Business GCC UAE

Discover the Fun of Vaping in the Middle East: VOOPOO to Exhibit at World Vape Show in Dubai

Middle East News 247 12/06/2023

SHENZHEN, China — 21-23 June 2023, VOOPOO will participate in the World Vape Show at DWTC in Dubai. As always, VOOPOO will not miss the event and invites vapers from all over the world to experience the VOOPOO products and discover the fun of vaping. Get ready to discover VOOPOO’s star

Business

Understanding the Impact of Federal Reserve Interest Rate Changes on Gulf Markets

News Desk 2 12/06/2023

Dubai, 12 June 2023- Decisions made by the Federal Reserve regarding interest rates have far-reaching effects on both the domestic and global economy, including in the Gulf region. In light of ongoing speculations about the stability of GCC economies following any upcoming interest rate changes, FOREX.com’s analysts are shedding light on how such changes could […]

Business

Exclusive for Middle East Shoppers: Central Pattaya Presents ‘The Greatest Grand Sale 2023’ with Unprecedented Discounts

Middle East News 247 09/06/2023

Pattaya, Thailand — Discover the allure of Central Pattaya, the largest beachfront shopping and dining destination in Southeast Asia. Nestled in the heart of the vibrant Pattaya Beach, this bustling city is renowned for its relaxed atmosphere, family-friendly beaches, thrilling watersports, and rejuvenating seaside massages. And now, prepare to embark on an extraordinary

Business

Al-Futtaim Automotive leads $15 million funding round in revolutionary EV startup – River

News Desk 2 09/06/2023

Dubai, UAE, 09 June 2023: One of the Middle East’s leading automotive business, Al-Futtaim Automotive led the investment round of $15-million in the Indian electric two-wheeler startup, River. The funding series, a testament of Al-Futtaim Automotive’s commitment to supporting sustainable mobility, will bolster River’s manufacturing and distribution networks for an August

Business

LG’S CUTTING-EDGE WASHING MACHINES AND DRYERS FOR UNPARALLELED CLEANING RESULTS

Middle East News 247 08/06/2023

Dubai, United Arab Emirates — LG Electronics (LG)takes immense pride in presenting its best-in-class washing machines and dryers, setting new standards for superior cleaning performance. With a relentless commitment to innovation, LG has developed these appliances to deliver unparalleled results that go beyond ordinary laundry care. Whether you opt for a front-load or

Business GCC UAE

Prime Minister of Cambodia Hun Sen witnesses signing of UAE-Cambodia Comprehensive Economic Partnership Agreement

News Desk 2 08/06/2023

The United Arab Emirates and the Kingdom of Cambodia have signed a Comprehensive Economic Partnership Agreement that is expected to more than double non-oil bilateral trade from US$407 million in 2022 to US$1 billion within five years. Witnessed by Cambodia’s Prime Minister Hun Sen, the agreement was signed in Phnom Penh by His Excellency Dr […]

Business

Demand for innovative designs surges across industries, ‘THE FITOUT’ anticipates robust growth

News Desk 2 08/06/2023

June 08, 2023 THE FITOUT, one of the leading providers of comprehensive interior solutions in the Middle East, and a subsidiary of Union Properties, has projected a substantial expansion in the region’s interior fit-out market in the coming years due to an increasing number of collaborations and developments within the sector. The company’s statement is […]

Business

Enlaps Unveiled New Offers on myTikee SaaS Platform for Project Monitoring

Middle East News 247 08/06/2023

GRENOBLE, France — Enlaps, developing leading solutions for project monitoring, announced today two new offers on myTikee SaaS platform: myTikee Reporting providing AI based analytics and myTikee Unlimited combining automated generated content and image data analysis. myTikee Reporting a breakthrough in project monitoring With myTikee Reporting, you leverage data out of

Business

CHINA-GCC FREE TRADE AGREEMENT WILL HELP UNLOCK NEW OPPORTUNITIES

News Desk 2 08/06/2023

Dubai, United Arab Emirates, 8 June 2023: A Free Trade Agreement (FTA) between China and GCC is a “game-changer” that would boost the region and “galvanise Middle Eastern economic transformation,” according to a top former Lebanese minister. Although the deal is yet to be signed, there is a strong indication it will be finalised after […]

Business GCC Saudi Arabia

Faithful+Gould awarded program management consultancy services contract for Historic Jeddah in Saudi Arabia

Middle East News 247 08/06/2023

Jeddah, Kingdom of Saudi Arabia — Faithful+Gould, a member of the SNC-Lavalin Group, has been awarded the Project Management Consultancy (PMC) services contract by the Ministry of Culture in Saudi Arabia, to support the development of Historic Jeddah, which is a UNESCO World Heritage site. The Historic Jeddah Development Program aims to revitalize the living space

Business

IFS and HOIST launch FLEXPLUS Enterprise Applications Services

News Desk 2 08/06/2023

Dubai, UAE, June 8, 2023 – IFS, the global enterprise applications company, has today announced that it has partnered with HOIST, already a strategic partner in the IFS Ecosystem, to develop and deliver a mid-market specialised service offering to help further drive customer satisfaction in the IFS ecosystem. Mid-size companies are also under pressure to […]

Business

London Business School MENA Startup Competition 2023 Calling All Entrepreneurs in the MENA Region

Yhuan Mae 08/06/2023

Dubai, United Arab Emirates, 08 June 2023:       London Business School (LBS) has called on budding entrepreneurs to submit their entries to its second annual MENA Startup Competition, sponsored by Innobayt – the UAE based software development solutions company, ahead of the approaching deadline. Supported by the Institute of Entrepreneurship

Business

Falcon 40B: World’s Top AI Model Rewards Most Creative Use Cases in Call for Proposals with Training Compute Power

Middle East News 247 07/06/2023

Abu Dhabi, United Arab Emirates — Falcon 40B, the world’s top-ranked open-source AI model on the Hugging Face leaderboard for large language models (LLMs), is registering an overwhelming response to a Call for Proposals from scientists, researchers, and SME entrepreneurs keen to deploy the model for innovative use cases. The response follows back-to-back announcements from

Business GCC UAE

Abu Dhabi Securities Exchange (ADX) Signs Agreement with Astana International Exchange (AIX) to enhance cooperation and expand bilateral relations

News Desk 2 07/06/2023

Abu Dhabi, June 7, 2023: Abu Dhabi Securities Exchange (ADX) announced today that it has signed an agreement with Astana International Exchange (AIX) for the inclusion of AIX as the fourth member of the Tabadul Digital Exchange Hub. Other members of Tabadul include Bahrain Bourse (BHB) and Muscat Securities Market (MSX). ADX launched Tabadul Hub […]

Business Bahrain GCC

Rydezilla Partners with Udrive Bahrain to Redefine Car Rental Experience

News Desk 2 07/06/2023

Bahrain, June 7th, 2023 – Rydezilla, the innovative car rental management system, has joined forces with Udrive Bahrain, a leading car rental agency, to announce a strategic partnership that aims to revolutionize the car rental industry in Bahrain. Customers can now access Udrive’s extensive fleet of vehicles, through the seamless online booking feature on the

Business

FXCM Pro partners with Your Bourse to provide ultra-low latency execution

Middle East News 247 07/06/2023

DUBAI, United Arab Emirates — FXCM Pro, the institutional arm of FXCM, the leading international provider of online foreign exchange trading, CFD trading and related services, has partnered with Your Bourse, a leading software solutions provider for retail and institutional MT4/MT5 brokers, to provide ultra-low latency execution. Your Bourse’s flagship product,

Business

Explore WEB 3.0 In 2023 Summit – Macau was successfully held at Sheraton Grand Macau Hotel

Middle East News 247 07/06/2023

MAHE, Seychelles — On 6 June 2023, the “Explore WEB 3.0 In 2023 Summit – Macau” was hosted successfully by SureX Derivatives Exchange at the Sheraton Grand Macau Hotel Ballroom. The forum focused on cutting-edge technology, such as Web 3.0 and AI. The event covered 6 sharing topics, multiple networking sessions, and sightseeing trips around

Business

Emirates Islamic and Arab payment system Buna partner to facilitate payments and transfers within the Arab region

News Desk 2 07/06/2023

Dubai, 7 June 2023: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced its partnership with the Arab payment system Buna, to enhance and facilitate cross-border transactions in the Arab region. Buna is operated by the Arab Regional Payments Clearing and Settlement Organization “ARPCSO,” a subsidiary of the Arab Monetary […]

Business

Sequoia India & Southeast Asia Is Now Peak XV Partners

Middle East News 247 07/06/2023

NEW DELHI — Sequoia India & Southeast Asia, the largest venture capital firm in the region which manages over USD 9.2 billion across 13 funds, will now be known as Peak XV Partners* globally. The rebranding has come after Sequoia Capital (US/Europe), Sequoia China and Sequoia India & Southeast Asia have decided to become independent firms with […]

Business

Vertiv Enhances Its Three-Phase UPS Channel Offering in EME

News Desk 2 07/06/2023

Dubai, UAE [June 7, 2023] – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced key enhancements to its dedicated offering for channel distributors and resellers. According to Omdia, Vertiv is already ranked #1 in the three-phase UPS market globally, capturing 16% of the market. With these