United Arab Emirates

Business GCC UAE

LG LAUNCHES NEW LINE-UP OF PREMIUM BUILT-IN HOME APPLIANCES IN THE UAE

Middle East News 247 13/06/2023

Dubai, United Arab Emirates — LG Electronics (LG) announced the launch of its new line-up of built-in home appliances in the UAE. It includes premium ovens, hoods, electric and gas cooktops with a versatile, elegant design and easy controls, all built to revolutionize the way people cook and

Business

LG’S CUTTING-EDGE WASHING MACHINES AND DRYERS FOR UNPARALLELED CLEANING RESULTS

Middle East News 247 08/06/2023

Dubai, United Arab Emirates — LG Electronics (LG)takes immense pride in presenting its best-in-class washing machines and dryers, setting new standards for superior cleaning performance. With a relentless commitment to innovation, LG has developed these appliances to deliver unparalleled results that go beyond ordinary laundry care. Whether you opt for a front-load or

Business

Falcon 40B: World’s Top AI Model Rewards Most Creative Use Cases in Call for Proposals with Training Compute Power

Middle East News 247 07/06/2023

Abu Dhabi, United Arab Emirates — Falcon 40B, the world’s top-ranked open-source AI model on the Hugging Face leaderboard for large language models (LLMs), is registering an overwhelming response to a Call for Proposals from scientists, researchers, and SME entrepreneurs keen to deploy the model for innovative use cases. The response follows back-to-back announcements from

Business

FXCM Pro partners with Your Bourse to provide ultra-low latency execution

Middle East News 247 07/06/2023

DUBAI, United Arab Emirates — FXCM Pro, the institutional arm of FXCM, the leading international provider of online foreign exchange trading, CFD trading and related services, has partnered with Your Bourse, a leading software solutions provider for retail and institutional MT4/MT5 brokers, to provide ultra-low latency execution. Your Bourse’s flagship product,

Business GCC UAE

Aquanow awarded Initial Approval from Dubai’s Virtual Assets Regulatory Authority

Middle East News 247 06/06/2023

DUBAI, United Arab Emirates — Aquanow, a leading digital assets infrastructure provider, announced today that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA), while it undertakes the in-depth process of applying for a license in accordance with VARA requirements. Aquanow was granted initial approval by VARA, following a demonstration

Business GCC UAE

TCL Electronics unveils latest QLED TV and smart home appliances in UAE

Middle East News 247 05/06/2023

Dubai, United Arab Emirates — TCL, the world’s top 2 TV brand and top 1 98-inch TV brand, today unveiled its latest multi-category products for the Middle East and Africa (MEA) market at an exclusive launch event in Dubai. TCL also announced its partnership with Arsenal Football Club as the Official Regional Consumer Electronics Partner […]

Business GCC UAE

Child restraint systems: Lack of ownership, usage and knowledge remain a key issue of road safety in the UAE

Middle East News 247 01/06/2023

Dubai, United Arab Emirates — CYBEX, a leading German car seats and stroller brand and RoadSafetyUAE announce their partnership to address an important topic of road safety. The partners analysed the data of 3 research waves conducted before and after the introduction of the holistic seat belt law in 2017 and come forward with their […]

Business

Banking Powerhouse SBI Commits to Empowering XDC, Expanding XDC Network’s Footprint in Japan

Middle East News 247 31/05/2023

Abu Dhabi, United Arab Emirates — XDC Network ( represented by TradeFinex Tech Ltd) is pleased to announce its partnership with SBI VC Trade Co. Ltd., a prominent Japan’s cryptocurrency exchange within the SBI Group. This strategic collaboration marks a significant milestone for XDC Network as it expands its ecosystem in the Japanese market. XDC […]

Business GCC UAE

LG UNVEILS NEXT-GENERATION OLED EVO TVS IN THE UAE

Middle East News 247 30/05/2023

Dubai, United Arab Emirates — LG Electronics (LG) has announced the launch of its highly anticipated LG OLED evo G3, CS3, and C3 Smart TVs in the UAE. Offering an unparalleled viewing experience with stunning image quality, these latest additions to LG’s OLED evo range represent the pinnacle of LG’s OLED technology. LG OLED has […]

Business GCC UAE

UAE’s Falcon 40B Dominates Leaderboard: Ranks #1 Globally in Latest Hugging Face Independent Verification of Open-source AI Models

Middle East News 247 29/05/2023

Abu Dhabi, United Arab Emirates — Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation Institute (TII) last week, soared to the top spot on Hugging Face’s latest Open Large Language Model (LLM) Leaderboard. Hugging Face, an American company seeking to democratize artificial intelligence through

Business GCC UAE

Calling innovators and industry leaders: Secure your spot at WETEX and Dubai Solar Show 2023

Middle East News 247 25/05/2023

Dubai, United Arab Emirates — Dubai Electricity and Water Authority (DEWA) has started receiving applications from exhibitors and companies from around the world to participate in the 25th Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show (DSS). The exhibition is organised by DEWA under the directives of HH Sheikh Mohammed bin Rashid […]

Business

Burjeel Medical City Launches Advanced Gynecology Institute to Offer Complex Care Solutions for Women

Middle East News 247 24/05/2023

Abu Dhabi, United Arab Emirates — Burjeel Medical City, the flagship facility of Burjeel Holdings, has launched an Advanced Gynecology Institute (AGI) designed to offer multidisciplinary healthcare solutions to women of all ages. The launch comes just months after the hospital joined hands with the globally renowned Franco-European Multidisciplinary Institute of

Business

ANGHAMI FILES 2022 ANNUAL REPORT WITH 37% REVENUE GROWTH & ANNOUNCES Q1 2023 RESULTS WITH 60% IMPROVEMENT IN EBITDA

Middle East News 247 18/05/2023

Abu Dhabi, United Arab Emirates — Anghami Inc. (NASDAQ: ANGH) (the “Company” or “Anghami”), the leading streaming platform for music and entertainment in the Middle East and North Africa (MENA) region, has announced its unaudited preliminary results for Q1 2023, ending March 31, 2023. Despite facing currency-related challenges in Egypt and Lebanon, Anghami successfully

Business

CHIEF COMPLIANCE OFFICERS NEED TO ACCELERATE THE ADOPTION OF AI FOR CREATING EFFICIENT FCC ORGANIZATIONS

Middle East News 247 17/05/2023

Dubai, United Arab Emirates — Compliance business has successfully leveraged digitization and robotization for seeking impact. It’s time to focus on artificial intelligence to gain on the overall process efficiency. Effiya Technologies partnered in the ‘FINTELEKT AML/CFT 12TH ANNUAL SUMMIT’, conducted in Mumbai, on 11th May 2023. Financial crimes are rising and becoming

Business

ROCK YOUR PARTY WITH LG’S NEW XBOOM XL7S SPEAKER

Middle East News 247 16/05/2023

Dubai, United Arab Emirates — LG Electronics (LG) has announced the launch of its latest addition to the XBOOM series, the LG 2023 XBOOM XL7S Party Speaker. With its powerful audio performance producing immense sound, booming bass and clear high notes, the XBOOM XL7S is set to transform any party or event into an unforgettable […]

Business

UK’s Nurse Margaret wins the coveted Aster Guardians Global Nursing Award 2023

Middle East News 247 15/05/2023

Dubai, United Arab Emirates — Margaret Helen Shepherd from UK has been announced as the winner of the Aster Guardians Global Nursing Award 2023 in a prestigious award ceremony held at Queen Elizabeth II Centre in London. The winner was announced by Dr. Azad Moopen, Founder Chairman and Managing Director of Aster DM Healthcare and […]

Business

REVOLUTIONIZING THE FUTURE OF SMART HOMES

Middle East News 247 11/05/2023

Dubai, United Arab Emirates — The idea of a smart home has been around for some time, but with the rise of advanced technology, it is becoming more of a reality than ever before. With smart living being a growing trend, LG Electronics (LG) is committed to providing consumers with an all-around better quality of […]

Business

POCO dazzles tech fans with the latest F-series flagship products

Middle East News 247 11/05/2023

Dubai, United Arab Emirates — POCO, a popular technology brand among young tech enthusiasts, unveiled the F5 series of mobile devices specially designed for gaming geeks, photography enthusiasts, and tech lovers. In the last five years, POCO has developed and delivered what fans want through technological exploration and refinement. The flagship line now includes two […]

Business

ACTION-FILLED FUN WITH THE LG ULTRAGEAR™ MONITOR FEATURING OLED TECHNOLOGY

Middle East News 247 08/05/2023

Dubai, United Arab Emirates — LG Electronics (LG) continues to push the boundaries of immersive gaming experiences and cement its position as a leader in the gaming monitor market. Experience the breathtaking speed you require with the LG UltraGear™ monitor, a massive 45” 21:9 display that features LG’s state-of-the-art OLED technology for stunning picture quality.

Business

The Middle East Is the Fastest Growing Real-Time Payments Market Globally, Finds ACI Worldwide Report

Middle East News 247 03/05/2023

DUBAI, United Arab Emirates — Middle East is fast becoming the global hotspot for the real-time payments revolution sweeping the globe. The region is the fastest-growing real-time payments market globally, with transactions in the region expected to grow from $675 million in 2022 to $2.6 billion by 2027, representing a compound annual growth rate (CAGR) […]