Business

Emirates NBD takes the lead in the region

News Desk 10/07/2023

Dubai, UAE, 10 July 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced the provision of fractional bonds, an exclusive new product offering for individual investors, allowing them to gain access to international bond markets

Business GCC UAE

EXEED Unveils Impressive Line-up of Premium SUV Models in the UAE

Middle East News 247 10/07/2023

Dubai, United Arab Emirates — EXEED Motors – a renowned premium car brand known for its sophisticated design, cutting-edge technology, and reliable performance – unveiled an impressive line-up of three SUV models: VX, LX, and TXL. With the launch of these three car models in the UAE, EXEED Motors will consolidate its position in the […]

Business GCC Qatar

TK Elevator outfitted Qatar’s Lusail Stadium to transport the world’s largest football crowds

Middle East News 247 10/07/2023

Doha, Qatar — As a global innovation leader in the elevator industry and trusted mobility supplier for the world’s most prestigious event facilities, TK Elevator was the sole supplier entrusted with outfitting Qatar’s landmark Lusail Stadium, which played host to the world’s most highly anticipated football event of the past four years. To ensure safety, […]

Business

MIDDLE EAST PAPA JOHNS OPERATOR AWARDED INTERNATIONAL FRANCHISEE OF THE YEAR

News Desk 10/07/2023

Dubai – UAE: 10 July 2023: Papa John’s International, Inc. has named PJP Investments Group, a Dubai-based F&B company, its 2022 ‘International Franchisee of the Year’. The winner was honored at Papa Johns Annual Operators Conference for exemplifying the brand’s commitment to outstanding customer service and excellence in restaurant operations. PJP Investments Group is

Business

Locals.org, London’s fastest growing real life’ social networking platform for entrepreneurs launches in UAE 

News Desk 10/07/2023

Dubai, United Arab Emirates: 10 July, 2023: Locals.org, London’s fastest growing ‘real life’ social networking platform for entrepreneurs and aspirational people, has officially launched in the UAE, following a $11 million USD round of seed funding.   Over 200,000 entrepreneurs have already joined the app, which provides an

Business Bahrain Food & Beverage GCC

HOUSE OF POPS SPREADS HAPPINESS TO BAHRAIN

News Desk 10/07/2023

House of Pops, everyone’s favourite frozen treats on a stick, has officially opened its first store in Bahrain. The store has officially opened in Manama’s flagship mall, City Centre, after local franchisee Almoayed Investment became House of Pops’ first partners in the country. The disruptive dessert brand, born in Dubai in 2019 has taken the […]

Business GCC UAE

UAE and South Korea agree to expand economic cooperation in 11 strategic sectors, boost economy

News Desk 07/07/2023

The eighth session of the UAE-South Korea Joint Economic Committee (JEC) – which was chaired by H.E. Abdullah bin Touq Al Marri, Minister of Economy, and H.E. Kyungho CHOO, South Korean Deputy Prime Minister and Minister of Economy and Finance – was held recently in Seoul, the capital of South Korea. The session was attended […]

Business GCC UAE

UAE Banks Federation hosts seminar on future of open banking and finance 

News Desk 07/07/2023

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, organised a virtual seminar on the prospects of open banking and finance on the 22nd of June, 2023. Several experts from the financial technology and banking sectors and senior executives of member banks of the federation attended the seminar. The seminar was […]

Business GCC UAE

INTERSECT BY LEXUS – DUBAI BIDS A FOND FAREWELL AFTER EIGHT SUCCESSFUL YEARS

News Desk 07/07/2023

Dubai, UAE – July 7th, 2023: Following eight successful years, INTERSECT BY LEXUS – DUBAI will close its doors on July 31st, 2023. Since opening in December 2015, INTERSECT BY LEXUS has been a staple in Dubai International Financial Centre, offering locals and visitors an opportunity to experience the ethos of the Lexus lifestyle without […]

Business

Saxo Q3 Outlook: AI – The Good, the Bad and the Bubble

News Desk 07/07/2023

Saxo, the online trading and investment specialist, has today published its Q3 2023 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios.  The advent of new technologies impacts both positively and negatively on society, and this is

Business GCC UAE

AIT Worldwide Logistics Expands to the Middle East with New Office in Dubai

Middle East News 247 06/07/2023

ITASCA, Ill. — AIT Worldwide Logistics proudly announces its expansion to the Middle East with a new office in Dubai, the most populous city in the United Arab Emirates. The new location is an investment to fulfill the evolving shipping needs for key customers, while also enhancing the global freight forwarder’s supply chain solutions in […]

Business GCC UAE

Geely AGMC Expands its UAE Network to Sharjah with Launch of Contemporary New Showroom and Service Centre

News Desk 06/07/2023

Sharjah, UAE, 6th July 2023: AGMC, the official distributor of Geely  Auto in the UAE, has launched a new showroom and after-sales centre for Geely  vehicles in the emirate of Sharjah. The launch marks the second facility for Geely in the UAE after the highly successful launch of the Dubai showroom earlier this year, which […]

Business

THE WAIT IS OVER: AMAZON.AE REVEALS AMAZON PRIME DAY DEALS AND SAVINGS

News Desk 06/07/2023

DUBAI — July 6, 2023: Amazon.ae is ready to release hundreds of thousands of deals exclusively for Prime members in the UAE this Prime Day on July 11 and 12. Starting at 00:01am (local UAE time) on July 11 and running until July 12, the sale event will offer Prime members across the Emirates exclusive […]

Business GCC Qatar

Qatar Airways Group Reports Record Revenues with Strong Profits as Expansion Continues

News Desk 06/07/2023

Dubai, UAE – Qatar Airways Group has again reported a strong financial performance as the Official Airline of the FIFA World Cup Qatar 2022™ publishes its annual report for 2022/23. The airline credits the positive results to its successful strategy during an extraordinary year for the Group as FIFA’s Official Partner and Official Airline of […]

Business

Kia’s Long-Term Partnership with FIFA Continues to Create Unforgettable Fan Experiences at the FIFAe Finals 2023

News Desk 06/07/2023

Dubai, United Arab Emirates, July 6, 2023: Kia Corporation is thrilled to announce its partnership with FIFAe for the FIFAe Finals 2023, building on its successful collaboration during the FIFA World Cup Qatar 2022™. Kia will continue supporting FIFAe through this prestigious esports tournament in Riyadh, Saudi Arabia from July 6 to July 19. The FIFAe […]

Business

Agility’s Sultan Named to WTO Advisory Group  

News Desk 06/07/2023

GENEVA – JULY 06, 2023 – The head of the World Trade Organization has named Tarek Sultan, Vice Chairman of Agility, to a new 10-member Business Advisory Group created to share the views of businesses on trade and regulation. WTO Director-General Ngozi Okonjo-Iweala said she created the group and a second Civil Society Advisory Group […]

Business

HIMA records exceptional growth of incoming orders in 2022 with 12 per cent being from Middle East

News Desk 05/07/2023

July 5, 2023: The HIMA Group, a safety related automation solutions provider, recorded exceptional growth of incoming orders in 2022, witnessing an 18 per cent increase in incoming orders. The company expects further growth in 2023 through digitalization, internationalization, and expansion of partnerships. Jorg de la Motte, CEO of HIMA Group said: “The HIMA Group

Business

SHUAA Capital Announces Sale of Prime Business Bay Land to Danube Properties for AED 190 Million

News Desk 05/07/2023

United Arab Emirates, 5 July 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced that it has arranged, on behalf of its subsidiaries and other investors, the sale of a prime plot of land in Business Bay, Dubai to Danube Properties for a total sale price […]

Business

QNET commemorates its 25th anniversary milestone with a limited edition Bernhard H. Mayer watch

Middle East News 247 05/07/2023

Dubai, United Arab Emirates — Bernhard H. Mayer, QNET’s Swiss luxury brand, proudly celebrates 25 years of QNET with a unique, limited edition timepiece. The QNET 25th anniversary Collection is a timeless tribute to the company’s remarkable journey from its humble beginnings. This exclusive timepiece is meticulously crafted with precision and elegance; the watch

Business

Continental Investments LMD and Finance House Solidify Partnership

News Desk 05/07/2023

Abu Dhabi, UAE, 05 July 2023: A remarkable business collaboration is set to intensify between two leading entities, Continental Investments, a prominent branch of Egypt’s top-tier real estate developer, LMD Sabbour Group and Finance House, the UAE’s premier corporate financial services provider. Building on a successful alliance established in 2017, the partnership’s