Business NEWS DESK

Dh100,000 fine slapped on company found fraudulently evading Emiratisation targets

News Editor 2 20/06/2023

The Ministry of Human Resources and Emiratisation (MoHRE) has imposed an Dh100,000 fine on a private sector company found fraudulently evading Emiratisation targets. This decision comes in line with Cabinet Resolution No. (44) of 2023 amending certain provisions of Cabinet Resolution No. (95)

Business GCC UAE

Connect Group continues its impressive growth in the UAE

News Desk 20/06/2023

United Arab Emirates, June 2023 – Since launching in 2016, Connect Group has become a force in the UAE business solutions market, helping companies thrive in this highly competitive and ever-evolving landscape. Now, Connect Group continues to build on its success with further expansion into key industry sectors and services, offering clients a full suite […]

Business GCC UAE

GCG Enterprise Solutions Launches “G-Sign” – UAE Government Approved Digital Signature Solution

Middle East News 247 20/06/2023

Dubai, United Arab Emirates — GCG (Gulf Commercial Group) Enterprise Solutions, a leading enabler of cutting-edge technology and digital transformation solutions recently announced the launch of “G-Sign” – The first-of-its-kind digital signature solution approved by the UAE Government. The launch follows-up on GCG Enterprise Solutions’ lengthy track-record of success in

Business

Ooredoo and Dell Technologies Sign MOU to Unlock a Unified Multicloud Experience

News Desk 20/06/2023

Ooredoo and Dell Technologies have signed a memorandum of understanding to strengthen existing collaboration, simplify digital transformation initiatives and explore new growth opportunities through Dell’s APEX multicloud portfolio. The memorandum was signed by Adrian McDonald, EMEA President, Dell Technologies and Sheikh Ali Bin Jabor Al Thani, CEO, Ooredoo Qatar, during

Business

Talmix and Khibraty Join Forces to Revolutionize On-Demand Business Talent in the MENA Region

Middle East News 247 20/06/2023

LONDON, England & AMMAN, Jordan — Talmix, the global business talent marketplace, and Khibraty, the leading MENA digital matchmaking marketplace for expertise, today announced a strategic partnership to provide businesses in the MENA region with an unparalleled approach and experience for accessing business and consulting talent. This partnership reflects the

Business GCC UAE

NielsenIQ Brandbank expands global reach into UAE and the Philippines

Middle East News 247 20/06/2023

CHICAGO — Today, NielsenIQ Brandbank announces is expansion into United Arab Emirates and Philippines adding two major ecommerce growth markets to their global retailer distribution network. Retailer collaborations have been formed with major omnichannel retailers including Spinneys and NCCC to bring best in class product content to the regions. As the online channel

Business GCC Saudi Arabia

Seera’s Lumi expands used car sales footprint to Jeddah, to meet growing demand

News Desk 19/06/2023

Riyadh, Saudi Arabia | 19 June 2023: Seera Group Holding’s car rental and leasing unit, Lumi Rental Company (“Lumi” or the “Company”), today announced the launch of its second used car sales showroom, further expanding its used car sales footprint in the Kingdom to meet strong growth in demand. Located in Jeddah’s Al Jawhara district, […]

Business GCC UAE

Qingdao (China) City Tourism Promotion Conference Successfully Held in Dubai

Middle East News 247 19/06/2023

DUBAI — The Qingdao City Tourism Promotion Conference was successfully held in Dubai on June 16th, organized by Dubai China-Arab TV. The event was attended by Mr. Li Xuhang, the Chinese Consul General in Dubai; Mr. Deng Yunfeng, Vice Governor of Shandong Province; Mr. Zhao Yan, Deputy Mayor of Qingdao City; and Mr. Yousuf Lootah, […]

Business

Emirates NBD celebrates 60-year journey from homegrown UAE bank

News Desk 19/06/2023

Dubai, UAE, 19 June 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. The landmark occasion also marks the bank’s journey and tremendous progress from a homegrown local bank to a homegrown international bank, […]

Business

Finance House Signs MoU with Emirates Entrepreneurship Association to Empower UAE’s mSMEs

News Desk 19/06/2023

Abu Dhabi, UAE, 19th June 2023: Finance House LLC (FH), a leading United Arab Emirates lender, and the Emirates Entrepreneurship Association (EEA) have joined forces through a Memorandum of Understanding (MoU) to drive the growth and development of Micro, Small, Medium Enterprises (mSMEs) throughout the UAE. The signing ceremony took place in Abu Dhabi, where […]

Business

Global Wealth Conference partnership Drives Economic Growth with new $5 Billion MENA- Focused Megafund

News Desk 19/06/2023

Abu Dhabi, UAE, June 2023 – The Global Wealth Conference (GWC) organized by the Sovereign Wealth Fund Institute (SWFI) last week in London has emerged as a pivotal driver of investment evolution in the MENA region. Taking center stage was the announcement of a new $5 billion ‘MEGAM’ fund, a collaboration between US-based Patel Family […]

Business Tech

HyperPay wins ‘Best Enterprise Solution’ award

News Desk 19/06/2023

HyperPay, one of the leading payment gateway providers in the MENA region, was awarded the prestigious ‘Best Enterprise Solution’ award by the Entrepreneur Middle East at the Leaders in Fintech Awards 2023, for its innovative fintech solutions that offer unified and seamless customer experiences. The recognition highlights HyperPay’s unwavering commitment to innovation and

Business

InstaShop Acquires B2B E-commerce GroCart to Enhance Online Marketplace

News Desk 19/06/2023

19th June Dubai – InstaShop, the leading online marketplace for supermarkets, pharmacies, pet shops and other businesses in the Middle East, announces its acquisition of  GroCart, a B2B wholesale marketplace service known for its exceptional customer experience and wide product selection. GroCart streamlines retail supply chain logistics for FMCG retailers

Business

Emarat Unveils ‘Emarat Millionaire’ Campaign through EmCan loyalty app

Middle East News 247 19/06/2023

Dubai, United Arab Emirates — Emirates General Petroleum Corporation unveiled the ‘Emarat Millionaire’ campaign, powered by EmCan, Emarat’s loyalty app, offering customers a chance to win AED 1 million. Customers who spend AED 35 or more on non-fuel products at Emarat stations can enter a digital raffle. Scanning the QR code on the EmCan app […]

Business GCC NEWS DESK UAE

Sheikh Hamdan sets out plan to make Dubai a global leader

News Editor 2 16/06/2023

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has announced the latest stage of an ambitious strategy aimed at helping the emirate “surpass the world’s leading cities”. Sheikh Hamdan said the third phase of the Dubai 10X initiative would be crucial in its long-term goal to “lead the world in government services”. He laid out the bold blueprint for […]

Business Finance GCC NEWS DESK Tech UAE

Life savings vanish: UAE and Middle East residents scammed in ‘like-and-earn’ scheme

News Editor 2 16/06/2023

After losing his job as a cleaner in Dubai, Godfrey Mugunga, 33, found himself at the crossroads. With his back against the wall, the Rwandan took a leap of faith and entrusted his entire US$2,500 (Dh9,175) savings to Sky Media, an ‘earning app’ that promised a way out. The offer seemed straightforward: Watch a YouTube […]

Business

ME BY MELIÁ Partners with Inloco Initiative to Host Exclusive Art Exhibition

News Desk 16/06/2023

Dubai, UAE, June 2023 – ME BY MELIÁ, the unique personality-led design hotel, is proud to reveal a fresh collaboration with the Inloco Initiative, an esteemed project renowned for its transformative contemporary art. This joint venture is set to stage an exciting new artistic voyage within the hotel’s elegantly designed space. Inloco Initiative’s unique

Business GCC UAE

YAS ISLAND, ABU DHABI MESMERIZED BY IIFA 2023!

Middle East News 247 15/06/2023

Abu Dhabi, United Arab Emirates — Yas Island in Abu Dhabi was on fire with an extraordinary display of glitz, glamour, and pulsating energy as the 2023 Sobha IIFA Weekend got underway. There was an unprecedented turnout of celebrities ready to bring the magic of the 23rd edition of IIFA alive with performances and attendance […]

Business Finance NEWS DESK

Loans stay affordable, no price hike as US Fed hits ‘pause’ on rate hike

News Editor 2 15/06/2023

UAE consumers and businesses have got a break from paying extra on their loans with the US Federal Reserve not raising the interest at its meeting today (June 14). This puts a pause on rate hikes after 10 increases since March 2022 – and which have been matched by the UAE Central Bank given the […]

Business

FAMCO Launches the First-ever Heavy-duty Electric Truck Range in the Middle East by Volvo

Middle East News 247 15/06/2023

DUBAI, United Arab Emirates — FAMCO proudly announced the launch of the first-ever heavy-duty electric truck in the Middle East, solidifying their position as pioneers in the market and their commitment to sustainable solutions in transportation. This groundbreaking achievement by FAMCO represents a significant stride towards reducing transportation-related emissions to