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February 21, 2025
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Business GCC UAE

UTI celebrates 60th anniversary in Dubai

Dubai – January 19, 2022: One of India’s largest and oldest Asset Management companies, UTI Asset Management Co. LTD (UTI-AMC), today said investors from the Middle East and North Africa (MENA) region have a huge opportunity in the surging growth of India with the country’s economy on its way to being a US$5 trillion economy. […]
Business GCC Saudi Arabia

Saudi Arabia is creating a global model for economic resilience and collaboration

Davos-Switzerland. — The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the
Business

Masdar City and ADGM sign strategic agreement

Abu Dhabi, January 19, 2023: Masdar City, Abu Dhabi’s flagship sustainable urban community and innovation hub, and the Abu Dhabi Global Market (ADGM) have signed a strategic Memorandum of Understanding (MOU) to strengthen foreign investment in Abu Dhabi and support innovation that enhances the UAE’s economic competitiveness. The agreement was signed by Ahmed Baghoum, the
Business

PROVEN Arabia signs Memorandum of Understanding with Sa3ee

Dubai, UAE, Januaray 19, 2023: PROVEN Arabia, one of the leading business outsourcing organizations in Saudi Arabia, announced it has signed a Memorandum of Understanding (MoU) with Sa3ee, a non-profit organization for rehabilitation and employment for citizens with disabilities. The objective of the MoU is to enrich employment opportunities for people with special needs
Business GCC Saudi Arabia

Saudi Fund for Development expands operations in the Caribbean countries with agreement to fund expansion project of University of the West Indies at Five Islands in Antigua and Barbuda

Saint John’s, Antigua and Barbuda — The Saudi Fund for Development (SFD) CEO, Mr. Sultan Al-Marshad, and Honorable Gaston Browne, Prime Minister of Antigua and Barbuda, signed an $80 million financing agreement for the expansion project of the University of the West Indies at Five Islands (UWI) in Antigua and Barbuda. The agreement represents a […]
Business GCC UAE

The Sharjah Prize in Public Finance Holds An Introductory Seminar in Cooperation with the Ministry of Economy and Finance

Sharjah, United Arab of Emirates — The Central Finance Department held an introductory symposium in the Kingdom of Morocco on the second edition of the Sharjah Prize in Public Finance, as part of its plan and agenda for organizing a series of seminars for the second phase, which will end this month. The symposium opened […]
Business NEWS DESK Tech

Milestone Systems banks on enhanced channel partnerships in MENAT region in 2023

Firmly established as a partner-centric company Milestone Systems (Milestone) coasts into 2023 primed and ready to meet the ever-growing demand for data-driven video management solutions in the MENAT (Middle East, North Africa and Turkey) region through its extensive network of resellers, system integrators, security specialists and service providers. Commemorating its
Tech Business

Masdar City, MBZUAI, and The Catalyst join hands

A new partnership between Masdar City, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), and The Catalyst, the region’s first clean technology startup accelerator, aims to drive the growth of artificial intelligence (AI), clean tech, and smart city technology, including autonomous transportation, throughout the region. Mohamed Al Breiki, the executive
Business GCC Saudi Arabia

Global energy security depends on geopolitical stability – Saudi Foreign Minister tells WEF23

Davos, Switzerland — Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday. During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, emphasized
Business

e& named MEA’s most valuable portfolio

Abu Dhabi, 18th January 2023: e& (formerly known as Etisalat Group) has consolidated its position as the most valuable portfolio of telecom brands in the Middle East and Africa (MEA), according to the 2023 Brand Finance Global 500 Report released at the World Economic Forum (WEF) in Davos. Highlighting its transformation efforts into a global […]
Business GCC Saudi Arabia

Saudi, WEF launch innovation accelerator, explore collaborations in global metaverse village

Davos, Switzerland — A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. His Highness Prince Faisal Bin Farhan Al Saud, Minister of Foreign Affairs, Her Royal Highness Princess Reema bint Bandar Al Saud, Ambassador to the United States of America, His […]
Business

Masdar City Free Zone and Amazon Web Services collaborate to accelerate growth of UAE start-ups

Abu Dhabi, United Arab Emirates – January 17, 2023: Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, is collaborating with Amazon Web Services (AWS) to empower start-ups to build scalable and secure cloud-based services that accelerate their growth. Announced at Abu Dhabi Sustainability Week 2023, the collaboration offers start-ups acce­ss to