GCC

NEWS DESK

Gulf Capital joins Abu Dhabi Sustainable Finance Declaration to support the UAE’s Green Economy for Sustainable Development initiative

News Desk 1 23/09/2024

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), formalising its commitment to a sustainable finance and investment industry in line with the UAE’s

NEWS DESK

TechBridge MEA Appointed as Channel Value Added Distributor

News Desk 1 23/09/2024

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, is excited to announce the appointment of TechBridge MEA as its authorized Channel Value Added Distributor for the GCC region. This strategic partnership is set to enhance Check Point’s regional presence and expand TechBridge’s

Automotive

Lotus Technology receives GCC homologation for Eletre and Emeya EVs

Arnold Pinto 22/09/2024 0

Region is key market for the brand Lotus Technology, a global leader in intelligent luxury mobility, has obtained local homologation certification for its Eletre (hyper-SUV) and Emeya (hyper-GT sedan) electric vehicle models in the Gulf Cooperation Council (GCC) region. The certification comes as Lotus Technology expands its footprint in a region celebrated for

Thought leadership

Building personalised career journeys with AI in the UAE and GCC region

News Desk 2 18/09/2024 0

By Sean Hinton, Founder of SkyHive Artificial intelligence (AI) is revolutionising how we work and, just as critically, how people navigate their careers. This transformation holds particular relevance for the fast-evolving labour markets of the UAE and the wider GCC region, where AI’s impact is poised to reshape the workforce in meaningful ways. AI and […]

NEWS DESK

MEA paper & pulp industry poised to cross over USD 20 billion on the back of big packaging push

News Desk 1 17/09/2024

The Middle East and Africa (MEA) paper and pulp industry is on a growth surge, poised to cross over USD 20 billion in the next six to seven years, with GCC countries led by Saudi Arabia and the UAE at the forefront of a demand upswing for paper packaging products fuelling the rise, industry experts […]

NEWS DESK

Mazagan Resort Celebrates a Successful Summer Season Welcoming Guests

News Desk 1 13/09/2024

Mazagan Beach & Golf Resort, announced the successful conclusion of an exceptional summer season, marked by a significant increase in visitors from the UAE and the broader GCC region. With guests enjoying the resort’s diverse array of activities, luxurious accommodations, and world-class amenities, Mazagan has solidified its reputation as a premier destination for

NEWS DESK

GCC can have big role in bitcoin mining’sgreen energy-driven future

News Desk 1 29/08/2024

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus on renewable energy and new technology. Abdumalik Mirakhmedov, Executive President of GDA, one of the world’s largest bitcoin mining companies in terms of hash rate, says strong government support, an abundance […]

NEWS DESK

FESPA Middle East expo returns to Dubai in 2025 after successful inaugural event

News Desk 1 27/08/2024

FESPA Middle East, which connects senior decision-makers and trade professionals with leading OEM suppliers and distributors from the print, textile and signage industry, will return to the Dubai Exhibition Centre on 20-22 January 2025 after a hugely successful inaugural event earlier this year. According to international market research company Mordor Intelligence, the

NEWS DESK

UAE’s latest home-grown brand Flava Coffee Co.

News Desk 1 26/08/2024

Flava Coffee, a Dubai-based producer of specialty roasted coffee, unique for its signature blends and coffee brewing equipment, has forayed into the UAE at a time when the food and beverage (F&B) market is experiencing robust growth. The combined coffee sales revenue in the GCC is expected to reach US$6.84 billion in 2024. Revenue generated […]

Corporate

Transworld Business Advisors expands GCC operations

Arnold Pinto 20/08/2024 0

Reinforcing growth and advisory services Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, has extended its operations in the Gulf Cooperation Council (GCC) region. The move sees West Palm Beach, Florida-headquartered Transworld, extending its services beyond the United Arab Emirates (UAE) to include Saudi Arabia, Kuwait, Bahrain,

NEWS DESK

GCC investors expected to spend more than $4bn in UK commercial property market annually: Bank of London and The Middle East report

News Desk 1 01/08/2024

Investment into UK commercial property by Gulf investors is expected to grow to more than $4bn (£3.1bn) annually, according to new research from Bank of London and The Middle East (BLME), a Sharia’a compliant bank based in London. The research finds that the UK market is heading for a once-in-a-decade economic alignment, with cuts to […]

NEWS DESK

VeraViews Partners with AIREV to Set Gold Standard for Ad Fraud Prevention in GCC

News Desk 1 01/08/2024

VeraViews, an open-ledger advertising ecosystem designed to prevent ad fraud, is proud to announce its partnership with AIREV, an AI specialist, to launch a groundbreaking initiative in the United Arab Emirates (UAE). VeraViews and AIREV will combine their expertise in Web3 and AI to tackle ad fraud, a pervasive issue in digital advertising. According to […]

NEWS DESK

Alshaya Group and Mastercard partner to drive growth of GCC’s retail sector

News Desk 2 22/07/2024

Alshaya Group, one of the leading international retail franchise operators, has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will see the launch of an Aura co-branded credit card in multiple markets over the next two years including Kuwait, Saudi Arabia, the UAE and Qatar, aims to drive growth of […]

NEWS DESK

Revolutionizing Life Sciences: Gulf Scientific Corporation Partners with Analytik Jena

News Desk 2 22/07/2024

Gulf Scientific Corporation (GSC), a leading provider of comprehensive laboratory solutions across the GCC, announced its new partnership with Analytik Jena, a renowned German developer of analytical instrumentation technology. This collaboration marks GSC’s representation of Analytik Jena in Saudi Arabia and Kuwait, a strategic expansion across the region. Analytik

NEWS DESK

RAKBANK issues first ever public Social Bond in the GCC

News Desk 2 19/07/2024

RAKBANK is pleased to announce the successful issuance of its 5-year Euro Medium-Term Note (EMTN) Bond under its Social Finance Framework. Given the very strong demand and investor interest, it was oversubscribed by more than 3X allowing us to upsize the issue to USD 600MM and tighten the pricing by 35bps to USTs + 135bps. The […]

NEWS DESK

Mazagan Beach & Golf Resort Sees Surge in Bookings from GCC and UAE Residents with New E-Visa Accessibility

News Desk 2 18/07/2024

Mazagan Beach & Golf Resort is pleased to announce a significant increase in bookings from GCC and UAE residents, following the introduction of e-visas by the Moroccan government. Effective March 4, UAE residents can now enjoy a simplified travel process to Morocco, enhancing their ability to visit the luxurious Mazagan Beach & Golf Resort. The […]

NEWS DESK

Green investment in GCC could unlock up to US$2 trillion in GDP contribution

News Desk 2 11/07/2024

Investment in green projects coupled with sustainable finance could help the GCC countries to unlock up to US$2 trillion (Dh7.3 trillion) in GDP contribution by 2030, if investment opportunities are tapped across key industries, according to a recent report by Strategy& that recommends the GCC governments to open up the region’s capital markets to help […]

NEWS DESK

EMX launches ‘EMX International’ to revolutionise GCC eCommerce delivery

News Desk 2 08/07/2024

EMX, a leading logistics provider under 7X, announced today the launch of “EMX International”, its new international solution for eCommerce parcel delivery across the Gulf Cooperation Council (GCC) region. This service is aimed at streamlining the delivery procedures for companies that are seeking to broaden their reach to customers in Saudi Arabia as well as […]

Bahrain GCC Kuwait Oman Qatar Saudi Arabia UAE

How GCC residents can apply for e-visa for 6 GCC countries

News Desk 2 08/07/2024 0

Complete guide to follow The six Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)—offer GCC-based residents a unified tourist visa/permit to streamline visa processes and enhance regional travel. This is a comprehensive guide for GCC-based residents to navigate the e-visa processes for all six GCC

Gadgets

OPPO unveils GenAI-powered smartphone pair for GCC market

Arnold Pinto 04/07/2024 0

Devices withstand drops, pressure, and water OPPO has launched its Reno12 Series of premium smartphones and TWS Enco X3i true wireless noise-cancelling earbuds for the Gulf Cooperation Council (GCC) market. The launch event was held on July 2, 2024, at the Opportunity Pavilion in Expo City, Dubai. Presentations at the launch event by Darren Chen, […]