MENA

NEWS DESK

MENA’s self-gifting trend grows 15% in emotional support shift

News Desk 1 13/08/2024

Flowwow, a gifting marketplace for local brands in 30+ countries, has partnered with Admitad, a partnership marketing platform, to unveil the findings from their latest e-commerce market research for the Middle East and North Africa (MENA) region in the first half (H1) of 2024. Self-Gifting

NEWS DESK

Crude’s month-long slide halted by fresh Mideast worries  – Saxo Bank MENA

News Desk 2 31/07/2024

The energy sector is heading for its biggest monthly loss since May 2023, with headlines this past month being dominated by the poor outlook for Chinese demand as economic weakness persists in the world’s top importer of crude oil. In addition, the recent loss of risk appetite across key stock market sectors has also led […]

NEWS DESK

Cyprus and Greece rental yields reach record highs

News Desk 2 31/07/2024

Leading Greek and Cypriot real estate developer Leptos Estates reveal that rental yields in both Cyprus and Greece are consistently reaching all-time high levels as international purchasers let their holiday homes across sought-after destinations. The developer reveals that rental yields across some of their most popular destinations and developments are consistently

NEWS DESK

81% of MENA professionals highly engaged in the workplace, highlighting opportunities for enhanced loyalty

News Desk 2 29/07/2024

The latest Employee Loyalty in the MENA survey by Bayt.com, the Middle East’s leading jobsite, and YouGov investigates the driving factors that contribute employees’ loyalty to their organizations, identifying actions that could enhance loyalty and recognizing the elements that could potentially undermine it. Illustrating a considerable measure of stability within

NEWS DESK

MENA region’s early adoption of GenAI key to driving   growth, finds new research from Project Management Institute

News Desk 2 11/07/2024

A new report from Project Management Institute (PMI), the world’s leading authority for project professionals, explores how high adopters of GenAI (or “trailblazers”) are leading the charge in embracing GenAI. These trailblazers not only aid in unlocking performance enhancements and advancing GenAI adoption, but also believe in sharing their learnings to propel

NEWS DESK

Payments Security: The Key to Winning Consumer Loyalty in MENA

News Desk 2 08/07/2024

The adoption of digital commerce in MENA has skyrocketed over the past few years. Countries that were once deeply attached to cash and physical transactions have shot to digital maturity in just a few years. According to Checkout.com’s 4th annual MENA ecommerce report, The State of Digital Commerce in MENA 2024, 91% of the region’s […]

NEWS DESK

Abu Dhabi is set to host Amazon UNIVERSITY Esports Masters, the big party for college esports in MENA

News Desk 2 03/07/2024

The competitive excitement over who will become the best college esports teams in the MENA region is about to begin. Students from the UAE are ready to represent their country and seek victory at the Grand Finals of the third edition of Amazon UNIVERSITY Esports Masters (Amazon UE Masters), where they will battle against their […]

NEWS DESK

BKN301 Group uses its BaaS Orchestrator solution ‘301pay’

News Desk 2 24/06/2024

Leading the charge in innovation, BKN301 Group’s advanced BaaS orchestrator payment gateway solution ‘301pay’ has been providing businesses of all sizes with unprecedented control over their payment processes, contributing to the ongoing growth of the MENA eCommerce market. The multi-merchant payment orchestrator platform allows businesses to effortlessly accept payments

NEWS DESK

Rapid changes in commercial real estate values and risk require increased sector specialisation: JLL

News Desk 2 06/06/2024

The increasing economic openness and diversification strategies, and the rise of many ambitious infrastructure and development projects across the Middle East and North Africa (MENA) are accelerating the demand for value and risk advisory services in the region, according to JLL, a leading professional services firm specialised in real estate, investment

NEWS DESK

Qatar Airways is the First Leading Airline in MENA to Introduce Complimentary Starlink Wi-Fi Onboard

News Desk 2 30/05/2024

Qatar Airways, a multiple award-winning airline, has announced the introduction of Starlink’s innovative high-speed, low-latency Wi-Fi on three of its Boeing 777-300 aircraft by the last quarter of this year, as part of the initial phase of its rollout strategy. This strategic move solidifies the airline’s commitment to elevating the passenger experience

NEWS DESK

Integrate Middle East’s second edition starts tomorrow, convening Pro AV and Media community

News Desk 2 20/05/2024

The second edition of the Integrate Middle East, the only professional audio-visual (Pro AV) and media technology event in the MENA region will start tomorrow, May 21, 2024, and welcome visitors till May 23, 2024. Co-located with long-running event CABSAT at the Dubai World Trade Centre (DWTC), this year’s exhibition is poised to host over […]

NEWS DESK

500 Global and Sanabil Investments announce Batch 7 of the Sanabil 500 MENA Seed Accelerator Program

News Desk 2 14/05/2024

Multi-stage venture capital firm 500 Global and KSA-based Sanabil, a financial investment company [wholly owned by the Public Investment Fund (PIF)] announced the seventh batch of their Sanabil 500 MENA Seed Accelerator Program, aimed at helping up-and-coming companies scale up in the region. The final selected companies are focused on developing solutions across a diverse

NEWS DESK

Neosun Energy Opens New Regional Office to Drive Profitability for MENA Businesses with Solar Solutions

News Desk 2 14/05/2024

Neosun Energy, a leading global developer of solar energy solutions, is pleased to announce the opening of a new regional office in Dubai, United Arab Emirates, extending its global footprint to the MENA market, with plans to open new offices in Saudi Arabia and Oman soon. According to the International Energy Agency, the Middle East […]

NEWS DESK

Checkout.com’s 4th annual MENA report finds cash on delivery usage halved, amongst maturing digital economy

News Desk 2 14/05/2024

Amidst an era marked by swift digital transformation, the digital economy in the MENA region demonstrates robust growth, soaring by an impressive 78% year-on-year in digital payment volumes since 2020. These revelations and more are unveiled in Checkout.com’s 4th annual MENA e-commerce report, titled: “The State of Digital Commerce in MENA 2024: A Tale of […]

NEWS DESK

New Amazon Payment Services Report Highlights Trends and Opportunities in Online Payment Strategies for Businesses in MENA

News Desk 2 13/05/2024

Amazon Payment Services, a regional leader in digital payments operating across the Middle East and North Africa (MENA), shares its latest research on recent and upcoming changes shaping the payments industry. The report, titled “Leading Trends in Digital Payments: Driving the Real-Time Economy in MENA,” identifies key trends and shows why they matter to businesses […]

NEWS DESK

THE BICESTER COLLECTION CELEBRATES WOMEN’S SOCIAL ENTREPRENEURSHIP IN MENA

News Desk 2 07/05/2024

One year following the announcement of the winners of the inaugural Unlock Her Future Prize, The Bicester Collection hosted a celebration in Dubai on Tuesday 30th April 2024 to honour the achievements of the four women founders who received the 2023 Prize. The event involved an in conversation with the outstanding winners, moderated by

NEWS DESK

New MENA Study Reveals Positive Transformation in Next-Gen Philanthropy

News Desk 2 26/04/2024

A report titled “Grounded in Tradition, Looking to the Future: Understanding Next-Generation Philanthropy in the Middle East” was recently launched during an exclusive event in the UAE, which revealed that an individual-driven approach to philanthropy, centred on non-traditional giving methods, is gaining traction among next-generation philanthropists in the Middle East.

NEWS DESK

CABSAT marks its 30th anniversary with return of prestigious MENA Co-Production Salon

News Desk 2 24/04/2024

CABSAT, the flagship event for broadcast, media, satellite, and entertainment industries in the Middle East and North Africa (MENA) region, celebrates its 30th anniversary by continuing its partnership with HConsult, a leading content market specialist in the Arabic-speaking MENA region, to host MENA Co-Production Salon. The exclusive gathering, scheduled from May 21 to 23

NEWS DESK

Gaming Matters Dubai: Elevating Gaming Discourse in MENA

News Desk 2 23/04/2024

The inaugural Gaming Matters Dubai, a forum and networking event in which businesses will explore the transformative power of gaming, is coming to The Museum of the Future on 29 – 30 April 2024. Hosted by Branded, the award-winning event and multimedia content producers, alongside Dubai Esports & Games Festival, which is organised by Dubai […]

NEWS DESK

amplifAI Health and Healthspan Digital Unveil AI-powered Vascular Age Analysis for Advancing Precision Health and Longevity Care in MENA

News Desk 1 25/03/2024

amplifAI Health, a health technology company headquartered in Saudi Arabia, and Healthspan Digital Inc., a Toronto-based data-driven healthtech company, announce a strategic partnership that combines amplifAI Health’s AI-powered, rapid, and cost-effective thermal hyperspectral technology with Healthspan Digital’s advanced longevity clinical protocols. This