NEWS DESK

Ministry of Economy continues its efforts in implementing the UAE’s AML/CFT legislative and regulatory system

PR News Desk 09/08/2024

The Ministry of Economy affirmed that it continues its efforts to implement the legislative and regulatory system for anti-money laundering in the country, in accordance with international best practices. In addition, the Ministry continues to monitor the Designated Non-Financial Businesses and

NEWS DESK

Andromeda extends loan distribution network into the Middle East to cater to NRI financial needs

PR News Desk 09/08/2024

Andromeda Sales & Distribution, India’s premier loan distribution network, is pleased to announce its strategic expansion into the Middle East, a move fuelled by its exceptional domestic performance. The company recorded over 23% growth in loan disbursals, reaching $9,048 million (Rs. 75,397 crore) during the Financial Year 2023-24. This notable growth was primarily

NEWS DESK

Morinaga Milk Obtains the Registration of “New Food Ingredient” in China

PR News Desk 09/08/2024

Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company, today announced its proprietary probiotic Bifidobacterium infantis M-63 was approved by the National Health Commission (NHC) of the People’s Republic of China as a new food ingredient for use in infant and children foods (under the age of three) on 25 July, 2024.

NEWS DESK

Global AI Optimism Rankings Released: Embrace AI or Fall Behind, Warns New Report

PR News Desk 09/08/2024

Research from IFS, the leading technology provider of enterprise cloud and industrial AI software, has revealed the Global AI Optimism League Table. The global study Industrial AI: the new frontier for productivity, innovation and competition involved 1,700 senior decision makers from Manufacturing, Telecommunications, Aerospace & Defense, Services, Construction &

NEWS DESK

Almost 90% of Businesses Use AI, But Tech and Talent Challenges Remain

PR News Desk 09/08/2024

Cloudera, the only true hybrid platform for data, analytics and AI, recently announced the findings from its survey, The State of Enterprise AI and Modern Data Architecture. The report – which is based on a survey of 600 IT leaders located in the U.S., EMEA, and APAC regions – explored the challenges and barriers that […]

NEWS DESK

UAE-Headquartered Quest Nutra Pharma Digitises Critical Quality Management and Operational Processes with Kissflow

PR News Desk 09/08/2024

Quest Nutra Pharma (Quest), a leading manufacturer of nutraceuticals/pharmaceuticals food supplements, has partnered with Kissflow to streamline and enhance its mission-critical workflows using the vendor’s Low-Code platform. By digitalising over 30 processes, Quest has not only been able to move towards paperless operations, but also managed to automate large portions of

NEWS DESK

Zebra Technologies Takes British University’s AI Spin-out Global

PR News Desk 08/08/2024

Zebra Technologies Corporation (NASDAQ: ZBRA),a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, is taking AI computer vision global with a portfolio as well as research and development that is infusing ‘AI eyes’ into technology that businesses and their workers are using today. “We’re bringing computer vision to

NEWS DESK

Dubai Electricity and Water Authority PJSC announces record breaking First Half 2024 results

PR News Desk 08/08/2024

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2024 consolidated financial results, recording revenue of AED 13.7 billion, EBITDA of AED 6.6 billion, operating profit of AED 3.3 billion

NEWS DESK

Uzum boosts net income 50% in 1H 2024, prepares for Series B funding round

PR News Desk 08/08/2024

Uzum (hereafter referred to as “we”, “us”, “our”, “Uzum” or the “Company”), a leading ecosystem of digital services in Uzbekistan, today announces its key performance highlights for the six months ended 30 June 2024. Key Operating and Financial Highlights ·     Marketplace GMV grew 4 times year-on-year ·     Loan portfolio of Uzum fintech

NEWS DESK

Canva Unveils Refreshed Brand

PR News Desk 08/08/2024

Canva, the world’s largest visual communication platform, today launched a refreshed brand system purpose-built for workplaces worldwide. The updated identity was designed to scale globally and connect locally, doubling down on Canva’s mission to empower the world to design. Empowering Canva’s Next Decade Canva’s first decade empowered millions of individuals to achieve

NEWS DESK

Nichi BRITE Beta glucan as an onco-nutrition supplement in pancreatic cancer

PR News Desk 08/08/2024

Nichi BRITE Beta glucan administration resulted in enhancement of immunity followed by reduction in biomarkers of pancreatic cancer and that of its recurrence in patients undergoing surgical resection of malignant pancreatic tumor, which was presented at the ASCO® Breakthrough meeting in Yokohama, Japan. IgA and CD209, markers of immunity enhanced while CA19-9, the

NEWS DESK

Luxury Lifestyle Awards Announces Hotel Indigo Singapore Katong as Winner of Best Luxury Lifestyle Hotel in Singapore, 2024

PR News Desk 08/08/2024

Luxury Lifestyle Awards is delighted to announce that Hotel Indigo Singapore Katong, an IHG Hotel, has been awarded the prestigious title of Best Luxury Lifestyle Hotel in Singapore for 2024. This accolade is a testament to the hotel’s unwavering commitment to excellence, cultural immersion, and personalized luxury. Nestled in the vibrant Katong district, just minutes […]

NEWS DESK

Family Development Foundation hosts series of workshops under the umbrella of ‘Building Women’s Skills and Abilities’ Service

PR News Desk 08/08/2024

The Family Development Foundation organised a series of workshops to empower women with new skills and capabilities, as part of its ‘Building Women’s Skills and Abilities’ service. The program aims to give women equal opportunities for empowerment and training, enabling them to practice their leadership roles within both the family and society. Additionally, it

NEWS DESK

Saudi Arabia Emerges as a Leading Industrial Hub Boosting Global Mobility says Writer Relocations

PR News Desk 08/08/2024

Writer Relocations, a leading global player in the relocation industry, highlights Saudi Arabia’s emergence as a pioneering force in the global industrial sector. The Kingdom’s major industrial cities, such as Jubail and Yanbu, are central to this development, attracting a significant influx of professionals from Europe and America. Saudi Arabia’s industrial

NEWS DESK

The Knowledge Summit: An on-going journey in leading the knowledge landscape, empowering innovation and inspiring creative minds

PR News Desk 08/08/2024

Since its launch, the Knowledge Summit has paved the way for knowledge beacons, spreading the message of education, science, and innovation through eight successful and distinguished editions. Over the years, the event has witnessed substantial growth in terms of the number of sessions, speakers, and participants. More than 747 sessions have been organized, which focused

NEWS DESK

Sav Receives In-Principle Approval for Category 4 License in the UAE

PR News Desk 08/08/2024

Sav, a UAE-born fintech, received an in-principle approval for a Category 4 license from the Dubai Financial Services Authority (DFSA). This key milestone will enable Sav to provide consumers with regulated services upon the issuance of the full DFSA license, reinforcing its vision to be the ultimate money companion for the mass affluent. “We are […]

NEWS DESK

Celebrate the Splendor of Summer at Mazagan Beach & Golf Resort

PR News Desk 08/08/2024

Mazagan Beach & Golf Resort, one of the premier holiday destinations in Morocco and North Africa, has announced an exceptional summer season combining fine dining, diverse outdoor activities, and complete relaxation in luxurious surroundings on the Atlantic Ocean shores. Jacques Claudel, General Manager of Mazagan Beach & Golf Resort stated, “We are incredibly

NEWS DESK

IHC Announces the Appointment ofDr. Thani bin Ahmed Al Zeyoudias Chairman of Rorix Holdings

PR News Desk 08/08/2024

International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, is proud to announce the appointment of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, as Executive Chairman of Rorix Holdings. This new leadership marks a significant milestone for Rorix Holdings, a global trading and trade facilitation company that was

NEWS DESK

Orient Insurance records significant 10 per cent increase in profits

PR News Desk 08/08/2024

Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, achieved exceptional financial outcome during the first half of 2024, recording AED 416 million in net profit as compared to AED 377 million during the corresponding period last year, signifying a 10 per cent growth. Furthermore, the company witnessed […]

NEWS DESK

Sumo Sushi & Bento Unveils Irresistible Offers for a Flavorful Summer

PR News Desk 08/08/2024

Sumo Sushi & Bento is delighted to announce a series of exciting offers that will elevate your dining experience throughout the month of August. Embrace the flavours of summer with our specially curated menu, featuring a selection of delectable dishes and refreshing drinks designed to tantalize your taste buds. Monthly Special: Taste a Soulful Journey […]