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Business

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Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

2022 was undoubtedly a year of slumps in stock markets, and projections for 2023 remain cautious as inflation and geopolitical tension continue to affect global economy. One market, however, seems to be benefiting from the turmoil, defying the general downward trend with steady price hikes: the oil and gas market. For oil-producing countries in the […]
Business

Humaid bin Rashid International Award for Sustainability announces the names of the scientific committee in its second edition

Ajman, United Arab Emirates — Hamid bin Rashid International Award for Sustainability has recently revealed the members of the scientific committee for the second edition of the award, which includes a number of experts, academics, and specialists in the field of the environment from various countries, including the United Kingdom, United States of America, Canada, […]
Business GCC UAE

Sharjah Finance Department honours 36 winners in the fifth round of the Financial Performance Excellence Award

Sharjah, United Arab Emirates — His Excellency Sheikh Mohammed bin Saud Al Qasimi, Chairman of Sharjah Finance Department (SFD), witnessed the honouring ceremony for the winners of the fifth round of the distinguished Financial Performance Excellence Award, organized by the SFD to promote a culture of excellence in government financial performance. The awards follow the
Business

Ducab Group enhances its footprint in India

Bengaluru, India – 10 February 2023 – Ducab Group, one of the biggest end-to-end solutions providers and manufacturing firms in the United Arab Emirates, is enhancing its footprint in India, turning the subcontinent into a new home market in Bengaluru, which opened on February 9. Ducab’s first office in India and southeast Asia, will further […]
Business

Independent Cloud Computing Leader Vultr Adds NVIDIA A16 to its A40, A100, and Fractional GPU Offerings

WEST PALM BEACH, Fla. — Vultr, the world’s largest privately-held cloud computing company, today announced Cloud GPU availability of the NVIDIA A16, the premier graphics processing unit (GPU) for virtual desktop infrastructure (VDI). The NVIDIA A16 is purpose-built for high-density, graphics-rich VDI, delivering a user experience nearly indistinguishable from a
Business

The IKEA Foundation Commits €10 Million to Provide Emergency Assistance in Türkiye and Northern Syria

LEIDEN, The Netherlands: The donation will go to Médecins Sans Frontières’ (MSF) emergency fund to provide life saving care where medical needs are the greatest. This will support the delivery of essential aid, including medical assistance, psychological support and healthcare services to those most impacted by the devastating earthquake. The IKEA Foundation is also
Business

Juma Al Majid Est records exceptional 42% growth

UAE, 09 February 2023: Juma Al Majid Est., the exclusive distributor for Hyundai and Genesis in the UAE, has continuously strived to present customers with the utmost services and offers across both brands. Over the years, customers have taken advantage of Hyundai and Genesis’ technology features and safety, which have consistently ensured a memorable driving […]
Business

SingleStore and solutions by stc announce exclusive partnership and reseller agreement

SAN FRANCISCO: SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced an exclusive partnership and reseller agreement with solutions by stc to bring SingleStore’s digital solutions across the Middle East. solutions by stc is the leading enabler of digital transformation in the Middle East, while SingleStore is
NEWS DESK Business

‘Sukoon’ launches new health insurance plans

Dubai – Feb 8, 2023: Sukoon, formerly Oman Insurance Company, one of the leading insurance providers in the UAE, in continuation of its partnership with Aster DM Healthcare, one of the largest integrated healthcare service providers in the GCC and India, has announced the launch of two new health insurance plans designed to meet the […]
Business NEWS DESK

Century Financial introduces a series of initiatives in support of the UAE’s ‘Year of Sustainability’

Century Financial is taking a quantum leap in spearheading and rallying the regional financial sector by taking decisive and effective climate actions to ultimately achieve a net-zero future In line with the recent announcement of President Sheikh Mohamed bin Zayed Al Nahyan on declaring 2023 as the Year of Sustainability, Middle-East-based investment services company