NEWS DESK Business

Artificial Intelligence (AI) to drive growth for healthcare sector in the UAE says Al Tamimi Investments

News Desk 06/01/2023

Dubai, UAE, 6 January 2023: The global healthcare industry is expected to grow by $563.59 billion during 2023-2027, accelerating at a CAGR of 25.8% during the forecast period. Healthcare market opportunities, especially new hospital projects in the Middle East and Africa region are also set to

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CoffeeDesk to create an all-encompassing coffee experience at World of Coffee Exhibition 2023

News Desk 06/01/2023

Dubai, United Arab Emirates: CoffeeDesk, Europe’s leading distributor of coffee, tea accessories and equipment, are showcasing their iconic coffee products at the second edition of World of Coffee Exhibition 2023. CoffeeDesk joined forces with UAE based coffee leaders, ROR Coffee Roastery (Rate of Rise) in February 2021. The launch of CoffeeDesk GCC aligns with the […]

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E-Commerce specialist HOD partners with Tamil Mart in a joint venture E-commerce platform

News Desk 06/01/2023

Date: Dubai, January 6, 2023 News Highlights: Tamil Mart is the first dedicated physical and digital store for Tamil and South Indian products in the Gulf Region; Tamil population currently is estimated to be around 90 million across the world, including 76 million living in India, five million in Sri Lanka with the rest spread […]

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Late setback hits Loeb’s BRX charge as Al Attiyah stretches lead in Dakar Rally

News Desk 06/01/2023

Sebastien Loeb’s bid for a second successive Dakar Rally stage win was frustrated by another late setback for Bahrain Raid Xtreme today as Nasser Al Attiyah stretched his overall lead in Saudi Arabia. After a thrilling victory 24 hours earlier in his BRX Prodrive Hunter, Loeb was locked in an epic battle with Al Attiyah […]

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National Auto Parts (NAP) signs an agreement with Pirelli to become a distributor in the KSA

News Desk 05/01/2023

JANUARY 5, 2022 National Auto Parts (NAP), a subsidiary of Petromin Corporation, signed a distribution agreement with Pirelli on 16th November 2022, placing NAP as a new distributor for Pirelli tires in the Kingdom of Saudi Arabia. The agreement was signed in Milan, Italy, between Kalyana Sivagnanam Petromin GCEO, and Khaled Jnifen, CEO of Pirelli […]

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Announcement of the winners of Hamdan ALECSO Award for Distinguished Educational Research 2022

News Desk 05/01/2023

Dubai, UAE, 5 January 2023: The Arab Organization for Education, Culture and Science (ALECSO) and Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance announce the results of the 25th session of Hamdan – ALECSO Award for Distinguished Educational Research for the year 2022. The award attracted participations of 13 Arab countries where there […]

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4th Angel Program, offering vital support for cancer patients, spreads its wings to Cleveland Clinic Abu Dhabi

News Desk 05/01/2023

Abu Dhabi, United Arab Emirates. January 5, 2023: Cleveland Clinic Abu Dhabi, a Mubadala Health partner, has launched the 4th Angel Program, a personalized peer support initiative, aimed at empowering those affected by cancer and its treatment. The program has been extended from Cleveland Clinic and brought to the UAE in what is its first […]

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NVIDIA Ada Lovelace Breaks Energy-Efficiency Barrier, Supercharges 170+ Laptop Designs for Gamers and Creators

News Desk 05/01/2023

Dubai, UAE, January 5, 2023 —NVIDIA announced GeForce RTX™ 40 Series laptops, powered by its ultra-efficient Ada Lovelace GPU architecture, which delivers the company’s largest-ever generational leap in performance and power efficiency. The new GeForce RTX 40 Series laptops are up to 3x more power efficient than the previous generation and bring the Ada architecture, […]

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Soneva Founder and CEO Sonu Shivdasani awarded OBE in King’s New Year Honours 2023 List

News Desk 05/01/2023

January,  2023.  Sonu Shivdasani, Founder and Chief Executive Officer of Soneva resorts, and Founder of Six Senses Hotels Resorts Spas, has been honoured as an Officer of the Order of the British Empire (OBE) for services to tourism, sustainability and charity in the King’s New Year Honours 2023 Overseas and International List. Born in England, […]

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Loeb gives Bahrain Raid Xtreme second successiveDakar Rally stage victory

News Desk 05/01/2023

Hail, Saudi Arabia: 4th January, 2023: Sebastien Loeb gave Bahrain Raid Xtreme a second successive stage victory in the Dakar Rally today after a spectacular battle in Saudi Arabia with the event’s most prolific winner. Loeb, whose overall victory hopes have been ruined by a spate of punctures and yesterday’s rear suspension failure, produced a […]

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UBF: Commercial Transactions Law 2022 boosts Islamic financial services

News Desk 04/01/2023

Abu Dhabi, UAE, 4th January 2023 UAE Banks Federation, the representative and unified voice of UAE banks, confirmed that the Commercial Transactions Law 2022, which was issued by decree of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE (May God protect him), will boost Islamic financial and banking services, and strengthen […]

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DIFC Prepares Financial Services Industry for COP28 with Climate Finance Training Series

News Desk 04/01/2023

Dubai, UAE; 4 January 2023: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has underlined its commitment to addressing climate change issues by launching an exclusive training programme. Commissioned by the DIFC Academy, a training and development platform established by the DIFC

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Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance and Arab Bureau of Education for the Gulf States announce the results of the competitions for the 25th edition of its awards at the Gulf level

News Desk 04/01/2023

Dubai, United Arab Emirates, 4 January 2023:   Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance and Arab Bureau of Education for the Gulf States announced the competition results of the 25th session of Hamdan Foundation Awards at the Gulf level, where 14 competitors out of a total of 77 Gulf entries were approved […]

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Astra Tech’s PayBy disrupts fintech solutions by being the first to receive both the SVF and RPS licences from the UAE Central Bank

News Desk 04/01/2023

Dubai, United Arab Emirates, 04 January 2023: PayBy, a leading fintech innovator recently acquired by Astra Tech in August 2022, has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations. The license represents one of the country’s highest levels of financial services approvals, […]

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Crayon Data wins at the E50 Awards

News Desk 04/01/2023

Dubai – January 04, 2022: Crayon Data, a global leader in Big Data and AI services, was honoured at the 28th edition of the Enterprise 50 (E50) Awards as one of the 50 most successful companies based in Singapore in the past year.  The event was graced by guest-of-honour Low Yen Ling, Minister of State […]

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HOP INTO AN EXUBERANT YEAR OF THE RABBIT WITH TEA PARTY TEA

News Desk 04/01/2023

Dubai, United Arab Emirates, January 2023 – Celebrate the Lunar New Year with a tea party this January. An affectionate and playful variation of a favourite TWG Tea blend, this exclusive rendition of the Tea Party Tea will surely bring a smile to your face, and a spring to your step as you hop into […]

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Current tax architecture on Virtual Digital Assets (VDA) led to an outflow of INR 32 thousand crores during Feb-Oct 2022: Esya Centre Report

News Desk 04/01/2023

04 Jan 2022: Esya Centre, a New Delhi-based technology policy think-tank, has published a first-of-its-kind data-led study on the economic impact of India’s taxation framework for virtual digital assets (VDAs), with knowledge support from Taxsutra, India’s largest B2B tax portal. The think-tank analysed the impact of three events on the centralised virtual digital

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Chicherit fights back with superb win As rain hits Dakar Rally

News Desk 04/01/2023

Frenchman Guerlain Chicherit presented Bahrain Raid Xtreme with a brilliant comeback victory in the Dakar Rally today as rain and poor visibility cut short the third stage in Saudi Arabia. Chicherit and Alex Winocq in their Prodrive Hunter recorded a memorable stage win by 3 mins 26 secs from the Toyota of South African Henk […]

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All-new INFINITI QX60 available across Al Masaood Automobiles showrooms

News Desk 03/01/2023

Abu Dhabi, January 3, 2023: Al Masaood Automobiles – the automotive arm of Al Masaood Group and the exclusive distributor for INFINITI in Abu Dhabi, Al Ain, and the Western Region – announced that the new INFINITI QX60, with its bold and stand-out looks, is now available across all its showrooms in the national capital. […]

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MBRF concludes 10th edition of ‘Bil Arabi’ initiative

News Desk 03/01/2023

03 January 2023 – The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) concluded the tenth edition of the ‘Bil Arabi’ initiative, which seeks to promote Arabic language use and significance, particularly in the Arab community. The initiative, which lasted for a week, coincided with World Arabic Language Day that is observed on December 18 […]