NEWS DESK

LEVA Hotels Debuts in Riyadh with Luxury 5-Star Property

News Desk 30/04/2024

In collaboration with their local partners Siraj Holdings, UAE-headquartered hospitality brand LEVA Hotels celebrates a significant milestone with the signing of its newest property, a luxe 5-star hotel boasting 134 keys, nestled in the bustling heart of Riyadh, Al Olaya. In an exclusive

NEWS DESK

Marking The Gold: RITES completes glorious 50 years

News Desk 30/04/2024

RITES Limited, a leading engineering consultancy firm in India, celebrated its milestone 50th anniversary on Friday. The month-long Foundation Day celebrations, ‘Marking The Gold’, that were carried across worksites culminated with a cultural evening at Shikhar, RITES’ Corporate Office, Gurugram. On the occasion, Chairman & Management Director Mr. Rahul Mithal launched

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Kia EV9 wins coveted Red Dot: ‘Best of the Best’ Award

News Desk 30/04/2024

The Kia EV9 has been recognized with the prestigious ‘Best of the Best’ award at the Red Dot Award: Product Design 2024 in the Cars and Motorcycles category. Success at the highest level of the global design competition acknowledges the contribution Kia as a brand, and the EV9 in particular, has made to setting exceptional […]

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Al Shindagha Museum- A Modern Journey through Dubai’s Rich Heritage and Cultural Tapestry

News Desk 30/04/2024

As Dubai gears up to host the prestigious International Council of Museums (ICOM) General Conference for the first time in the MENASA region in 2025, Al Shindagha Museum is poised to play a pivotal role in this landmark event. Managed by the Dubai Culture & Arts Authority (Dubai Culture), the museum is a testament to […]

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NextPower V ESG Reaches $745 Million To Date

News Desk 30/04/2024

NextEnergy Capital (“NEC”), a leading global renewables manager specialised on the solar+ infrastructure sector, is delighted to announce the conclusion of its second close of $265 million for its fifth strategy, NextPower V ESG (“NPV ESG”). NPV ESG is an OECD-focused solar and battery storage strategy targeting $1.5 billion with a $2 billion hard cap […]

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Innovative, State-Of-The-Art LG MAGNIT Transforms your Space into a Spectacular Visual Journey

News Desk 30/04/2024

LG Electronics’ (LG) LG MAGNIT 118” Micro LED screen is setting a new standard for premium home cinema experiences. This state-of-the-art innovation brings sophistication and brilliance into the heart of your home, transforming everyday spaces into breathtaking environments delivering eye-popping visuals. The LG MAGNIT will unveil be unveiled to local media and

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Geopolitical stability, inclusive growth, energy security under spotlight in Riyadh

News Desk 30/04/2024

Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity. Speaking at the Special Meeting, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al

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Real Estate Decarbonisation Platform Accacia Raises US$6.5m Pre-A Round Led by Illuminate Financial

News Desk 30/04/2024

Accacia, a decarbonisation platform focusing on the Real Estate and Infrastructure sectors, has closed a US$6.5m pre-Series A round led by Illuminate Financial – a specialist VC firm focused on enterprise fintech companies building solutions for the financial services industry. Southeast Asia based AC Ventures also participated in this round, alongside continued

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Hamad International Airport Sets New Record in Q1 2024

News Desk 30/04/2024

Hamad International Airport (DOH) continues to strengthen its position as a global aviation hub, with Q1 2024 marking its busiest quarter yet, surpassing all previous records set in 2023. This quarter saw a remarkable surge in passenger traffic, recording a 27.6% increase, as well as significant growth in aircraft movements by 23.9% and cargo operations […]

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Todd Clegg Named Carestream’s Chief Executive Officer

News Desk 30/04/2024

Carestream, a world-leading provider of medical imaging systems and non-destructive testing solutions, announced that Todd Clegg has been named CEO and appointed to the Board of Directors, effective immediately. Mr. Clegg joined Carestream in October last year and has been the company’s interim CEO since December 1. “I am excited to continue in my role […]

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Dubai Municipality launches Health and Safety Week event

News Desk 30/04/2024

Dubai Municipality has kicked off today April 29, its Health and Safety week event on Monday, April 29, in conjunction with the World Workplace Health and Safety Day, which is celebrated on April 28 each year. With exeptional active participation of both government and private entities, to promote best practices and exchange

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Intelsat, CNH Smart Farming Satellite Connectivity Coming to Brazil

News Desk 30/04/2024

Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks, and CNH (NYSE: CNHI), whose brands include Case IH, New Holland and Steyr, agreed to install, connect and operate ruggedized multi-orbit satellite terminals on CNH farm equipment operating in remote farmland throughout Brazil with Intelsat’s global network. “As the first

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Best’s Market Segment Report: AM Best Maintains Stable Outlook on Insurance Markets

News Desk 30/04/2024

AM Best is maintaining its market segment outlook for the insurance markets of the Gulf Cooperation Council (GCC) at stable. In its new Best’s Market Segment Report, “Market Segment Outlook: Gulf Cooperation Council Insurance”, AM Best notes that growth prospects for the insurance sector remain plentiful as new insurable risks enter the market while high oil […]

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HCLTech Reports FY24 Revenue of $13.3 Billion

News Desk 30/04/2024

HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2024. The company reported full year revenue of $13.3 billion, up 5.4% YoY. Digital Services revenue grew by 5.3% (CC) and now contributes to 37.3% of IT Services revenue. HCLSoftware’s Annual Recurring Revenue came […]

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ECI Highlights Growth and Sustainability in Global Trade Finance

News Desk 29/04/2024

Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, participated in the Berne Union Spring Meeting held in Oslo, Norway, from 23rd to 25th April, which explored the ECAs’ role in a rapidly changing global trade landscape and in fostering international trade. At the meeting, ECI highlighted the crucial role of strategic partnerships in […]

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FEEL OUR ISLANDS ENERGY: Mauritius Showcases Luxury and Adventure at ATM 2024

News Desk 29/04/2024

Mauritius, the leading destination for luxury holidays in the Indian Ocean, is delighted to announce its participation in the highly anticipated Arabian Travel Market (ATM) 2024, set to take place from May 6th to May 9th, at the Dubai World Trade Centre, inviting attendees to ‘Feel our island energy’ and let Mauritius captivate your heart. […]

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Emirates Development Bank Forum Highlights Role of Strategic Partnerships

News Desk 29/04/2024

In partnership with MoIAT’s “Make it in the Emirates” initiative, Emirates Development Bank (“EDB” or “the Bank”), today hosted the highly anticipated Sharjah edition of EDB Connect at the Sharjah Research, Technology, and Innovation Park, convening key industry leaders, government officials, and business innovators to discuss, debate, and

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Investopia 2024 launches the Next50 initiative in collaboration with EMIR

News Desk 29/04/2024

In the presence of His Excellency Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of Investopia, Investopia launched the Next50 initiative in collaboration with Emerging Markets Intelligence & Research (EMIR) – the exclusive boutique advisory and research firm. The initiative aims to unlock fresh investment opportunities for high-potential and rapidly

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H.E. Bin Touq leads UAE delegation participating in World Economic Forum in Riyadh

News Desk 29/04/2024

H.E. Abdulla bin Touq Al Marri, Minister of Economy, led the UAE delegation at the World Economic Forum in Riyadh, Saudi Arabia, that was held on April 28and 29under the theme ‘International Cooperation, Growth, and Energy for Development.’ The delegation included Abdullah Ahmed Al Saleh, Undersecretary at the Ministry of Economy. At the forum, H.E. […]

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InSinkerator partners with Emirates Environmental Group to make UAE greener

News Desk 29/04/2024

InSinkErator, a company of Whirlpool Corporation, is the inventor and world’s largest manufacturer of food waste disposers for both household and commercial applications and is the clear global market leader. Committed to providing state of the art technologies and solutions for handling food waste in the most environment-friendly way, InSinkErator, in the honor of the