Business

More than $2.8 billion worth of agreements signed on Day 3 of Biban 2023

Middle East News 247 13/03/2023

RIYADH, Saudi Arabia – Today, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (Monsha’at) has underlined its commitment to advancing entrepreneurship in the Kingdom. In line with Vision 2030, Monsha’at has signed a range of agreements with a

Business

PEUGEOT Middle East Launches the Region’s First Fully Electric LCV Fleet

News Desk 2 13/03/2023

Dubai, United Arab Emirates, 13 March 2023 – PEUGEOT Middle East, part of the Stellantis Group, today announced that it will supply DHL Middle East with the region’s first fully electric fleet of Light Commercial Vehicles (LCVs). PEUGEOT is currently the only automotive manufacturer in the Middle East to offer fully electric LCVs, reinforcing the […]

Business

WayCool joins hands with Choithrams

News Desk 2 13/03/2023

Dubai: March 13, 2023: WayCool Foods, India’s leading food and agritech company, has signed a Memorandum of Understanding (MoU) with Choithrams, one of the largest grocery retailers and distributors in the UAE. Choithrams will distribute L’exotique and Dezi Fresh branded high-quality fresh fruits and vegetables, under the WayCool umbrella, through their

Business

HyperPay announces expansion plans

News Desk 2 13/03/2023

March 13, 2023- HyperPay, the largest and fastest-growing payments services provider in the MENA region, has announced that it is going public through an initial public offering (IPO) in Saudi Arabia within the next two years as part of its expansion plan in the country’s fintech market. The payments services provider aims to become the […]

Business Design NEWS DESK

Arabian Gulf market for Spanish ceramics targets bespoke design and exclusive materials

Arnold Pinto 13/03/2023

Having shaken off its legacy affinity for traditional looking ceramic tiles the Arabian Gulf market is getting more sophisticated – in seeking bespoke design, exclusive materials and premium quality – according to the top commercial representative of Apavisa Porcelánico, one of Spain’s largest and most reputed porcelain and ceramic tile producers. The regional growth

NEWS DESK Business Design

21st Tile of Spain Awards winners honoured in Valencia

Arnold Pinto 13/03/2023

The prize-giving ceremony of the 21st edition of the Tile of Spain Awards was held on February 28, 2023, on the sidelines of CEVISAMA 2023 – the international trade fair for ceramic floor, wall and paving tiles, bathroom equipment, natural stone, industrialised construction and machinery – at Feira Valencia, Valencia, Spain. Organised and promoted by […]

Business

Day 2 of Biban 2023 sets the stage for the launch of over $1.5 billion worth of agreements

Middle East News 247 13/03/2023

RIYADH, Saudi Arabia — The Kafalah Program officially announced a partnership with a diverse selection of Saudi-based entities, pledging up to $1.5 billion in financing guarantees for the Kingdom’s burgeoning community of startups and small and medium-sized enterprises (SMEs). The announcement was made on the second day of Biban 2023, with the Kafalah Program — […]

Business

GMG announces bold growth plan

News Desk 2 13/03/2023

GMG, a global well-being company operating leading brands across sport, everyday goods, health and beauty, properties, and logistics sectors, today renewed its commitment to the Egyptian market and opened its headquarters in District 5, Cairo. To support its continued growth in the country, GMG is also looking to increase its current Egyptian workforce 10 times […]

Business

HIMA opens new Regional Head Office

News Desk 2 13/03/2023

HIMA, a leading provider of safety-related automation solutions, is pursuing a clear strategy to strengthen customer partnerships in key markets and enhance collaboration between its partners, sales and engineering services. The latest example is the new head office in the Middle East region. HIMA has been present in the Middle East region for over 20 […]

Business

PERU NOW, the new international campaign for tourism recovery

Middle East News 247 10/03/2023

BERLIN — The campaign “PERU NOW” was launched with great expectations and a live presentation from Machupicchu. Peru returns to the forefront of the world as a diverse, safe and competitive destination. The international strategy implemented by the Commission for the Promotion of Peruvian Exports and Tourism (PROMPERÚ) was presented by Peru’s Minister of

Business

Over 25 agreements worth more than $2.93 billion signed on the opening day of Biban 2023

Middle East News 247 10/03/2023

Riyadh, Saudi Arabia — The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has signed a Memorandum of Understanding (MoU) with Huawei Tech Investment Saudi Arabia Limited. Launched on the opening day of Biban 2023 — Saudi Arabia’s flagship startup and SME forum  — the new partnership will see the […]

Business

Gulftainer Joins Shipping and Logistics Industry Leaders at the Annual TPM Conference

Middle East News 247 10/03/2023

Sharjah, United Arab Emirates — Gulftainer, one of the world’s leading privately owned, independent port management and logistics companies, attended the TPM23 trade conference.  Joining over 3,500 industry leaders at the TPM23 Conference, Simon Aynsley, Chief Sales Officer at Gulftainer, engaged in insightful sessions to discuss the future of shipping and

Business GCC UAE

Experience Smart Cities at CHINT’s Booth in MEE, Dubai

Middle East News 247 10/03/2023

DUBAI, United Arab Emirates — Smart cities are powered by CHINT.At the 48th Middle East Energy Exhibition, visitors were captivated by the striking modern building models suspended in mid-air at booth S1 K10, which showcase blue and green colors to symbolize sustainable energy. When viewed from a 180-degree angle, the exhibition offers an immersive display […]

Business

Cyble Recognized by Forbes as One of America’s Best Startup Employers 2023

Middle East News 247 10/03/2023

ALPHARETTA, Ga. — Cyble, the Y Combinator-backed leader in AI-powered global cyber threat intelligence, today announced that it has been recognized as one of America’s Best Startup Employers 2023 by Forbes in partnership with Statista, the world-leading statistics portal and industry ranking provider. The prestigious list acknowledges the top startup

Business

Dell Technologies ‘Innovate with Data’ Summit

News Desk 2 10/03/2023

Doha, Qatar – March 10, 2023 – Dell Technologies is set to host its ‘Innovate with Data Summit’ in Qatar on March 13, 2023 at the Fairmont Doha.  The summit will bring together industry experts to examine how data can revolutionize Qatar’s business landscape, create new value and advance the country’s digital transformation agenda. Senior […]

Business

Netcracker Wins Telecom Review Excellence Award for Best Global Digital Transformation Provider

Middle East News 247 10/03/2023

WALTHAM, Mass. — Netcracker Technology announced today that it has received the Telecom Review Excellence Award for Best Global Digital Transformation Provider. The award is a validation of Netcracker’s successful track record of delivering digital transformation projects that help CSPs create value through innovation by supporting the development of digital experiences,

Business

Clover Infotech appoints Ashish Dass as Managing Partner – EMEA

Middle East News 247 10/03/2023

DUBAI, United Arab Emirates — Clover Infotech has appointed Ashish Dass as the Managing Partner – EMEA effective 1st March 2023. He will be driving new business opportunities in the Europe, Middle East, and Africa (EMEA) with a keen focus on Oracle Applications. Clover Infotech is one of the premium Oracle partners in EMEA and India […]

Business

D3 Security Recognized as a Microsoft Security Excellence Awards Finalist for Security Trailblazer

Middle East News 247 09/03/2023

VANCOUVER, British Columbia — D3 Security today announced it is a Security Trailblazer award finalist in the Microsoft Security Excellence Awards. The company was honored among a global field of industry leaders that demonstrated success across the security landscape during the past 12 months. “We are thrilled to be recognized as a finalist for the Security

Business

Anxinsec to showcase the unique information security solutions at GISEC Global 2023.

Middle East News 247 09/03/2023

Dubai, United Arab Emirates — As digitalization continues to increase in all sectors, so do security risks. Data shows, the Arab world has made great achievements in terms of digital innovation in the past decade, while they suffered badly from ransomware attacks-numerous companies paid more than $1.4 million in ransom. More than 40% of them […]

Business

Best’s Market Segment Outlook: AM Best Maintains Stable Outlook on Gulf Cooperation Council Insurance Markets

Middle East News 247 09/03/2023

LONDON — AM Best is maintaining its stable market segment outlook for the insurance markets of the Gulf Cooperation Council (GCC) – comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The maintenance of the stable outlook reflects the GCC insurance market’s solid footing entering 2023; however, the weight of headwinds facing […]