UAE

Business GCC UAE

Hitachi Energy to supply the UAE’s first charging infrastructure

News Desk 21/02/2023

Dubai, United Arab Emirates, February 21, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has won an order from Admiral Global DMCC, a Dubai regional headquartered e-mobility and energy solutions provider for industries, to supply

Food & Beverage

Irish Food and Drink Exports to the Middle East reports an All-Time High Valued at 1.4 BN AED

Yhuan Mae 21/02/2023

Note to Editors About Bord Bia Bord Bia (Irish Food Board) is the Irish government agency that manages the promotion, trade development and marketing of the Irish food, drink, and horticulture industry. Headquartered in Dublin, Bord Bia supports the national and international ambitions of Irish food, drink and horticulture businesses through its highly focused

NEWS DESK

Raytheon Emirates to Coproduce Coyote® Counter-UAS Interceptor

News Desk 21/02/2023

ABU DHABI, United Arab Emirates, (February 21, 2023) – Today at IDEX, Raytheon Emirates and Tawazun Council announced details of a plan to locally manufacture key elements of the Coyote Counter-UAS interceptor in the UAE with the help of several local defense industry partners. Coyote is an advanced and highly capable counter-UAS interceptor that has […]

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

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 […]

Business

Al Zorah – 2 Billion Dirhams Projects Construction Updates

Middle East News 247 20/02/2023

Ajman, United Arab Emirates — Al Zorah Development Company, a joint venture between the Government of Ajman and Solidere International and the leading holistic real estate master developer of Al Zorah area in the Emirate of Ajman, provides a construction progress report on its current ongoing projects. The year 2022 was an exceptional one for […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Continues to Hold its Hand in the Production of Oil as it Sounds a Cautionary Note

News Editor 18/02/2023

Prince Abdulaziz bin Salaman, the Saudi Arabi minister of Energy, recently declared that the Kingdom would continue to stay its hand in oil production amidst increasing global demands. This move is in response to the predicted hike in the price of oil and the impact it may have on the liquidity of oil markets and […]

NEWS DESK

The United Arab Emirate is to Embark on a New Process for Visa Change for Visitors in the Country

News Editor 17/02/2023

The Federal Authority for Identity, Nationality, Customs and Ports Security in the United Arab Emirates recently announced that it had initiated an intelligent service system that allows visitors within the country to extend the duration of their visas for 60 days upon expiration. Indeed, this initiative is a welcome change in the country as it […]

NEWS DESK GCC UAE

GulfDrug showcases its latest innovations in UAE

News Desk 17/02/2023

Dubai, United Arab Emirates 17 February 2023: UAE’s leading pharmaceutical distributor, GulfDrug continues its tradition of presenting its latest innovations in United Arab Emirates during Arab Health 2023 – the Middle East’s largest healthcare platform. Arab Health allowes GulfDrug’s customers and suppliers to meet and learn first-hand about the emerging

Business

Montfort and the Private Office of Sheikh Ahmed Dalmook Al Maktoum

News Desk 16/02/2023

16 February 2023: Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have agreed to jointly acquire Uniper’s United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC). The parties agreed to not disclose the agreed purchase price, and the acquisition is expected to be […]

Business GCC UAE

UAE and Romania to support investment exchanges

News Desk 16/02/2023

Abu Dhabi, 16 February 2023: H.E. Abdullah Bin Touq Al Marri, Minister of Economy, and Mircea Abrudean, Head of the Chancellery of the Romanian Prime Minister, held a meeting to explore trade and economic cooperation between the two countries in priority sectors, mainly investments. The meeting took place on the sidelines of the World Government […]

NEWS DESK GCC Saudi Arabia

The Public Investment Fund is Set to Place Saudi Arabia on a Path to Increased Growth

News Editor 16/02/2023

Saudi Arabia is to attract local and international opportunities with the inception of the Public Investment Fund. The fund is to promote economic diversification in the country through strategic international and domestic investment. Undoubtedly, the fund will set Saudi Arabia on an increased pace to a significant positive growth curve. Why the Public Investment

NEWS DESK GCC UAE

Medcare Orthopaedics and Spine Hospital launches UAE’s first Integrated cerebral palsy clinic

News Desk 16/02/2023

Dubai – February 16, 2023: Medcare, has announced the launch of the first and only integrated cerebral palsy clinic in the UAE. Located inside the Medcare Orthopaedics and Spine Hospital, the specialised clinic provides multidisciplinary care to patients with cerebral palsy helping them effectively manage their condition. Cerebral palsy is a group of disorders affecting

NEWS DESK

Exotel launches Advanced Enterprise Customer Engagement

News Desk 16/02/2023

Dubai, UAE, 16 February 2023: Exotel, a leading full-stack customer engagement platform, announced the launch of its cloud services in UAE that will raise the bar for customer experience in the region. The organization aims to provide businesses with advanced communication tools to improve customer engagement.  The move is part of Exotel’s efforts to strengthen […]

Business GCC UAE

Abu Dhabi Fund for Development and IFC sign a Cooperation Framework to finance sustainable private sector projects

Middle East News 247 15/02/2023

Abu Dhabi, United Arab Emirates — Abu Dhabi Fund for Development (ADFD) and the International Finance Corporation (IFC), a member of the World Bank Group, signed a Memorandum of Cooperation during the World Government Summit to support investments in emerging markets related to the clean energy transition, climate mitigation and adaptation, the adoption of clean […]

NEWS DESK GCC Saudi Arabia

Saudi Arabias Mega Project, Neom, has Begun Effecting positive Changes in Human Resources within The Country

News Editor 15/02/2023

In 2017, the kingdom of Saudi Arabia made a bold decision in line with its vision 2030. It unveiled its plan to build a smart city – Neom across the desert North-West of the country. The proposed city was to be a spotless one without carbon emissions and cars. Almost six years later, it is […]

Tech Business GCC UAE

Zoho grows 10x over 5 years in the UAE

News Desk 14/02/2023

Dubai—February 14, 2023: Zoho, a global technology company, announced that in the five years since starting its operations in the UAE, which serves as its Middle East and Africa headquarters, the company has grown 10 times in the country, with a 5-year CAGR of 60%. On the sidelines of Zoholics Dubai, the annual user conference […]

NEWS DESK GCC UAE

VAT will remain key sourceof revenue for UAE

News Desk 10/02/2023

Dubai, Feb. 10: Value-added Tax (VAT) will continue being the primary revenue-generating tax for the UAE for the next few years, according to a report published by WTS Dhruva Consultants on the occasion of the fifth anniversary of VAT. The total revenue distributed at the state level in the UAE for VAT has amounted to […]

Business

DEWA is the first utility in the world to enrich its services with ChatGPT technology

Middle East News 247 09/02/2023

Dubai, United Arab Emirates: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) announced that DEWA is working to enrich its services with ChatGPT technology supported by Microsoft. This will make DEWA the first utility globally and the first UAE government entity to use this new technology. This is […]

NEWS DESK

ASUS Republic of Gamers Brings New ROG Strix SCAR 18 to UAE

News Desk 08/02/2023

Dubai, UAE, 8th February 2023 — ASUS Republic of Gamers (ROG) is proud to announce the new ROG Strix SCAR gaming laptop, brand-new designs come to the ROG Strix SCAR 18. The full-fledged gaming laptop now features an updated chassis and a new panel option. The new 16:10, 18” Nebula display laptop is equipped with […]

Business NEWS DESK

Century Financial introduces a series of initiatives in support of the UAE’s ‘Year of Sustainability’

News Desk 08/02/2023

Century Financial is taking a quantum leap in spearheading and rallying the regional financial sector by taking decisive and effective climate actions to ultimately achieve a net-zero future In line with the recent announcement of President Sheikh Mohamed bin Zayed Al Nahyan on declaring 2023 as the Year of Sustainability, Middle-East-based investment services company