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January 11, 2025
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Business

EFS Group Announces Partnership with HR Tech Leader Darwinbox to Elevate Employee Experience for its 25,000 Global Workforce

Dubai, UAE, May 15, 2023 – EFS Group, a renowned facility management company with a contract backlog of AED 6 billion providing services across 22 countries, has announced a strategic partnership with Darwinbox, the fastest-growing HR technology unicorn. This partnership solidifies EFS Group’s commitment to its people-first approach and aims to enhance the employee
Business GCC Saudi Arabia

Global Partnerships and Sustainable Financing Top Agenda at IsDB Group 2023 Annual Meetings in Jeddah

Jeddah, Saudi Arabia — Policymakers and business leaders from around the world are deliberating over how to tackle obstacles to sustainable development during the Islamic Development Bank (IsDB) Group’s Annual Meetings underway in Jeddah, Kingdom of Saudi Arabia. Held under the theme, “Partnerships to Fend off Crises,” the 48th edition of the annual meetings has […]
Business

REVOLUTIONIZING THE FUTURE OF SMART HOMES

Dubai, United Arab Emirates — The idea of a smart home has been around for some time, but with the rise of advanced technology, it is becoming more of a reality than ever before. With smart living being a growing trend, LG Electronics (LG) is committed to providing consumers with an all-around better quality of […]
Business GCC Saudi Arabia

Ash & Maple Management Partners with LocalEyes, Strengthening Middle East Presence and Enhancing Local Content & Economic Offset Consulting in Saudi Arabia

Riyadh, Saudi Arabia, 10 May 2023 — Ash & Maple Management (A&M), a leading global management consulting firm, is delighted to announce its strategic alliance with LocalEyes, a distinguished Local Content and Economic Participation consulting firm headquartered in Riyadh, Saudi Arabia. A&M, a Zurich-based global management consulting firm, addresses
Business

Recursion Enters into Agreements to Acquire Cyclica and Valence to Bolster Chemistry and Generative AI Capabilities

SALT LAKE CITY and TORONTO and MONTRÉAL — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of -omics
Business

SEVEN signs second licensed agreement with Hasbro

Riyadh, Saudi Arabia; May 10, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a second licensed agreement with Hasbro, Inc. a global branded entertainment leader. Under the agreement, SEVEN will bring the Transformers brand to its entertainment destinations in the Kingdom of Saudi Arabia. The agreement
Business

FOREX.com Analysts Remain Cautiously Optimistic

Dubai, 10 May 2023– There’s no doubt that 2023 has been lively so far. Equity and commodity traders were quick to rejoice on news of China’s reopening in early January, whilst Yen traders were treated to an out-of-meeting policy adjustment which gave currency markets a jolt. And whilst geopolitical tensions have somewhat receded, they have […]
Business

EssilorLuxottica and Chalhoub Group sign joint venture agreement to grow retail eyewear presence in GCC region

Charenton-le-Pont, France and Dubai, UAE, 10 May 2023 – EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses,and Chalhoub Group, signed a joint-venture for the development of direct eyewear retail in the GCC region. The agreement aims to shape the eyewear category and achieve new levels of customer
Business

Emirates Steel Arkan Profit Doubles Year-on-Year

Abu Dhabi, United Arab Emirates, 10 May 2023: Emirates Steel Arkan (ADX: EMSTEEL) (“the Group”), the largest publicly traded steel and building materials company in the UAE, announces its growth in revenues and profits for Q1 2023. The strong performance in Q1 2023 was driven by several factors, including increased volumes from the Steel division, […]

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