Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its 2021 annual cybersecurity report: Navigating New Frontiers. The report highlights the growing rate of cyber-attacks by malicious actors on digital infrastructures and individuals in the modern-day hybrid work environment. The report states that globally Trend Micro solutions stopped over 94.2 billion threats in […]
Abu Dhabi-based Ruya Partners (“Ruya”) announced today that it completed a SAR 75 million (USD 20 million) investment into Energia MGCC (“Energia”), a leading temporary power solutions (“TPS”) provider in Saudi Arabia. Headquartered in Jubail, Energia has a nationwide presence with offices across all major cities, a high-quality fleet, and deep engineering capabilities. The Company […]
Cartona, a B2B platform digitizing and empowering all stakeholders of Egypt’s traditional trade market including mom-and-pop stores, FMCG producers, wholesalers, and distributors, announces the successful closing of its $12 million Series A fundraise. The round was led by Silicon Badia – the venture capital firm investing in global technology entrepreneurs, together with the active participation […]
The Tourism Development Fund (TDF) today announced the signing of a tripartite agreement with Ennismore, the world’s largest and fastest-growing lifestyle hospitality company, and Al Rajhi Capital, one of the leading Asset Managers in the Kingdom of Saudi Arabia. The agreement aims to establish a hospitality investment fund that will advance lifestyle hotels with a […]
Batelco (Ticker: BATELCO), announced net profit attributable to equity holders of the company for Q2 2022 of BD20.0M (US$53.1M), a 12% increase from BD17.8M (US$47.2M) for the corresponding quarter of 2021. Earnings per share (EPS) are 12.1 fils for the second quarter of 2022 compared to 10.8 fils in Q2 2021. Total comprehensive income attributable […]
Enhance Fitness, the Middle East’s leading personal training platform, announces its launch into the Kingdom of Saudi Arabia (KSA), enabling citizens to access personal training on demand, in a variety of locations. Enhance Fitness is the leading provider of personal training in Dubai and Abu Dhabi (United Arab Emirates) and is now available in KSA, […]
Injazat, the UAE’s home-grown technology leader in digital transformation, cloud, and cyber security today announced the appointment of Martin Yates as Chief Technology Officer (CTO). In his role, Martin will be responsible for enhancing Injazat’s overarching technology strategy and promoting innovation and industry-leading solutions to support the company’s ongoing growth plans. Martin brings over three […]
Liferay, Inc., which develops an enterprise level, cloud-powered digital experience platform (DXP), today announced the launch of its Solutions Marketplace to offer accelerator solutions including customer portals, intranets, and supply-chain solutions. This will help companies jumpstart the tailored digital experiences they create on the Liferay platform. “The marketplace is a key part of Liferay’s overall […]
The pandemic affected various sectors of the global economies but perhaps one of hardest hit was retail in key destination cities. Grappling with a series of domestic lockdowns and international travel bans, many major retail destination cities struggled to sustain demand throughout 2020 and 2021. Falling footfalls, retailers taking a close look at existing store […]
“W Capital Real Estate Brokerage” report assessed the strong momentum and exceptional performance of the real estate market in the Emirate of Dubai, in the first seven months of 2022, exceeding Dhs130bn,with 48.000 transactions, thus making the largest sales value ever during that period, according to the latest data issued by the DLD. The value […]
