Business

Netcracker Showcases Leadership and Expansion in the Middle East at FutureNet MENA 2023

Middle East News 247 17/03/2023

WALTHAM, Mass. — Netcracker Technology announced today that it continues its commitment to customers in the region – including du, Etisalat by e&, stc, Vodafone Oman and Zain KSA – by participating in FutureNet Middle East & North Africa 2023 on Monday, March 20 at the

Business GCC UAE

Regional Conference of WMO’s Regional Association II (Asia) Concludes in Abu Dhabi

Middle East News 247 17/03/2023

Abu Dhabi, United Arab Emirates — The Regional Conference (RECO) of WMO’s Regional Association II (Asia), hosted by the National Center of Meteorology (NCM), concluded today in Abu Dhabi by issuing a high-level statement in support of the UN initiative ‘Early Warning for All’. The statement highlighted the urgent need to build national and community […]

Business

DHL Global Connectedness Index

News Desk 2 16/03/2023

Dubai, UAE, March 16, 2023: DHL and New York University’s Stern School of Business released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital, and information move around the world. The […]

Business

ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis

Middle East News 247 16/03/2023

NEW YORK & LONDON & TEL AVIV, Israel — ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, today announced it is experiencing heightened demand for its sophisticated SONAR SaaS AI solution that can help maintain smooth and uninterrupted cross-border money transfers amid the latest banking crisis.

Business

Kibsons launches very first Sustainability Tours and showcases environmentally friendly production process

News Desk 2 16/03/2023

Becoming the leading name in UAE farm to fork grocery delivery, family owned and operated Kibsons have championed convenience, quality and value since 1980, with a key focus on environmentally friendly systems and processes that have paved the way when it comes to sustainable growing and shopping in the region and online food delivery service. […]

Business

Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100

Middle East News 247 16/03/2023

HONG KONG — Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 […]

Business GCC Saudi Arabia

Leaders of the Global Financial Community Outline Positive Outlook for Sector as Financial Sector Conference Opens in Riyadh

Middle East News 247 16/03/2023

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) opened today in Riyadh, welcoming over 3000 participants from around the world to discuss the way ahead for the global financial community under the conference theme of “Promising Financial Prospects.” Welcoming delegates to the conference Saudi Minister of Finance HE Mohammed […]

Business

LG Showcase MEA 2023 returns with first-hand experiences of LG’s latest innovations

Middle East News 247 16/03/2023

DUBAI, United Arab Emirates — LG Showcase MEA 2023 has opened its doors today for the first time in four years bringing the latest boundary-pushing products from LG Electronics. The two-day event held at Habtoor City in Dubai, UAE with over 400 guests, witnessed all the latest innovations that will be rolled out in the […]

Business NEWS DESK Tech

Acronis set to launch its first cloud data centre in Dubai; a first for the GCC region

Arnold Pinto 16/03/2023

Acronis, a global leader in cyberprotection, is poised to launch its first cloud data centre in Dubai, United Arab Emirates, making it also its first such facility in the Gulf Cooperation Council (GCC) region. Part of an initiative to deploy 111 new geographically-distributed data centres across the globe over a five-year period, the new Acronis […]

Business

Anxinsec Highlighted An Innovative and All-in-one Solution for Endpoint and Workload Protection at X-LABS Stage.

Middle East News 247 15/03/2023

Dubai, United Arab Emirates — ANXINSEC is participating in the GISEC Global 2023, the leading gathering ground for the cybersecurity community worldwide. As a leading brand of memory security, Anxinsec shares insights about advanced threats and introduces “An innovative and all-in-one solution for endpoint and workload protection.” “0-day vulnerabilities have increased by

Business

Mastercard Launches Legacy Book Celebrating 25 Inspiring Women and Their Trailblazing Stories

Middle East News 247 15/03/2023

Dubai, United Arab Emirates —Bringing together the journeys of some of the world’s most inspiring female leaders in arts, sports, politics, hospitality, financial services and beyond, Mastercard has unveiled a coffee-table book, ‘Lasting Legacy – Honoring 25 Visionaries to Celebrate 25 Years of Priceless’. Launched during Women’s Month 2023, the book marks the 25th

Business

Xiaomi Wireless AR Smart Glass Discovery Edition Unveils at MWC 2023

Middle East News 247 15/03/2023

Dubai, United Arab Emirates — Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, today announced its brand new concept technology achievement, Xiaomi Wireless AR Smart Glass Discovery Edition, at Mobile World Congress 2023 (MWC 2023). This cutting-edge tech innovation is Xiaomi’s first wireless AR glasses to utilize

Business GCC Saudi Arabia

Panasonic Boosts Revival Strategy In Saudi Arabia

News Desk 2 15/03/2023

Panasonic Marketing Middle East & Africa (PMMAF) announced today that it is expanding its distribution line-up in Saudi Arabia as it looks to revive its footprint in the Kingdom and establish the right level of resources to meet the growing demand for its industry-leading products and solutions.   Just recently, Panasonic also revealed that it […]

Business

Achieving the Switch between Fuel and Electric Drive and a Comprehensive Endurance of 950km

Middle East News 247 15/03/2023

Dubai, United Arab Emirates — Chery, the first auto brand to devote itself to researching and developing new energy technologies, has launched a super hybrid DHT technology as the global trend towards environmental protection has steadily developed. TIGGO 8 PRO e+, the first hybrid product equipped with this system, will soon be launched in the […]

Business

Spectrum Enterprise Migrates All Customers to Netcracker’s Billing Platform

Middle East News 247 15/03/2023

WALTHAM, Mass. — Netcracker Technology announced today an expanded relationship with Spectrum Enterprise, a part of Charter Communications and a national provider of scalable, fiber technology solutions. Spectrum Enterprise will serve its customers from a single billing platform and has chosen Netcracker Revenue Management as its solution. The consolidation onto a single

Business GCC UAE

D3 Security to Showcase “Smart SOAR” at GISEC Global in Dubai

Middle East News 247 15/03/2023

VANCOUVER, British Columbia — D3 Security, the leader in smart security orchestration, automation, and response (SOAR), today announced that it will be showcasing its innovative technology at the Gulf Information Security Expo and Conference (GISEC) in Dubai from March 14th-16th. The D3 Security team will be in booth number D65, hosted by their partners TRINEXIA.

Business

Ecoppia Announces Appointment of Amir Fishelov, Co-Founder of SolarEdge Technologies to its Board of Directors

Middle East News 247 15/03/2023

TEL AVIV, Israel — Ecoppia (TASE: ECPA), the world’s leader in robotic cleaning for photovoltaic solar panels, announced today the appointment of Mr. Amir Fishelov as a member of its board of directors. Mr. Fishelov has more than 20 years of experience in the solar energy and technology fields and is the Co-Founder of SolarEdge […]

Business

Air Arabia shareholders approve 15% dividend distribution

News Desk 2 15/03/2023

Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 15 percent cash dividend for the financial year ending December 31, 2022 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 15 fils per share, reflects another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’

Business GCC Saudi Arabia

Biban 2023 powers the future of Saudi entrepreneurship with the launch of $13.8 billion-worth of agreements and initiatives

Middle East News 247 14/03/2023

Riyadh, Saudi Arabia — Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community. Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi […]

Business GCC UAE

UAE Metallurgy and Foundry Industry poised to grow by over 3 per cent

News Desk 2 14/03/2023

Dubai, March 14, 2023: In the backdrop of the accelerated energy transition to achieve the Net Zero goal by 2050 as well as the exponential growth in infrastructure development and construction activities in the UAE, the minerals and metals industry is estimated to grow at a rate of over 3 per cent, touching an estimated […]