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Business

Get the latest Business news from the Middle East. Stay informed on market trends, investments, and economic developments in 60 characters.

Service
Business

Deloitte unveils AI Factory as a Service in the Middle East

Powered by NVIDIA and Oracle Deloitte has launched AI Factory as a Service, powered by NVIDIA. This innovative service offers a specialised architecture designed to streamline the deployment and management of AI applications, enabling organisations to utilise advanced AI technology effectively and economically. The service, which also leverages Oracle’s robust enterprise
Totl
Business Tech

Totl eyes GCC rollout after stepping up to transform the UAE cashback ecosystem

Arnold Pinto
Innovative startup’s QR tech is a game-changer In an era where digital transformation is reshaping consumer interactions, Totl, a pioneering fintech firm based in Dubai, United Arab Emirates (UAE), is redefining how businesses connect with customers. With over 700 businesses across the UAE onboard and $1 million in investments, app-based Totl offers customers a unique […]
Business

Ratan Tata dies at age 86 in Mumbai

Arnold Pinto
India’s iconic business leader was world-renowned Ratan N. Tata, the widely respected chairman emeritus of India’s mighty Tata Group, passed away in Mumbai on October 9, 2024, at the age of 86. He had been admitted to the intensive care unit at Breach Candy Hospital in India’s commercial capital on October 7, 2024, for what he […]
Presence
Business UAE

Salesforce enhances its GCC region presence

Opens an office in Dubai Salesforce is rapidly expanding its presence in the Middle East, where the AI customer relationship management (CRM) market is on track to generate $2.6 billion in revenue by 2024. Also, 69% of businesses in the UAE leverage AI to enhance customer relationships and drive growth, indicating a seismic shift towards […]
Growth
Business Gitex

Store this fact: Lexar records 200% revenue growth in GCC

Amidst massive retail expansion Lexar, a leading global brand of flash memory solutions, has recorded a 200% revenue growth milestone in the Gulf Cooperation Council (GCC) region over the past two years, driven by increasing demand for high-performance data storage across various industries. This growth has been complemented by a marked increase in market share […]
Brand
Business Food

Al Islami Foods serves up a new brand identity

Arnold Pinto
With ‘Food is a blessing’ tagline Al Islami Foods, a leading premium frozen food brand in the United Arab Emirates (UAE), has officially launched its brand identity, which focuses on today’s and future consumers and the values of its Emirati founder. The Dubai-headquartered company’s new brand strategy was unveiled in Dubai on September 25, 2024. […]
Software
Business

Top marketing software to incorporate into your 2024 strategy

CRM tools readily available Effective marketing strategies are crucial for business success in today’s fast-paced digital landscape. In this context, marketing software offers powerful tools to streamline, analyse, and enhance marketing efforts. Whether you want to automate tasks, gain insights, or improve customer engagement, the right marketing software can
Flood
Business UAE

Al Fujairah National Insurance Co. launches ‘FloodGuard’ in UAE

Arnold Pinto
Unique FIST coverage for third-party insured motorists Al Fujairah National Insurance Co. (AFNIC) has launched ‘FloodGuard’ – a unique motor vehicle insurance product that covers accidental loss or damage from flood, inundation, storm, and tempest (FIST) for third-party insured private vehicles in the United Arab Emirates. FloodGuard policyholders can select coverage
Expo
Business

6th AccessAbilities Expo to debut in October

Poland to make big impact at Dubai event AccessAbilities Expo, the largest exhibition in the Middle East and Africa region dedicated to showcasing the latest innovations and solutions for people with disabilities, will be held at the Dubai World Trade Centre from October 7 to 9, 2024. This global event will unite individuals and organisations, […]
Solar
Business UAE

Abu Dhabi to get solar panel manufacturing plant

Arnold Pinto
$15-million facility set for KEZAD Abundance Solar Panel Industries has announced plans to establish a state-of-the-art solar panel manufacturing facility in Khalifa Economic Zones Abu Dhabi (KEZAD) in Abu Dhabi emirate in the United Arab Emirates (UAE). The $15 million investment will see the development of a 27,000-square-metre plant in KEZAD Area A – Al […]
ADIB
Business

ADIB partners with Cloudera for data migration push to Azure

For sustained growth and innovation Abu Dhabi Islamic Bank (ADIB), the Emirati financial institution with approximately $58 billion in assets, has successfully migrated its Cloudera data management platform from on-premises infrastructure to the Azure public cloud as part of its digital transformation strategy. The move to the Cloudera Public Cloud Platform on Azure
Business
Business

Global business centre market set to hit $64 billion by 2030

The trends, statistics, and prospects The global business centre market is not just evolving rapidly but leading change. Driven by the increasing demand for flexible office space, the rise of remote working, and the globalisation of business operations, business centres are proving their adaptability. They offer fully equipped office spaces and professional services,
OOH
Business UAE

New manual unveiled for OOH advertisers in Dubai

Evolving advertising needs addressed Dubai’s Roads and Transport Authority has launched an updated version of its Out-Of-Home (OOH) Advertising Manual to foster a dynamic and competitive advertising environment in Dubai emirate in the United Arab Emirates (UAE). Newly launched in collaboration with Dubai Municipality and Dubai’s Department of Economy and Tourism, the