Home News Archive by category Business (Page 67)

Business

Get the latest Business news from the Middle East. Stay informed on market trends, investments, and economic developments in 60 characters.

Tech Business GCC UAE

Zoho grows 10x over 5 years in the UAE

Dubai—February 14, 2023: Zoho, a global technology company, announced that in the five years since starting its operations in the UAE, which serves as its Middle East and Africa headquarters, the company has grown 10 times in the country, with a 5-year CAGR of 60%. On the sidelines of Zoholics Dubai, the annual user conference […]
Business GCC Saudi Arabia

Clarity AI signs MoU with the Saudi Tadawul Group to Increase Access to Sustainability Assessment, Analysis and Reporting Capabilities for Companies in MENA

RIYADH, Saudi Arabia — Clarity AI, the leading global sustainability tech platform, has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group, the largest stock exchange in the Middle East and North Africa (MENA) region with a market capitalization nearing $3 trillion, to facilitate the education of companies in the Kingdom of Saudi […]
Business

Lean Node Startup Studio and Mjalis Investments Partner to Launch Lean Fintech, a Venture Builder Specializing in Fintech Startups

Riyadh, Saudi Arabia — During the second edition of LEAP event, Saudi Arabia’s global tech event, a partnership agreement was inked on February 7 between Lean Node Startup Studio and Mjalis Investment, to establish Lean Fintech, a venture builder dedicated to building disruptive Fintech startups. The partnership aims to build innovative fintech startups to improve […]
Business

H.H. Sheikh Mohammed bin Hamad Al Sharqi Awards Fujairah Mountain Shooting Championship Winners

Fujairah, United Arab Emirates — During the Fujairah Mountain Shooting Championship closing ceremony, H.H. Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah, emphasized the importance of the championship in attracting key professional competitors from around the world and promoting the country’s sports sector to global levels. His Highness reaffirmed the
Business

Elm and SAR Sign an Agreement

13 February 2023- Elm, a leader in digital solutions, and the Saudi Arabia Railways (SAR), a major player in the transport and logistics sector, signed an agreement to provide connectivity and integration services for the Haramain High-Speed Rail Systems. The agreement was signed on the sidelines of LEAP 2023. Dr. Abdulrahman bin Saad Aljadhai, Elm’s […]
Business

Moro Hub collaborates with Intelligent Security Systems

Dubai, UAE, 13 February 2023: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed a strategic partnership agreement with Intelligent Security Systems (ISS), a global leader in video management and analytics software solutions. The agreement will oversee both parties work hand in hand to provide comprehensive […]
Business

Del Monte Returns to Gulfood 2023

Dubai, United Arab Emirates — With its commitment to inspire healthy lifestyles and offer superior value, Fresh Del Monte is returning to Gulfood 2023, the largest food exhibition for suppliers and manufacturers. Gulfood’s 28th edition, held at Dubai World Trade Center from 20 – 24 February, aims to enhance the focus on sustainability and food […]
Business Tech

Mozn joins forces with Deloitte to fight financial crime

Dubai, United Arab Emirates, February 2023 – Mozn, a market leader in enterprise AI technologies, announced today during LEAP23 a strategic partnership with Deloitte, the globally leading professional services organization, to combat financial crime, bolster regulation, and empower the financial services industry in Saudi Arabia, the Middle East, and North Africa to
Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

2022 was undoubtedly a year of slumps in stock markets, and projections for 2023 remain cautious as inflation and geopolitical tension continue to affect global economy. One market, however, seems to be benefiting from the turmoil, defying the general downward trend with steady price hikes: the oil and gas market. For oil-producing countries in the […]
Business

Humaid bin Rashid International Award for Sustainability announces the names of the scientific committee in its second edition

Ajman, United Arab Emirates — Hamid bin Rashid International Award for Sustainability has recently revealed the members of the scientific committee for the second edition of the award, which includes a number of experts, academics, and specialists in the field of the environment from various countries, including the United Kingdom, United States of America, Canada, […]
Business GCC UAE

Sharjah Finance Department honours 36 winners in the fifth round of the Financial Performance Excellence Award

Sharjah, United Arab Emirates — His Excellency Sheikh Mohammed bin Saud Al Qasimi, Chairman of Sharjah Finance Department (SFD), witnessed the honouring ceremony for the winners of the fifth round of the distinguished Financial Performance Excellence Award, organized by the SFD to promote a culture of excellence in government financial performance. The awards follow the
Business

Ducab Group enhances its footprint in India

Bengaluru, India – 10 February 2023 – Ducab Group, one of the biggest end-to-end solutions providers and manufacturing firms in the United Arab Emirates, is enhancing its footprint in India, turning the subcontinent into a new home market in Bengaluru, which opened on February 9. Ducab’s first office in India and southeast Asia, will further […]
Business

Independent Cloud Computing Leader Vultr Adds NVIDIA A16 to its A40, A100, and Fractional GPU Offerings

WEST PALM BEACH, Fla. — Vultr, the world’s largest privately-held cloud computing company, today announced Cloud GPU availability of the NVIDIA A16, the premier graphics processing unit (GPU) for virtual desktop infrastructure (VDI). The NVIDIA A16 is purpose-built for high-density, graphics-rich VDI, delivering a user experience nearly indistinguishable from a
Business GCC UAE

DigiLens Inc. CEO Chris Pickett to Speak at World Government Summit in Dubai

SUNNYVALE, Calif. — DigiLens Inc., a global leader in head-worn holographic smartglasses and waveguide technology, is honored to announce that CEO Chris Pickett has been invited by the Government of Dubai to speak at this year’s World Government Summit, held from February 13 to 15, on the power of virtual societies to solve the world’s greatest […]