Business GCC Saudi Arabia

Saudi Arabia Launches A New Platform To Educate Its Justice Ministry Workers About Cybersecurity

News Editor 10/01/2023

The Saudi Ministry of Justice has created Masoul (Responsible) to train its employees on cybersecurity and foster a culture of accountability. The government described the platform as an accessible learning resource full of helpful tutorials on cyber security. They elaborated that it provides

Business GCC NEWS DESK UAE

‘World of Coffee Dubai 2023’ kicks off tomorrow at Dubai World Trade Centre

News Desk 10/01/2023

Dubai, January 10, 2023 – World of Coffee Dubai 2023, organised by DXB LIVE, the integrated event management and organisation service provider of the Dubai World Trade Centre, and the Specialty Coffee Association, will kick off tomorrow on January 11, 2023, with participation of about 10,000 experts and professionals and more than 1,500 international,

Business

Orient Finance enhances crypto trading experiences for investors amid positive market conditions

News Desk 10/01/2023

January 10, 2023 Orient Finance, a leading and trusted ‘Global Investment Partner’ institution in the UAE, has extended their crypto services by providing investors with access to a wide variety of crypto assets that are traded through Orient Finance as CFDs. These crypto assets include Bitcoin, Ethereum, Lite Coin, Ripple, Stellar, Cardano and much more. […]

Business

Kia extends Australian Open partnership to 2028

News Desk 10/01/2023

(Dubai, United Arab Emirates) January 10, 2023 – Kia Corporation has extended its support of the Australian Open to 2028, continuing the brand’s highly successful partnership with the prestigious tennis Grand Slam event that first began in 2002. At the Australian Open 2023 (“AO23”), Kia will highlight its vision for and commitment to sustainable mobility, […]

Business

Rimkus Announces Chief Executive Officer Transition Plans

Middle East News 247 10/01/2023

HOUSTON: Rimkus, a worldwide provider of engineering and technical consulting services, today announced strategic updates to the company’s senior leadership team. After more than 25 years at Rimkus, Robert “Bob” Kocher has retired as President and Chief Executive Officer and assumed a new role as Vice Chair on the Board of Directors. Succeeding Kocher as President

Business

Emirates Leisure Retail (ELR) implements price reductions across Dubai outlets following the removal of the 30% municipality tax

News Desk 09/01/2023

9 January 2023, Dubai, UAE: Emirates Leisure Retail (ELR), has implemented a reduction on its bar menu prices across all Mr. Toads Pub and Kitchen outlets located in Premier Inn Hotels across Dubai as well as Seafarers Bar and Kitchen Jafza.The move was made as a response to the recent directives from the Government of […]

Real Estate Business

Strong growth of GCC economies fuels global real estate investments

News Desk 09/01/2023

Dubai, January 9, 2023: With economies in the Gulf Cooperation Council (GCC) expected to be relative global outperformers in 2022 and 2023, regional investors’ appetite for global real estate investment opportunities is likely to grow, according to JLL’s latest ‘The Resurgence of Outbound Real Estate Investment from the GCC’ report. The challenges posed by spiraling

Business

PowerSchool Accelerates International Expansion with Plans to Open First Middle East & Africa Office

Middle East News 247 09/01/2023

FOLSOM, Calif. — PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, announced its accelerated international expansion plans to open its first Middle East & Africa (MEA) Office in Dubai, United Arab Emirates (UAE). The UAE office will serve PowerSchool’s extensive and growing customer base in the MEA

Business

Beyond Technology partners with Infinera to successfully deploy multi-terabit network to support bandwidth demand during FIFA World Cup 2022

News Desk 09/01/2023

January 9, 2023 – Dubai, UAE – Beyond Technology, a global player in technology transformation, and Infinera successfully deployed a 3.6 Terabit network for a leading Middle East network operator to support the upsurge in global and local demand for the 2022 FIFA World Cup. Leveraging Infinera’s industry leading ICE6 800G technology and installed in record […]

NEWS DESK Business

Artificial Intelligence (AI) to drive growth for healthcare sector in the UAE says Al Tamimi Investments

News Desk 06/01/2023

Dubai, UAE, 6 January 2023: The global healthcare industry is expected to grow by $563.59 billion during 2023-2027, accelerating at a CAGR of 25.8% during the forecast period. Healthcare market opportunities, especially new hospital projects in the Middle East and Africa region are also set to grow to $68.8 billion in the coming year. “The […]

Business

Chinese-Arab Relations in Ten Remarkable Projects

Middle East News 247 05/01/2023

DUBAI, United Arab Emirates — Documented in ten dynamic five-minute episodes, “Bridges of Love” features projects in both the UAE and the KSA. The series starts with the cultural and natural revival of Al Ula governorate in the KSA and concludes with the Mohamed Bin Rashid al Maktoum solar park in Dubai. Featuring prominent Emirati’s […]

Business

Iristel Furthers Global Expansion with Service Introduction in Kenya

Middle East News 247 05/01/2023

MARKHAM, Ontario — Iristel, a global telecommunications service provider, announced today its expansion into Kenya. This expansion provides Iristel a presence in Africa, as it looks to expand its wide range of communications solutions to new emerging markets. Company CEO Samer Bishay @SBishayIRIS states: “Today is an exciting day as we are pleased to bring […]

Business GCC UAE

Sporty and Dynamic: GAC MOTOR EMPOW Sedan Launches in UAE

Middle East News 247 05/01/2023

GUANGZHOU, China — On December 21, 2022, GAC MOTOR UAE hosted the brand’s first official launch ceremony for the EMPOW, a unique, sporty sedan that represents a bold new era for the Chinese auto maker. Setting on an ambitious path to build a world-class brand, GAC MOTOR has been continuously rolling out proven performers equipped […]

Business

Hevolution Foundation Appoints William Greene, MD as Chief Investment Officer

Middle East News 247 05/01/2023

RIYADH, Saudi Arabia — Hevolution Foundation, a non-profit organization that provides grants and early-stage investments to incentivize research and entrepreneurship in healthspan science, has appointed William Greene, MD, as Chief Investment Officer (CIO). As CIO, Dr Greene will oversee all aspects of Hevolution Foundation’s investment strategy, planning, analysis,

Business GCC UAE

Al Ansari Exchange and Dubai Insurance partner to facilitate subscription to the Involuntary Loss of Employment Insurance Scheme

News Desk 05/01/2023

UAE, Dubai – 05 January 2023: Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, signed a strategic partnership with Dubai Insurance, the leader and administrator of the insurance pool, to facilitate the collection of the Involuntary Loss of Employment Insurance Scheme (ILOE) subscriptions. Through this partnership, Al Ansari

Business

Republic of Guinea Unveils New Country Branding with Nimba as National Symbol of Plenty and Good Tidings

Middle East News 247 05/01/2023

Conakry, Republic of Guinea — In an iconoclastic makeover, the Republic of Guinea unveiled a new country brand identity to showcase a new perspective of the nation to the world as the `source’ of great beginnings for West Africa, symbolized by the Nimba, the most loved Goddess, icon of good tidings. The country’s brand identity […]

Business

International Vertical Marathon Runs Safely with Hytera PoC Devices

Middle East News 247 05/01/2023

SHENZHEN, China — Hytera Communications (SZSE: 002583), a leading global manufacturer of professional communications technologies and solutions, provided Push-to-talk over Cellular (PoC) devices for the organizer staff, medical, and support teams during the 2022 Ping An Finance Center (PAFC) International Vertical Marathon Master. The PoC devices kept all the

Business GCC Tech UAE

Abu Dhabi Islamic Bank Awarded For Excellence In Digital Adoption By Blockchain-Powered E-Marketplace TradeAssets

News Editor 04/01/2023

Recently, TradeAssets presented the e-Marketplace Champion Award to the Abu Dhabi Islamic Bank. The award was for its great use of digital technology. TradeAssets is a blockchain technology e-Marketplace for trade finance. Together with ADIB, it was one of the first organizations to use blockchain technology to make trade finance distribution deals happen last year.  […]

Business

REM People Raises US$12M Investment from Ethos

Middle East News 247 04/01/2023

DUBAI — USA-based project finance and investment company Ethos Asset Management has announced a new partnership with REM People through a US$ 12 million investment. REM People will use these funds to expand their international network to 24 offices and to reward employees with bonuses, with the eventual goal of sharing 10% of company shares […]

Business

Hytera to Commence 30th Anniversary with First Round of New Product Releases in 2023

Middle East News 247 04/01/2023

SHENZHEN, China — Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, today announced the commencement of its 30th anniversary with the first round of new products launching in 2023. Two new models from the Digital Mobile Radio (DMR) and Body Worn Camera product lines will be