National Bank of Kuwait (“NBK”, the “Bank” or the “Group”) has announced its financial results for the six-month period ended 30 June 2022. The Bank reported a net profit of KD 237.8 million (USD 775.4 million), compared to KD 160.8 million (USD 524.2 million) for the same period in 2021, improving by 47.9% year-on-year. Net […]
In a survey of 500 IT decision-makers, 85% agree that there is an urgent shift toward focusing on consumers’ digital experiences. Moreover, 73% of respondents say that the move to focus on the digital experience in their own organization was sudden. The survey was conducted for a new report from WSO2, “Reprogramming the Enterprise: Keeping […]
Axis Communications has committed to set science-based emissions reduction targets in line with the level of decarbonization required to meet the goals of the Paris Agreement – to limit global warming to well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C. Ray Mauritsson, Axis CEO, said, “There can be no debate […]
Microsoft today announced the availability of its industry leading HoloLens 2 mixed reality headset in the UAE. HoloLens 2 provides the most comfortable, intuitive, and immersive mixed reality experience available, delivering enterprise value across key sectors with Dynamics 365 business applications and industry ISV solutions, backed by the reliability, security, and scalability of Microsoft Azure. […]
In 2022, all you need is an app. Whether you’re stocking up groceries, fueling up, grabbing a bite, picking up laundry or more, an app saves the day! When it comes to healthcare, anything that helps you avoid going through long queues at the pharmacy or waiting for your prescription insurance approvals, is what you […]
Sharjah Media City (Shams) is expanding support for entrepreneurial ventures in the media sector and adding new financing opportunities to its portfolio that target innovative start-ups and SMEs and enable them to secure financing through a strategic partnership and guarantee scheme agreement with venture debt platform Funding Souq. The agreement aims to provide innovative financing […]
The “H1 2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 244% to a record-high of SAR 2.19 billion ($584M) in H1 2022 versus H1 2021 and surpassing the total amount deployed in full-year 2021. Although 2021 was a positive year for venture funding in the Kingdom, […]
Forensic Risk Alliance (FRA), a forensic accounting, business analysis and eDiscovery consultancy specialising in international and complex investigations, compliance and disputes, has established its Middle East and Africa Head Office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. DIFC continues to attract […]
YAAP, a specialized content and influencer marketing company with operations in the UAE, India and Singapore, has fully acquired Crayons Communications, a well-known advertising agency with offices in Dubai, Riyadh and Manama. The 100% acquisition will see Crayons Communications merge with YAAP. YAAP acquires Crayons Dubai YAAP has been on a stellar growth trajectory in […]
Under the umbrella of helping small businesses evolve in their innovation journey, Ooredoo business, the trusted technology partner for business solutions, has launched “Shamel Complete”, an integrated solution that focuses on 5 core areas: Manage, Communicate, Connect, Go online & Track by offering a wide range of Telecom & IT services that allow the entrepreneurs and SME […]
