The COVID-19 pandemic has caused significant disruption to global sourcing patterns. According to a new survey commissioned by Hong Kong Trade Development Council (HKTDC) Research, the vast majority of international buyers (93%) have used online sourcing platforms since the pandemic began, with more than 85% attending virtual fairs to meet their sourcing needs. However, most […]
Category: LATEST NEWS
Microsoft Azure UAE Regions Launches Four New Key Services to Accelerate Digital Transformation Programmes
Microsoft today announced the availability of a new wave of digitally transformative services on its Azure UAE Regions. These latest services mean that regional Microsoft Cloud customers now have access to almost all of Azure’s tools, allowing them to leverage the full versatility and power of the trusted, intelligent Microsoft Cloud to accelerate their digital transformations. […]
Farnek to Launch ‘Trendz’ Hotel Management Company at ATM
Leading UAE-based smart and green facilities management (FM) company Farnek, is to launch ‘Trendz’ a new standalone hotel management company, at Arabian Travel Market (ATM), which takes place at the Dubai World Trade Centre (DWTC) on 9-12 May 2022. “‘Trendz’ offers a unique 360-degree service for hotel owners and operating companies with an accent on technology […]
eGoGames, Shokworks And Global Gift Foundation Come Together To Create eGoClub
Three innovative leaders, Alejandro Sáez (founder of eGoGames), María Bravo (founder of Global Gift Foundation, which hosted the Global Gift Gala Abu Dhabi Dream Ball under the patronage of H.E. Sheikh Nahayan Mabarak Al Nahayan, UAE Cabinet Member and Minister of Tolerance and Coexistence at the end of last year,) and Alejandro Laplana (founder of Shokworks), have createdeGoClub, […]
Gartner Survey Finds Rise In Business Technologists Is Driving Funding For Tech Purchases Outside Of IT
Seventy-four percent of technology purchases are funded, at least partially, by business units (BUs) outside of IT, according to a recent Gartner, Inc. survey. Only 26% of technology investments are funded entirely by the IT organization. In November and December 2021, Gartner surveyed 1,120 manager-level or higher respondents in organizations with at least $1 million in […]
Kaspersky relocates cyberthreat-related data processing for users in Latin America and Middle East to Switzerland
Kaspersky has expanded the scope of its cyberthreat-related data relocation, which now covers users in Latin America and the Middle East. The company’s commitment to following the best data security practices has been reaffirmed by TÜV AUSTRIA’s re-certification of Kaspersky’s data services with an expanded scope. In addition, the company publicly shared information on the […]
UREEQA Brings Validation-as-a-Service to the NFT Marketplace
UREEQA, a leading digital validation company helping creators to protect, manage and monetize creative work, has announced the launch of its new Validation-as-a-Service (VaaS) solution, designed to tackle NFT fraud and protect NFT creators, on any NFT marketplace. Certainly, any solution will involve validating a creator’s identity. However, Ureeqa was conceived of the notion that […]
B.TECH leverages Algonomy’s technology
Algonomy, the leader in Algorithmic Decisioning Platform, today announced that B.TECH, Egypt’s number 1 consumer electronics retailer with over 100 stores and a growing online presence, is leveraging its flagship recommendation engine to improve product discovery across the digital commerce journey. B.TECH attributes 18.6% of its sales from web, mobile site and apps to the personalized recommendations […]
Boubyan Bank records KD 17mln in net profits for the first quarter of this year
Boubyan Bank has announced KD 26 million in operating profits for the first quarter of this year as the bank recorded KD 17 million in net profits at a growth rate of 34% compared with last year, while the earning per share amounts to 4.17 fils. Boubyan Bank’s Vice-Chairman & Group Chief Executive Officer, Mr. […]
Azimut expands in Middle East after record global profits
Azimut is growing its business in the Middle East with two senior hires in their ADGM asset management subsidiary that enable the European asset manager to expand its investor base while maintaining best practice risk management and operations. These new additions bring Azimut’s total headcount to 24 across the UAE. Stephane Masini has joined the […]