NEWS DESK

InCred Alternatives Raises $70mn in Maiden Special Situations Fund, Aims for $175mn by Year End

PR News Desk 23/04/2025

InCred Alternative Investments Private Limited (“InCred Alternatives”), part of InCred Capital Financial Services Limited (“InCred Capital”), announced securing commitments over $70mn in its maiden special situations credit fund, InCred Special Opportunities Fund-I (“ISOF-I”). The commitments

NEWS DESK

AIT Worldwide Logistics acquires Miami-based forwarder, GSDMIA, Inc.

PR News Desk 23/04/2025

Global supply chain solutions leader AIT Worldwide Logistics has finalized an agreement to purchase the assets of GSDMIA, Inc. (“GSDMIA”), an international freight forwarder based in Miami. According to AIT’s Chief Development Officer, Ray Fennelly, who guided the acquisition process, GSDMIA provides deep international experience with air and ocean transportation. The team

NEWS DESK

BATUR CONVERTIBLE MAKES PUBLIC DEBUT

PR News Desk 22/04/2025

The Batur Convertible, the third coachbuilt Bentley of the modern era, has made its global debut at an exclusive event held in Bab Al Shames in Dubai, UAE. Design Details The exterior of the Batur Convertible Engineering Car, currently in Dubai, is another demonstration of the art of the possible with the Mulliner Bespoke Studio. […]

NEWS DESK

A secular decline in the USD, if with annoying headline risks – Saxo Bank

PR News Desk 22/04/2025

US President Trump has been out lashing out at “Mr. Too Late” Fed Chair Powell to cut rates, which triggered a fresh slide in the US dollar. It is all feeling like a bit too much in the near term, and it is worth noting that, while the US dollar did fall and US long […]

NEWS DESK

GETEX 2025 – UAE’s premier higher education event back with the 41ST edition

PR News Desk 22/04/2025

The Gulf Education and Training Exhibition (GETEX), the region’s most established student recruitment platform, returns from April 30 to May 2, 2025, at the Dubai World Trade Centre. Supported by the Knowledge and Human Development Authority (KHDA), GETEX 2025 is set to deliver yet another impactful experience for students and families exploring higher education options.

NEWS DESK

Abu Dhabi Health Data Services and Syndesis Health announce collaboration to advance AI-driven genomic analytics and drug discovery

PR News Desk 22/04/2025

Abu Dhabi Health Data Services (ADHDS), part of M42’s Digital Health Solutions (DHS) platform, has announced a collaboration with Syndesis Health, one of the world’s largest holders of phenotype data, encompassing over 70 million patient profiles. The term sheet was signed by Kareem Shahin, CEO of M42’s Digital Health Solutions platform and Josh Sutton, CEO […]

NEWS DESK

Emirates Environmental Group and Umm Al Quwain Municipality Join Forces for a Landmark Earth Day Mangrove Planting at Mangrove Beach, UAQ

PR News Desk 22/04/2025

In an inspiring tribute to Earth Day 2025, the Emirates Environmental Group (EEG), in strong and strategic collaboration with Umm Al Quwain Municipality, successfully carried out a landmark edition of its long-running national tree planting programme, “For Our Emirates We Plant.” The event took place at the scenic and ecologically significant Mangrove Beach in Umm […]

NEWS DESK

7awi Media Group Appoints Mr. Amjad Fakhoury as Country Head for KSA Operations

PR News Desk 22/04/2025

7awi Media Group is pleased to announce the appointment of Mr. Amjad Fakhoury as the new Country Head for its operations in the Kingdom of Saudi Arabia (KSA). In this role, he will lead the company’s strategic expansion, drive market growth, and enhance 7awi’s presence in the region. Mr. Fakhoury brings extensive expertise in strategic […]

NEWS DESK

ADCB rated the strongest banking brand in the UAE for the 2nd consecutive year while its brand value surges 17% to AED 12.3 billion

PR News Desk 22/04/2025

Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand surge to AED 12.3 billion, a 17% increase from the previous year, according to Brand Finance Journal’s latest Top 500 Banking Brands report. As a result, ADCB has advanced seven places in the global banking brand value rankings to the 102nd position. A […]

NEWS DESK

Rise of Fearless launches USD 700,000 investment round to advance Web3 mobile gaming in Africa

PR News Desk 22/04/2025

Rise of Fearless, a UAE-based mobile gaming platform that merges African storytelling with immersive battle royale gameplay, today announced its official launch. The game marks a major step in Africa’s rapidly expanding gaming market with over 680 million mobile users and a projected industry value of USD 3.72 billion by 2029. Rise of Fearless is […]

NEWS DESK

Huspy Launches the GCC’s first AI-Powered Mortgage Chatbot to Transform Home Financing, Huspy.Ai

PR News Desk 22/04/2025

Huspy (www.huspy.com), the UAE’s leading homebuying technology platform headquartered in Dubai, has launched the GCC’s first AI-powered mortgage chatbot on WhatsApp at the Dubai AI Retreat, as part of Dubai AI Week 2025. Huspy’s AI-powered chatbot was unveiled by Founder & CEO, Jad Antoun, in the presence of UAE government leaders and business executives.

NEWS DESK

LG ELECTRONICS PARTNERS WITH CARTLOW TO CHAMPION SUSTAINABLE E-WASTE RECYCLING FOR EARTH DAY

PR News Desk 22/04/2025

In celebration of Earth Day, LG Electronics is proud to announce a new collaboration with Cartlow, the region’s leading reverse logistics and re-commerce platform, reinforcing its commitment to sustainability through innovation. This partnership underscores LG’s dedication to reducing e-waste and fostering eco-friendly practices through innovative recycling

NEWS DESK

Sparklo and Mai Dubai launch partnership to boost recycling across the UAE

PR News Desk 22/04/2025

Sparklo, a cleantech company building the Middle East’s most accessible smart recycling ecosystem, and Mai Dubai, the leading bottled water company in the UAE, have signed a strategic agreement to promote recycling and support sustainable consumer behaviour. The agreement outlines a joint initiative to install 30 AI-powered Reverse Vending Machines (RVMs) – also known as

NEWS DESK

WaHa Partners with Khalifa University to Advance Atmospheric Water Generation Technology in the Middle East

PR News Desk 22/04/2025

WaHa, a leading climate technology company, and Khalifa University of Science and Technology, announced an increased partnership to enhance the energy efficiency and capability of the WaHa Vaporator® atmospheric water generation (AWG) technology to enable water security throughout the UAE and the Middle East. The collaboration will focus on optimizing advanced material

NEWS DESK

Dubai Chambers signs MoU with flydubai to support global expansion of the local business community

PR News Desk 22/04/2025

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Dubai-based carrier flydubai aimed at enabling companies operating in the emirate to expand their global footprint by leveraging the airline’s integrated air freight services. Under the terms of the agreement, flydubai will offer preferential air freight rates to members of Dubai Chamber of Commerce, one

NEWS DESK

Gold hits historic high, bitcoin climbs as traders flee dollar : Century Financial

PR News Desk 22/04/2025

Bitcoin rallied to its highest level since Donald Trump’s “Liberation Day” tariff announcements as the dollar slumped amid renewed fears over the US president’s efforts to remove Federal Reserve Chairman Jerome Powell.  The largest cryptocurrency by market value jumped about 3% to top $88,900. That erased most of the losses sustained since Trump’s April 2 […]

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Excellence in Fine Dining: Crystals Events & Catering Recognized for World-Class Catering Services

PR News Desk 22/04/2025

Crystals Events & Catering has once again solidified its status as a leader in the high-end catering industry, earning the title of Best Luxury Catering Service in Saudi Arabia from Luxury Lifestyle Awards. This prestigious recognition highlights the company’s outstanding service, exquisite presentation, and diverse culinary offerings that elevate any event into a

NEWS DESK

Sheikh Shakhbout Medical City Introduces Dedicated Cancer Survivorship Clinic to Empower and Support Patients in Life After Cancer Treatment

PR News Desk 22/04/2025

Sheikh Shakhbout Medical City (SSMC), a flagship hospital in the UAE for serious and complex care and a subsidiary of the PureHealth group, has today announced the launch of its Survivorship Clinic, a dedicated service to support cancer survivors as they navigate the complexities of life post-treatment. The Survivorship Clinic marks a significant step forward […]

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Award-Winning Excellence: Rixos Al Mairid Clinches Two Titles at What’s On Dubai Awards 2025

PR News Desk 22/04/2025

In a prestigious celebration of the UAE’s finest in hospitality, dining, and entertainment, the What’s On Dubai Awards 2025 took center stage on April 16, honouring the most outstanding destinations across 38 contested categories. Garnering a record-breaking 100,000+ votes over three months, this year’s edition reaffirmed its status as one of the region’s most credible

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UBF’s AGM Approves 2025 Strategy to Further Develop Banking Sector

PR News Desk 22/04/2025

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its Annual General Meeting, under the chairmanship of His Excellency Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, and in the presence of members of the Board of Directors of the Federation and representatives of member banks. During the meeting, the members […]