Business

EIG Hires Joe Kaeser, Former Siemens AG CEO, as Senior Advisor

Middle East News 247 18/04/2023

WASHINGTON — EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Joe Kaeser, former President and Chief Executive Officer of Siemens AG (“Siemens”), has joined EIG as Senior Advisor. In this role, Mr. Kaeser will provide strategic counsel

Business GCC UAE

LG UNVEILS ITS ADVANCED 2023 LINE-UP OF AIR CONDITIONERS IN THE UAE

Middle East News 247 18/04/2023

Dubai, United Arab Emirates — LG Electronics (LG) announced the launch of its latest air conditioner line-up for 2023 in the UAE as part of the Life is Cool with DUALCOOL campaign. The new air conditioners are designed to cater to the hot and humid weather conditions prevalent in the UAE and surrounding region. With […]

Business

Nestlé Cereals becomes first Breakfast Cereal business to enter the Metaverse

News Desk 2 18/04/2023

Cereal Partners Worldwide, the maker of Nestlé Breakfast Cereals and a leading breakfast cereal business in the world, is taking fans beyond the cereal bowl with an interactive metaverse experience. The Nestlé Cereals Metaclub will host a vast space with 10 unique virtual attractions on Decentraland, bringing together access to sustainability themed online challenges, NFTs

Business

SureX Launches One-Stop Platform for DeFi Investments and Money Management

Middle East News 247 18/04/2023

MAHE, Seychelles — SureX Exchange is on a mission to provide greater access to the dividends of decentralized finance (DeFi). To achieve this, the SureX team has launched a simple and easy-to-use one-stop platform for making DeFi investments and managing money. With a US MSB license, SureX Derivatives Exchange is the world’s leading and most accessible

Business GCC NEWS DESK UAE

DFM Collaborates With Dubai Chambers To Offer A Comprehensive Program To Accelerate Businesses’ Path To IPO:

News Editor 17/04/2023 0

Dubai’s thriving economy and growing private sector have led to an increasing interest in capital markets. To support this trend and fuel the growth of regional private companies, the Dubai Financial Market (DFM) and Dubai Chamber of Commerce have teamed up with 20 local and international advisory firms to launch ‘The IPO Accelerator Program. The Role […]

Business

Tatawwar Programme now open to the next generation of sustainable leaders to address UN SDGs

Middle East News 247 17/04/2023

Dubai, United Arab Emirates — Tatawwar, which means “to develop” in Arabic, is an interactive digital programme, now open, that provides youth with the tools to turn challenges in their communities into innovation opportunities that address the United Nations’ Sustainable Development Goals (SDGs). The new edition of Tatawwar introduces a comprehensive and

Business

Madame Tussauds Istanbul Welcomes Tuba Buyukustun to its Collection of Stars

Middle East News 247 17/04/2023

ISTANBUL — Madame Tussauds Istanbul, the renowned wax museum with a 250-year history, has added Tuba Buyukustun, a celebrated name in the world of cinema and television. Madame Tussauds Istanbul houses over 70 figures from various fields such as art, sports, and science. Responding to the visitors’ demands, Madame Tussauds Istanbul includes popular celebrities from […]

Real Estate Business

Sobha Realty records 71 per cent of total sales from foreign investors

News Desk 2 17/04/2023

UAE, April 17, 2023 Sobha Realty, one of the UAE’s most trusted real estate developers, has revealed that foreign buyers accounted for 71 per cent of all sales, indicating the growing demand for its properties by overseas investors. The developer stated that the top investors in 2022 were Russians, Indians, and Emiratis, followed by Romanian, […]

Business GCC UAE

FranGlobal goes Pan Global with new Headquarters in Dubai

News Desk 2 17/04/2023

Dubai, United Arab Emirates: FranGlobal, Asia’s leading franchising solutions firm, is now expanding globally with their new headquarters in Dubai. The firm has a reputation for working with various top global corporations helping them to enter and expand in Asia and Gulf countries. Some of their top clients Delifrance, USA’s Romano Macaroni Grill, and Amergent […]

Business

Brazilian exports to Arab World climb 14.01% to USD 4.420 billion in Q1 2023

News Desk 2 17/04/2023

April 17, 2023- The Arab-Brazilian Chamber of Commerce (ABCC) reported a surge of 14.01 per cent in the Brazilian exports to the Arab World in the first quarter of 2023, totalling USD 4.420 billion as compared to USD 3.877 billion during the same period last year. The imports also jumped 1.7 per cent to USD […]

Business

DEWA launches its second nanosatellite DEWA SAT-2 to enhance its operations and improve efficiency

Middle East News 247 17/04/2023

Dubai, United Arab Emirates — Dubai Electricity and Water Authority (DEWA) has successfully launched its second nanosatellite DEWA SAT-2 aboard the Falcon 9 rocket of SpaceX from Vandenberg Space Force Base in California, USA. The nanosatellite was designed and developed by Emiratis at DEWA’s Research and Development Centre, in collaboration with NanoAvionics in Lithuania.

Business GCC UAE

UAE Banks Federation Board of Directors Affirms Strength of UAE Banking Sector 

News Desk 2 14/04/2023

UAE Banks Federation Board of Directors convened its first meeting for the year 2023 on March 16th under the leadership of His Excellency Abdulaziz Al-Ghurair, Chairman of the Board of Directors of UAE Banks Federation. The Board discussed the latest developments, trends, and challenges in the banking sector, locally and globally. During the meeting, the […]

Business

Emirates Development Bank partners with UAE Ministry of Economy

News Desk 2 13/04/2023

Abu Dhabi, United Arab Emirates, 13 April 2023: Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement in the United Arab Emirates (UAE), has partnered with the UAE Ministry of Economy’s Entrepreneurial Nation to support the Smart Farming Global Innovation Challenge, in line with the Bank’s commitment to the […]

Business

Experience the Ultimate Laundry Upgrade with Advanced LG Dryers Featuring Gentle Drying and True Steam Technology

Middle East News 247 13/04/2023

Dubai, United Arab Emirates —LG Electronics(LG), a pioneering brand in innovative household appliances, presents a dryer that is meticulously crafted to simplify and enhance your laundry experience. This dryer is equipped with energy-saving features that reduce power consumption, resulting in reduced utility bills and a greener environment. Moreover, it boasts a shorter

Business

Buildrs to launch Web3 CRM and Data Platform at Istanbul Fintech Week

Middle East News 247 13/04/2023

ZUG, Switzerland — Buildrs – a Swiss-based company driving the adoption of Web3 – is set to unveil the Buildrs Platform – a CRM and data platform at Istanbul Fintech Week. The launch of this pioneering technology platform will take place on 13 April 2023, and is accompanied by endorsement from Riyadh-based investment company Quara Holding. The […]

Business

Truecaller Introduces Live Caller ID for iPhone

Middle East News 247 13/04/2023

STOCKHOLM — Truecaller, the world’s leading global communications platform, has announced the introduction of a major update of its product on iPhone. The update brings in new, exciting features which will provide an improved and more secure communication experience for iPhone users worldwide. This complete Live Caller ID experience is now on iPhone for the first […]

Business

SLT-MOBITEL Extends Partnership with Netcracker for Converged Revenue Management

Middle East News 247 13/04/2023

WALTHAM, Mass. — Netcracker Technology announced today that SLT-MOBITEL, the national ICT solutions provider of Sri Lanka and partner of Netcracker’s for nearly two decades, will implement Netcracker Digital BSS and Professional Services to consolidate its billing system for upgraded fixed, mobile and online charging capabilities. Netcracker’s

Business GCC Saudi Arabia

KPMG partners with Saudi SMEs Authority

News Desk 2 13/04/2023

(RIYADH): KPMG in Saudi Arabia has partnered with the General Authority for SMEs (Monsha’at) as it launches the third annual Global Tech Innovator (GTI) competition. This competition is set out to recognize leading tech innovators in the Kingdom, allow them to pitch their ideas in front of a panel of judges, enable them to get global […]

Business

Riad Mishlawi named Chief Executive Officer of Hikma Pharmaceuticals PLC

Middle East News 247 12/04/2023

Amman,Jordan — Hikma Pharmaceuticals PLC (Hikma, Group), announces that Riad Mishlawi, President of the Group’s Injectables business, has been appointed Chief Executive Officer (CEO), effective 1 September 2023. Thereafter, Said Darwazah will step down as acting CEO and return to his role as Executive Chairman. As CEO, Riad will bring his deep knowledge of Hikma […]

Business

CHALHOUB GROUP’S WEB3 SNEAKER BRAND SOL3MATES

News Desk 2 12/04/2023

SOL3MATES, Chalhoub Group’s web3-native sneaker brand, revealed its first NFT collection “SOL3MATES OG NFTs”. Only 10,000 NFTs will be available at 0.03 ETH (approx. 55 USD) on 4th of May 2023 for a limited time only. Purchasers of the collection become members of the SOL3MATES community and receive exclusive membership benefits such as early access […]