Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Banking and Investments
DHL Express expands UAE operations with new USD 5.5 million logistics facility at Dubai World Central

New center will support the rapidly growing e-commerce sector in the UAE and help local businesses go global     Dubai, 9 December 2019:  DHL Express, the world’s leading international express service provider, officially opened its Dubai World Central Facility today. The new import and export gateway and service center will see DHL invest USD 5.5 million over five years to support the rapid growth of e-commerce in the UAE and the region.    Strategically located at the Logistics District at Dubai World Central (DWC), the center occupies 4,870 sq m. area and has a capacity to manage 2,400 shipments per hour and up to 57,600 shipments a day. The new facility will improve Pick-Up & Delivery performance in Dubai South and enable better commercial import and export capability at the Al ......read more

Get Ready for Fun Filled Festivities with Champion Cleaners

**Champion Cleaners are here to freshen up your home and wardrobe in time for the seasonal celebrations**     It’s that time of the year where you begin to bring out your much-loved winter wardrobe in time for all of your fun filled festivities. Normally, after long periods of time, the items in your wardrobe can start to smell musty - this can be the result of dust mites and other microorganisms that multiply in breeding when not cleaned often.   Whether it’s your Christmas Day jumper, your New Year’s Eve dress or your children’s best festive attire, Champion Cleaners have you covered; specializing in cleaning and restoring your most loved items, Champion Cleaners are here to keep your seasonal getup as fresh as new!   Now you have your ‘best dress’ booked in ......read more

Juniper Networks Expands Enterprise Portfolio with Cloud-Managed SD-LAN and New CPE Devices

New enhancements bring cloud agility and scale to more parts of the enterprise network, while lowering the cost of deploying and operating SD-Branch environments     Dubai, United Arab Emirates, December 08, 2019:  - Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced several enhancements to the company’s enterprise portfolio that bring additional flexibility, scale and cost savings to campus and branch network environments. The same cloud-managed Juniper solution for deploying and managing highly scalable SD-WAN deployments has now been extended to also include SD-LAN operations. In addition, the company has expanded its robust family of SRX and NFX CPE devices to include even more options for secure and scalable network ......read more

Jebel Ali Port is Gateway to 65% of Polimer Exports From the Gcc

DP World, UAE Region Showcases Strength in Petrochemical Sector at GPCA 2019   Dubai, United Arab Emirates, 08 December 2019:   Global trade enabler DP World’s flagship Jebel Ali Port handles 65 per cent of the polymer exports from the GCC region and has showcased this industry-leading strength at the 14th Annual GPCA Forum in Dubai, organized by the Gulf Petrochemicals and Chemicals Association on 3-5 December 2019.   A highlight of DP World, UAE Region’s participation at the 3-day event was the port’s enormous capacity to handle petrochemical and chemical products, as well as the world class integrated logistics hub created by Jebel Ali Port and Jebel Ali Free Zone (Jafza).   Over 10,000 petrochemical manufacturers and traders benefit from the high value added services ......read more

GROHE received the “Red Dot: Brand of the Year”

• GROHE convinces the jury with “a consistent brand profile, known globally as a name for first class industry-leading performance” • The Konzerthaus Berlin was the perfect setting for the awards ceremony of the prestigious Red Dot Gala evening  • GROHE’s booth from this year’s ISH also won a renowned Red Dot award     United Arab Emirates, Dubai, 4th December 2019:  In front of around 1,400 invited guests GROHE, a leading global brand for full bathroom solutions and kitchen fittings, was honoured as “Red Dot: Brand of the Year” on November 1st at the Konzerthaus Berlin. This exceptional accolade is awarded to the best brand in an industry. With its outstanding design quality and extraordinarily consistent conveying of its own values across different ......read more

Arabic version of Zoho Creator launched to help businesses create custom applications

The new version of Zoho Creator is also available on-premise    Dubai - Nov 30, 2019:   Zoho, the global provider of cloud-based business software with the most extensive portfolio in the industry, launched the Arabic version of its low-code development platform, Zoho Creator, aimed to help businesses create custom applications.  With Creator, business owners who do not have any coding experience can easily create custom apps using its simple drag-and-drop interface. In the Arabic version, the orientation of the UI is reversed, allowing businesses to build fully Arabic apps with easier to use UI and right-to-left data entry capabilities.  For businesses who do not wish to keep their data in the cloud, or would like to opt for third-party public clouds, the company has also launched an ......read more

China Homelife the Largest China Sourcing Platform Set to Showcase a Wide Variety of Products

Dubai, United Arab Emirates, November 30, 2019:   Scheduled to take place in Dubai, the China Homelife Exhibition returns to the city on December 17-19 at the Dubai Exhibition and Convention Centre. With over 2500 exhibitors and 100,000 products, they represent genuine and verified manufacturers. As the largest China sourcing event in the MENA and South East Asia, it covers a range of industries including, textile and garments, building materials and hardware, lighting, furniture and home electronics. This year there will be several launches especially in the home and consumer electronics as well as household products.  China Homelife is the leading overseas exhibition that focuses on potential markets along the ‘One Belt One Road’ Chinese initiative. According to the UAE Ministry of Economy, China is a ......read more

Zambian President affirms commitment to bolster UAE ties

• During a visit to Dubai Chamber, HE Edgar Chagwa Lungu calls on UAE companies to explore attractive investment and trade opportunities emerging across Zambia  • HE Majid Saif Al Ghurair: There is plenty of scope to expand Dubai’s non-oil trade with Zambia which has increased steadily in recent years to reach $206 million in 2018 • Agriculture, food processing, tourism, renewable energy, logistics and commodities identified as priority sectors where UAE companies and Zambian counterparts can boost cooperation     Dubai, UAE - November 28, 2019:   Recent statistics show vast untapped potential to boost Zambian exports to the UAE and further explore bilateral business opportunities, HE Edgar Chagwa Lungu, President of the Republic of Zambia, said yesterday during a visit to ......read more

Formula 1 meets Virgin Hyperloop One: California-based Developer to Showcase Passenger Pod at This Year's Abu Dhabi Grand Prix

As speed- and thrill seekers flock to Abu Dhabi for the Grand Prix this weekend, visitors will be presented with a rare opportunity to enter the Virgin Hyperloop One passenger pod that promises to move people and cargo at speeds exceeding 1,000km/h. ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 28, 2019 – Virgin Hyperloop One (VHO), the world’s leading hyperloop company, today announced its participation at this year’s Abu Dhabi Grand Prix, the most anticipated racing event in the Middle East. The annual event is taking place from November 29th - December 1st, at Yas Marina Circuit in Abu Dhabi.  An Abu Dhabi debut, VHO is presenting visitors, racing fans, and thrill seekers at the Formula 1 circuit with the opportunity to encounter a true 21st century travel experience. The racing event, which will ......read more

Cisco Advances Solutions to Simplify Cybersecurity Processes in Saudi Arabia

Riyadh, KSA, 28 November 2019:     Focused on placing cybersecurity at the heart of digitization, Cisco Security has unveiled platform enhancements and services to help CISOs simplify their environments, increasing the speed of threat detection and remediation, while protecting users and their data.  The Kingdom’s National Cybersecurity Authority is striving to create a safe and resilient digital ecosystem, enabling citizens to fulfil their aspirations and empowering businesses to thrive. As more organizations actively embrace digital transformation, the role of the CISO and the necessity for a comprehensive, unified cybersecurity infrastructure becomes instrumental to their success.    Keen to help local businesses address these challenges, Cisco’s approach features an open ......read more

GROHE Goes ZERO – Carbon-Neutral Production by 2020

• GROHE has been able to increase its energy efficiency by 24% and reduce greenhouse gas emissions by 40%, far exceeding its sustainability targets  • In July 2019, the global brand converted all of its production plants to run on green electricity  • In the future, GROHE will offset unavoidable CO2 emissions with compensation projects      United Arab Emirates, Dubai, 28 November 2019:   Sustainability has been an essential element of GROHE's corporate strategy for almost 20 years now. As early as 2000, the global brand for complete bathroom solutions and kitchen fittings committed itself in its "principles and guidelines for sustainability" to continuously improving all products, processes and services in terms of protecting the environment and ......read more

J.D. Power announces 2019 UAE Sales Satisfaction Index

• 57% of customers rely on digital platforms during the new vehicle purchase journey • 92% of Customers still engage with dealers via physical visits • Sales experience is less smooth for female vehicle buyers • Toyota ranks highest in overall sales satisfaction among mass market brands • Mercedes-Benz ranks highest in overall sales satisfaction among luxury brands   Dubai, UAE: 27 Nov. 2019 — An increasing proportion of customers are taking advantage of digital platforms during the new vehicle purchase journey (57% in 2019 vs. 42% in 2018), according to the J.D. Power 2019 UAE Sales Satisfaction Index (SSI) Study,SM released today. However, the study also finds that digitalisation cannot completely replace the personal aspect delivered through human ......read more

Revive Your Haute Couture Collections with Champion Cleaners VIP Couture Cleaning Service

**The Five Star Dry Cleaning Company has launched their new VIP couture service for customers in the region**   Dubai, UAE - November 27, 2019:  Owning a wardrobe of haute couture pieces can quite often be expensive to maintain. Each item is crafted by hand with extra attention to detail and the best quality materials are used in the skillful making of your rare and exquisite items. That’s why they are often seen as more than just fashion, they are viewed as pieces of art. So, when it comes to maintaining and preserving these special pieces, we only want the very best for them, and we know who exactly can help – Champion Cleaners!   With Champion Cleaners new VIP Couture service, you now have the option to clean and restore your most loved pieced by their dedicated garment assessment managers and ......read more

Chatbots are revolutionising the Middle East retail industry

VIAFONE Technologies created Chatbots for Mall of the Emirates, Dubai and 360 Mall in Kuwait  85% of all customer interactions by 2025 will be handled without a human agent Chatbots to provide annual savings for retailers of $439 million globally by 2023   November 26, 2019; Dubai, UAE:   Artificial Intelligence (AI) is growing by leaps and bounds and technologies such as Chatbots have become an integral part of this digital transformation. Data from Juniper Research suggests that Chatbots leveraged for customer service have a strong potential to reduce costs; with deployments realising annual savings for retailers of $439 million globally by 2023, up from just $7 million in 2019. Presenting at the recently concluded Retail Congress MENA 2019, Mr. Souffiane Houti, the Founder and COO of VIAFONE ......read more

SmartCrowd, MENA's Only Regulated Real Estate Investments Platform Graduates from DFSA's ITL and obtains full license

Dubai, UAE - November 26, 2019:   SmartCrowd Limited, a Dubai-based company and MENA’s first financially regulated real estate investments platform (REIP) has announced today that the company has fulfilled all regulatory requirements and graduated to a full license from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services based in the Dubai International Financial Centre (DIFC).   Prior to its full license, SmartCrowd was operating under an “Innovation Testing License” as part of the DFSA’s regulatory sandbox program. The new license will permit SmartCrowd to open its platform to international investors and offer international real estate investments.    Founded in 2017, by Siddiq Farid, SmartCrowd uses a crowdfunding model to democratise real ......read more

Sunny Leone unveils the cover page of Filmfare magazine's December issue

Dubai, UAE - November 26, 2019:  Filmfare ME sets the benchmark for film content in the Middle East and the December issue of the magazine features the bold and beautiful Sunny Leone for the first time on the cover page of Filmfare Middle East magazine. The cover was unveiled by Sunny herself, along with the franchise owner of the magazine Mr Rizwan Sajan at Bollysports Casino Cafe Dubai, which is the official venue of all Filmfare ME cover launches. He was joined by BCC owner Manush Shah and Amit Majithia. The magazine caters predominantly to the large Asian expatriate population in the UAE and the GCC, as well as a significant Arab population who love their cinema and celebrities. Since the launch of the magazine, the cover page of the magazine is always the talk of town, featuring some renowned Bollywood faces every month. ......read more

VFS Global launches Philippines ePassport Renewal Centre in Dubai

• Contract signed for ePassport Renewal Centres in two locations (Dubai and Abu Dhabi) in the UAE; to be rolled out in phases • This marks the first time The Republic of Philippines Department of Foreign Affairs has outsourced its passport renewal process for its Nationals living abroad • VFS Global operates 87 Passport and Consular Services centres on behalf of 5 Governments in 27 countries worldwide     Dubai, UAE - November 25, 2019:  In a bid to ease the passport renewal process for Philippine nationals living in the UAE, The Republic of Philippines Department of Foreign Affairs and VFS Global have signed a contract to provide Passport Renewal services.   Mr Brigido Dulay, Undersecretary Consular & Civilian Security Concerns and Mr Chris Dix, Head of Business Development, ......read more

Organisers announce launch of second Sports Imprint Award

A joint initiative of DSC and Watani Al Emarat Foundation, the Award honours individuals and institutions for their humanitarian work in the sports sector   Dubai, UAE - November 25, 2019:   The organising committee of the Sports Imprint Award, a joint initiative of Dubai Sports Council and Watani Al Emarat Foundation, have announced the launch of the second edition of the Award, which honours individuals and organisations who spread positive values in society through their humanitarian projects in the sports sector. Following directives from His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Sports Council, the Sports Imprint Award was launched last year under the framework of Watani Al Emarat’s “Humanitarian Work Awards” and the Landmark ......read more

GCC insurance industry to witness growth revival, forecasts Alpen Capital

Dubai, UAE - November 25, 2019:     Alpen Capital (ME) Limited, Dubai-headquartered investment banking advisory firm, announced the publication of its latest report on the GCC Insurance Industry for the year 2019. The report provides a comprehensive overview of the GCC insurance sector and outlines the recent trends, growth drivers and challenges in the sector. It also profiles some of the prominent insurance companies in the region. “The GCC insurance industry which maintained a positive momentum over the years, witnessed a slowdown in GWP’s due to sluggish economic conditions during 2016 and 2018. However, going forward, we anticipate the GCC insurance sector to grow at a moderate pace owing to economic revival, growing population, strengthening regulatory reforms and continued implementation of ......read more

DAFZA discusses future collaboration with Bank of China Delegation

Dubai, UAE - November 24, 2019:   Dubai Freezone Authority (DAFZA), represented by Director General, His Excellency (H.E.) Dr. Mohammed Al Zarooni, and a number of officials this week welcomed a delegation from the Bank of China, led by Executive Director of the Board Mr. Lin Jingzhen and senior delegates. The meeting took place at DAFZA Square Business Center to discuss future collaboration and business prospects.  During the visit, the Chinese delegation learned about DAFZA’s experience over the last two decades in attracting and increasing foreign direct investment. This has played a vital role in developing sustainable economic growth in Dubai, driving business across more than 20 key sectors. The delegation also heard about DAFZA’s latest services that are offered to international companies, ......read more

WCU: Commodities caught between weak data and trade hopes

Dubai, UAE - November 24, 2019:  The Bloomberg Commodity Index traded lower for a third week with macro-economic data continuing to signal further weakness ahead. Losses in energy, led by natural gas and not least industrial metals, courtesy of a nickel drubbing, were only partly off-set by gains in precious and platinum group metals. The agriculture sector was mixed with soybeans and cotton drifting lower while coffee continued higher on improved fundamentals.    Economic data from major economies continue to highlight that the low point in global growth most likely remains in front, not behind us. US Q4 GDP growth as measured by the New York Fed’s Nowcast model dropped to just 0.39%, a 1.57% collapse in less than two months. We see the risk of a policy mistake by the US Fed in the making and believe that the ......read more

Mimecast Threat Intelligence Report Analyzes 99 Billion Rejected Emails

Transportation, Legal and Banking Sectors Hit the Hardest by Cyberattacks, According to New Mimecast Report     Dubai, UAE – November 20, 2019:   Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced the availability of its quarterly Threat Intelligence Report: Risk and Resilience Insights. The report provides technical analysis from the Mimecast Threat Center from July -September 2019 on the nature of attack campaigns in addition to observations and analysis of evolving threats. Outlining the trends emerging from these identified attacks and assessing the current behavior of threat actors can help organizations better understand the impact these factors will have on the cybersecurity landscape in 2020.    The Mimecast Threat Intelligence Report ......read more

Wethaq launches first ‘fintech' Sukuk on its market infrastructure using SWIFT gpi Link

Dubai, 19 November 2019:   Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.   Al Ghurair Investments LLC (AGI) acted as the issuer, advised by Mashreqbank PSC acting as lead arranger, R3 as protocol provider, Clifford Chance as legal counsel and the Dubai Islamic Economy Development Centre as mentor.  There is substantial demand for Sukuk issuances globally with a significant number of them offered out of the Dubai International Financial Centre (DIFC). This pilot issuance demonstrated how Sukuk issuances can become more accessible with the application of financial technology to the issuance process which is, at present, manual, non-standardised ......read more

Ahmad Bin Shafar receives global recognition for his efforts in district cooling

Dubai, UAE, 18th November 2019:   Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, attended a Gala Dinner organized by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) at Westin Dubai Mina Seyahi Beach Resort & Marina, Dubai. A delegation from ASHRAE, led by Daryl K. Boyce, President of ASHRAE Society and included Dr. Ahmed Alaa, RAL Director of ASHRAE, Farooq Mahboob, Vice President of ASHRAE, Hassan Younes, member of ASHRAE and President of Falcon Chapter, and Tim Wentz, Presidential Member and Former President of ASHRAE Society as well as ASHRAE employees and partners were attended in the Gala dinner.  Prior to the Gala Dinner, Boyce presented an award to Bin Shafar, in ......read more

Saudi Aramco's Debut IPO Could Support The Sovereign's Net Asset Position

November 17, 2019:    S&P Global Ratings said today that Saudi Aramco's forthcoming IPO on the Saudi Stock Exchange (the Tadawul) could enable the sovereign to further strengthen its net asset position. And, if subsequently effectively deployed, the funds raised could be used to support longer-term economic growth in Saudi Arabia (unsolicited; A-/Stable/A-2). Saudi Arabia currently fully owns Saudi Aramco, which is the world's largest company by a significant margin. It plans to sell about 1%-3% of the company through an IPO.   We understand that the bulk of the funds raised will go to the government or the Public Investment Fund, potentially adding to the sovereign's already strong fiscal net asset position of 72.7% of GDP. Productively deployed, we believe the assets could also help maintain ......read more

Other Top Stories from Banking and Investments
 
Emirates Post issues a commemorative stamp to celebrate 20th anniversary of the UPU's EMS ...…

Dubai, United Arab Emirates -  September 09, 2019:    Emirates Post issues a commemorative stamp to mark the milestone 20th anniversary of the UPU’s EMS Cooperative. Created by the UPU’s International Bureau, the stamp is being launched on 10 September, to coincide with the date the organisation was founded, and will be issued by 24 several postal organisations ......read more

National Geographic Abu Dhabi's 2019 ‘Moments' Photography Competition Closes with Over 50,000 ...…

UAE photographers had the highest increase in submissions over last year, reflecting the growing interest in photography in the country Abu Dhabi – September 8, 2019 - National Geographic Abu Dhabi (NGAD) and Almarai announced today that over 50,000 photographs from across the Arab World have been submitted for the 9th edition of ‘Moments’, its annual regional photography ......read more

Emirates Maritime Arbitration Centre (EMAC) signs Memorandum of Understanding with Abu Dhabi Global ...…

Abu Dhabi/Dubai, UAE, 8th September 2019:   In the spirit of continued collaboration between government entities in the UAE, the Abu Dhabi Global Market Arbitration Centre (ADGMAC) and Emirates Maritime Arbitration Centre (EMAC) have signed a Memorandum of Understanding (MoU) to advance arbitration and mediation services across the whole UAE maritime industry. Mr. Majid bin Bashir, ......read more

31 innovative global start-ups to participate in the third edition of DIFC FinTech Hive's 2019 ...…

• Finalists join the 2019 cohort, from across the world including start-ups from Asia, Europe, Middle East and North Africa • Third edition includes larger pool of FinTech firms, growing approximately 50% from 2018 • Participants to receive training and mentoring from leading financial players and strategic partner institutions      Dubai, 8 September ......read more

Ciena Reports Fiscal Third Quarter 2019 Financial Results…

• Q3 Revenue: $960.6 million, increasing 17.3% year over year • Q3 Net Income per Share: $0.55 GAAP; $0.71 adjusted (non-GAAP) • Share Repurchases: Repurchased approximately 1.1 million shares of common stock for an aggregate price of $45.4 million during the quarter   Dubai, United Arab Emirates -  September 08, 2019:    "We delivered another ......read more

Al Ansari Exchange warns customers against fraudulent calls or scam messages…

UAE, September 07, 2019 - Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has warned its customers against fraudulent social media messages, text messages, and phone calls claiming that they have won major cash prizes in any of the company’s promotions. It strongly urged its customers to ignore the scammers, adding that the company only communicates ......read more

Emicool champions sustainable business; becomes GCC's first district cooling company with ISO 26000…

Certification marks the company’s fourth ISO mark in addition to OSHAS and the MENA first GC-Mark certification   Dubai, UAE, Sep 7th, 2019:   Emirates District Cooling LLC [Emicool] – a leading district cooling service provider in the region and a wholly owned subsidiary of Dubai Investments PJSC, has been conferred with the fourth ISO certification – ISO ......read more

At Lg Future Talk Powered by Ifa LG Shows How Ai Can Make Anywhere Feel Like Home…

Offering a New Vision of Transformation Through “Evolve, Connect and Open” Strategy   DUBAI, Sep. 5, 2019 — At a panel talk event to kick off IFA 2019 in Berlin, Dr. I.P. Park, president and Chief Technology Officer of LG Electronics, shared the company’s vision for an AI-powered future where Anywhere is Home.  Addressing the three pillars of LG’s AI ......read more

The UAE – Russia Forum kicks off in Moscow'…

Dubai, United Arab Emirates -  September 04, 2019:  Russia Business Forum has kicked off yesterday Tuesday at the headquarters of the Chamber of Commerce & Industry of the Russian Federation. The forum activities will last until September 6th. The forum comes on the sidelines of the visit of the Sharjah Chamber of Commerce & Industry (SCCI), represented by the Sharjah ......read more

Searching for positive news in equities…

By Peter Garnry, Head of Equity Strategy at Saxo Bank  Dubai, United Arab Emirates -  September 04, 2019:     Equities are down across the board as South Korea CPI falls to 0% and the US and China cannot agree on the next date for trade negotiations. The risk-off is pulling DAX futures close to its previous tight trading range. In today's equity update we also ......read more

Beema Launches UAE's First Pay-per-kilometer Motor Insurance…

Beema today brings to market an innovative, first-to-region offering that will give UAE motorists up to 25% cashback on their motor insurance, based on the kilometers they drive. Beema was created following a joint innovation sprint by ENOC and BCG Digital Ventures, and in partnership with AXA Insurance.   United Arab Emirates, Dubai, 4th September 2019:  Beema has today announced the ......read more

Honeywell Suite of Building Integration and Cyber Solutions Help Improve Efficiency, Data Analysis ...…

• Customizable facility automation, surveillance and visualization technologies, including cybersecurity services, help optimize day-to-day building operations and safety measures   DUBAI, United Arab Emirates, September 4, 2019 – Honeywell (NYSE: HON), a global leader in smart building technology and services, today introduced the next generation of Enterprise Building ......read more

Empower will be the Global Sponsor for the 6th World Green Economy Summit 2019…

Dubai, UAE, 4th September 2019:   Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it will be participating in the 6th World Green Economy Summit (WGES) 2019 as a Global Sponsor. Themed “Innovative Technologies for a Sustainable Economy”, the 6th WGES 2019 will be held under the patronage of ......read more

Ajman Free Zone partners with Al Zorah Development Company to manage Al Zorah Business Centre…

Ajman, United Arab Emirates - September 3, 2019:   Ajman Free Zone has entered into an agreement with the free zone entity of Al Zorah -  a partnership between Solidere International and Ajman Government -  and a premium lifestyle and leisure destination, to operate the developments of 3,000 ft state-of-the-art Business Centre.   The contemporary, furnished ......read more

Abu Dhabi's Department of Transport is Leading Road Standardization…

Abu Dhabi, 3 September 2019:  Abu Dhabi’s Department for Transport (DoT) aims to showcase its successful model of standardizing the UAE’s roads when it hosts the World Road Congress Abu Dhabi 2019. With less than two months’ to go until the prestigious event takes place between October 6 to 10, global experts will be offered an insight into how Abu Dhabi’s ......read more

H.E. Mattar Al Tayer opens Materials Handling Middle East…

The region’s dedicated warehousing trade show turns its focus to robotics and automation for its landmark 10th edition   Dubai, United Arab Emirates -  September 03, 2019:   His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA today officially opened the 2019 edition of Materials Handling Middle ......read more

Region's Hvac Industry Meets in Dubai to Plan Path to Sustainability…

Global Experts Propose Tech Disruption for Massive Energy Conservation   Dubai: September 3, 2019:  Over 300 professionals from the Middle East’s HVAC industry have gathered in Dubai today to plan out the sector’s path to sustainability with global experts outlining how technological disruption can aid the region’s energy and water conservation ......read more

LYCEUM threat group takes centre stage in Middle East…

The previously unobserved LYCEUM threat group targeted critical infrastructure organisations without being detected for more than 12 months    Dubai, United Arab Emirates -  September 03, 2019:   The LYCEUM threat group targets organisations in sectors of strategic national importance, including oil and gas and possibly telecommunications. The activity observed by ......read more

ThreatQuotient Set to Make its Debut at MENA ISC 2019…

ThreatQuotient to Make Threat Intelligence More Accessible to Cybersecurity Community in Saudi Arabia   Riyadh, Kingdom of Saudi Arabia – September 2, 2019:  ThreatQuotient™, a leading security operations platform innovator, today announced they will be making their first appearance at the MENA Information Security Conference (ISC) in Riyadh this year. ......read more

Dubai Air Navigation Services (dans) Supports Expo 2020…

dans hosts a workshop for its employees Mohammed Ahli: Aviation sector has a major role to play in the Expo Najeeb Al-Ali: Supporting national organisations crucial for the UAE’s best image   Dubai, UAE, September 1, 2019:  His Excellency Mohammed Abdulla Ahli, Director General of Dubai Civil Aviation Authority (DCAA) and CEO of Dubai Air Navigation Services (dans), ......read more

Gold strength spreads to silver and platinum…

By Ole S. Hansen, Head of Commodity Strategy at Saxo Bank  September 1, 2019:  The Bloomberg Commodity Index, which tracks a basket of major commodities, evenly spread between energy, metals and agriculture, traded lower for a second month in a row during August. This is in response to continued concerns about the outlook for global growth and with that demand for key commodities. ......read more

The main and backup crews for the 25th September mission to ISS…

August 29, 2019:  The main and backup crews for the 25th September mission to ISS have started today their exams in Yuri Gagarin Cosmonaut Training Centre in Star City. The main crew comprised Hazzaa AlMansoori, Oleg Skripochka, and Jessica Meir, did today their Complex Exam which includes Simulation of the Russian segment in ISS, the Functional Cargo Block (FGB) mock up, and Data management ......read more

Searching for direction in equities while tobacco mega merger takes shape…

By Peter Garnry, Head of Equity Strategy at Saxo Bank August 29, 2019 - UAE:  In today's equity update we highlight the lack of direction and zoom in on the mega merger between Philip Morris and Altria. With the intense focus on clean energy due to climate change we also take a look at how investments in the energy sector have done since the Great Financial Crisis in 2008. As we ......read more

Nine international fairs in HK to strengthen bilateral trade…

Dubai, United Arab Emirates -  29, August 2019:   Hong Kong Trade Development Council (HKTDC) invited traders from the UAE and the region to participate their upcoming international trade fairs on a variety of industries. The trade fairs will be held at Hong Kong Convention and Exhibition Centre (HKCEC) between September 7 to November 9, 2019.    The UAE is Hong ......read more

Hong Kong Trade Fairs in Fall 2019 Strengthening bilateral trade between Hong Kong and the UAE…

Dubai - August 28, 2019:  Hong Kong and the UAE have enjoyed robust bilateral trade relations on a range of products and services over the years. Adding to the Hong Kong’s business advantages, Hong Kong Trade Development Council (HKTDC) gathers the latest market intelligence and form partnerships to develop business for corporations. The HKTDC organises more than 30 exhibitions in Hong ......read more

Tabreed to Participate in World Energy Congress…

Highlighting its support in developing energy efficient communities 28 August 2019, Abu Dhabi, UAE: The National Central Cooling Company PJSC “Tabreed,” will participate in the 24th edition of the World Energy Congress in Abu Dhabi. Held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the congress is taking place at the Abu Dhabi ......read more

Private sector key to achieving sustainable development goals…

Dubai, United Arab Emirates, 28 August 2019:  The Secretariat of the National Committee on Sustainable Development Goals launched the first report on private sector initiatives for sustainability in UAE titled "Achieving Sustainable Development Goals in the UAE: Private Sector Contributions." Global Strategy Consulting firm, Oliver Wyman developed the report in partnership with the ......read more

Equinix and VMware Partner to Accelerate Enterprise Hybrid Cloud Transformations…

VMware Supports Equinix as Global Colocation Provider for VMware Cloud on Dell EMC Dubai, United Arab Emirates -  28, August 2019:   Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced an expanded partnership with VMware to support VMware Cloud on Dell EMC on Platform Equinix®. The digital transformation landscape has never ......read more

Bangladeshi wins AED 1 million in Al Ansari Exchange Summer Promotion draw…

UAE, August 27, 2019:   Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, announced that Abdullah Al Arafat Mohammed Mohsin from Bangladesh, is the sixth millionaire of its annual “Al Ansari Exchange Rewards Summer promotion.” Abdullah took home AED 1 million after his name was picked during the grand draw held at the Metropolitan ......read more

Middle East Banks Urged to Brace for Digital Wave…

As competition heats up the banking sphere, Middle Eastern banks need to emulate digital giants and adopt full-scale digital transformation to outpace traditional rivals and ward off disruption, says new BCG report Dubai, UAE 27th August 2019:   Banks in the Middle East are expected to face unprecedented challenges as digital giants begin to turn their attention to the banking ......read more

Emirati Women's Day: Emirati first officers at Emirates spread their wings to five continents…

Dubai, UAE, 27 August 2019:   To mark this year’s Emirati Women’s Day, five talented and passionate Emirati first officers at Emirates airline helped put the spotlight on women in aviation, and the advancement of women in the UAE, by flying to five continents on the same day.   Watch the video, released on Emirates’ social media platforms, and see how ......read more

Empower celebrates Emirati Women's Day and stresses its role for women's empowerment…

Dubai, UAE, 27th  August 2019:  Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, confirmed its commitment towards women’s empowerment, particularly in the district cooling sector, by providing the necessary support and jobs that are commensurate with their nature and interests. This comes in line with the ......read more

Over 120 exhibitors to showcase their products at 5th Cairo WoodShow…

4-day event will be held in conjunction with CIFAC at Cairo International Convention Centre on 5-8 December 2019 Dubai, United Arab Emirates -  27, August 2019:   Cairo WoodShow, North Africa's leading platform for wood and woodworking machinery, with 120 exhibitors from across 25+ countries and 7,000 visitors, is gearing up to organise its 5th edition at Cairo International ......read more

Bayt.com's Future of Work Report Predicts Demand for Jobs in the UAE over the Next 10 Years…

Nine in ten UAE professionals feel confident and excited about the future of work: Bayt.com and YouGov Study   Dubai, UAE, 27 August 2019:  Seven in ten recruiters in the UAE say that the hiring process is going to change in the future, according to new research by Bayt.com and YouGov. Nearly nine in 10 say the process will be fully online, significantly faster, and more ......read more

Excellently designed Brand Communication: GROHE wins the distinction of “Red Dot: Brand of the Year”…

• GROHE convinces with consistent brand management • Global brand creates relevance inside and outside the sanitary industry  • Award ceremony will take place in Konzerthaus Berlin, hosting an exclusive audience of 1,400 invited guests on 1 November 2019    Dubai, United Arab Emirates, 26 August 2019:  The jury for the Red Dot Award: Brands & ......read more

Empower begins 5 km pipe extension work in Dubai Studio City worth AED 33 million…

Dubai, UAE, 25 August 2019:  Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it has awarded contracts worth AED 33 million to expand its district cooling pipe network at Dubai Studio City. The network expansion is a part of company's infrastructure development plan using state-of-the-art technology to ......read more

Khalifa Fund welcomes visit of 15 young female participants of recently concluded summer camp 2019…

Event aimed towards listening to ideas of future women entrepreneurs    Abu Dhabi, 25 August 2019:  Khalifa Fund for Enterprise Development (KFED) Acting CEO Mouza Al Nasri, along with department and division heads, recently welcomed 15 young female participants of Khalifa Fund’s summer camp, which was organized in July this year. The girls made the visit upon the ......read more

UL Leads Fight Against Cybercrime and Data Breaches to Protect Businesses…

• Leads fight against cybercrime and data breaches with industry-leading systems to protect businesses and buildings from hackers • Continued adoption of devices connected to ‘Internet of Things’ increases chances of exposure to sophisticated cyber attacks • UL’s global team of experts offer comprehensive advice and safety standards that can protect ......read more

Icons of Tolerance Strata's Emirati Women Pioneer Aerospace Industry…

Almost 90% per cent of Strata’s national workforce are women   Al Ain, UAE – 25 August 2019:  Strata Manufacturing, the advanced composite aero-structures manufacturing company wholly owned by Mubadala Investment Company PJSC, celebrates Emirati Women’s Day by highlighting the integral role three different Emirati women play in the company. Those leading icons ......read more

Worley and AVEVA to Deliver First Cloud-Based Enterprise Resource Management Solution Optimized for ...…

Companies now can build on AVEVA’s industry-leading Enterprise Resource Management solution to develop a project delivery system that meets the unique materials management challenges facing Engineering, Procurement and Construction organizations.   Dubai, UAE, 25th August 2019:   AVEVA, a global leader in engineering and industrial software, today announced that ......read more

AFZ companies contribute 32% of Ajman's total exports and 60% of re-exports…

- License Renewal percentage stands at 91% in first half of 2019 - Around 8000 companies now trade from Ajman Free Zone   - Free Zone companies now contribute 32% of Ajman’s total exports and 60% of re-exports, according to Ajman Chamber of Commerce - Investor companies attracted by wealth of benefits offered   Ajman, United Arab Emirates - August 25, ......read more

Dp World, UAE Region and Jafza Unlocking Potential in New Markets for Indian Exports…

Jebel Ali Port and Jafza are Offering Strategic Solutions for Indian F&B Companies, providing a Gateway to the Middle East and African Markets  Dubai, United Arab Emirates, 24 Aug 2019:   DP World, UAE Region, the leading trade enabler, and Jebel Ali Free Zone (Jafza) showcased their capabilities and offerings at the FoodPro exhibition and conference organised by the ......read more

Ericsson announces changes to the Executive Team…

• Fadi Pharaon is appointed Senior Vice President, and Head of Market Area Middle East & Africa, effective September 1, 2019 • Member of Ericsson's Executive Team, reporting to CEO   Dubai, United Arab Emirates -  22, August 2019:  Effective September 1, 2019, Fadi Pharaon is appointed Senior Vice President and Head of Market Area Middle East & ......read more

Al-Futtaim Engineering and Technologies signs up as strategic corporate partner for Middle East ...…

Dubai, UAE, August 22, 2019:  Al-Futtaim Engineering and Technologies Facilities Management division has signed on as a strategic corporate partner with the Middle East Facility Management Association (MEFMA).  The agreement was signed by Darko Macura, Chief Executive Officer of Al-Futtaim Engineering and Technologies and Ms. Alaa AlBoali MEFMA Director. MEFMA is a non-profit ......read more

Red Hat Recognized as a Leader by Independent Research Firm in Infrastructure Automation Platforms ...…

Red Hat Ansible Automation cited among leaders based on its scores in the strategy, market presence and current offering categories   Dubai, United Arab Emirates -  22, August 2019:   Red Hat, Inc., the world's leading provider of open source solutions, today announced that Red Hat Ansible Automation has been named a Leader by Forrester Research in the Forrester ......read more

Biggest Japan buying of Italian bonds since 2014…

By Christopher Dembik, Head of Macro Analysis, Saxo Bank Dubai, United Arab Emirates -  22, August 2019:    Japanese investors bought into Italian government debt in a big way in June according to the latest figures released by the Japanese government. They increased their portfolio holding by 327bn JPY (roughly 2.6bn euros), which is the largest net monthly increase since the ......read more

Empower: 16% rise in transactions through E-services…

Dubai, UAE, 21st August 2019:  Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, reported that the number of online transactions performed through its e-payment channels  showing a significant growth of 16% during January to July 2019 compared to the same period of 2018.  Empower is providing it’s e-services to ......read more

3 Back-to-School Promotion Campaigns from Union Coop…

UAE’s largest Consumer Cooperative invests AED 10 Million for price cuts on more than 10,000 products of Stationery.    Dubai, United Arab Emirates -  21, August 2019:   Retail Pioneer, Union Coop in Dubai has announced its three consecutive ‘Back to school’ promotions with discounts reaching up to 75% on more than 10,000 products, which will ......read more

Lenovo Kick-starts Fy19/20 With Industry Leading Growth, Doubling Year-on-year Income Through ...…

• Group revenue grew year-on-year for eight consecutive quarters, reaching US$12.5B in Q1 FY19/20 • PTI more than doubled to US$240M year-on-year, up US$127M • Net income was US$162M, up US$85M year-on-year, also more than doubling • One in every four PCs built worldwide is a Lenovo PC, thanks to record market share of 24.9%   Dubai, United Arab Emirates ......read more

Harris Pye UAE strengthens its footprint in Egypt…

As per the company’s strategic growth plan, Harris Pye is effectively stabilizing its presence within the Egyptian market through its contractual contributions to the Canal Sugar (S.A.E)refinery project. Dubai – United Arab Emirates –18th of August 2019:  Harris Pye Engineering Group UAE, a global service provider supplying the offshore, marine and industrial sectors, ......read more

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