Market

NEWS DESK

SES Announces Completion of €100m Open Market Repurchase of its NC625 Securities

PR News Desk 24/01/2025

SES S.A. announces it has repurchased in the open market an aggregate amount of €99,978,000 principal amount of its €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities issued on 27 May 2021. In accordance with the terms and conditions of the Securities, the purchased Securities

NEWS DESK

Yellow Door Energy Strengthens Market Leadership with 27 Solar Projects

PR News Desk 22/01/2025

Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa, today announced its 2024 results, highlighting significant project milestones and sustainability progress. In 2024, the company added 32.7 megawatts-peak (MWp) to its rapidly growing portfolio. This includes its acquisition of five operating projects in Oman. Jeremy

NEWS DESK

Trump’s muscular Inaugural Address will make waves for years to come– Saxo Bank MENA

PR News Desk 21/01/2025

Trump delivered a muscular Inaugural Address today that marks out a confrontational policy both domestically and internationally, but with few immediate measures the market can grab onto for a sustained reaction until further details are known. Executive summary: Trump delivered a muscular Inaugural Address today that marks out a confrontational policy both domestically

Markets

OTT business messaging revenue to hit $3.7bn in 2025

Arnold Pinto 28/12/2024

Infobip, Gupshup, Twilio dominate A new study has revealed that global Over-the-Top (OTT) business messaging revenue is set to surge, growing from $2.4 billion in 2024 to $3.7 billion in 2025. Despite this promising expansion, the market is expected to face significant disruption from emerging technologies that will enhance user experiences. Notably, click-to-chat ads are

NEWS DESK

Investment strategy guides UHNWI’s to unlock full potential of ultra-luxury market

PR News Desk 19/12/2024

The record AED120 million sale of a luxury villa in Dubai’s Emerald Hills community highlights an investment strategy delivering exceptional returns for ultra-high-net-worth individuals (UHNWIs). The sale brought a AED40 million profit for an investor who retained fäm Properties to find the ideal plot, design and manage construction of the stunning 25,000 sq. ft villa,

NEWS DESK

India looks at raising MEA leather Market Share in US$13.70 billion Push by 2030

PR News Desk 10/12/2024

The Middle East and Africa (MEA) markets hold huge unexplored potential for India’s leather products and footwear industry as the Country is working towards a target of US$13.70 billion turnover in exports by 2030 as part of a strategic growth initiative, said a senior official today. Speaking at a press conference at the opening day […]

NEWS DESK

Discovery Dunes Sets Sights on Shaping the UAE’s Ultra-Luxury Market

PR News Desk 27/11/2024

The overall sales for ultra luxury houses in the UAE has experienced steady growth in recent years with the country being globally recognized as one of the prime markets for ultra-high-net-worth individuals (UHNWIs) looking to invest. The combination of strong business opportunities along with a lavish lifestyle has ensured that developers are always committed to […]

NEWS DESK

UAE data centre market to be worth AED 9.7 billion by 2029

PR News Desk 19/11/2024

Dubai-based sustainable and technology-driven maintenance and cleaning specialist Hitches & Glitches (H&G), part of the Farnek Group, has noticed a significant uptick in demand for specialised cleaning, for the UAE’s growing data centre market. According to premier global market research and consulting organisation, Blackridge, the data centre market in the UAE is

NEWS DESK

The recent surge could lead Bitcoin’s $90K-$100K Ceiling: A Market Maker’s Challenge

PR News Desk 12/11/2024

Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum within this

NEWS DESK

Rorix Holdings and Adani Ports Sign Memorandum of Understanding to Revolutionize the Commodities Market Ecosystem

PR News Desk 20/09/2024

Rorix Holdings (“Rorix”), the Abu Dhabi-based global trade facilitation and finance company, announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Adani Ports and Special Economic Zone Limited (“Adani Ports”), India’s largest private multi-port operator. This strategic partnership aims to leverage the strengths of

Oil & Gas

Oil and gas separator market may surge to $11.7 billion by 2032

Arnold Pinto 10/09/2024

Gravity separators dominate market The global oil and gas separator market is set to experience significant growth, with projections estimating an increase from $8 billion in 2022 to $11.7 billion by 2032. According to a new report by Allied Market Research, this surge represents a compound annual growth rate (CAGR) of 4.1% over the forecast […]

NEWS DESK

Global Tech and Durables Market in Recovery Mode

PR News Desk 03/09/2024

2024 looks like a better year than 2023 for the global Consumer Tech and Durables (T&D) market. Inflation rates are easing, consumer confidence is rising, summer bookings are returning to pre-pandemic levels, and major sporting events such as the Paris Olympics and the European Football Championship in Germany are triggering demand. At the mid-year point, […]

NEWS DESK

Analysts warned that the oil market may struggle to absorb additional OPEC barrels once production cuts are lifted

PR News Desk 26/08/2024

A couple of events were the most important in global financial markets last week; the FOMC Minutes last July and the statements of the Fed Chairman Jerome Powell at the Jackson Hole Symposium. Both were in favor of risk appetite after they tipped the scales towards starting to cut interest rates at the Federal Open […]

NEWS DESK

SentinelOne Powers Broadest Insurance Ecosystem in the Market

PR News Desk 01/08/2024

SentinelOne , a global leader in AI-powered security, today announced the SentinelOne Risk Assurance Initiative, a new program to help insurers secure their clients’ networks with the world’s most advanced AI security platform. With the SentinelOne Risk Assurance Initiative, insurers can offer the SentinelOne Singularity Platform to clients at preferred rates to stop

NEWS DESK

Solar and Storage: Latest Market Surveys Show Dynamic Growth

News Desk 11/07/2024

The deployment of renewable sources of energy is picking up speed around the world. The impressive results of several market surveys recently presented at The smarter E Europe 2024 prove this. Photovoltaics (PV) and storage systems in particular are experiencing dynamic growth, and the trend goes towards the combination of the two technologies. The number […]

NEWS DESK

B2Broker Releases Cutting-Edge Copy Trading Platform, Disrupting the Industry

News Desk 12/06/2024

The Insight Partners report predicts that the copy trading market will grow from $2.2 billion to $4 billion by the end of this decade. This trend highlights a significant opportunity for brokers to adopt advanced copy trading platforms that fulfil trader expectations. Client feedback is central to B2Broker’s offerings. Consequently, the company has introduced a

NEWS DESK

Crystal Expands Presence in Dubai, Bringing Deeper Support and Market Compliance Capabilities

News Desk 05/06/2024

Crystal, a global leader in blockchain analytics, compliance and risk monitoring, is excited to announce their new office at the Dubai World Trade Centre, emphasizing the firm’s commitment to supporting the more than 1,400 Virtual Asset Service Providers (VASPs) in the region. Crystal, which currently works with notable Dubai-based virtual asset firms, will leverage its

NEWS DESK

BRANDED INFLUENCER CONTENT PARTNERSHIPS ESSENTIAL KEYS TO MARKETERS’ PLAYBOOK

News Desk 06/05/2024

With media spend on the global influencer market expected to approach $6 billion in 2024, a new research report released today by Snapchat and MCN revealed how content creators and brand-sponsored content could push the industry even further. The robust study called “Unleashing Influence: A Marketer’s Guide to Influencer Success” explored users’ perceptions and preferences

Tech

Smartphone Semiconductor Market Set To Rebound In 2024

Arnold Pinto 10/04/2024

TSMC To Lead Transition To Advanced Nodes After enduring two consecutive years of significant declines, the smartphone semiconductor market is primed for a turnaround in 2024. Per Counterpoint Research’s latest Smartphone AP-SoC Long-term Shipment Forecast by Node and Foundry, anticipated smartphone Application Processor-System on Chip (AP-SoC) shipments are set to rebound

Business Cybersecurity

AI Cybersecurity Market To Surpass $133Bn By 2030

PR News Desk 28/03/2024

Businesses Prioritise Proactive Defence Mechanisms Adopting AI-enhanced cybersecurity solutions has become a pivotal strategy for organisations worldwide in a digital landscape riddled with cyber threats. Recent data reveals a stark contrast in financial repercussions between entities fortified with AI-powered defences and those without. Notably, companies leveraging AI