Business UAE

RAKIS 2024 to unlock investment potential opportunities in Ras Al Khaimah

News Desk 2 10/10/2024 0

Summit has a robust agenda The upcoming Ras Al Khaimah Investment and Business Summit (RAKIS) is set to be a significant event for global business leaders, investors, and policymakers. It will take place at the RAK Exhibition Centre on December 10-11, 2024. The summit will highlight the

Business

Ratan Tata dies at age 86 in Mumbai

Arnold Pinto 09/10/2024 0

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 […]

Business UAE

Salesforce enhances its GCC region presence

News Desk 2 06/10/2024 0

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 […]

Business Food & Beverage

F&B Group set to host Future Food Forum 2024

News Desk 2 30/09/2024 0

From October 2 to 3 in Dubai The UAE Food & Beverage Business Group (F&B Group), under the patronage of the UAE Ministry of Economy and in partnership with the Dubai Chamber, will host the Future Food Forum 2024 from October 2 to 3 at Le Méridien Dubai Hotel & Conference Centre. This year marks the […]

Business Gitex

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

News Desk 2 26/09/2024 0

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 […]

Business Food

Al Islami Foods serves up a new brand identity

Arnold Pinto 26/09/2024 0

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. […]

Business

Top marketing software to incorporate into your 2024 strategy

News Desk 2 25/09/2024 0

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

Business

Do you know LinkedIn uses personal information to train generative AI?

Arnold Pinto 21/09/2024 0

Here is how to put a stop to that LinkedIn, Microsoft’s professional networking platform, has announced that it and its affiliates use users’ personal information and content to train generative AI models that generate content, including those developed by Microsoft and its own AI systems. This decision has raised privacy concerns among the 900 million […]

Business

Dubai ranks among the top 10 cities for business networking

Arnold Pinto 19/09/2024 0

With London topping the list Dubai has secured a spot in the top 10 cities worldwide for business networking, according to a new study by Loopex Digital. The research evaluated various factors, including business events, co-working spaces, internet speed, and cost of living, placing Dubai as a notable contender in the global networking arena. The […]

Business UAE

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

Arnold Pinto 17/09/2024 0

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

Business

6th AccessAbilities Expo to debut in October

News Desk 2 04/09/2024 0

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, […]

Business UAE

Abu Dhabi to get solar panel manufacturing plant

Arnold Pinto 29/08/2024 0

$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 […]

Business

ADIB partners with Cloudera for data migration push to Azure

News Desk 2 25/08/2024 0

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 UAE

Rodenstock unveils AI-powered B.I.G. Norm lenses for the Middle East

Arnold Pinto 22/08/2024 0

Result of 500,000+ biometric eye scans Rodenstock, a global leader in eye health innovation and manufacturer of biometric ophthalmic lenses, has launched its all-new B.I.G. Norm lenses, biometric intelligent glasses powered by artificial intelligence (AI), in the Middle East market. The regional launch is in partnership with Egma, a leading ophthalmic lens company based in

Business

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

News Desk 2 21/08/2024 0

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,

Business UAE

New manual unveiled for OOH advertisers in Dubai

News Desk 2 17/08/2024 0

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

Business Saudi Arabia

Riyadh Air awards ground handling deal to Saudi Ground Services

Arnold Pinto 15/08/2024 0

Contract is worth $400 million Riyadh Air, a Saudi Arabia’s Public Investment Fund subsidiary, has awarded a $400 million contract for ground handling services to Saudi Ground Services as the Saudi carrier prepares for its forthcoming launch. The ground handling services contract, effective from September 1, 2024, spans 4.5 years with an option for a […]

Business

SIXT reports record €1 billion revenue for Q2 2024

Arnold Pinto 14/08/2024 0

Strong growth and earnings drive positive results SIXT SE, the international mobility provider, has reported revenue for Q2 2024, reaching €1.01 billion—a notable 8.9% increase compared to last year. Sixt SE, with its registered office in Pullach near Munich, Germany, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT

Business

Poland buys 96 AH-64E Apache combat helicopters

Arnold Pinto 14/08/2024 0

Deal is worth approximately $12 billion Poland has finalised an agreement with Boeing for the purchase of 96 new AH-64E Apache combat helicopters as the NATO country seeks to beef up its armed forces with advanced military assets following Russia’s unprovoked full invasion of Ukraine. The deal, worth about $12 billion and endorsed by the […]

Business Cybersecurity Gitex

Sweden’s EQT takes majority stake in Switzerland’s Acronis

Arnold Pinto 07/08/2024 0

Key boost for cybersecurity and data protection industry EQT, the Swedish global investment organisation, intends to acquire a majority stake in Acronis, the global provider of integrated IT solutions for Managed Service Providers (MSPs) and corporate enterprises. The move values Acronis above its most recent growth funding round, worth $3.5 billion in 2022. The