Dubai Aerospace Enterprise (DAE) Ltd., a leading global aviation services provider, has successfully completed the delivery of its sixth and final Boeing 737 MAX aircraft to Aeromexico. This marks a significant milestone in the long-standing partnership between the two companies. Strengthening Aeromexico’s Fleet with Fuel-Efficient Aircraft The latest delivery includes three Boeing 737-8 and three […]
Aramco, a global leader in energy and chemicals, has launched Saudi Arabia’s first Direct Air Capture (DAC) test unit, marking a significant advancement in the nation’s carbon reduction strategy. Developed in collaboration with Siemens Energy, this pilot facility can remove 12 tons of carbon dioxide (CO₂) annually from the atmosphere, positioning Saudi Arabia as a […]
Tech Mahindra has introduced an innovative AI-powered pharmacovigilance (PV) solution developed in collaboration with NVIDIA to enhance drug safety monitoring and streamline pharmaceutical data management. This business news highlights how Tech Mahindra’s solution addresses key challenges in the pharmaceutical industry, such as data overload and manual processing delays, by automating and improving the accuracy and […]
GIG Gulf, a leading insurance provider in the MENA region, has introduced two major digital enhancements: instant Orange Card issuance and UAE PASS login integration. These upgrades streamline the insurance process, reinforcing GIG Gulf’s position as a pioneer in digital innovation and customer convenience. The company is the first insurer in the region to integrate […]
19th March 2025 Dubai, UAE: iACCEL Gulf Business Incubator (iACCEL GBI), a leading go-to-market accelerator launched under the patronage of Dubai SME, is pleased to onboard Dhruv Verma, Founder and CEO of Thriwe, as Strategic Growth Advisor. This appointment reinforces iACCEL GBI’s commitment to fostering a thriving startup ecosystem across the UAE and MENA region, […]
Dubai, UAE, March 19, 2025 – DP World has launched a cutting-edge electric freight solution at Jebel Ali Port in partnership with Einride, marking a major step towards decarbonising terminal operations. Now running around the clock, the first wave of the electric fleet is set to move over 204,000 twenty-foot containers annually, supporting DP World’s […]
Yusuffali MA, chairman of Lulu Group, has pledged AED 20 million to the Fathers’ Endowment campaign, an initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai. The campaign aims to honour fathers by establishing a sustainable endowment fund to provide healthcare […]
UAE-based real estate developer Aldar has sponsored 1,000 Emirati nationals to gain real estate agent accreditation across Abu Dhabi and Dubai. The company has also provided advanced training to more than 100 individuals, aiming to enhance industry standards and customer experience. The comprehensive training program combined local and international expertise, with Aldar’s UAE team collaborating […]
Hitachi Energy, a provider of power grid solutions and electrification technology, is accelerating its global expansion efforts with an additional $250 Million Investment to boost transformer production, the company announced at CERAWeek. The investment builds on Hitachi Energy’s announced $6 billion commitment to expanding its manufacturing and supply chain capabilities. The funding will enhance production […]
Fast-growing artificial intelligence (AI) technology firm Open Innovation AI has partnered with Oracle to drive the adoption of sovereign AI solutions across Europe, the Middle East, and Africa (EMEA).
Business Tabloid, a leading publication known for honoring excellence and innovation across industries, has named FLOW Medical Solutions as the recipient of its prestigious Most Innovative Technology Solutions of 2024 award.
[PRESS RELEASE] Riyadh, Saudi Arabia, January 2025: Salam, a leading provider of telecommunications services in Saudi Arabia, has been honored as the “Fastest Growing Telecom Brand 2024 – Kingdom of Saudi Arabia” at the 5th Annual Business Tabloid Awards. The achievement underscores Salam’s continued commitment and excellence in driving digital transformation with a focus on innovation, strategic […]
[PRESS RELEASE] Dubai, UAE – 23 Jan 2025 – The 5th Annual Business Tabloid Award Ceremony, a prestigious event celebrating excellence and innovation across industries, has honoured Mrs. Nancy Younes, CEO and Partner of Nationwide Middle East Properties, with the title of “Best Women Leader in Property Consulting in UAE.” This award recognises her exceptional […]
India’s Union Budget 2025 introduces significant fiscal measures aimed at stimulating economic growth and enhancing investor confidence. The budget outlines substantial tax reforms, increased capital expenditure, and strategic initiatives across various sectors. However, challenges such as global trade uncertainties and inflation management persist, requiring careful navigation by investors and traders. EBC Financial Group (EBC) provides […]
Kuwait’s National Bank of Kuwait (NBK) demonstrated resilience and growth in 2024, achieving KD 600.1 million in net profits, a 7% increase from the previous year.