Business

BaroPace Receives Approval for First-in-Human Clinical Trial

Middle East News 247 25/07/2023

SAMMAMISH, Wash. — BaroPace, Inc., a medical technology company dedicated to using blood pressure to regulate pacemakers for patients with heart failure with preserved ejection fraction and hypertension, announced today that it has received approval from the Central Drugs Standard Control

Business

LG ELECTRONICS AND DMCC COLLABORATE FOR ALMAS TOWER VIDEO WALL DIGITALIZATION

Middle East News 247 25/07/2023

Dubai, United Arab Emirates — LG Electronics (LG) recently completed the installation of its state-of-the-art video walls at the Almas Tower in Dubai. The milestone collaboration between LG and DMCC is a testament towards LG’s commitment to transforming the digital signage landscape while enhancing visitor experience at the skyscraper. The video walls installed at

Business

China Trading Desk Launches Comprehensive China Travel Dashboard Amid Rising Outbound Travel

Middle East News 247 25/07/2023

SINGAPORE — China Trading Desk, a premier provider of marketing and advertising solutions for the Chinese market, is proud to announce the release of our game-changing tool – the China Travel Dashboard. Built to provide unparalleled insights into the evolving attitudes, expectations, and behaviours of outbound travellers from China, this dashboard is born out of […]

Business

ABCC celebrates 71 years of excellence in reinforcing Arab-Brazilian bilateral ties

News Desk 2 25/07/2023

25 July 2023- The Arab Brazilian Chamber of Commerce (ABCC) celebrated its 71st anniversary, marking decades of unparalleled dedication to foster economic, social, and cultural ties between Brazil and the Arab world. The Chamber, established in 1952 and standing as a testament to the visionary spirit of Arab immigrants and their descendants, continues to play […]

Business

The Family Office Unveils Its New Fintech Lab For Unmatched Digital Investment Experience

News Desk 2 24/07/2023

The Family Office, the leading wealth manager in the GCC, is delighted to announce the launch of its new Fintech Lab at its Bahrain headquarters, further solidifying the company’s commitment to delivering unmatched digital investment products and experiences for its clients. Driven by an unwavering pursuit of innovation, The Family Office has consistently pushed the […]

Business

Kyndryl and Monstarlab Partner to Fuel Customer Innovation

News Desk 2 24/07/2023

RIYADH & DUBAI, July 24 2023 – Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Monstarlab, a global leader in digital transformation and innovation consulting, today announced a strategic collaboration to support customers in the Middle East to achieve their digital strategy goals and accelerate the region’s transformation into a

Business

GSC Announces New Partnership with Pion Inc

Middle East News 247 24/07/2023

Dubai, United Arab Emirates — Gulf Scientific Corporation (GSC) and Pion Inc. have announced a strategic distributor partnership, marking a significant development in the scientific community. This collaboration brings together GSC’s extensive presence in the Gulf region and Pion Inc.’s ground-breaking solutions for pharmaceutical research and development. The

Business

Admiral Expands its Global Footprint in the Middle East with New Partners

News Desk 2 24/07/2023

UAE, 24th July 2023: Admiral has recently expanded its Global Footprint across Middle East, Africa, and Southeast Asia, by partnering with few of the strongest distributors in various countries. Admiral Appliances and Electronics FZE, a 100% subsidiary of Admiral Corporation of America based out of Dubai, UAE is a well-known American brand that operates across […]

Business GCC Saudi Arabia

Saudi Fund for Development signs a $10 million loan agreement to construct business incubation centers in the Bahamas

Middle East News 247 22/07/2023

Riyadh, Saudi Arabia — The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed the first development loan agreement worth $10 million in SFD’s headquarters in Riyadh with Hon. Isacc Chester Cooper, Deputy Prime Minister and Minister of The Bahamas Ministry of Tourism, Investments & Aviation. The agreement involves the construction

Business

Jam City Unleashes the Super Heroes and Super-Villains of the DC Universe in Epic New Puzzle RPG Game, DC Heroes & Villains

Middle East News 247 22/07/2023

LOS ANGELES — Leading global entertainment studio Jam City today announces the worldwide launch of DC Heroes & Villains, the first action-packed puzzle RPG game that features the most iconic Super Heroes and Super-Villains of the DC universe wrapped in an original storyline and set across legendary and landmark locations. Available in the App

Business

ROR receives ISO certification for coffee services

News Desk 2 20/07/2023

Dubai, United Arab Emirates: Emirati owned coffee leaders, ROR Coffee Roastery (Rate of Rise) has announced that it has been awarded ISO 22000:2018 certification for receiving, storing, roasting, grinding, packaging and distribution of coffee. Already certified to HACCP level, this newest achievement showcases the standard the company meets for its customers while

Business

LG DRIVES HOME CLEANING EVOLUTION WITH CORDZERO A9 VACUUM CLEANERS

Middle East News 247 20/07/2023

Dubai, United Arab Emirates – LG Electronics (LG) recently announced the latest additions to its A9 CordZero wireless stick vacuum cleaner collection, the LG Cord Zero A9 Core and the feature packed A9 Ultra. Stepping up from the previous generation of the company’s first cordless stick vacuum cleaners with steam mopping, the A9 Core and […]

Business

CHALHOUB GROUP REVEALS THE FINDINGS OF THE MOST EXTENSIVE BEAUTY STUDY IN THE REGION

News Desk 2 20/07/2023

UAE, Dubai, 20 July 2023: Chalhoub Group has released its comprehensive beauty report titled “Decoding the Beauty Consumer in the GCC.” The report offers a deep understanding of consumer behaviour, preferences, and trends within the beauty category in the United Arab Emirates (UAE), Saudi Arabia (KSA), and Kuwait. The methodology of the study included a […]

Business

FPT Software Joins Scaled Agile Partner Network

Middle East News 247 20/07/2023

HANOI, Viet Nam — Global IT company FPT Software announced that it has joined the Scaled Agile Partner Network as a Bronze Transformation Partner. This strategic alliance grants FPT Software access to a worldwide network of transformation and platform providers dedicated to facilitating and accelerating business results by adopting the Scaled Agile Framework (SAFe®). As

Business

With Intelligence Announces That Motive Partners Has Acquired a Majority Stake

Middle East News 247 20/07/2023

LONDON & NEW YORK — With Intelligence, a leading provider of investment data and intelligence for allocating, fund-raising and business development in the public and private markets, announced that it has received a majority investment from funds advised by Motive Partners (“Motive”), a specialist private equity firm focused on financial technology. Intermediate

Business

Network International partners with MishiPay Ltd. to bring innovative self-checkout solutions to the Middle East

News Desk 2 20/07/2023

Dubai, UAE, 20 July, 2023 – Network International (Network), the leading enabler of digital commerce in the Middle East and Africa (MEA), has collaborated with MishiPay Ltd., the leading provider of mobile self-checkout technology, to introduce to its merchants innovative self-checkout solutions, designed exclusively for retail and convenience stores across the United Arab

Business GCC UAE

Two major agreements announced at UAE-Turkey Business Forum promise to boost cooperation in critical sectors

News Desk 2 20/07/2023

Abu Dhabi, July 20, 2023: Two major agreements announced at the UAE-Turkey Business Forum held recently in Abu Dhabi were set to provide a boost to UAE-Turkey investment across multiple key sectors of the economy. The two announcements, designed to enhance cooperation between the business communities in the two countries, were announced during the Business […]

Business GCC UAE

Pacific Prime Dubai Wins Outstanding Achievement Award from Sukoon and Bupa Global

Middle East News 247 20/07/2023

DUBAI, United Arab Emirates — Global health insurance brokerage Pacific Prime Dubai has been awarded Outstanding Achievement – All Segments Award from Sukoon and Bupa Global. The award was presented to the team at the Pacific Prime Dubai office on July 12th, 2023, in recognition of their excellent performance in Dubai across both individual and corporate

Business

Intel Capital and Khosla Ventures Lead $27M Investment in SiPhox® Health to Transform Health Testing

Middle East News 247 20/07/2023

BURLINGTON, Mass. — SiPhox Health, the leader in building the next generation of lab-grade home health testing with silicon photonics, raised $27 million in funding including a $10M Seed financing and a $17M Series A round. The Series A round was led by Intel Capital with participation from Khosla Ventures, Kortex Ventures, Alumni Ventures, Metaplanet, […]

Business NEWS DESK

Navigating the World of Interest Rates: Market Analysis, Earning Potential, and Current Outlook

News Desk 2 19/07/2023

Damian Hitchen CEO, Saxo Bank MENA Rising interest rates are a double-edged sword. Ask the risk-averse pensioner who puts his life savings in government bonds for meeting his day-to-day expenses, and he will gleefully rejoice. The reaction of a new couple who have just entered a floating or variable rate mortgage will be quite the […]