LuLu Exchange Marks Milestone with Grand Opening of the 100th Customer Engagement Centre in the UAE
Dubai, United Arab Emirates — LuLu Exchange, a leading financial services provider, proudly commemorates its growth and success with the inauguration of the 100th customer engagement centre at Q1 Mall, Al Warqa, Dubai. This historic achievement reinstates the company’s commitment to enhancing customer experience and expanding its reach in the region. The newly opened customer […]
Uptime Appoints Mustapha Louni Chief Business Officer
NEW YORK — Uptime Institute is pleased to announce the appointment of Mustapha Louni to the position of Chief Business Officer, a role specifically created to drive strategic leadership and client success. In this new role, Mr. Louni will assume responsibility for the global Uptime sales and marketing organizations and drive overall business value for […]
Andalusia Labs Secures $48 Million in Series a Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi
Abu Dhabi, United Arab Emirates — Andalusia Labs, formerly known as RiskHarbor, the global leader in risk management infrastructure for digital assets, has successfully raised $48 million in Series A funding round, positioning the company’s equity valuation north of $1 billion. Prominent Silicon Valley venture capital firm Lightspeed Venture Partners led the round with participation […]
Child seat focus: RoadSafetyUAE and CYBEX amplify Dubai Police’s recent campaign
Dubai, United Arab Emirates — Earlier in November this year, Dubai Police renewed their awareness push to educate parents about their legal obligation to buckle up their children. Dubai Police announced that in the emirate, two children died this year, and a further 45 were seriously injured, in 47 traffic accidents. Thomas Edelmann, Managing Director […]
Pierre Choueiri outlines key challenges facing Arab media at the recently held Global Media Congress
Abu Dhabi, United Arab Emirates — On the second day of the recently held Global Media Congress in Abu Dhabi, Choueiri Group’s Chairman and CEO, Pierre Choueiri, was interviewed during an insightful fireside chat with Lenah Hasaballah, Editor CNN Business Arabic (U.A.E.) The interviewer highlighted the traditional role of the media sector in preserving Arab […]
MIRAI JMAC & Royal Family Office of UAE Announce Formation of MIRAI Capital Global With Its First Tranche of USD 1.5 Billion Investment Fund for ASIA-USA-UAE Corridor
NEW DELHI, India & DUBAI, United Arab Emirates & SAN FRANCISCO — MIRAI JMAC, a leading advisory and consulting firm, announced the creation of MIRAI Capital Global with an initial corpus of USD 1.5 Billion in a strategic partnership with the UAE Royal Family Office (RFO) of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi. This marks […]
World Wide Technology Expands Global Presence to the United Arab Emirates to Accelerate Global Growth
ST. LOUIS — World Wide Technology (WWT), one of the largest privately held, technology innovation companies, has today announced it will be expanding to the Middle East and will begin to establish its innovation gateway presence in Masdar City, Abu Dhabi. This strategic expansion follows WWT’s recent partnership with the Cyber Security Council of the UAE […]
KFSH&RC Unveils its Cutting-Edge Approach to Elevating the Patient Treatment Experience at the Global Health Exhibition
RIYADH, Saudi Arabia — At the 2023 Global Health Exhibition in Riyadh, King Faisal Specialist Hospital and Research Centre (KFSH&RC) is presenting its advanced approach to elevating the patient treatment journey. By harnessing state-of-the-art digital healthcare solutions, the hospital has showcased the role of such tools in enhancing healthcare outcomes and operational efficiency across diverse […]
etisalat by e& Partners with Netcracker on the Largest Full-Stack BSS Transformation Project in the Middle East
WALTHAM, Mass. — Netcracker Technology and etisalat by e& announced today a strategic partnership for a large-scale, multi-year BSS transformation project delivering innovation across the business and all customers. etisalat by e& was founded in Abu Dhabi more than four decades ago and is UAE’s first telecommunications company. The company has been on a journey to transform […]
Employee Benefits Critical for Talent Retention in Evolving Middle East Workforce – Zurich Survey reports
Dubai, United Arab Emirates — The evolving state of the work landscape in the Middle East, particularly in the United Arab Emirates (UAE), is undergoing significant changes. With one in four employees switching jobs in the past year, retaining talent is becoming a top priority for employers. New research, commissioned by Zurich International Life in […]
Middle East Travel Industry Experts Convene at the Prestigious Global MICE Congress in Moscow
Dubai, United Arab Emirates – A large-scale international event in the field of business tourism Meet Global MICE Congress took place in Moscow from 6 to 8 October, attracting over 300 industry experts from 14 countries, including Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, Oman, India, and China. This influential gathering served as a pivotal platform […]
Intella Secures $3.4M in Pre-Series A Funding Round Led by HALA Ventures and Saudi Aramco’s Wa’ed Ventures
Riyadh, Saudi Arabia — Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round. The round was led by HALA Ventures and Wa’ed Ventures, the Kingdom-focused venture capital fund wholly owned by Aramco, with participation from Sanabil500 and INSEAD’s alumni angel network, along with other investors. The new funding […]
Featuring a Fresh Breed of Young Content Creators and Creative Storytellers, blinx Digital Media Hub Launches to Empower Middle Eastern Youth with Elevated Storytelling and News
DUBAI, United Arab Emirates — Today marks the launch of blinx, the new digital media hub in the Middle East, empowering Middle Eastern youth with the finest in digital storytelling and news stories, offering fresh perspectives, and connecting Gen Z and Millennials across multiple screens, platforms, and smart devices. ‘More Story, Less Noise’: A Vision for […]
KuppingerCole Names Veracode an Overall Leader for Software Supply Chain Security
BURLINGTON, Mass. — Veracode, a leading provider of intelligent software security solutions, today announced it has been named an Overall Leader in the inaugural Software Supply Chain Security (SSCS) Leadership Compass 2023 by KuppingerCole Analysts AG. The report assesses vendors based on innovativeness, market position, financial position, and tech ecosystem. Veracode is also positioned as […]
Leapmotor Debuts Global Product C10 and New Technologies at Munich, Launches Global Strategy
MUNICH — On September 4th, Leapmotor made its debut at the IAA MOBILITY 2023 (hereinafter referred to as “Munich Motor Show”), where the “LEAP TOGETHER: Shaping a Shared Technological Future” global press conference was held. The event comprehensively showcased the latest achievement of all-domain in-house development, Leap 3.0 architecture, and the inaugural global model, the […]
Hoffmann Green Signs Its First Licensing Agreement in Saudi Arabia With the Shurfah Group
CHAILLÉ-SOUS-LES-ORMEAUX, France — Hoffmann Green Cement Technologies (ISIN: FR0013451044, Mnemo: ALHGR) (Paris:ALHGR) (“Hoffmann Green Cement” or the “Company”), an industrial player committed to the decarbonation of the construction sector that designs and markets innovative clinker-free cements, announces the signature with the Shurfah Group of a 22-year exclusive licensing agreement in order to build several Hoffmann […]
Seclore and Nagarro Unveil Joint Secure Collaboration Solution for Enhanced Data Security and Compliance
SANTA CLARA, Calif. — Today Seclore, the leading provider of data-centric security solutions, announced in partnership with Nagarro, a global digital engineering leader, the general availability of the Nagarro-Seclore Secure Collaboration Solution. This joint solution offers businesses safe, effective, and compliant collaboration, bridging the divide between organizations and their external partners for more efficient and secure business […]
Zayed Sustainability Prize’s Beyond2020 Initiative Secures Clean Water for 9,000 Rural Ethiopians
Abu Dhabi, United Arab of Emirates — Beyond2020, the UAE-driven humanitarian initiative launched by the Zayed Sustainability Prize and its partners, has improved access to safe drinking water for 9,000 people in the rural villages of Walessa, Holte, and Gato in Dirashe District, Ethiopia. Six shallow wells with solar pumps have been installed in the […]
Menlo Security™ Redefines Browser Security with Industry-First AI-Powered Phishing and Ransomware Protection
MOUNTAIN VIEW, Calif. — Menlo Security, Inc. (“Menlo Security”), a leader in browser security, today announced HEAT Shield™ and HEAT Visibility™, the industry’s first suite of threat prevention capabilities designed to detect and block highly evasive threats targeting users via the web browser. Menlo Security HEAT Shield™ detects and blocks phishing attacks before they can […]
2022 MOI Road Statistics Released – Less Fatalities, but More Injured and More Accidents
Dubai, United Arab Emirates — The UAE continues the successful journey to reducing the number of fatalities on our roads. The Ministry of Interior (MOI) just uploaded ‘open data’ road safety statistics for 2022, stating 343 road fatalities, a reduction of -10% vs. 2021 (381). The long-term trend is even more remarkable, as the last time […]
Children’s Hospital Los Angeles: The Best Pediatric Care in California and the Pacific Region of the United States
LOS ANGELES — Whether for cancer therapy, scoliosis surgery, double organ transplants or even mending a broken arm, expert life-changing care for kids has been the heart of Children’s Hospital Los Angeles’ (CHLA) mission for more than 120 years. It is why CHLA maintains its unbroken 15-year streak as one of the top hospitals for […]
SNC-Lavalin awarded district cooling services contract for King Salman Park in Saudi Arabia
Riyadh, Saudi Arabia — SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a district cooling services contract by Green Park Cooling Company, a subsidiary of Saudi Tabreed, a leading provider of sustainable district cooling schemes for some of the largest projects in Saudi Arabia, for […]
Faithful+Gould awarded program management consultancy services contract for Historic Jeddah in Saudi Arabia
Jeddah, Kingdom of Saudi Arabia — Faithful+Gould, a member of the SNC-Lavalin Group, has been awarded the Project Management Consultancy (PMC) services contract by the Ministry of Culture in Saudi Arabia, to support the development of Historic Jeddah, which is a UNESCO World Heritage site. The Historic Jeddah Development Program aims to revitalize the living space […]
ARTEX MTF AG : Francis Bacon to be the First Artist Traded on ARTEX
LONDON — ARTEX MTF AG (“ARTEX MTF” ) announces that the first artwork to be admitted to trading is the ‘Three Studies for a Portrait of George Dyer’ (the “Artwork”), an oil on canvas triptych painted by British artist, Francis Bacon in 1963. It belongs to a unique series of five Dyer portrait triptychs that Bacon […]
UAE’s Technology Innovation Institute Launches Open-Source “Falcon 40B” Large Language Model for Research & Commercial Utilization
Abu Dhabi-United Arab Emirates — The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today strengthened its growing international influence in the field of artificial intelligence by announcing that “Falcon 40B,” the UAE’s first large-scale AI model, is now open […]
IHS Towers Publishes 2022 Sustainability Report
LONDON — IHS Holding Limited (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2022 Sustainability Report. The report covers sustainability activities from January 1, 2022 to December 31, 2022, and is prepared in accordance with the […]
US-based Smart Workplace brand ‘1-Platform’ unveiled as Workspace Summit Tech Partner
Dubai, United Arab Emirates —1-Platform, the ground-breaking AI-driven workplace productivity platform, has announced its arrival in the Middle East with its selection as the Technology Partner for the Workspace Summit 2023 to be held in Dubai from May 23 to 25, 2023. Dubbed the ‘single most powerful tool’ for enhancing sustainability, delivering a rich user […]
Nitya Capital Closes Sale of Four Multifamily Properties in Texas
HOUSTON — Nitya Capital, an international real estate investment firm headquartered in Houston, today announced the sale of four multifamily properties across the Dallas, Austin and San Antonio regions. These most recent deals total 73 property exits for Nitya since the company was founded in July 2013. Since its inception, Nitya has closed more than […]
UK’s Nurse Margaret wins the coveted Aster Guardians Global Nursing Award 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 […]
Smart Raises $95m in Series E Funding
LONDON — Smart, the London-headquartered fintech transforming the global retirement savings market, today announces it has closed its $95m Series E funding in a round led by Aquiline Capital Partners LLC (“Aquiline”), a private investment firm based in New York and London. Existing investors participating in the round include: Chrysalis Investments, Fidelity International Strategic Ventures, […]
Middle East Organizations Embrace Public Cloud as 71% Use Public Cloud and 86% Plan to Move More Data to the Cloud
Dubai, United Arab Emirates — A new EMEA survey report by Cloudera, the hybrid data cloud company, revealed that organisations in the Middle East embrace the public cloud as 71% already use the public cloud and 86% plan to move more data to the cloud in the next 1-3 years. But they currently estimate not […]
POCO dazzles tech fans with the latest F-series flagship products
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 […]
Ash & Maple Management Partners with LocalEyes, Strengthening Middle East Presence and Enhancing Local Content & Economic Offset Consulting in Saudi Arabia
Riyadh, Saudi Arabia, 10 May 2023 — Ash & Maple Management (A&M), a leading global management consulting firm, is delighted to announce its strategic alliance with LocalEyes, a distinguished Local Content and Economic Participation consulting firm headquartered in Riyadh, Saudi Arabia. A&M, a Zurich-based global management consulting firm, addresses clients’ complex business challenges through Growth […]
Recursion Enters into Agreements to Acquire Cyclica and Valence to Bolster Chemistry and Generative AI Capabilities
SALT LAKE CITY and TORONTO and MONTRÉAL — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of -omics data with machine learning […]
Good momentum across all businesses and updated Generics guidance
London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical group, today provides an update on current trading ahead of its Annual General Meeting. Said Darwazah, Hikma’s Executive Chairman and CEO, said: “Hikma has had a good start to the year. Our Injectables and Branded businesses continue to perform well reflecting our diversified […]
Xiaomi Wireless AR Smart Glass Discovery Edition Unveils at MWC 2023
Dubai, United Arab Emirates — Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, today announced its brand new concept technology achievement, Xiaomi Wireless AR Smart Glass Discovery Edition, at Mobile World Congress 2023 (MWC 2023). This cutting-edge tech innovation is Xiaomi’s first wireless AR glasses to utilize distributed computing, offering a […]
Achieving the Switch between Fuel and Electric Drive and a Comprehensive Endurance of 950km
Dubai, United Arab Emirates — Chery, the first auto brand to devote itself to researching and developing new energy technologies, has launched a super hybrid DHT technology as the global trend towards environmental protection has steadily developed. TIGGO 8 PRO e+, the first hybrid product equipped with this system, will soon be launched in the […]
2023 MWC Huawei Digital Leadership Seminar: Connecting Global Wisdom and Seeking Success in Digital Transformation
BARCELONA, Spain — On March 1, Huawei held a “Digital Leadership Seminar” during Mobile World Congress (MWC) 2023 in Barcelona, Spain, attended by more than 60 high-level customers from global carriers, government enterprises, and KOL. Professors from HEC, ESCP business school, and leading carriers shared insights on digital transformation leadership and exploring the path to […]
Xiaomi 13 Series “co-engineered with Leica” Launches in International Markets
Dubai, United Arab Emirates — Xiaomi unveiled yesterday its latest flagship smartphone lineup – Xiaomi 13 Series – to its international markets at a product launch event in Barcelona, Spain. Through in-depth product collaborations between Xiaomi and Leica, as part of the Strategic Partnership in Imaging Technology, Xiaomi 13 and Xiaomi 13 Pro aim to […]
Hikma delivers a resilient underlying performance in 2022
Amman, Jordan — Hikma Pharmaceuticals PLC (‘Hikma’ or ‘Group’), the multinational pharmaceutical company, today reports its preliminary audited results for the year ended 31 December 2022. In 2022, the Group reported revenue of $2.517 billion (slightly down from $2.553 billion in 2021), backed by its resilient business model and good performance from the Injectables and […]
Exotel launches Advanced Enterprise Customer Engagement platform in UAE
Dubai, United Arab of Emiratis — 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 […]
Uptime Institute Completes Acquisition of LEET Security S.L. to Deliver Comprehensive Cyber Security Rating System
NEW YORK — Uptime Institute,(“Uptime”) the Global Digital Infrastructure Authority, a Dominus Capital, L.P. portfolio company, announced today that it has completed its acquisition of LEET Security S.L.. LEET Security provides an independent cyber security risk evaluation methodology and rating system that has been designed to specifically identify, characterize, and rate cyber security risk within […]
Atkins expands business presence in Saudi Arabia with new office in AlUla
AlUla, Saudi Arabia — Atkins, the leading global design, engineering and project management consultancy, has expanded its business presence in the Kingdom of Saudi Arabia with the opening of a new office in AlUla as part of its regional growth strategy. Atkins’ AlUla office will play a key role in supporting existing and new projects […]
Uptime Institute Completes Acquisition of CNet Training, the International Award-Winning Technical Education Company
NEW YORK — Uptime Institute, the Global Digital Infrastructure Authority, a Dominus Capital, L.P. portfolio company, announced today that it has completed its acquisition of Academia Group Limited and all of its global subsidiaries including CNet Training, Ltd. CNet Training, located in Bury Saint Edmunds, Suffolk, England, is an International award-winning technical education company. CNet […]
Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200
WESTFIELD CENTER, Ohio — Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO). This strategic acquisition establishes Westfield as a global franchise, accelerates Westfield Specialty’sSM growth after a strong first 18 months in the U.S. market, and puts the overall Westfield Specialty portfolio in excess of $1 […]
Major Update: B2Broker Adds Match-Trader White Label
DUBAI, United Arab Emirates — After integrating cTrader in 2022, B2Broker has continued to expand, with the integration of Match-Trader being the most recent. By adding Match-Trader, B2Broker, a worldwide provider of liquidity and technology for the FX and cryptocurrency markets, has announced the extension of its white label liquidity service. Thanks to this new integration, clients will […]
Top 5 trends that will shape the media and advertising industry in 2023
Dubai, United Arab Emirates — 2023 calls for a period when firms sharpen their attention on marketing and advertising trends to make an impression as consumers grow more cautious about which brands they spend their time on. Dubai-born and based, Nested VFX, a post-production and visual effects studio, shares its projections in the marketing and […]
Obvious Technologies shares the top 3 trends to expect in 2023
Dubai, United Arab Emirates — As the technology industry continues to grow its significance and dominance across the globe, an increasing number of companies are inclined to adopt digital transformation. The past year has witnessed massive growth in the landscape of technology in every aspect, and this will undoubtedly continue to flourish. Obvious Technologies, a […]
Ruler of Sharjah Approves the Emirate’s General Budget at 32,240 Billion Dirhams AED for the year 2023
Sharjah, United Arab Emirates — His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah approved the emirate’s general budget with total expenditures amounting to about (32.2) billion dirhams. The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the […]
UAE is a stepping-stone to success and home to pioneering business set-ups
Dubai, United Arab Emirates — The United Arab Emirates implemented an array of legislative measures to ensure foreign investors’ seamless entry into the market. The introduction of such policies may cause investors to hesitate to venture into their business journey. Unity Partners, UAE’s leading business setup company, offers a wide range of tailor-made business solutions […]
Working on making hybrid work, work
Dubai, United Arab Emirates — Poly, launched the ‘Hybrid Heaven Or Hell? The Journey To Hybrid Working’ whitepaper touches on the importance of reshaping the corporate culture for organizations to succeed in hybrid work. Office settings, design, and technology have received a lot of attention. However, the hybrid working culture is a critical element to […]
Role of Ceramic in reading the Cop27 movement in the post-pandemic world
DUBAI, United Arab Emirates — Tile of Spain, the official umbrella brand that represents the Spanish Ceramic Tile Manufacturers Association, plans to lead the field of sustainable ceramic tile usage in the United Arab Emirates (UAE). Sustainable ceramics have multiple benefits including raising the environmental efficiency of housing and buildings in the country in addition […]
Water, wastewater and district energy utilities to increase decarbonization and operational efficiency, with upgraded digital twin tools from Schneider Electric
Rueil-Malmaison, France — Schneider Electric, the leader in the digital transformation of energy management and automation, today announced significant upgrades to its popular digital twin tools for water and district energy utilities, EcoStruxure™ Water Cycle Advisor – District Energy (formerly ‘Termis’) and EcoStruxure Water Cycle Advisor – Water Simulation (formerly ‘Aquis’). These latest releases, grouped […]
EdVentures, Nahdet Misr’s VC, showcases the future of Edtech in the MENA region in a joint summit with HolonIQ
Giza, Egypt — EdVentures, the corporate VC arm of Egypt’s leading learning company, Nahdet Misr Publishing Group, has organized a summit on the future of Edtech in the MENA region, in collaboration with HolonIQ, the world’s leading platform for impact market intelligence based in the US. The 2022 Global Impact Summit comes as EdVentures celebrates […]
Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform
Abu Dhabi, United Arab Emirates — AD Ports Group (ADX: ADPORTS) today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively. The total purchase consideration (Enterprise Value) […]
OurCrowd Expands Abu Dhabi Investment Operations and Launches Global AI Hub, in Partnership With ADIO’s Innovation Programme
ABU DHABI, United Arab Emirates — OurCrowd, Israel’s most active venture firm, is to significantly expand its Abu Dhabi operations with a new venture capital (VC) office and Artificial Intelligence (AI) tech hub enabled by the Abu Dhabi Investment Office (ADIO). The two new initiatives, which were announced during Abu Dhabi Finance Week, will see OurCrowd […]
Acronis Brings Machine Intelligence and New Automation Toolset for MSPs to Deliver Better Customer Experience & Business Continuity
Dubai, United Arab Emirates — Live from their annual #CyberFit Summit, Acronis, the global leader in Cyber Protection, today announces strategic updates to its Acronis Cyber Protect Cloud platform with a new product, Advanced Automation, and innovative developments including the addition of Machine Intelligence (MI) to its Advanced Management solution. Together, this expansion of the […]
Tile of Spain taps region-centric ceramic trends to drive growth in the MENA region
Dubai, United Arab Emirates — Driven by a rebounding economy and a burgeoning demand for sustainable living and working spaces, the regional interior design market is emerging as a growth driver for the construction sector, which is projected to grow at CAGR of 4.69 percent by 2027, reaching a value of US$133.53 billion by 2027. […]
QNET advocates for access to clean and safe water at Cairo Water Week in line with COP27
DUBAI, United Arab Emirates — Direct selling company, QNET, showcased its sustainability initiatives, including its innovative HomePure water filtration system, at the 5th annual Cairo Water Week. The company used the event, which serves as a preparatory platform for COP27 and is one of the biggest national forums in Egypt focused on mitigating water scarcity […]
Hikma reiterates full year segmental guidance, with strong momentum in Injectables and Branded
London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical group, today provides an update on current trading. Said Darwazah, Executive Chairman and Chief Executive Officer of Hikma, said: “I am pleased to reiterate full year guidance for all three of our businesses. We are seeing strong momentum in our Branded and Injectables […]
IQ-EQ Employs Leading AI Compliance Capabilities With Napier
LONDON — Napier, provider of leading anti-financial crime compliance solutions, announced that investor services group IQ-EQ is upgrading its screening capabilities to Napier’s AI-enhanced Client Screening. Napier’s Client Screening solution will further enhance IQ-EQ’s existing systems by automatically screening clients at relevant intervals against sanctions, Politically Exposed Persons (PEP) lists, and other key watchlists. The AI capabilities will […]
Huawei Proposes Innovative F5.5G-Oriented Solutions to Help Operators Achieve New Business Growth
BANGKOK, Thailand — At the Green All-Optical Network Summit of the 8th Ultra-Broadband Forum (UBBF 2022), Kim Jin, Vice President of Huawei Optical Product Line, delivered a keynote speech entitled “F5.5G-Oriented Innovations Drive Growth”. In the speech, Kim Jin explained the opportunities and challenges in the optical communication field during global digital transformation. He also […]
Clarity AI: More than 80% of the Public Companies in the Middle East and North Africa Do Not Disclose Any Quantitative Sustainability Data
NEW YORK — Clarity AI, the leading global sustainability tech platform, announced today that in a sample of 40,000 public companies, approximately only 30% report at least one quantitative sustainability metric. As further requirements under the EU’s Sustainable Finance Disclosure Regulation (SFDR) come into force in fewer than 70 days, lack of available reported data […]
Manufacturing Overtakes Financial Services as the Sector With Fewest Software Security Flaws
BURLINGTON, Mass. — Veracode, a leading global provider of application security testing solutions, today revealed that the manufacturing sector has the lowest number of software security flaws, dethroning financial services which took first place last year. The data was published in the company’s annual State of Software Security (SoSS) report v12, which analyzed 20 million […]
Innovaccer Expands Into UAE with Abu Dhabi Investment Office Partnership
ABU DHABI, United Arab Emirates — Today Innovaccer Inc., the Health Cloud company, announced the launch of Innovaccer Health Limited, based in Abu Dhabi Global Market, United Arab Emirates. This marks the company’s latest international market expansion outside of the U.S. and supports the company’s long-term growth strategy and commitment to making healthcare more accessible, more […]
The Municipality and Planning Department in Ajman announces the second edition of the Humaid Bin Rashid International Sustainability Award details
Ajman, United Arab Emirates — The Municipality and Planning Department in Ajman announced details of the second edition of the Humaid Bin Rashid International Sustainability Award, applications submissions start 15 October 2022, While the deadline for will be on 15 May 2023, with winners to be announced on March, 2024 during Ajman International Conference. The […]
Logistics Leaders share critical insights on Driving Sustainable, Cost-efficient, and Customer-centric Operations
Dubai, United Arab Emirates — Shipsy’s highly-anticipated virtual logistics tech summit on navigating ‘The Road to Sustainable and Cost-efficient Logistics’ concluded on a high note. The second in the Limitless series, the flagship event has witnessed the participation of many industry stalwarts from marquee organisations and 1000+ supply chain professionals worldwide to date. The Limitless […]
STARS OF SCIENCE ADOPTS AN INTERDISCIPLINARY APPROACH TO HEALTHCARE INNOVATION
Doha, Qatar — When Qatar Foundation’s Stars of Science returned for season 14 on September 2, its panel of judges featured two prominent voices from two distinct fields, engineering and medicine – underlining a pressing need across the Arab world and beyond. Professor Fouad Mrad, a jury member since it first aired in 2009, has […]
BRINGING AN ARAB PERSPECTIVE TO AI
Doha, Qatar — When hundreds of aspiring young Arab innovators converged in Doha this week to audition to be a part of the top seven on Qatar Foundation’s Stars of Science Season 14, Artificial Intelligence featured prominently throughout. Stars of Science hosted the auditions at Qatar Science & Technology Park, a member of Qatar Foundation […]
QNET Launches FinGreen Financial Literacy Programme to Empower Women and Youth in Emerging Economies
DUBAI, United Arab Emirates —QNET, global e-commerce-based direct selling company is proud to kick off FinGreen, its signature financial literacy programme aiming to develop healthy financial habits through education and training in the most vulnerable communities, especially among young adults to empower women and youth in emerging economies. QNET is rolling out the pilot for […]
Sharjah Finance Department launches the second cycle of the “Sharjah Award for Public Finance” with new categories and developed criteria
Sharjah, United Arab Emirates — The Board of Trustees of the Sharjah Award for Public Finance – the first of its kind in the Arab world – announced the launch of the second cycle of the award, organized by the Sharjah Finance Department (SFD), in cooperation with the Arab Organization for Administrative Development. This comes […]
Zayed Sustainability Prize 2023 Demonstrates Global Reach and Impact with over 4,500 Submissions
Abu Dhabi, United Arab Emirates — Following a successful 4-month submissions phase, the Zayed Sustainability Prize, the UAE’s pioneering global award for recognising excellence in sustainability, has officially closed entries for its 2023 awards cycle. Over 4,500 applications were received across the five Prize categories of Health, Food, Energy, Water and Global High Schools, from […]
Rêv Partners with Searchlight Capital Partners to Acquire Netspend Consumer Business
AUSTIN, Texas —Today Rêv Worldwide, Inc., (“Rêv”), an international fintech company, and Global Payments (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced that Rêv, in partnership with funds advised by Searchlight Capital Partners, L.P. (“Searchlight”), has entered into a definitive agreement to acquire the Netspend consumer business from Global Payments […]
Ecoppia’s H4 Robotic Solar PV Cleaner Awarded Top Product of the Year by Environment + Energy Leader Awards
TEL AVIV, Israel —Ecoppia (TASE: ECPA), the pioneer and world leader in robotic cleaning solutions for solar PV, has won the Top Product of the Year Award for their H4 robot in the elite Environment + Energy Leader Awards program. Receiving this prestigious award demonstrates that industry experts see the H4 as an exemplary solution […]
wefox Closes US$400m Series D Round at US$4.5bn Post-Money Valuation
BERLIN — wefox, the Berlin-based insurtech, has successfully closed a Series D funding round of $400m (comprising equity and debt) and increased its post-money valuation to US$4.5bn. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global. The round sees wefox increase its valuation from US$3bn […]
Cyfirma Debuts New Technology with Tech First Gulf To Curb Cybercriminals In The Middle East
DUBAI, UNITED ARAB EMIRATES – CYFIRMA, an external threat landscape management platform company, has introduced a range of external threat visibility platforms for Middle East-based businesses – signaling a move that’s poised to arm regional enterprises with the tools required to curb emerging and existing cyber threats. According to research published in the Global Risks […]
QNET commits to delivering a world class e-commerce platform
DUBAI, United Arab Emirates – As e-commerce sees accelerated growth for retail industries (Shopify reported that global commerce sales are expected to reach US$5 trillion in 2022!), companies like Hong Kong-based direct selling company QNET, are ready to reap the rewards. QNET, an e-commerce direct selling company, is no stranger to the online scene. Established […]
Tekfen Partners with Petra to Bring New Hard Rock Undergrounding Technology to Its EMEA Operations
ISTANBUL — Tekfen Holding A.S. (IST: TKFEN), a leading conglomerate in the engineering, contracting and agriculture industries, today announced a partnership and investment in Petra, the first undergrounding company using autonomous systems to bury critical utilities with robots capable of boring the hardest geologies in the world. Tekfen Construction, the flagship company of Tekfen Holding, […]
The Newest Member Of Poly’s Sync Family Offers A Reliable, Affordable Solution Without Compromise For The Hybrid Worker
Dubai, United Arab Emirates – Poly (NYSE: POLY), has announced the addition of Sync 10 to its Sync family of speakerphones. Designed for the new way of working, the right communications tools keep workers connected and productive at home or in the office. The highly anticipated return to “normalcy” doesn’t mean going back to our […]
Malaysia-UAE bridges gap to overcome food shortage – seals over USD108 mil (AED397 mil) investments
Malaysia far exceeded its expectations when it attracted USD108.34 million (AED397.94 million) in potential trade and investments during the Sustainable Agriculture Week at EXPO 2020 Dubai. The Ministry of Agriculture and Food Industries Malaysia (MAFI) hosted the week, which ran from February 21 to 26, with the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), as the […]
Oral-B® Brings a New Reality to Oral Care With Ground-breaking AI Integrated Device at Mobile World Congress 2022
As Artificial Intelligence makes its way into almost every facet of life, it makes sense that our oral health routine gets a smart upgrade too. Today, at Mobile World Congress Barcelona, Oral-B® the #1 Dentist Recommended Brand Worldwide and leader in oscillating-rotating electric toothbrushes, announces its latest technological innovation: Oral-B iO™ 10 with iOSense™. The […]
Lenovo Unveils Products and Solutions Designed to Power a Hybrid World at MWC ‘22
At MWC 2022, Lenovo™ unveiled a portfolio of innovative new products and solutions designed for a more connected and increasingly hybrid world. The line-up includes a wide range of sophisticated, products and solutions that support Lenovo’s vision of delivering Smarter Technology for All. Lenovo is committed to embedding intelligence in its portfolio of products to […]
Agricultural experts press on technological innovation, sustainable agricultural practices to ensure food security
Engro Fertilizers, a subsidiary of Pakistan’s leading conglomerate, the Engro Corporation, hosted an insightful panel discussion on regional food security and agricultural partnership opportunities with Pakistan at the Dubai Expo 2020. The panel highlighted the leading and visionary role of Gulf states, particularly the UAE, to secure the entire region’s food security. Food insecurity in […]
Malaysia, UAE Cement Economic Ties with the Exchanging of MoUs At EXPO 2020 Dubai
Dubai – As part of efforts to strengthen economic ties between Malaysia and the United Arab Emirates (UAE), Malaysian companies present at the Malaysia Pavilion in EXPO 2020 Dubai inked five multi-million dirhams worth of MoUs with UAE-based enterprises in a bid to spur sustainable agriculture between the two nations. Dubbed as the highlight of […]
Sultan Al Qasimi Opens Dh1 Billion Sharjah Safari; Vows to Protect Emirate’s Natural Environment, Habitats
Sharjah – HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has stressed that development projects in Sharjah are carefully planned and implemented in a way that maintains the environmental nature of the Central Region, including its deserts, trees, plants and animals that the Emirate is keen to preserve. […]
The Gulf region’s business community celebrates a decade of collective action with the Pearl Initiative
Sharjah – The Pearl Initiative, a leading Gulf-based, business-led, non-profit organisation, hosted its global virtual forum: “The State of Affairs of Corporate Governance in the Gulf Region”. Attended by over 200 business leaders and executives from across the Gulf region, the forum celebrated the Pearl Initiative’s 10th anniversary and the journey of the collective business […]
New Research Report Calls Pyramid Analytics Decision Intelligence Strategy “Evolutionary”
Pyramid Analytics is the focus of a new Impact Brief by 451 Research, the enterprise technology research unit of S&P Global Market Intelligence. “Pyramid Analytics Plants Stake in Decision Intelligence Ground,” authored by Krishna Roy, Senior Research Analyst on the Data, AI & Analytics team at S&P Global Market Intelligence, examines Pyramid’s Decision Intelligence Platform in the context of the […]
Timber industry thrives in a sustainable setting!
Dubai – Expo 2020 Dubai returns to the world stage more relevant than ever with its theme “Connecting Minds, Creating the Future”. The emirate in Dubai is providing a platform that encourages creativity and innovation in a sustainable environment where exhibitors, buyers, and visitors from 192 countries can collaborate under three main sub-themes – “Opportunity”, […]
Malaysian Rubber Industry’s Strong Presence At Expo 2020 Dubai
Dubai – Malaysian Rubber Council (MRC) is participating in the World Expo 2020 in Dubai, where it is showcasing made in Malaysia Rubber Products to the world, at the Malaysia Pavilion. The Malaysia Pavilion is themed Energising Today- Exploring Sustainable Agricommodity, aims to capture the country’s commitment to ensuring a secure and sustainable future by […]
Toshiba Launches Next-Generation, Smart Solutions on ELERA Platform!
Toshiba Global Commerce Solutions today, at the National Retail Federation Conference, announced a major expansion of its next generation ELERATM unified commerce platform to accelerate retailer digital transformation. The expansion ushers in a new era of retail technology – agile, interconnected, and infinitely adaptable. “Retailers cannot accelerate their transformation when they’re saddled with decades old […]
Motorola Solutions Showcases its Integrated Technology Ecosystem at Intersec 2022 in Dubai
Dubai -The global pandemic fuelled the need to use technology to overcome challenges and support safety. An expansive global study (https://bit.ly/3Gjv3zS) revealed that 88% of citizens globally now want to see public safety transformed through the use of advanced technology. Additionally, 71% consider technologies such as video cameras, data analytics and cloud solutions as necessary […]
True Global Ventures Invests US$5 Million Into ChromaWay!
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational […]
UAE accounts for 74% of GCC investments in ASEAN markets over last 5 years
The UAE accounted for 74% of GCC investments in ASEAN markets over the last five years, according to a new whitepaper released by Dubai Chamber ahead of the first-ever Global Business Forum (GBF) ASEAN in Dubai. Conducted by the Economist Intelligence Unit (EIU) and commissioned by Dubai Chamber, the report, titled Uncharted Territory: Deepening trade […]
Fastest street circuit in the world in Jeddah
stc has completed its preparations for the launch of the Formula 1 stc Saudi Arabian Grand Prix 2021 in Jeddah, providing the F1 circuit and all associated event venues with the latest technical equipment, including digital services and high-speed technologies. High-speed internet circuits of 29 Gbps were installed, in addition to 14 fixed and 5G […]
i2c Partners with BEYON Money and Visa to Launch First Open Banking Super App in Bahrain
stc has completed its preparations for the launch of the Formula 1 stc Saudi Arabian Grand Prix 2021 in Jeddah, providing the F1 circuit and all associated event venues with the latest technical equipment, including digital services and high-speed technologies. High-speed internet circuits of 29 Gbps were installed, in addition to 14 fixed and 5G […]
The Role of Walnuts in Healthy Aging!
Research on the role of diet and healthy aging continues to evolve. Limited evidence suggests that dietary patterns containing vegetables, fruits, unsaturated vegetable oils and/or nuts, legumes, and fish or seafood consumed during adulthood are associated with lower risk of age-related cognitive impairment and/or dementia. Although there is no way to prevent diseases such as […]
Dubai SME appoints homegrown bookkeeping platform as Official Accounting Partner for UAE SMEs
Dubai – McLedger, the region’s first homegrown fintech cloud platform, has been appointed by Dubai SME as the official online bookkeeping solution for UAE-based startups. It will be the one-stop platform that will manage an integrated solution for Dubai SME, the agency of Dubai Economy mandated to develop the SME sector. By utilizing cloud accounting […]