Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Banking and Investments
Ajman Free Zone signs MoU with Mashreq Bank to facilitate banking services for businesses

Ajman, United Arab Emirates (January 22, 2020):   Ajman Free Zone has signed a Memorandum of Understanding (MoU) with Mashreq Bank, the oldest privately-owned bank in the UAE.  The agreement, spanning two years, will entail any business that chooses to set up in Ajman Free Zone being recommended the services of Mashreq Bank during the registration or licensing process.  This agreement also applies to businesses already registered under Ajman Free Zone Authority.  When applying, companies will be prioritised by Mashreq Bank, which has allocated resources specifically for this, allowing for a quicker account set-up. Businesses will undergo the same standard vetting application process as other applicants, but the service will be faster.  “We are delighted to sign the MoU with Mashreq Bank. ......read more

New Management Structure for LIXIL EMENA and GROHE: Consolidating Focus on Commercial and Technical Operations

● Stefan Gesing, CFO to leave Grohe AG ● Thomas Fuhr and Jonas Brennwald to lead GROHE brand and focus also on international LIXIL role ● New executive teams for Commercial and Technical operations established to accelerate progress     Dubai, United Arab Emirates, 22th January 2020. GROHE, a leading global brand for full bathroom solutions and kitchen fittings, today announced a new organization structure to accelerate progress and drive a deeper focus around commercial and technical operations.   The new management team for Grohe AG within LIXIL EMENA will consist of Thomas Fuhr and Jonas Brennwald, serving on the management board of Grohe AG. Brennwald, who will also serve as CEO, LIXIL Water Technology EMENA, will lead all commercial aspects for the brand and the EMENA region for ......read more

Future of safety, security and fire protection on display at Intersec 2020

From 8x8 vehicles to firefighting via VR – three-day show sets agenda for global security sector     Dubai, United Arab Emirates, January 21, 2020:    Intersec, the leading security, safety and fire protection trade show wrapped up on Tuesday, 21 January, following a three-day run which has brought the latest products and services for the industry under the spotlight.   NAFFCO, a Middle East manufacturer of firefighting solutions, and one of the show’s founding sponsors, turn attention on the future, with a range of high-tech specialised vehicles and products designed to combat fires. Taking centre-stage was the Falcon-8, an 8x8 drive vehicle, with separate water and foams tanks vehicle built for fighting fires in airports.   Elsewhere, FLAIM Systems showcased its all-new ......read more

SunTrust Bank Nigeria to Revamp its Partnership with ICSFS

Amman, Jordan: SunTrust Bank Nigeria, a privately held commercial bank in Nigeria, has recently conducted an executive incentivised meeting with ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to revamp its partnership and roadmap. The meeting was held at ICSFS’ Jordan Center of Excellence, where the new executive management team of SunTrust discussed its historically strong partner relations with ICSFS, the adoption of new products and the latest features of ICS BANKS, and conferred its roadmap and future growth. SunTrust Bank Nigeria is poised to create value for its customers by leveraging on its competencies and a team of highly motivated staff, the bank work tirelessly to develop and provide a broad range of unique financial services and products to ......read more

The Ultimate Sports Experience is back

Corporate Sports Championship 2020 officially launched at Dubai Sports Council   Dubai, United Arab Emirates, January 19, 2020:   After winning awards and breaking records in 2019, the most prestigious corporate sporting event in the UAE, the Corporate Sports Championship 2020, returns to Dubai on February 27-29, 2020. The blue-ribbon event, presented in collaboration with Dubai Sports Council and empowered by Great Place to Work, unites more than 28 of the UAE’s top companies, including many Government entities, to compete in over 22 sports and activities over three action-packed days at the state-of-the-art Swiss International Scientific School.  Over 2000 men and women are expected to take part this year at the family friendly event, which was awarded Fitness Event of the Year at the recent 2019 ......read more

MoHAP's Training & Development Center Receives the Silver Award from the American Heart Association

Dubai, 18th January 2020:  For the fourth consecutive year, the Ministry of Health and Prevention, MoHAP, represented by its Training & Development Center received the Silver Award from the American Heart Association following the Center’s success in providing simulation-based life-support training programs for basic and advanced CPR and children's recovery in accordance with the highest international standards. The achievement comes as part of MoHAP’s vigorous efforts to enhance Continuing Medical Education (CME) offerings and provided outstanding healthcare services for society happiness and support the sustainable development strategy, and to improve the outcomes of the national indicator of cardiovascular disease mortality rates, in line with MoHAP’s strategy to provide comprehensive, integrated, and ......read more

World security, safety and fire protection experts converge in Dubai for Intersec

Advanced tech solutions and future of security under the spotlight during three-day exhibition and conference     Dubai, United Arab Emirates, January 18, 2020:  The world’s leading security, safety and fire protection experts will gather in Dubai for the 2020 edition of Intersec, the world’s leading trade fair for security, safety and fire production, from 19 – 21 January to probe the latest technology solutions transforming the global security industry.   More than 1,100 exhibitors for 50-plus countries, including the majority of the world’s top 50 security manufacturers will be displaying the latest security solutions across the three days when the show opens on Sunday (19 January).   While the exhibition will be a window to disruptive technology shaping the ......read more

Secure Technologies and Artificial Intelligence in Focus for Airbus at Intersec 2020

Dubai, UAE - 18th January 2020:   Airbus, a leading provider of secure communication and collaboration solutions, will be showcasing their latest secure communications solutions at the 22nd edition of Intersec this year in Dubai, taking place at the Dubai International Convention and Exhibition Center between the 19th and 21st of January.  Airbus’s pioneer collaboration tool, Tactilon Agnet will be in the spotlight during the exhibition. The professional solution , which has both application and platform features, secure and reliable Tetra group communications at the touch of a button, as well as efficient and secure information exchange between Tetra radios and smartphones, is also used for assisting, for instance, police officers or security personnel.   The award-winning Tactilon Dabat, a Tetra radio ......read more

Sanad Powertech Awarded Shams Power Company Maintenance Contract

The Masdar project is one of the world's largest operational concentrated solar power plants The contract marks the first collaboration between Mubadala's power generation companies    Abu Dhabi, UAE – 18 January 2020:   Sanad Powertech, a wholly owned subsidiary of Mubadala Investment Company (Mubadala) and the energy and industrial MRO service provider, has been awarded a contract for the MRO operations of the steam engine and power generator of Shams Power Company, one of the largest operational concentrated solar power plants in the world. The contract was signed during the Abu Dhabi Sustainability Week, held from the 11th to 18th of January 2020. The project within the domestic portfolio of Abu Dhabi Future Energy Company (Masdar), a wholly owned subsidiary of Mubadala, and global ......read more

Eaton adds to cybersecurity portfolio with industry-first dual UL and IEC product certifications for global building, industrial, distributed IT and data center applications

• Eaton uninterruptible power supply (UPS) connectivity devices are first technologies to meet both IEC 62443-4-2 and UL 2900-1 cybersecurity standards  • Eaton emphasizes need for common global cybersecurity standard for safe, secure power in a more connected and electrified world      Dubai, United Arab Emirates, January 16, 2020:     Power management company Eaton continues to expand its cybersecurity program with International Electrotechnical Commission (IEC) cybersecurity certifications for its Gigabit Network Card and Industrial Gateway Card. The products also comply with UL cybersecurity standards to provide advanced network protection for UPS connectivity devices. Eaton is the first in its industry to achieve dual certifications for rigorous IEC and UL product ......read more

ICSFS Recognised for its Core Banking Implementation by IBSI

Dubai, United Arab Emirates, January 16, 2020:    IBS Intelligence recognised  ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, for its Core Banking Implementation during its IBS Intelligence Global FinTech Innovation Awards 2019. The IBS Intelligence Global FinTech Innovation Awards 2019 was held on 22nd November, at the Four Seasons Hotel in Mumbai.  ICSFS submitted its Core Implementation for The People’s Bank of Zanzibar (PBZ), which is wholly owned by the Government of Zanzibar and is one of the oldest commercial banks in Tanzania.  ICSFS chose PBZ Implementation’s success story because it is a fully-fledged commercial bank offering banking services in conventional and Islamic Banking for both, retail and corporate ......read more

Grohe's “Green Mosque” Initiative Ranks Fourth in The Best PR Campaigns for This Decade Based on Public Vote

Dubai, United Arab Emirates, 16 January 2020:   GROHE was ranked fourth for its "Green Mosque" initiative in the list of the best PR campaigns for this decade by the "Holmes Report" in London, based on public vote. This initiative is part of the Corporate Water Responsibility program “WaterCare” launched by GROHE, with the aim of reducing water waste in the region. Under the “Green Mosque” initiative, GROHE, in cooperation with its local partners, provided selected mosques in the Middle East and North Africa with water-saving facucets, which contributed to a 30 percent reduction in water consumption during ablution rituals adopted by Muslims. Within this framework, GROHE continued its efforts and launched the second phase of the project under the name of  “Turn ......read more

Leading German Car Manufacturer Chooses Getac for Worldwide Provision of Rugged Mobile Devices and Solutions

Announcement marks another major global customer win for Getac in the automotive industry   Dubai, United Arab Emirates, 14th of January, 2020 – Getac, a leading rugged mobile computing manufacturer today announced it has been selected by the BMW Group to supply rugged mobile devices and solutions across its global network for a wide range of applications including R&D, production, warehouse logistics and workshop diagnostics. The announcement expands on an existing technology partnership between the two companies, which has seen Getac supply rugged equipment to the BMW Group for vehicle and application testing over the last six years.  With the partnership renewed, Getac has received a large new order from the BMW Group for its S410, V110, F110, A140, UX10 and T800 series rugged notebooks and ......read more

Syrian Businessman Ali Makhlouf among the youngest and top successful business leaders

Dubai, United Arab Emirates, January 13, 2020:   We live in a world which is evolving every day and is requiring businesses that are high growth and high impact, as well as success that materializes by different levels of commitment, determination and willpower; Speaking about success and enthusiasm, it is vital to mention Ali Makhlouf, the youngest and most successful Syrian businessman and the second son of tycoon Rami Makhlouf.  Mr. Ali manages multiple companies owned by his family and has proven to be an exceptional and wise business leader through his participation in every business field. He is known for his entrepreneurial spirit, community-orientated mindset, and his tendency toward innovation and had never failed to add life to any business through the dynamism to management process in the turbulent business ......read more

Why Video Surveillance Is Great for Retailers & Consumers

Dubai, United Arab Emirates, January 13, 2020:    Big brother has arrived – or perhaps it’s his better intentioned younger cousin. Every day we are being watched whether we’re checking into a hotel, visiting a friend in hospital or simply out grocery shopping. Video surveillance technology – the CCTV age - is now a fact of life we are so used to that we simply overlook it.   Yet now smart surveillance is likely to become increasingly important to retailers in the Middle East & Africa, which includes some of the world’s most famous and successful operators.   Leading surveillance solutions provider IDIS says next gen IP HD video surveillance technology will soon be watching us while we shop. And the company’s Senior Sales Manager Middle East & Africa, Jamil Al ......read more

In Giant Leap Forward, Virgin Hyperloop One Announces Technology Can Be Powered Completely Off-Grid in Middle East

The system would be up to ten times more energy-efficient than short haul flights, 50 per cent more efficient than high-speed trains, says Virgin Hyperloop One executive prior to Abu Dhabi Sustainability Week   ABU DHABI, UAE - JANUARY 13, 2020 – Virgin Hyperloop One (VHO), the world’s leading hyperloop company, announced its participation at this year’s Abu Dhabi Sustainability Week (ADSW), a global platform that seeks to accelerate sustainable development. The annual event is taking place in the UAE’s capital, Abu Dhabi, from January 11th – 18th 2020. VHO is presenting at ADSW’s headliner event, the World Future Energy Summit (WFES) to discuss what it will be like to travel in the 21st century.  At speeds of over 1,000km/h, hyperloop can connect all Gulf cities within an hour from ......read more

Samsung's Family Hub Brings Food AI and Automation into the Kitchen at CES 2020

The next-generation Family Hub features new AI capabilities to streamline meal planning, from the grocery store to your home   Dubai, United Arab Emirates, January 12, 2020:    Samsung Electronics Co., Ltd. unveiled the latest edition of its Family Hub refrigerator, with intelligent new features that automate meal planning and other daily tasks and deliver a more personalized experience. Family Hub for 2020 will enable families to more easily share life’s important moments with one another and control more of the connected devices within their smart home.    “In the five years since we launched Family Hub, we have introduced innovations that reflect the new ways that busy, modern families are managing their daily lives,” said John Herrington, Senior Vice President, General Manager ......read more

Empower Participates in the World Future Energy Summit 2020

Dubai, UAE, 12 January 2020:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has announced its participation in the thirteenth edition of the World Future Energy Summit 2020, the world's largest annual conference on renewable and future energy solutions. The Summit is being held from 13 to 16 January at the Abu Dhabi National Exhibition Centre (ADNEC)..  The World Future Energy Summit 2020 is a global industry platform that brings together senior government and business leaders, policy makers, producers, investors, financiers, innovators, and buyers of sustainable solutions. Extraordinary ideas that can lead to a wave of change in the clean and renewable energy sector, are fostered and born through the collaboration of such great minds at ......read more

Lg to Accelerate B2B Innovation With Microsoft

LG Powers Automotive Infotainment and Building Management Systems with Microsoft Azure Cloud and AI Technologies     DUBAI, January 12, 2019 — LG Electronics (LG) is working with Microsoft to build its automotive infotainment systems, building management systems and other business-to-business collaborations. As announced at CES 2020, LG will leverage Microsoft Azure and AI services to accelerate the digital transformation of LG’s B2B business growth engines. A year ago, LG started its collaboration with Microsoft to enhance and further grow LG’s autonomous vehicle and infotainment system business. LG will expand the scope of new projects beyond the automotive sector and further into the commercial space. LG plans to enhance its management systems to enable its Building Energy Control (BECON) ......read more

Kia Motors Corporation MEA appoints Memac Ogilvy for PR partnership in MEA region

Dubai, United Arab Emirates, January 09, 2020:   Kia Motors Corporation MEA has appointed Memac Ogilvy to lead its public relations in a multi-market partnership across Middle East and Africa — a new partnership for the automotive giant.  The account will be handled by Memac Ogilvy’s hub office in Dubai, UAE, and service major markets in the region, including Algeria, Morocco, Egypt, Iraq, Jordan, KSA, Kuwait, Lebanon, Oman, Qatar, and South Africa. Yaser Shabsogh, Chief Operating Officer, Regional HQs, Middle East & Africa, Kia, said: “As we continue to witness a rapid change in the auto industry, we are determined to enhance Kia’s brand power and reputation. We believe in synergy and are positioned to respond to the opportunities the changing era brings with the help of Ogilvy and their ......read more

Management Change: Michael Mager, Executive Director Human Resources & Organization to retire after 15 years with GROHE and LIXIL

Dubai, United Arab Emirates  8th January 2020:  GROHE, a leading global brand for full bathroom solutions and kitchen fittings, announces today that Michael Mager, Executive Director Human Resources & Organization will retire after 15 years with GROHE and LIXIL.  “We would like to thank Michael for his dedicated commitment for the Human Resources department. He has managed to enable the brand through many challenging and exciting times. During his tenure leading the HR function he set the direction for the brand’s leadership and people management. Michael was also aware of our bigger purpose: He was committed to the Don Bosco program to educate future plumbers in the third world. Thank you, Michael, for your dedicated work and all the best for you and your family for the future,” says Thomas Fuhr, ......read more

DAFZA's total trade reaches AED 120 billion in the first nine months of 2019

- Growth of 11.2% in the total trade - Trade surplus of AED 16.2 billion - Re-exports grow by 11.8% January 8, 2020; Dubai, UAE: Dubai Airport Freezone Authority (DAFZA) today announced that it contributed 12% of Dubai's AED 1.02 trillion foreign trade in the first nine months of 2019. The results highlight the success of DAFZA’s strategic projects that have played a role in supporting Dubai’s economic growth and enhancing its GDP.   DAFZA’s operational performance supported the increase in global trade through the free zone. DAFZA achieved a growth of 11.2% in the total value of foreign trade to reach AED 120 billion, in addition to an 11.8% growth in re-exports, valued at AED 68 billion and accounted for 21.7% from the total re-exports in the emirate of Dubai. This came as a result of ......read more

Jumbo Distribution partners with Swiss brand Laurastar to bring top-of-the range ironing products in the UAE

Dubai, UAE; 6th January 2020:   Jumbo Distribution, a division of Jumbo Group, has expanded its brand portfolio by partnering with Swiss brand Laurastar SA, the world leader in Premium Quality professional ironing systems.   Jumbo Electronics will become the exclusive representative, distributor and service provider of Laurastar garment care products in the UAE, including end-to-end operations from distribution, logistics, warranty and service. Among the products that will be distributed are a collection of steam generators and two new products:   • the Laurastar #CONNECTED LAURASTAR SMART range an exclusive 3-in-1 system equipped with suction and blower, a steam generator and a professional iron;    • the #PROTECT LAURASTAR LIFT range, a steam station that irons, steams and ......read more

Nisir Microfinance Institution to Choose ICS BANKS from ICSFS to Drive its Growth in Ethiopia

Dubai, United Arab Emirates, January 06, 2020:   Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has selected ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to be its technology partner in providing a turnkey project, delivering its ICS BANKS Microfinance solution. Along with its Headquarters, Nisir MFI has 5 branches in Addis Ababa, Ethiopia. Based on Nisir’s current and future expected growth, a microfinance solution is needed in order to automate the operations of the institution. Nisir MFI decided to procure a comprehensive and agile core banking system last year, the end of November 2018, where it published an RFP, and have shortlisted five global leading ......read more

Fatema Alhaddad wins EY Bahrain Corporate Finance Woman of the Year Award

The EY initiative, taking place for the first time in Bahrain, inspires female Bahraini business students to take up careers in transaction advisory services (TAS) and corporate finance   Dubai, United Arab Emirates, January 05, 2020:   Fatema Alhaddad, a Bahraini female student from Bahrain Polytechnic, has been named the winner of the inaugural EY Bahrain Corporate Finance Woman of the Year (CFWY) award at a ceremony held in Manama. Fatema was selected from a group of six finalists who competed at the national level in the Kingdom. Following her win, Fatema will now compete against finalists from 21 other countries, including: Australia, Germany, Japan, the Kingdom of Saudi Arabia, Norway, Russia, Singapore, the United Arab Emirates, the United Kingdom, and the United States at the global level.   Held ......read more

Other Top Stories from Banking and Investments
 
Union Coop Honored by Dubai Chamber for the Seventh Consecutive Year…

The prestigious CSR Label recognized Union Coop’s efforts in the field of Corporate Social Responsibility initiatives for the seventh year in a row   Dubai, United Arab Emirates - October 06, 2019:    Union Coop, the largest consumer cooperative in the UAE, has been awarded the Dubai Chamber Corporate Social Responsibility (CSR) Label for the seventh consecutive year. ......read more

du Introduces Innovative Marketplace for AI-Powered eHealth Solutions at GITEX Technology Week 2019…

The customer-centric AI innovations build on du’s drive towards enhancing patient safety and physician efficiency through technological innovation Dubai, UAE, 6 October 2019:  Through its commitment to making the United Arab Emirates the happiest country in the world, du, from Emirates Integrated Telecommunications Company (EITC), has unveiled three innovative Artificial ......read more

Headline: UAE all set for 10th edition of Annual Investment Meeting…

5 Pillars, One Belt One Road event, Football Investment World Cup & Fun Run are major highlights of the event to be held in Dubai on 24-26 March 2020  Dubai, United Arab Emirates - October 05, 2019:    Annual Investment Meeting (AIM), world’s leading investment platform, an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh ......read more

Union Coop Heads to China to Maintain Fish Food Security Standards…

Dubai, United Arab Emirates - October 03, 2019:    Union Coop, the largest Consumer Cooperative in the UAE signed agreements with ‘Fish Farms’ and exporters in the People’s Republic of China, which will contribute towards the price reduction of Fish and marine products by 20 to 25%, compared to the current prices. In addition to building a sustainable Food and Fish ......read more

Dubai Chamber awards CSR Label to Alpen Capital for the eighth time…

Dubai, United Arab Emirates -  October 02, 2019:   Alpen Capital (ME) Limited, Dubai, was recognized once again with the Dubai Chamber CSR Label. This is the eighth consecutive year that the organization has won the accolade for its Corporate Social Responsibility (CSR) efforts. H.E. Majid Saif Al Ghurair, Chairman, Dubai Chamber of Commerce and Industry presented the award to ......read more

Refinitiv: Assets Under Management of Arabian Fund Markets increased to US$ 32.4 billion in H1 2019…

Dubai, United Arab Emirates -  October 02, 2019:   The fund industry in the Arabian markets including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates enjoyed overall estimated net inflows of $2.5 bn in H1 2019 according to Refinitiv Lipper Data. These inflows occurred in a volatile but positive market environment driven by discussions about a possible ......read more

The region's first Middle East Instrumentation Control and Automation Conference held successfully…

The event was powered by industry stalwarts including Saudi Aramco, SABIC, Siemens, ADNOC, Kuwait Oil Company, Yokogawa and several others Dubai, United Arab Emirates -  October 02, 2019:   The selection of right instrumentation plays a vital role across varied industries. It aids in heightened efficiencies, allows for reduced environmental impacts and is a valuable face to ......read more

The Most Powerful and Advanced Smartphones — iPhone 11 Pro and iPhone 11 Pro Max — and All New Dual ...…

du is providing the new iPhone 11 line-up to both individual and enterprise customers via a customer-centric range of offers Dubai, UAE, 1st October  2019:  du, from Emirates Integrated Telecommunications Company (EITC), today announced it is offering the latest products from Apple, including iPhone 11 Pro and iPhone 11 Pro Max, a new pro line for  iPhone, as well as the new ......read more

Ajman Bank Supports UAE Federal Council Election Process…

To support the UAE Federal Council Elections and facilitate voting, Ajman Bank has announced paid time off for its employees. All eligible Ajman Bank staff will be able to leave work 2 hours early at the end of the day from 1st to 3rd October to cast their votes. Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, stated, “Very often, people opt not to vote despite the significance ......read more

Tabreed Concludes its Participation in UN Climate Action Summit 2019…

30 September 2019, Abu Dhabi, UAE:  The National Central Cooling Company PJSC “Tabreed,” the global leading UAE-based district cooling developer, participated in the United Nations Climate Action Summit 2019 and related side events, which took place in New York City, USA from 21 – 25 September 2019.  The summit brought together international stakeholders from the ......read more

11 per cent of Al Ansari Exchange workforce made up of UAE Nationals…

97 per cent of Al Ansari Exchange sales call center is managed and operated by Emiratis   UAE, September 30, 2019:   Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, affirmed its commitment towards the UAE’s Emiratisation drive to boost the national workforce in the private sector in line with the UAE Vision 2021 National ......read more

P&O Marinas Reinforces Dubai's Position as Leading Destination for Yachting Enthusiasts…

Participation In Monaco Yacht Show Underpins Rapidly Rising Profile Of The Yacht And Superyacht Sector In The UAE Dubai, United Arab Emirates -  September 30, 2019:   P&O Marinas, a DP World company, has showcased Dubai’s position as a growing and highly sought-after destination for the global yachting community at the Monaco Yacht Show, superyacht enthusiasts and the ......read more

UAE all set for 10th edition of Annual Investment Meeting…

Five Pillars, One Belt One Road event, Football World Cup & Fun Run are major highlights of the event to be held in Dubai on 24-26 March 2020 Dubai, September 29, 2019:  Annual Investment Meeting (AIM), world’s leading investment platform, an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President ......read more

BIOS Middle East puts the spotlight on Multi-Cloud during GITEX 2019…

BIOS Middle East will be participating at the week-long technology trade show with Cisco, highlighting the benefits of Multi-Cloud environments.    Dubai, UAE – September 29, 2019:  Successfully advancing customers’ cloud journeys, UAE-headquartered BIOS Middle East together with global technology giant Cisco, will be showcasing how customers can efficiently and ......read more

HUECK Middle East showcases innovative products & solutions at ‘Windows, Doors & Facades Event 2019'…

HUECK is known for its collaborations with research & development institutes for system developments including green technology sector September 26, 2019:   HUECK Middle East Aluminium Systems, one of the leading and most trusted aluminium solutions system provider, is showcasing its latest, and some of the most innovative solutions for the façade industry at the ......read more

Anglo-Gulf Trade Bank Brings International FinTech Talent Home to Abu Dhabi…

Innovative internship program bolsters Abu Dhabi’s status as a world-class centre for finance and innovation Abu Dhabi, UAE, 26 September, 2019: Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, recently brought a new wave of fresh, creative, and curious financial minds to the world-leading financial hub of Abu Dhabi as part of the company’s inaugural ......read more

Zurich launches global contest to spot promising startups from around the world, including from the ...…

Dubai, United Arab Emirates -  September 25, 2019:    Zurich Insurance Group (Zurich) has launched the second edition of its global ‘Zurich Innovation Championship’, offering startups from around the world the opportunity to work with the global insurer to grow their business.  In its second year, the global contest which prides itself as one of the leading ......read more

FANR Certifies second group of UAE National Nuclear Reactor Operators…

- A major milestone in the UAE Peaceful Nuclear Energy Program - 53 SROs and ROs now qualified to work at the Barakah plant; of which 22 are UAE Nationals  - Certification is part of Operational Readiness; a key requirement of the Operating License Application   Abu Dhabi, UAE - 24 September 2019:  The second group of 38 multinational Senior Reactor Operators ......read more

Al Ain Book Fair Launches its 11th Edition…

Event held under the Patronage of HH Sheikh Tahnoun bin Mohammed bin Khalifa Al Nahyan Prominent Emirati and resident authors, artists and intellectuals to take part in a varied cultural programme, organised by Department of Culture and Tourism - Abu Dhabi Al Ain Book Fair set to run from September 24 to October 3 Al Ain, UAE – September 23, 2019:  Under the Patronage of HH ......read more

H.E. Eng. Hessa Al Malek awarded Integration of Women in the Maritime Sector Award at Seatrade ...…

September 23, 2019:  In a glittering awards ceremony awarding the best of the regional maritime industry, H.E Eng. Hessa Al Malek, Marine Transport – Executive Director, Federal Transport Authority - Land & Maritime, was given the Integration of Women in the Maritime Sector Award while Capt. Rado Antolovic Phd, CEO & Managing Director, DP World - Maritime Services Division was ......read more

DHL Express announces annual price adjustments for 2020 in United Arab Emirates…

Average rate increase of 4.9%, effective January 1, 2020 Dubai, United Arab Emirates -  September 23, 2019:   DHL Express, the world’s leading international express services provider, announced a price increase today that will take effect on January 1, 2020. The average shipment price will be 4.9% compared to 2019. “It is our goal at DHL Express to support our ......read more

Dubai Soars to Number Eight Amongst Global Financial Powerhouses…

Maktoum bin Mohammed: Dubai’s steady ascent in rankings driven by DIFC’s remarkable success in building an ecosystem that fosters financial industry growth • Dubai recognised as a top ten financial centre in Global Financial Centres Index for its role in contributing to the development of the regional economy and identifying new pathways to boost the financial technology ......read more

Global thought leaders gather at AVSEC 2019…

Dubai, United Arab Emirates -  September 23, 2019:   More than 650 delegates, from over 50 countries, and 30 speakers headlined another thought-provoking and action-packed edition of the aviation security conference – AVSEC Global 2019. The symposium was officially opened earlier today by HH Sheikh Ahmed bin Saaed Al Maktoum, Chairman and Chief Executive Emirates Airline ......read more

RAK ICC strengthens Ras Al Khaimah's status as global business hub…

Appointment of three global leaders underscores RAK International Corporate Centre’s serious intentions to win the global flight to quality Dubai, United Arab Emirates -  September 23, 2019:   His Highness Sheikh Ahmed bin Saqr Al Qasimi, Chairman of RAK International Corporate Centre (RAK ICC), has re-affirmed the RAK ICC’s commitment to achieve global recognition ......read more

KhalifaSat congratulated people of KSA with a capture of the skyscraper, Kingdom Centre, image ...…

September 22, 2019:   KhalifaSat, an earth observation satellite, congratulated people of KSA with a capture of the skyscraper, Kingdom Centre, image from space.  The image is 70 cm in resolution and taken from 6 degrees roll tilt angle.   KhalifaSat was fully developed at MBRSC facilities by Emirati engineers and was launched to space in October 2018. It has 5 patents ......read more

Tilal Properties showcases Tilal City at Cityscape Global…

Providing reduced rates, significant cash discounts, flexible payment plans & fees waivers for end-users, investors & brokers Invites home seekers and investors to avail exclusive offers during the 3-day exhibition in Dubai Sharjah, UAE - 21st September 2019: Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, has announced its ......read more

BCG's 2019 SEDA Global Standings, Report GCC as a Global Leader…

The GCC region performed well compared to the rest of the world, most notably in the area of income, BCG’s latest SEDA global report reveals.   Dubai, September 19, 2019 — The Gulf Cooperation Council (GCC) region has emerged as a global leader in several SEDA dimensions, according to a new report compiled by Boston Global Consulting Group (BCG), titled Measure Well-Being ......read more

Peru brings craftsmanship and exclusive designs to the region's design and hospitality sector…

Dubai, United Arab Emirates -  September 18, 2019:    Peru, one of the most beautiful Latin American nations, exhibits a diverse range of inimitable home décor products with great vision and aesthetic qualities at INDEX Dubai.  The Peruvian pavilion will showcase a balance between innovation and tradition with unique and high-quality decorative items designed to meet the ......read more

AdColony Intelligence Summit 2019 unveils the latest trends while shaping the future of the Digital ...…

Survey findings reveal that 9 out of 10 smart phone users play mobile games in the MENA region and among all the participants' regions, Egypt plays more often compared to others.   18th September, 2019:  This year, world's largest mobile advertising network - AdColony organized its must-attend event’s Digital Industry Get Together for ACIS’19 in Istanbul, with ......read more

Group Partnership wins back DEWA account in five-way pitch…

Dubai, UAE (September 17, 2019): Group Partnership, a WPP company, has won back the DEWA creative services account following a five-way pitch.   The Dubai-based agency has been appointed to create and implement a plethora of communications supporting DEWA’s business, with a key focus being their innovation and sustainability agendas as the organization gears up for Expo ......read more

Jumbo Electronics launches series of Green Initiatives…

UAE retailer expects to cut down on usage of paper by 1 million tons a year  Dubai, UAE; 17th September 2019:  Jumbo Electronics, the leading OmniChannel retailer in the region has launched a series of green initiatives to build a culture of environmental awareness and sustainability among shoppers and staff. Since July 2019, Jumbo Electronics has replaced paper invoices with ......read more

Saeed Al Tayer commends Ahmad Bin Shafar for his pivotal role in developing Empower and the ...…

Dubai, UAE, 17 September 2019:  HE Saeed Mohammed Al Tayer, Chairman of Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, honoured Ahmad Bin Shafar, CEO of Empower in recognition of his pivotal role in enhancing the cooling sector in the Middle East, promoting Empower internationally, and supporting global strives for ......read more

Refinitiv Announces the 2019 D&I Index Top 100 Most Diverse & Inclusive Organizations Globally…

D&I Index measures relative performance against multiple factors that define diverse and inclusive workplaces. Industries leading this year’s index include 13 pharmaceutical firms; 11 banking, investment services & insurance; 9 telecommunications services; 7 personal & household products & services. United States leads the Top 100 list with 25 firms followed by United ......read more

Abdulla Nalapad gets 10-year UAE 'Gold Card' visa…

Dubai, September 17, 2019:  Mr. Abdulla Ahmed Nalapad, Managing Director of Nalapad Investments, received the 10-year visa from the UAE authorities today. Mr. Nalapad joins an elite list of industrialists and investors who have been granted the UAE's long-term residency visa so far.  Headquartered in Dubai, Nalapad Investments has business interests across sectors. The Nalapad ......read more

The UAE – Poland Business Forum Reviews Cooperation Prospects and Bilateral Partnerships…

Sharjah, September 16, 2019: The Sharjah Chamber of Commerce & Industry (SCCI) organized today at its headquarters the UAE – Poland Business Forum with the aim of introducing the joint investment opportunities, exploring cooperation prospects and bilateral partnerships in various economic sectors, and paving the way for business communities from both sides to potential discuss ......read more

Finding the right balance between human touch and technology is the biggest challenge for companies ...…

Senior business leaders converge on Dubai for the second AI Week Middle East Delegates discuss AI adoption initiatives and challenges   Dubai, United Arab Emirates, 16 September 2019:  IQPC Middle East’s second Artificial Intelligence Week was hosted at the Oberoi Hotel Dubai and organized with the official support of the Department of Health – Abu ......read more

UAE-based investors to develop 5 Economic Zones in Bangladesh…

UAE-based investors present 25 investment projects at the Bangladesh Economic Forum   1. Bangladesh requires US$24 billion investment in infrastructure annually, to achieve its Vision 2021, according to Asian Infrastructure Investment Bank (AIIB).    2. Bangladesh needs US$320 billion investment only in infrastructure if it wants to become the world's 30th largest ......read more

Emirates Steel to participate in the first Saudi International Iron & Steel Conference…

• Emirates Steel is a Rhodium sponsor of the event, held in Riyadh between 16 – 18 September • Steel production capacities in the GCC grew to around17Mt by 2018 and expected to add another 2Mt by the end of 2020.   16 September 2019:  Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (SENAAT), is ......read more

Red Hat Announces Enterprise Linux 8 for SAP Solutions…

Dubai, UAE 15 September 2019:  Red Hat has announced the availability of Red Hat Enterprise Linux (RHEL) 8 for SAP Solutions to empower SAP HANA workloads for enterprises in the region. Red Hat Enterprise Linux (RHEL) 8 for SAP Solutions is an intelligent OS designed to provide a solid foundation that spans the hybrid cloud and one that fuels mission-critical workloads. Building on the ......read more

AVEVA Builds on Continued Success to Deliver End-to-End Digital Transformation Capability…

New software leader paves the way for industries to realize Digital Transformation with offerings enabling value capture across Engineering, Operations and Maintenance by empowering the Workforce Dubai, UAE, 15th September 2019 – 18 months on from completing its combination  with Schneider Electric’s industrial software business AVEVA is positioned as the first company in the ......read more

UAE investors set to inject US$10 billion into Bangladesh economy…

UAE-based investors will present 20 investment projects at the Bangladesh Economic Forum on Sunday   1. UAE investors have announced US$10 billion (Dh36.7 billion) worth of investment into Bangladesh 2. More than 20 projects are expected to be discussed at the 2nd Edition of Bangladesh Economic Forum in Dubai 3. Bangladesh is developing 100 economic zones and 28 hi-tech parks ......read more

Materials Handling Middle East racks up 12% visitor turnout for 10th edition…

Reports forecast double-digit uplift for region’s warehouse automation & e-tail segments   Dubai, United Arab Emirates -  September 14, 2019:   Materials Handling Middle East, the region’s dedicated warehousing, intralogistics and supply chain solutions show, racked up a 12% visitor uplift on the 10th edition of the biennial event which closed at the ......read more

Gold takes a breather…

September 12, 2019 - Dubai, UAE   Summary:  Gold’s high correlation to movements in US bond yields has triggered the first major challenge to the rally that began back in June. While the short-term risk of a correction to $1450/oz exist, we maintain a bullish outlook for gold. Below we outline the reasons behind this view.   Global financial markets remain in ......read more

Proofpoint's Annual Human Factor Report Details Top Cybercriminal Trends: More than 99 Percent of ...…

Threat actors continue to use socially-engineered attacks across email, cloud applications, and social media to exploit human instincts and lure people to click   Dubai, United Arab Emirates—September 11, 2019:   Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced its annual Human Factor report findings, which highlight ......read more

Al-Futtaim Engineering & Technologies to present innovative Facilities Management solutions at FM ...…

Dubai, September 11, 2019: Al-Futtaim Engineering & Technologies has announced that its Facilities Management (FM) division will have a significant presence at FM Expo, the region’s largest trade show for the facilities management industry, to be held from September 17-19 at the Dubai World Trade Center. The Al-Futtaim company will be out in full force and visitors to the stand will ......read more

Abu Dhabi Global Market awards CAT 1 Bank status to the Worlds' first licensed Digital Trade Bank…

Regulated by the Financial Services Regulatory Authority of ADGM, Anglo-Gulf Trade Bank is poised to bring transformative, disruptive Banking-as-a-Service (BaaS) solutions to the world from its headquarters in Abu Dhabi, United Arab Emirates Abu Dhabi, UAE, 11 September 2019: Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, has received a full digital banking ......read more

Union Coop constructs two commercial centers in Al Badaa (Jumeirah) and Barsha 3…

At a Cost of AED 82 million   United Arab Emirates, Dubai, September 11, 2019:  Union Coop the largest consumer cooperatives in the UAE has revealed through the Properties & Project Division to start the construction works of two commercial centers at a cost of AED 82 million in the areas of Al Badaa (Jumeirah) and Al Barsha Third. This is a part of Union Coop’s ......read more

Community Development Authority & Dubai Statistics Center launch Dubai's sixth social survey…

• Julfar: Social Survey is one of the most important projects launched by the Authority to aid effective planning & development in order to establish a leading social environment • Al Muhairi: A strategic project with short, medium & long-term impacts on societal development   Dubai, United Arab Emirates -  September 10, 2019:   The Community ......read more

Tamil Nadu seeks investment from UAE…

Indian state Tamil Nadu's Chief Minister EK Palaniswami holds investors’ roundtable in Dubai The delegation signed several Memorandums of Understanding (MoU) with UAE investors during the visit resulting in raising INR 4,200 crores of investment Dubai, United Arab Emirates -  September 10, 2019:    Edappadi K Palaniswami, Chief Minister of South Indian ......read more

B.A.U.M. Honours GROHE CEO Thomas Fuhr for His Commitment to Sustainability…

• Under Thomas Fuhr’s stewardship, GROHE, being a pioneer in the sanitary industry, is committed to the sustainable use of water as a resource. • For the first time ever, GROHE announces that its production processes are to become completely CO2-neutral by 2020. • The B.A.U.M. Environmental and Sustainability Award is one of the most well-known sustainability awards in ......read more

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