Middle East

NEWS DESK

Trustin launches Middle East’s first regulated digital escrow platform

News Desk 1 06/08/2024

Trustin Limited, a UAE-built first Digital Escrow Platform in the region, officially announces the launches of its operation after securing Financial Service Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This licence is a significant

Defence & Security

US moves extra military assets to Middle East amidst regional tension

News Desk 2 04/08/2024 0

Including warships, fighter aircraft, missile systems The US is taking decisive measures to address potential escalations involving Iran and its affiliates in the volatile Middle East region. In a statement issued on August 2, 2024, US Deputy Pentagon Press Secretary Sabrina Singh noted that in response to the Hamas attack on Israel on October 7, […]

NEWS DESK

MAPEI GROUP DRIVES SUSTAINABLE DEVELOPMENT WITH LAUNCH OF ZERO LINE OF PRODUCTS IN MIDDLE EAST

News Desk 2 31/07/2024

MAPEI Group, the world’s leading Italian manufacturer of chemical products for the building industry, announces the launch of its sustainable ZERO line products in the Middle East and Africa (MEA) region. With 60% increase in global sales of its ZERO product range in 2023, the line underscores the rising market demand for environmentally friendly solutions […]

NEWS DESK

Beautyworld announces new market report in collaboration with BeautyMatter

News Desk 2 31/07/2024

Beautyworld’s extensive and insightful new report, in collaboration with BeautyMatter, provides industry professionals with all-new research, core data and intelligence into the Middle East’s fast-growing beauty industry for the first time. With the MENA (Middle East and North Africa) beauty and personal care industry currently valued at US$46 billion and projected to

NEWS DESK

Red Hat highlights evolution of AI in Middle East at Red Hat’s EMEA AI Open Talks

News Desk 2 29/07/2024

The Middle East is quickly establishing itself as a global leader in artificial intelligence (AI) innovation, thanks to large investments made to improve productivity, safety, and reliability of the AI-powered tools. Several industry leaders are driving this shift to improve business outcomes by improving technology and broadening its applications across key sectors. At

NEWS DESK

AESG Signals Focus on Raising the Levels of Compliance with Environmental Sustainability

News Desk 2 29/07/2024

As the Middle East development sector flourishes with key countries projecting annual growth rates of 3% or more over the next three years, AESG, a leading global international consultancy, engineering and advisory firm, as well as Saudi National Centre for Environmental Compliance (NCEC) certified consultancy aims to continue its key role in managing the environmental,

NEWS DESK

SuperBridge Summit 2024 to showcase the Middle East as top global hub for innovation and investment

News Desk 2 25/07/2024

The Dubai World Trade Centre (DWTC) and the SuperBridge Council have reiterated their commitment to cementing the Middle East’s eminence as the leading destination for innovation and entrepreneurship with the second edition of SuperBridge Summit 2024.  The two-day summit will highlight the exemplary strategic initiatives and visionary leadership of Dubai as a global

NEWS DESK

LPG Expo announces innovative ‘Middle East LPG Expo

News Desk 2 23/07/2024

LPG Expo, a leading exhibition and conference organizer in the Liquefied Petroleum Gas (LPG) industry, has announced the ‘Middle East LPG Expo – Saudi Arabia 2024’, which is scheduled to take place on September 10 & 11, 2024. The event is supported by Saudi Arabia’s Oil Sustainability Program and World Liquid Gas Association, as Strategic […]

NEWS DESK

Alaan Launches Region’s First Uncapped Cashback Campaign

News Desk 2 22/07/2024

Alaan, the Middle East’s leading corporate card and spend management platform, announces the launch of the region’s largest cashback campaign to date. All clients who sign up between July 15th and August 31st, will receive 4.5% cashback on their business transactions, with no limit on how much can be earned. This campaign is the first […]

NEWS DESK

Hisense Achieves Top Market Share in Middle East and Africa for Refrigerators

News Desk 2 19/07/2024

According to the latest survey conducted by Euro Monitor, Hisense, the global leader in home appliances and consumer electronics, has emerged as the number one refrigerator brand in the Middle East and Africa region in 2023. This significant achievement highlights Hisense’s strong market presence, surpassing other leading brands in the region. The survey reflects the

NEWS DESK

Barratt London provides Middle East investors with prime access to green spaces in London

News Desk 2 18/07/2024

Middle East investors are set to benefit from Barratt London’s long-term drive to increase London’s green spaces. To date, the developer has created over 58 acres of greenery in the capital, equivalent to over 32 football pitches. While expanding green space across London, over the past five years, the developer has planted and retained over […]

NEWS DESK

Malaysia Showcases Agricultural Prowess in Dubai with MAHA 2024 Business Networking Event

News Desk 2 13/07/2024

The Ministry of Agriculture and Food Security Malaysia is intensifying its promotional efforts across the Middle Eastern region. In a bid to highlight Malaysia’s agricultural and food industries, the Malaysian Agriculture Counselor Office in Dubai organised a high-profile business networking event at the prestigious Raffles Hotel Dubai. This event aimed to showcase

NEWS DESK

Oil and Gold Prices Rise Amid Unexpected Supply Drop, Middle East Tensions, and Rate Cut Hopes – Comments from Century Financial

News Desk 2 05/07/2024

Shell to Take Impairment Hit of Up to $2 Billion: Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. Oil prices end higher […]

NEWS DESK

Simon-Kucher Expands its Presence in the Middle East with Opening of New Office in Saudi Arabia

News Desk 2 03/07/2024

Global consulting firm Simon-Kucher continues its strategic expansion in the Middle East with the opening of a new office in Riyadh, Saudi Arabia. This move reinforces the firm’s commitment to the region and its dedication to providing specialized services to local and international clients. The addition of three new Partners in the Riyadh office further […]

NEWS DESK

Australian Vocational Training can enhance your career and provide exceptional value

News Desk 2 03/07/2024

Education Training & Employment Australia (ETEA), a leading Vocational and Education Institute in Australia, is expanding into the Middle East. Why is this of interest? Because ETEA currently delivers accredited units of study in more than 500 specific areas that are aligned with the visionary goals of organisations and Departments in the UAE and Saudi […]

NEWS DESK

What the UK general election could mean for Middle East real estate investors

News Desk 2 02/07/2024

The UK will go to the polls this week (4th July 2024) to elect a new government and the results could be significant for Middle East real estate investors. Barratt London has looked at what the two major parties say in its manifesto and how it might have an impact on those looking to purchase […]

NEWS DESK

INFINITI Valet: Convenience On Demand

News Desk 2 01/07/2024

INFINITI Middle East is elevating the ownership experience with its INFINITI VALET Program for customers across the Middle East. Launched in 2017, this service, widely commended by INFINITI owners, offers convenient vehicle pick-up and drop-off for maintenance appointments, eliminating the need for customers to visit their nearest service centre. The INFINITI VALET Program

Business Interviews

Panasonic Has The Middle East And Africa Firmly In Its Sights

Arnold Pinto 29/06/2024 0

As Region Offers Growth Potential Panasonic Marketing Middle East and Africa (PMAAF) is strategically positioned to leverage the Japanese conglomerate’s 106-year-old legacy while embracing innovation and market diversification in the region. In an exclusive interview with ‘Middle East News 247’, Hiroyuki Shibutani, CEO of Dubai-headquartered PMAAF, details how the

NEWS DESK

Newgen launches the world’s first Gen AI-powered hyper-personalisation platform

News Desk 2 27/06/2024

Newgen Software, a leading global provider of low-code digital transformation platforms, has announced the launch of LumYn in the Middle East. This groundbreaking Gen AI-powered hyper-personalisation platform is designed specifically for the banking sector and is set to enhance profitability and significantly improve customer experiences for banks in the region and

NEWS DESK

Consumers in the UAE demand AI assistants made specifically for the Middle East

News Desk 2 25/06/2024

A recent survey on smart assistants revealed that 92% of respondents in the UAE would prefer to have a smart/AI assistant made specifically for the Middle East. The survey was conducted by Researchscape International and commissioned by the global tech company Yango*. The survey’s results indicate the preference for features that cater specifically to the […]