TECOM Group (DFM: TECOM), (the “Company” or the “Group”), the creator of specialised business districts and vibrant communities, today announced its financial results for the second quarter (Q2) and first half (H1) ending 30 June 2022. – Revenue for the first six months of 2022 increased 15.8% year on year (YoY) to AED 989 million […]
Category: NEWS
Indian real estate sector is now a preferred investment destination for NRIs in GCC
With the appreciation of US dollar against the Indian National Rupee, India remains a preferred destination for residential and commercial real estate. The pandemic experience and the current economic trajectory have made many consider investments in their homeland. The demand queries from the GCC are increasing exponentially in price brackets across premium and luxury categories. […]
Gerab System Technology Moves IT Distribution Business to Ampconnect
UAE based conglomerate Sharafi Holding Group has moved its IT distribution business from Gerab Systems Technology (GST) to Ampconnect. The purpose is to redefine the future of digital distribution and enable strategic growth for the IT distribution business. Building on its legacy of being a technology leader at the helm of the IT market since 1987, […]
RAKEZ Welcomes American Artificial Intelligence Company Falcons.AI
With pre-existing business-to-business and business-to-government products in its portfolio, Falcons.AI aims to leverage artificial intelligence for creating solutions to technological issues faced by businesses as well as end users. Falcons.AI’s notable applications include PreciseAG, which provides insights on poultry health, and DocNovus, which allows users to interact with their business documents and get relevant responses, […]
New Stars in the Startup galaxy in Dubai
The Hijri new year marked a special occasion for Generation 71 with special guests who graced the Business Center. The Consul General of India, Dr. Aman Puri, and Senior Vice President, Entrepreneurship of Dubai Silicon Oasis, Mr Ghanim Al Falasi, took a tour of the Business Center which is set to become the home to […]
Dragos Announces Appointment of Omar Al Barghouthi as Regional Director – Middle East
Dragos, Inc., the global leader in cybersecurity for industrial control systems (ICS) and operational technology (OT) environments, today announced the appointment of Omar Al Barghouthi as Regional Director, Middle East. In his new role, Al Barghouthi will be responsible for spearheading Dragos’ regional growth, strengthening its partner network, and consolidating the company’s leadership role in […]
Crowell & Moring Doha launches complimentary ‘Doing Business In Qatar’ guide
Crowell & Moring Doha, one of the largest international law firms in the country, has launched a complimentary guide to doing business in Qatar which provides a general introduction to business activities in the peninsula. Available to download from the firm’s website, the 15-page guide provides insights from Crowell’s team of legal experts in Doha […]
Fast-growing crypto exchange Bybit launches Shark Fin structured product
Bybit, the third most visited cryptocurrency exchange in the world, has launched a new structured product Bybit Shark Fin for all users on August 1, 2022. Bybit Shark Fin is a low risk, principal protected structured product that affords better capital protection to users as they reap profit. Users deposit their funds into the product […]
Kaspersky discovers highly active APT campaign targeting cryptocurrency industry
In the second quarter of 2022, Kaspersky researchers witnessed Advanced Persistent Threat (APT) actors increasingly targeting the cryptocurrency industry. Using cryptocurrency-related content and warnings from law enforcements as bait, the actor behind this new and highly active campaign, dubbed “NaiveCopy”, attacked stock and cryptocurrency investors in South Korea. Further analysis of NaiveCopy’s tactics and techniques […]
Openner backs the first Web3 Focused Venture Studio “Qurious Labs” out of MENA
Qurious Labs is the first Web3 focused Venture Studio model to hit the MENA market. This model serves to back bold entrepreneurs in MENA building web3 companies that utilize blockchain, digital currencies, NFTs, gaming as well as explore the Metaverse and decentralized applications leveraging. By combining the incentive structure of a co-founder, the resources of […]