national digital ambitions, 'In parallel with our business performance, through strategic investments and partnerships, we continue to support the Kingdom's digital transformation journey, investing in secure connectivity and advanced infrastructure as well as innovations in cloud and cybersecurity solutions. These efforts reflect our Group's purpose of unlocking opportunities for communities, businesses, and government through technology, and delivering on our promise to accelerate digital progress in the communities we serve.' Expanding on the Group's performance, Beyon CEO, Andrew Kvaalseth, said, 'Our results in the second quarter of 2025 reinforce the strength of our operations and our disciplined approach to delivering value. We've seen continued momentum across our core business lines, with a 6% year-on-year increase in our customer base—driven by a 7% rise in mobile subscribers and 3% growth in fixed broadband. Additionally, our international operations also performed well, with Umniah, our Jordan-based telecom, recording a 9% year-on-year revenue increase. These gains are an important validation of our regional strategy and our ability to deliver high-quality, customer-centric connectivity solutions in a competitive landscape.' 'Closer to home, Batelco by Beyon launched Voya, Bahrain's first fully digital eSIM solution, marking a significant step in how customers engage with mobile services both locally and internationally. Voya builds on our innovation track record and underlines our commitment to shaping the future of digital access in the Kingdom. We also made meaningful progress on the enterprise front with our collaboration with key partners in the financial sector enabling seamless infrastructure migration and deeper integration of telecommunications with financial services.' 'Within our digital companies, we have continued to scale our service offerings. Beyon Solutions advanced its work with the industrial sector through strategic engagements focused on accelerating digital innovation and sustainable practices. Beyon Money Business delivered on a seamless, closed-loop payment ecosystem for merchants. Meanwhile, Beyon Connect expanded its regional presence and thought leadership through active participation in the Arab Postal Leaders Forum, reinforcing its commitment to public-private digital transformation. 'With solid progress in both our telecom and digital businesses, and a clear growth roadmap, we remain confident in our ability to execute and lead as we move into the second half of the year.' This press release, along with the full set of financial statements, is available on the Bahrain Bourse website and on Beyon website, -Ends- This press release has been issued by Beyon Corporate Communications & Sustainability Department. For further information, please contact ABOUT BEYON: Beyon is a global technology group, dedicated to bringing technology closer to people and businesses with best-in-class connectivity and digital solutions. As a group, Beyon is focused on creating a prosperous digital growth portfolio through its subsidiary companies Batelco, Beyon Money, Beyon Cyber, Beyon Solutions, and Beyon Connect. Beyon also supports a successful group of international investments, subsidiaries and affiliates in several locations including Jordan, Saudi Arabia, Yemen, Egypt, the Maldives, The Channel Islands, Isle of Man, Diego Garcia, St. Helena, Ascension Island, and the Falkland Islands. Beyon is a listed entity on the Bahrain Bourse, for more information visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store