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UAE and KSA PMIs down slightly but still strong in March

The Purchasing Managers Index (PMI) for UAE and Saudi Arabia dipped in March with the S&P Global for the UAE dipping to 56.9 from 57.1 in February and the Riyad Bank PMI survey for KSA at 57.0 down modestly...

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SAP appoints new MD for Bahrain, Iraq, Pakistan

SAP a market leader in enterprise application software has appointed Saquib Ahmad as Managing Director for its Bahrain Iraq Afghanistan and Pakistan operations. With close to 25 years experience in the...

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Bahrain to see positive economic growth of 3.5pc this year

Bahrain is expected to see positive economic growth of 3.5 per cent this year reported the Gulf Daily News our sister publication citing its Finance and National Economy Minister Shaikh Salman bin Khalifa...

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AUS team develops blockchain system to improve CCT market

An American University of Sharjah (AUS) research team has filed a provisional patent with the United States Patent and Trademark Office for a blockchain system they developed to improve the carbon credits...

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Mindware opens new training centre in Dubai

Mindware one of the leading regional IT Value-Added Distributors in Middle East and Africa has announced the opening a new training centre situated in Dubai Silicon Oasis. The inception of the new centre...

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Qatar Economic Forum to gather more than 1,000 global leaders

The fourth annual Qatar Economic Forum powered by Bloomberg (QEF) held in collaboration with Media City Qatar will take place from May 14 to 16 2024. This year s forum under the theme A World Remade: Navigating...

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Tonomus, Monstarlab to transform professional services in KSA

Tonomus NEOM s cognitive technology and digital infrastructure subsidiary is collaborating with Monstarlab a global digital consulting firm to explore the delivery of world-class professional services...

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Mobile Financial Services should 'focus on advanced services'

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

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GBM appoints Bassam Rached General Manager of Technology

Gulf Business Machines (GBM) an end-to-end digital solutions provider has announced the appointment of Bassam Rached as General Manager of Technology. In his new capacity Rached will helm the strategic...

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Lunate acquires a 40% stake in Adnoc Oil Pipelines

Lunate a global alternative investment manager announced on Wednesday that one of its funds has acquired a 40% stake in Adnoc Oil Pipelines (AOP) a critical onshore and offshore midstream crude oil pipeline...

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Daleel secures investment from Hambro Perks, Flat6Labs

Daleel Mena s pioneering financial marketplace has successfully secured investments from Hambro Perks Spring Studios and Flat6Labs UAE Mena s seed and early-stage venture capital firm. Hambro Perks Spring...

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First Abu Dhabi Bank, Microsoft to launch ‘AI Innovation Hub’

First Abu Dhabi Bank (FAB) and Microsoft will collaborate in developing new AI-based banking capabilities under a strategic business partnership that they said will lead to the launch of an AI Innovation...

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Abu Dhabi to bring ‘Life of Pi’ to Etihad Arena in November

Life of Pi is set to dazzle UAE audiences at Etihad Arena Yas Island for a limited season from November 15-17 2024. Proactiv Entertainment has partnered up with the Department of Culture and Tourism Abu...

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Informatica launches KSA’s first AI-powered IDMC

Informatica has launched its AI-powered Intelligent Data Management Cloud (IDMC) in Saudi Arabia a first for the kingdom. The investment includes establishing a new Point of Delivery (PoD) in Riyadh and...

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ProjectX allies with mFilterIt to enhance customer experience

ProjectX a brand-tech firm that is part of Abdul Latif Jameel has announced a strategic tie-up with mFilterIt to bring advanced ad fraud prevention and brand safety to businesses in the Middle East and...

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Mobile Financial Services should 'focus on advanced services'

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services loans overdrafts BNPL investments merchant payments and bulk payments. By...

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