NEWS DESK

Digital payments economy in Africa expected to reach $1.5 trillion by 2030 according to new report

News Desk 1 25/03/2025 0

Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 trillion by 2030. As a longstanding technology partner to Africa, Mastercard

NEWS DESK

World Liberty Financial Plans to Launch USD1, the Institutional-Ready Stablecoin

News Desk 1 25/03/2025 0

World Liberty Financial Inc. (“WLFI”), the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, today announced its plans to launch USD1, a stablecoin redeemable 1:1 for the US dollar (USD). WLFI’s USD1 will be 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. […]

NEWS DESK

TVS HLX Crosses 4 Million in Global Sales

News Desk 1 25/03/2025 0

TVS Motor Company (TVSM) – a leading global automaker in the two and three-wheeler segment – marked a significant milestone with the TVS HLX range crossing 4 million in global sales. Launched first in 2013 in Africa, the series has been instrumental in transforming millions of lives. It’s now sold in 57 countries across Latin […]

NEWS DESK

ExaGrid Honored with Placement in the 2025 CRN® Partner Program Guide

News Desk 1 25/03/2025 0

ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that the ExaGrid Reseller Partner Program has been honored by CRN®, a brand of The Channel Company with inclusion in the

NEWS DESK

Emirates Development Bank Launches UAE’s First AI Lab for People of Determination at Emirates Down Syndrome Association

News Desk 1 25/03/2025 0

As part of its ‘UAE Develops with Kindness’ campaign, Emirates Development Bank (EDB) has launched the nation’s first-ever AI lab dedicated to People of Determination at the Emirates Down Syndrome Association, marking a significant step in advancing healthcare and technology in the country. This pioneering initiative reflects EDB’s commitment to supporting

NEWS DESK

Boursa Kuwait confirms Mr. Bader Nasser Al-Kharafi as its Chairman

News Desk 1 25/03/2025 0

Following its 2024 General Assembly, Boursa Kuwait announced that its Board of Directors unanimously approved the formation of the new Board, appointing Mr. Bader Nasser Al-Kharafi Chairman of the Board for a three-year term spanning 2025 to 2027. Mr. Bader Abdullah Al-Kandari was named Vice Chairman for the same period. The Board of Directors extended […]

NEWS DESK

Manuka South Honored as Best Luxury Honey in New Zealand by Luxury Lifestyle Awards

News Desk 1 25/03/2025 0

Luxury Lifestyle Awards has awarded Manuka South the prestigious title of Best Luxury Honey in New Zealand. This accolade celebrates the brand’s exceptional ability to create premium, high-potency Mānuka honey while maintaining a standard of sophistication that resonates with connoisseurs worldwide. Manuka South has earned international acclaim for its dedication to

NEWS DESK

Saudi German Hospital Makkah thrives as leading destination for medical tourism in Saudi Arabia with latest TEMOS accreditation

News Desk 1 25/03/2025 0

Saudi German Hospital (SGH) Makkah received accreditation from TEMOS, marking a significant milestone in global healthcare and reinforcing the group’s status as a premier destination for medical tourism in KSA. The TEMOS accreditation validates SGH Makkah’s excellence in promoting medical tourism and international patient care, driven by its state-of-the-art facilities and

NEWS DESK

Baseball United Announces Schedule for Historic First Season

News Desk 1 25/03/2025 0

Baseball United, the first professional baseball league focused on the Middle East and Indian Subcontinent, announced today the official dates and schedule for its debut season. The league’s first season will run from November 14th to December 14th, with all games played at Baseball United Ballpark in Dubai. After making history with three signature baseball […]

NEWS DESK

Mohammed bin Rashid Al Maktoum Knowledge Foundation launches ‘KnowTalks’ series 2025

News Desk 1 25/03/2025 0

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), in collaboration with the United Nations Development Programme (UNDP), launched the 2025 edition of the ‘KnowTalks’ series to enhance the production, dissemination, and sustainability of knowledge. Building on the success of the Knowledge Summit, the region’s premier knowledge event organized annually by the

NEWS DESK

Family Development Foundation celebrates Zayed Humanitarian Day along with members of Emirates Humanitarian City

News Desk 1 25/03/2025 0

The Family Development Foundation (FDF) reaffirmed its commitment to promoting humanitarian values by celebrating the Zayed Humanitarian Day with members of the Emirates Humanitarian City, in honour of the founding father, late Sheikh Zayed bin Sultan Al Nahyan. The occasion reaffirmed FDF’s commitment to upholding the philanthropic and humanitarian legacy he

NEWS DESK

Trend Micro Predicts Rise of Deepfake-Powered Malicious Digital Twins

News Desk 1 25/03/2025 0

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has unveiled its 2025 cybersecurity predictions report, titled, The Easy Way In/Out: Securing The Artificial Future. The report highlights a surge in AI-powered attacks and the emergence of hyper-personalized, deepfake-driven threats. As cybercrime is projected to cost over $10 trillion in

NEWS DESK

India expands its presence at ATM as nation’s outbound tourism market is projected to reach USD55bn by 2034

News Desk 1 25/03/2025 0

India’s tourism industry is experiencing notable growth, fuelled by rising disposable incomes, a widening middle class and improved global connectivity. Reflecting the country’s growing influence in international travel and hospitality, India’s inbound and outbound offerings will be in focus during the forthcoming edition of Arabian Travel Market (ATM), which takes place

NEWS DESK

Teledyne FLIR at Middle East Energy 2025

News Desk 1 25/03/2025 0

Cutting energy costs, reducing loss, and downtime, Teledyne FLIR, is all set to showcase their Electric Utility Solutions product portfolio at Middle East Energy 2025 scheduled from 7 – 9 April 2025 at the Dubai World Trade Centre, stand H4.E30. Teledyne FLIR will showcase energy-saving solutions such as Industrial Acoustic Imaging Camera, Handheld Thermal Cameras,

NEWS DESK

Positive Technologies helps fix a vulnerability in Veeam Service Provider Console

News Desk 1 25/03/2025 0

Backup solutions vendor Veeam Software eliminated a vulnerability in Veeam Service Provider Console, a management platform used by backup and disaster recovery service providers. The security flaw CVE-2024-45206 (BDU:2024-1170) was discovered by PT SWARM expert Nikita Petrov. The vendor was notified of the threat in line with the responsible disclosure policy and has

NEWS DESK

Gold Hits Record Highs Amid Inflation Fears; US Equities Face Volatility with Tech Sector Declines –  Saxo Bank MENA

News Desk 1 25/03/2025 0

Commodities Gold set multiple new records, peaking above $3,055/oz on Mar 19, driven by inflation fears and geopolitical tensions. Copper surged above $5.20/lb on Mar 19, influenced by tariff-driven supply disruptions. Crude fluctuated, impacted by Middle East tensions and sanctions risks, trading near $70/bbl late week. Equities Digital Assets Bitcoin fluctuated around

NEWS DESK

World Water Day: Trinasolar’s Way to Finding Harmony Between Solar Energy and Water

News Desk 1 25/03/2025 0

World Water Day serves as a global reminder of the importance of water resources. As a member of the United Nations Global Compact, Trinasolar is set to celebrate its achievements in water conservation as well as the solar industry’s progress in environmental protection. Guided by the SOLAR sustainability management concept, Trinasolar dedicates itself to making […]

NEWS DESK

ELEVATE YOUR EID AND GIVE THE GIFT OF LG’S IMMERSIVE ENTERTAINMENT AND GAMING POWER

News Desk 1 25/03/2025 0

LG Electronics (LG) is proving a one-stop shop for Eid gifts this year offering a curated selection of premium products designed to enhance the festive season and beyond. Boasting the perfect blend of technology and lifestyle, LG ensures there’s something for everyone on your Eid gift list. Leading the charge is the LG UltraGear OLED gaming […]

NEWS DESK

Dubai Chamber of Commerce announces the issuance and processing of 5,357 ATA Carnets for goods worth AED 4.3 billion during 2024

News Desk 1 25/03/2025 0

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that a total of 5,357 ATA Carnets were issued and received during 2024 for goods and commodities valued at AED 4.3 billion. These figures reflect the steady momentum behind Dubai’s exhibitions, conferences, and events sector, to which […]

NEWS DESK

Innovation Capacity Building Program Concluded Successfully by Siemens Healthineers in Saudi Arabia

News Desk 1 25/03/2025 0

The Innovation Capacity Building Program, conducted by Siemens Healthineers through its Regional Headquarters (RHQ) in Saudi Arabia, has successfully concluded. Held from February 5-20, 2025, the program aimed to strengthen local expertise and foster strategic collaborations with universities, hospitals, startups, and key stakeholders such as Monshaat. Bringing together 40