The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of Dubai Department of Economy and Tourism (DET), has joined forces with Chi-X Digital Assets (CXDA), a leading AI-based fintech platform that provides short-term debt products that help generate liquidity, facilitate investment, maximise economic growth, and enable SMEs to be […]
Category: NEWS
GCC E-Performance Index 2023 highlights exceptional digital prowess of Gulf countries
The Gulf Cooperation Council (GCC) countries ranked high on the GCC E-performance index, showing exceptional performance in digitalisation across the region. Orient Planet Research, in collaboration with Abdul Kader Al Kamli, Information and Communications technology (ICT) Expert and Independent Researcher, released the GCC E-Performance Index 2023, an assessment that amalgamates key global indicators to measure […]
Baims Education Platform acquires Egyptian Orcas Edtech
Baims, a leading education technology (EdTech) company, announces a strategic move to acquire Orcas Edtech to capture the flourishing $100 billion education market in the Middle East and North Africa (MENA) region. This transformative consolidation establishes Baims and Orcas as the go-to provider of a holistic and adaptive EdTech platform, catering to both K12 and […]
The beautiful AI revolution
Perfect Corp., the ‘Beautiful AI’ tech solutions provider, today released the newest Global Trend Report: “The Power of Generative AI in Beauty and Fashion”, providing brands with insightful analysis on the rise of Generative AI in the beauty and fashion industries. The report analyzes big data sourced from Perfect Corp.’s award-winning YouCam suite of apps, […]
MAG acquires AED 350mln plot in downtown
MAG, one of the leading real estate developers in the UAE, announced the purchase of a new plot in Downtown Dubai valued atAED 350 million to develop a new development part of the luxury well-being real estate and hospitality concept, Keturah. In his comments, Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said: […]
Danfoss completes acquisition of ENFOR’s district energy efficiency software
Danfoss, the Danish multinational engineering group, has acquired ENFOR’s district energy software and will bring the solutions to the global market under the Danfoss Leanheat® suite of sustainable heating and cooling solutions. The Danfoss Leanheat® solution combines cutting-edge technology, data analytics, and artificial intelligence to optimize energy consumption and improve operational efficiency of district energy […]
$570K raised through episode 1 of the region’s 1st private-public investment platform & reality show ‘Beban’ season 3
Entrepreneurship-themed reality television show and the region’s 1st private-public investment platform ‘Beban,’ produced by Hope Ventures, the investment arm of Hope Fund, premiered the first episode of its third season this week on January 3rd, 2024, on the region’s first and biggest video-on-demand platform ‘Shahid’ for free, Bahrain TV, SBC Channel, AlRai TV, and Oman […]
Mohammed bin Rashid reviews Cabinet’s achievements and outcome of 2023
Mohammed bin Rashid: “I chaired at Qasr Al Watan, Abu Dhabi, the UAE Cabinet’s first meeting of the year 2024. We reviewed the work we accomplished during the year 2023. We also approved the Cabinet’s work plan for 2024, which will focus on implementing the national priorities announced by my brother President of the UAE on […]
COP28 | Enterprise Estonia Climate Solutions: Bridging Soils, Circular Food Practices, and Organic Farming
H.E. Kristi Klaas, Deputy Secretary General of the Ministry of Climate, Estonia, brought a nuanced perspective to the ongoing climate discussions at COP28 during her keynote address. H.E. Klaas stressed the need to move beyond conventional discussions separately and focus on adopting measures to combat climate change. Instead, she urged delegates to consider the broader […]
The Rockets Investment Launches Citizenship and Residency by Investment Program
The Rockets Investment, a subsidiary of The Rockets Consulting based in Dubai and renowned for pioneering exclusive and high-yielding global opportunities, announces the launch of its Citizenship and Residency by Investment Program. This strategic portfolio addition provides a comprehensive avenue for global financial planning, merging international mobility, diversified opportunities, and family security. “The Citizenship and […]