Business GCC UAE

UAE and Japan sign 23 new MoUs in trade, investment, energy, industry, health & technology sectors

News Desk 2 19/07/2023

Abu Dhabi, 18 July 2023 The UAE-Japan Business Forum took place in Abu Dhabi recently in the presence of H.H. Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council; H.E. Fumio Kishida, Japanese Prime Minister; and H.E. Abdullah bin Touq al Marri, UAE Minister of Economy.

Business

Uptime’s 13th Annual Global Data Center Survey Shows Widening Range of Challenges

Middle East News 247 19/07/2023

NEW YORK — Uptime Institute today announced the release of its 13th Annual Global Data Center survey. The findings show data center operators facing stricter regulations and more pressure to reduce energy, along with persistent staffing and supply chain issues. The Report shows new technologies potentially presenting a promising way forward, but these often are found

Business

NEDAA and Watani Al Emarat Foundation sign MoU to foster national belonging and community service

News Desk 2 18/07/2023

18 July 2023 – The Professional Communications Corporation “Nedaa,” the Dubai Government security networks provider, signed a Memorandum of Understanding (MoU) with Watani Al Emarat Foundation to explore ways of collaboration in areas of shared interest, particularly with regard to fostering national identity, community service and national belonging. H.E.

Business

BB Energy Group Holding Ltd. successfully closed its new syndicated 1 Year Revolving Credit Facility at USD 350 million

News Desk 2 18/07/2023

18 July 2023 BB Energy Group Holding Ltd. – known as BB Energy – a leading and globally integrated commodities group, is pleased to announce the successful signing of its new USD 350 million 1 Year Revolving Credit Facility (RCF). The 365-day RCF will be used to refinance the maturing facility signed in 2021 and […]

Business

Global University GameDev League partners with NVIDIA to find the world’s top student game designers

News Desk 2 18/07/2023

Riyadh, Saudi Arabia, July 18, 2023 – The University GameDev League — a global game development competition for universities organised by Nine66, today announced that it has partnered with NVIDIA to boost the global quest to find the top student game developers and designers of tomorrow. In August, the grand final will see the top two teams […]

Business

Luxury Redefined: Te Mata Glamping Invites Travelers to an Exquisite Retreat in Khao Yai, Thailand

Middle East News 247 18/07/2023

Khao Yai, Thailand — Te Mata Glamping, an exquisite haven where luxury meets nature, invites discerning travelers from the Middle East to embark on an unforgettable retreat in the heart of Khao Yai, Thailand. Surrounded by pristine landscapes and offering a curated selection of activities, Te Mata Glamping promises an extraordinary experience that seamlessly combines […]

Business

EXPERIENCE SUMMER STREAMING WITH LG StanbyME AND StanbyME Go

Middle East News 247 17/07/2023

Dubai, United Arab Emirates — LG Electronics (LG) introduces the LG StanbyME and StanbyME Go. Designed for a summer streaming experience, these devices offer a seamless blend of convenience, versatility, and entertainment. Many of us have Summers on the go and LG has kept that in mind, one of the StanbyME features of the LG […]

Business GCC UAE

JING TEA ™ LAUNCHES NEW SUSTAINABILITY INITIATIVES TO SUPPORT UAE MARKET

Middle East News 247 17/07/2023

Dubai, United Arab Emirates — Luxury tea brand JING Tea™ announce two key initiatives to support the hospitality industry within the United Arab Emirates continuing their commitment to deliver ‘A Better Model of Tea – Highest Quality Single Garden Teas, Responsibly Sourced and Perfectly Presented.’ JING™ teas are certified Carbon Neutral and all teas are […]

Business

Royal Commission for Jubail and Yanbu Signs MoU with Gulf Cooperation Council Interconnection Authority

News Desk 2 17/07/2023

Riyadh, KSA, 17 July 2023 – The Royal Commission for Jubail and Yanbu (RCJY) and the Gulf Cooperation Council Interconnection Authority (GCCIA) have signed a Memorandum of Understanding (MoU) at RCJY headquarters in Riyadh. The agreement was signed by His Excellency Engineer Khaled bin Mohammed Al-Salem, President of RCJY, and His Excellency Engineer Ahmed Al-Ebrahim, […]

Business

A Showstopper in Luxury: Embrace the Theatricality of the Dashing and Sleek INFINITI QX55

News Desk 2 17/07/2023

Imagine a world where the musicality and dramatic presence of a vehicle comes alive. Enter the stage, your INFINITI QX55, a provocative specimen that captures the essence of performance, ready to hold the admiration of a highly appreciative audience. Indulge us as we see how this star captivates with its theatrical charm. Act I: The […]

Business

Standard Chartered Partners with DIFC Innovation Hub to Empower UAE Women Entrepreneurs

News Desk 2 17/07/2023

Dubai, UAE; 17 July 2023: Standard Chartered, in partnership with DIFC Innovation Hub, announced today the launch of the fifth cohort of the Women in Tech accelerator programme. This transformative initiative is designed to drive sustainable growth and empower women entrepreneurs in the UAE’s technology sector, fostering innovation, diversity, and economic

Business GCC UAE

Wilo MENA expands Dubai factory to boost manufacturing capacity 

News Desk 2 17/07/2023

Wilo Middle East and North Africa (MENA) region, a leading German pumps and systems manufacturer and digital pioneer in the industry, celebrated a significant milestone with the groundbreaking ceremony for the expansion of its Dubai facility. The expansion is aimed at increasing production capacity and growing current manufacturing capability, which coincides with a

Business

Minister Mariam Almheiri witnesses the opening of the new e& enterprise 

News Desk 2 17/07/2023

Dubai, UAE, 17 July 2023: Her Excellency Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment, led the inauguration of the e& enterprise Innovation Centre. The centre aims to showcase the most recent and significant innovative digital solutions across various sectors, reinforcing the company’s visionary approach towards

Business

Shaping the Future: AM Conclave’s Mission to Propel 3D Printing in the Middle East

Middle East News 247 17/07/2023

ABU DHABI, United Arab Emirates — AM Conclave Middle East will see manufacturing leaders from the region converge on 13-14 September 2023 at the Abu Dhabi National Exhibition Center (ADNEC) in Abu Dhabi, to learn, network, collaborate and discuss strategies to incorporate 3D Printing as a part of their business. This first of its kind […]

Business

Completion of South Asia’s Largest Individual Wastewater Treatment Plant Benefits Five Million People in Bangladesh

Middle East News 247 17/07/2023

On July 13, 2023, the completion ceremony of the Dasherkandi Sewerage Treatment Plant (DSTP) project undertaken by POWERCHINA was held in Dhaka, the capital of Bangladesh. Bangladeshi Prime Minister Sheikh Hasina and others attended the ceremony. Sheikh Hasina praised at the ceremony, “The overall plan for wastewater management in Bangladesh began with the

Business

Forever 21 at Mall Of The Emirates Embarks On the Journey of An Elevated Store Experience

News Desk 2 14/07/2023

Dubai, United Arab Emirates: The high fashion brand, Forever 21, operated by the renowned conglomerate Sharaf Retail re-opened its Mall of The Emirates on Thursday, 13th July welcoming back fashion enthusiasts, trendsetters, and eager shoppers alike.  The reopening event was a celebration like no other, with an open invitation extended to everyone. Guests

Business GCC UAE

UAE and France review growing trade & investment exchanges

News Desk 2 14/07/2023

Abu Dhabi, 14 July 2023: H.E. Abdullah bin Touq Al Marri, Minister of Economy, met with Olivier Becht, Minister-in-Charge of Foreign Trade, Attractiveness, and French Nationals Abroad; Nicolas Niemtchinow, French Ambassador to the UAE; and several other French government officials who are currently on an official visit to the UAE. The meeting explored the means […]

Business

Australia-Born Lifestyle Brand Cotton On Opens its 12th UAE Store  at Ibn Battuta Mall

News Desk 2 14/07/2023

Dubai, UAE, 13th July 2023 – UAE homegrown retail conglomerate, Sharaf Retail significantly expands its presence in the lifestyle market across Middle East and Far East with addition to the opening of the 12th store of its lifestyle flagship brand, Cotton On at Ibn Battuta Mall. The new store is spread across an area of 3317.14

Business

LG XBOOM XL7S – THE PERFECT PARTY COMPANION

Middle East News 247 14/07/2023

Dubai, United Arab Emirates — LG Electronics (LG)’s latest speaker, the LG XBOOM XL7S, makes a strong entry right into the region’s party scene as one of the most dependable and capable Party Speakers. Featuring advanced audio technologies and a unique look, this new speaker is set to become a must-have for any coming functions. […]

Business

Saxo Bank Attains Systemically Important Financial Institution (SIFI) Designation from Danish FSA, Reflecting its Important Role in the Financial System

News Desk 2 14/07/2023

Saxo Bank announces its official designation as a Systemically Important Financial Institution (SIFI) by the Danish Financial Supervisory Authority (FSA). This significant milestone solidifies Saxo Bank’s role in the financial system and reaffirms its commitment to being a trusted partner for clients, partners, and other stakeholders across markets. The SIFI