NEWS DESK

TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League

News Desk 29/04/2024

TUM (Technical University of Munich) from Germany, claimed victory at the inaugural Abu Dhabi Autonomous Racing League (A2RL), at Yas Marina Circuit on Saturday (April 27).  As the cars lined up on the grid, with antennae, sensors, AI capabilities, and drive-by-wire systems instead of

NEWS DESK

H.E. Bin Touq and his Estonian counterpart explore potential avenues

News Desk 29/04/2024

H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a bilateral meeting with H.E. Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the new economy, entrepreneurship, tourism,

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Investopia 2024 emphasizes importance of driving new economy projects

News Desk 28/04/2024

Investopia 2024 effectively organized an all-encompassing strategic discussion, bringing together more than 105 speakers, including ministers, policymakers, leading investors, economic experts, and entrepreneurs from different regions of the world. The objective was to outline a distinct roadmap for promoting sustainable economic growth for countries and communities alike.

NEWS DESK

Bank of Sharjah acts as Joint Lead Manager and Bookrunner

News Desk 28/04/2024

Bank of Sharjah, one of the leading commercial banks in the UAE, reaffirms its commitment to expanding its presence in local, regional and international markets. Accordingly, the Bank has acted as a Joint Lead Manager and Bookrunner in a US$ 300 Million Additional Tier 1 (AT1) 5.5 years Sukuk for Kuwait International Bank (KIB), alongside […]

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DIFC delivers record 23 per cent YoY growth in underwriting volumes

News Desk 28/04/2024

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has consolidated its position as the principal hub for the (re)insurance industry, with the highest gross written premiums (GWP) recorded in its 20-year history at close to USD 2.6bn, up 23 per cent from USD […]

NEWS DESK

EasyLease Achieves Remarkable Financial Growth in Q1 2024

News Desk 27/04/2024

EasyLease (ADX: EASY LEASE), the esteemed mobility solution company and a subsidiary of Abu Dhabi-based International Holdings Company (ADX: IHC), today announced its financial results for the first quarter ended March 31, 2024. The company reported a remarkable revenue of AED 97.36 million, reflecting a 38.6% growth compared to Q1 2023, and a robust operational […]

NEWS DESK

HCLTech Reports FY24 Revenue of $13.3 Billion, up 5.4% YoY

News Desk 27/04/2024

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 […]

NEWS DESK

Kinaxis Positioned Highest on Ability to Execute in the Gartner® Magic Quadrant

News Desk 27/04/2024

Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions. Of the 20 vendors evaluated, Gartner positioned Kinaxis highest on Ability to Execute, marking the company’s 10th consecutive Leaders Quadrant within the report, a

NEWS DESK

Week Two of Dubai Food Festival Delivers Exciting Dining Adventures Citywide

News Desk 27/04/2024

The Dubai Food Festival is sizzling into its second week, promising an even more tantalising array of culinary adventures, exclusive menus, thrilling events, and a whole lot more to stir the appetite.  Whether you’re craving curated menus at Dubai Restaurant Week, beachside delights at e& Beach Canteen, or diverse culinary adventures with Foodie Experiences, week

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Aspen Technology Introduces New Strategic Planning for Sustainability Pathways Solution

News Desk 27/04/2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments. The AspenTech Strategic

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Jaguar TCS Racing confirms long-term future with commitment to compete in the GEN4 era of Formula E

News Desk 26/04/2024

Jaguar TCS Racing have confirmed a long-term commitment to the ABB FIA Formula E World Championship by signing to participate in the GEN4 era, set to commence in 2026 and running through seasons 13-16. James Barclay, Managing Director JLR Motorsport and Jaguar TCS Racing Team Principal confirmed the news on the eve of the Monaco E-Prix: “This […]

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Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem

News Desk 26/04/2024

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport – Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism – Abu

NEWS DESK

2024 Seoul My Soul in Dubai to be held May 6-7

News Desk 26/04/2024

The Seoul Metropolitan Government and the Seoul Tourism Organization are hosting a tourism promotion event, ‘Seoul My Soul in Dubai’, on May 6th and 7th at Dubai’s The Agenda to showcase the charms of Seoul. The event aims to highlight the vibrant Seoul lifestyle and its soulful essence. The organizers have prepared a diverse program featuring a […]

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Takeda Receives Positive CHMP Opinion for Fruquintinib

News Desk 26/04/2024

Takeda (TSE:4502/NYSE:TAK) today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended the approval of fruquintinib, a selective inhibitor of vascular endothelial growth factor receptors (VEGFR) -1, -2 and -3 for the treatment of adult patients with previously treated metastatic colorectal cancer (mCRC).

NEWS DESK

Tecnotree Achieves Strong Q1 2024 Results

News Desk 26/04/2024

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue. The company maintained its momentum in driving global sales of its digital platform, in the first quarter of 2024, completing many […]

NEWS DESK

Great food, family fun and good vibes await at e& Beach Canteen

News Desk 26/04/2024

Get ready for non-stop food, fun and fiesta vibes at e& Beach Canteen, taking place from Thursday 25 April to Sunday 12 May as part of DFF. In collaboration with Brag, Dubai’s favourite beachside dining pop-up promises a delicious fusion of gastronomy, entertainment, and family-friendly activities on the picturesque shores of Jumeirah Beach, located just […]

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Moro Hub Presents Green Certificate to Deem Finance

News Desk 26/04/2024

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Deem Finance LLC. The Green Certificate was presented to Christopher Taylor, CEO of Deem Finance by Mohammed Bin Sulaiman, CEO of Moro Hub. The pioneering initiative acknowledged the efforts of the company for […]

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3rd Africa Airforce Forum to celebrate Nigerian Air Force’s 60th Anniversary

News Desk 26/04/2024

Marking the momentous 60th anniversary, the Nigerian Air Force, in collaboration with Great Minds Event Management, is proud to present the third edition of the African Air Forces Forum. This significant event is scheduled to take place from May 23 to May 24, 2024, at the Abuja International Conference Centre. The celebration continues with a […]

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Stand-out Shots from Food Focus Dubai Photography Competition Revealed

News Desk 26/04/2024

Get ready to devour some seriously mouthwatering photography as Dubai’s diverse and fascinating street food scene is captured as part of the Food Focus Dubai Photography Competition, presented by the Dubai Food Festival (DFF) and Gulf Photo Plus, are revealed. In its annual second edition, this city-wide competition called on residents and visitors to capture […]

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Joe & The Juice to Launch All-Day Breakfast Menu Across UAE Stores

News Desk 26/04/2024

Joe & The Juice, the renowned Danish Concept Brand, is thrilled to announce the launch of its all-day breakfast menu, debuting on 25th April, 2024, across all UAE branches. The breakfast menu is designed to cater to the cravings of health-conscious individuals seeking fulfilling options to kick start the day. The beloved Eggcado Sandwich, which […]