Middle East

NEWS DESK GCC Saudi Arabia

Celebrations are in the Air as the Saudi Arabia Founding Day Begins

News Editor 24/02/2023 0

Celebrations are in the air, and the excitement is palpable as the kingdom of Saudi Arabia begins preparations for the Saudi Arabia founding day. Under this celebration, the country has declared Wednesday, February 22, 2023, as a national holiday for workers in the public and private sectors.

Business

Gradiant Acquires Advanced Watertek to Expand Manufacturing Capabilities and Middle East Presence

Middle East News 247 23/02/2023

BOSTON — Gradiant, a global solutions provider for advanced water and wastewater treatment, today announced it has acquired Advanced Watertek, a leading original equipment manufacturer (OEM) and service provider for membrane-based water and wastewater treatment systems. The acquisition strengthens manufacturing resources for Gradiant’s custom-designed and integrated

NEWS DESK GCC Saudi Arabia

Saudi Arabia to Donate a Significant Amount of Humanitarian Aid in Earthquake Relief to Turkey

News Editor 23/02/2023 0

The Saudi Arabian government has set up an initiative called the Sahem Program to collect monetary donations to aid the rescue and recovery of earthquake victims in Turkey. This amount has coalesced to USD71 million in addition to the kingdom’s pledge of USD 100 million in relief efforts for the Earthquake. What are the Specifics of the […]

NEWS DESK GCC UAE

Sharjah Airport Authority highlights its leading experiences

News Desk 2 22/02/2023

Sharjah, February 22, 2023 Sharjah Airport Authority is participating in the 10th edition of Air Cargo Africa exhibition, which is being held from February 21 to 23, 2023, in Johannesburg, South Africa. The Authority is dedicated to participate in such significant events to showcase its cargo expertise as well as to promote Sharjah Airport as […]

Business

HDFC Bank, Lulu Exchange partner to boost cross-border payments between India and Middle East

Middle East News 247 22/02/2023

India’s largest private sector bank – HDFC Bank, and UAE based financial services company – Lulu Exchange, today signed an agreement to strengthen cross-border payments between India and GCC region. In its first phase, the partnership will draw on Lulu Exchange’s expertise and regulatory framework to launch a digital inward remittance service titled ‘RemitNow2India’ that

NEWS DESK GCC UAE

Several Thousand Volunteers from the UAE all Pitch in to Show their Support for Turkey

News Editor 22/02/2023 0

Thousand of volunteers from the UAE come together to aid victims of the Earthquake in Turkey and Syria. The Earthquake which hit Turkey in the town of Gaziantep on the 6th of February 2023 was a 7.8 magnitude and resulted in numerous aftershocks making it one of the deadliest earthquakes in every given year. The UAE has […]

Business

Newly Established “Access to Healthcare Board” Will Transform Access to Healthcare in the Middle East and Africa

Middle East News 247 21/02/2023

DUBAI, United Arab Emirates — Ambitious and passionate healthcare experts from the Middle East and Africa region have formed an advocacy board that will transform access to healthcare through innovative, consistent, sustainable, and customized solutions. The “Access to Healthcare Board” comprises key government, regulatory, private, and societal stakeholders seeking

NEWS DESK GCC Saudi Arabia

Saudi Arabia is in an Unprecedented Partnership with Sandbox to Effect plans for a Future Metaverse.

News Editor 21/02/2023 0

It is official; the Kingdom of Saudi Arabia has partnered with the Sandbox to explore, advise, and support the metaverse development. This move by the Saudi Arabian government is expected as the country has recently been invested in promoting the metaverse to realize its vision for 2030. What are the Specific Details of the Relationship […]

NEWS DESK

Philip Morris Management Services (Middle East) Limited. is recognized as a Top Employer 2023

News Desk 2 07/02/2023

Dubai, United Arab Emirates – 7 February 2023 – The 2023 Top Employers have been announced and Philip Morris Management Services (Middle East) Limited. (PMMS) has been recognized as a Top Employer in the Middle East.  Being certified as a Top Employer showcases an organization’s dedication to a better world of work and exhibits this […]

NEWS DESK GCC Saudi Arabia

“Saudi Is A ‘bright Spot’ For Global Economy,” Says Panel Of Financial Experts And Saudi Ministers

News Editor 04/02/2023 0

Saudi ministers and a panel of finance experts said at the World Economic Forum in Davos that their country is a “bright spot” for a global economy facing a slowdown this year. Finance Minister Mohammed Al-Jadaan claimed that the Kingdom had anticipated the trend of global inflation earlier than other countries. He mentioned that the Saudi government

NEWS DESK

Red Sea Fund Announces 36 Grant Recipients For Production And Post-Production

News Editor 04/02/2023 0

The recipients of the Red Sea Fund’s production and post-production cycles in 2022 were announced by the Red Sea Film Festival Foundation. Grants totaling $1 million will be awarded to complete the production of 36 films by Saudi, Arab, and African filmmakers who are bringing attention to significant stories and new talents in their respective regions.

NEWS DESK GCC Saudi Arabia

Saudi Arabia’s Bid For Expo 2030 Represents “An Investment In The Future Of Saudi’s Citizens, Residents, And Guests,” RCRC Chief Tells Davos

News Editor 04/02/2023 0

Saudi Arabia’s bid for Expo 2030 was, according to Fahd Al-Rasheed, the head of the Royal Commission for Riyadh City, an investment in the future of the city’s citizens, residents, and visitors. Saudi’s Vision For Expo 2030 The future of the Expo 2030 site and its significance to the community is on their minds, he said. It’s […]

Business GCC Saudi Arabia

Techstars, MCIT, RAED Ventures and Saudi National Bank Announce the Continuation of The Riyadh Techstars Accelerator

Middle East News 247 27/01/2023

BOULDER, Colo. — Techstars, one of the largest pre-seed investors in the world, in collaboration with the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia (MCIT), RAED Ventures and Saudi National Bank (SNB) today announce a new partnership to continue The Riyadh Techstars Accelerator. As a part of Saudi Arabia’s emerging

Tech

Emerson Selected to Automate Largest Ethane Cracker

News Desk 2 24/01/2023

Jan. 24, 2023 –Global software and engineering leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar as part of a consortium with Viasat Energy Services, a division of global communications company Viasat (NASDAQ: VSAT). The $6 billion integrated polymers project, a joint venture between

Business GCC Saudi Arabia

This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy

News Editor 21/01/2023 0

India is projected to lose its status as the world’s fastest-growing major economy this year. The Indian Ministry of Statistics and Program Implementation projects that Saudi Arabia’s GDP will develop at a quicker pace than India’s, at 7.6 percent per year, thanks to the continued boost provided by increased earnings from higher energy prices. With growth

Business GCC Saudi Arabia

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan

News Editor 20/01/2023 0

Following the announcement of plans to form a joint technology house, Saudi startups at Pakistan’s largest tech conference are looking toward future collaboration with the South Asian nation. About 50,000 people, including representatives from 500 companies and 200 exhibitors from more than thirty countries (including a delegation from Saudi Arabia), attended Future

Tech

Exhibition In Riyadh Features Rare And Ancient Islamic And Arabic Texts

News Editor 19/01/2023 0

The theological, historical, scientific, and philosophical insights contained in the ancient manuscripts housed at the King Faisal Center for Research and Islamic Studies are invaluable to those seeking to understand the region’s rich past. Librarians, archivists, and curators still pore over these handwritten documents, many of which are elegantly ornamented by

Business GCC UAE

Sheikh Mohammed Reveals Dubai’s 10-Year Growth Strategy

News Editor 19/01/2023 0

Dubai’s Sheikh Mohammed bin Rashid has launched a strategy to make the city one of the top 10 economic powerhouses in the world within the next decade. More than a hundred projects totalling billions of dirhams are part of the Dubai Economic Agenda (D33), according to the Vice President and Ruler of Dubai. One major objective is […]

NEWS DESK

Giti Tire-Powered Formula Middle East Championship Makes Stunning Debut in UAE

News Desk 2 19/01/2023

DUBAI, United Arab Emirates, The inaugural round of the new Giti Tire-powered Formula Regional Middle East Championship Certified by FIA (FRMEC) was dramatic. When the dust settled at the Dubai Autodrome from three sensational races with 27 high-quality, international drivers, a trio of young talents were celebrating victories – despite none of them being in […]

Expo GCC UAE

StoneX Group Inc. joins the iFX EXPO Dubai 2023

News Desk 2 18/01/2023

Steady Growth Steps in the Middle East From January 16th to 18th, 2023, A Fortune 100 company with a nearly 100-year track record, StoneX Group Inc – that serves more than 50,000 commercial, institutional and payments clients, and more than 370,000 retail accounts, from nearly 80 offices across six continents- will be participating in iFX […]