Dubai PR Network, Online Press Release from Dubai and Middle East
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Iman Developers Launches New AED 130 Million Residential Development - Oxford 212 -in JVC

• Offers 212 luxury premium living studio, one and two-bedroom units ranging between 390sq ft - 1800sq ft sq. feet • Unit process starts at AED 426,000 reaching up to AED 1,300,000   Dubai, January 20, 2022: One of the leading Dubai-based luxury residential developers, Iman Developers launched their latest project in Jumeirah Village Circle (JVC), bringing to Dubai’s supply-starved growing realty market 212 new apartments.   Worth AED 130million, Oxford 212 is the fifth successful residential development of Iman Developers which has a portfolio of four completed projects and another three in development stages.   “Oxford 212 will set a benchmark in modern family living space. The project is luxury redefined offering premium living, adding value to the residential realty inventory ......read more

New Official Operational Hours Announced for Visa Application Centres in Abu Dhabi and Dubai

• Customers in the UAE can visit the Visa Application Centres from Monday to Friday; Centres remain closed on Saturday and Sunday.   • Philippine ePassport Renewal Centre continue to operate 7 days a week.   • Customers can opt for Visa At Your Doorstep service for greater flexibility in visa application.   In alignment with the UAE Government’s decision to adopt a new working week schedule, and in accordance with the directives received from the client governments, VFS Global’s Visa Application Centres (VACs) in Abu Dhabi and Dubai have announced new operational hours for customers. The VACs operate from Monday to Thursday, 09.00 AM to 05.00 PM, except for public holidays and on Friday, 09.00 AM to 05.00 PM, with a prayer break between 01.00 PM and 02.30 PM. The centres will ......read more

Verloop.io Partners with Vonage to Deliver Seamless Conversational AI

Dubai, January 17, 2022: Verloop.io, the leading specialist in conversational AI for customer support, announced today that it has partnered with Vonage, a global business cloud communications leader helping businesses accelerate their digital transformation, to enable Verloop.io customers to deploy their conversational AI applications into new channels by leveraging Vonage’s communications APIs (Application Programming Interface). With Vonage, Verloop.io can manage multiple channels such as WhatsApp, Facebook Messenger, Viber, Voice and SMS from a single platform. "Vonage’s API Platform brings both power and flexibility to businesses through the integration of multiple channels, including messaging, voice, and video communications solutions,” says Gaurav Singh, Founder & CEO, Verloop.io. “We’re ......read more

Is Online Gambling Legal in Saudi Arabia?

Saudi Arabia is not exactly the friendliest of environments when it comes to online gambling. Since this is the Middle East, this hardly comes as a surprise. There is, however, a beacon of light; with the proper knowledge, you can gamble online in the region without invoking the ire of the local authorities, and we’re going to show you how. The secret sauce Although you won’t find anything usable in your local environment, there are hundreds of trused casinos sites to play in Saudi Arabia if you know where to look for them. Hint: it’s the offshore casino operators that are governed by another jurisdiction and so it’s their laws that apply. Although the local lawmakers and regulators are fully within their right to say no to gambling in Saudi Arabia, their decree does not surpass the borders of the country. ......read more

IBPC Retail Conclave 2022

Dubai, 13 January 2022: As UAE’s Indian Business and Professional Council (IBPC) formed under the aegis of Dubai Chamber of Commerce and Industry will be staging their first and flagship event of 2022 – IBPC Retail Conclave, on 12 January 2022. The high-profile business networking event will take place at Taj Dubai in Business Bay with the ambition of striving to provide a platform that promotes economic cooperation including trade, investments, and other financial flows between the UAE and India.  “The Conclave would be offering engaging insights on disruptive technologies within the retail industry, have meaningful discussions on how to capitalize on these technologies as well as the opportunities and challenges brought about by the new retail revolution, driven by digitization across industries”, ......read more

Dubai Culture and Zoho Partner to Support Digital Transformation for Creative Entrepreneurs in Dubai

Dubai, January 13, 2022: In a bid to support creative talents based in the emirate, Dubai Culture and Arts Authority (Dubai Culture) signed a cooperation and partnership agreement with Zoho Corp., a global technology company. The agreement aims to support the emirate's creative entrepreneurs through their digital transformation journey, enhance the efficiency of their business, and simplify daily operations. The agreement was signed at the Authority by Hala Badri, Director General of Dubai Culture, and Hyther Nizam, President MEA - Zoho Corp. This new public-private partnership comes within the Dubai Culture’s framework to support the creative community in Dubai. The partnership enables creative community members to leverage over 45 applications as part of Zoho One, the operating system for business, to run all their ......read more

Zoho's Dubai Headquarters To Operate On New Working Week

Dubai - January 12, 2022:   Zoho Corp., a leading global technology company, has announced the shift to the UAE's working week in its Dubai headquarters office. Effective January 2022, Zoho will operate from Monday to Friday. The announcement comes in line with the UAE federal government's announcement to align with global markets.   "As a company operating on a global scale, the new working week will be especially helpful to regional teams working closely to meet deadlines, which in turn helps boost productivity and cross-continent collaboration. Aligning our operational week with the UAE government will further open up business opportunities with new markets and enable us to better serve our local customers,” said Hyther Nizam, President of Zoho, Middle East and Africa.    Zoho follows a ......read more

Invesco Outlook: Inflation Sets the Stage for 2022

• Global growth for 2022 will slow to a more normal state • Rise in number of Covid cases and new variants seen as a headwind • Continued supply-chain disruptions and an upsurge in demand threaten to keep inflation high • Higher volatility expected as markets process the slowdown in growth and gradual tightening of monetary policy   Dubai, UAE – 11 January 2022:  Following the aggressive monetary and fiscal policy moves of the last two years to counter the effect of the Covid-driven pandemic, Invesco’s team of global strategists say that 2022 looks to be a year of transition toward a more normal state.  However, the economic and market environment will likely be defined by inflation and how policymakers react to it.   Invesco’s strategists have worked on a ......read more

United Arab Bank Implements Complete Data Protection for Data Backup, Replication, and Disaster Recovery with Commvault

Dubai, United Arab Emirates – January 10 2022: Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data across cloud and on-premise environments, has been selected by United Arab Bank (UAB) to implement Commvault Complete Data Protection, with built-in ransomware protection for all their workloads, across the whole organisation.   United Arab Bank decided to partner with Commvault to install Complete Data Protection as a single, powerful backup software solution for data protection. UAB, a leading financial solutions provider in the UAE, will benefit from comprehensive on-prem, public cloud, and hybrid multi-cloud workload coverage from a single platform and user interface.   All backup, archive, replication, disaster recovery, across all the bank’s ......read more

RAKEZ Facilitates Bank Account Opening for Clients through RAKBANK's Quick Apply Digital Kiosk

Ras Al Khaimah, 10 January 2022: Ras Al Khaimah Economic Zone (RAKEZ) ties up with RAKBANK to facilitate opening of bank accounts for RAKEZ clients through a digital kiosk within its one-stop shop service centre in Al Hamra, Ras Al Khaimah. The new kiosk allows clients to complete their application on the spot, without the need to visit a RAKBANK branch.   RAKBANK’s Quick Apply kiosk at the RAKEZ service centre aims to enhance the business environment and enables investors to carry out their businesses with ease. This kiosk is part of a long-term partnership between RAKEZ and RAKBANK, under which more kiosks are planned to be installed in different RAKEZ locations.   “SMEs are the backbone of any economy. Today, SMEs comprise majority of the RAKEZ landscape. To support this community, we are always looking out ......read more

MENA Countries Lag in Open Data Barometer and can Catch Up at the 2nd Data Driven-Government Conference

More than 300 senior government officials, Chief Information Officers, IT experts, ICT companies, public policy-makers, and suppliers will brainstorm at a two-day conference from Feb 15-16, 2022, to unlock a $3 trillion open-data opportunity     News Highlights: 1. Governments can play a key role as data providers helping to unlock a $3 trillion open-data opportunity for the private sector and civil society; 2. Worldwide government IT spending is forecast to total $557.3 billion in 2022, an increase of 6.5 percent from US$523.2 billion in 2021; 3. The number of smartphone users in the world today has exceeded 6.37 billion, which translates to 80.69 percent of the world's population owning a smartphone; 4. The global market for big data estimated at US$130.7 billion in 2020 and projected to reach ......read more

VARDHMAN Realty Signs Up Leading Indian Film Star Priyamani, as Brand Ambassador

January 05, 2022:  VARDHMAN Realty, UAE’s leading property investment and asset managers and an established name in the realty industry recently signed up Indian film star Priyamani as its brand ambassador. Announcing this Mr. Jiten Varia, the Founder and Chairman of VARDHMAN Realty said that the signing up reflected the growing plans for VARDHMAN Realty. According to Ms. Priyamani, Dubai has a great potential in real estate investment and a first time buyer always wander for good helpful advice. Real estate is a huge investment arena and an appropriate advice becomes a requisite. Being associated with VARDHMAN Realty educated me about the core values of the entity and individuals connected with it. It helped me to choose and take right decision while investing here in Dubai. I respect the fact that as a first generation ......read more

Dubai Internet City and Khazna Data Centers Announce Two State-of-the-Art Data Storage Facilities in Dubai

• The new data centres will support the UAE’s digital transformation journey by catering to the rising demand for secure data storage • Enterprises can benefit from advanced digital infrastructure across new strategic locations in Dubai     January 04, 2022, Dubai, UAE: Dubai Internet City, the region’s largest hub for technology companies and talent, has announced a deal with Khazna Data Centers, one of the largest wholesale data centre providers in the Middle East and North Africa, to establish two state-of-the-art facilities to further support enterprises of all sizes by enabling the integration of technology across all business functions.    The government’s ambition of transforming the UAE into a smart country necessitates the deployment of secure cloud ......read more

AD Ports Group's Industrial Cities & Free Zone Attracts Over 95 Polymer Factories

The Sector’s presence has increased to cover over 3.4 million SQM across ZonesCorp and KIZAD   Abu Dhabi, UAE - 04 January 2022 – AD Ports Group today announced that its Industrial Cities & Free Zone Cluster is now home to 95 companies in the polymers sector occupying a land area of 3,454,457 square metres. AD Ports Group has also witnessed an increasing interest from polymer sector in its Industrial Cities & Free Zone Cluster, which is spread across 550 sq km of industrial and commercial land, and is home to over 1,500 local, regional, and international companies. Based on a Statistics Centre of Abu Dhabi survey, the total investment in the Cluster is estimated at more than AED 140 billion. Today ZonesCorp and KIZAD serve as the regional base for some of the best known companies of varying scale in the ......read more

Emirates Group Security and University of Arizona Sign Agreement for Mutual Academic Collaboration and Research

Dubai, UAE, 29 December 2021 - Emirates Group Security (EGS), one of the leading aviation security practitioners and learning and development providers in the region, has signed an agreement with the University of Arizona (UA) located in Tucson, Arizona, USA, to promote collaboration in tertiary education and research on general and security-specific subjects from certificate to postgraduate courses. This new dimension comes in the Customized Degree Paths Programme (CDP). The World Campus Experience Program is delivered online by UA with supplemental on-site services and courses provided by EGS.   Through the agreement, UA and EGS will jointly offer 60 programmes, to be delivered entirely online in English by appointed and qualified faculty members at the University of Arizona. Students will have access to the course materials ......read more

CVDB Goes Live on ICS BANKS Universal Banking Solution from ICSFS

United Arab Emirates:   Cities and Villages Development Bank (CVDB) has gone live in a record time of five months, on ICS BANKS Universal Banking software solution from ICS Financial Systems (ICSFS); the global software and services provider for banks and financial institutions. The Cities and Villages Development Bank is a publicly owned bank that finances Jordanian municipalities for the development of their infrastructure. CVDB provides long-term financing to establish both; services and productivity projects, through the local councils. The bank administrates and guarantees loans held between the councils and any other party, to support and provide the councils with essential services. The Bank continues as well to contribute to the development process of the local councils, by providing adequate funds, experiences, ......read more

KPMG Records Strong Growth in FY21 in the UAE

• KPMG International announced annual aggregated revenues for KPMG firms globally of $32.13 billion for the fiscal year ending 30 September 2021    • Significant investments in people, technology, solutions and alliances pay off, with revenue growth for KPMG in the UAE and Oman more than doubling over the previous year   • Total workforce for KPMG in the UAE and Oman expanded by an unprecedented 21%   Dubai, United Arab Emirates, 26 December 2021: KPMG International announced annual aggregated revenues for KPMG firms globally of $32.13 billion for the fiscal year ending 30 September 2021 (FY21). Reporting a 10% increase in US dollar revenues from FY20, this follows an extensive period of investment and focus on priority services and solutions addressing the challenges faced by ......read more

Conares Announces Sunday Weekend for its 800 Employees

Dubai – December 22, 2021: Conares, the second-largest steel manufacturer in the UAE, has announced Sunday holiday for its nearly 800 plus employees across its four manufacturing plants in Dubai. This is in line with the UAE Government’s new initiative to change its workweek starting on Monday and make Sunday holiday as per international practice.  The company will give a special prayer break for believers in the workforce on Fridays. The shift in the workweek starts from January 01, 2022. Commenting on this, Jyoti Bhatia, Director of HR at Conares, said, “We are happy to announce Sunday, instead of Friday, as weekend for our employees. This is to keep up with the new weekend shift announced by the UAE government. The new move will help the company expand their reach further and align with global ......read more

Jannat Group Organises an Entrepreneur Meet

December 21, 2021:  A press conference to mark formal get together of Pakistani Businessmen was organized by Jannat Group of companies on the world’s biggest floating restaurant in Jannat’s Dhow Cruise in Dubai on Thursday, December 16, 2021.  A joint initiative of Jannat Group and RJ Greens Private Limited saw dignitaries gracing the occasion in glittering ceremony which was graced by the dignitaries and top business honchos.  The event began with singing performance by a famous singer from Pakistan which was followed by Emcee taking to the stage and MOU signing between various partners.   Addressing the media personnel present during the occasion was Siffat Afridi, CEO, Jannat Group who said, “We have organized a formal get together of Pakistani Businessmen to explore business ......read more

Hotpack Awarded Crystal Esko XPS Certification

First company in the Middle East Africa (MEA) to receive the endorsement Dubai, December 21, 2021:  Hotpack Global, the world’s leading manufacturer of disposable food packaging products, has received the prestigious Crystal XPS certification, endorsing the company’s plate quality and printing excellence. In a statement, Hotpack said that it is the first company in the entire Middle East and Africa (MEA) region to bag the certificate, a significant indicator of the packaging major’s focus on globally benchmarked standards and processes. “We consider the certification as a feather in our cap, and an endorsement of our focus on quality. Being an Esko XPS Crystal Certified Partner means that Hotpack can now offer best-in-class plate quality and printing excellence to the highest standards.  We are ......read more

Joint UAE-Bahraini Nanosatellite Light-1 Set to Launch this Week

Constructive space cooperation between both nations culminates in region’s first project to explore gamma-ray flashes   Abu Dhabi, December 19, 2021: The joint UAE-Bahraini nanosatellite Light-1 will be launched to the International Space Station on 21 December 2021. It represents a major milestone of cooperation in space science, technology and engineering between the UAE and Bahrain. Light-1 will take off onboard a SpaceX CRS-24 flight on board of a Falcon 9 rocket after undergoing rigorous safety and environmental tests for thermal and vibration, communication systems and more. Light-1 then will get deployed from the Japanese Experiment Module (KIBO) in the ISS into orbit under supervision from the Japanese Aerospace Space Agency (JAXA).   The nanosatellite was built and designed in collaboration ......read more

Visualising Workplace Evolution

Herman Miller Research and Insights team presented never-before-shared perspectives on work in 2022 and beyond at Dubai Expo: 76% of knowledge workers want flexibility where they work, while 93% want flexibility when they work    UAE, 20th December 2021: The leading manufacturer of furniture and office equipment presented new insights on the future of work as part of a partnership with American University of Sharjah (AUS), IIT Institute of Design (IIT ID) at the Illinois Institute of Technology in Chicago and the USA Pavilion at an exclusive VIP event at Dubai Expo 2020 on 15th December 2021. With a strong focus on the future and innovations in quantum computing, sustainable energy and more, the USA Pavilion was the perfect place to host the VIP event, which was attended by more than 70 Herman Miller clients, along with ......read more

Dubai South Inks Deal with Huawei to Develop Smart Transportation Ecosystem

• IOC, Wifi6, IVS and cloud deployment planned at Dubai South   UAE – 16 December 2021: Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate has announced a strategic partnership with Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices. The new partnership entails the adoption of innovative digital technologies and solutions from Huawei to enable intelligent, connected and sustainable communications infrastructure, data management, transportation, operations, security and other related services at Dubai South.   The memorandum of understanding (MOU), was signed on the sidelines of Dubai Airshow by HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation Corporation and Dubai South; and ......read more

UR Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

December 15, 2021:  UR Islamic Bank for Investment, a privately-owned bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions. UR Islamic Bank for Investment provides Shari’a-compliant financing products and services with a strong focus on customer needs driven by specialised industry insights, technological innovation, and the highest commitment to service quality. The bank took a decision to replace its legacy system with ICS BANKS Islamic Banking solution from ICS Financial Systems – ICSFS. UR Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS I have joined the UR Islamic Bank management team last year, and realised, in order to become a leading Islamic banking ......read more

Advisory Board for Global Aerospace Summit 2022 Outline Pressing need for Decarbonization and Private Sector Growth

14, December 2021 – Abu Dhabi, United Arab Emirates:  The Advisory Board for the Global Aerospace Summit 2022 was attended by some of the most senior decision makers in the aerospace sector who outlined topics that need to be urgently addressed to advance the international aviation, aerospace, space and defense sectors. The board included high level representatives from Airbus, Boeing, Collins, Lockheed Martin, Lufthansa Technik, Raytheon Emirates, Saab, Safran, Sanad, Thales, Defense Services Marketing Council and Knighthood Capital. The Advisory Board see the Summit as a critical opportunity for the highest level of executive leadership teams to work collaboratively on the future of the sector. They value the global nature of the Summit speakers and delegates and highlighted the need for a policy driven ......read more

A Year of Success: QNET Receives Seven More Awards

Direct selling company receives new accolades from Globee, VEGA, and MarCom awards    Dubai – 14 December 2021: The e-commerce based direct selling company QNET has received seven new awards in the last two months at the 2021 Globee Awards, VEGA Digital Awards, and MarCom Awards. The awards recognise the world's most innovative and creative businesses, with QNET joining the podium alongside global brands such as Nike, Accenture, Salesforce, Cisco, Mastercard, PepsiCo, and more.  The Globee, VEGA, and MarCom wins are the most recent honours in a long chain of success and recognition for QNET this year. To date, QNET has received 33 awards in 2021 from multiple global industry contests, such as the TITAN Business Awards, NYX Awards, Stevie Awards, and more.   PEOPLE: OUTSTANDING ......read more

Zoho Collaborates with 'Startups Without Borders' to Empower Budding Migrant Entrepreneurs with Tech Resources

— Zoho granted the winners of the EdTech Awards access to its cloud-based products, one-on-one consultation on MVP building and free training  — Regional Director MEA, Ali Shabdar is participating in a panel discussion on the future of work Dubai - December 12, 2021:  Zoho Corp., the global technology provider, has teamed up with Startups Without Borders (SWB), a global platform connecting migrant and refugee entrepreneurs to opportunities and resources to build their businesses, to support six budding startups who won the EdTech Startups competition awards.  The partnership was announced at the SWB summit that took place at the American University in Cairo (AUC)'s Venture Lab. Zoho's collaboration with SWB is aimed at empowering up-and-coming migrant entrepreneurs from the Middle East, by ......read more

UAE came first in the Arab world, and 11 Globally in the Global Knowledge Index

UNDP, MBRF unveils 2021 Global Knowledge Index leaders at Expo 2020 Dubai   • Switzerland in first place globally, followed by Sweden, the US, Finland and the Netherlands • UAE came 2 globally in economy index, and 11 globally and in first place in the Arab world in the knowledge index.  • 154 countries take part in the 2021 edition of the index     Dubai, United Arab Emirates, December 14, 2021: Under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture & Arts Authority (Dubai Culture), The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) today unveiled the Global Knowledge Index leaders for 2021, in its fifth edition in a row, which aims to measure ......read more

Network as a Service: Learnings From This Year's Cisco Global Networking Trends Report

Dubai, United Arab Emirates, 13 December, 2021 — Cisco has published the latest Global Networking Trends Report based on a survey of 1,534 IT professionals across 13 countries. This year, the report focuses on Network as a Service (NaaS).    Responding to disruptions (45%) and accommodating new business needs (40%) were cited in the report as the top network challenges during 2021. 46 percent of respondents believe that the top benefit of NaaS will be freeing up IT resources to spend more time on strategically important work that drives business-critical transformations.    Respondents expect that adopting a NaaS model will change how they acquire, deliver and manage their networking capabilities.    The report also found:    1. Access to the latest technology: A major ......read more

G7CR Technologies Invests Over $1 Million in Start-Ups via Technology Services in the last Quarter

~Aims to invest up to $30 million to support start-ups in FY 22~ Dubai, 13th Dec, 2021: With an aim to boost the start-up ecosystem in the region, G7CR Technologies, one of the leading cloud service providers has invested over $1 Million in various start-ups via technology services in the last quarter. The ‘Start-up 360’ initiative by G7CR Technologies comes at a time when Start-ups, SMEs and SMBs are relying on Cloud Technology for technical and business edge.  3 Startups from UAE with the potential of a becoming a unicorn have already joined the program. The company has also identified 15 more such startups in the region who will be onboarded to the program. Around 30% of the investment has been reserved for Startups in the UAE region and the company will continue to double the investments as they onboard more ......read more

Chile holds 'Honey Week' as it Steps up Market Penetration in the UAE, Middle East

Branded Chilean honey has been making inroads to the regional market riding on its nutrition value and anti-bacterial benefit Dubai, December 12, 2021:  The Republic of Chile is holding a 'Honey Week’ in the UAE starting December 11, 2021, as part of the Latin American country’s participation at the Expo 2020 Dubai, with a host of companies highlighting their branded honey products throughout the week. In a statement, Chile Pavilion spokespersons said the activity has been conceived in the backdrop of the increasing acceptance and presence of the country’s honey products in the UAE market, as well as in other parts of the Gulf and Middle Eastern countries. “Over the last few years, there has been a marked shift in branded Chilean organic honey products foraying into the UAE and other markets in the ......read more

DP World UAE Honoured with the Mohammed Bin Rashid Al Maktoum Customer Excellence Award

The award affirms the entity’s exceptional business performance and customer-centric approach that drives growth for the UAE and the GCC  Dubai, United Arab Emirates, December 12, 2021: DP World UAE, the leading smart trade enabler won the 1st Cycle of the Mohammed Bin Rashid Al Maktoum Customer Excellence Award. Held under the patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai, the awards recognise leading organisations in the categories of business, innovation and customer excellence. Previously, DP World UAE bagged the Mohammed bin Rashid Al Maktoum Business Award and the Mohammed bin Rashid Al Maktoum Business Innovation Award. The recent win testifies to DP World UAE’s commitment of providing customers with outstanding services via its extensive ......read more

Bologna Fiere Introduced at Expo 2020 Dubai

12, December 2021 - Dubai, UAE: With a focus on four international events – COSMOPROF, the world's leading trade fair for the entire beauty industry; SANA, the International Exhibition of Organic and Natural Products; MARCA by Bologna Fiere, Private Label Conference and Exhibition; and ZOOMARK INTERNATIONAL, the International Exhibition of Pet Products and Equipment – BolognaFiere was at the centre of one of the initiatives promoted by the Emilia-Romagna regional administration to showcase the region's excellence at EXPO DUBAI.  Speaking at the meeting were Domenico Lunghi, Director of the Private Label Food and Pet Industry Business Unit, Ruben Sacerdoti, Head of Internationalization at the Emilia-Romagna regional administration, and taking part were stakeholders, professional operators and exhibition ......read more

Magic Fiber inventor, M-TEchX signs deal with BNP Group to Set up a Nanofiber Plant in Dubai

With an investment of $500 million, the Nanofiber plant in Jebel Ali to generate hundreds of jobs in UAE   • Advanced production plant will be operational by the end of 2022   • M-TEchX debuts its patented ‘Magic Fibre’ nanofiber product in Middle East   • Over 10,000 people visit PLANET JAPAN by M-TEchX exhibition at Dubai Exhibition Centre, EXPO 2020 Dubai.   • 3-day exhibition showcases premier Japanese innovations, food and culture   12 December, 2021; Dubai, UAE: M-TEchX, the Japan-based pioneer in innovative nanotechnology and inventor of the super material ‘Magic Fiber’ has signed a $500-million (AED1.8 billion) deal with UAE-based BNP Group for setting up an advanced nanofiber production plant in Jebel Ali, Dubai. The ......read more

His Highness the Crown Prince and Bill Gates Mark Decade-Long Disease Eradication Partnership As Niger announces Elimination of River Blindness

• Jointly supported global health initiatives between the Abu Dhabi Crown Prince and the US Philanthropist have significantly improved the lives of hundreds of millions of people   • Meeting in Abu Dhabi occurred prior to an event announcing Niger had officially eliminated river blindness, a significant milestone in the ongoing global effort to eradicate Neglected Tropical Diseases (NTDs)   Abu Dhabi, 10 December 2021 – His Highness Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi, and Bill Gates, Co-Chair of the Bill & Melinda Gates Foundation, met in Abu Dhabi to review the success of their global health partnership and plan future efforts, ten years after their first philanthropic collaboration to tackle diseases in the developing world.   The Bill and Melinda Gates Foundation ......read more

Republic of Paraguay Hosted Investment Conference; Keen to Boost Trade and Investment links with Middle East and Asia

Dubai; 09 December 2021: The South American country, Republic of Paraguay, hosted an investment forum on December 08th at Expo 2020, as part of the country’s strategic focus on attracting inward investments to the landlocked country and fostering bilateral relationship with the Middle East and Asia. The event was graced by H.E. Ambassador Estefania Laterza, National Director of Investment and Exports Network Rediex, Federico Sosa Otero, Investment Attraction Director Investment and Exports Network Rediex and José Aguero Avila – General Commissioner, Republic of Paraguay Pavilion for Expo 2020, along with representatives from the government of the UAE.  In the keynote address, H.E. Ambassador Estefania Laterza, National Director of Investment and Exports Network Rediex highlighted country’s investment ecosystem ......read more

Global Cisco Study Unveils Five Data-Driven Security Practices That Actually Work

News Summary:  • Security teams with modern, cloud-based IT are more likely to maintain pace of business, as it’s twice as likely their technology is kept up to date • Integrated technology with high levels of automation can help organizations overcome challenges with the global labor and skills shortage  • The Asia Pacific, Japan and China (APJC) region leads in both zero trust and secure access service edge (SASE) adoption globally   Dubai, United Arab Emirates, December 08, 2021 — Cisco has released its latest cybersecurity report, Security Outcomes Study Volume 2, surveying more than 5100 security and privacy professionals across 27 countries to determine the most impactful measures teams can take to defend their organizations against the evolving threat landscape. Respondents ......read more

Shurooq Launches 1.5-km Khorfakkan Beach Expansion Project

• Project to be completed by Q4 2022 • Developed beach front to be expanded to 2.5 km  • Expansion will include series of restaurants, gym, fountain and related services     Sharjah, December 08, 2021: The Sharjah Investment and Development Authority (Shurooq) has announced the launch of the Khorfakkan Beach expansion project, the first-of-its-kind inclusive beach destination in Sharjah’s Eastern region. The project will expand the present 1.5-km stretch of beach to 2.5 km.   Set for completion by the end of 2022, the project will include a series of restaurants and cafés along the beach, a fully equipped gym, fountain and other attractions, including service facilities and amenities that cater to the needs of all visitors including parking, and other ......read more

Brazil and UAE Close Ties

Among the big news is the opening of a Brazilian Tourist Office in Dubai Dubai, United Arab Emirates, 05 December 2021:  Brazil has been working to strengthen bilateral relations with the UAE on several fronts. Among the most important sectors are investments and tourism.  The big news is the start of the negotiations to open a Brazilian Tourist Office in Dubai. This will allow monitoring and understanding the market, strengthening relations with the touristic trade and industry and implementing strategies to attract tourists to Brazil. The date of the opening is yet to be defined. In a recent meeting with the UAE ambassador to Brazil, Saleh Alsuwaidi, the president of the Brazilian Tourist Board, Carlos Brito, reinforced that Brazil is ready to be visited by international tourists, mainly due to the advance of ......read more

14 French companies visit Expo 2020 Dubai, UAE to export Normandy Region in the Middle East

United Arab Emirates, December 1st, 2021- On the occasion of the fortnight for Peace at the Expo 2020 Dubai, UAE, Hervé Morin, President of the Normandy Region (northern France), visited the United Arab Emirates from November 23 to 25, 2021, along with a large delegation composed of 14 companies labelled Living Heritage Companies (EPV), which is the highest recognition mark from the French government to distinguish companies industrial and artisanal know-how in France. The aim of this mission was to promote Normandy Region and its companies, its sectors of excellence in the fields of technology, luxury wear, textiles and education such as the Normandy Management School getting ready to open a branch in Dubai by September 2022. The delegation also attended a conference on the theme of “Normandy for Peace” followed by a ......read more

Kanoo Machinery Showcases Innovative Machines, Equipment at Materials Handling Open Day 2021

November 30, 2021:  Kanoo Machinery, a leading provider of world-class machinery brands for sales and after-sales in the region, showcased innovative machines and equipment from its trusted partners and principals in the recently concluded Materials Handling Open Day. Held in Kanoo Machinery’s office in Al Quoz last November 23, the annual event featured live display and demonstration of machines, parts availability, and service capabilities offered by its principals and leading solutions providers in the Middle East, Hyster and Combilift. Hyster is a globally known machinery brand that offers a comprehensive range of warehousing equipment, industrial lift trucks, container handlers and reach stackers as well as quality parts to meet your materials handling needs—with a reputation of making durable lifting ......read more

Sunny Varkey Launches Tmrw, a new Learning Operating System (LearnOS) for Global Education to bring a Quality Education within Reach of Every Child

• Built to be accessible and affordable for Government funded schools operating in both the developed and developing world settings • Designed by educators for educators – with teachers at the heart of the platform • Spun out from GEMS Education, a company with a 62-year legacy in delivering global education      DUBAI, United Arab Emirates - November 30, 2021:   Tmrw, a new and scalable Learning Operating System (LearnOS) for global education with a mission to help bring a quality education to every child, was launched today.   Its interoperable All-In-One Integrated Platform is built to be accessible and affordable for Government funded schools operating in both the developed and developing world settings. In particular, it seeks to reach all students irrespective ......read more

Hotpack Scoops four Honours at PRIME Awards 2021, MD chosen MEA Personality of the Year

Awards include best in class packaging printer and recognition for sustainable packaging    Dubai, November 28, 2021:  Hotpack Global, the world’s leading manufacturer of disposable food packaging products, scooped four awards at the Packaging Resource & Innovations Middle East Awards 2021 (PRIME Awards 2021), the prestigious competition for the regional packaging industry in Middle East and Africa (MENA). In a statement, Hotpack Global said, winning the PRIME awards were a milestone for the company’s endeavors in consistently excelling in the packaging business with focus on sustainability. “These prestigious awards are a testimony and a vindication of Hotpack’s business and sustainable community proposition which we have been consistently improving upon by adopting innovative ......read more

GMIS PRL 7 Titled: Mohammed Bin Rashid Initiative for Global Prosperity Announces Aerofarms as the Global Prosperity Award Winner

• AeroFarms is a leading indoor vertical farming and controlled environment agriculture company that has committed to offering mentorship support to four social innovation start-ups that won Cohort 2 of the Global Maker Challenge  • The Award is offered to companies who showcase their commitment towards making a positive impact on society by supporting innovators from the Global Maker Challenge • An expert judging panel led by the University of Cambridge selected AeroFarms as the winner of the Global Prosperity Award for its social responsibility, leadership and customised support plans that will enable the innovators to scale their solutions • The innovators benefiting from Aerofarm’s support are Agricycle Global, Algiknit, ID2020, and Ryp Labs • The Global Prosperity Award was announced ......read more

Zayed Higher Organisation, Bauerfeind ME sign JVC to Train People of Determination in making Prosthetics and Orthotics

The Joint Venture agreement, showcasing UAE-German cooperation in technology and public-private partnership, has been signed at a ceremony held at the UAE pavilion in Expo 2020. Dubai – November 24, 2021: The Zayed Higher Organisation for People of Determination (ZHO) has signed a Joint Venture Contract (JVC) with German healthcare equipment manufacturer Bauerfeind ME’s affiliate Orthopedic Technic Berlin (OTB) at the UAE pavilion of the Expo 2020.  The JV, showcasing UAE-German cooperation in technology and public-private partnership, will enable Bauerfeind to employ and train people of determination to produce prosthetics and orthotics at the ZHO facility in Abu Dhabi. This initiative is a commitment of the two organizations with a common goal towards providing people of determination with tools to be ......read more

Hotpack to Implement Xtendsales Mobile Salesforce Automation in Saudi Arabia

KSA deployment follows successful results from the digital transformation platform in the UAE operations Dubai, November 24, 2021:  Hotpack Global, the world’s leading manufacturer of disposable food packaging products, announced implementing XtendSales Mobile Salesforce automation solution in Saudi Arabia, following successful results in its UAE operations from the deployment of the digital transformation platform. In a statement, Suhail Abdulla, Vise President Hotpack Global said it has signed an agreement with the digital cloud-driven sales and delivery management tech firm, XtendSales, with the aim of bringing seamlessness to day-to-day business process in the Kingdom. “Hotpack has been in the forefront in the packaging industry in innovating its operations from the factory floor to customer relationship ......read more

DP World Bags Two Awards for its Remarkable Contribution to the Industry at the Maritime Standard Awards 2021

The accolades signify DP World’s efforts in facilitating uninterrupted trade flow, solidifying the entity’s status regionally and globally Dubai, United Arab Emirates, November 23, 2021: DP World, the leading smart trade enabler bagged The Terminal Operator of the Year and The Technology/Innovations awards at the eighth annual Maritime Standard Awards. Held on November 22, 2021, under the patronage of H.H. Sheikh Ahmed Bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman Emirates Airline and Group, the award ceremony witnessed the attendance of 800 professionals from various segments in the industry.  The entity’s long-standing commitment to innovation, its forward-thinking approach and its advancements in efficiency and productivity won them these accolades. The prestigious awards ......read more

‘50 Years Down, Entrepreneurship will Serve as the Infrastructure of UAE's Post-Oil Economy', Distinguished Panel Observes at SEF 2021

5th annual Sharjah Entrepreneurship Festival opens with insightful discussions on the nation’s vision for the UAE’s entrepreneurial ecosystem over the next 50 years   • Bodour Al Qasimi: We are paving the way for the next phase of local entrepreneurial growth. • Dr. Ahmed Belhoul Al Falasi: Investments into the UAE have doubled in the past four years. • Fadi Ghandour: The UAE’s ecosystem is bubbling and changing the face of the economy. • Najla Al Midfa: We are not a business incubator; we are a talent incubator. • Magnus Olsson: The region has half-a-trillion-dollar opportunity to tap into.     Sharjah, November 22, 2021   The UAE’s strong focus on innovation and the substantial opportunities open to aspiring founders at every ......read more

Homegrown Founders Credit Success to Supportive Local Ecosystem at Sharjah Entrepreneurship Festival 2021

Entrepreneurs praise the ease of doing business the country offers as well as the incubators that nurture their journeys from being dreamers to changemakers Sharjah, November 23, 2021 Leading UAE-based founders praised the nation’s startup ecosystem, and the ease of access and support it provides to dreamers with big ideas of change during a panel session ‘Charting a new course: Entrepreneurs as Changemakers’ on the opening day (Monday) of the 5th edition of Sharjah Entrepreneurship Festival (SEF 2021), organised by the Sharjah Entrepreneurship Center (Sheraa).  The panel’s speakers, Hayat Al Hassan, founder of peer-to-peer car rental app Sweech; Ihsan Al-Hayek, Mena regional manager of banking API Dapi; and Maria Sohb, Cofounder of sustainable solutions company, The Concept, led the conversation ......read more

Ras Al Khaimah Economic Zone's Mobile App Goes Live

Ras Al Khaimah, 22 November 2021: Ras Al Khaimah Economic Zone (RAKEZ) has unveiled the RAKEZ Mobile App, another key milestone in the economic zone’s ongoing digitisation journey that aims to boost the ease and accessibility it offers to global investors. Available on both Apple Store and Google Play, the app is packed with wide-ranging features that allow clients to submit and track renewal requests; top-up their e-wallet; browse service catalogue; receive important updates; book an appointment with a RAKEZ representative and many more. It also provides instant online support to individuals who have RAKEZ-related queries and clarifications. “Over the past years, we have been embarking on a series of digital transformation projects and among our most recent successes is the launching of the RAKEZ Mobile App. We ......read more

Other Top Stories from Banking and Investments
 
Ajman Free Zone Registers 349 New Companies During The Third Quarter Of 2021…

Ali AlSuwaidi: “The great results reflect increasing confidence of companies and investors in AFZ. We will continue to serve as an ideal incubator for the growth & expansion of our business partners” Education sector marks the fastest growth in Q3 2021 with a 34 per cent rise in the number of new companies Number of new companies in advanced technology sector grows by 21 ......read more

Ajman Free Zone signs new agreement with Ajman Chamber…

Partnership reflects both parties’ goal to provide high-quality services Ali AlSuwaidi: “We will cooperate with Ajman Chamber to improve service efficiency and enhance the competitiveness of local business community” Salem Al-Suwaidi: “Our agreement to support business continuity and provide distinguished government services to enhance Ajman’s ......read more

Al Ansari Exchange wins Dubai Chamber's MRM Customer Excellence Award…

December 19, 2021- In recognition of its commitment to deliver outstanding customer experiences, Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has won the “Mohammed bin Rashid Al Maktoum (MRM) Customer Excellence Award” in the finance category in its 1st cycle.   Given by the Dubai Chamber of Commerce and Industry, the niche ......read more

Ajman Free Zone signs strategic partnership with Al Habbai DKH…

Ajman Free Zone (AFZ) announced a new collaboration with Al Habbai DKH in line with its efforts to expand partnerships with various services providers to effectively meet business partners’ needs. The partnership reflects AFZ’s keenness to enhance the delivery of services, facilitate foreign investors’ journey, upgrade value-added services and solutions, and accelerate the ......read more

Ajman Free Zone signs MoU with Dubai National Insurance and Reinsurance PSC…

December 13, 2021: In line with the commitment to continuously expand strategic partnerships, Ajman Free Zone (AFZ) has signed a Memorandum of Understanding (MoU) with Dubai National Insurance and Reinsurance PSC. H.E. Eng. Ali AlSuwaidi, Director General of AFZ, and H.E. Abdulla Al Nuaimi, CEO of Dubai Insurance and Reinsurance, inked the agreement in a ceremony attended by several officials ......read more

Al Ansari Exchange and Bill & Melinda Gates Foundation Sign $10 Million Agreement to Improve ...…

December 12, 2021-  Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, and the Bill & Melinda Gates Foundation pledged USD 10 million through the foundation’s matching program to support healthcare humanitarian programs in the Middle East and Africa region. This announcement comes during a meeting held in Dubai between Bill Gates, the ......read more

First-ever ‘Made in AFZ' exhibition ends on a high note…

November 30, 2021: The Ajman Free Zone (AFZ) has concluded its first-ever ‘Made in AFZ’ exhibition on a successful note following a remarkable participation from the free zone’s business community. The three-day event which was held at AFZ’s headquarters earned wide acclaim and generated a strong turnout of visitors, and served as an ideal platform for AFZ businesses to ......read more

ABCC organizes seminar to promote Brazil's fresh fruits exports in Arab countries…

November 30, 2021- The Arab-Brazilian Chamber of Commerce (ABCC) has organized a seminar titled ‘Opportunities in Fresh Fruits Sector’ for a delegation from the Brazilian Fruit Growers and Export Association (Abrafrutas) in the UAE. The seminar organized in line with the initiatives to promote the potential of Brazil as fresh fruits supplier to the Arab countries was held at ......read more

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