MENA

NEWS DESK

Global leather producers home in on MENA

PR News Desk 11/12/2023

Footwear and leather goods exporters today said that the Middle East and North Africa (MENA) offers a robust growth opportunity for the trade with retail spending power estimated to be surging in the range of 6-8 per cent CAGR across the region with the UAE and Saudi Arabia leading the trend.

NEWS DESK

The Middle East and North Africa (MENA) out of home dining

PR News Desk 09/12/2023

The Middle East and North Africa (MENA) out of home dining (OOHD) is projected to reach US$81.82 billion by 2028. The market value is expected to grow at a CAGR of 10.66% during the forecast period of 2023-2028, with full-service restaurants (FSR) and casual dining segment being the dominant segment owing to rising consumer’s disposable […]

NEWS DESK

Checkout.com appoints Standard Chartered as banking partner in MENA

PR News Desk 29/11/2023

Checkout.com, the global payments service provider, announced today a strategic partnership with Standard Chartered as their cash management bank to bring improved operational and performance to Checkout.com’s merchants in the region. The partnership leverages state-of-the-art technology to seamlessly integrate payment systems and deliver an infrastructure that will power

NEWS DESK

Wio Bank PJSC to Enable Virtual Asset Trading, Powered by Fuze

PR News Desk 28/11/2023

Wio have partnered with Fuze, MENA’s pioneering digital assets infrastructure provider, to empower its customers with cutting edge virtual assets trading services. Customers will be able to buy and sell popular virtual assets directly through Wio Invest.   Wio Invest allows customers to start investing simply and effortlessly, where users can access thousands of

NEWS DESK GCC UAE

MENA’s Largest Hackathon in the UAE: Three Winners with Web3-Improving Inventions

PR News Desk 24/11/2023

Bybit, the world’s third-largest crypto exchange by volume, partnered with DMCC Crypto Centre to successfully wrap up a groundbreaking hackathon, empowering Web3 innovation in Dubai. The collaborative effort between Bybit and DMCC, announced in June to foster the mass adoption of Crypto and Web3 in Dubai, culminated in the largest hackathon in the MENA region. […]

NEWS DESK

Sustainable Economic Forum Sums Up 1st Edition in Algeria with Global Industry Participation across MENA & EU Member States

PR News Desk 21/11/2023

Sustainable Economic Forum successfully concluded its first edition in Algeria earlier this month. The conference witnessed over 1200 visitors and had global participation from leading industry leaders. Designed by Mohamed Skander, the forum was built on the ethos that, together, we can move towards fulfilling sustainable development goals with realistic strategies and

NEWS DESK

MENA’s growing education sector boosts stationery industry, says study

PR News Desk 02/11/2023

The rising number of schools and universities in the Middle East and Africa has stimulated growth in the stationery market, according to a study conducted recently by 6WResearch. This upward industry trend is likely to be a significant topic of discussion at Paperworld Middle East which takes place from 21-23 November at the Dubai World […]

NEWS DESK

Successful Conclusion of MENA’s First Art Therapy Conference

PR News Desk 25/10/2023

The inaugural Art Therapy Conference in the MENA region shed light on the promising future of art therapy. Held under the theme “Empowering through Creativity,” the conference held on October 17 and 18 marked a pivotal moment for the region as it acknowledged the critical role of art therapy in enhancing emotional well-being. During the […]

NEWS DESK

New crypto product ‘SuperFrank (CHFP)’ poised to revolutionise MENA’s cryptocurrency market

PR News Desk 24/10/2023

VEROBLOCK.io, a company founded by the prominent investment group, WOOD & Co., and Igor Pauer, a renowned blockchain and cryptocurrency expert, launched its first ever game-changing cryptocurrency product, SuperFrank (CHFP). The product is being showcased at the Blockchain Life 2023, one of the largest international events on Web3, cryptocurrencies, and mining –

NEWS DESK

RPM Unveils Special Recon Edition Celebrating ‘Year of Reinvestment’

PR News Desk 23/10/2023

The Retail People Magazine, the publication arm of The Middle East Council of Shopping Centres & Retailers, proudly announces the launch of the RPM Special Retail Congress Edition, a commemorative release aligned with the theme “Year of Reinvestment.” This exclusive edition marks a significant milestone, coinciding with the 29th Anniversary of the Retail Congress MENA

NEWS DESK

MECS+R Celebrates 29 Years of Retail Excellence at Retail Congress MENA: The Year of Reinvestment

PR News Desk 20/10/2023

MECS+R, the largest association in retail industry, is thrilled to announce the grand celebration of its 29th year anniversary at the Retail Congress MENA. Themed “The Year of Reinvestment,” this prestigious event will take place at the luxurious Ritz Carlton DIFC, Dubai, on October 23-24, 2023. Kick-Off Cocktail Party: An Evening of Glamour and Networking […]

NEWS DESK

Charging the Future: TERRA Makes History as the FIRST to Bring Smart Battery Swapping to MENA!

PR News Desk 19/10/2023

Dubai, United Arab Emirates — In an era when the world is at a crossroads between sustainable living and technological innovation, TERRA, a pioneer in electric vehicle (EV) technology, is reshaping the last-mile delivery industry in the MENA region. Their groundbreaking Smart Battery Swapping solution, marks a historic moment, as they become the FIRST to […]

NEWS DESK

Haier’s Odyssey in the Middle East and Africa: Forging a Global Brand through Localized Innovation.

PR News Desk 18/10/2023

QINGDAO, China — For Chinese companies, planning localization layout in the local market to quickly enter and nurture global markets is becoming an imperative topic in their new phase of international expansion for China’s smart manufacturing. Recently, Ifeng.com’s premiere of “Chinese Brands Enhancing Life in the Middle East and Africa through

NEWS DESK

Bain & Company announces a new report assessing MENA’s climate ambitions

PR News Desk 18/10/2023

Bain & Company, the leading global management consulting firm, together with the World Economic Forum launched a new sustainability report ‘Closing the Climate Action Gap: Accelerating Decarbonization and the Energy Transition in MENA’, providing an in-depth analysis tailored to the MENA context. It assesses the multifaceted risks climate change poses to the

NEWS DESK

The Surpluss wins 2023 London Business School’s MENA Startup Competition

PR News Desk 11/10/2023

The Surpluss, world’s first B2B platform for industrial asset exchange, has won the London Business School (LBS) MENA Startup Competition 2023 at the AstroLabs Academy Campus in Dubai last night. The Surpluss is an innovative enterprise offering cross industrial collaboration that aims to convert under-utilised resources into value. With a growing customer base in the

NEWS DESK

Hikma and CanariaBio sign exclusive licensing agreement to bring Oregovomab to the Middle East and North Africa

PR News Desk 10/10/2023

London, United Kingdom – Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with CanariaBio, a Korean biopharmaceutical company focused on the development and commercialization of immunotherapies for cancer. Under the terms of the agreement, Hikma has an exclusive license to commercialise Oregovomab

NEWS DESK

MRDS Group on track for strong year-over-year growth in 2023

PR News Desk 04/10/2023

MRDS Group, a leading project management, inspection, repair, and overhaul services provider for oilfield drilling and marine equipment, is on track to experience significant year-on-year growth in the Middle East and North Africa (MENA) energy sector in Q4 of 2023 and into 2024. This projection is driven by the rapid expansion of MENA’s oilfield services […]

NEWS DESK

Hikma and Cosmo partner on exclusive licensing agreement for Winlevi® (Clascoterone) for the Middle East and North Africa

PR News Desk 02/10/2023

London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with Cassiopea S.p.A., a subsidiary of Cosmo Pharmaceuticals N.V. (Cosmo). Cosmo is focused on developing and commercialising products to treat selected gastrointestinal diseases and dermatological conditions. Under the terms

Business

Future Food Forum event set to study the MENA sector

PR News Desk 16/09/2023

F&B sector projected to reach AED347.39 billion in 2023 The UAE Food & Beverage Business Group, under the patronage of the UAE Ministry of Economy and Dubai Chamber of Commerce, will host the 5th edition of the Future Food Forum 2023 from September 20-21, 2023, in Dubai City. The Dubai Department of Economy and Tourism […]

Logistics Business GCC UAE

UK-based Zencargo to use UAE base for MENA expansion

Arnold Pinto 09/09/2023

Digital logistics provider joins UAE’s NextGen FDI programme Zencargo, a leading UK-based digital first freight forwarder and logistics provider, has launched its commercial operations in the UAE to scale up its MENA footprint. Founded in London in 2017 by Alex Hersham and Richard Fattal, Zencargo uses proprietary software to provide clients with an overview of […]