Business

Al Tayer Motors hands over first all-new Maserati

News Desk 2 07/02/2023

Dubai, 7 February 2023. Al Tayer Motors, the UAE’s official Maserati importer-dealer, handed over the first units of the all-new Grecale – a new SUV from the legendary Italian brand known for its elegant, sporty vehicles. The cars were handed over from the Al Tayer Motors Maserati

Business

Lumenore enters into a strategic partnership with iQ Innovation Hub LLP

News Desk 2 07/02/2023

Dubai, February 7, 2023: Lumenore, a platform that develops advanced analytics and business intelligence solutions incorporated with intuitive and AI-Powered modules, today announced that it has entered into a strategic partnership with iQ Innovation Hub LLP, an integrated technology partner specializing in consulting and delivering enterprise solutions. This move will

Business

Freshworks and Meta Partner to Help Businesses Elevate Conversational Customer Experience 

News Desk 2 07/02/2023

Freshworks Inc. (NASDAQ: FRSH), today announced that companies around the world have increased customer retention by using Freshworks’ conversational AI bots to automate communication with buyers through WhatsApp, Instagram Messaging, and Facebook Messenger. International companies like MTN Cameroon in Africa, Body & Fit in Europe and The Giving Movement in Dubai have

Business

Al Zorah Unveils the Iconic Seaside Hills Residence Project

Middle East News 247 06/02/2023

Ajman, United Arab Emirates — Al Zorah Development Company, a joint venture between the Government of Ajman and Solidere International PLC, presents Seaside Hills Residence, the company’s exclusive new range of picturesque beachside residential units in the Emirate of Ajman. Nestled within the refined Al Zorah community, Seaside Hills Residence comprises three

Business

Accutar Biotechnology Announces FDA Clearance of IND Application for Phase 1 Trial of AC0676 in B-cell Malignancies

Middle East News 247 06/02/2023

CRANBURY, N.J. — Accutar Biotechnology, Inc., a biotechnology company focusing on artificial intelligence (AI)-empowered drug discovery, today announced that the U.S. Food and Drug Administration (FDA) has cleared the company’s investigational new drug application (IND) for AC0676 for the treatment of patients with relapsed/refractory B-cell malignancies. AC0676 is an

Business

Malabar Gold & Diamonds continues rapid expansion

News Desk 2 06/02/2023

The grand inauguration of the 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, USA. Ms. Susan Fletcher, Collin County Commissioner and Mr. Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the […]

NEWS DESK Business

Silicon Central adds new stores to retail portfolio

News Desk 2 06/02/2023

Dubai, UAE: Silicon Central, Dubai’s latest lifestyle and shopping destination announces the opening of over ten new stores in the last few weeks with five more outlets opening this month to offer mall visitors a diverse shopping experience. The new stores that opened recently include OVS, Al Futtaim Auto Centre, Tanishq, Al Jaber Optical, Smoker […]

Business

SHUAA ICC funds outperform global benchmarks in 2022

News Desk 2 06/02/2023

United Arab Emirates, 6 February 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has affirmed its position as one of the leading regional asset managers, outperforming global industry benchmarks and strong growth in Assets Under Management (“AUM”) across its Incorporated Cell Company (ICC) fund range,

Business

A SOUND THAT WILL AWAKEN YOUR SENSES

Middle East News 247 06/02/2023

DUBAI, United Arab Emirates — Unlock exceptional sounds with LG Electronics (LG) Sound Bar that reveals stunning details in the music. An ultimately enjoyable listening experience with high-resolution audio for crystal clear precision. The sound delivered from LG Sound Bar has an automatic sound tuning technology “AI Room Calibration Pro” that compensates and balances

Business

ARZAN WEALTH ADVISES ON NEW US MEZZANINE LENDING TRANSACTION

Middle East News 247 06/02/2023

Dubai, United Arab Emirates — As part of its strategy focused on investments into debt structures, Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based consulting firm governed by the Dubai Financial Services Authority, is happy to announce that it provided advice on a mezzanine financing opportunity for a healthcare facility located in Houston, Texas. The […]

Business

Uptime Institute Completes Acquisition of CNet Training, the International Award-Winning Technical Education Company

Middle East News 247 06/02/2023

NEW YORK — Uptime Institute, the Global Digital Infrastructure Authority, a Dominus Capital, L.P. portfolio company, announced today that it has completed its acquisition of Academia Group Limited and all of its global subsidiaries including CNet Training, Ltd. CNet Training, located in Bury Saint Edmunds, Suffolk, England, is an International award-winning technical

Business

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200

Middle East News 247 03/02/2023

WESTFIELD CENTER, Ohio — Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO). This strategic acquisition establishes Westfield as a global franchise, accelerates Westfield Specialty’sSM growth after a strong first 18 months in the U.S. market, and

Business

Major Update: B2Broker Adds Match-Trader White Label

Middle East News 247 02/02/2023

DUBAI, United Arab Emirates — After integrating cTrader in 2022, B2Broker has continued to expand, with the integration of Match-Trader being the most recent. By adding Match-Trader, B2Broker, a worldwide provider of liquidity and technology for the FX and cryptocurrency markets, has announced the extension of its white label liquidity service. Thanks to

Business

Fresh Del Monte and Talc Investment Announce Banana Partnership in Somalia

Middle East News 247 02/02/2023

MIAMI, United States — Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, and Moze Holding Limited, a Talc Investment company, are pleased to announce the signing of a Somalia-based, multi-year banana partnership located in the heart of the

Real Estate Business

Eshraq Investments sells four plots in JVC for AED 48.55 million

News Desk 2 02/02/2023

Abu Dhabi, UAE; 2 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has concluded the sale of 4 land plots in JVC for a total consideration of AED 48.55 million. The transactions are a continuation of the Company’s steady progress on its 3-year land monetization program. Under the program, Eshraq has […]

Business

Under the Patronage of H.H. Sheikh Mohammed bin Hamad Al Sharqi, the Fujairah Mountain Shooting Championship Kicks off on February 6, with 444 competitors from 40 countries around the world.

Middle East News 247 02/02/2023

Fujairah, United Arab Emirates — Under the patronage of His Highness Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah, the 1st Fujairah Mountain Shooting Championship (FMSC) will kick off on Monday, February 6, with 444 competitors from 40 countries around the world. Taking place in the middle of Wadi Ghub, in Fujairah’s magnificent […]

Business GCC UAE

Dr. Abdulla Al Mandous Named UAE’s Official Candidate for WMO Presidency

Middle East News 247 02/02/2023

Abu Dhabi, United Arab Emirates — The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has named His Excellency Dr. Abdulla Al Mandous, the Director General of the National Center of Meteorology (NCM), as the UAE’s official candidate for the Presidency of the World Meteorological Organization (WMO). Dr. Al Mandous is currently serving as […]

Business GCC UAE

BenQ Middle East Elevates Experience at MyGolfDubai

News Desk 2 02/02/2023

Dubai, United Arab Emirates, 1ST February 2023: Visual Display Solutions Giant BenQ has partnered with Dubai’s Premium Golf & Entertainment Lounge MyGolfDubai to bring the most advanced simulation solutions to the world of golf. They have state-of-the-art golf simulators and facilities to offer the same experience a player would get at any golf course, without […]

Business GCC UAE

Aster Pharmacy and talabat UAE sign partnership to deliver prescription medicines to patients in the country

Middle East News 247 02/02/2023

Dubai, United Arab Emirates — Aster Pharmacy, the retail arm of Aster DM Healthcare and prominent pharmacy chain in the UAE, has signed a Memorandum of Understanding (MOU) with talabat UAE, online food delivery and q-commerce platform to enable prescription medicine purchases. Starting February 2023, talabat users will be able to upload their medical prescriptions […]

Business

Dine Brands International Continues Expansion with Dual-Brand Locations in the Middle East

Middle East News 247 01/02/2023

GLENDALE, Calif. — Dine Brands International, an affiliate of Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, announces today the opening of its dual-brand Applebee’s and IHOP location in the United Arab Emirates and plans to open a minimum of 4 additional locations in the Middle