Oman Insurance Company announced today that it has completed the sale of its insurance operations in Turkey to VHV Reasürans, Istanbul/Turkey, a company of VHV Group, Hannover/Germany. This transaction represents a continuation of Oman Insurance’s transformation and simplification strategy with the objective to focus company’s resources on specific markets and segments. Jean-Louis Laurent Josi, CEO […]
Lombard Odier, a leading global wealth and asset manager with a 50-year legacy in the Middle East providing wealth planning solutions, today revealed results from the second instalment of its Middle East Investment Survey, which focusses on succession planning among high-net-worth individuals (HNWIs) in the region. Key findings reveal that HNWIs are aware of the […]
The leading retailers in the Middle East are getting ready for the biggest annual summit and awards gala, RetailME Tech & Marcoms Summit and ICONS Awards, that chronicles the changing retail landscape in the region. The event is scheduled to take place on June 28th, 2022, at Conrad Dubai Hotel, Sheikh Zayed Road. RetailME Tech […]
Shunya Ekai Technologies, one of the new age innovative technology companies in the UAE, keeps ahead of the technological curve by creating sustainable high-tech products. This focus aligns with the visions of the Middle East and GCC, especially in the UAE and KSA, which are two major economies across the region, that are focused on […]
As the UAE steps up its efforts to reach net zero emissions by 2050, a new carbon management firm, elementsix, has launched to support companies in the country to take a proactive approach to tackling their environmental impact. “Measuring a company’s carbon footprint is an essential first step to realize their environmental impacts, and to […]
Careem, the region’s leading multi-service platform, announces the acquisition of MUNCH:ON in the UAE. Founded in 2016 by Mohammad Al Zaben, Dana Baki, and Awn Ali, MUNCH:ON is a subscription-based food delivery platform which connects customers to meals at a discount by tapping into underutilized kitchen capacity and using scheduling, bundling and routing software. The […]
The US trucking business accounts for a large part of the country’s transportation services. According to the American Trucking Association’s (ATA) latest data, 72.5% of the nation’s freight by weight is transported by trucks at a time when the industry is facing the challenge of finding qualified drivers. The American Ministry of Transport estimates that c.300 thousand […]
Oman Air – the National carrier of the Sultanate of Oman, has signed a cooperation agreement with Qatar Airways in in the lead up to FIFA World Cup Qatar 2022. As per the agreement, twenty-one (21) daily flights will be operated between the two capitals – Muscat and Doha, to transport sports enthusiasts and football […]
Axis Communications announces AXIS D4100-E Network Strobe Siren, the world’s first network strobe siren, which helps deter intruders, ensure on-site safety and improve operational efficiency with the power of light and sound. Integrated through VAPIX, MQTT or SIP, the device comes with various light and sound patterns to ensure the right level of protection for […]
In collaboration with the Saudi Space Commission, Huawei has launched Future Space, the first technology experience center in Saudi Arabia. The partnership aligns with Huawei’s commitment to corporate social responsibility, developing local talent and actively contributing to the Kingdom’s digital transformation journey. Future Space, the largest exhibition center outside of China, will include advanced technologies […]
