From its strategic location at global crossroads and strong financial reserves and sovereign wealth funds to investment in major development and infrastructure projects, the UAE has been able to create a modern, dynamic and diverse economy in only 50 years. It is, though, the desire to keep pushing forward, to keep extending the nation’s horizons, […]
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has delivered strong growth in the first half of 2021, with 492 new company registrations, an impressive 59% increase from the same period in 2020. The performance, which has enabled DIFC to achieve its ‘2024 […]
Dubai’s Roads and Transport Authority (RTA) has signed an agreement with Uber, an e-hailing giant, to enhance the training of chauffeurs of RTA limos. The aim is to use Uber’s e-hail methodology, which leads the world in this field of the industry. “This initiative stems from RTA’s keenness to enhance the level of services delivered […]
Dubai has successfully retained its leading position as among the world’s top five destinations for the maritime industry in the International Shipping Centre Development, ISCD, Index. The emirate’s continuing status as a global hub for maritime shipping and logistics was revealed in a report that was recently issued by Baltic Exchange, and Xinhua, a London-based […]
Kuwait is accelerating its adoption of technology with large-scale investments that will create 13,100 new jobs in the economy, enabled through cloud and Microsoft’s ecosystem, according to new research by the International Data Corporation (IDC). This expansion results from an expected 3.5 times rise in public cloud services in the country, from approximately $32.0 million […]
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today launched its Channel Partner Demand Generation Program, WeDiscover with a focus to strengthen its market presence across the Middle East And North Africa (MENA) region. The program is designed to help partners leverage Trend Micro solutions while helping them differentiate their […]
Emaar Properties PJSC (“Emaar Properties“, DFM: EMAAR) and Emaar Malls PJSC (“Emaar Malls“, DFM: EMAARMALLS) jointly announced today that the Securities & Commodities Authority (“SCA”) has issued its final approval pertaining to the proposed merger of the two companies. As disclosed on March 2, 2021, the proposed merger has the unanimous support and recommendation of […]
UAE-based investment banking advisory firm, Alpen Capital, launched its latest GCC Food Industry report on Monday 6th September. The report provides a comprehensive overview of the GCC food sector and outlines the recent trends, growth drivers and challenges in the sector. It also profiles some of the renowned food companies in the region. The report […]
Having launched its UAE operations in 2020, Carzaty; the region’s pioneering online used-car platform, has appointed Sarah Kenny as their General Manager. With over three decades of automotive experience under her belt, Sarah will spearhead the next phase of Carzaty’s expansion in the UAE. Prior to joining Carzaty, Sarah was the Regional Manager at the […]
Emerging Markets Property Group (EMPG), the Dubai-based unicorn that owns and operates successful homegrown brands Bayut & dubizzle and property verticals and classifieds platforms across MENA, South and Southeast Asia, has announced the appointment of Julien Lafouge as its new Chief Financial Officer, taking responsibility for the management of the group’s global finance operations. Prior to joining […]
