Middle East

NEWS DESK

Baseball United to Build Middle East’s First-Ever Professional Ballpark

News Desk 1 03/09/2024

Baseball United, the first professional baseball league focused on the Middle East and South Asia, announced today its plans to build the first professional baseball field and ballpark in the history of the region. The new ballpark will be constructed within The Sevens sports and entertainment

NEWS DESK

AL TAYER MOTORS IS FIRST PARTNER TO SIGN EV BRAND DEEPAL IN THE MIDDLE EAST

News Desk 1 03/09/2024

Al Tayer Motors, one of the UAE’s premier automotive dealerships, is the first in the Middle East to sign an agreement to distribute Electric Vehicle (EV) brand DEEPAL in the country. Al Tayer Motors will establish a network of sales and service facilities for DEEPAL, a pioneering brand in green mobility, with an inaugural showroom […]

Automotive Saudi Arabia

Changan Automobile capitalises on Middle East market

Arnold Pinto 02/09/2024 0

With new launches and strategic developments One of China’s top four automotive groups, Changan Automobile, has launched its all-new UNI-S, Avatr, and Deepal models in Saudi Arabia. This is the trio’s official unveiling for the oil-rich Middle East region. At its 2024 Middle East and Africa Brand Event, held in Riyadh, Saudi Arabia, on August […]

NEWS DESK

Gulf Capital Sells its Strategic Stake in Middle East Glass

News Desk 1 02/09/2024

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has sold its strategic stake in Egypt-listed Middle East Glass S.A.E. (MEG) to the majority shareholder of the business, MENA Glass Holdings Limited. Gulf Capital’s growth investment enabled MEG to become the largest […]

Defence & Security

US Navy rescues 2 Iranians in Gulf of Oman

Arnold Pinto 01/09/2024 0

Given humanitarian assistance at sea The US Navy rescued two Iranian civilian sailors in the Gulf of Oman on August 23, 2024. The Iranians were rescued by personnel from the USS Theodore Roosevelt Carrier Strike Group 9 (CSG9), currently engaged in routine operations in the area. According to US Central Command (USCENTCOM), on August 23, […]

NEWS DESK

Newgen Software launches world’s first low-code, end-to-end trade finance platform in Middle East

News Desk 1 29/08/2024

Newgen Software Technologies Ltd., a global provider of low-code digital transformation solutions, has launched its trade finance platform in the Middle East. Banks and financial companies from across the region can now use Newgen’s cutting-edge platform to unify and digitise disparate and rigid legacy systems, enabling them to achieve scale and efficiency while unlocking

NEWS DESK

CyberKnight Signs Partnership with Digital.ai to Enhance Application Security in the Middle East

News Desk 1 28/08/2024

Organizations are fast adopting DevOps practices to enable faster delivery of customer value and agility at scale. However, security has often been viewed as a problem to fix later and not a requirement to factor into the pipeline, making it difficult to ensure that infrastructure and environments meet security and regulatory requirements without sacrificing speed. […]

NEWS DESK

flynas Launches Extensive Expansion in the UAE Market with Eight New Destinations and Routes as of September

News Desk 1 27/08/2024

flynas, the leading low-cost airline in the world and the best LCC in the Middle East, is gearing up to launch a bunch of new direct destinations and routes between KSA and UAE at the beginning of September, extensively expanding its network in the UAE market to be the largest air carrier serving the four […]

NEWS DESK

A first in the Middle East: Chalhoub Group’s the deal pioneers Generative AI in Back-To-School campaign

News Desk 1 27/08/2024

Chalhoub Group’s unique designer fashion outlet, The Deal, has taken a pioneering step by using Generative Artificial Intelligence (Gen AI) to create its latest back-to-school campaign. Launched in partnership with a cutting-edge startup specialising in Generative AI to produce high-quality marketing assets, as well as Chalhoub Group’s in-house Tech team and content

NEWS DESK

Data Breach Costs for Businesses Continue Their Upward Trajectory in the Middle East Reaching an Average of SAR 32.80 Million

News Desk 1 26/08/2024

IBM (NYSE: IBM) released its annual Cost of a Data Breach Report revealing the average cost of a data breach for businesses in the Middle East reached SAR 32.80 million in 2024. This represents an increase of nearly 10% this year, from SAR 29.90 million in 2023. According to the organizations analyzed, the top three factors that […]

NEWS DESK

Xsolla and Savvy Games Group Sign Memorandum of Understanding to Further Video Game Development in the Middle East

News Desk 1 26/08/2024

Xsolla, a global video game commerce company, today announced the signing of a Memorandum of Understanding (MoU) with Savvy Games Group (“Savvy”), Saudi Arabia’s National Champion for Games and Esports, to advance the Kingdom’s Vision 2030 and to create economic opportunities for game developers in the Middle East and around the world. The strategic partnership

Defence & Security

USS Abraham Lincoln CSG enters USCENTCOM AOR

Arnold Pinto 23/08/2024 0

Poised to deter any Iranian aggression The USS Abraham Lincoln Nimitz-class nuclear-powered aircraft carrier equipped with F-35C and F/A-18 Block III fighter aircraft has entered the US Central Command (USCENTCOM) area of responsibility (AOR). The USS Abraham Lincoln, the flagship of US Carrier Strike Group (CSG) 3, is accompanied by the guided-missile cruiser USS Mobile

NEWS DESK

ValueFirst partners with MoEngage to enable seamless conversations between enterprises and consumers in the Middle East

News Desk 1 22/08/2024

ValueFirst, the leading CPaaS company in the Middle East, has partnered with MoEngage, the top insights-led customer engagement platform. This strategic alliance aims to help enterprises drive personalized, insights-led customer engagement and enhance their operations. With this partnership, ValueFirst will join the MoEngage Catalyst Partner Program, which aims to help

Business UAE

Rodenstock unveils AI-powered B.I.G. Norm lenses for the Middle East

Arnold Pinto 22/08/2024 0

Result of 500,000+ biometric eye scans Rodenstock, a global leader in eye health innovation and manufacturer of biometric ophthalmic lenses, has launched its all-new B.I.G. Norm lenses, biometric intelligent glasses powered by artificial intelligence (AI), in the Middle East market. The regional launch is in partnership with Egma, a leading ophthalmic lens company based in

Corporate

Transworld Business Advisors expands GCC operations

Arnold Pinto 20/08/2024 0

Reinforcing growth and advisory services Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, has extended its operations in the Gulf Cooperation Council (GCC) region. The move sees West Palm Beach, Florida-headquartered Transworld, extending its services beyond the United Arab Emirates (UAE) to include Saudi Arabia, Kuwait, Bahrain,

Defence & Security

Pentagon: US keen to deter regional war in Middle East

Arnold Pinto 15/08/2024 0

40,000 US troops in CENTCOM area Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder has outlined the latest developments in the US strategy to address mounting tensions in the Middle East and prevent the escalation of conflict in the region. Addressing a press conference in Washington, DC, Ryder reiterated that the US has deployed […]

NEWS DESK

Oil Eases After Five-Day Rally Amid Middle East Tensions and OPEC Demand Cut – APM Capital Market Report

News Desk 1 14/08/2024

Mark Pussard, Head of Risk, APM Capital Commodities Oil prices eased off a little on Tuesday after five straight winning sessions as supply risks posed by widening Middle Eastern conflict were tempered by demand concerns a day after OPEC cut its forecast for demand growth in 2024. Benchmark Brent crude futures were down $1.32, or […]

Defence & Security

US closely monitoring volatile situation in the Middle East

Arnold Pinto 14/08/2024 0

Continues deploying military assets to the region Pentagon Press Secretary Maj. Gen. Pat Ryder held a press briefing in Washington, DC, on August 12, 2024, to address the heightened military posture and recent developments in the Middle East. The briefing came as the United States intensifies its efforts to de-escalate regional tensions and support its […]

Appointments Logistics

Magma Aviation appoints Peter Kerins as new CEO

Arnold Pinto 13/08/2024 0

2 new freighters added to air cargo fleet Magma Aviation, a leading air cargo solutions provider, has appointed Peter Kerins as its new CEO. With over 30 years of experience in aviation and logistics, Kerins will spearhead the London, UK-backed company’s global expansion and operational strategy. Kerins’ career began in freight forwarding sales in 1991 […]

NEWS DESK

Experience the Magic of Manifestation: Roxie Nafousi to Host Her First Middle East Event

News Desk 1 13/08/2024

Renowned self-development coach, inspirational speaker, and manifesting expert Roxie Nafousi, who is acclaimed as “the manifesting queen” by Forbes and the Financial Times, is set to host her first-ever event in the Middle East. Presented by MAC Global, the highly anticipated live event will take place on Wednesday 16 October at the prestigious Zabeel Theatre […]