Tourism & Hospitality | Friday 23 February, 2024 4:32 am

NEOM announces Elanan, a unique wellness retreat embedded in nature

The Board of Directors of NEOM has announced Elanan, an exclusive guest retreat that redefines luxury and well-being experiences, set in the heart of nature. Its announcement marks the latest addition to NEOM – the evolving sustainable development taking shape in northwest Saudi...

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Technology & IT | Friday 23 February, 2024 4:30 am

HONOR Unveils Groundbreaking Eye-Tracking Feature for Automotive Control

Global technology brand HONOR today announced a revolutionary advancement in automotive control through its latest AI-powered eye-tracking feature. Demonstrating the potential to steer a car using only eye movements, HONOR showcased a groundbreaking experiment conducted by automotive engineers...

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Business & Money | Friday 23 February, 2024 4:28 am

EDGE Group and Shipbuilding Giant Fincantieri Launch Multi-Billion Euro Joint Venture

EDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, have entered into an agreement aimed at creating a joint venture (JV) to capitalise on global shipbuilding opportunities with a focus on the...

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Technology & IT | Friday 23 February, 2024 4:06 am

Kaspersky and Favoriot to boost Internet of Things protection with a Cyber Immune solution

Internet of Things (IoT) devices include wearables, smart home appliances, smart city systems, self-driving cars, automated retail checkouts, and other smart devices for home and business use. Cybercriminals infect smart devices to conduct attacks or as a proxy for other types of malicious actions. ...

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Cars & Autos | Thursday 22 February, 2024 1:34 pm

Lucid’s Q4 revenue below estimates, raises production target in 2024

Lucid Group reported quarterly losses as revenue declined due to weak consumer demand for electric vehicles (EVs) but expects production to increase to 9,000 EVs in 2024.   The American EV maker's business results showed a net loss of...

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Business & Money | Thursday 22 February, 2024 1:32 pm

in5 start-ups record 25% funding growth in 2023

TECOM Group's incubator “in5” has reported remarkable growth in 2023, with funding raised by start-ups since its inception increasing by 25 percent during the year. This represents a testament to Dubai’s entrepreneurial credentials and robust investor confidence in the city’s pro-business...

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Government | Thursday 22 February, 2024 1:28 pm

Mohammed bin Rashid visits Emirates NBD headquarters on occasion of bank’s 60th anniversary celebrations

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today visited the headquarters of Emirates NBD on the occasion of the bank’s 60th anniversary celebrations.His Highness Sheikh Mohammed was accompanied on his visit by H.H. Sheikh...

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Business & Money | Thursday 22 February, 2024 1:25 pm

Emirates Islamic holds its 48th General Assembly Meeting

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, held its forty-eighth General Assembly Meeting, on 21st February 2024.Hesham Abdulla Al Qassim, Chairman of Emirates Islamic, and Vice Chairman and Managing Director of Emirates NBD, presented a comprehensive review of...

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Business & Money | Thursday 22 February, 2024 1:22 pm

KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities and Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, is set to transfer the management of approximately 750,000 square metres of its built up assets to KEZAD Assets Management...

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Business & Money | Thursday 22 February, 2024 1:18 pm

Emirates NBD holds its 17th General Assembly Meeting

Emirates NBD (DFM: EmiratesNBD), a leading banking group in the MENAT (Middle East, North Africa and Turkiye) region, held its 17th General Assembly Meeting on 21 February 2024.At the General Assembly Meeting, a review of the Group’s performance during 2023 was presented. Commenting on the...

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