Reinforcing growth and advisory services Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, has extended its operations in the Gulf Cooperation Council (GCC) region. The move sees West Palm Beach, Florida-headquartered Transworld, extending its services
Corporate
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With data catalogue and Iceberg REST integration Cloudera has unveiled significant updates to its metadata management solutions, designed to boost open interoperability and meet growing data security and governance demands. The new features showcased at Cloudera’s EVOLVE24 conference at the Sands Expo & Convention Centre in Singapore from August 6-7, 2024, mark a
Louis Ferla is the new CEO of Carter, too Richemont, the luxury goods conglomerate, has appointed Catherine Rénier as the new CEO of Van Cleef & Arpels, effective September 1, 2024. Rénier, currently serving as the CEO of Jaeger-LeCoultre, will succeed Nicolas Bos in her new role and report to him following his recent appointment […]
Behemoth is on a sustained growth trajectory Thirty years ago, on July 5, 1994, Jeff Bezos embarked on a journey that would redefine global commerce. Bezos founded Cadabra, Inc., a modest start that would soon transform into the behemoth known today as Amazon.com. The company’s name change from Cadabra to Amazon was swift. A lawyer […]
Follow This Step-By-Step Guide In the digital age, where connections are made with just a click, LinkedIn is the paramount platform for professionals seeking to expand their network, advance their careers, and stay updated with industry trends. With over 700 million users worldwide, LinkedIn has evolved from a simple job-search tool to a multifaceted hub […]
Middle East And Africa Region In Focus Panasonic–the Japanese conglomerate that caters to a wide variety of customers’ needs–is committed to innovation excellence, sustainability, customer-centric service, localisation, and Japanese tradition as the 106-year-old company continues to consolidate its position as a global leader, primarily in the consumer electronics and home
Including Customised Digital Asset Swiss GRC, the Lucerne, Switzerland-headquartered Governance, Risk, and Compliance (GRC) specialist, made a significant stride in its global expansion by hosting its inaugural ‘GCC CRC Day 2024’ conference in Dubai City on May 22, 2024. The exclusive event attracted over 100 GRC professionals from the Middle East, indicating the
And Bram Schot, As Deputy Chairman To strengthen its leadership, the Board of Compagnie Financière Richemont SA (Richemont) has announced significant changes to its board of directors and senior management. Nicolas Bos, the current CEO of Van Cleef & Arpels, has been appointed to Richemont’s re-established CEO role, effective June 1, 2024. Additionally, Bram
Financial Results Exceed Expectations Cognizant’s first quarter 2024 financial results, unveiled earlier this month, exceeded expectations and showcased resilience in the face of evolving market conditions. In the first quarter of 2024, Teaneck, New Jersey-headquartered Cognizant, reported a revenue of $4.76 billion, slightly lower than the $4.81 billion recorded in the
Leaving Singapore And London Trailing Dubai, the Middle East’s default business and commercial capital, is the world’s leading foreign direct investment (FDI) hub for the third consecutive year, bypassing Singapore and London, respectively. As per the Financial Times’ fDi Markets platform, Dubai, the Arabian Gulf emirate, not only secured the top spot in global
Brand’s Jewels Are Handcrafted In Valenza In a move set to redefine the landscape of high-end jewellery, luxury conglomerate Richemont has announced its acquisition of Vhernier., the renowned Italian jewellery maison. The deal entails Richemont obtaining 100% ownership of Vhernier in a private transaction, marking a strategic expansion for both entities. Established in
Focus Is On Sustainable Event Solutions Dubai-headquartered Arena Group, a leader in the global event services industry, has completed its acquisition of Showblock, a specialist in sustainable temporary structures based in Warwickshire, UK. The acquisition of Showblock is a pivotal step in Arena Group’s ambitious expansion strategy following its recent Aztec Shaffer
Led By Premium And Budget-Economy Segments Despite the challenges faced in the previous year, the smartphone market worldwide is showing remarkable resilience. According to a recent forecast by Counterpoint Research, global smartphone shipments are anticipated to witness a modest upswing of 3% year-on-year, reaching a substantial 1.2 billion units in 2024. The rebound is
Outpaces Entire 2023 Growth By 15% NVIDIA, the US-based chipmaker, continues its meteoric rise in the stock market, setting new records after closing 2023 as the top performer in the S&P 500 index with a remarkable gain of 236%. Bolstered by stellar Q4 results, the tech giant has surged by over $400 billion in stock […]
Needy Communities In Gaza And UAE Benefit The Dubai-based ALEC Group has donated 5,000 care packages valued at AED140,000 to a Ramadan initiative in the UAE involving Emirates Red Crescent and SmartLife Foundation. ALEC Group employees donated to the initiative, which benefited vulnerable populations in Gaza and labourers in Dubai. The employees’ efforts, combined with
Key Boost For Company’s Growth Initiatives Scrut Automation, a pioneering Governance, Risk, and Compliance (GRC) platform, has announced a significant milestone with the completion of a $10 million growth capital raise from strategic investors Lightspeed, MassMutual Ventures, and Endiya Partners. This funding round, a testament to these leading investors’
Automaker in tie-up with Porsche and CARIAD Audi, a frontrunner in premium electric mobility, is poised to redefine the standards of electric vehicles globally with its latest innovations – the Premium Platform Electric (PPE) and the groundbreaking E³ 1.2 electronic architecture. The collaboration with Porsche in developing the PPE platform and the partnership with CARIAD
For Corporate Tax Registration In The UAE Finanshels.com, a Dubai-based automated accounting and tax operations startup, has unveiled an AI-powered WhatsApp bot to facilitate corporate tax registration in the UAE. The bot simplifies the UAE corporate tax registration process to a four-document upload, completed in under five minutes—a significant departure from the
Launches At Address Jabal Omar Makkah U By Emaar, Emaar’s loyalty programme, has expanded to Makkah, Saudi Arabia. The programme’s debut at the luxurious Address Jabal Omar Makkah marks a significant milestone, broadening the Dubai-based entity’s reach to an international clientele. Renowned for revolutionising the concept of loyalty rewards in the Arabian Gulf
Governments seen stepping up AI policing With a growing international push for regulation in response to the widespread integration of artificial intelligence (AI) across industries, half of the world’s governments are projected to enforce responsible AI through regulatory measures, policies, and an emphasis on data privacy by 2026 according to Gartner. In an





























