Investments

NEWS DESK

Russia continuing to hold its leading positions in the international arena

News Desk 1 31/12/2024 0

Russia is actively taking up leadership in international rankings, and its role in establishing conditions for innovation development is most noticeable. Sanctions, withdrawal of foreign partners, departure of wealthy people have not dented this country’s economy in any way. The key

NEWS DESK

Hitachi Energy advances predictability of energy investments forecasting with new AI-powered solution

News Desk 1 13/11/2024 0

Hitachi Energy has launched a new artificial intelligence (AI)-powered energy forecasting solution, Nostradamus AI. Developed using Hitachi Energy’s deep energy industry expertise, Nostradamus AI leverages the company’s 30 years of the most extensive energy market data to provide utilities, power system operators, energy producers, and traders with highly precise forecasts

NEWS DESK

UAE Real Estate Poised for Potential Growth as Trump’s Return Influences Global Investment Trends

News Desk 1 11/11/2024 0

The recent US election outcome, which saw Donald Trump elected as the 47th President, has already begun stirring up global markets, creating new opportunities and challenges across international real estate landscapes. For the UAE, particularly Dubai and Abu Dhabi, the influence of Trump’s administration could introduce dynamic shifts and potential growth within the real

NEWS DESK

Deem Finance Becomes the First Employer to Enroll in Daman Investments’ End of Service Program

News Desk 1 29/10/2024 0

Deem Finance, a UAE-based, digitally-driven financial services provider, is pleased to announce a pioneering collaboration with Daman Investments, thereby becoming the first institution to participate in their newly introduced End of Service Program, which has received approval from the Ministry of Human Resources and Emiratization (MOHRE). This innovative initiative is

NEWS DESK

Mostafa Bin Abdullatif Investments Celebrates 100 Years of Excellence with the Return of Chubbsafes Corporate Golf Day

News Desk 1 17/10/2024 0

Axon Business Systems, a subsidiary of Mostafa Bin Abdullatif Investments (MBAL Group), has announced the return of `Chubbsafes Corporate Golf Day in partnership with Chubbsafes, a brand under Gunnebo Middle East. The highly anticipated event is set to take place on 6th November and will serve as a platform to celebrate MBAL Group’s remarkable 100-year […]

Business UAE

RAKIS 2024 to unlock investment potential opportunities in Ras Al Khaimah

News Desk 2 10/10/2024 0

Summit has a robust agenda The upcoming Ras Al Khaimah Investment and Business Summit (RAKIS) is set to be a significant event for global business leaders, investors, and policymakers. It will take place at the RAK Exhibition Centre on December 10-11, 2024. The summit will highlight the investment and trade opportunities in Ras Al Khaimah, […]

NEWS DESK

HID Announces Major Expansion with Continued Investments in Saudi Arabia, at Intersec Saudi 2024

News Desk 1 02/10/2024

HID, a worldwide leader in trusted identity solutions, today announced its expansion in Saudi Arabia at Intersec 2024, with continued investments in talent acquisition, cutting-edge technology, and its channel ecosystem. As part of its strategic focus on the Middle East, the company aims to strengthen its presence and enhance service offerings to meet the growing […]

NEWS DESK

Improbable Achieves Profitability in 2023 and Launches Its Venture Builder Model

News Desk 2 24/07/2024

Herman Narula, Founder and Chief Executive Officer of Improbable declared: “A decade ago, we embarked on the challenging yet immensely rewarding journey of focusing on distributed systems for virtual worlds. Over this period, we have honed our expertise in bringing complex technology products to market, seeded and grown businesses, and developed proprietary

NEWS DESK

Global Aerospace Summit 2024 set to fast-track greater investments for the future of the aerospace industry

News Desk 2 11/07/2024

The seventh edition of the Global Aerospace Summit is set to return to Abu Dhabi in September 2024. Representing the aerospace, aviation, space, and defence sectors, the premier thought leadership forum will aim to accelerate investments to drive greater sustainability, youth engagement and innovation for the industry. The Summit is a CEO-led, critical meeting of […]

NEWS DESK

Ministry of Economy reviews new Competition Regulation law and its role in developing regulatory & legislative frameworks

News Desk 2 11/07/2024

 The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote and protect competition in the country, combat monopolistic practices, counter harmful economic concentration of consumers, support the growth of economic sectors and boost productivity, thus enhancing the country’s

NEWS DESK

Independent Survey of Nearly 3,000 Global CFOs and CIOs Reveals Growing Demand for Results and ROI

News Desk 2 20/06/2024

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the findings of the Censuswide survey, “C-suite Imperatives: Evolving IT and Enterprise Investments.” The Rimini Street-sponsored

NEWS DESK

Intersec the catalyst for potential industry investments worth over US$16.7 billion

News Desk 2 19/06/2024

Messe Frankfurt Middle East has revealed that the 25th edition of Intersec, the world’s leading business event for safety, security, and fire protection, held in Dubai earlier this year, resulted in a potential business buying capacity of over US$16.7 billion for the industry. The event saw significant deals, including a strategic agreement between Moro Hub, […]

NEWS DESK

Hitachi Energy to invest additional $1.5 billion to ramp up global transformer production by 2027

News Desk 2 25/04/2024

Hitachi Energy today revealed investments of over $1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with the growing demand and support the long-term plans and electrification efforts. The investments will gradually expand the company’s global transformer capacity by 2027 and are in addition to the $3 billion already announced to […]

NEWS DESK GCC UAE

UK’s ‘Assisted Living’ property investments unveiled in UAE

News Desk 1 18/11/2023 0

Leading international off-plan property consultancy, LH1 Global, is reporting record returns after launching a series of ‘Assisted Living’ apartments in partnership with leading housing associations and developers in areas throughout the UK where demand is urgent. LH1 Global is currently meeting with new Broker Partners throughout UAE to present the opportunity to their

NEWS DESK

Turkish electrical control equipment manufacturer XKoren accelerates Middle East investments

News Desk 1 19/10/2023

DUBAI, United Arab Emirates — Turkish electrical control equipment manufacturer XKoren Electric has intensified its global expansion strategy with a €50 million investment. Striving to position itself as a leading global provider of eco-friendly electrical control equipment during the green energy transition, XKoren will extend its cutting-edge smart switchgear solutions,

NEWS DESK

HE Dr Thani Al Zeyoudi meets US Secretary of Commerce to advance bilateral trade and investment ties

News Desk 1 12/10/2023

His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held talks with Gina Raimondo, United States Secretary of Commerce, in Abu Dhabi as the two nations continue to advance bilateral trade and investment ties. The meeting comes on the back of growing non-oil trade between the two nations, which […]

NEWS DESK

Emirates Development Bank supports food security

News Desk 1 10/10/2023

Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, announced that since the launch its new strategy in April 2021, the bank has approved over AED 721 million financial support for food security projects. EDB has allocated AED30 billion to support 13,500 SMEs in five

Business NEWS DESK

Navigating the World of Interest Rates: Market Analysis, Earning Potential, and Current Outlook

News Desk 2 19/07/2023

Damian Hitchen CEO, Saxo Bank MENA Rising interest rates are a double-edged sword. Ask the risk-averse pensioner who puts his life savings in government bonds for meeting his day-to-day expenses, and he will gleefully rejoice. The reaction of a new couple who have just entered a floating or variable rate mortgage will be quite the […]

Business

Saxo Bank Surpasses 1 Million Clients

News Desk 2 21/06/2023

Dubai, United Arab Emirates, 20 June 2023: Saxo Bank, which offers online trading platforms, investing, and wealth management solutions, announces a new milestone as it passes 1 million clients, showcasing that more people are starting to take control of their own investments. This milestone comes shortly after the recent news that its client assets globally […]

Business

WEALTH FUNDS LIKELY TO INCREASE AFRICA INVESTMENTS

News Desk 2 15/06/2023

Dubai, United Arab Emirates – 15 June, 2023:  Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from […]