NEWS DESK

Crude’s month-long slide halted by fresh Mideast worries  – Saxo Bank MENA

News Desk 31/07/2024

The energy sector is heading for its biggest monthly loss since May 2023, with headlines this past month being dominated by the poor outlook for Chinese demand as economic weakness persists in the world’s top importer of crude oil. In addition, the recent loss of risk appetite across key stock

NEWS DESK

ETEA and Tripoli Chamber of Commerce Sign Agreement to Empower Lebanese Youth

News Desk 31/07/2024

Education Training & Employment Australia (ETEA), a leading vocational and education organization in Australia, has signed a memorandum of understanding (MoU) with the Chamber of Commerce, Industry & Agriculture of Tripoli & North Lebanon. This agreement, currently in the making, marks a significant milestone in ETEA’s mission to expand its global footprint and

NEWS DESK

Dubai Student and Entrepreneur Ayaan Gandhi Revolutionises Dubai’s Luxury Watch Market with A.G. Timepieces

News Desk 31/07/2024

Ayaan Gandhi, a 17-year-old entrepreneur and student of Repton Dubai, unveils today the official launch of A.G. Timepieces, a luxury watch reseller in the UAE, Monaco and Belgium. With a focus on luxury watch brands such as Rolex, Patek Philippe, Richard Mille, and others, A.G. Timepieces offers a collection that embodies the essence of vintage […]

NEWS DESK

Uzbekinvest Acquires Risk and Capital Modelling Capabilities From Ultimate Risk Solutions

News Desk 31/07/2024

Ultimate Risk Solutions (“URS”) is proud to announce its important contribution into assisting Uzbekinvest Export-Import Insurance Company of Uzbekistan (“Uzbekinvest”) in attaining their stable AM Best credit rating. Through the development of advanced risk models of Uzbekinvest’s insurance and reinsurance lines of business, including catastrophe risk, URS has contributed

NEWS DESK

Rimini Street Announces Fiscal Second Quarter 2024 Financial and Operating Results

News Desk 31/07/2024

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced results for the fiscal second quarter ended June 30, 2024. Select Second Quarter 2024 Financial Highlights Select Second Quarter 2024

NEWS DESK

Mohammed Al Sharqi Meets with Director of Fujairah Adventure Centre

News Desk 31/07/2024

His Highness Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah, held a meeting in his office at the Emiri Diwan with Amr Zain Al-Deen, Director of the Fujairah Adventures. His Excellency Dr Ahmed Hamdan Al Zeyoudi, Director of the Office of His Highness the Crown Prince of Fujairah, also attended the meeting. During […]

NEWS DESK

Dubai’s Samana Developers Launches “Samana Avenue” Project in Dubailand

News Desk 31/07/2024

Samana Developers, one of the leading and top real estate developers in Dubai, today launched the “Samana Avenue” project in the Dubai Land Residence Complex located in the Dubailand neighbourhood. Samana Offers UAE Golden Visa One of the key features of Samana Avenue is the UAE golden visa for buyers. To make it easier Samana Developers […]

NEWS DESK

Mappable introduces advanced routing features to enhance navigation solutions for UAE businesses

News Desk 31/07/2024

Mappable, a global company that brings powerful and highly customizable mapping solutions to the local markets, announces the launch of new advanced features within its existing Route & Navigation products. As the demands of local consumers continue evolving, these updates have been designed to streamline logistics and navigation further to support UAE businesses. The

NEWS DESK

MAPEI GROUP DRIVES SUSTAINABLE DEVELOPMENT WITH LAUNCH OF ZERO LINE OF PRODUCTS IN MIDDLE EAST

News Desk 31/07/2024

MAPEI Group, the world’s leading Italian manufacturer of chemical products for the building industry, announces the launch of its sustainable ZERO line products in the Middle East and Africa (MEA) region. With 60% increase in global sales of its ZERO product range in 2023, the line underscores the rising market demand for environmentally friendly solutions […]

NEWS DESK

Stirling Hospitality Advisors anticipates the number of employees in RAK Hospitality Sector

News Desk 31/07/2024

Stirling Hospitality Advisors, one of the leading boutique advisory institutions in the region, proudly announces the release of the second edition of the Ras Al Khaimah (RAK) Investment Pulse report. The latest report analyses the critical role of employee attraction and retention in enhancing service quality and solidifying the emirate’s reputation as a desirable

NEWS DESK

DEFENDER MARKS 70 YEARS OF ITS LANDMARK HUMANITARIAN CHARITY PARTNERSHIP WITH BRITISH RED CROSS

News Desk 31/07/2024

Defender will celebrate a landmark moment in its relationship with the British Red Cross as it marks 70 years of its humanitarian partnership – one of the longest-standing charity partnerships of its kind in the world. Defender can trace its roots back to the very first Series Land Rover, which made its world debut at the […]

NEWS DESK

UAE Olympic House in Paris welcomes global audience and presents the country’s rich heritage

News Desk 31/07/2024

As the Olympic Games 2024 kicked off last Friday, 26th July 2024, the first-ever UAE Olympic House has been attracting a global audience in Paris. His Excellency Ghanem Mubarak Al Hajeri, Director General of the General Authority for Sports, said after participating in the opening tour of the UAE Olympic House: “This significant event emphasises […]

NEWS DESK

Datalec Precision Installations (DPI) Unveils Electronic Security Partners

News Desk 31/07/2024

Datalec Precision Installations (DPI), a provider of world-class data centre design, build, and installation services that leverages unique technical expertise to deliver seamless end-to-end solutions for data centre operators, is proud to announce industry-leading electronic security partnerships. DPI announced the addition of its in-house Electronic Security

NEWS DESK

NFPA and Saudi Electricity Company join forces as SEC aligns growing domestic needs

News Desk 31/07/2024

The National Fire Protection Association® (NFPA®) and Saudi Electricity Company (SEC) announced the signing of a Memorandum of Understanding (MoU), marking a significant step towards promoting fire and life safety standards and practices across the Kingdom of Saudi Arabia. The MOU signing ceremony, held at Saudi Electricity Company’s headquarters in Riyadh, was attended by

NEWS DESK

Beautyworld announces new market report in collaboration with BeautyMatter

News Desk 31/07/2024

Beautyworld’s extensive and insightful new report, in collaboration with BeautyMatter, provides industry professionals with all-new research, core data and intelligence into the Middle East’s fast-growing beauty industry for the first time. With the MENA (Middle East and North Africa) beauty and personal care industry currently valued at US$46 billion and projected to

NEWS DESK

Fed Chair May Reveal Rate Cut Plans for 2024; Dollar Gains Amid Positive Data, Bitcoin Struggles

News Desk 31/07/2024

Will FOMC cut interest rate in July or just warm up for September meeting? FOMC meeting began on Tuesday amid hopes that Jerome Powell, Fed Chairman, could hint the timing or number of rate cuts at least until the end of 2024, this comes amid accelerating expectations that the Federal Open Market Committee will begin […]

NEWS DESK

Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative

News Desk 31/07/2024

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the ‘Xport Xponential’ initiative. By signing the agreement, the bank will join the list of partners of the ‘Xport Xponential’ initiative, launched by ECI in May with […]

NEWS DESK

Heriot-Watt University Dubai’s Edinburgh Business School Launches Inaugural Provost’s Fellowship Programme

News Desk 31/07/2024

Heriot-Watt University Dubai’s Edinburgh Business School (EBS) today announced the launch of its inaugural Fellowship programme to support the development of early career academics in learning, teaching, and research over a two-year period. Called the Provost’s Fellowship Programme, it is designed to attract ambitious and talented individuals to the UAE, and will play a

NEWS DESK

Honda launches its first V8 marine engine in the UAE -the powerful Honda Marine BF350

News Desk 31/07/2024

In a monumental leap forward for marine engine technology, Al-Futtaim Honda has unveiled its first 5-litre V8 outboard engine, the BF350, specifically designed to cater to the needs of the UAE’s elite boating community and passionate seafarers. The newest addition expands Honda’s line-up in the UAE to 11 outboard engines, offering a comprehensive range of […]

NEWS DESK

Cyprus and Greece rental yields reach record highs

News Desk 31/07/2024

Leading Greek and Cypriot real estate developer Leptos Estates reveal that rental yields in both Cyprus and Greece are consistently reaching all-time high levels as international purchasers let their holiday homes across sought-after destinations. The developer reveals that rental yields across some of their most popular destinations and developments are consistently