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Business

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Business GCC UAE

UAE Participates in G20 Trade and Investment Working Group Meeting in India, Promotes Collaboration to Drive Global Economic Growth

His Excellency Juma Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, led a delegation from the UAE Ministry of Economy to the second G20 Trade and Investment Working Group Meeting (TIWG) in May in Bengaluru, India. The three-day forum, held under India’s G20 Presidency, brought together more than 100 delegates […]
Business

QNET Launches in South Africa, Expanding Its Global Footprint

DUBAI, May 29, 2023 – QNET, a global direct selling company, has officially opened its doors in Sandton, Johannesburg, marking a significant milestone for the company as it continues to expand its reach across the African continent. QNET, known for its high-quality products and grassroots business model, has been empowering communities worldwide since its inception […]
Business GCC UAE

UAE’s Falcon 40B Dominates Leaderboard: Ranks #1 Globally in Latest Hugging Face Independent Verification of Open-source AI Models

Abu Dhabi, United Arab Emirates — Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation Institute (TII) last week, soared to the top spot on Hugging Face’s latest Open Large Language Model (LLM) Leaderboard. Hugging Face, an American company seeking to democratize artificial intelligence through
Business

Al Ansari Exchange partners with Tranglo to optimise seamless cross-border remittance experiences

May 29, 2023: Al Ansari Exchange, the subsidiary of Al Ansari Financial Services P.J.S.C. and the largest outward personal remittance and foreign exchange company in the UAE, announced its collaboration with cross-border payment hub Tranglo to optimise the seamless cross-border remittance customer experience. The effort between Al Ansari Exchange and Tranglo to integrate
Business GCC UAE

NewLink and Dubai Chambers Forge Strategic Partnership to Support Bilateral Innovation Exchange and Collaboration

BEIJING — On May 22nd, 2023, a pre-launch event launched at Dubai Chambers headquarters, aiming to empower Chinese technologies and innovative companies to leverage Dubai as a global hub for international expansion, further strengthening bilateral ties and fostering innovation between Dubai and China. Chinese digital energy service enterprise, NewLink, was also invited as
Business NEWS DESK

1-Platform takes customer pain points into account with Middle East rollout of its bespoke smart workplace solution

Arnold Pinto
What key questions do enterprise-positioned leaders in the Middle East invariably ask themselves when it comes to running their business operations in the physical spectrum on a daily basis? The typical questions uppermost on their mind tend to be: How can we optimise the use of our workplace environment for the employees? How can we […]
Business NEWS DESK Tech

Acronis strengthens commitment to cyber protection in Africa at GITEX Africa 2023

News Editor 2
GITEX Africa, Africa’s foremost technology exhibition and networking platform, is set to witness the participation of global tech experts, with cyber protection leader Acronis underscoring the critical role of deploying a comprehensive security and data protection protocol to face escalating ransomware attacks. With damages predicted to exceed US$30 billion by 2023,
Business GCC UAE

H.E. Bin Touq: UAE-India partnership a driver for economic growth that creates trade & investment opportunities for over 3.8 billion people

H.E. Abdulla bin Touq Al Marri, Minister of Economy, participated in a session titled ‘Is Minilateralism the Future of Global Trade?’ as part of the annual Confederation of Indian Industry (CII) conference 2023 held in New Delhi on 24 and 25 May. The session was attended by Sanjeev Bajaj, President of CII; Chandragit Banerjee, Director […]
Business

Investopia signs new partnership with the Confederation of Indian Industry to exchange expertise & knowledge

Investopia, the global investment platform, signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII) as part of its efforts to establish new partnerships with leading local and global institutions and entities. The latest partnership will facilitate the exchange of expertise and knowledge and dialogue between business delegations, in