Growth

Business

LIC International and Policybazaar.ae join hands to accelerate insurance growth

News Desk 2 12/07/2023

UAE -July 12, 2023: Leading Life Insurance provider LIC International and Policybazaar.ae, UAE’s leading insurance aggregator and a part of the PB Fintech Group (NSE:POLICYBZR) have announced a strategic partnership aimed at revolutionizing the insurance industry and delivering unparalleled

NEWS DESK GCC UAE

Demand Intelligence Tools to Ignite Growth in UAE Food Retail Sector, says CENSA CEO

News Desk 2 06/07/2023

Dubai, UAE – July 06, 2023 – CENSA, a WayCool Foods enterprise, emphasizes the pivotal role of demand intelligence tools in driving growth and success in the UAE’s food retail sector. The United Arab Emirates (UAE) food retail industry is poised for remarkable growth, presenting immense opportunities for retailers. Valued at approximately $100 billion, this

Business

HIMA records exceptional growth of incoming orders in 2022 with 12 per cent being from Middle East

News Desk 2 05/07/2023

July 5, 2023: The HIMA Group, a safety related automation solutions provider, recorded exceptional growth of incoming orders in 2022, witnessing an 18 per cent increase in incoming orders. The company expects further growth in 2023 through digitalization, internationalization, and expansion of partnerships. Jorg de la Motte, CEO of HIMA Group said: “The HIMA Group

Business

ETOILE GROUP MARKS 40TH ANNIVERSARY AND SETS OUT BUSINESS GROWTH PLANS

News Desk 2 23/06/2023

Dubai, United Arab Emirates, June 23 2023: Etoile Group, the pioneering luxury fashion retail group, has marked its 40th anniversary year by setting out its plans for strategic business growth as well as launching its new brand identity. An industry innovator which brought the first Chanel boutique to the Arabian Gulf back in 1983, today […]

Business GCC UAE

UAE participates in G20 Tourism Ministers’ Meeting

News Desk 2 22/06/2023

Abu Dhabi, 22 June 2023:  His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council, emphasised the UAE’s commitment, under the guidance and vision of its wise leadership, to actively support global endeavors in promoting sustainable tourism. HE further highlighted the UAE’s dedication to contributing to

Business GCC UAE

Connect Group continues its impressive growth in the UAE

News Desk 2 20/06/2023

United Arab Emirates, June 2023 – Since launching in 2016, Connect Group has become a force in the UAE business solutions market, helping companies thrive in this highly competitive and ever-evolving landscape. Now, Connect Group continues to build on its success with further expansion into key industry sectors and services, offering clients a full suite […]

Business

Global Wealth Conference partnership Drives Economic Growth with new $5 Billion MENA- Focused Megafund

News Desk 2 19/06/2023

Abu Dhabi, UAE, June 2023 – The Global Wealth Conference (GWC) organized by the Sovereign Wealth Fund Institute (SWFI) last week in London has emerged as a pivotal driver of investment evolution in the MENA region. Taking center stage was the announcement of a new $5 billion ‘MEGAM’ fund, a collaboration between US-based Patel Family […]

Business

Tally Solutions launches TallyPrime 3.0 to help SMEs fast-track their growth

News Desk 2 14/06/2023

Dubai, United Arab Emirates, 14 June 2023: Tally Solutions, a leading business management software provider, has announced the launch of TallyPrime 3.0. aimed at making compliance simpler and more efficient. This new release includes several powerful capabilities and enhancements which will have a significant impact on the daily operations of small and medium-sized

Tech

Accenture to Invest $3 Billion in AI to Accelerate Clients’ Reinvention

News Desk 2 14/06/2023

​ABU DHABI; June 14, 2023 – Accenture (NYSE: ACN) today announced a $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience. “There is unprecedented interest in all areas of AI, and the substantial […]

NEWS DESK GCC UAE

BNI EXPO UAE 2.0: Ignite Your Business Growth through Dynamic Connections and Collaboration!

News Desk 2 13/06/2023

13 June 2023, Dubai, United Arab Emirates: BNI® UAE, the world’s largest business networking and referral organization, is thrilled to announce the second edition of its flagship networking event, the BNI EXPO 2023. The occasion will be graced by the distinguished presence of K. Kalimuthu, Consul (Economic, Trade & Commerce) at the Consulate General of […]

Business

Al Ansari Exchange on Track to Open 15 New Branches

News Desk 2 12/06/2023

UAE – June 12, 2023 – Al Ansari Financial Services’ PJSC [DFM: ALANSARI] subsidiary, Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE today announced, after obtaining the necessary approvals, its plan to launch 15 new branches across the UAE before the end of 2023. The physical branch expansion […]

Business GCC UAE

UAE and South Korea discuss strengthening of economic & investment cooperation

News Desk 2 12/06/2023

Abu Dhabi, 12 June 2023: H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, held a bilateral meeting with H.E. Lee Young, South Korean Minister of SMEs and Startups, to explore the strengthening of cooperation in promoting entrepreneurship and supporting the growth of small and medium enterprises in the two countries’ markets. The meeting […]

Business

Musafir Business Achieves 97% Growth in the Gulf, Enters Indian Market

News Desk 2 12/06/2023

Dubai, UAE – June 12, 2023 – Musafir Business, the leading all-in-one corporate travel management platform in the region by musafir.com, has achieved a remarkable 97% increase in Gross Merchandise Volume (GMV). Surpassing pre-pandemic sales, the company is poised for a record-breaking year. Additionally, Musafir Business has successfully launched in India, a rapidly

Tech

HONOR Expands Rapidly in the Middle East as a Part of its Strategy for Overseas Growth

News Desk 2 12/06/2023

Dubai, UAE, 12 June 2023: HONOR has been actively growing its presence globally beyond its home market of China. The brand has successfully entered and gained traction in various markets around the world, expanding its reach and customer base. The global technology brand has experienced noteworthy growth in overseas markets during Q1 2023, particularly Europe, […]

Business

Demand for innovative designs surges across industries, ‘THE FITOUT’ anticipates robust growth

News Desk 2 08/06/2023

June 08, 2023 THE FITOUT, one of the leading providers of comprehensive interior solutions in the Middle East, and a subsidiary of Union Properties, has projected a substantial expansion in the region’s interior fit-out market in the coming years due to an increasing number of collaborations and developments within the sector. The company’s statement is […]

NEWS DESK

Emirates Post Group undergoes restructuring to drive growth with a vision to become the leading logistics market enabler in the UAE

News Desk 2 06/06/2023

UAE, June 6, 2023 Emirates Post Group Company (EPG) has undergone a strategic restructuring aimed at positioning itself as the logistics market enabler in the UAE. The new structure follows the organisation’s transition to a Public Joint Stock Company, fully owned by Emirates Investment Authority, which necessitated a review of its overall business operations to […]

NEWS DESK

H.E. Mariam bint Mohammed Almheiri inaugurates new headquarters of International Islamic Food Processors Association in Dubai

News Desk 2 30/05/2023

In a significant development for the global Islamic food industry, the UAE has become the new headquarters of the International Islamic Food Processors Association (IFPA), a subsidiary of the International Organisation for Islamic Food Security (IOFS) established by the founding members of the Organisation of Islamic Cooperation (OIC) in December 2020. As one of the […]

Business GCC UAE

H.E. Bin Touq: UAE-India partnership a driver for economic growth that creates trade & investment opportunities for over 3.8 billion people

News Desk 2 26/05/2023

H.E. Abdulla bin Touq Al Marri, Minister of Economy, participated in a session titled ‘Is Minilateralism the Future of Global Trade?’ as part of the annual Confederation of Indian Industry (CII) conference 2023 held in New Delhi on 24 and 25 May. The session was attended by Sanjeev Bajaj, President of CII; Chandragit Banerjee, Director […]

Logistics NEWS DESK

Shipsy sees 200-300% growth out of thriving Africa logistics market

Arnold Pinto 26/05/2023

Shipsy – a trending global smart logistics management platform provider – is eyeing 200-300% growth year-on-year in the Africa market as spiralling consumerism across the 54-nation bloc is spearheading the urgent need for logistics and supply chain providers to keep up pace by modernising their processes along international best practices. Confirming the

Business

Panasonic Accelerates Growth Strategy for FY2023 in Middle East and Africa

News Desk 2 24/05/2023

Panasonic Marketing Middle East & Africa (PMMAF) has revealed that it will accelerate its growth strategy for the MEA region.  Underpinned by the brand’s inspiring new global motto — Create Today. Enrich Tomorrow. — Panasonic laid out its plans on expanding its regional market share, eyeing double-digit revenue growth for 2023, as it continues to […]