NEWS DESK

Massachusetts Institute of Technology (MIT) Approves PTE Academic

PR News Desk 12/08/2024

Pearson (FTSE: PSON.L), the world’s lifelong learning company, has achieved new recognition for the Pearson Test of English (PTE) Academic. Effective immediately, the Massachusetts Institute of Technology (MIT) in the United States has recognized PTE for undergraduate admissions. MIT joins over

NEWS DESK

Demand for at-home visa services increases by 20%; trend shifting towards families and individuals

PR News Desk 12/08/2024

VFS Global’s Visa At Your Doorstep solution, which provides visa application services at the applicant’s home or office, has witnessed a 20% growth in demand from travellers, both from Middle East and within the UAE, in the first half of 2024. This year, VFS Global added Bulgaria, Croatia and Japan to the list of countries […]

NEWS DESK

Curate your perfect soundtrack with Yango Play’s latest AI-powered music features

PR News Desk 12/08/2024

Yango Play, the first AI-powered entertainment super app that combines video streaming, live TV channels, music, and mini-games, has introduced smart features that will take your music experience to the next level along with new tracks, albums, and special playlists. Curated by My Vibe, the app’s AI music recommendation feature that dynamically adapts to each […]

NEWS DESK

Al Habtoor Group Showcases Unprecedented Construction Records in 12 months at Al Habtoor Tower

PR News Desk 12/08/2024

Al Habtoor Group, a pioneer in the construction and real estate industry, is proud to announce remarkable construction progress at Al Habtoor Tower, poised to become a new icon on Dubai’s skyline. Under the visionary leadership of Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, this landmark development has reached significant milestones that […]

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Oil Prices Extend Gains; Gold Set for Weekly Decline as U.S. Stocks Edge Higher – APM Capital Market Report

PR News Desk 12/08/2024

Mark Pussard, Head of Risk, APM Capital Commodities Oil prices continued their week-long upward momentum on Friday, snapping a four-week losing streak, with Brent crude futures increasing to $79.66 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures prices rose to $76.18 per barrel. Both contracts gained around 3.70% and 4.50%, respectively, this week. […]

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AED7 billion development phase transforms Al Wasl District into Downtown Villas of Dubai

PR News Desk 12/08/2024

A landmark phase of development is transforming one of Dubai’s prime residential neighbourhoods, attracting investors with an extraordinary AED7 billion collection of ultra-luxury villas and mansions. Gaining recognition as the ‘Downtown Villas of Dubai’, this new community taking shape in the Al Wasl District offers both investors and end users the rare commodity of

NEWS DESK

ADNOC Gas Announces Record Q2 Net Income of $1.19 Billion

PR News Desk 12/08/2024

Revenue tops $6 billion, for third quarter in a row, driven by stronger domestic gas growth    Continued focus on efficiency drives EBITDA growth to $2.09 billion, up 18% year-on-year Interim dividend of $1.706 billion approved, up 5% on 2023; $3.41 billion to be distributed for the full year Abu Dhabi, UAE – August 12,

NEWS DESK

Statement by H.E. Ahmad Saeed bin Meshar Al Muhairi

PR News Desk 11/08/2024

“International Youth Day is observed globally every year to highlight the crucial role of the youth as strategic partners in economic and social development and as a driving force for change. The celebration of this day underscores the challenges facing the youth and the importance of their empowerment, recognising their innovative spirit and unwavering determination […]

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ASM Global’s Savor Team USA Heads to Singapore

PR News Desk 09/08/2024

ASM Global’s culinary division SAVOR, which provides elevated food experiences for the globe’s most prestigious arenas, stadiums, convention/exhibition centers and performing arts venues, has announced the national winners of the American round of the world’s only competition for young culinary and hospitality talent. Thomas Mendel, chef from Hamel Winery; Jaclyn

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Tecnotree Announces H1 2024 Financial Results: Positive Free Cash Flow

PR News Desk 09/08/2024

Tecnotree, a global leader in digital platforms for AI, 5G, and cloud-native technologies for the telecommunications industries, has released its H1 2024 financial results, demonstrating revenue stability, positive free cash flow, enhanced product offerings and acquisition of new logos. First half (January-June 2024) *On 19 April 2024, Tecnotree executed a reverse split,

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Azizi Developments reaches 41% completion of Azizi Vista in Dubai Studio City

PR News Desk 09/08/2024

Azizi Developments, a leading private developer in the UAE, has announced the 41% construction completion of Azizi Vista in Dubai Studio City, one of Dubai’s most distinguished residential areas. Featuring studio apartments and one- and two-bedroom residences, the development’s projected completion date is set for Q1 of 2025. With overall finishes currently at 23%,

NEWS DESK

Redefine your corporate stay with Novel Hotel City Center

PR News Desk 09/08/2024

Novel Hotel City Center, a 4-star downtown hotel in Abu Dhabi, offers corporate guests an exceptional blend of personalized service and authentic Arabian hospitality at the heart of the capital. Situated in the vibrant commercial district of Hamdan street, Novel Hotel City Center is ideally positioned for business travelers. The hotel features 207 elegantly designed […]

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UAE to host seventh Arab Competition Forum in 2026

PR News Desk 09/08/2024

The UAE is set to host the seventh Arab Competition Forum scheduled for 2026, organized by the United Nations Economic and Social Commission for Western Asia (ESCWA), the United Nations Conference on Trade and Development (UNCTAD), and the Organization for Economic Co-operation and Development (OECD). During the Forum, the Ministry of Economy will highlight the […]

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Ministry of Economy continues its efforts in implementing the UAE’s AML/CFT legislative and regulatory system

PR News Desk 09/08/2024

The Ministry of Economy affirmed that it continues its efforts to implement the legislative and regulatory system for anti-money laundering in the country, in accordance with international best practices. In addition, the Ministry continues to monitor the Designated Non-Financial Businesses and Professions (DNFBP) sector in order to ensure its highest levels of compliance

NEWS DESK

Andromeda extends loan distribution network into the Middle East to cater to NRI financial needs

PR News Desk 09/08/2024

Andromeda Sales & Distribution, India’s premier loan distribution network, is pleased to announce its strategic expansion into the Middle East, a move fuelled by its exceptional domestic performance. The company recorded over 23% growth in loan disbursals, reaching $9,048 million (Rs. 75,397 crore) during the Financial Year 2023-24. This notable growth was primarily

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Morinaga Milk Obtains the Registration of “New Food Ingredient” in China

PR News Desk 09/08/2024

Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company, today announced its proprietary probiotic Bifidobacterium infantis M-63 was approved by the National Health Commission (NHC) of the People’s Republic of China as a new food ingredient for use in infant and children foods (under the age of three) on 25 July, 2024.

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Global AI Optimism Rankings Released: Embrace AI or Fall Behind, Warns New Report

PR News Desk 09/08/2024

Research from IFS, the leading technology provider of enterprise cloud and industrial AI software, has revealed the Global AI Optimism League Table. The global study Industrial AI: the new frontier for productivity, innovation and competition involved 1,700 senior decision makers from Manufacturing, Telecommunications, Aerospace & Defense, Services, Construction &

NEWS DESK

Almost 90% of Businesses Use AI, But Tech and Talent Challenges Remain

PR News Desk 09/08/2024

Cloudera, the only true hybrid platform for data, analytics and AI, recently announced the findings from its survey, The State of Enterprise AI and Modern Data Architecture. The report – which is based on a survey of 600 IT leaders located in the U.S., EMEA, and APAC regions – explored the challenges and barriers that […]

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UAE-Headquartered Quest Nutra Pharma Digitises Critical Quality Management and Operational Processes with Kissflow

PR News Desk 09/08/2024

Quest Nutra Pharma (Quest), a leading manufacturer of nutraceuticals/pharmaceuticals food supplements, has partnered with Kissflow to streamline and enhance its mission-critical workflows using the vendor’s Low-Code platform. By digitalising over 30 processes, Quest has not only been able to move towards paperless operations, but also managed to automate large portions of

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Zebra Technologies Takes British University’s AI Spin-out Global

PR News Desk 08/08/2024

Zebra Technologies Corporation (NASDAQ: ZBRA),a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, is taking AI computer vision global with a portfolio as well as research and development that is infusing ‘AI eyes’ into technology that businesses and their workers are using today. “We’re bringing computer vision to