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 […]
Category: LATEST NEWS
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 […]
Trakhees achieves 40% growth in the first quarter of 2022
Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation in Dubai, achieved a remarkable growth during the first quarter of 2022, represented in the completing more than 8,000 transactions through the Licensing Department of Trakhees, with a growth rate of 40% compared to same period in 2021. Eng. Abdulla Belhoul, CEO of […]
SALAMA partners with Abu Dhabi Residents Office
Islamic Arab Insurance Company (“SALAMA”), the UAE’s largest Shari’ah compliant Takaful solutions provider, today announced a partnership agreement with the Abu Dhabi Residents Office (ADRO), highlighting its goal to provide a comprehensive range of quality health insurance services to Abu Dhabi Golden Visa Holders. ADRO, a division of the Abu Dhabi Department of Economic Development […]
Bahri teams up with TKHS to provide logistics support for hotel developers in Saudi Arabia
Bahri, a global leader in logistics and transportation, has announced that its Bahri Logistics business unit has entered into a new agreement with TKHS, the global leader in specialized logistics services tailor-made for the luxury hospitality industry, to deliver a unique and powerful service offering for Saudi Arabia’s booming hospitality sector. Under the terms of […]
Zain Group 1st quarter 2022 net profit grows 6% to reach USD 156mln
Zain Group, a leading telecom innovator with operations in seven markets across the Middle East and Africa, announces its consolidated financial results for the first quarter (Q1) ended March 31, 2022. Across its footprint, Zain increased its active customer base by 2.3 million to serve 50.9 million. Zain Group generated consolidated Revenue of KD 408 […]
SODIC achieves record Q1 gross contracted sales of EGP 3.74bln and commences deliveries in SODIC East
Sixth of October Development & Investment Company “SODIC” has released its consolidated financial results for the three months ended 31st of March 2022. First Quarter 2022 Operational & Financial Highlights Gross contracted sales: EGP 3.74 billion, up 102% YoY Cancellations 10% of gross contracted sales Timely delivery of 165 units Revenues EGP 1.19 billion, up 40% YoY Gross profit EGP […]









