Batelco (Ticker: BATELCO), announced net profit attributable to equity holders of the company for Q2 2022 of BD20.0M (US$53.1M), a 12% increase from BD17.8M (US$47.2M) for the corresponding quarter of 2021. Earnings per share (EPS) are 12.1 fils for the second quarter of 2022 compared to 10.8 fils in Q2 2021. Total comprehensive income attributable […]
Enhance Fitness, the Middle East’s leading personal training platform, announces its launch into the Kingdom of Saudi Arabia (KSA), enabling citizens to access personal training on demand, in a variety of locations. Enhance Fitness is the leading provider of personal training in Dubai and Abu Dhabi (United Arab Emirates) and is now available in KSA, […]
Injazat, the UAE’s home-grown technology leader in digital transformation, cloud, and cyber security today announced the appointment of Martin Yates as Chief Technology Officer (CTO). In his role, Martin will be responsible for enhancing Injazat’s overarching technology strategy and promoting innovation and industry-leading solutions to support the company’s ongoing growth plans. Martin brings over three […]
Liferay, Inc., which develops an enterprise level, cloud-powered digital experience platform (DXP), today announced the launch of its Solutions Marketplace to offer accelerator solutions including customer portals, intranets, and supply-chain solutions. This will help companies jumpstart the tailored digital experiences they create on the Liferay platform. “The marketplace is a key part of Liferay’s overall […]
The pandemic affected various sectors of the global economies but perhaps one of hardest hit was retail in key destination cities. Grappling with a series of domestic lockdowns and international travel bans, many major retail destination cities struggled to sustain demand throughout 2020 and 2021. Falling footfalls, retailers taking a close look at existing store […]
“W Capital Real Estate Brokerage” report assessed the strong momentum and exceptional performance of the real estate market in the Emirate of Dubai, in the first seven months of 2022, exceeding Dhs130bn,with 48.000 transactions, thus making the largest sales value ever during that period, according to the latest data issued by the DLD. The value […]
As petrol prices in the UAE have risen by nearly 60% since the start of the year[1], organisations in the Emirates have begun to see the knock on effect this has had on their operating costs. New data from Bayzat, the UAE’s leading employee benefits platform, shows that on average, the amount spent monthly by […]
The Continental Group, a leading insurance intermediary and financial services provider in the GCC region, recently hosted a webinar titled ‘Can inflation be tamed? Learn from the experts’, where finance specialists demystified inflation and its current and potential impact on businesses, economic sectors, and livelihoods. While the survey respondents wholly agreed that rising inflation will […]
Vacation season is well and truly upon us, and travelers around the world are looking for interesting places to go, cheap places to stay and reasonably priced flights. And scammers are here to give them what they need — well, sort of. Kaspersky researchers have observed intensified scamming activities, with numerous phishing pages distributed under […]
MENAP-SMI (Middle East, North Africa, and Pakistan Self Medication Industry) builds upon its ongoing work to create an enriched self-care culture across the region by commemorating International Self-Care Day on Sunday, July 24, 2022. In line with this year’s theme of resilience, the organization will emphasize the impact of self-care practices on overall wellbeing and […]
