Business

DAR GLOBAL AND AUTOMOBILI LAMBORGHINI PRESENT TIERRA VIVA VILLAS IN THE HIGHLY EXCLUSIVE BENAHAVIS

News Desk 21/06/2023

21st June 2023: Prestigious luxury real estate developer Dar Global unveils its latest and most distinguished project, Tierra Viva. This architectural jewel is set within the ultra-exclusive area of Benahavis, a mere 8-minute drive from the stunning Marbella. The launch of Tierra Viva

Business

EtaPRO® Ushers in a New Phase of Digital Transformation for Alba

Middle East News 247 21/06/2023

AMHERST, N.Y. — Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminum smelters, has achieved another milestone in its Industry 4.0 transformational journey with the inauguration of an online performance system for its power stations. This system is centered around the EtaPRO® Asset Performance and Condition Monitoring platform, installed on

Tech Business

Concordia Secures $4 Million Seed Round from Tribe Capital

News Desk 21/06/2023

Dubai, June 21, 2023 – Concordia, a cutting-edge fintech company, has recently closed a successful $4 million seed round, attracting significant investments from Tribe Capital, Kraken Ventures and Dubai based VC Cypher Capital. This financing round also garnered support from esteemed investors, including Saison Capital, and several other funds and strategic angels.

Business

Almosafer and Klook launch Almosafer Activities platform under joint venture

News Desk 20/06/2023

Riyadh, Saudi Arabia; June 20, 2023: Almosafer, Saudi Arabia’s leading travel company (part of Seera Group), and Klook, Asia’s leading travel and experiences platform, have together launched the first ever holistic tours and activities platform for the KSA market, Almosafer Activities. The launch follows the signing of an agreement between the two travel industry

Business

Emirates Development Bank launches UAE’s First-of-its-Kind AgriTech Loans Program

News Desk 20/06/2023

Abu Dhabi, United Arab Emirates, 20 June 2023: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, today unveiled the UAE’s first-of-its-kind AgriTech Loans Program. In a groundbreaking initiative, EDB is set to allocate a substantial AED 100 million in financing

Business

Enterprise businesses face an annual loss exceeding $20 billion due to the overwhelming influx of spam worldwide

News Desk 20/06/2023

Dubai, UAE, 20 June 2023: Research indicates that enterprise businesses face an annual loss exceeding $20 billion due to the overwhelming influx of spam worldwide. This surge in spam has led ValueFirst, a global leader in enterprise communication services, to comply fully with Communications, Space & Technology Commission (CST) Anti-Spam Regulations in Saudi Arabia.

Business

Cosmedica Founder Dr Levent Acar chosen by Ronaldinho for Expert Hair Care

Middle East News 247 20/06/2023

ISTANBUL — Ronaldinho, the revered Brazilian footballer known for his exceptional skills and illustrious career, has visited Istanbul for his hair care needs. The legendary player, who has played for renowned clubs such as Paris Saint-Germain, Barcelona, and Milan, and has been the recipient of prestigious accolades including the FIFA Footballer of the Year and […]

Business

LGs StandbyME Redefines Entertainment with Wireless Freedom and Endless Possibilities

Middle East News 247 20/06/2023

Dubai, United Arab Emirates — LG Electronics (LG) a renowned pioneer in the field of technology and innovation, introduces one of its best elite TV innovations, “StandbyME.”. This innovative product showcases the cutting-edge advancements achieved by LG Electronics, solidifying its position at the forefront of technological excellence. With its innovative TV

Business Lifestyle NEWS DESK Travel

DXB issues peak travel alert, shares tips to beat Eid holiday rush

News Editor 2 20/06/2023

Dubai International (DXB) will welcome an estimated 3.5 million passengers between June 20 and July 3, with average total daily traffic reaching 252,000. Dubai Airports said the world’s busiest international airport will get even busier in the coming weeks as the UAE’s summer school break coincides with the six-day long Eid Al Adha holidays starting […]

Business NEWS DESK

Dh100,000 fine slapped on company found fraudulently evading Emiratisation targets

News Editor 2 20/06/2023

The Ministry of Human Resources and Emiratisation (MoHRE) has imposed an Dh100,000 fine on a private sector company found fraudulently evading Emiratisation targets. This decision comes in line with Cabinet Resolution No. (44) of 2023 amending certain provisions of Cabinet Resolution No. (95) Regarding Penalties and Violations Relating to the Initiatives and Programmes of

Business GCC UAE

Connect Group continues its impressive growth in the UAE

News Desk 20/06/2023

United Arab Emirates, June 2023 – Since launching in 2016, Connect Group has become a force in the UAE business solutions market, helping companies thrive in this highly competitive and ever-evolving landscape. Now, Connect Group continues to build on its success with further expansion into key industry sectors and services, offering clients a full suite […]

Business GCC UAE

GCG Enterprise Solutions Launches “G-Sign” – UAE Government Approved Digital Signature Solution

Middle East News 247 20/06/2023

Dubai, United Arab Emirates — GCG (Gulf Commercial Group) Enterprise Solutions, a leading enabler of cutting-edge technology and digital transformation solutions recently announced the launch of “G-Sign” – The first-of-its-kind digital signature solution approved by the UAE Government. The launch follows-up on GCG Enterprise Solutions’ lengthy track-record of success in

Business

Ooredoo and Dell Technologies Sign MOU to Unlock a Unified Multicloud Experience

News Desk 20/06/2023

Ooredoo and Dell Technologies have signed a memorandum of understanding to strengthen existing collaboration, simplify digital transformation initiatives and explore new growth opportunities through Dell’s APEX multicloud portfolio. The memorandum was signed by Adrian McDonald, EMEA President, Dell Technologies and Sheikh Ali Bin Jabor Al Thani, CEO, Ooredoo Qatar, during

Business

Talmix and Khibraty Join Forces to Revolutionize On-Demand Business Talent in the MENA Region

Middle East News 247 20/06/2023

LONDON, England & AMMAN, Jordan — Talmix, the global business talent marketplace, and Khibraty, the leading MENA digital matchmaking marketplace for expertise, today announced a strategic partnership to provide businesses in the MENA region with an unparalleled approach and experience for accessing business and consulting talent. This partnership reflects the

Business GCC UAE

NielsenIQ Brandbank expands global reach into UAE and the Philippines

Middle East News 247 20/06/2023

CHICAGO — Today, NielsenIQ Brandbank announces is expansion into United Arab Emirates and Philippines adding two major ecommerce growth markets to their global retailer distribution network. Retailer collaborations have been formed with major omnichannel retailers including Spinneys and NCCC to bring best in class product content to the regions. As the online channel

Business GCC Saudi Arabia

Seera’s Lumi expands used car sales footprint to Jeddah, to meet growing demand

News Desk 19/06/2023

Riyadh, Saudi Arabia | 19 June 2023: Seera Group Holding’s car rental and leasing unit, Lumi Rental Company (“Lumi” or the “Company”), today announced the launch of its second used car sales showroom, further expanding its used car sales footprint in the Kingdom to meet strong growth in demand. Located in Jeddah’s Al Jawhara district, […]

Business GCC UAE

Qingdao (China) City Tourism Promotion Conference Successfully Held in Dubai

Middle East News 247 19/06/2023

DUBAI — The Qingdao City Tourism Promotion Conference was successfully held in Dubai on June 16th, organized by Dubai China-Arab TV. The event was attended by Mr. Li Xuhang, the Chinese Consul General in Dubai; Mr. Deng Yunfeng, Vice Governor of Shandong Province; Mr. Zhao Yan, Deputy Mayor of Qingdao City; and Mr. Yousuf Lootah, […]

Business

Emirates NBD celebrates 60-year journey from homegrown UAE bank

News Desk 19/06/2023

Dubai, UAE, 19 June 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. The landmark occasion also marks the bank’s journey and tremendous progress from a homegrown local bank to a homegrown international bank, […]

Business

Finance House Signs MoU with Emirates Entrepreneurship Association to Empower UAE’s mSMEs

News Desk 19/06/2023

Abu Dhabi, UAE, 19th June 2023: Finance House LLC (FH), a leading United Arab Emirates lender, and the Emirates Entrepreneurship Association (EEA) have joined forces through a Memorandum of Understanding (MoU) to drive the growth and development of Micro, Small, Medium Enterprises (mSMEs) throughout the UAE. The signing ceremony took place in Abu Dhabi, where […]

Business

Global Wealth Conference partnership Drives Economic Growth with new $5 Billion MENA- Focused Megafund

News Desk 19/06/2023

Abu Dhabi, UAE, June 2023 – The Global Wealth Conference (GWC) organized by the Sovereign Wealth Fund Institute (SWFI) last week in London has emerged as a pivotal driver of investment evolution in the MENA region. Taking center stage was the announcement of a new $5 billion ‘MEGAM’ fund, a collaboration between US-based Patel Family […]