o Net Profits up by 39% YoY to reach to AED 4.4 billion o OPEX lower by 7% YoY with a sector leading cost-income ratio of 26.8%. o Significant decline in impairment losses of 46% YoY. o Healthy liquidity with Finance to deposit Ratio of 91% o Proposed dividend of 25% subject to shareholder approval in AGM.    Dubai, ......Read More

In partnership with the Ministry of Culture and Youth, Sheraa and Alef Group launch new edition of Access Sharjah Challenge; calls for breakthrough solutions from homegrown brands to boost local economy    • Prize pool of AED 500,000 and comprehensive support offered to winners is worth AED 2.5 million • Applications ......Read More

Global debut of the range of products that guarantee to safeguard digital life showcased at the Swiss Pavilion Dubai, United Arab Emirates, January 24, 2022: The Swiss technology company FERRONATO KGS GROUP, which specialises in industrial metallised fabrics, forayed into lifestyle domain with the global launch of a new smart accessories brand ......Read More

Pangaea X is the first-of-its-kind platform in the industry that connects data analytics seekers with the world’s best data professionals  Dubai, United Arab Emirates, January 2022: Pangaea X, a ‘first-of-its-kind’ Data Analytics platform has launched ‘Virtual Teams,’ a game-changing feature that allows ......Read More

Empowering over 5,000 youth in Africa to build their entrepreneurial and employability skills  Dubai, United Arab Emirates, 24 January 2021: INJAZ Al-Arab, a member of Junior Achievement (JA) Worldwide, the world’s largest non-profit business education organization, has announced the strengthening of its partnership with Boeing. ......Read More

Arrangement will fund construction at villa complex and major school at the 24 million sqft mixed-use community in Muwaileh   Ajman Bank has signed a financing agreement with local developer Arada that will provide AED 152 million to finance the construction of two key projects within the fast-growing Aljada mixed-use community, ......Read More

• Offers 212 luxury premium living studio, one and two-bedroom units ranging between 390sq ft - 1800sq ft sq. feet • Unit process starts at AED 426,000 reaching up to AED 1,300,000   Dubai, January 20, 2022: One of the leading Dubai-based luxury residential developers, Iman Developers launched their latest project in ......Read More

• Customers in the UAE can visit the Visa Application Centres from Monday to Friday; Centres remain closed on Saturday and Sunday.   • Philippine ePassport Renewal Centre continue to operate 7 days a week.   • Customers can opt for Visa At Your Doorstep service for greater flexibility in visa ......Read More

Dubai, January 17, 2022: Verloop.io, the leading specialist in conversational AI for customer support, announced today that it has partnered with Vonage, a global business cloud communications leader helping businesses accelerate their digital transformation, to enable Verloop.io customers to deploy their conversational AI applications into new ......Read More

Saudi Arabia is not exactly the friendliest of environments when it comes to online gambling. Since this is the Middle East, this hardly comes as a surprise. There is, however, a beacon of light; with the proper knowledge, you can gamble online in the region without invoking the ire of the local authorities, and we’re going to show you ......Read More

Dubai, 13 January 2022: As UAE’s Indian Business and Professional Council (IBPC) formed under the aegis of Dubai Chamber of Commerce and Industry will be staging their first and flagship event of 2022 – IBPC Retail Conclave, on 12 January 2022. The high-profile business networking event will take place at Taj Dubai in Business Bay ......Read More

Dubai, January 13, 2022: In a bid to support creative talents based in the emirate, Dubai Culture and Arts Authority (Dubai Culture) signed a cooperation and partnership agreement with Zoho Corp., a global technology company. The agreement aims to support the emirate's creative entrepreneurs through their digital transformation journey, ......Read More

Dubai - January 12, 2022:   Zoho Corp., a leading global technology company, has announced the shift to the UAE's working week in its Dubai headquarters office. Effective January 2022, Zoho will operate from Monday to Friday. The announcement comes in line with the UAE federal government's announcement to align with global ......Read More

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

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

Ras Al Khaimah, 10 January 2022: Ras Al Khaimah Economic Zone (RAKEZ) ties up with RAKBANK to facilitate opening of bank accounts for RAKEZ clients through a digital kiosk within its one-stop shop service centre in Al Hamra, Ras Al Khaimah. The new kiosk allows clients to complete their application on the spot, without the need to visit a RAKBANK ......Read More

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

January 05, 2022:  VARDHMAN Realty, UAE’s leading property investment and asset managers and an established name in the realty industry recently signed up Indian film star Priyamani as its brand ambassador. Announcing this Mr. Jiten Varia, the Founder and Chairman of VARDHMAN Realty said that the signing up reflected the growing plans ......Read More

• The new data centres will support the UAE’s digital transformation journey by catering to the rising demand for secure data storage • Enterprises can benefit from advanced digital infrastructure across new strategic locations in Dubai     January 04, 2022, Dubai, UAE: Dubai Internet City, the ......Read More

The Sector’s presence has increased to cover over 3.4 million SQM across ZonesCorp and KIZAD   Abu Dhabi, UAE - 04 January 2022 – AD Ports Group today announced that its Industrial Cities & Free Zone Cluster is now home to 95 companies in the polymers sector occupying a land area of 3,454,457 square metres. AD Ports ......Read More

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