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Aramco becomes FIFA's Major Worldwide Partner

Aramco one of the world s leading integrated energy and chemicals companies has signed a four-year global partnership with FIFA (Federation Internationale de Football Association) the international governing...

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Emirates NBD Q1 profit surges 67% to record $1.82bn

Emirates NBD s profit surged 67% to a record AED6.7 billion ( 1.82 billion) in the first quarter of 2024 compared to the previous quarter and up a strong 12% y-o-y propelled by regional growth increased...

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Dubai FinTech Summit to take place on May 6

Dubai will host the second edition of Dubai FinTech Summit from May 6-7 at Madinat Jumeirah bringing together 8 000 decision-makers over 300 thought leaders and more than 200 exhibitors to discuss the...

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Saudi’s Fakeeh Care Group to float 21.47pc stake through IPO

Saudi Arabia s Fakeeh Care Group one of the largest private hospital groups in the kingdom has said it planned to proceed with an initial public offering (IPO) through the sale of a 21.47% stake in existing...

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GISEC Global 2024 opens in Dubai with record numbers

GISEC Global 2024 has opened with record 50% year-on-year growth in exhibitor numbers in its 13th edition as more than 20 000 cyber professionals from 130-plus countries gathered to combat digital threats...

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Bahrain EDB hosts delegation from Monaco

Bahrain Economic Development Board (Bahrain EDB) is hosting a high-level delegation from Monaco led by Frédéric Genta Secretary of Attractiveness Development and Digital on a visit to the kingdom from...

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ADQ and OIA launch $180m technology-focused fund

ADQ an Abu Dhabi-based investment and holding company has announced the launch of a 180 million technology-focused fund Jasoor Fund (the Fund) with Oman Investment Authority (OIA) and represented by ITHCA...

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Investment in AI can create jobs, raise salaries in Bahrain: Hujairy

Investment in artificial intelligence (AI) in Bahrain will not only expand job opportunities but also elevates salaries Ahmed Al Hujairy CEO of ThinkSmart Training and Development Centre has said. Speaking...

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Abu Dhabi issues $5bn USD-denominated bonds

The UAE emirate of Abu Dhabi has issued 5 billion USD-denominated bonds across three maturity periods Abu Dhabi s Department of Finance (DoF) has announced. The issuance successfully attracted strong investor...

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Internet usage in Saudi Arabia hits 99%: report

The growth of internet usage in Saudi Arabia reached 99% of the population with the average mobile data consumption per person reaching 44 GB monthly a report said citing data from a government agency...

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IMF launches new regional office in Saudi Arabia

The International Monetary Fund (IMF) will open a new regional office in Riyadh Saudi Arabia (KSA) to enhance the partnership with countries in the Middle East and beyond. The new office will scale up...

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Beyon Cyber ‘fastest growing cyber security firm in ME'

Beyon Cyber part of the Beyon group has been recognised for the second successive year as the fastest growing Cyber Security Company in the Middle East & Cyprus by Deloitte. The significant achievement...

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Trend Micro reaffirms commitment to UAE Cyber Security Vision

Trend Micro Incorporated a global leader in cybersecurity has successfully thwarted and identified a staggering number of threats globally and within the UAE. Announcing the findings of its 2023 annual...

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GISEC Global 2024 to see gathering of cybersecurity start-ups

GISEC Global 2024 Middle East and Africa s largest and most impactful cybersecurity event is set to host the two-day GISEC Cyber Stars Unlock Pitch Competition for over 100 global cybersecurity start-ups....

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4,500 experts converge in Dubai for Machines Can See 2024

The second annual Machines Can See Summit facilitated meaningful discussions around the latest breakthroughs trends and real-world applications in generative AI computer vision AI investment and education....

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DCDE attracts 9 MNCs worth $82.84bn in 2023

Dubai Chamber of Digital Economy (DCDE) has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds AED304 billion ( 82.84...

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