NEWS DESK

Financial Markets Weekly Recap: US Labour Data Attracted Most Investors’ Attention

PR News Desk 23/09/2024

The US labour market was a significant focus for investors, with the August nonfarm jobs repor as the most awaited data. The report confirmed signs of a softening US labour market, starring a drop in the unemployment rate from 4.3% to 4.2% by a clear softening trend in new jobs added and

NEWS DESK

AURAK supports Study Abroad programs for gaining cross-cultural competences, international exposure

PR News Desk 23/09/2024

Student Exchange and Study Abroad programs are gaining traction all over the world, as they present opportunities for university students to develop cross-cultural competencies, enhance communication skills, and build connections with peers worldwide, according to the American University of Ras Al Khaimah (AURAK). AURAK, ranked No. 6 among UAE universities in the QS World

NEWS DESK

Santander Private Banking Expands Global Presence with First Regional Headquarters in DIFC

PR News Desk 23/09/2024

Santander Private Banking, has established a new office in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, reinforcing Dubai’s strategic position as a premier hub for private banking operations. Authorised by Dubai Financial Services Authority (DFSA), the independent regulator

NEWS DESK

JUBAIL ISLAND ANNOUNCES CONSTRUCTION CONTRACT AWARD FOR JUBAIL TOWN CENTRE

PR News Desk 23/09/2024

Jubail Island Investment Company (JIIC) has awarded the construction contract for the Jubail Town Centre in Souk Al Jubail, the commercial and retail hub of Jubail Island. The contract, estimated at nearly AED 400 million, has been awarded to Bright Accord General Contracting Company and comprises four office buildings and two residential buildings – Jubail […]

NEWS DESK

Paperworld Middle East launches new Kraft and Packaging section as MEA market

PR News Desk 23/09/2024

Paperworld Middle East returns for its 13th edition from 12-14 November, adding a new Kraft and Packaging section that features a diverse range of kraft papers, sustainable packaging materials, and cutting-edge printing techniques that produce exceptional quality while minimising environmental impact. Research from Mordor Intelligence estimates that the Kraft Paper and

NEWS DESK

BKN301 Group and Damen launch new NFC payment feature for ‘Damen Cash’ app

PR News Desk 23/09/2024

Damen, a leading electronic payment company and innovator in the field of digital transactions, and BKN301 Group, a London-Based leading digital payments and Banking-as-a-Service provider in the MENA region, announced the update their ‘Damen Cash’ app by introducing a new feature for paying gas bills using NFC technology. This functionality was officially integrated during

NEWS DESK

Core42 Launches Compass Chat App & Enhanced Platform for Enterprise Inference Solutions

PR News Desk 23/09/2024

Core42, a G42 company and provider of sovereign cloud and AI infrastructure and services, announced the revamp of Compass Platform, the latest model of its Compass suite. The inferencing platform introduces new features, including Compass Chat mobile app, designed to empower businesses and developers with seamless AI integration and infrastructure capabilities to build a

NEWS DESK

H&H Development expands ‘Eden House’ brand with its first residential community launch in Dubai Hills

PR News Desk 23/09/2024

H&H Development, a pioneer in Dubai’s real estate industry and bespoke turnkey developments, has expanded its prestigious ‘Eden House’ brand with the launch of its first project in Dubai Hills, which is a sought-after upscale suburb of the Emirate. The premier residential community ‘Eden House Dubai Hills’ is strategically located in Dubai Hills, setting new […]

NEWS DESK

United Arab Bank participates in Ru’ya Careers UAE 2024

PR News Desk 23/09/2024

As part of its continuous endeavors to attract young Emirati talents, United Arab Bank (UAB) announced its participation in the upcoming Ru’ya Careers UAE 2024, an annual fair that offers job opportunities and training for young Emirati graduates from both high schools and universities, as well experienced UAE national job seekers. The Career Fair which […]

NEWS DESK

NOVVI Properties Earns “Great Place to Work” Certification for 2024

PR News Desk 23/09/2024

NOVVI Properties, a leading real estate company in Dubai, is proud to announce its certification as a “Great Place to Work” for 2024. This prestigious recognition reflects the company’s commitment to fostering a positive, inclusive and growth-oriented workplace. It also highlights NOVVI’s unique position as a company that not only serves its clients but invests […]

NEWS DESK

Team Abu Dhabi star rounds off another triumphant season with victory in Portugal

PR News Desk 23/09/2024

Team Abu Dhabi’s Rashed Al Qemzi has become the most successful driver in the history of the UIM F2 World Championship after clinching the driver’s title for a fifth time with a commanding victory in Portugal. The Emirati rounded off his record-breaking season with an emphatic third Grand Prix triumph of the 2024 campaign in […]

NEWS DESK

Al Ansari Financial Services PJSC Announces Interim Dividend Payment for 2024

PR News Desk 23/09/2024

Al Ansari Financial Services PJSC (the “Company”) is pleased to announce that its Board of Directors has approved an interim cash dividend for the first half of 2024 amounting to AED 157,500,000 equivalent to 2.10 Fils per share. The last date of dividend entitlement is September 26, 2024. The ex-dividend date is September 27, 2024. […]

NEWS DESK

DUBAI BASKETBALL DEFEATS DEFENDING ABA LEAGUE CHAMPIONS IN STUNNING SOLD-OUT UPSET

PR News Desk 23/09/2024

Dubai Basketball, the newly established professional basketball franchise, could not have asked for a better start to their inaugural ABA League season, securing their first competitive win against defending champions, Crvena Zvezda, in front of a sold-out crowd at Coca-Cola Arena on Sunday night. Fans from all over the world —

NEWS DESK

Azizi Developments sells 100% of Pearl in Al Furjan

PR News Desk 23/09/2024

Azizi Developments, a leading private developer in the UAE, has sold all its units at Pearl, situated in Dubai’s growth corridor, Al Furjan, which boasts easy access to all of the emirate’s points of interest while still being a comfortable distance away from the bustle of the city.  The development comprises 192 studios, 54 one-bedroom […]

NEWS DESK

Lúnico to bring Spanish fine dining and a late-night bar adventure to J1 Beach

PR News Desk 23/09/2024

Set to bring Spanish fine dining and a late-night bar adventure to Dubai’s all-new luxurious beachfront dining destination, J1 Beach this autumn, Lúnico is a unique concept inspired by the four phases of the moon and natural elements that will seamlessly blend exceptional food, a captivating ambiance with vibrant music, and a world class bar […]

NEWS DESK

Rheem Middle East establishes regional headquarters in Saudi Arabia

PR News Desk 23/09/2024

Rheem Middle East, a leading manufacturer of innovative and energy-efficient air conditioning and water heating solutions, has opened its new regional headquarters (RHQ) in Riyadh, Saudi Arabia. This move reinforces Rheem’s commitment to investing in one of its key markets, and is set to further accelerate its growth across the region. The decision is testament […]

NEWS DESK

Kia EV9 wins Gold trophy at IDEA 2024 design awards

PR News Desk 23/09/2024

The Kia EV9 has won the highly coveted Gold trophy at the 2024 International Design Excellence Awards (IDEA) presented by the International Designers Society of America (IDSA). The prize marks Kia’s first Gold IDEA accolade and a clean sweep of the three most important global design awards for the brand following the EV9’s successes at […]

NEWS DESK

Gulf Capital joins Abu Dhabi Sustainable Finance Declaration to support the UAE’s Green Economy for Sustainable Development initiative

PR News Desk 23/09/2024

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), formalising its commitment to a sustainable finance and investment industry in line with the UAE’s Green Economy for Sustainable Development initiative. The Abu […]

NEWS DESK

Afrojack Performs at City of Dreams Mediterranean

PR News Desk 23/09/2024

Guests can get ready for the ultimate pool party this season as world-renowned DJ and music producer Afrojack takes centre stage at Anaïs at City of Dreams Mediterranean on 5th October for the venue’s Summer Closing Party. With the venue known for its glamorous poolside parties and extravagant entertainment scene, guests will be treated to […]

NEWS DESK

TVM Capital Healthcare Announces Investment in Human Longevity, Inc.

PR News Desk 23/09/2024

TVM Capital Healthcare, an international healthcare expansion and growth capital firm, today announced a recent equity investment in San Francisco-based Human Longevity, Inc. (HLI), a global leader since 2013 in advancing precision medicine in the pursuit of healthy aging, often referred to as longevity medicine. The investment will support the company’s growth within the