Business & Money | Tuesday 22 August, 2023 2:01 pm

RAKEZ witnesses significant growth in holding company registrations

Ras Al Khaimah Economic Zone (RAKEZ) reported a remarkable surge in the registration of holding companies since introducing this company structure in 2020. The consistent rise in registrations highlights the growing appeal of this innovative investment vehicle, as the total number of holding...

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Business & Money | Tuesday 22 August, 2023 12:28 pm

Nutanix Promotes Talal Al-Saif as Regional Sales Director for Central Gulf and Egypt

Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the appointment of Talal Al-Saif to Multi Sub-Regional Sales Director, responsible for the sub-regions of Central Gulf (Saudi, Qatar and Bahrain) and Egypt. Based in Saudi, Talal will focus on driving regional digital...

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Business & Money | Tuesday 22 August, 2023 10:19 am

Gartner Places Generative AI on the Peak of Inflated Expectations on the 2023 Hype Cycle for Emerging Technologies

Generative artificial intelligence (AI) is positioned on the Peak of Inflated Expectations on the Gartner, Inc. Hype Cycle for Emerging Technologies, 2023, projected to reach transformational benefit within two to five years. Generative AI is encompassed within the broader theme of emergent...

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Business & Money | Tuesday 22 August, 2023 9:13 am

Tibbiyah’s unit signs SAR 25.9 mln supply contract with NUPCO

Arabian International Healthcare Holding Co. (Tibbiyah) announced that its fully owned subsidiary, Al Faisaliah Medical Systems (FMS), signed, on Aug. 21, a purchase and supply contract worth SAR 25.9 million with the National Unified Procurement Co. (NUPCO), according to a statement to...

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Business & Money | Tuesday 22 August, 2023 2:29 am

ADX partners with 'Tawasal SuperApp' to offer real-time market updates

bu Dhabi Securities Exchange (ADX) has partnered with Tawasal SuperApp, a secure multi-purpose messenger and super app, to enable investors to access real-time ADX updates directly within the app. As part of the partnership, Tawasal users will gain access to a comprehensive range of real-time...

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Business & Money | Tuesday 22 August, 2023 1:09 am

UAE banking sector prioritises sustainable financing to support economic and social development

UAE Banks Federation (UBF), the sole representative and unified voice of banks in the UAE, revealed the remarkable success of the UAE banking and financial sector in developing sustainable banking solutions in line with the UAE's strategy to reduce emissions and achieve climate neutrality by 2050...

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Business & Money | Monday 21 August, 2023 1:38 pm

Alabbar says Saudi contributes 10% to Emaar's business, plans more investments

Mohamed Alabbar, the founder of Emaar Properties, said that the company's operations in Saudi Arabia currently account for 10% of its total business, seeking to increase investment in the Kingdom’s real estate sector.    In an interview with Al-Arabiya...

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Business & Money | Monday 21 August, 2023 11:30 am

Azizi Developments’ Park Avenue III reaches 58% completion

Azizi Developments, a leading private developer in the UAE, has announced the 58% completion of its prestigious Park Avenue III project, located in the highly sought-after MBR City, with the completion date set for Q4 2023. Park Avenue is a well-connected premium residential community strategically ...

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Business & Money | Monday 21 August, 2023 11:16 am

Dubai’s Samana Developers Launches Dh300 Million ‘Golf Views’ Project in Dubai Sports City

Samana Developers, one of the fastest growing real estate companies in Dubai, today launched a Dh300 million (US$ 82 million) ‘Samana Golf Views’ residential project in Dubai Sports City, a popular freehold community. The new project is the first project in the neighbourhood which has...

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Business & Money | Monday 21 August, 2023 10:26 am

From conceptualization to start-up: CEN’s Product Design Program fosters engineering entrepreneurship

Starting Fall 2023, engineering students at American University of Sharjah (AUS) will have the opportunity to turn their innovative ideas into marketable solutions for businesses and communities through the College of Engineering (CEN) Technology and Engineering Product Design Program...

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