Abu Dhabi’s ADQ is close to buying a Jordanian frozen food processor from its founders and the Carlyle Group LP, according to people with knowledge of the matter. The company, formerly known as Abu Dhabi Development Holding Co., is set acquire most of Al-Nabil Food Industries Co. from the Al-Nabil family and Carlyle, the people said, asking not to be identified as the information is private. Moelis & Co. is advising Al-Nabil and Carlyle on the sale, they said. Al-Nabil, which produces frozen and chilled food products such as chicken and pastries, was said to be valued at about $300 million, Bloomberg reported in June, people with knowledge of the matter said at the time. Representatives for ADQ, Al-Nabil, Carlyle and Moelis all declined to comment. Washington-based Carlyle in 2013 bought a minority stake in Al-Nabil, which was founded in 1945, through its Carlyle MENA Partners, a fund focused on the Middle East, North Africa and Turkey. In the Middle East, Carlyle still owns stakes in Saudi Arabia’s Alamar Foods and Turkey’s Penti, according to its website.

يشرفنا حضوركم علي افتتاح عصير تايم الرسمي يوم الخميس. الساعة ٦ م ❤️ ❤️

Pasta lovers, rejoice, there's a new restaurant opening in Dubai that promises to bring "real Italian-style dining" to the Emirates.Located in the DIFC district, Ravioli & Co is set to bring its signature tortellini, tagliatelle, gnocchi and ravioli to foodies in the UAE.The concept was launched by two long-time friends from Jordan and Italy, who share a love for home cooking and will centre their menu around daily fresh pasta. There will also be low-calorie and gluten-free options. The menu will feature both shared and individual dishes for lunch and dinner, while an in-house bakery will offer tasting sessions of focaccia and grissini.There are also plans for a takeaway menu, along with a weekly aperitivo and possible cooking classes for those interested in learning more about Italian cuisine. While there isn't a set opening date yet, the restaurant is expected to launch sometime in mid-August in Burj Daman.

US-based automaker Tesla has officially opened a new retail store in Amman, Jordan, its first service centre and store in the Middle East region. The new store is located on Al-Ommal Street, Al-Sena’a in Al Bayader Wadi Seer. With both award-winning, all-electric Model S and Model X on show, the store will also include the Tesla design studio. Tesla announced its arrival in both the UAE and Jordan earlier this year, inviting customers to visit the online design studio and order the Tesla vehicle that best suits their lifestyle. First orders of Model S and Model X vehicles are expected to arrive in summer 2017. In addition to convenient home charging, Tesla has designed the most sophisticated electric vehicle charging network in the world, including Superchargers and Destination chargers networks, so owners can travel wherever and whenever they want. With eight Destination Charging locations now available in Jordan, Tesla has also opened four Supercharging locations, allowing drivers to recharge their vehicles in minutes rather than hours. With an industry-leading NEDC range of up to 632 km, Tesla’s award-winning Model S is designed from the ground up to be the safest, most exhilarating car on the road. Model S delivers unparalleled performance through Tesla’s unique, all-electric powertrain and accelerates from 0 to 100 kph in just 2.7 seconds. Model X is the safest, fastest and most capable SUV on the road. With standard all-wheel drive and up to 565 km of range (NEDC) on a single charge, Model X fits an active lifestyle and includes ample seating for seven adults and all of their gear. Model X is incredibly fast, accelerating from zero to 100 kph in as quickly as 3.1 seconds. Prices start from JD52,600 ($74,000) for Model S and JD61,900 for Model X. – TradeArabia News Service

Launched in 2003, the Italian brand Tezenis offers a wide range of underwear, home-wear and pajamas for young men and women, as well as for the kids. The look of the Tezenis store is cosmopolitan, while the collections are basic, young and easy to wear, refreshed every week by new and exciting items with affordable prices.

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