Middle East

NEWS DESK

Help AG’s State of the Market Report 2024 Reveals an Accelerated Growth in Cyber Defense Investments in the GCC

News Desk 05/06/2024

Help AG, an e& enterprise company and the Middle East’s trusted cybersecurity advisor, has launched the 2024 edition of its annual State of the Market Report. Distinguished by its singular focus on the Gulf Cooperation Council (GCC), the report serves as the definitive guidebook on

NEWS DESK

BWHSM HOTELS PRIORITIZES GROWTH IN THE MIDDLE EAST

News Desk 04/06/2024

BWHHotels (BWH) announces plans for significant growth of its portfolio in the Middle East in 2024 and beyond. On the heels of a successful appearance at the Arabian Travel Market in Dubai, which saw BWH execute signings of brand-new management deals in Saudi Arabia, BWH will soon bring eight new hotels and one new branded […]

NEWS DESK

Godrej Security Solutions Strengthens Its Presence in the Middle East; Eyes 20% Growth by FY2025, Focuses on Jewellers’ Community

News Desk 01/06/2024

Godrej Security Solutions, a division of Godrej & Boyce, is strengthening its presence in the Middle East region, with a focus on providing cutting-edge security solutions tailored for the jewellers’ community. With a projected 20% growth by FY2025, the company aims to revolutionize security standards and meet the evolving needs of businesses in the region […]

NEWS DESK

Startups told added value beyond funding is key to breakthrough success

News Desk 31/05/2024

Tech investor Rashit Makhat has advised Middle East startups to look beyond initial funding for the extra support and guidance needed to capitalize fully on their growth potential in a highly competitive market. Makhat, Director and co-founder of UAE tech venture company Scalo Technologies, says founders hoping to make this a breakthrough year should study […]

NEWS DESK

The Middle East Asset Integrity Management Conference (AIMCS) Marked a Resounding Success

News Desk 28/05/2024

The Middle East Asset Integrity Management Conference and Exhibition (AIMCS) 2024 concluded its three-day event at Conrad Abu Dhabi, marking a resounding success in advancing asset integrity management practices across the energy sector in the Middle East. From May 28th to May 30th, AIMCS 2024 brought together more than 500 industry leaders, experts, and practitioners […]

NEWS DESK

TVM Capital Healthcare Announces the Closing of itsSaudi Arabia-Focused TVM Healthcare Afiyah Fund

News Desk 28/05/2024

TVM Capital Healthcare, an international healthcare expansion and growth capital investor, today announced the closing of the TVM Healthcare Afiyah Fund LP at approximately USD 250 million, its second pool of capital in the Middle East.   TVM Capital Healthcare has operated in the Middle East since 2009 and Southeast Asia since 2021. The new […]

NEWS DESK

Orbus Software Expands to Meet Growing Demand in the Middle East with the Launch of New Qatar Platform Node

News Desk 28/05/2024

Orbus Software, a leading global provider of enterprise transformation solutions, today announces the launch of a new Qatar-based node for OrbusInfinity, the leading SaaS platform accelerating business transformation through enterprise architecture management. The node meets the data residency requirements for Qatari government organisations and organisations in highly

NEWS DESK

Silver surged by 4.5% to above $31 – Saxo Bank MENA – Market Report

News Desk 28/05/2024

Commodities: Oil increased as tensions escalated in the Middle East following the death of an Egyptian soldier in a clash with Israeli troops. WTI rose by approximately 1% from Friday’s close to near $79 a barrel, while Brent traded close to $83. Egypt’s military confirmed the death at the Rafah crossing into Gaza, potentially heightening […]

NEWS DESK

Prop-tech Powerhouse Holo Raises Funds to Streamline the Home-Buying Journey

News Desk 27/05/2024

Holo, the largest direct mortgage platform in the Middle East, announces the completion of an oversubscribed funding round. With Series A funding on the horizon, the company, having surpassed targets, decided to extend an opportunity to investors to further invest in the business through a pre-Series A round. The oversubscribed funding round was headed by […]

NEWS DESK

Knight Frank Highlights US$4.3 Billion Investment Gap for 16,301 Psychiatric Beds in Middle East

News Desk 27/05/2024

The Middle East, particularly the UAE and Saudi Arabia, faces an urgent need for additional psychiatric beds to meet the growing demand for mental health services. According to Knight Frank MEA’s Healthcare division’s latest Mental Health Report, an investment budget of USD 4.3 billion is required to fulfil the demand for 16,301 psychiatric beds in […]

NEWS DESK

CANON HOSTS ITS FIRST “CELEBRATING YOU” EVENT IN UAE

News Desk 27/05/2024

Canon Middle East recognized over 100 Managed Printing Services (MPS) customers at an exclusive event in Dubai. Canon’s Managed Print Services (MPS), introduced in the Emirates in 2012, aims to empower organizations across various sectors, including government, education, banking, healthcare, manufacturing, and retail. The “Celebrating You” event in Dubai

Health

Heart Attack Dominates Middle East Life Insurance Claims

News Desk 26/05/2024

According to New Zurich Study Zurich International Life has unveiled the findings of its Customer Claims Paid Report 2024, highlighting the prevailing trends in life and critical illness insurance claims across the Middle East region. Over the past three years, Zurich International Life, a division of Zurich Insurance Group, has disbursed AED772.8 million ($210 million)

Corporate Cybersecurity Interviews

Swiss GRC Brings Advanced GRC Solutions To The Middle East

Arnold Pinto 24/05/2024

Including Customised Digital Asset Swiss GRC, the Lucerne, Switzerland-headquartered Governance, Risk, and Compliance (GRC) specialist, made a significant stride in its global expansion by hosting its inaugural ‘GCC CRC Day 2024’ conference in Dubai City on May 22, 2024. The exclusive event attracted over 100 GRC professionals from the Middle East, indicating the

NEWS DESK

Hong Kong is a gateway between Middle East and China

News Desk 23/05/2024

Hong Kong (HK) has very often been described as a ‘super connector’ and a ‘super value-adder’ between China and countries outside China, says Mr. Paul Lam Ting-kwok, Secretary for Justice of the Hong Kong Special Administrative Region, highlighting HK’s comprehensive professional legal services and its strengths in the rule of law. Speaking at a forum […]

Oman Travel

UN Tourism’s Middle East Members Target Innovation

Arnold Pinto 23/05/2024

50th Meeting Held In Muscat Thirteen member states of the UN Tourism Regional Commission for the Middle East are convening in Muscat, Oman (May 22-24, 2024), with a shared vision of steering the region’s tourism sector towards a future defined by innovation, investment, and inclusivity. The gathering marks the 50th meeting of the UN Tourism […]

NEWS DESK

Qatar to host the 51st UN Tourism Regional Commission Conferencefor the Middle East

News Desk 23/05/2024

A High-level delegation from Qatar Tourism led by His Excellency Mr. Saad bin Ali Al Kharji, Chairman of Qatar Tourism is participating in the fiftieth UN Tourism meeting of the Regional Commission for the Middle East, which is currently held in the capital of the Sultanate of Oman, Muscat. The meetings started 22 May and […]

NEWS DESK

Trinasolar Announces Strategic Partnerships to Advance Renewable Energy in the Middle East and Africa

News Desk 22/05/2024

Trinasolar proudly announces the signing of three transformative distributor partnerships, marking a significant expansion in its reach across the Middle East and Africa. Partnering with Noon for Renewable Energy in Lebanon, Al Takamul Engineering in Palestine, and Golden Sun Solar Solutions in Sudan. Trinasolar is poised to deliver a total of 110MW modules including the

NEWS DESK

Middle Eastern Tourists Drive European Shopping Renaissance with McArthurGlen Leading the Way on Their Travel Itineraries

News Desk 22/05/2024

The allure of European shopping has become an essential component of every traveler’s itinerary from the Middle East, with McArthurGlen Outlets positioned as the market leader in providing unparalleled retail experiences across the continent. In a landmark achievement, Middle Eastern markets emerged as the first market in tax-free shopping at McArthurGlen’s

NEWS DESK

Gaming startups can make the world a better place, says tech investor

News Desk 22/05/2024

Middle East startups in the booming gaming industry have the power to drive positive real-world impact, and a prominent tech investor says they should seize this opportunity to increase their significance. Abdumalik Mirakhmedov, Director and co-founder of UAE tech venture company, Scalo Technologies, says gaming startups are well-positioned to be both profitable and

NEWS DESK

Revolutionizing Vehicle Protection: Stellantis Introduces FlexCare in the Middle East

News Desk 21/05/2024

Stellantis, a global leader in automotive innovation, today announces the launch of Stellantis Brands FlexCare, its latest Vehicle Protection program, tailored specifically for drivers in the Middle East. Stellantis Brands FlexCare embodies Stellantis’ commitment towards the best customer experience, aligning seamlessly with its Dare Forward 2030 strategy for the highest