Business

Eshraq Investments reports annual profit

News Desk 20/02/2023

Abu Dhabi, UAE; 20 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), announced its audited financial results for the full year 2022. The Company reported a net profit of AED 589.79 million in

Real Estate

Samana Developers Launches AED 320 million Mykonos

News Desk 20/02/2023

(DUBAI): Following the announcement of 12 new real estate projects, Samana Developers, the Dubai-based trendsetter real estate company, today launched first two projects – AED 320 million Santorini and Mykonos luxury residential projects in Dubai Studio City. The design and name inspiration of the new projects reflects the popular two islands in Greece –

Business

Japan International Cooperation Agency and Bank of Palestine sign agreement

News Desk 20/02/2023

Ramallah, Palestine; 20 February 2023: Japan International Cooperation Agency (JICA) and the Bank of Palestine (BOP) signed a USD$30 million Loan agreement for an Additional Tier 1 Investment in the capital of the bankfor the purpose of lending to small and medium enterprise (SME) projects. The loan is perpetual but can be converted into common […]

Tech

SANS Institute to Enhance Regional Security Awareness

News Desk 20/02/2023

Dubai, United Arabic Emirates, February 20, 2023: SANS Institute, the global leader in cybersecurity training and certifications, has announced SANS Dubai February 2023 to be held in-person at the Ritz Carlton, Dubai, from February 27 to March 4, 2023. The training event will focus on threat detection and elimination, strengthening security architecture and managing a […]

Business

Top 5 AI Stocks 2023

Middle East News 247 20/02/2023

Dubai, United Arab Emirates — Artificial intelligence (AI) has recently become a ground-breaking phenomenon, and is expected to excel amid rapid technology acceleration, giving rise to companies striving towards achieving digital supremacy. Here are 5 AI stocks which, according to Tradematics, are set to attract the spotlight: 1- Microsoft (NASDAQ: MSFT) Software giant

Education GCC UAE

Emirates Society for the Talented and Hamdan Bin Mohammed Smart University

News Desk 20/02/2023

Under the patronage and presence of H.E. Lieutenant General Dhahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai, Chairman of Emirates Society for the Talented, along with H.E. Major General Saif Al Zari Al Shamsi, Commander-in-Chief of Sharjah Police, and H.E Dr. Mansoor Al Awar, Chancellor of Hamdan Bin Mohammed Smart University […]

NEWS DESK GCC Lifestyle Sustainability UAE

Dubai Municipality launches Smart Inspection Program

News Desk 20/02/2023

Dubai Municipality has launched the Smart Inspection Program that aims to execute environmental monitoring activities in the Emirate of Dubai with high precision and efficiency as per international standard specifications. This will contribute to organizing, planning, and overseeing the environmental monitoring operations in industrial and service facilities and

Business

Next Step in CMA Exam Prep – HOCK international Launches CMA Video Streaming Service

Middle East News 247 17/02/2023

COLUMBUS, Ohio — HOCK stream is a subscription-based platform with hundreds of hours of videos that provide detailed explanations of all CMA exam topics and solve practice questions. Live office hours are held weekly by CMA experts to support subscribers. At only $29 per month, HOCK stream is an affordable study tool and supplement for all […]

Business GCC UAE

First Lady Olena Zelenska, Billie Jean King And Jessica Alba Join Speaker Line Up For Forbes’ 30/50 Summit In Abu Dhabi

Middle East News 247 17/02/2023

ABU DHABI — Forbes today has unveiled an expanded list of speakers for its second annual Forbes 30/50 Summit, which will gather generations of women from both the Forbes 30 Under 30 and 50 Over 50 franchise lists from March 7-10 during International Women’s Day. The event, which draws young super-achievers who innovate and the legends […]

Beauty Lifestyle

Pre-summer tips for healthy skin

News Desk 17/02/2023

By Dr. Mona Mady Skin is the largest organ in the human body, and it is a reflection of one’s age and health, so it is important to take care of it. Now that winter is coming to an end, residents in this part of the world need to begin preparing for the inevitable scorching […]

Tech

Nozomi Networks Expands Strategic Partnership

News Desk 17/02/2023

Dubai, United Arab Emirates – February 17, 2023 – Nozomi Networks, the leader in OT and IoT security, today announced an expanded global strategic partnership with Mandiant to help industrial and enterprise customers anticipate, diagnose and respond to IT and OT cyber threats in their critical business operations. As part of the strategic partnership, Mandiant […]

Business

Iraqi Ministry of Electricity and GE sign Principles of Cooperation

News Desk 17/02/2023

Baghdad, Iraq; February 16, 2023: Underlining its long-term commitment to support Iraq address its growing power needs and the country’s transition to a cleaner energy future, GE (NYSE: GE) has signed Principles of Cooperation (PoC) in Energy with the Ministry of Electricity (MOE), Republic of Iraq. The initiative aims to explore opportunities to increase output […]

Business

Netcracker Wins Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project

Middle East News 247 17/02/2023

WALTHAM, Mass. — Netcracker Technology announced today that it has received Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project from Telecoms.com. The awards showcase innovation and excellence in the telecommunications industry. Netcracker Digital Platform, an open, modular, digital-native solution, won the BSS/OSS Transformation

Real Estate

Al Hamra releases premium sea view villas

News Desk 16/02/2023

Ras Al Khaimah, UAE; February 16, 2023: Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, has announced the release of the remaining inventory on Falcon Island which includes the premium 4–5-bedroom standalone sea-view and 3–4-bedroom canal view villas. This comes on the heels of the successful sale of all 2 […]

Business

Iraq Stock Exchange’s trading volume grew by 227% in January

Middle East News 247 16/02/2023

Baghdad, Iraq — In January 2023, Rabee Securities Iraq Stock Exchange Index increased by 5.0% due to the increase in share prices of all companies in the index except Baghdad Soft Drinks (-6.7%), which has the largest weight in the index. Al-Mansour Pharmaceutical Industries had the highest increase among the index companies with +41.8%, followed […]

Business

Montfort and the Private Office of Sheikh Ahmed Dalmook Al Maktoum

News Desk 16/02/2023

16 February 2023: Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have agreed to jointly acquire Uniper’s United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC). The parties agreed to not disclose the agreed purchase price, and the acquisition is expected to be […]

Hospitality

FORM Hotel promotes responsible hospitality with its sustainable vision and practices

News Desk 16/02/2023

Dubai, UAE, February 2023 – After successfully meeting the sustainable requirements of DTCM, FORM Hotel, a member of Design Hotels and Marriott Bonvoy located in the prestigious Al Jaddaf neighborhood, is officially certified for Sustainable Tourism by the Government of Dubai and aims to promote responsible hospitality with its sustainable vision and ethical practices. The

Hospitality Real Estate

Dar Global awards the main works of W Residences

News Desk 16/02/2023

Dubai, UAE- 16th February 2023: DarGlobal, the luxury real estate developer, is set to begin main works on the highly anticipated W Residences and has awarded the W-Residences project construction to China State Construction Engineering Corporation -Middle East (CSCEC ME). CSCEC ME is the world’s largest transnational multidisciplinary conglomerate in civil &

Hospitality

Mazagan Beach & Golf Resort introduces comprehensive ‘Women’s Leadership Program’

News Desk 16/02/2023

Al Jadida, Morocco, 16 February 2023: Committed to establishing and developing equity in leadership, Mazagan Beach & Golf Resort launched a comprehensive training program titled Mazagan Leadership au Féminin (Mazagan Women’s Leadership). The aim of the training is to promote the leadership and practical skills for female employees in various departments and

Business GCC UAE

UAE and Romania to support investment exchanges

News Desk 16/02/2023

Abu Dhabi, 16 February 2023: H.E. Abdullah Bin Touq Al Marri, Minister of Economy, and Mircea Abrudean, Head of the Chancellery of the Romanian Prime Minister, held a meeting to explore trade and economic cooperation between the two countries in priority sectors, mainly investments. The meeting took place on the sidelines of the World Government […]