NEWS DESK

Political uncertainty boosts case for ECB’s September interest rate cut

News Desk 10/07/2024

Following the relatively data-insensitive June rate cut, European Central Bank (ECB) speakers have stood firm on the message of data-dependency. Next week’s ECB meeting likely to take stock of the available data and compare it to the latest forecast. Possible rate cut in September Following the

NEWS DESK

Moro Hub Presents Green Certificate to Oilfields Supply Center Ltd.

News Desk 10/07/2024

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Oilfields Supply Centre Ltd. in recognition of their commitment to sustainability by hosting their IT workloads on Moro Hub’s Green Cloud. This initiative underscores the successful collaboration between Moro Hub and Oilfields Supply

NEWS DESK

Gold prices rise in Asia as traders anticipate fed signals; Copper and Crude Oil show mixed trends – APM Capital Market Report

News Desk 10/07/2024

Wallstreet market U.S. stocks gave up gains towards the close on Tuesday, however the S&P 500 and Nasdaq Composite were still able to edge up to new record closing highs. The Dow Jones finished down. The Federal Reserve remains squarely focused on the dual mandate to promote maximum employment and stable prices for the benefit […]

NEWS DESK

VAST Data Achieves High-Performance Storage Solution Certification forNVIDIA Partner Network Cloud Partners

News Desk 10/07/2024

VAST Data, the AI data platform company, today announced that the VAST Data Platform has been certified as a high-performance storage solution for NVIDIA Partner Network cloud partners. This certification underscores VAST’s position as a leading data platform provider for AI cloud infrastructure, and further strengthens VAST’s collaboration with NVIDIA in building out

NEWS DESK

Knight Frank: Riyadh retail stock to rise by 28% to 4.6 million square metres by 2026

News Desk 10/07/2024

Average rental rates across Riyadh’s retail market have increased marginally by 3% to SAR 2,725 psm for both regional and super regional malls in the last 12 months, while occupancy rates across the retail market increased by 5 percentage points to 90%, according to global property consultancy Knight Frank’s Summer 2024 Saudi Arabia Retail Market […]

NEWS DESK

Turn your Saturday Feast into a Weekend Getaway at the Radisson Resort Ras Al Khaimah, Marjan Island!

News Desk 10/07/2024

Weekend & Brunch Stay How does a hotel stay with a brunch, breakfast and the captivating views of the sea beaches of Marjan Island sound to you? If that sounds like the perfect weekend, the Radisson Resort Ras Al Khaimah Marjan Island has a Weekend and Brunch Stay package you’ll want to book yourself in […]

NEWS DESK

SPC Free Zone and Aramex forge strategic partnership to boost business synergy in Sharjah

News Desk 10/07/2024

Sharjah Publishing City Free Zone (SPC Free Zone) and Aramex have recently inked a Memorandum of Understanding (MoU) to enhance collaboration and provide mutual benefits to their client bases. This strategic partnership aims to streamline services between the two entities and increase communications to their respective customer databases. The MoU between SPC Free Zone and

NEWS DESK

IMAN developers breaks ground on AED 700m One Park Central in Jumeirah Village Circle

News Desk 10/07/2024

IMAN developers, a leading Dubai-based luxury residential developer, has announced the groundbreaking of the One Park Central project, a landmark mixed-use development in the heart of Jumeirah Village Circle (JVC). Valued at AED 700 million, IMAN developers aim to redefine urban luxury living with One Central Park’s innovative design and extensive amenities. Strategically

NEWS DESK

Yango rolls out Public Transport Service, redefining mobility within Dubai

News Desk 10/07/2024

Yango Group, a global tech company that creates daily services, launched a new public transport service feature within its Yango app, aimed at redefining urban mobility in Dubai. This addition provides users with comprehensive transport options by integrating public transit information with Yango’s existing services, including ride-hailing, rentals, and delivery in

NEWS DESK

SailGP announces 2024/2025 Season calendar

News Desk 10/07/2024

SailGP, the most exciting racing on water, has unveiled today its 2024/2025 Season calendar, featuring new events in Brazil, Germany, Switzerland and Auckland, as well as a return to Great Britain and New York. Unfolding over a 12-month period – beginning and ending in November (2024-2025) – the season will be the league’s most expansive […]

NEWS DESK

SANS Institute to Host SANS Riyadh Cyber Leaders August 2024

News Desk 10/07/2024

SANS Institute, the global leader in cybersecurity training and certification is returning to Saudi Arabia with SANS Riyadh Cyber Leaders August 2024 (August 18-22) at the Hyatt Regency Riyadh Olaya, a comprehensive training event designed for security managers and SOC leaders who are committed to enhancing their leadership and technical skills, through both in-person

NEWS DESK

Bayut H1 Market Report Reveals Dubai Real Estate Prices Continue Upward Trend, Defying Slowdown Speculations

News Desk 10/07/2024

Bayut, the leading property portal in the UAE, has released insights into the most searched areas in Dubai’s real estate sector for the first half of this year. Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai’s most searched-for areas have risen again, countering any speculations of a slowdown. […]

NEWS DESK

Black Myth: Wukong GeForce RTX 40 Series Bundle available now

News Desk 10/07/2024

NVIDIA is announcing its new Black Myth: Wukong GeForce RTX 40 Series bundle this week. Hundreds of games and applications feature RTX technologies, and new games integrating NVIDIA DLSS, NVIDIA Reflex and advanced ray-traced effects are released or announced each month. In partnership with Black Myth: Wukong developer Game Science, buyers of eligible products from […]

NEWS DESK

Discover Genève Genève: A Vibrant Summer Festival of Creativity

News Desk 10/07/2024

The City of Geneva, the Canton of Geneva, and the esteemed “Fez Genève” Association are delighted to unveil a grand new summer event: the Genève Genève Festival. This vibrant event will take place from August 14 to 18, 2024, and promises to be an extraordinary celebration of culture, community, and creativity. The festival aims to […]

NEWS DESK

RAKBANK to Transform AI Applications in Banking Operations supported by Microsoft

News Desk 10/07/2024

RAKBANK and Microsoft, as part of their ongoing collaboration, will be leveraging the power of artificial intelligence (AI) to transform various facets of operations at the bank. The intent was formalized through a memorandum of understanding (MoU) signed by Raheel Ahmed, Group CEO of RAKBANK, and Naim Yazbeck, General Manager of Microsoft UAE, at the […]

NEWS DESK

Developers locked in battle to win over investors as Dubai property demand soars

News Desk 10/07/2024

With demand for both off-plan and ready properties in Dubai at an all-time high, developers are locked in an intense battle to win over real estate investors. Firas Al Msaddi, CEO of fäm Properties, says more options for buyers in a maturing market means that developers are battling on several fronts to get their attention. […]

NEWS DESK

Index Ventures Announces $2.3bn in New Funds at a Historical Inflection Point for Startups

News Desk 10/07/2024

Index Ventures, a leading global venture capital firm, today announced $2.3 billion in new funds to forge relationships with exceptional entrepreneurs who are creating transformative, category-defining businesses. Combined with Index’s existing $300 million Origin seed fund, Index is deploying $2.6 billion in capital to back founders from seed to IPO. This brings

NEWS DESK

ETT | iByond™ & WorldVuer Form a Strategic Global Joint Venture

News Desk 10/07/2024

ETT | iByond™, together with WorldVuer established WorldVuer iByond’s joint venture to develop the world’s first artificial intelligence operating system, WiOS (WorldVuer iByond Operating System). This collaboration is poised to modernize the technology estates of global enterprises, multinationals, sovereigns, and governments, leveraging intelligent interoperability,

NEWS DESK

Kick Off The Summer With Free Kids’ Meals At OliOli®!

News Desk 10/07/2024

Looking for the perfect way to kick off the summer and keep your little ones entertained and happy? From 7th to 21st July, OliOli® is offering a mouth-watering deal that combines fun and food for an unforgettable family day out – with FREE meals for kids as part of their 3 hour Standard PLUS tickets! […]

NEWS DESK

WSO2 is Named a Leader in API Management Software, Q3 2024 Report by Independent Research Firm

News Desk 10/07/2024

WSO2,  the leader in digital transformation technology, today announced that it has been recognized by Forrester Research, Inc. as a Leader in The Forrester Wave™: API Management Software, Q3 2024 report1 published on July 1, 2024. The report’s findings were based on a 24-criteria evaluation of the 15 vendors Forrester has identified as the API […]