MENA

NEWS DESK

IWG TARGETS OVER 500 LOCATIONS IN MENA TO MEET GROWING DEMAND FOR HYBRID WORKING SOLUTIONS

News Desk 1 16/02/2024

IWG, the largest and fastest growing flex and office space provider, with brands including Spaces, Regus, Signature, and HQ, has announced plans to rapidly scale up its network of locations in the Middle East and North Africa (MENA) to meet the growing demand for innovative hybrid working

NEWS DESK

Hisense Retains No.2 Ranking Globally for TV Shipment in 2023

News Desk 1 15/02/2024

Global home appliance corporation Hisense retained its No. 2 global ranking for TV shipment in 2023, hitting a 25.9 million shipment volume for 2023 in global markets according to the ‘2023 Monthly Report of Global TV Shipment Volume of TV Brands’ from leading market research institute AVC Revo. Hisense has been the only brand that […]

NEWS DESK

STARZPLAY to stream the 2024 Six Nations

News Desk 1 02/02/2024

Following its exclusive coverage of the 2023 Rugby World Cup, STARZPLAY, one of the leading video-on-demand subscription (SVOD) services in the region, is bringing rugby fans exclusive coverage of the 2024 Six Nations Championship starting this Friday, 2nd February. STARZPLAY Sports, the new home of international rugby, will show all 15 matches from the Six […]

NEWS DESK

Wego Unveils WegoPro to Revolutionize Business Travel and Expense Management

News Desk 1 24/01/2024

Wego, the largest online travel marketplace in the MENA region, announces the launch of WegoPro, a modern platform that simplifies business travel and expense management for companies globally. Formerly known as Travelstop, WegoPro will debut today in 7 key markets in the MENA region, including Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait, and Egypt. The […]

NEWS DESK

Network International appoints Jamal Al Nassai as Group Managing Director for Merchant Services, MENA

News Desk 1 19/01/2024

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has strengthened its senior management profile with the appointment of Jamal Al Nassai as Group Managing Director for Merchant Services – Middle East and North Africa (MENA). In this role he will be responsible for strategic planning and […]

NEWS DESK

Gulf Capital Closes Strategic Sale of AmCan

News Desk 1 09/01/2024

Gulf Capital (“GC”), one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has successfully completed the sale of 100% of AmCan, the exclusive distributor of many of the top global sports nutrition brands across the MENA region, to a leading regional FMCG distributor operating […]

NEWS DESK

Global leather producers home in on MENA

News Desk 1 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. Speaking at a press […]

NEWS DESK

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

News Desk 1 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

News Desk 1 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

News Desk 1 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

News Desk 1 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

News Desk 1 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

News Desk 1 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

News Desk 1 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

News Desk 1 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’

News Desk 1 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

News Desk 1 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!

News Desk 1 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.

News Desk 1 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

News Desk 1 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