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Zoho Becomes First to Introduce Corporate Tax Capabilities in the UAE
Zoho Books adds corporate tax capabilities in its powerful tax engine to support UAE businesses with end-to-end compliance. Dubai - May 25, 2023: Zoho, a leading global technology company, announced the launch of new corporate tax features in Zoho Books, FTA-accredited cloud accounting software to enable businesses, solopreneurs, and ......Read More
Thursday, May 25, 2023
EDGE Acquires Majority Stake in MARS Robotics
Acquisition will enhance EDGE’s autonomous capabilities and enable access to technology and highly skilled engineers for a wider range of unmanned aerial systems (UAS) Abu Dhabi, UAE: 23 May, 2023 – EDGE, one of the world's fastest growing and leading advanced technology and defence groups, today announced the ......Read More
Tuesday, May 23, 2023
Eminent Emirati Businesswoman Receives Prestigious Legion d'Honneur Chevalier Award
Emirati trailblazer joins a list of prominent recipients that includes Albert Einstein, Alexander Graham Bell, and Winston Churchill, as well as, Marie Curie, and JK Rowling Dubai, UAE; May 23 , 2023 – The Chairperson and Managing Director of an over six-decade-old Dubai conglomerate has been awarded France’s highest civilian honour during a special ceremony held at the residence of the French Consul General on Tuesday, May 16. Dr Raja Easa Al Gurg, of the Easa Saleh Al Gurg Group, was awarded the Ordre National de la Légion d'Honneur – Chevalier (Knight) in recognition of her outstanding achievements and contribution in the fields of business and ......Read More
Tuesday, May 23, 2023
Hotpack Global enhances its IT Infrastructure; by Partnering with Emtech
Hotpack Global has implemented HPE GreenLake Solution in its IT infrastructure to keep up with its rapid growth with the help of Emtech DUBAI – May 22, 2023: Hotpack, the UAE-based global leader in disposable packaging products, has signed an agreement with Emtech, a Dubai-based leading IT solutions provider, to adopt flexible and ......Read More
Monday, May 22, 2023
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Panasonic Influencer Affiliate Program takes Off Successfully
PIAP highlights the company’s continuous efforts to pilot initiatives that advance customer communication Dubai, United Arab Emirates: Panasonic Marketing Middle East & Africa (PMMAF) has revealed the successful conclusion of the inaugural edition of the Panasonic Influencer Affiliate Program (PIAP), the ......Read More
Monday, May 22, 2023
Savoye Achieves Remarkable Growth in 2022 with Turnover Exceeding AED 800 Million
The company is pursuing it growth strategies, further setting new goals to expand across Middle Eastern countries The company will participate in Seamless Middle East 2023 to share insights on best practises 21, May 2023: Savoye, a leading global warehouse automation integrator and software publisher in the Middle East, achieved a remarkable ......Read More
Monday, May 22, 2023
UAE Banks Federation Confirms a 100% Increase in the use of some Digital Banking Channels
UAE ranks second globally in customer trust at 84% Abu Dhabi, United Arab Emirates – 19 May 2023: UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the impressive advancements made by the ......Read More
Saturday, May 20, 2023
Eminent UAE Businesswoman Dr Raja Al Gurg receives French Legion of Honor
Dubai, 17 May, 2023: Dr Raja Easa Al Gurg, Chairperson and Managing Director of the Easa Saleh Al Gurg Group has been awarded the highest French civilian award - the Legion of Honor Chevalier (Knight). The award was conferred by the French Ambassador to the UAE, HE Nicolas Niemtchinow, on behalf of the President of the French Republic, Emmanuel ......Read More
Wednesday, May 17, 2023
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Karda Construction, Headquartered in Dubai
Karda Construction, headquartered in Dubai, has been awarded a US$500 million contract to construct low housing complexes in Nigeria. KBC International, a Dubai-based real estate developer, has come to an agreement with the Federal Housing Authority (FHA) to construct affordable housing complexes in Abuja, Nigeria for US$500 million. This ......Read More
Tuesday, May 16, 2023
Make it in the Emirates Forum to take Place on 31 May, Set for Multibillion Dollar Industry Deals
• The forum will host the Make it in the Emirates Awards with the participation of pioneering manufacturers and innovators • Discussions will center on sustainability practices, reducing carbon emissions, and boosting the industrial sector’s contribution to net zero • Announcements to include investment opportunities, enablers, incentives, and new industrial projects to strengthen local, regional, and international partnerships Abu Dhabi, UAE. 15 May 2023 – Billions of dollars’ worth of investment and procurement opportunities as well as major new partnerships are set to be announced at the second Make ......Read More
Tuesday, May 16, 2023
IRENA Launches Report for the G20 on Low-Cost Energy Transition Finance
New report unveiled during G20 event in Mumbai Abu Dhabi, United Arab Emirates, 15 May 2023 – The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a comprehensive report today on how low-cost finance can accelerate the energy transition. Titled “Low-Cost Energy Transition ......Read More
Tuesday, May 16, 2023
IHC Posts 20.5% Rise in First Quarter Net Profit to AED 4.3 Billion
• Solid revenue increase of 50% in Q1 2023 compared to Q1 2022, driven by positive performance in key segments including real estate, financial services, and marine and dredging. • IHC completed AED 1.8 billion direct acquisitions in Q1 2023. Abu Dhabi, 11 May, 2023: International Holding Company (ADX:IHC), the ......Read More
Friday, May 12, 2023
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Commemorating the 1st Year of India-UAE CEPA, GJEPC Launches First-of-its-kind India Jewellery Expos ...
IJEX will enable India’s MSME manufacturers to take advantage of India-UAE CEPA to expand in the Middle East region Dubai, 9th May, 2023: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & ......Read More
Thursday, May 11, 2023
Zoho Launches Privacy-forward Web Browser 'Ulaa' to Enable Secure Browsing Experience
With added layers of privacy, the new bowser offers a highly private browsing experience to protect organisations, individuals and children's online activity from website surveillance and ad tracking. Designed with the privacy-conscious users in mind, Ulaa provides five modes that uniquely adjust to different ......Read More
Wednesday, May 10, 2023
Hotpack to Initiate Industry 4.0 Transformation for its 15 Manufacturing Plants; Ties Up with Maxby ...
The packaging products manufacturer contracted Maxbyte to digitize three factories with the eventual goal of digitizing all 15 manufacturing facilities on its Industry 4.0 transformation journey. DUBAI - May 10, 2023: Hotpack, the UAE-based global leader in disposable packaging products manufacturing, has signed an agreement with Maxbyte, an ......Read More
Wednesday, May 10, 2023
Union Coop to Support ‘Emirates Nature-WWF'
Union Coop will support the directions of Emirates Nature-WWF and offer moral support Dubai, UAE: Dubai-based retailer ‘Union Coop’ signed a memorandum of understanding with ‘Emirates Nature-WWF' in cooperation with World Wildlife Fund (WWF). The signing comes as a part of the cooperative’s social ......Read More
Wednesday, May 10, 2023
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AIQ to Showcase Spearheading AI Solutions for the Energy Sector at the UAE Climate Tech Forum
Abu Dhabi, UAE, May 9, 2023: AIQ, Abu Dhabi based technology pioneer focused on driving the artificial intelligence (AI) powered transformation of the energy sector, is taking part at the upcoming UAE Climate Tech Forum. The two-day event, set to kick off May 10th at the Abu Dhabi Energy Center, marks the first-ever decarbonization technology conference aimed at empowering organizations to reduce emissions at scale, towards concrete climate action. AIQ will showcase its cutting-edge suite of AI solutions that support the industry’s entire value chain, including AI Emissions Platform, an AI-powered automated software that enables companies to forecast their industrial ......Read More
Wednesday, May 10, 2023
Deyaar Reports Increase in Q1 2023 Profits, Exceeding AED 56 Million
Dubai, UAE 9 May 2023: Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, has reported increase in its profits in Q1 2023 compared to the profits of the same period in 2022. This was announced in a filing to the Dubai Financial Market, where Deyaar shares are ......Read More
Wednesday, May 10, 2023
Agthia Group Q1 2023 Results Strong and Profitable Growth across the First Quarter
Reported Group net revenue +12% YoY to AED 1.18 billion after absorbing EGP devaluation impact of AED 112m Like-for-like (LFL) revenue growth including Abu Auf in the prior year of 4.5% EBITDA +19% YoY to AED 188 million; strong growth in Snacking and Water profitability and good cost discipline Net ......Read More
Wednesday, May 10, 2023
CBI Net Profit Increases by 65% to AED 34 million in Q1 2023
Dubai, UAE, 9th May 2023: Commercial Bank International (CBI or “the Bank”) has announced its first quarter 2023 financial results. Key financial result highlights: - Net profit increased by 65% year-on year from AED 20.6 million in Q1 2022 to AED 34 million in Q1 2023. - Net operating income increased by ......Read More
Wednesday, May 10, 2023
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Yahsat Reports Record First Quarter Revenue in 2023
Net income and EBITDA both grew by 35% and 4% respectively year-on-year Abu Dhabi, United Arab Emirates, 8 May 2023: Al Yah Satellite Communications Company PJSC (“Yahsat” or the “Group”), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under ......Read More
Tuesday, May 9, 2023
Zoho embeds ChatGPT into Apps to Enhance Generative Artificial Intelligence Capabilities
- The integration of Generative AI Technology within Zoho's Homegrown AI, Zia, elevates Customer Experience, Privacy, and Value. - Zoho revealed a customer-centric AI strategy to draw the line between delivering richer customer experience, all the while maintaining its unwavering commitment towards user data privacy. Dubai ......Read More
Monday, May 8, 2023
NOVVI Properties Launches Its 360° Home & Business Solutions Agency
The one-stop-shop introduces a new solutions-centric experience for businesses and consumers by providing end-to-end services all under one roof, supporting all aspects related to moving to, moving within, and operating in Dubai (Dubai, United Arab Emirates - 4, May 2023) NOVVI Properties is proud to officially launch its 360° home and ......Read More
Thursday, May 4, 2023
UAE Increases Ranking in UN's Frontier Technologies Readiness Index
Abu Dhabi, UAE. 3 May 2023 – The UAE has climbed five places in the annual United Nations' Technology and Innovation Report, which ranks countries according to their readiness to use, adopt and adapt a range of frontier advanced technologies with a focus on green innovation. The UAE was ranked 37th in the 2023 edition, titled ......Read More
Wednesday, May 3, 2023
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Procter & Gamble commits to bold new actions and shares significant progress on commitments to advan ...
P&G has invested $175 million as part of a $300 million commitment to work with women-owned and women-led businesses Dubai, May 03, 2023 - At its fifth annual #WeSeeEqual summit for Asia Pacific, the Middle East, and Africa (AMA), Procter & Gamble (P&G) announced bold new commitments aimed at advancing Equality & ......Read More
Wednesday, May 3, 2023
e& Reports Consolidated Revenue of AED 13.0 Billion in Q1 2023
3, May 2023: e& today announced its consolidated financial results for Q1 2023. e&’s consolidated revenues reached AED 13.0 billion. At constant exchange rates, revenue increased by 6.6 per cent. Consolidated net profit recorded AED 2.2 billion while consolidated EBITDA reached AED 6.2 billion, resulting in an EBITDA margin ......Read More
Wednesday, May 3, 2023
LG Announces First-Quarter 2023 Financial Results
Second Highest First Quarter Revenue, Strong Profitability Reflect Actions to Upgrade Business Portfolio and Advance Operational Efficiencies DUBAI, May 1, 2023 — LG Electronics Inc. (LG) announced first-quarter 2023 revenues of KRW 20.4 trillion (USD 16 billion), the second highest first-quarter revenue, with operating profit of ......Read More
Monday, May 1, 2023
Arab Bank Group Profits Grow by 30% to $216 Million for the First Quarter of 2023
Dubai, UAE, 30th April 2023: Arab Bank Group reported solid results for the first quarter 2023, with 30% increase in net income after tax reaching $216 million as compared to $166 million for the same period last year. The Group maintained its strong capital base with a total equity of $10.4 billion. Loans grew to $35.4 billion and ......Read More
Monday, May 1, 2023
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Sharjah Media City (Shams) Launches new ‘Discounts Programme' for its Licensed Companies
The new incentives aim to improve the experience for licensed companies and offer them added comfort. Sharjah, UAE - 28 April 2023 – Sharjah Media City (Shams) launched an exclusive ‘Discounts Programme’ for its licensed companies, offering them a range of rewarding discounts and incentives, with the aim of ......Read More
Friday, April 28, 2023