NEWS DESK

Rapid changes in commercial real estate values and risk require increased sector specialisation: JLL

News Desk 06/06/2024

The increasing economic openness and diversification strategies, and the rise of many ambitious infrastructure and development projects across the Middle East and North Africa (MENA) are accelerating the demand for value and risk advisory services in the region, according to JLL,

NEWS DESK

Healthtech Startup amplifAI health Selected to Represent KSA and the Middle East in Google’s Growth Academy: AI for Health

News Desk 06/06/2024

amplifAI health, a healthtech startup headquartered in Saudi Arabia, is thrilled to announce its selection as a participant in Google’s prestigious Growth Academy: AI for Health, joining the 2024 cohort. Out of numerous applicants spanning startups from Europe, Africa, and the Middle East, only 24 outstanding companies, including amplifAI health, were chosen for this

NEWS DESK

SES Space & Defense Demonstrates First Multi-orbit, Multi-band Commercial LEO Relay

News Desk 05/06/2024

SES Space & Defense, a wholly-owned subsidiary of SES, today announced the successful demonstration of the first multi-orbit, multi-band commercial space relay service in support of the NASA Communications Services Project (CSP). To demonstrate data relay services, SES Space & Defense partnered with Planet Labs (Planet), the leading provider of global daily Earth

NEWS DESK

Sintavia Awarded Hypersonic Development Contract by U.S. Department of Defense

News Desk 05/06/2024

Sintavia, LLC, the world’s first all-digital aerospace component manufacturer, announced today that it had been awarded a contract by the U.S. Department of Defense for the development of additively manufactured hypersonic propulsion components. The contract, part of the Growing Additive Manufacturing Maturity for Airbreathing Hypersonics (“GAMMA-H”) project, contracted

NEWS DESK

Thales Now Provides Complete Passwordless Functionality for Enterprises with Passwordless 360°

News Desk 05/06/2024

Thales, the leading global technology and security provider, today announced Passwordless 360°, a new concept for passwordless authentication which offers Thales customers the broadest coverage of passwordless function across multiple types of users and assurance levels. Passwordless 360° has the flexibility to let companies use the latest technologies

NEWS DESK

Accor & Amadeus announce a new collaboration

News Desk 05/06/2024

Amadeus and Accor expand their strategic partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its extensive portfolio of properties globally. Amadeus’ cloud-based technology will help Accor, a world-leading hospitality group, in boosting revenues, maximizing distribution strategies, and building deeper and more personalized

NEWS DESK

Crystal Expands Presence in Dubai, Bringing Deeper Support and Market Compliance Capabilities

News Desk 05/06/2024

Crystal, a global leader in blockchain analytics, compliance and risk monitoring, is excited to announce their new office at the Dubai World Trade Centre, emphasizing the firm’s commitment to supporting the more than 1,400 Virtual Asset Service Providers (VASPs) in the region. Crystal, which currently works with notable Dubai-based virtual asset firms, will leverage its

NEWS DESK

The INFINITI QX50: Meeting Small Family Needs with Luxury and Technology

News Desk 05/06/2024

There are couples who research and then there are others who base their car-buying decisions on gut feelings. Both groups find they love the INFINITI QX50. It’s the quintessential vehicle for modern new families, blending sumptuous luxury with forefront technology, perfectly illustrating how it meets diverse needs from daily commutes to adventurous escapades. Small

NEWS DESK

What is behind speculations on the looming US economic slowdown?

News Desk 05/06/2024

As a result of recent weaker than expected US data, particularly from last week and the first two days of the current new trading week, worries and concerns have surfaced regarding the likelihood that the US economy could slide into a deep slowdown in the near future. Investors first thought that the recent data would […]

NEWS DESK

The Big Balloon Ride Announces FREE Train Ride for Kids and Complimentary Henna for Ladies this Eid Al Adha

News Desk 05/06/2024

In the spirit of Eid, The Big Balloon Ride, the premier family entertainment destination, at Al Majaz Waterfront in Sharjah, developed by Sharjah Investment and Development Authority (Shurooq), opens its doors wide, inviting families, especially children to embark on a magical journey aboard a train ride, FREE OF CHARGE. Moreover, in a tribute to the […]

NEWS DESK

UAE survey reveals consumers’ commitment to financial literacy and responsible credit use

News Desk 05/06/2024

Visa (NYSE:V), a world leader in digital payments, has launched the results of a 2024 Financial Literacy Survey which assesses financial knowledge and choices of consumers in the UAE in managing credit, savings and spending. The Visa survey gathers insights from men and women aged between 18-55 years in the emirates of Dubai, Abu Dhabi, […]

NEWS DESK

Bosch registers growth in the Middle East amidst market challenges

News Desk 05/06/2024

Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, which corresponds to 1.95 billion AED, in consolidated sales in the Middle East, registering an increase of 3 percent in euros and 6 percent in AED. The company met its sales expectations despite the challenges faced in […]

NEWS DESK

Emirates Development Bank Showcases Commitment to Supporting Private Sector Companies with Comprehensive Financing Solutions

News Desk 05/06/2024

Emirates Development Bank (‘EDB’ or the ‘Bank), the key financial engine of economic development and industrial advancement in the UAE, is participating as Gold Sponsor at the Bonds, Loans, and Sukuk Middle East 2024 conference. This participation highlights EDB’s dedicated support for businesses of all sizes through innovative financing solutions. Recognized as the

NEWS DESK

Emirates Environmental Group Celebrates 27th Annual Emirates Recycling Awards on World Environment Day

News Desk 05/06/2024

Under the esteemed patronage of H.H. Engr. Sheikh Salem bin Sultan bin Saqr Al Qasimi, the Emirates Environmental Group (EEG) proudly celebrated the 27th Annual Emirates Recycling Awards on World Environment Day. This year’s event, held at Dubai Knowledge Park, brought together a diverse audience representing academic institutions, government bodies, private

NEWS DESK

Rotana announces the opening of its first property in the holy city of Madinah, Al Manakha Rotana

News Desk 05/06/2024

Rotana, one of the leading hotel management companies in the region with 76 operational properties in the Middle East, Africa, Eastern Europe, and Türkiye (MENAT), announces today the opening of Al Manakha Rotana in Madinah, Kingdom of Saudi Arabia (KSA). With a landmark location in the centre of the holy city of Madinah, Al Manakha Rotana […]

NEWS DESK

PMI and PMI KSA Chapter launch new initiative with Hadaf

News Desk 05/06/2024

On the sidelines of the Global Project Management Forum (GPMF) which took place from June 1-3, 2024, in Riyadh, PMI and PMI KSA Chapter announced a new initiative undertaken by the Human Resources Development Fund (HRDF) to empower the national Saudi workforce. This new initiative is part of Saudi Vision 2030, designed to encourage and […]

NEWS DESK

LEADERS IN MODERN BRITISH LUXURY: RANGE ROVER ANNOUNCED AS OFFICIAL PARTNER OF THE CHAMPIONSHIPS, WIMBLEDON

News Desk 05/06/2024

Range Rover has announced its official partnership with The Championships, Wimbledon, bringing together for the first time the oldest tennis tournament in the world, and the world’s foremost luxury SUV brand.The Championships is the quintessentially British sporting highlight of the Summer. Viewed by millions globally, the prestigious Grand Slam tournament will be

NEWS DESK

Ajman Department of Finance Enhances Financial Planning Efficiency

News Desk 05/06/2024

The Ajman Department of Finance recently organised a workshop titled “Financial Planning for Supervisory Personnel in the Ajman Government.” The workshop aimed to equip supervisory personnel in government agencies across the Emirate of Ajman with the skills to plan financial resources efficiently and effectively, thereby playing a vital role in enhancing

NEWS DESK

SLC organises Annual Legislative Audit Meeting 2024

News Desk 05/06/2024

The General Secretariat of the Supreme Legislation Committee in the Emirate of Dubai (SLC) held its Annual Legislative Audit Meeting under the theme ‘Towards Achieving Effective Legislative Compliance.’ The meeting was attended by H.E. Ahmad Saeed bin Meshar Al Muhairi, SLC Secretary General, along with a number of SLC employees and representatives from the government […]

NEWS DESK

Call for Resident Juridical Persons with Licenses Issued in March and April

News Desk 05/06/2024

The Federal Tax Authority (FTA) has called on resident juridical persons subject to Corporate Tax and with licenses issued in March and April (irrespective of the license issuance year) to submit their Corporate Tax registration applications by June 30, 2024, to avoid violating tax legislation. In a press release today, the FTA emphasized the necessity […]