NEWS DESK

Prof. Souri Banerjee appointed as the new director for BITS Pilani Dubai Campus

PR News Desk 04/09/2024

BITS Pilani Dubai Campus, a renowned institution known for its commitment to innovation, has announced the appointment of Prof. Souri Banerjee as its new Director. He assumed the role in August 2024 and will serve as Director for the next five years. Prof. Banerjee succeeds Prof. Srinivasan

NEWS DESK

Stellantis Strengthens its Commitment to Egypt with Local Manufacturing and Assembly of Jeep® Grand Cherokee L

PR News Desk 04/09/2024

Stellantis Middle East and Africa (MEA) region, integral to the Company’s “Third Engine” strategy within its global operations, today marked a significant milestone in its MEA expansion with the launch and local assembly of the Jeep® Grand Cherokee L in Egypt at the Arab American Vehicles (AAV) plant, affiliated with the Arab Organization for

NEWS DESK

THE ROAD TO MUBADALA ABU DHABI OPEN RETURNS TO INSPIRE A NEW GENERATION OF FUTURE CHAMPIONS

PR News Desk 04/09/2024

As the highly anticipated Mubadala Abu Dhabi Open prepares to return to the capital in 2025, the ‘Road to Mubadala Abu Dhabi Open’ initiative kicks off its post-summer schedule as part of its second season on 6 September, following the success of its inaugural edition. This home-grown community programme, designed to cultivate local tennis talent […]

NEWS DESK

Azizi Developments announces 725m height of Burj Azizi, world’s second-tallest tower

PR News Desk 04/09/2024

Azizi Developments, a leading private developer in the UAE, has announced the height of Burj Azizi, located on a prime plot of land on Dubai’s Sheikh Zayed Road, which will stand 725m tall, making it the second tallest in the world. The 131+ storey skyscraper will launch for sales in February 2025, and is scheduled […]

NEWS DESK

ALL-NEW INEOS GRENADIER QUARTERMASTER MAKES ITS PUBLIC DEBUT IN THE UAE AT ADIHEX 2024 

PR News Desk 04/09/2024

The all-new INEOS Grenadier Quartermaster makes its first public appearance in the UAE at the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2024.   The exhibition runs until 8 September at the Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi, and provides an opportunity for regional prospects and enthusiasts to familiarise themselves

NEWS DESK

RAKBANK completes its inaugural Tier 2 Issuance of USD 250 Million

PR News Desk 04/09/2024

RAKBANK has successfully completed its first Tier 2 security issuance, raising USD 250 million, the securities were issued with a maturity of 10.25 years and a non-call period of 5.25 years (10.25NC5.25), carrying a coupon rate of 5.875%. The issuance was met with a very strong investor demand, being oversubscribed by 4 times with peak […]

NEWS DESK

AnaAkhtar Receives Prestigious AAA Accreditation, Marking a Milestone in Education

PR News Desk 04/09/2024

AnaAkhtar, an innovative initiative by AlBadera Holding aimed at promoting holistic life-long learning in the MENA region, has received the prestigious AAA accreditation. This recognition underscores AnaAkhtar’s commitment to advancing education, particularly in the areas of social, emotional, and behavioral development. AnaAkhtar is a bilingual Arabic and English

NEWS DESK

Qatar Airways Creates World’s First Airline Commercial Where “You” Can Be the Star

PR News Desk 04/09/2024

Qatar Airways has unveiled a new global ‘AI Adventure’ film which utilises state-of-the-art technology to reinforce its commitment to developing incomparable, immersive experiences for everyone. In an industry-first, the campaign offers the opportunity to be part of its emotive story, by utilising advanced AI capabilities so you can place yourself within the film and

NEWS DESK

Jaipur Rugs to Showcase Exclusive Collections at INDEX Saudi Arabia

PR News Desk 04/09/2024

Jaipur Rugs, India’s largest manufacturer of handmade rugs, is excited to announce its participation in INDEX Saudi Arabia, the Kingdom’s leading interior design and fit-out trade event. The event will take place from September 17th to 19th, 2024, at the Riyadh Front Exhibition and Conference Centre. INDEX Saudi Arabia attracts a diverse array of international […]

NEWS DESK

Baseball United to Build Middle East’s First-Ever Professional Ballpark

PR News Desk 03/09/2024

Baseball United, the first professional baseball league focused on the Middle East and South Asia, announced today its plans to build the first professional baseball field and ballpark in the history of the region. The new ballpark will be constructed within The Sevens sports and entertainment complex, located on Al-Ain Road (E66), just a short […]

NEWS DESK

Global Tech and Durables Market in Recovery Mode

PR News Desk 03/09/2024

2024 looks like a better year than 2023 for the global Consumer Tech and Durables (T&D) market. Inflation rates are easing, consumer confidence is rising, summer bookings are returning to pre-pandemic levels, and major sporting events such as the Paris Olympics and the European Football Championship in Germany are triggering demand. At the mid-year point, […]

NEWS DESK

Project Finance Use to Surge Over the Next Two Years

PR News Desk 03/09/2024

An overwhelming majority (86%) of industry experts believe project finance as a method of financing large scale infrastructure projects will grow in use over the next two years. This is according to a major new global study1 commissioned by CSC, the world’s leading provider of global business administration and compliance solutions. North America, benefitting from the

NEWS DESK

Sandbox VR Leans Into Franchise

PR News Desk 03/09/2024

Sandbox VR, the world’s premier destination for premium location-based virtual reality experiences, is announcing significant growth milestones of its franchise program. The company saw 60% growth in franchise deals in Q2 with plans to open 280 new franchise locations in the next four years. This announcement comes on the heels of opening their 50th store […]

NEWS DESK

Rigaku: Novel Electron Density Topography Technology

PR News Desk 03/09/2024

Rigaku Corporation, a Rigaku Holdings Group company and global partner for X-ray analysis from Lab to Fab (headquarters: Akishima, Tokyo; president and CEO: Jun Kawakami; “Rigaku”), has developed a technology called Electron Density Topography (“EDT”), patents pending. The new technology clarifies the structure and dynamic characteristics of biological

NEWS DESK

EMERGE STARTUP CHALLENGE: A Springboard For Emerging Markets Founders

PR News Desk 03/09/2024

The EMERGE International Tech Conference is now accepting applications for the annual EMERGE STARTUP CHALLENGE, designed to help emerging markets’ startup founders gain visibility with global investors and fundraise. Over the past six years, EMERGE startups have raised over €30 million, with notable participants such as Vochi (now part of Pinterest) and AI

NEWS DESK

flynas Celebrates Launching 5 Routes and 3 Destinations Between KSA and UAE

PR News Desk 03/09/2024

flynas, the leading low-cost airline in the world and the best LCC in the Middle East, celebrated launching three new destinations and five routes between KSA and UAE to be the largest air carrier connecting the two countries and the only KSA carrier serving the four major airports in UAE, in line with flynas growth […]

NEWS DESK

Orient Insurance opens new kiosk at Dubai Festival City Mall

PR News Desk 03/09/2024

Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, opened recently its new kiosk at Dubai Festival City Mall. Mr. Omer Elamin, President, Orient Group, inaugurated the new kiosk, which is designed to offer streamlined customer experiences. With an aim to enhance customer accessibility and offer a more […]

NEWS DESK

Supply concerns from Libya could provide support to oil prices – Noor Capital

PR News Desk 03/09/2024

Oil prices extended their losses on Monday as investors weighed the impact of higher OPEC+ production and growing concerns about global demand. The Organization of the Petroleum Exporting Countries and its allies are set to increase oil output in October, which could further tilt the demand-supply balance. Meanwhile, weak economic indicators in China and declining […]

NEWS DESK

US Election countdown for investors – Saxo Bank

PR News Desk 03/09/2024

–          John Hardy, Chief Macro Strategist This week: The status of the economy in focus through Friday job numbers Polls have tightened a bit again, and thus back in Trump’s favour as we can see from the shift in the polling and betting odds. Stock markets saw a continued recovery in sentiment after the brief […]

NEWS DESK

Eaton to Showcase Innovative Aftermarket Solutions for Growing Electrified Vehicle Market at Automechanika Frankfurt

PR News Desk 03/09/2024

Intelligent power management company Eaton today announced it is displaying its growing portfolio of aftermarket low-voltage solutions for the electrified vehicle (EV) market in Europe, Middle East, and Africa (EMEA) at Automechanika Frankfurt, Sept. 10-14, in Booth #D11, Hall 3.  “We are excited to expand our aftermarket portfolio in EMEA with the addition of our