GURUGRAM, Haryana, India — MobiKwik, a digital banking platform, has announced that it ended FY 2022-23 with USD 68.3 million in revenue and became profitable from Q4 FY 2022-23. Its contribution margin rose to USD 20.7 million as compared to USD 5.1 million in FY 2021-22, nearly 304% Y-o-Y
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May 11, 2023- Arab companies brought by the Arab Brazilian Chamber of Commerce (ABCC) to the Apas Show, for the last five years, will have a more diverse profile this year than last. The largest food and beverage trade show in Latin America and the world’s largest supermarket event will be held from May 15 […]
Dubai, United Arab Emirates – 11 May 2023 – A new report by Freshworks Inc. (NASDAQ: FRSH), today revealed a surprising juxtaposition for IT teams in the UAE. While on average, IT service requests from employees in the country are resolved 20% faster than the global average, when it came to the employee satisfaction[1], the […]
Riyadh, Saudi Arabia, 10 May 2023 — Ash & Maple Management (A&M), a leading global management consulting firm, is delighted to announce its strategic alliance with LocalEyes, a distinguished Local Content and Economic Participation consulting firm headquartered in Riyadh, Saudi Arabia. A&M, a Zurich-based global management consulting firm, addresses
Doha, Qatar – May 11, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual “State of Ransomware 2023” report, which found that in 76% of ransomware attacks against surveyed organizations, adversaries succeeded in encrypting data. This is the highest rate of data encryption from ransomware since […]
Ideally situated just 25 minutes from the Prince Mohammed Bin Abdulaziz International Airport, Elaf Al Taqwa Hotel Madina is a family hotel in the heart of Islamic culture and civilization, Madina. The Luxury Lifestyles Awards winner for Best Luxury Family Hotel in Saudi Arabia in 2023 provides guests with a once-in-a-lifetime spiritual experience. Each room in the
SALT LAKE CITY and TORONTO and MONTRÉAL — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of -omics
Dubai: 10 May, 2023: Today, Zoho Corp., a leading global technology company, launched Ulaa, a privacy-centred browser built specifically to help users secure their personal data and activity by providing a browser solution that universally blocks tracking and website surveillance. According to Norton, 85% of global adults want to do more to protect their online […]
Dubai, UAE, May 10, 2023: GMG, a global well-being company operating leading brands across sport, everyday goods, health and beauty, properties, and logistics sectors, has committed to plant over 1,000 Ghaf trees as a part of its sustainability strategy as the UAE celebrates the Year of Sustainability. Over 100 employees came together to kick off […]
DUBAI – May 10, 2023: Hotpack, the UAE-based global leader in disposable packaging products manufacturing, has signed an agreement with Maxbyte, an industrial digital, robotics, and training solutions provider to digitize all 15 of its factories in the UAE and other countries. With the contract, Maxbyte will work as a strategic partner to help Hotpack […]
Riyadh, Saudi Arabia; May 10, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a second licensed agreement with Hasbro, Inc. a global branded entertainment leader. Under the agreement, SEVEN will bring the Transformers brand to its entertainment destinations in the Kingdom of Saudi Arabia. The agreement
Abu Dhabi, United Arab Emirates, 10 May 2023: Emirates Development Bank (“EDB” or “the Bank”), a key financial engine of the UAE’s economic development and industrial advancement, underlined its commitment to the UAE’s sustainable development agenda and to support the UAE’s Strategic Net Zero by 2050 Initiative after adding ‘Renewables’ to its
Dubai, 10 May 2023– There’s no doubt that 2023 has been lively so far. Equity and commodity traders were quick to rejoice on news of China’s reopening in early January, whilst Yen traders were treated to an out-of-meeting policy adjustment which gave currency markets a jolt. And whilst geopolitical tensions have somewhat receded, they have […]
Dubai, United Arab Emirates, May 10, 2023: Nexans Telecom Systems business unit, a supplier of end-to-end telecom and data network infrastructure solutions, will be participating at Dubai ICT Conference and Expo (DICE), a BICSI endorsed event, which is scheduled to take place in Dubai from 16 to 18 May 2023. The event aims to convene […]
Cloudera survey reveals Middle East’s progress towards data optimisation and cloud adoption Dubai, United Arab Emirates – 10th May 2023: A new EMEA survey report byCloudera, the hybrid data cloud company, revealed that organisations in the Middle East embrace the public cloud as 71% already use the public cloud and 86% plan to move more […]
UAE, DUBAI, MAY 10, 2023 – Japanese urban eatery, YUi in Dubai Design District has introduced a new mouthwatering selection of yakitori to its menu, using a range of high-quality ingredients including 100% hormone-free halal chicken sourced from handpicked farms in the UAE. To ensure an authentic, true-in-taste dish, YUi’s new speciality yakitori grill was […]
Abu Dhabi, UAE; 10 May 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), has announced its Q1 2023 financial results. The Company recorded a gross profit of AED 8.3 million for the first quarter of 2023 as compared to a gross profit of AED 7.9 million for the […]
Dubai, UAE, May 2023 – AWAY Spa at W Dubai the Palm, the premier luxury spa destination, has recently launched new treatments to provide guests with quality relaxation experiences. The treatments are designed to promote physical and mental wellbeing, ensuring guests leave the spa feeling rejuvenated and refreshed. One of the most exciting additions to […]
Riyadh, KSA – 10 May 2023: Rotana, one of the leading hotel management companies in the region with over 100 properties across the Middle East, Africa, Eastern Europe and Türkiye, today announced its ambitious pipeline across the Kingdom of Saudi Arabia at the Future Hospitality Summit (FHS) 2023, signing four “Edge by Rotana” and one […]
Abu Dhabi, United Arab Emirates; 10 May 2023: Al Qana’s Pixoul Gaming, the Middle East’s first integrated and immersive VR entertainment destination and Esports Academy, is the official venue partner for the 2023 MPL MENA Spring Split Playoffs hosted by MOONTON Games, publisher and developer of Mobile Legends: Bang Bang, the biggest mobile multiplayer online





























