UAE

Business Corporate

Dubai’s Arena Group Acquires UK’s Showblock

Arnold Pinto 06/05/2024 0

Focus Is On Sustainable Event Solutions Dubai-headquartered Arena Group, a leader in the global event services industry, has completed its acquisition of Showblock, a specialist in sustainable temporary structures based in Warwickshire, UK. The acquisition of Showblock is a pivotal step in

Business

IBM: 42% Of Businesses In The UAE Embrace AI

Arnold Pinto 05/05/2024 0

AI Adoption Rises Exponentially IBM has unveiled the regional insights gleaned from two pivotal studies: Morning Consult’s 2023 Global AI Adoption Index and the biennial consumer study focused on the Middle East and Africa (MEA) conducted by the IBM Institute for Business Value. These studies, considered authoritative sources, offer a sweeping panorama of consumer

NEWS DESK

AARK DEVELOPERS ANNOUNCE AED 4 BILLION PROJECT

News Desk 2 04/05/2024

AARK Developers, based in Dubai, UAE, with over 25 years of collective experience crafting iconic residential and hospitality properties, has announced the launch of its latest project SORA Beach Residences. The spectacular new property situated on the pristine shores of Al Marjan Island, Ras Al Khaimah, is valued at AED 4 billion. The project was […]

NEWS DESK

Ministry of Climate Change and Environment Steps Up Efforts for the Third Phase of Anti-Mosquito Campaign

News Desk 2 04/05/2024

The Ministry of Climate Change and Environment (MOCCAE) has announced enhanced efforts in the third phase of the Anti-Mosquito Campaign in collaboration with the National Emergency, Crisis and Disaster Management Authority (NCEMA), and in partnership with relevant local authorities across the UAE, including municipalities in different emirates. The campaign launched its

Sustainability UAE

Dubai Reef Project Launched To Boost Marine Ecosystem

Arnold Pinto 04/05/2024 0

Initiative Involves 20,000 Reef Modules To bolster Dubai’s marine biodiversity and ecological sustainability, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has inaugurated the Dubai Reef project. Dubai Reef, spearheaded by Dubai Can, is currently the world’s most significant marine reef

NEWS DESK

UAE and Iran hold first session of Joint Economic Committee to promote cooperation in new economy sectors

News Desk 2 02/05/2024

The first session of the Joint Economic Committee (JEC) between the UAE and the Islamic Republic of Iran was held in Abu Dhabi, chaired by H.E. Abdulla bin Touq al Marri, Minister of Economy, from the UAE side and H.E. Mehrdad Bazrpash, Minister of Roads and Urban Development from the Iranian side. The session, which […]

NEWS DESK

chatlyn Expands Presence to the UAE with New Office in Dubai

News Desk 2 02/05/2024

chatlyn, a leading developer of guest experience software focused on travel and hospitality, is excited to announce the opening of its new office in Dubai, United Arab Emirates. This strategic expansion is set to enhance chatlyn’s presence in the Middle East and cater to the growing demand for advanced AI-powered communication solutions in the hospitality […]

NEWS DESK

UAE participates in third Arab Economy and Cooperation Forum

News Desk 2 01/05/2024

The UAE delegation participated in the third session of Arab Economy and Cooperation Forum with Central Asian States and the Republic of Azerbaijan, held in Doha recently under the theme ‘Prospects for mutual cooperation amidst challenges and aspirations.’ The country’s delegation was represented at the forum by H.E. Suhail Mohamed Al Mazrouei, Minister of Energy […]

NEWS DESK

SweetcHome launches property matchmaking service in the UAE

News Desk 2 01/05/2024

SweetcHome, a personalized property matchmaking platform in the UAE, today announced its official launch in Dubai. The new proptech company aims to simplify the real estate search through its first-of-its-kind, tailored home-hunting services and AI matchmaking technology. For the first time in the UAE, tenants who are unhappy with their current home or location will […]

NEWS DESK

Ministry of Economy hosts an array of events aimed at raising awareness on IP rights

News Desk 2 01/05/2024

The Ministry of Economy (MoEc) hosted an array of events in connection with the World Intellectual Property (IP) Day, celebrated this year under the theme ‘IP and SGDs: Building Our Common Future with Innovation and Creativity.’ The initiativeemphasized why IP protection is key to the achievement of Sustainable Development Goals (SDGs) and is a priority […]

NEWS DESK

Al Masaood Announces Exclusive Distributorship for Chinese brand

News Desk 2 30/04/2024

Al Masaood Commercial Vehicles & Equipment (CV&E), part of renowned business conglomerate Al Masaood Group, announced that it has secured exclusive distributorship rights for Dongfeng Commercial Vehicles under Dongfeng Automobile Corporation – one of China’s premier automotive manufacturers. This partnership marks a significant expansion in Al Masaood’s

NEWS DESK

Summer looks hot for short term rental market in UAE

News Desk 2 29/04/2024

Short term let accommodation is set to enjoy a busy summer thanks to theUAE’s diversified entertainment offerings, compelling summer calendar of events,government tourism incentives, and the addition of even more flight routes across AbuDhabi, Dubai and Ras Al Khaimah.Hot off the heels of a record breaking 2023 during which Dubai welcomed 17.15 millioninternational

NEWS DESK

Visa Installment Solution now live for ADIB cardholders at NEOPAY merchant locations in UAE

News Desk 2 29/04/2024

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in partnership with Visa (NYSE: V), a world leader in digital payments, has announced “Visa Installments Solution (VIS)” is officially live for ADIB covered cardholders in the UAE. NEOPAY, the payment subsidiary of Mashreq, becomes the first acquirer to enable VIS at local merchants in […]

NEWS DESK

UAE Firm Wins Prestigious Accolades in USA

News Desk 2 29/04/2024

UAE’s Reputation House, a global leader in online reputation management, revealed that it has won the prestigious Stevie® bronze award in the New York-based ‘American Business Awards’ program for the company’s ‘Reputation House App’ which the jury found a unique innovation in the US market and elsewhere. The jury recognised the App as a result […]

NEWS DESK

OC Home Stands in Solidarity with UAE’s Swift Restoration Efforts

News Desk 2 29/04/2024

OC Home, a youthful, homegrown brand that offers a blend of affordable and chic home décor, stands in solidarity with the UAE’s swift action in restoring normalcy following record-breaking rain fall that wreak havoc across the country. In a gesture of support, OC Home is offering an extra 10% discount on top of the current […]

NEWS DESK

FOREX.com Celebrates a Decade of Achievements in the UAE

News Desk 2 26/04/2024

FOREX.com, part of StoneX Group Inc. (NASDAQ: SNEX), is celebrating 10 years of operations and award-winning service in the United Arab Emirates and the Middle East this year. In the last six years, FOREX.com has earned over 30 awards, including Best High Net Worth Service at the Dubai Forex Expo 2021-2023. Such recognitions and achievements […]

NEWS DESK

Al Masaood Automobiles Supports Customers Affected by Historic UAE Storm

News Desk 2 25/04/2024

Following the unprecedented storm that recently swept across the UAE, Al Masaood Automobiles the authorised distributor of Nissan in Abu Dhabi, Al Ain, and the Western Region, is extending its support to the community by offering Nissan customers an additional 10% discount on service and genuine parts, in damage repairs caused by the extreme weather, […]

NEWS DESK

Best’s Market Segment Report: Underwriting Conditions for UAE Insurers

News Desk 2 25/04/2024

Measures put in place by the United Arab Emirates (UAE) insurance regulator, the Central Bank of the UAE, during 2023 and in early 2024 should ameliorate the relatively poor performance of personal lines insurance and support premium growth in the country, according to a new report from AM Best. The Best’s Market Segment Report, “Underwriting Conditions for […]

Blockchain & Cryptocurrency Web 3.0

Medad Holding And Franklin Templeton In Strategic Partnership

Middle East News 247 25/04/2024 0

To Deploy UAE-Based Yielding Assets Medad Holding and Franklin Templeton (Templeton International) have inked a memorandum of understanding (MoU) to establish a new joint venture in the United Arab Emirates (UAE). The partnership represents a significant milestone in the evolution of digital asset innovation. It aims to introduce a tokenised digital asset from the UAE […]

NEWS DESK

Significant fluctuations in online payment transactions across various sectors

News Desk 2 24/04/2024

In the aftermath of recent severe weather conditions the UAE witnessed, global payments solution provider Checkout.com has conducted a comprehensive analysis revealing significant shifts in transaction volumes across various sectors. The data sheds light on the profound impact of adverse weather on consumer online shopping behaviour and purchasing patterns. Key findings