Business

2022 MOI Road Statistics Released – Less Fatalities, but More Injured and More Accidents

Middle East News 247 19/07/2023

Dubai, United Arab Emirates — The UAE continues the successful journey to reducing the number of fatalities on our roads. The Ministry of Interior (MOI) just uploaded ‘open data’ road safety statistics for 2022, stating 343 road fatalities, a reduction of -10% vs. 2021 (381). The long-term

Business

C&D partners with Conares to facilitate distribution of Chinese steel in GCC

News Desk 2 19/07/2023

DUBAI – July 19, 2023: Conares, the second-largest private steel manufacturer in the UAE, has officially announced a partnership with C&D, a Fortune Global 500 company focused on supply chain operation services and real estate development based in the city of Xiamen, China. This groundbreaking collaboration will empower the Chinese corporation to distribute

Business

Native and Cypher Capital Announce Strategic Partnership and Funding Agreement to Revolutionize Financial Infrastructure in the MENA Region

News Desk 2 19/07/2023

Dubai, 19 July 2023, Native, the groundbreaking financial infrastructure layer, and Cypher Capital, the leading MENA Web3 venture capital fund, are thrilled to announce a newly forged partnership and funding agreement that will propel Native’s impressive growth and further revolutionize the financial landscape in the Middle East and North Africa MENA region. Native

Business

AI Literacy Revolution Sweeping Through the World: Will UAE Entrepreneurs Keep Up with the Pace?

News Desk 2 19/07/2023

Dubai, July 19, 2023 – According to the latest research from McKinsey, over 60 percent of businesses in the GCC region are embracing artificial intelligence (AI) in at least one business function. To strengthen this transition, Creative Zone, UAE’s top business setup consultancy, collaborates with Fahed Bizzari to deliver an entrepreneur-focused edition of the

Business

Saasz Solutions announces exciting new partnership with FujiFilm for Middle East

News Desk 2 19/07/2023

Saasz Solutions, a leading provider of innovative printing solutions, is thrilled to announce its new partnership with Fujifilm Middle East FZE, a renowned name in the imaging and printing industry. The partnership is set to expand the availability and distribution of Fujifilm’s cutting-edge printers in the Middle East region. As part of this collaboration, Saasz […]

Business GCC UAE

UAE advocates for inclusive trade at 3rd G20 Trade and Investment Working Group in India

News Desk 2 19/07/2023

The UAE has participated in the third meeting of the G20 Trade and Investment Working Group (TIWG) held recently in Kevadia, India. His Excellency Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the UAE Ministry of Economy, represented the UAE at talks between G20 member countries, invitee nations, regional assemblies and international

Business GCC UAE

UAE and Japan sign 23 new MoUs in trade, investment, energy, industry, health & technology sectors

News Desk 2 19/07/2023

Abu Dhabi, 18 July 2023 The UAE-Japan Business Forum took place in Abu Dhabi recently in the presence of H.H. Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council; H.E. Fumio Kishida, Japanese Prime Minister; and H.E. Abdullah bin Touq al Marri, UAE Minister of Economy. Other dignitaries who attended the […]

Business

Uptime’s 13th Annual Global Data Center Survey Shows Widening Range of Challenges

Middle East News 247 19/07/2023

NEW YORK — Uptime Institute today announced the release of its 13th Annual Global Data Center survey. The findings show data center operators facing stricter regulations and more pressure to reduce energy, along with persistent staffing and supply chain issues. The Report shows new technologies potentially presenting a promising way forward, but these often are found

Business

NEDAA and Watani Al Emarat Foundation sign MoU to foster national belonging and community service

News Desk 2 18/07/2023

18 July 2023 – The Professional Communications Corporation “Nedaa,” the Dubai Government security networks provider, signed a Memorandum of Understanding (MoU) with Watani Al Emarat Foundation to explore ways of collaboration in areas of shared interest, particularly with regard to fostering national identity, community service and national belonging. H.E.

Business

BB Energy Group Holding Ltd. successfully closed its new syndicated 1 Year Revolving Credit Facility at USD 350 million

News Desk 2 18/07/2023

18 July 2023 BB Energy Group Holding Ltd. – known as BB Energy – a leading and globally integrated commodities group, is pleased to announce the successful signing of its new USD 350 million 1 Year Revolving Credit Facility (RCF). The 365-day RCF will be used to refinance the maturing facility signed in 2021 and […]

Business

Global University GameDev League partners with NVIDIA to find the world’s top student game designers

News Desk 2 18/07/2023

Riyadh, Saudi Arabia, July 18, 2023 – The University GameDev League — a global game development competition for universities organised by Nine66, today announced that it has partnered with NVIDIA to boost the global quest to find the top student game developers and designers of tomorrow. In August, the grand final will see the top two teams […]

Business

Luxury Redefined: Te Mata Glamping Invites Travelers to an Exquisite Retreat in Khao Yai, Thailand

Middle East News 247 18/07/2023

Khao Yai, Thailand — Te Mata Glamping, an exquisite haven where luxury meets nature, invites discerning travelers from the Middle East to embark on an unforgettable retreat in the heart of Khao Yai, Thailand. Surrounded by pristine landscapes and offering a curated selection of activities, Te Mata Glamping promises an extraordinary experience that seamlessly combines […]

Business

EXPERIENCE SUMMER STREAMING WITH LG StanbyME AND StanbyME Go

Middle East News 247 17/07/2023

Dubai, United Arab Emirates — LG Electronics (LG) introduces the LG StanbyME and StanbyME Go. Designed for a summer streaming experience, these devices offer a seamless blend of convenience, versatility, and entertainment. Many of us have Summers on the go and LG has kept that in mind, one of the StanbyME features of the LG […]

Business GCC UAE

JING TEA ™ LAUNCHES NEW SUSTAINABILITY INITIATIVES TO SUPPORT UAE MARKET

Middle East News 247 17/07/2023

Dubai, United Arab Emirates — Luxury tea brand JING Tea™ announce two key initiatives to support the hospitality industry within the United Arab Emirates continuing their commitment to deliver ‘A Better Model of Tea – Highest Quality Single Garden Teas, Responsibly Sourced and Perfectly Presented.’ JING™ teas are certified Carbon Neutral and all teas are […]

Business

Royal Commission for Jubail and Yanbu Signs MoU with Gulf Cooperation Council Interconnection Authority

News Desk 2 17/07/2023

Riyadh, KSA, 17 July 2023 – The Royal Commission for Jubail and Yanbu (RCJY) and the Gulf Cooperation Council Interconnection Authority (GCCIA) have signed a Memorandum of Understanding (MoU) at RCJY headquarters in Riyadh. The agreement was signed by His Excellency Engineer Khaled bin Mohammed Al-Salem, President of RCJY, and His Excellency Engineer Ahmed Al-Ebrahim, […]

Business

A Showstopper in Luxury: Embrace the Theatricality of the Dashing and Sleek INFINITI QX55

News Desk 2 17/07/2023

Imagine a world where the musicality and dramatic presence of a vehicle comes alive. Enter the stage, your INFINITI QX55, a provocative specimen that captures the essence of performance, ready to hold the admiration of a highly appreciative audience. Indulge us as we see how this star captivates with its theatrical charm. Act I: The […]

Business

Standard Chartered Partners with DIFC Innovation Hub to Empower UAE Women Entrepreneurs

News Desk 2 17/07/2023

Dubai, UAE; 17 July 2023: Standard Chartered, in partnership with DIFC Innovation Hub, announced today the launch of the fifth cohort of the Women in Tech accelerator programme. This transformative initiative is designed to drive sustainable growth and empower women entrepreneurs in the UAE’s technology sector, fostering innovation, diversity, and economic

Business GCC UAE

Wilo MENA expands Dubai factory to boost manufacturing capacity 

News Desk 2 17/07/2023

Wilo Middle East and North Africa (MENA) region, a leading German pumps and systems manufacturer and digital pioneer in the industry, celebrated a significant milestone with the groundbreaking ceremony for the expansion of its Dubai facility. The expansion is aimed at increasing production capacity and growing current manufacturing capability, which coincides with a

Business

Minister Mariam Almheiri witnesses the opening of the new e& enterprise 

News Desk 2 17/07/2023

Dubai, UAE, 17 July 2023: Her Excellency Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment, led the inauguration of the e& enterprise Innovation Centre. The centre aims to showcase the most recent and significant innovative digital solutions across various sectors, reinforcing the company’s visionary approach towards

Business

Shaping the Future: AM Conclave’s Mission to Propel 3D Printing in the Middle East

Middle East News 247 17/07/2023

ABU DHABI, United Arab Emirates — AM Conclave Middle East will see manufacturing leaders from the region converge on 13-14 September 2023 at the Abu Dhabi National Exhibition Center (ADNEC) in Abu Dhabi, to learn, network, collaborate and discuss strategies to incorporate 3D Printing as a part of their business. This first of its kind […]