INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Sophia Lauren names cruise ship MSC Virtuosa at Dubai’s Mina Rashid

Dubai hosted naming ceremony of MSC Virtuosa.
  • MSC Cruises, the world's third-largest cruise operator, had chosen Dubai for the naming ceremony.
  • The ceremony was held at Port Rashid in partnership with DP World and Dubai’s Department of Economy and Tourism.

Dubai hosted the naming ceremony of a cruise ship, MSC Virtuosa, which was officially named by Hollywood star Sophia Lauren in the presence of Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Council for Border Crossing Points Security.

MSC Cruises, the world’s third-largest cruise operator and part of the Cruise Division of MSC Group, had chosen Dubai for the naming ceremony in “recognition of the Group’s commitment to Dubai and the UAE, as well as the wider Middle East market where MSC Cruises is the brand leader”.

The ceremony was held at Port Rashid in partnership with DP World and Dubai’s Department of Economy and Tourism.

Al Maktoum said, “Dubai’s glorious seafaring legacy, which is an integral part of its cultural heritage, has inspired its development as a major global maritime destination.”

“The accelerated rebound of its cruise industry also reflects Dubai’s ability to adapt rapidly and flexibly to the evolving global situation and take advantage of new opportunities emerging in a changing environment,” he added.

A long-standing maritime tradition, the official Naming Ceremony of MSC Virtuosa took place in the presence of the Master of the Vessel, Captain Francisco Veniero.

Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World, said, “It is a proud moment for us to host the MSC Virtuosa naming ceremony at Mina Rashid that has consistently reaffirmed its status as a leading destination, regionally and globally.”

He said UAE was expecting a total of 126 ship calls and over 500,000 cruise visitors for the upcoming 2021/22 cruise season.