Middle East

NEWS DESK

Social Development Bank To Provide $6 Billion In Loans To SMEs Over The Next Three Years

News Editor 22/03/2023 0

According to a senior official, Saudi Arabia’s Social Development Bank plans to provide SR24 billion ($6.3 billion) in funding to small and medium-sized businesses over the next three years as Saudi Arabia gradually diversifies its economy to meet the objectives outlined in Vision 2030.

NEWS DESK

ACINO ANNOUNCES INTEGRATION OF PHARMAX PHARMACEUTICALS

News Desk 2 20/03/2023

20th March 2023: Acino, a Swiss pharmaceutical company headquartered in Zurich, today announced the integration of Pharmax Pharmaceuticals, a UAE-based manufacturer and distributor of high-quality medications. Both companies are owned by ADQ, an Abu Dhabi based investment and holding company. With the integration of Pharmax, Acino will add over 100 employees and a GCC and

NEWS DESK GCC UAE

UAE Unveils New Program To Promote Emiratisation In Manufacturing, Industry, And Technology

News Editor 20/03/2023 0

The Industrialist Program is a new UAE initiative that aims to increase Emiratisation in the industrial sector and improve the region’s capabilities. The initiative was made possible by an MoU signed by the Ministry of Industry and Advanced Technologies (MoIAT), the Ministry of Human Resources and Emiratization (MoHRE), and the Emirati Talent Competitiveness

NEWS DESK GCC Saudi Arabia

Saudi’s Potential To Take The Lead In Carbon Capture On The Road To Net-zero Emissions

News Editor 19/03/2023 0

As nations throughout the world step up their efforts to achieve net-zero carbon emission objectives and mitigate the effects of climate change, oil, and gas-producing nations, in particular, are under great pressure to quickly shift to green energy sources. According to Bloomberg, $6.4 billion will be invested globally in carbon capture and storage projects this […]

NEWS DESK GCC UAE

Dubai Foundation Signs MoU With UNESCO’s Regional Centre for Excellent Education

News Editor 18/03/2023 0

The HRMFDAP and the UNESCO Regional Centre for Quality and Excellence in Education have agreed to work together more closely in the areas of education and research by signing an MoU. The agreement was signed at the Mohammed Bin Rashid Library on the margins of the World Conference for Innovation in Education, which was hosted by HRH Sheikh Mohammed […]

NEWS DESK GCC UAE

The UAE’s Ministry of Education Will Train Educators In AI Tutoring

News Editor 17/03/2023 0

The UAE Ministry of Education is advancing artificial intelligence in education. A policy that will guide academics and teachers on how to employ language models for generative AI is currently being put together. In this approach, tutoring powered by AI will be used in all of the schools in the Emirates. Dr. Ahmad Belhoul Al […]

Business

Netcracker Showcases Leadership and Expansion in the Middle East at FutureNet MENA 2023

Middle East News 247 17/03/2023

WALTHAM, Mass. — Netcracker Technology announced today that it continues its commitment to customers in the region – including du, Etisalat by e&, stc, Vodafone Oman and Zain KSA – by participating in FutureNet Middle East & North Africa 2023 on Monday, March 20 at the Sofitel Jumeirah Beach in Dubai. Netcracker is a Gold Sponsor of the […]

NEWS DESK Tech

GISEC Global 2023 boosts cyber resilience

News Desk 2 14/03/2023

Dubai, UAE, 14 March 2023:  GISEC Global 2023, the Middle East’s largest and most impactful cybersecurity event, opened today at the Dubai World Trade Centre (DWTC), bringing together the cybersecurity industry’s leading brands and experts to boost the cyber resilience of the region’s growing digital economy. H.E. Dr. Mohamed Al-Kuwaiti, Head of the UAE Cybersecurity

NEWS DESK

Owlet launches in the Middle East

News Desk 2 14/03/2023

Parenting technology and lifestyle brand Owlet has launched in the Middle east, bringing its innovative and award-winning technology to the parents for the first time. Launching with two hero products, the Owlet Smart Sock and the Owlet Cam video monitor, Owlet’s technology is already trusted by over 1.5 million parents globally, providing reassurance over the […]

NEWS DESK

HYATT CHAMPIONS WOMEN ACROSS THE MIDDLE EAST

News Desk 2 13/03/2023

DUBAI, UNITED ARAB EMIRATES, MARCH 2023: Empowering women to fulfil their full potential is a vital part of Hyatt’s strategy for talent growth and success. Hyatt has launched two pioneering initiatives including Women@Hyatt, a globally dedicated Diversity Business Resource Group, and the Inspirit Mentorship Program, created and exclusively in the EMEA region, to support

NEWS DESK GCC UAE

UAE Astronaut Sultan AlNeyadi To Spend Six Months On The ISS: What You Need To Know

News Editor 12/03/2023 0

Sultan AlNeyadi, an astronaut from the UAE, will be the first Arab to go on a long-term space mission. He will spend six months with other crew members on the International Space Station, a laboratory in orbit 400 kilometres above Earth. As the new target date for SpaceX Crew-6 Dragon Endeavour’s launch on a Falcon 9 rocket […]

NEWS DESK GCC Saudi Arabia

Biban, The Largest Entrepreneurship Conference In Saudi Arabia, Will Offer $2.7 Million In Prizes At Biban 2023

News Editor 11/03/2023 0

More than $2.7 million will be awarded in a dozen new competitions and “hackathons” at Biban 2023. Biban is Saudi Arabia’s largest entrepreneurship forum, created to inspire businesses to showcase their entrepreneurial ventures. The Biban 2023 event will be held at the Riyadh Front Exhibition & Convention Center from March 9 to March 13. It intends to

NEWS DESK GCC Saudi Arabia

LEAP 2023: Saudi Arabia’s Tech Sector, $9 Billion in Investments

News Editor 10/03/2023 0

Every year, Saudi Arabia holds one of the most significant lt events for Saudi Arabia’s tech sector. It is a 3-day event that offers stakeholders the chance to present new and disruptive technologies to over 100,000 attendees worldwide. The country always commits to expending significant investment infrastructure to the tech sector; this year’s edition is […]

NEWS DESK GCC Saudi Arabia

Humanitarian Forum In Riyadh Promotes Innovation, AI Usage In Disaster Response

News Editor 09/03/2023 0

At the heart of the Riyadh International Humanitarian Forum was the need to reduce funding gaps in humanitarian aid and use science and innovation for quicker response and coordination. This third forum was put together by the United Nations and its humanitarian groups with help from the King Salman Center for Relief and Humanitarian Aid. The event took […]

NEWS DESK GCC Saudi Arabia

Najran, Saudi Arabia, Restores And Preserves Old Mud Homes And Palaces

News Editor 08/03/2023 0

In an endeavour to safeguard its cultural heritage, the city of Najran is currently working to restore the mud dwellings, castles, and palaces in 33 of its old villages in the hopes of turning them into a future rural tourism attraction. Locals and owners of historic homes have taken the lead on restoration efforts as a patriotic […]

NEWS DESK

Du And Huawei Sign An Agreement For The 5.5G Initiative

News Editor 07/03/2023 0

In a world where technology never stops evolving, the UAE is proving to be a true pioneer. While other countries are still trying to catch up with the latest 5G technology, the UAE is already making strides toward paving the way for 6G. The UAE is actively working toward introducing the 6G network by 2030. […]

NEWS DESK

Toxin-free baby skincare Dabdub lands in the Middle East

News Desk 2 07/03/2023

Baby skincare is one of the most important products a mother must decide on before the birth of her children. Ticking off all the essentials of a great and safe baby skincare – nourishment, toxin-free, and gentle – Dabdub is now the region’s first homegrown CLEAN baby skincare brand born straight out of the UAE.   […]

NEWS DESK

Fluke launches all-in-one PV tester – SMFT-1000

News Desk 2 07/03/2023

March 7, 2023: Fluke, a leading provider of safe, rugged, and reliable industrial tools and integrated software, has launched its innovative solar tool, Solar Multifunction Tester 1000 (SMFT-1000), in the Middle East market at the Middle East Energy 2023. Equipped with best-in-class hardware and software integration, the SMFT-1000 streamlines PV installation,

Business GCC UAE

Pacific Prime Dubai Wins Cigna Middle East’s Individual Broker of the Year Award for the Third Time

Middle East News 247 07/03/2023

DUBAI, United Arab Emirates — Global insurance brokerage and employee benefits specialist Pacific Prime is proud to win Cigna Middle East’s Individual Broker of the Year Award 2022, marking the brokerage’s third consecutive year winning the award. The team from Cigna presented the award on February 15th, 2023 at Dubai Creek Golf and Yacht Club’s […]

Business

Gradiant Acquires Advanced Watertek to Expand Manufacturing Capabilities and Fuel Middle East Growth

Middle East News 247 07/03/2023

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