Business

Dar – the Master Civil Engineer for the Centralny Port Komunikacyjny Airport – Inaugurates Poland Office

Middle East News 247 25/01/2023

Warsaw, Poland — On January 16, Dar Al-Handasah Consultants – Dar – inaugurated its new Poland office at Aleje Jerozolimskie 142 B 02-305, Warsaw. The move comes after the company began its design activities as the Master Civil Engineer on Poland’s new Centralny Port Komunikacyjny (CPK)

Business

Introducing iSEEKGlobal: The Transformative Supply Chain Management Cloud Platform

Middle East News 247 25/01/2023

AMES, Iowa — iSEEK Corporation announces the launch of iSEEKGlobal, a game-changing cloud-based platform that empowers Original Equipment Manufacturers (OEMs) to qualify Contract Manufacturers (CMs)/suppliers, and attain cost estimates instantly. Powered by the iSEEK Corporation’s 3D Shape Search Engine, CADseek, iSEEKGlobal transforms the way OEMs

Business

GMG to ramp up growth in Southeast Asia

News Desk 25/01/2023

UAE, January 25, 2023: GMG, a global well-being company retailing, distributing, and manufacturing a portfolio of leading international and homegrown brands across sport, food, and health sectors, today unveiled its aggressive growth plans in Southeast Asia. GMG, UAE’s homegrown conglomerate with a rich 45-years legacy, aims to open 100 new stores by 2025 to support […]

Business

SHUAA and Northacre announce successful completion of prestigious real estate portfolio management

News Desk 25/01/2023

United Arab Emirates, 25 January 2023: SHUAA Capital psc (DFM: SHUAA), the region’s leading asset management and investment banking platform, and Northacre, London’s leading super-prime developer with over 30 years of experience in creating exceptional living spaces, today announced the successful completion of its five-year portfolio management through SHUAA’s

Business

Puravankara announces pre-launch of Lakevista at Purva Windermere in Chennai

Middle East News 247 25/01/2023

BENGALURU, India — Bengaluru-based realty firm Puravankara Limited (BSE: 532891) announces the pre-launch of Lakevista at Purva Windermere, one of Chennai’s premium lake-side developments in Pallikaranai. Located in the heart of South Chennai, surrounded by various natural water bodies like ponds and lakes, the entire area attracts a wide variety of birds. Lakevista offers

Business

Tevogen Bio Announces Positive Proof-of-Concept Clinical Trial Results of Its Off-The-Shelf, Allogeneic Cytotoxic CD8+ T Cell Therapy for Treatment of Acute High-Risk COVID Patients, First Clinical Product of Company’s Precision Cell Therapy Platform

Middle East News 247 25/01/2023

WARREN, N.J. — Tevogen Bio today announced positive topline results from its Proof-of-Concept (POC) clinical trial designed to evaluate the safety and feasibility of TVGN 489, the company’s first clinical product of its precision T Cell therapy platform, for the treatment of acute high-risk COVID-19 patients. TVGN 489 is a genetically unmodified,

Beauty Business Lifestyle

UK-based personal care startup to introduce French fragrances

News Desk 25/01/2023

With revenues in excess of AED100 million and growing at more than 50% year-on-year, Confetti Group’s entry is poised to contribute significantly to the region’s personal care industry Dubai, UAE – UK based personal care startup Confetti Group announced its debut into the United Arab Emirates (UAE) fragrance segment as part of its market penetration […]

Business

Netcracker Wins Four Layer123 Network Transformation Awards

Middle East News 247 25/01/2023

WALTHAM, Mass. — Netcracker Technology announced today that it has received four Network Transformation Awards from Layer123 in the categories of Most Significant Disruptor, Best Network Disaggregation, Edge & Cloud Excellence and 5G Product Innovation. Netcracker was awarded Most Significant Disruptor for its Cross-Domain Service Orchestration, which

Business

Brazilian firms to showcase wide range of F&B products

News Desk 25/01/2023

25 January 2023– The Arab Brazilian Chamber of Commerce (ABCC) announced the participation of over 11 Brazilian food and beverages (F&B) companies at Gulfood 2023, one of the world’s largest and most influential annual trade shows for the industry, which is set to take place from February 20 to 24, 2023 at Dubai World Trade Centre. […]

Business

QNET ready for future with customer-centric approach

News Desk 25/01/2023

QNET, the prominent e-commerce based direct selling company, announced that it is taking a future-ready stance by adopting a customer-centric approach. The company also stated that it will focus on sustainable practices through multiple avenues. The company is working on long-term social impact programmes, primarily in underserved communities in developing countries. Other

Business

Emerson Breaks Ground for New Innovation and Manufacturing Hub

News Desk 25/01/2023

The global technology, software and engineering powerhouse Emerson (NYSE: EMR) will build a state-of-the-art innovation and manufacturing hub at the King Salman Energy Park (SPARK) in Saudi Arabia, further expanding Emerson’s local capabilities. The facility will be one of the largest investments in the Middle East and Africa region for the company. The facility, which

Business

IAB MENA Announces changes in Board Leadership

Middle East News 247 24/01/2023

Dubai, United Arab Emirates — The Interactive Advertising Bureau MENA (IAB MENA) – The trade association exclusively dedicated to the development and promotion of the digital marketing and advertising sector in the region – recently announced a succession in its board leadership.   Rayan Karaky, the current IAB MENA Chair and Google’s representative on the […]

Business

TURN YOUR HOME INTO THE HEALTHIEST COZINESS SPACE THIS WINTER

Middle East News 247 24/01/2023

Dubai, United Arab Emirates — the New year is known for cold weather and working towards keeping ourselves warm, which drives consumers to prepare their homes with a cozy ambiance, like lighting up some candles with wintery scents, decorating the interior with fuzzy blankets and cushions. While these are all nice additions, chemicals secreted from […]

Business

RUSSO’S HOSTS AN XL PIZZA PARTY FOR EXTRAORDINARY BIKER PILGRIMS

Middle East News 247 24/01/2023

Dubai, United Arab of Emirates — Russo’s proudly organized and hosted a giant pizza party at their restaurant in Springs Souk for members of the ”Cross Route Club” –25 bikers who have just arrived on a layover in Sharjah, as part of their incredible cross-country bike riding mission which will see them covering a total […]

Business

Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking

Middle East News 247 24/01/2023

NEW YORK & RIYADH, Saudi Arabia — Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm’s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh […]

Business GCC Saudi Arabia

Saudi German Health hosts second Investor Day

News Desk 24/01/2023

January 24, 2023 – Saudi German Health (SGH) recently hosted its second Investor Day, at the Group’s flagship Riyadh hospital, SGH Riyadh. The event brought together the Group’s different stakeholders and was attended by the Group’s Chairman, Eng. Sobhi Batterejee, President, Mr. Makarem Batterjee, and the entire executive management team. The event included a site […]

Business

Venture debt funding in MENA crosses USD 260 million

News Desk 24/01/2023

United Arab Emirates, 24 January 2023: SHUAA Capital psc (DFM: SHUAA), the region’s leading asset management and investment banking platform, and MAGNiTT, the largest verified data platform tracking venture capital investments across emerging markets, today released the 2022 MENA Venture Debt Investment Report. The report maps the evolution of venture debt funding in the

Business GCC UAE

UTI celebrates 60th anniversary in Dubai, says surging India economy offers MENA investors a long growth runway

Middle East News 247 24/01/2023

Dubai, United Arab of Emiratis — One of India’s largest and oldest Asset Management companies, UTI Asset Management Co. LTD (UTI-AMC), today said investors from the Middle East and North Africa (MENA) region have a huge opportunity in the surging growth of India with the country’s economy on its way to being a US$5 trillion […]

Business

Genesis Marks its Second Year as the Official Partner of the Abu Dhabi HSBC Championship

News Desk 24/01/2023

Genesis enters its second year as the official vehicle sponsor of the Abu Dhabi HSBC Championship, held from January 19-22 at Yas Links Abu Dhabi. In partnership with the Abu Dhabi Sports Council and the DP World Tour, Genesis and Juma Al Majid Est, the official distributor of Genesis in the region, will be providing […]

Business

Eshraq Investments declares resounding success

News Desk 24/01/2023

Abu Dhabi, UAE; 24 January 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) announced today an update to its shareholders regarding its previously announced sale agreement with Danube Properties for the sale of two plots in JVC.   On 6th October 2022, Eshraq had announced the sale of two land plots in Jumeirah Village Circle (JVC) […]