Business

Bridgestone EMIA highlights positive outlook of EV market in Middle East

News Desk 2 13/06/2023

13June 2023:  Bridgestone EMIA, one of the global leaders in tyres and sustainable mobility solutions highlighted the significance of electric vehicles (EVs) as a potential sustainable solution for the automotive sector and indicated the market’s promising future in the Middle East during

Business

Ducab Group expedites operations with the launch of Blade

News Desk 2 13/06/2023

Dubai, UAE – June 13, 2023 – Ducab Group, one of the biggest end-to-end solutions providers and manufacturing firms in the United Arab Emirates, announced today that it will be expediting its operations by launching Blade, its advanced Smart Factory of the Future project based on Fourth Industrial Revolution (Industry 4.0) technologies. The factory harnesses […]

Business GCC Saudi Arabia

SNC-Lavalin awarded district cooling services contract for King Salman Park in Saudi Arabia

Middle East News 247 13/06/2023

Riyadh, Saudi Arabia — SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a district cooling services contract by Green Park Cooling Company, a subsidiary of Saudi Tabreed, a leading provider of sustainable district cooling schemes for some of the largest projects in Saudi Arabia, for […]

Business

Shaping a Greener Future: Collaborative Strategies for the Financial Sector – Second Successful Roundtable

News Desk 2 13/06/2023

The highly anticipated second roundtable discussion on “Shaping a Greener Future: Collaborative Strategies for the Financial Sector” took place on the 7th of June 2023 bringing together influential leaders, experts, and stakeholders from the financial industry. Hosted by Century Financial, the roundtable aimed to foster dialogue and collaboration towards

Business

Ookla’s Second Annual MENA Telecommunications Regulatory Summit Unites Policymakers on the Future of Connectivity

Middle East News 247 13/06/2023

SEATTLE — Ookla®, an internationally recognized leader in network measurement and connectivity intelligence, concluded its second annual Telecommunications Regulatory Summit in the Middle East & North Africa region, bringing together distinguished regulators from Jordan, Palestine, Iraq, Qatar, Bahrain, and Libya. Co-hosted by the Telecommunications Regulatory

Business

Western Union and Department of Migrant Workers Sign MoU in Support of Overseas Filipino Workers

Middle East News 247 13/06/2023

MANILA, Philippines — Western Union and the Department of Migrant Workers (DMW) today announced that they have signed a Memorandum of Understanding (MoU) to support the international remittance needs of Overseas Filipino Workers. The MoU bolsters Western Union’s relationship with the DMW, while demonstrating its commitment to the country and supporting the financial needs

Business GCC UAE

LG LAUNCHES NEW LINE-UP OF PREMIUM BUILT-IN HOME APPLIANCES IN THE UAE

Middle East News 247 13/06/2023

Dubai, United Arab Emirates — LG Electronics (LG) announced the launch of its new line-up of built-in home appliances in the UAE. It includes premium ovens, hoods, electric and gas cooktops with a versatile, elegant design and easy controls, all built to revolutionize the way people cook and provide them with a seamless and modern […]

Business

ABCC commends Brazil’s transparent and swift response to bird flu issue

News Desk 2 13/06/2023

June 13, 2023- The Arab Brazilian Chamber of Commerce (ABCC) has commended the Brazilian authorities and companies for their swift, clear, transparent, and organized response to the recent cases of Highly Pathogenic Avian Influenza (HPAI A H5N1) in wild birds within the country. The Chamber affirmed that the disease has not infected any commercial poultry. […]

Business

Al Ansari Exchange on Track to Open 15 New Branches

News Desk 2 12/06/2023

UAE – June 12, 2023 – Al Ansari Financial Services’ PJSC [DFM: ALANSARI] subsidiary, Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE today announced, after obtaining the necessary approvals, its plan to launch 15 new branches across the UAE before the end of 2023. The physical branch expansion […]

Business GCC UAE

UAE and South Korea discuss strengthening of economic & investment cooperation

News Desk 2 12/06/2023

Abu Dhabi, 12 June 2023: H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, held a bilateral meeting with H.E. Lee Young, South Korean Minister of SMEs and Startups, to explore the strengthening of cooperation in promoting entrepreneurship and supporting the growth of small and medium enterprises in the two countries’ markets. The meeting […]

Business

EASE® Expands Its Healthcare Program in Africa With Signing of New Customer HTS Diagnostic Centre

Middle East News 247 12/06/2023

LAGOS, Nigeria — EASE®, a subsidiary of African Asset Finance Company (AAFC), today announces the signing of its first customer – HTS Diagnostic Centre (HTS) – and the launch of its Healthcare program in Nigeria. EASE®’s innovative pay-per-use program will enable HTS to pay for the installation and use of a new Siemens Magnetom Free.Star […]

Business GCC UAE

Emirates NBD Group signs UAE Gender Balance Pledge

News Desk 2 12/06/2023

Dubai, UAE, 12 June 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region has joined a pledge to accelerate the achievement of the UN Sustainable Development Goal 5 (achieve gender equality and empower all women and girls). As part of its ongoing commitment to promote gender equality […]

Business GCC UAE

3DXB GROUP to Make Debut in the UAE

News Desk 2 12/06/2023

Dubai, UAE ; 12 June 2023 – In alignment with the UAE’s visionary decree No. (24) of 2021 issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum to regulate the use of 3D printing in the construction sector in Dubai, which supports the Emirate’s strategic target to ensure that 25% of its buildings are […]

Business GCC UAE

CEOs Advisory Council of UAE Banks Federation: ‘Customer Confidence Index’ 

News Desk 2 12/06/2023

The CEOs Advisory Council of UAE Banks Federation, the representative and unified voice of banks in the UAE, held its second meeting of 2023 recently under the chairmanship of His Excellency Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, to discuss key initiatives, the UBF 2023 strategy for banking and financial sector, and the implementation of […]

Business

Musafir Business Achieves 97% Growth in the Gulf, Enters Indian Market

News Desk 2 12/06/2023

Dubai, UAE – June 12, 2023 – Musafir Business, the leading all-in-one corporate travel management platform in the region by musafir.com, has achieved a remarkable 97% increase in Gross Merchandise Volume (GMV). Surpassing pre-pandemic sales, the company is poised for a record-breaking year. Additionally, Musafir Business has successfully launched in India, a rapidly

Business GCC UAE

Discover the Fun of Vaping in the Middle East: VOOPOO to Exhibit at World Vape Show in Dubai

Middle East News 247 12/06/2023

SHENZHEN, China — 21-23 June 2023, VOOPOO will participate in the World Vape Show at DWTC in Dubai. As always, VOOPOO will not miss the event and invites vapers from all over the world to experience the VOOPOO products and discover the fun of vaping. Get ready to discover VOOPOO’s star products of entire series […]

Business

Understanding the Impact of Federal Reserve Interest Rate Changes on Gulf Markets

News Desk 2 12/06/2023

Dubai, 12 June 2023- Decisions made by the Federal Reserve regarding interest rates have far-reaching effects on both the domestic and global economy, including in the Gulf region. In light of ongoing speculations about the stability of GCC economies following any upcoming interest rate changes, FOREX.com’s analysts are shedding light on how such changes could […]

Business

Exclusive for Middle East Shoppers: Central Pattaya Presents ‘The Greatest Grand Sale 2023’ with Unprecedented Discounts

Middle East News 247 09/06/2023

Pattaya, Thailand — Discover the allure of Central Pattaya, the largest beachfront shopping and dining destination in Southeast Asia. Nestled in the heart of the vibrant Pattaya Beach, this bustling city is renowned for its relaxed atmosphere, family-friendly beaches, thrilling watersports, and rejuvenating seaside massages. And now, prepare to embark on an extraordinary

Business

Al-Futtaim Automotive leads $15 million funding round in revolutionary EV startup – River

News Desk 2 09/06/2023

Dubai, UAE, 09 June 2023: One of the Middle East’s leading automotive business, Al-Futtaim Automotive led the investment round of $15-million in the Indian electric two-wheeler startup, River. The funding series, a testament of Al-Futtaim Automotive’s commitment to supporting sustainable mobility, will bolster River’s manufacturing and distribution networks for an August

Business

LG’S CUTTING-EDGE WASHING MACHINES AND DRYERS FOR UNPARALLELED CLEANING RESULTS

Middle East News 247 08/06/2023

Dubai, United Arab Emirates — LG Electronics (LG)takes immense pride in presenting its best-in-class washing machines and dryers, setting new standards for superior cleaning performance. With a relentless commitment to innovation, LG has developed these appliances to deliver unparalleled results that go beyond ordinary laundry care. Whether you opt for a front-load or