Microbyte, a leading ICT security service provider, has urged Middle East businesses to step up their efforts and be extra vigilant of the threats posed by cyber attacks, emphasising the importance to invest in a robust infrastructure system for their day-to-day operations. With the widespread use of technology continuing to bring an increase in cybercrime […]
Category: LATEST NEWS
Lack of Universal Life Insurance Policy on key personnel could put US$621bln start-up funding and projects at risk
Financers of start-ups and megaprojects could eliminate risks by ensuring the owner of the start-up or the project manager of the megaprojects through Universal Life Insurance Policy with a nominal premium that mitigates the risk of non-performance, inability to lead and death of the insured. The success of most projects and megaprojects as well as […]
New ESG intelligence report on Qatar shows how the country is addressing environment and social challenges
A new environmental, social and governance (ESG) intelligence report, produced by Oxford Business Group (OBG) in partnership with Lulu Group International, maps out how policymakers are addressing local and global environmental and social challenges as the international spotlight shines on the country as host of the 2022 FIFA World Cup. Titled “Qatar’s sustainable economic transition”, […]
Cisco study reveals how hybrid working has improved UAE employees’ performance
Hybrid working practices in UAE companies have improved several areas of employee performance, according to the findings of the new Cisco Hybrid Work Report. The survey polled 1,050 employees throughout the UAE and discovered that almost 90 percent of those questioned want to work either in a hybrid or fully remote model in the future. […]
CBRE advises Aldar on landmark ADGM Square transaction for USD 1.2bn in Abu Dhabi
Global real estate advisor CBRE provided valuation advice to Aldar Properties PJSC on the purchase of four commercial office towers and associated car parks in Abu Dhabi Global Market (ADGM) on Al Maryah Island for approx. USD 1.2 billion (AED 4.3 billion), one of the largest real estate transactions in the UAE. ADGM Square is […]
Commercetools named a leader in 2022 Gartner Magic Quadrant for Digital Commerce for third year in a row
commercetools, the inventor of headless commerce, announced it has been named a Leader in the Gartner Magic Quadrant for Digital Commerce for the third year in a row. commercetools received the highest ratings in many of the Critical Capabilities Gartner identified, including composability, which, as a result of commercetools’ modular architecture, provides the ability to […]
RIT Dubai smart cities program supports vision for holistic urban communities
A unique and pioneering graduate degree program at Rochester Institute of Technology (RIT) Dubai is training students to combine innovation and creativity with social, technological and human factors, to develop a holistic model for building sustainable smart cities of the future. A first of its kind in the region, and one of only two such […]
Apollo acquires US$ 400mln strategic equity stake in Aldar Investment Properties
Apollo (NYSE: APO), through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties (“AIP”), a subsidiary of Abu Dhabi-listed Aldar Properties PJSC (“Aldar”) and the region’s largest institutional-class real estate platform, following completion of a US$ 400 million transaction. The acquisition is part of the previously announced US$ 1.4 billion […]
upGrad appoints Myleeta AgaWilliams as CEO
upGrad, Asia’s largest higher EdTech Company, announces the appointment of Myleeta AgaWilliams as CEO – International to spearhead growth across the APAC, EMEA and US regions. With over two decades of experience in global and digital businesses, Myleeta will be responsible for managing end-to-end international operations and creating region-specific product pipelines, thereby driving high-impact revenue and profitability […]
Jumeirah Gulf of Bahrain job fair was a resounding success
Edamah, in association with the Ministry of Labor, hosted a job fair to fill 100 vacancies at the soon-to-be-launched five-star Jumeirah Gulf of Bahrain Resort and Spa. The event was attended by the Ministry of Labor Assistant Under Secretary for Labor Affairs Mr. Ahmed Jaffer AlHaiki. Successful candidates will go on to fill positions in […]