Business GCC UAE

YAS ISLAND, ABU DHABI MESMERIZED BY IIFA 2023!

Middle East News 247 15/06/2023

Abu Dhabi, United Arab Emirates — Yas Island in Abu Dhabi was on fire with an extraordinary display of glitz, glamour, and pulsating energy as the 2023 Sobha IIFA Weekend got underway. There was an unprecedented turnout of celebrities ready to bring the magic of the 23rd edition of IIFA alive

Business Finance NEWS DESK

Loans stay affordable, no price hike as US Fed hits ‘pause’ on rate hike

News Editor 2 15/06/2023

UAE consumers and businesses have got a break from paying extra on their loans with the US Federal Reserve not raising the interest at its meeting today (June 14). This puts a pause on rate hikes after 10 increases since March 2022 – and which have been matched by the UAE Central Bank given the […]

Business

FAMCO Launches the First-ever Heavy-duty Electric Truck Range in the Middle East by Volvo

Middle East News 247 15/06/2023

DUBAI, United Arab Emirates — FAMCO proudly announced the launch of the first-ever heavy-duty electric truck in the Middle East, solidifying their position as pioneers in the market and their commitment to sustainable solutions in transportation. This groundbreaking achievement by FAMCO represents a significant stride towards reducing transportation-related emissions to

Business Finance GCC NEWS DESK UAE

Avoid fines: Deadline extended for UAE mandatory job loss insurance

News Editor 2 15/06/2023

The Ministry of Human Resources and Emiratisation (MohRE) has extended the deadline for imposing fines on non- subscribers to the Unemployment Insurance Scheme from July 1 to October 1. According to the ministry, employees have to mandatorily subscribe to the scheme, and failure to do so will result in a Dh400 fine. It is mandatory that […]

Tech GCC UAE

Over 75% of IT Leaders in the UAE Say Their Digital Infrastructure Is Prepared to Accommodate Coveted AI Technology

News Desk 15/06/2023

DUBAI, United Arab Emirates. – June 15, 2023 – More than three out of four IT leaders surveyed in the UAE (77%) say their existing IT infrastructure is prepared for the demands of artificial intelligence (AI) technology, as the country experiences widespread adoption across industries, according to the Equinix 2023 Global Tech Trends Survey. The […]

Education

Aspen Heights British School empowers and connects school counsellors

News Desk 15/06/2023

Abu Dhabi (UAE) – 15 June 2023: Aspen Heights British School, part of International School Partnership (ISP), in collaboration with Abu Dhabi School Counsellor’s Network (ADSCN), recently organised and hosted an event that sought to empower and connect school counsellors across the UAE to support wellbeing of the student community. The ADSCN network provides a

Business

WEALTH FUNDS LIKELY TO INCREASE AFRICA INVESTMENTS

News Desk 15/06/2023

Dubai, United Arab Emirates – 15 June, 2023:  Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from […]

Business

MENA Leisure and Amusement industry’s accelerating its march towards net zero

Middle East News 247 15/06/2023

Dubai, United Arab Emirates — In their march towards net zero government entities, policymakers and private institutions across the MENA region are putting in concerted efforts to build a robust sustainability roadmap. It is crucial to note that tourism-related activities account for approximately 8% of global carbon emissions, therein necessitating focused attention

Travel Lifestyle

Two Sun Siyam Resorts have been recognized with a Tripadvisor 2023

News Desk 15/06/2023

Male, June 15th, 2023: With five resorts dotted across the Maldives, and one soon to reopen in Sri Lanka, Sun Siyam Resorts is proud to announce that two properties of the groups’ portfolio have been recognized with a Tripadvisor 2023 Travelers’ Choice® Best of the Best Hotel Award. Barefoot boutique luxury and spa resortSun Siyam […]

Business GCC Saudi Arabia

Saudi Fund for Development Signs Two Development Loan Agreements Worth $150 Million in Guyana

Middle East News 247 15/06/2023

Georgetown, Guyana — In implementation of the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and HRH Crown Prince and Prime Minister, Mohammed bin Salman; and in the presence of H.E. President of the Co-operative Republic of Guyana, Dr. Mohamed Irfaan Ali; the Saudi Fund for Development (SFD) Chief Executive […]

Business GCC Saudi Arabia

Saudi Fund for Development Chairman Signs Three Loan Agreements with Small Island Developing States Worth $61 Million

Middle East News 247 15/06/2023

Riyadh, Saudi Arabia — In implementation of the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and HRH Crown Prince and Prime Minister, Mohammed bin Salman; the Saudi Fund for Development (SFD) Board of Directors Chairman, H.E. Ahmed Al Khateeb, recently signed three development loan agreements worth $61 million with […]

Business

Thumbay Institute/College of Artificial Intelligence & Technology in Healthcare launched at GMU

Middle East News 247 15/06/2023

Ajman, United Arab Emirates — The newly launched Thumbay Institute/college at Gulf Medical University marks a revolutionary milestone as it becomes the first-of-its kind in the Middle East to specialize adoption of artificial intelligence to transform the medical education landscape, thus opening new avenues for research, education, healthcare delivery, innovation, and

Lifestyle

Habtoor Grand Resort, Autograph Collection In Collaboration With NINA’s Marie-Antoinette

News Desk 15/06/2023

UAE, Dubai, June 2023 – Habtoor Grand Resort, Autograph Collection, a luxurious hotel located in the pristine Jumeirah Beach, is proud to announce its partnership with renowned tea connoisseurs, NINA’s Marie-Antoinette, to present an exquisite and authentic Afternoon Tea experience at Acacia Lounge. Drawing inspiration from the iconic NINA’s Marie-Antoinette and her

Business

DMS Joins Forces with Footballco, Pioneering Innovative Football Content Solutions in MENA

Middle East News 247 14/06/2023

Dubai, United Arab Emirates — Digital Media Services (DMS), the digital arm of Choueiri Group has been appointed as the Exclusive Media Representatives for global football content and media business, Footballco which is home to the two most popular digital football media brands in MENA, Kooora and GOAL. DMS, alongside Footballco’s Dubai-based commercial team, will […]

Business

Ministry of Economy & Amazon Web Services to support digitization & growth of SMEs in UAE

News Desk 14/06/2023

Abu Dhabi, 14 June 2023:  The Ministry of Economy, represented by The Entrepreneurial Nation, and Amazon Web Services launched the AWS Connected Community initiative to support the digitization of SMEs in the UAE. The initiative is based on the latest cloud computing solutions and products, taking advantage of more than 200 services of the Amazon […]

Hospitality GCC UAE

Celebrate Father’s Day at Novotel Dubai Al Barsha

News Desk 14/06/2023

Dubai, United Arab Emirates, June 2023: Novotel Dubai Al Barsha, located in the heart of Dubai, is thrilled to announce that its in-house café, Café Java, will offer a free cup of coffee to all fathers on UAE’s Father’s Day celebrated on 21st June.   To claim their free coffee, all dads need to do […]

Hospitality

Experience Unforgettable Eid Celebrations at InterContinental Hotels at Dubai Festival City

News Desk 14/06/2023

Dubai, UAE, 14 June 2023 – Prepare for an extraordinary Eid Al Adha experience at InterContinental Hotels at Dubai Festival City. Get ready to immerse yourself in a world of leisure, luxury, and cherished moments with your loved ones. “This summer, as families embrace the joyous Eid Al Adha holidays, InterContinental Hotels at Dubai Festival […]

Business

Sanofi signs MoU with The First Women’s Charity Association “Al Oula”

News Desk 14/06/2023

Jeddah, KSA, 14 June, 2023: Reinforcing its commitment to shaping a better quality of life for people and communities around the Gulf region, Sanofi has signed a Memorandum of Understanding (MoU) with Al Oula, the first charitable organization established in Saudi Arabia, to support vulnerable communities in the Kingdom. The MoU comes in line with […]

Business

Tally Solutions launches TallyPrime 3.0 to help SMEs fast-track their growth

News Desk 14/06/2023

Dubai, United Arab Emirates, 14 June 2023: Tally Solutions, a leading business management software provider, has announced the launch of TallyPrime 3.0. aimed at making compliance simpler and more efficient. This new release includes several powerful capabilities and enhancements which will have a significant impact on the daily operations of small and medium-sized

Tech

ChromeLoader malware campaign punishes pirating users, HP warns

News Desk 14/06/2023

Dubai, UAE, June 14, 2023 – HP Inc. (NYSE: HPQ) today issued its quarterly HP Wolf Security Threat Insights Report, showing threat actors are hijacking users’ Chrome browsers if they try to download popular movies or video games from pirating websites. By isolating threats that have evaded detection tools on PCs, HP Wolf Security has […]