Real Estate

Danube Properties launches and sells out five projects

News Desk 14/02/2023

Danube Properties, the fastest-growing private real estate developer in the UAE, has sold out the first of the two towers within the Dh1.4 billion Viewz by Danube Properties, within two weeks of launching the project in January 2023. The company, which last year launched five projects – Pearlz,

Tech

Hitachi Energy’s innovative technology supports Egypt’s grid expansion

News Desk 14/02/2023

Dubai – February 14, 2023: Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has placed in service its state-of-the-art power quality solution, SVC Light®, to improve grid stability and expand transmission capacity in the strategic Owainat development area in southwest Egypt, where desert wasteland

Business

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

Middle East News 247 14/02/2023

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 […]

Education GCC UAE

HE Sara Musallam, Minister of State for Early Education, Chairwoman of Abu Dhabi Department of Education and Knowledge, receives tour of Zayed University’s Abu Dhabi campus

Yhuan Mae 14/02/2023

Her Excellency Noura bint Mohammad Al Kaabi, President of Zayed University (ZU), Minister of State, received HE Sara Musallam, Minister of State for Early Education, Chairwoman of Abu Dhabi Department of Education and Knowledge (ADEK), and an accompanying delegation from ADEK to ZU’s Abu Dhabi campus. The visit included a welcome session where HE Sara Musallam

Hospitality

Mediterranean inspired ‘THE DECK’, second restaurant of the virgin radio star Big Rossi opens

News Desk 14/02/2023

Dubai, UAE: With a history of two Michelin stars restaurant and a 7-star hotel, team Opxe Investment LLC come to share their experience with radio star Big Rossi and a team of passionate people in Dubai by adding The Deck, a vibrant environment friendly beachfront dining restaurant to its diverse dining portfolio.  The Deck has […]

Business

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

Middle East News 247 13/02/2023

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

News Desk 13/02/2023

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

News Desk 13/02/2023

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 […]

Food & Beverage GCC UAE

HAKKASAN ABU DHABI UNVEILS VALENTINE’S DAY MENU

News Desk 13/02/2023

Abu Dhabi, UAE,  February 2023: Hakkasan Abu Dhabi, the newly awardedMichelin-starred Cantonese restaurant, is set to treat couples to a culinary journey of indulgence this Valentine’s Day. The specially curated menu, priced at AED 498 per person, for bookings of two or more, features an array of dishes and Cantonese flavours that are sure to […]

Real Estate GCC UAE

Espace Real Estate Deciphers Cost Behind Buying vs Renting in Dubai

Justin Froes 13/02/2023

John Lyons, Managing Director of Espace Real Estate says, “Dubai’s residential rents and transactions reached a record high in 2022, particularly in some of the core areas across Dubai which saw many moving to neighbourhoods they would’ve never considered a couple of years ago. Average apartment rents increased by 27%, and average villa rents rose over 24% which has led

Tech

Technology advancements are increasing projects in GCC

News Desk 13/02/2023

February 13, 2023 Trimble (NASDAQ: TRMB), a leader in construction technology, revealed that most projects and developments across the GCC region, today, employ various cutting-edge technologies, highlighting the growing trend in the use of these technologies across different fields of construction. This comes as a result of GCC countries seeking to advance the

Hospitality

The Residences at Mandarin Oriental receives Integrated Tourism Complex Status

News Desk 13/02/2023

Muscat, February 13, 2023 – Eagle Hills Muscat, a partnership between Eagle Hills and Izz International, announced that Oman’s first luxury branded residences, The Residences at Mandarin Oriental, has been approved as an Integrated Tourism Complex (ITC). ITCs are opening up Oman’s real estate sector, as they allow foreign investors to own freehold property and […]

Business

Del Monte Returns to Gulfood 2023

Middle East News 247 13/02/2023

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

News Desk 13/02/2023

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

Shell’s Record Profits for 2022 to Drive Stock Prices Up in 2023?

News Desk 13/02/2023

While most companies struggled with their stock market performance in 2022, oil and energy stocks significantly outperformed the wider market, as their prices steadily increased, leading to all-time-high profits as reported by many oil giants, including London-based multinational oil and gas company, Shell. With Earnings Season approaching, FOREX.com’s seasoned analysts

Business

Phil McDermott Appointed co-CEO of REVIV a Global Leader in IV Therapy

Middle East News 247 13/02/2023

LONDON — REVIV Global, a world leading IV Drip Therapy company, today announces the appointment of Phil McDermott as co-CEO. With over 15 years of tech industry experience, McDermott joins REVIV to steer its growth and propel the advancement of its technology for personalized and precision nutrition. On this key appointment REVIV CEO and Founder, […]

NEWS DESK Entertainment Lifestyle

Snap Inc. partners with MBC Media Solutions

News Desk 13/02/2023

Middle East, 13 February 2023: Snap Inc. have announced its exclusive partnership with MBC Media Solutions (MMS), the commercial arm of MBC Group, to launch new augmented reality (AR) lenses for the first ever season of Saudi Idol – the localized edition of its global franchise. Available on the visual messaging app, the all new […]

Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

News Desk 13/02/2023

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

Middle East News 247 13/02/2023

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, […]

Food & Beverage

Discover Europe Treasures meets regional spices traders as it debuts in U.A.E. to spice up local cuisine

News Desk 13/02/2023

An exclusive promotion to showcase the use and benefits of European products, Krokos Kozanis PDO and Magiun de prune Topoloveni PGI – two of the most sought-after European spices, was announced to take place from December 15th to December 25th at several supermarkets in Dubai Emirate. The European Union is a key partner for U.A.E […]