At the closing session of its Global Summit in Manila today, the World Travel & Tourism Council (WTTC) announced that its 22nd event will take place in Riyadh, capital of the Kingdom of Saudi Arabia, from 29th November to 2nd December this year. In Manila, more than a thousand delegates, including the world’s foremost business […]
Category: LATEST NEWS
Brokers’ qualifying enhances confidence in Dubai real estate market
Dubai: Real estate expert Walid Al Zarooni, Chairman of “W Capital” real estate brokerage, said that the real estate sector in the Emirate of Dubai is in full maturity,arising the need for real estate brokers to be well qualified, especially in light of The Real Estate Regulatory Agency-RERA- supervision, who set the regulatory controls. “The […]
Stagwell acquires Brand New Galaxy to transform connected commerce solutions for global clients
Stagwell, the challenger network built to transform marketing, today announced the acquisition of Brand New Galaxy (BNG), a leading provider of scaled commerce and marketplace solutions for 150+ global brands and 500+ e-retailers worldwide. With 600 experts across Europe, MENA, and the United States, BNG adds deep, digital-first specialization in connected commerce solutions, scaling Stagwell’s broad e-commerce […]
DIFC-based Tarabut Gateway becomes the first regulated Open Banking platform in the UAE after DFSA grants licence
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. This licence marks the first […]
2.88bln dollars invested in startups in 2021 as early stage deal value grows by 2.3x
The Digital Digest and Arabnet publish “The State of Digital Investments in MENA 2019-2021” summary report, which offers a comprehensive look at the tech investment landscape in the MENA region, with clear analysis and concise insights highlighting major shifts in the industry. Startups based in the UAE attracted the highest value and number of investment […]
Microsoft releases 2021 Environmental Sustainability Report outlining its progress against ambitious goals
Ahead of Earth Day, Microsoft released its annual sustainability report, offering its partners and customers an in-depth look at the company’s 2021 progress towards becoming a carbon-negative, water-positive, zero-waste organisation by 2030. “When we laid out our sustainability commitments in January 2020, we pledged transparency in our progress,” said Jeroen Van Hees, Sustainability Lead, Microsoft […]
Ministry of Investment of Saudi Arabia and Janssen kickstart a national campaign on the value of innovation in healthcare
The Ministry of Investment (MISA) and Janssen, the pharmaceutical companies of Johnson & Johnson, have launched Oloumak, a national multi-stakeholder campaign developed to shed light on the value of research, development, and innovation in healthcare and biotechnology in the Kingdom. In addition, the campaign aims to highlight the ways in which innovation in these vital […]
Strong start to the year for the UAE’s real estate market, says CBRE
Strong activity and performance levels have been recorded in Q1 across the UAE’s real estate sectors. Looking at the UAE’s office sector figures, private sector occupier activity in Abu Dhabi remained limited in the first quarter of 2022, with average rents decreasing in the Prime and Grade A segments of the market by 7.9% and […]
New study from DriveWealth reveals secrets into the psychology of retail investors from 23 countries worldwide
DriveWealth, LLC, a pioneer in fractional investing and embedded finance, today released “The New Investor Phenomenon: A Wave of Opportunity,” a guide to understanding the mindset of the global retail investor. Spurred by the onset of COVID-19, the Retail Revolution marked a new era where huge swaths of investors entered the markets and changed what […]
Edmond De Rothschild increases its presence in the middle east
Edmond de Rothschild Private Banking has cultivated solid relationships throughout the Middle East over the past ten years. Recruiting well-known professionals is part of the group’s development strategy, which aims to significantly grow its presence and client base in the MEA region. To do so, the Group will focus on the quality of its services […]