The President of the Federation Internationale de l Automobile (FIA) Mohammed Ben Sulayem has received an official letter by 34 heads of FIA Member Clubs and Sport Federations of America expressing their...

Emirates Development Bank (EDB) has financed a record AED10.4 billion ( 2.83bn) of industrial projects since the launch of its strategy in 2021 taking its cumulative impact to the nation s industrial GDP...

OQ Oman s global integrated energy group has posted a robust net profit of OMR970 million ( 2.52 billion) for 2023 on the back of OMR13.7 billion in revenue and EBITDA of OMR1.975 billion. This outstanding...

Proofpoint a leader in people-centric cybersecurity has identified multiple YouTube channels distributing malware by promoting cracked and pirated video games and related content. The activity likely targets...

Abu Dhabi-based Investcorp Capital an investor in private markets and provider of capital financing services in the alternative investments space said it has reached an agreement to invest in the redevelopment...

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...

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...

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...

Abu Dhabi s private sector continued its strong growth reaching AED338.9 billion ( 92.3 billion) up 35% compared to 2016 as the emirate s non-oil sector grew 9.1% in 2023 to AED610 billion to contribute...

Dubai Chamber of Digital Economy has discussed strategies to empower companies to support Dubai s digital transformation and maximise the contribution of advanced technologies such as artificial intelligence...

Positive Technologies Expert Security Centre (PT ESC) has discovered a new cybergroup called Lazy Koala whose victims include organisations from Russia and six CIS countries with approximately 867 employee...

SC Ventures Standard Chartered s innovation fintech investment and ventures arm and NEXT176 the venture building and investment arm of Old Mutual have joined forces to launch an inclusive financial wellness...

e& has announced the launch of Wider Web for mobile device browsers coinciding with World Autism Awareness Day (April 2). The free-to-use browser extension caters for the needs of autistic users by offering...

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...

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...

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...