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Business

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Business

HIMA opens new Regional Head Office

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.
Business

Dell Technologies ‘Innovate with Data’ Summit

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

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

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

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

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

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 […]
Business

Ducab Metals Business – signs agreement with CTC Global

Dubai, UAE – 9 March 2023 – Ducab Metals Business (DMB), one of Ducab Group’s business units and the only provider of both copper and aluminium solutions in the region, has signed an agreement with US-based leading manufacturer of efficient conductors CTC Global, enabling the organization to be the only manufacturer of CTC Global’s high-capacity, […]
Business GCC UAE

Best’s Market Segment Report: Intense Price Competition Erodes Profitability of United Arab Emirates-listed Insurers in 2022

LONDON — The insurance market in the United Arab Emirates reported a marked deterioration in underwriting profitability in 2022. In AM Best’s opinion, this largely reflects the highly competitive market conditions and continuous pricing pressures, particularly in the core motor and medical lines, which account for a large proportion of retained risk in the market. A
Business NEWS DESK

Eurovets App to Revolutionize Customer Engagement

Dubai, UAE, March 2023 – Eurovets, a leading animal care equipment and supplies distributor in the UAE, has reinforced the importance of downloading its App enabled to help customers keep up with the constantly evolving portfolio of products/ services. The Eurovets App is a free to download platform that allows customers to quickly access information […]
Business

apexanalytix Acquires ESG Enterprise

GREENSBORO, N.C. & HOUSTON — apexanalytix® (“apex”), a leading provider of global supply chain risk management data, software and services, and ESG Enterprise (the “Company”), a provider of environmental, social and governance (ESG) management data, software and services, today announced that apex has acquired ESG Enterprise. Financial terms of the transaction were not
Business

Regtech accelerating the adoption of artificial intelligence by the financial institutions

Dubai, United Arab Emirates — Regtech helps financial and non-financial institutions by leveraging AI to reduce the time spent on investigations and the FTE required for the investigations of financial crimes. This sentiment was commonly echoed by the panel speakers of 6th MENA Regtech: Mr. Muhammad Shahid Farid, Head of AML/CFT and Sanctions, The Commercial […]
Business

Ducab Group reports more than 19 percent year-on-year growth

Dubai, UAE – 8 Mar, 2023 – Ducab Group, one of the UAE’s largest end-to-end energy solutions providers and industrial manufacturing businesses, has registered notable gains across its business units in 2022, with a combined annual year-on-year revenue increase of 19 percent. The metal business alone posted more than 23 percent in Y-o-Y growth, followed […]