NEWS DESK

New digital technologies improve tax compliance as FTA increases inspection visits

PR News Desk 19/02/2025

In efforts that support the protection of consumer rights, the Federal Tax Authority (FTA), in cooperation with the relevant authorities, stepped up its implementation of control plans, in 2024, the aim being to combat tax evasion and increase the level of tax compliance, across the UAE. In

NEWS DESK

COT Report: Crude, Gold and Grains See Mild Profit Taking– Saxo Bank MENA

PR News Desk 19/02/2025

Forex: In the forex market, speculators sold USD at an accelerated pace, leaving the gross long versus eight IMM futures down 15% on the week but still at an elevated level of USD 26.5 billion. All the major currencies, except EUR, saw net buying, led by strong demand for JPY, which lifted the net long […]

NEWS DESK

Databricks to invest up to $300 million in the Kingdom of Saudi Arabia over the next five years

PR News Desk 19/02/2025

At LEAP 2025, Databricks, the data and AI company, announced its plans to invest up to US$300 million in the Kingdom of Saudi Arabia over the next five years. This investment will be used to enable its growing local customer base to combine data, analytics and AI on the Databricks Data Intelligence Platform and will […]

NEWS DESK

New A3+ inkjet printer for enthusiast photographers

PR News Desk 19/02/2025

Canon has recently released the imagePROGRAF PRO-310, a new inkjet printer for enthusiast photographers with 10-colour pigment ink for A3+ printing, which combines high photographic image quality, light-fastness and abrasion resistance. The Canon imagePROGRAF PRO-310, a new product in the large-format inkjet printer series, is a printer that meets the needs of

NEWS DESK

Ericsson unveils new wave of radio, antenna, and RAN Connect products

PR News Desk 19/02/2025

As telecoms industry engagement with high-performing programmable networks ramps up globally, Ericsson (NASDAQ: ERIC) is meeting related future needs through a significant product portfolio boost. Ahead of Mobile World Congress (MWC) 2025 in Barcelona, the company is introducing innovative new radios, antennas, and open fronthaul solutions called RAN Connect designed to

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Saudi German Hospital Makkah achieves HIMSS Stage 6 certification

PR News Desk 19/02/2025

Saudi German Hospital (SGH) Makkah has been awarded the prestigious HIMSS (Healthcare Information and Management Systems Society) Stage 6 certification. This globally recognised distinction is presented to hospitals demonstrating excellence in advanced electronic medical record (EMR) adoption, digital infrastructure, and seamless technology integration to enhance patient

NEWS DESK

LG TEAMS UP WITH CARTLOW FOR A GREEN REVOLUTION

PR News Desk 19/02/2025

LG Electronics (LG) is announcing a groundbreaking partnership with Cartlow, the leading platform driving the shift toward a circular economy in the region, and LGs distributer, Al Yousuf Electronics.This innovative collaboration is focused on promoting sustainable consumption and responsible e-waste management. Starting with key LG products, including Washing Machines and

NEWS DESK

Daring, Dynamic, Distinctive: NEV brand DEEPAL arrives in the UAE

PR News Desk 19/02/2025

DEEPAL, the electric vehicle (EV) brand, is poised to make a bold entry into the Middle East and Africa (MEA) region when the DEEPAL S07 will meet local customers for the first time on February 25 in the UAE. Echoing the region’s energetic spirit and dynamic growth, the DEEPAL brand aims to inspire the younger […]

NEWS DESK

Inception and Fairmarkit Join Forces to Transform Enterprise Procurement

PR News Desk 19/02/2025

Inception, a G42 company specializing in AI-native products, has signed a Memorandum of Understanding (MoU) with Fairmarkit, a U.S.-based leader in procurement sourcing automation. Signed at the IDC Middle East CIO Summit 2025, the collaboration will integrate Fairmarkit’s AI powered autonomous sourcing technology into Inception’s AI-powered procurement ecosystem.

NEWS DESK

How to bootstrap: Infobip’s journey from startup to unicorn without raising funds

PR News Desk 19/02/2025

Global communications platform Infobip has released a new documentary, distributed with CBS News, showcasing its journey from startup to the first Croatian company gaining a billion-dollar valuation without external funding. The documentary details Infobip’s exponential growth and how it has helped some of the world’s most well-known businesses provide more

NEWS DESK

Dubai Chambers awarded prestigious Level 3 Organisational Maturity Certification

PR News Desk 19/02/2025

Dubai Chambers has been awarded the Organisational Maturity Certificate (OMC) in Innovation – Level 3 by the Global Innovation Management Institute (GIMI) based in Boston, Massachusetts, USA. The achievement represents a significant milestone for Dubai Chambers that positions the organisation as the first chamber of commerce in the MENA region to receive the prestigious

NEWS DESK

Regional hospitality growth under the spotlight at Arabian Travel Market 2025

PR News Desk 19/02/2025

The hospitality sector in the GCC is experiencing a strong resurgence, with new data compiled by STR on behalf of Arabian Travel Market (ATM) revealing significant growth across the region in 2024. According to the report, aggregated Revenue per Available Room (RevPAR) across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE last year rose […]

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Tungsten Expands Institutional Custody Support to MANTRA (OM)

PR News Desk 19/02/2025

Tungsten Custody Solutions Ltd, a regulated digital asset custodian based in Abu Dhabi Global Market (ADGM), has announced its support for MANTRA (OM) and its collaboration with the MANTRA, further expanding its institutional-grade custody services. This strategic move enables institutional clients to securely custody OM tokens while leveraging Tungsten’s regulated

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IMAN Developers unveils 15 Cascade Featured By Versace Ceramics

PR News Desk 19/02/2025

IMAN Developers, a leading luxury real estate developer in Dubai, is proud to announce the launch of 15 Cascade, featured by Versace Ceramics, an exclusive mixed-use residential development valued at AED 700 million. Located at the gateway to Motor City, 15 Cascade seamlessly blends nature, design, and movement to offer a refined and dynamic living […]

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UAE’s Premier Marine Delivers First Locally Built Cargo Barge to ADNOC Logistics & Services

PR News Desk 19/02/2025

In a significant milestone for the UAE’s shipbuilding industry, Premier Marine Engineering Services has successfully delivered its first locally built cargo barge to ADNOC Logistics and Services (ADNOC L&S), a global energy maritime logistics company. The barge, ADNOC B20, marks the beginning of a long-term partnership between the two companies under a five-year

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RANGE ROVER LAUNCHES ITS FIRST EIGHT-PIECE LIFESTYLE CAPSULE

PR News Desk 19/02/2025

Range Rover combines its signature modernist design ethos and iconic British heritage to launch its first eight-piece lifestyle capsule. The limited-edition, collection seamlessly blends classic, and versatile pieces with bold colours to debut its own unique print design inspired by Range Rover’s design language. Designed in-house under the creative vision of Chief

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King Abdullah Economic City signs strategic partnership

PR News Desk 19/02/2025

King Abdullah Economic City (KAEC) and Arcapita, the global alternative investment firm, announced that they have signed a Memorandum of Understanding (MoU) at a ceremony held in Bahrain. This strategic collaboration will focus on developing state-of-the-art warehousing facilities, promoting the Industrial Valley’s growth, enhancing operational capabilities within KAEC and

NEWS DESK

Bitget Secures Virtual Asset Service Provider license in Bulgaria

PR News Desk 19/02/2025

Bitget, the leading cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The official licensing now enables Bitget to offer a comprehensive suite of crypto services within Bulgaria, including the exchange, trading, transfer, custody, and public offering of crypto assets, as

NEWS DESK

New Research Reveals that AI Brings Productivity Gains

PR News Desk 19/02/2025

Alteryx, Inc.,  an AI platform for enterprise analytics, today released research exploring the evolving role of the data analyst. The report, titled “The 2025 State of the Data Analyst in the Age of AI,” surveyed 1,400 global analysts including data, IT and operations analysts, across five industries to determine how the role of the data […]

NEWS DESK

Khansaheb Industries and 75F Middle East Trading LLC Team Up to Drive Energy Efficiency

PR News Desk 19/02/2025

The renowned provider of energy-efficient products and technologies, Khansaheb Industries (KIND), a subsidiary of the esteemed Khansaheb Group, has embarked on an exciting new chapter through a new partnership with 75F Middle East Trading LLC, a 100% subsidiary of 75F Inc. USA and a global pioneer in IoT-driven building management systems offering predictive and proactive