Finance

KYC/KYB spend to hit $22bn globally by 2029

Arnold Pinto 02/12/2024 0

From $9.2bn in 2024 A new study from Juniper Research reveals that non-financial businesses’ global spend on Know Your Customer (KYC) and Know Your Business (KYB) systems will surge by 140% over the next five years. From an estimated $9.2 billion in 2024, this figure is projected to climb

Lifestyle

Passengers reveal what they want at airports

Arnold Pinto 02/12/2024 0

Including convenience and digital solutions The International Air Transport Association (IATA) has unveiled the findings from its 2024 Global Passenger Survey, highlighting that passengers increasingly prioritise convenience, speed, and integrating advanced technology to improve their travel experience. The survey indicates a growing demand for digital solutions such as

Tech

WEF’s Edison Alliance accelerates global digital inclusion

Arnold Pinto 02/12/2024 0

Impacting over a billion lives The Edison Alliance, an initiative launched by the World Economic Forum (WEF), has connected over one billion people worldwide to essential digital services, including healthcare, education, and finance. This milestone has been reached ahead of the Alliance’s initial target of 2025. The programme spans over 100 countries and has united

Travel

Condor to fly from Frankfurt to 8 new European cities in 2025

Arnold Pinto 02/12/2024 0

Carrier embraces ‘leisure’ concept The German leisure airline Condor will enhance its summer 2025 flight schedule by adding eight city break destinations. Starting in the summer of 2025, the airline will operate daily flights from Frankfurt to Rome (FCO), Milan (MXP), Prague (PRG), Vienna (VIE), Zurich (ZRH), Berlin (BER), Hamburg (HAM), and Munich (MUC). These […]

Real Estate UAE

One Central project launched in Ras Al Khaimah

Dan Ngiam 01/12/2024 0

Valued at AED1 billion Pantheon Development, a prominent Dubai-based real estate developer, has launched its flagship mixed-use project, One Central, located in the heart of Ras Al Khaimah emirate in the United Arab Emirates. The launch event, held at the Coca-Cola Arena in Dubai, attracted more than 3,500 broker registrations, reflecting the growing appeal of […]

Aviation

Star Alliance is the ‘World’s Leading Airline Alliance’

Arnold Pinto 01/12/2024 Post a comment

At World Travel Awards 2024 Star Alliance has been recognised as the ‘World’s Leading Airline Alliance’ for the fifth consecutive year at the prestigious World Travel Awards. The announcement was made at a grand final gala ceremony held in Madeira, Portugal, on November 24, 2024. Earlier in 2024, during the North America edition of the […]

Telecom

Operator carrier billing revenue to near $15 billion globally by 2029

Arnold Pinto 01/12/2024 0

Growing from $9.3 billion in 2024 A new study from Juniper Research, a leading expert in telecommunications, has revealed that global operator revenue from carrier billing transactions is set to grow from $9.3 billion in 2024 to nearly $15 billion by 2029 – a rise of 59%. This substantial growth is expected to be driven […]

Health

New risks raise global pandemic threat

Dan Ngiam 30/11/2024 0

A perfect storm of vulnerabilities Recent outbreaks of diseases like the Marburg virus, Mpox, and the latest strain of avian influenza (H5N1) have highlighted the world’s vulnerability to pandemics. In 2024 alone, there have already been 17 outbreaks of dangerous diseases, each exposing cracks in the global system’s ability to prevent and respond to pandemics. […]

Health

Time alone heightens ‘threat alert’ in teenagers

Dan Ngiam 30/11/2024 0

Even when connecting online Scientists have uncovered new insights into the impact of isolation on teenagers, revealing that even brief periods of being alone can heighten sensitivity to threats. This heightened “threat alert” response, which remains even when adolescents are interacting with others online, may provide valuable clues about the rising incidence of anxiety

Tech

Know the top 10 fintech trends for 2025?

Arnold Pinto 30/11/2024 0

From Apple NFC to virtual cards Juniper Research, a leading fintech and payments specialist, has revealed the top 10 trends to transform the financial landscape in 2025. The trends highlight the industry’s rapid shifts, driven by technological advancements, changing consumer demands, and evolving regulatory landscapes. According to Nick Maynard, Juniper Research’s VP

Business

Avtar and Seramount launch 2025 Best Companies for Women in Gulf study

Arnold Pinto 30/11/2024 0

Entries close on December 15, 2024 Avtar Group, a leading global advocate for Diversity, Equity, and Inclusion (DEI) based in Chennai, India, has partnered with Seramount, a Washington DC, US-based company, to launch the 2025 edition of the Best Companies for Women in Gulf (BCWG) study. This influential benchmarking initiative aims to recognise companies across […]

Real Estate

Tarrad Development unveils Mackerel Tower in Dubai Islands

News Desk 2 29/11/2024 0

Dubai’s first 600m indoor jogging track Saeed Tarrad Development, a prominent Dubai-based real estate developer, has announced the launch of its latest innovative project, the Mackerel Tower, setting a new benchmark in luxury living. This high-end residential development, located in the prestigious Dubai Islands, offers a range of state-of-the-art amenities that

Events

Burj Khalifa’s façade gets new lighting system

News Desk 2 29/11/2024 0

Debut on December 1, 2024 Emaar Properties has unveiled an upgraded façade lighting system for the Burj Khalifa, which is currently the world’s tallest building. The spectacular lighting system will officially debut on December 1, 2024, at the start of the UAE’s Eid Al Etihad celebrations. The project also sets the stage for the landmark […]

Gitex

Middle East businesses to benefit from e& Enterprise-Cloudera partnership

News Desk 2 29/11/2024 0

Via AI, data management, and analytics e& Enterprise, a UAE-headquartered state-owned provider of transformative digital services, has selected Cloudera, a US-based global leader in hybrid data management, to boost digital transformation in the Middle East by integrating artificial intelligence (AI) and advanced data management capabilities in a rapidly evolving

Entertainment

Capital Club Dubai marks its 16th anniversary

News Desk 2 29/11/2024 0

In the heart of DIFC Capital Club Dubai, the city’s premier private business club, proudly celebrates its 16th anniversary as a cornerstone for business networking and an exclusive members’ hub in the heart of Dubai International Financial Centre (DIFC). Since opening its doors in 2009, Capital Club Dubai has established itself as a leading platform […]

Design

Tile of Spain Awards 2024 celebrate architecture and design excellence

Arnold Pinto 29/11/2024 0

Hosted by ASCER in Castellón ASCER, the Spanish Ceramic Tiles Manufacturers’ Association, hosted the 23rd edition of the Tile of Spain Awards for Architecture, Interior Design, and Master’s Thesis Projects on November 23, 2024, at the association’s headquarters in Castellón, Spain. Chaired by renowned architect Rafael de la Hoz, a distinguished jury, including architect

Defence & Security

US endorses Israel-Lebanon ceasefire pact

Dan Ngiam 28/11/2024 0

After months of hostilities A ceasefire agreement between Israel and Lebanon, brokered by US and France, has been hailed as a crucial step towards regional stability. In a statement, US Secretary of Defence Lloyd J. Austin expressed strong support for the agreement, emphasising that it benefits both Israel and Lebanon and is crucial for the […]

Sport

Lewis Hamilton experiences a commercial spaceflight training flight in Austin, Texas

Arnold Pinto 28/11/2024 0

Supported by IWC Schaffhausen Lewis Hamilton, the Mercedes-AMG Petronas F 1 Team driver, has begun his quest to be a commercial human spaceflight mission member after years of dominating the Formula 1 circuit. With the support of Swiss watchmaker IWC Schaffhausen, of which he has been a brand ambassador since 2013, his dream of going […]

Automotive Business

Defender signs car partnership with Dakar Rally

Arnold Pinto 28/11/2024 0

Beginning from the 2025 edition British automaker Defender has unveiled a meaningful partnership with the Dakar Rally, solidifying its position as the official car partner of the legendary rally event from 2025 to 2028. This partnership is a significant milestone for Defender and the Dakar Rally, marking a new era of collaboration. From 2026, Defender […]

Aviation

Emirates receives its first A350-900 from Airbus

Arnold Pinto 28/11/2024 0

As the carrier targets 400 global cities Emirates has taken delivery of its first A350-900 aircraft from Airbus in Toulouse, France, with 64 more on order. The carrier unveiled the new aircraft in Dubai on November 27, 2024. The A350 is the first new widebody aircraft type to join Emirates’ fleet since 2008. It will […]