Mena region

Tech

MEA Region Sees 135% Increase in Scam Resources in 2022

News Desk 2 12/07/2023

Dubai, July 12, 2023 — Group-IB, a global cybersecurity leader headquartered in Singapore, has today published Digital Risk Trends, a comprehensive analysis of the world’s two most common cyber threats: scams and phishing. The average number of scam resources created per brand, defined as the

NEWS DESK

Bain & Company’s newly launched research

News Desk 2 10/07/2023

DUBAI, UAE – July 10, 2023 – Following a dip in 2020, tourism globally is again on the rise and is expected to reach $17 trillion in size by 2027, compared to $11 trillion prior to Covid-19. Bain & Company’s new research study, ‘Sustainable Tourism: An Untapped Opportunity for Green Growth’, reveals that there is […]

Business

BKN301 elevates MENA’s fintech scene: Opens new office in Cairo

News Desk 2 05/07/2023

July 05, 2023 BKN301, one of the leading payment and Banking-as-a-Service providers in the MENA region, expanded its operations into Egypt with a new office in Cairo aimed at transforming the country’s financial markets. The new office has been launched to present the company’s advanced banking and digital payments solutions to the country. The latest […]

Tech

Acronis’ Mid-Year Cyberthreats Report Reveals 464% Increase in Email Attacks

News Desk 2 04/07/2023

UAE Sets Cybersecurity Benchmark with Lowest Infection and Blocked URL Rates in the Region Dubai, UAE– July 4, 2023 – Acronis, a global leader in cyber protection, today released the findings of its Mid-Year Cyberthreats Report, From Innovation to Risk: Managing the Implications of AI-driven Cyberattacks. The comprehensive study, based on data captured from more […]

NEWS DESK

MENA Region Secures Gold at Cannes Young PR Lions Competition

News Desk 2 04/07/2023

MENA Account Managers Judy Bakieh and Sarah Alsalem from Gambit Communications in Dubai Win Cannes Young PR Lions Competition Gold.  Dubai – 4 July, 2023: Judy Bakieh and Sarah Alsalem, account managers at Gambit Communications in Dubai, are the winners of this year’s prestigious Cannes Young PR Lions competition, making them the first individuals from

Business

NOMU Group Raises $5 Million in Seed Round Funding to Transform MENA’s Food-Tech Supply Chain

News Desk 2 04/07/2023

Riyadh, Kingdom of Saudi Arabia, July 2023: NOMU, the innovative food-tech supply chain platform set to revolutionise the food and beverage industry in the MENA region, has announced the successful closure of its first round of financing after the merger and establishment of Nomu Group. The seed round raised $5 million from leading investors, including DIV […]

Tech

BKN301: The MENA region opens new opportunities for Fintech companies and financial institutions

News Desk 2 23/05/2023

UAE, May 23, 2023 New fintech firm entering the MENA market is set to boost the overall economy in the region. The MENA region’s market is vast and lacks well-established financial institutions, making it an attractive opportunity for fintech companies. BKN301, one of the leading payment and Banking as a Service providers, is poised to […]

Business GCC Saudi Arabia UAE

Accelerating Prosperity: KSA and UAE Unite at the Global Wealth Conference, Paving the Way for MENA Region’s Phenomenal Expansion

News Desk 2 22/05/2023

Dubai, UAE – May 22, 2023:  The Sovereign Wealth Fund Institute® (SWFI®), the world’s most trusted source on institutional investors and global capital, has announced its Global Wealth Conference (GWC), taking place in historic locations on May 31 and June 1 in London. The GWC platform has attracted some of these capital sources, which are […]

NEWS DESK

IMF Regional Economic Outlook Projects 3.1 per cent GDP Growth in the MENA Region

News Desk 2 03/05/2023

Dubai, UAE, May 3, 2023: The International Monetary Fund (IMF) today hosted a hybrid event to launch the May 2023 Regional Economic Outlook (REO) for the Middle East and Central Asia region at the Dubai International Financial Centre. The IMF finds that despite global shocks, growth in the Middle East and North Africa (MENA) region […]

Lifestyle

The First Luxury Décor & Home Furniture Mall

News Desk 2 13/04/2023

Dubai, April 13th, 2023: The first-ever shopping mall specializing in innovative interior design solutions and high-end home furniture in the United Arab Emirates and the MENA region has opened its doors today. Keeping up with the growing demand on luxurious furnished properties, Art of Living is introducing a unique and exclusive concept in the interior […]

Tech

Bahwan CyberTek and SmarterD announce strategic partnership

News Desk 2 29/03/2023

Date: Dubai, UAE, March 29, 2023 Bahwan CyberTek(BCT), a global provider of digital transformation solutions, announced a global partnership with SmarterD, an integrated IT and security risk management platform today. The partnership will help enterprises in the MENA and GCC region build digital value at scale, and implement frameworks to establish risk-aware ecosystems,

NEWS DESK

Emirates Post wins ‘Amazon Best Carrier of the Year 2022’

News Desk 2 14/03/2023

Emirates Post, the official postal operator and leading express provider in the UAE, received the ‘Amazon Best Carrier of the Year 2022’ award in the Middle East and Northern Africa (MENA) region, for the second consecutive year. The company was awarded the honour in recognition of its contributions to the development of the eCommerce industry, […]

Business

HyperPay announces collaboration with Oracle

News Desk 2 14/03/2023

Riyadh,14 March 2023 – HyperPay announces it is collaborating with Oracle to provide a “No-Show” solution benefiting hotels using Oracle OPERA Cloud Property Management System (PMS). In a post-pandemic landscape, hotels are dealing with a sharp increase in demand but often lack the ability to successfully meet it, especially as a great number of no-show […]

Business

HyperPay announces expansion plans

News Desk 2 13/03/2023

March 13, 2023- HyperPay, the largest and fastest-growing payments services provider in the MENA region, has announced that it is going public through an initial public offering (IPO) in Saudi Arabia within the next two years as part of its expansion plan in the country’s fintech market. The payments services provider aims to become the […]

Energy

THREE PRIMARY FACTORS ARE FURTHER ENHANCING THE MENA REGION’S POSITIONING

News Desk 2 08/03/2023

Dubai, 8 March 2023- One of the main factors that have been affecting oil prices and the global energy market is undoubtedly the ongoing conflict between Russia and Ukraine, which has had far-reaching economic consequences, driving European countries to seek alternatives that would help them reduce their dependence on Russian gas. According to Ritu Singh, […]

NEWS DESK

Bridge Medical GPO and SupplyCopia tie up

News Desk 2 24/02/2023

Dubai, UAE – February 24, 2023 – Bridge Medical Group Purchasing (BMGP), the UAE’s leading Group Purchasing Organization, and SupplyCopia, the fastest-growing provider of technology-fueled supply chain solutions for healthcare, today announced a partnership agreement to bring new solutions to healthcare systems and suppliers. The partnership agreement will be signed by Mr.

Business

RISING OIL AND GAS PRICES FUEL ECONOMIC GROWTH

News Desk 2 13/02/2023

2022 was undoubtedly a year of slumps in stock markets, and projections for 2023 remain cautious as inflation and geopolitical tension continue to affect global economy. One market, however, seems to be benefiting from the turmoil, defying the general downward trend with steady price hikes: the oil and gas market. For oil-producing countries in the […]

NEWS DESK

ENJINSTARTER APPOINTS VASSEH AHMED

News Desk 2 09/02/2023

FEBRUARY 2023, DUBAI—Enjinstarter, a leading Web3 launchpad and advisory company, is pleased to announce the appointment of Vasseh Ahmed as the new managing director of the MENA region. In this role, Vasseh will be responsible for helping companies reach their Web3 ambitions and positioning Enjinstarter as the go-to provider for Web3 adoption in the region. […]

Entertainment GCC Lifestyle Oman

Majid Al Futtaim Entertainment inaugurates Snow Oman

News Desk 2 07/02/2023

Muscat, Oman, 07 February 2023: Majid Al Futtaim Entertainment today celebrated the official opening of Snow Oman, underscoring its commitment to deliver innovative experiences for guests across the region and marking another milestone in its investment strategy in the Sultanate. The momentous occasion was celebrated with an opening ceremony which featured an array of

NEWS DESK

Fareeq Hustlers Show Offers a Unique Opportunity to start a business

News Desk 2 03/02/2023

Dubai, UAE – A new show, Fareeq Hustlers, offers university students in the Middle East and North Africa (MENA) region an opportunity to turn their business ideas into a reality. This innovative show will provide a platform for students to pitch their ideas to a panel of judges and receive funding and training to help […]