Category: News Releases – Latest Releases Distributed by Arabian Post

UAE-based Big Data Analytics and AI company Presight AI Holding Ltd and TOTM Technologies Limited  announced plans to establish a joint venture for the development and deployment of their combined proprietary technologies, marking a deepening collaboration between the ADX-listed tech provider and Singapore’s home-grown, SGX-ST Catalist-board listed biometrics and Digital ID solutions provider.The joint venture agreement will establish an entity that will leverage Presight’s Big Data AI and Data Analytics capabilities to enable the scale-up deployment of TOTM’s Digital Identity

Thuraya Telecommunications Company, the mobility arm of the UAE’s flagship satellite solutions provider, Al Yah Satellite Communications Company PJSC, announced the release of Cypod Solutions’ CyLock-Satcom Product, using Thuraya’s network, an industry-first IoT (Internet of Things) new tracking and monitoring Product that seeks to transform shipping logistics. The Product, developed by Norway-based Cypod Solutions, using Thuraya’s technologically advanced mobile satellite system, is yet another example of Thuraya’s commitment to innovation and excellence. It is expected to revolutionize container tracking and safety

The ITU Arab Regional Cyber Security Center (ITU-ARCC), in partnership with Huawei, launched a new program to help strengthen the cybersecurity industry in the Arab region. Titled the ‘Cybersecurity Industry Development Strategy Maturity Module (CIDSMM),’ the program provides a comprehensive guide for regulatory authorities, industry stakeholders, and academic researchers to assess and improve their cybersecurity capabilities. The first of its kind in the region and the world, the program is designed specifically for the Arab region’s cybersecurity industry. The program is one

The UAE Ministry of Economy announced that US-based Fluent Finance, the developer of a cryptocurrency-based payment platform that facilitates cross-border trade, has joined its NextGen FDI program. The web3 company, which was founded in Delaware in 2020, plans to launch operations in Abu Dhabi and plans to grow its workforce to between 100-125 people within five years. Fluent will use its new UAE headquarters to deploy and scale its proprietary Fluent Economic Bridge, which can be used by importers and exporters to

The Abu Dhabi Music and Arts Foundation (ADMAF) commemorates the winner of its 2023 Design Fun award, Badria Ali Saif Salem. Her winning design, “Al iqd Al Bahir (The Brilliant Necklace) “, is an intricate and highly creative piece. Inspired by the UAE, the stunning necklace features brushed gold, malachite, pearls, lapis lazuli and pave diamonds. The winning design interweaves some of the most important symbols of the UAE– including an oryx, a falcon, sand dunes and the sun. As a

World-renowned therapist, bestselling author, and creator of the I Am Enough movement, Marisa Peer, will once again be taking her mindset mastery to audiences across Dubai next month for a program of very special events – as she prepares to make her home in the city in November. Marisa is one of the most recognized names in the wellbeing industry, and over her thirty-year career has helped transform the lives of millions using her award-winning therapeutic approach, Rapid Transformational Therapy (RTT).

Emirates has recently been crowned as a 2024 APEX World Class Airline winner for mastering guest experience and delivering outstanding customer service, at the 2024 APEX/IFSA Awards held in Long Beach, California. Evaluated through a comprehensive audit of quality of service, safety, and health control initiatives, Emirates is one of just eight airlines globally to achieve this accolade. Emirates also received a 2024 IFSA award for‘Best Onboard Amenity,’ in recognition of Emirates Sustainable Economy Class amenity kit – filled with useful

The First Group’s family of Restaurants is coming with a wave of exclusive offers and exceptional dining experiences taking place this October. From World Teacher’s Day to International Coffee Day and themed-night specials, this month promises something truly special for everyone to explore. VILLAGE BISTRO: ONE FOR ALL Village Bistro presents an array of delectable offers to celebrate World Teacher’s Day, International Scottish Gin Day and International Nachos Day all through the month of October. World Teacher’s Day: Offer: Calling all teachers! As a

Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE and the second largest airline in Abu Dhabi by seat capacity, has announced the addition of its newest aircraft to serve its ever-expanding network. The national airline is ramping up operations to meet high demand, unlocking more affordable travel opportunities for tourists and residents throughout multiple continents. The additional aircraft will enable Wizz Air Abu Dhabi to enhance frequencies and drive ambitious growth into new territories with must-see travel destinations

Legendary co-founder of the Police and 7X Grammy Winner, Stewart Copeland, and 3X Grammy winner, Ricky Kej, will join the Smithsonian Affiliated Bay Ecotarium located in San Francisco, for a Climate Concert titled RESONANCE, held in conjunction with the UN COP28 at Dubai Opera on December 6, 2023. The Police De-Ranged musical tribute to climate resilience will be performed with the trailblazing, all-women Firdaus (paradise in Arabic) Orchestra ensemble based at the Dubai World Expo City. In a candid conversation with

Arabian Post Staff Old-school email personalization methods such as those that relied only on demographics or first-name, don’t seem to be as effective any longer. What’s working is behaviour-based personalization and personalization based on the stage of the buyer journey, a study by MoEngage has shown. Such advanced personalization tactics require a deep understanding of the customer and a reliable customer engagement tool. The study showed email personalization to be supremely effective — conversion rates increase by up to 7.7X, CTOR increases by

Tim Hortons has achieved a milestone with over 300 stores in GCC and India. Tim Hortons, owned by AG Café, entered India in collaboration with Dubai’s Apparel Group. The 20th store, strategically located in Epicuria, Nehru Place, boasts an impressive 1375 sq ft, designed to provide the ultimate Tim Hortons experience for customers. Tim Hortons has planned a significant inauguration for its upcoming Bangalore Airport store, with special participation from the Canadian Embassy. India, with its vibrant and diverse palate, has welcomed Tim

Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE and the second largest airline in Abu Dhabi by seat capacity, announced the inauguration of its first flight from Abu Dhabi to Erbil. The new route provides affordable, hassle-free, point-to-point travel for tourists and residents in the UAE, Iraq and across the region. Tickets are on sale on wizzair.com and the airline’s mobile app with fares starting as low as AED 269. The flights from Abu Dhabi to Erbil operate on

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers,is the global business community to Expand North Star, the world’s largest gathering of startups and investors.Dubai Chamber of Digital Economy’s flagship event will take place at Dubai Harbour from 15 – 18 October 2023 and is set to connect the world’s most sought-after startups with innovators, investors, entrepreneurs, and the founders of global success stories. Together, participants will seek to leverage the exciting

Arabian Post StaffAl Yah Satellite Communications Company announced  that its government services arm, Yahsat Government Solutions has received from the UAE Government an Authorization to Proceed to provide satellite capacity and managed services for 17 years.The mandate, valued at AED 18.7 billion (USD 5.1 billion), combines related operations, maintenance and technology management services of ground segment satellite systems and terminals currently provided under a separate contract.The mandate will replace two current agreements, the Capacity Services Agreement (“CSA”) and the Managed

AJEX Logistics Services, the Saudi-headquartered Middle East specialist in express distribution and shipping solutions, announced its expansion into the United States market. This strategic move represents a significant milestone in the company’s global initiative to foster connectivity between Saudi Arabia and the world. AJEX’s presence in the U.S will serve as a pivotal element in providing seamless logistics solutions for E-Commerce brands, industrial connectivity, and global trade hub operations in Saudi Arabia. Represented in Atlanta and Dallas and serving the entire United States,

The robot looks like a human and interacts with people The startup RDI Robots, a manufacturer specializing in autonomous service robots, has unveiled its latest creation: Ardi, a humanoid robot. This project spanned eight months in development. Noteworthy advancements in this new model include a novel servomotor type, an expanded capacity for regulating micro-expressions to convey emotions, the introduction of silicone skin for enhanced elasticity, along with the incorporation of hyper-realistic eyes. Additionally, the robot now utilizes "Motion Capture" technology, enabling

IT spending in the Middle East and North Africa (MENA) region is forecast to accelerate in 2024, increasing 4% from 2023, according to the latest forecast by Gartner, Inc. MENA’s IT spending is projected to total $183.8 billion in 2024, up from $176.8 billion in 2023. In comparison, global IT spending is projected to total $5.1 trillion in 2024. MENA software spending is expected to record double-digit growth of 12.3% in 2024, followed by IT services spending, growing at 11.1%. “Organizations in

In collaboration with the UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) and the ICT Fund, the second phase of Huawei Seeds for the Future 2023 and Tech4Good competition concluded at Waldorf Astoria Dubai International Financial Centre, Dubai, UAE recently. The regional event, which witnessed the participation of 175 students from elite universities across the Middle East and Central Asia, aims to develop local talent, share knowledge, increase the Information and Communications Technology (ICT) sector awareness, and foster a digital community

Emirates and SriLankan Airlines have signed a reciprocal interline agreement to boost connectivity for passengers of both airlines. The partnership will enable access to new points on each other’s networks via Colombo and Dubai, utilising a single ticket and enjoying the convenience of baggage transfers. Tickets are now on sale for travel effective immediately as the interline partnership unlocks 15 regional destinations operated by SriLankan Airlines via Colombo, for Emirates’ passengers to choose from. The interline network includes two new Indian destinations,

Dubai real estate developer OMNIYAT has announced the acquisition of Marasi Bay Marina from Business Bay LLC. The purchase is the first of its kind for OMNIYAT and will see it translate its architectural mastery and elevated lifestyle curation from single properties to an entire exclusive, ultra-luxury enclave.The dynamic waterfront space is centrally located in the heart of Dubai and is the current location of OMNIYAT’s first masterpiece on the bay, The Lana — a distinctive hotel and residential offering

Arabian Post StaffROSATOM, Gazprom Neft Marine Bunker and Gazprom Neft Shipping signed a memorandum of cooperation in the implementation of the Eurasian Container Transit Project (EACT) during the Eastern Economic Forum 2023. The document sets out the parties' intentions to create the first regular container line to carry out transit cargo transportation via the Northern Sea Route (NSR) between the eastern and western parts of Eurasia.The companies plan to cooperate in the process of construction and further operation of the

The United Arab Emirates has expressed its appreciation of the consensus reached by GCC nations to proceed with the ratification of the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer. The consensus takes into consideration the unified position of GCC and the annex to the mechanisms for ratifying the Kigali Amendments. The Kigali Amendment will help curb up to 0.4°C of global warming in this century while continuing to protect the ozone layer. The amendment will

CrowdStrike announced Falcon Complete for Service Providers, a new program that gives Managed Security Service Provider’s (MSSPs), Managed Service Providers (MSPs), System Integrators (SIs) and Global System Integrators (GSIs) the ability to create and augment their service offerings with CrowdStrike’s elite 24/7 expert monitoring, proactive threat hunting, integrated threat intelligence, and end-to-end remediation offerings. Designed to help partners rapidly scale managed security services portfolios, close skills gaps, and augment internal teams, the new offering is the latest move by CrowdStrike to

The UN Conference on Trade and Development (UNCTAD) will hold the World Investment Forum 2023 to rally investments for climate action, clean energy, health care, food security and other development needs. Heads of state, more than 50 government ministers, over 150 CEOs of leading companies and stock exchanges, and thousands of investment stakeholders – from sovereign wealth fund managers and investment treaty negotiators to heads of international organizations – will participate in more than 130 events co-organized with over 80 partners.. According

Wego, the largest online travel marketplace in the Middle East and North Africa (MENA) acquired Travelstop, a platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego’s reach into business travel and expense management. [From left to right : Ross Veitch, CEO and Co-founder of Wego and Prashant Kirtane, CEO & Co-founder of Travelstop] The acquisition will also empower Travelstop to tap into Wego’s regional network and leverage its deep understanding of the travel industry

Salesforce (NYSE: CRM), the global leader in CRM, today released the new State of the Connected Customer report, sharing insights from 14,300 consumers and business buyers across 25 countries — including 650 from UAE. The report uncovers how AI, digital transformation, and macroeconomic trends are reshaping customer expectations and behaviors across the buying lifecycle. Key insights from the research include: * A Changing World Shakes Up Expectations. Economic and technological shifts are changing customer priorities, behaviors, and expectations.

Federal authorities are challenging the assertions made by Sam Bankman-Fried, the former CEO of FTX, that the technology provided to him in prison is inadequate for preparing his defense. This development emerged from a legal document filed on Tuesday in response to a recent request by Bankman-Fried’s legal team. Two ETF analysts at Bloomberg Intelligence, Eric Balchunas and James Seyffart, have revised their predictions for the approval of a spot Bitcoin exchange-traded fund (ETF), attributing the increased odds to a recent unanimous legal victory by Grayscale against the

Emirates NBD has reported a 34% increase in lending facilities towards SMEs compared to the previous year. The bank has also opened more than 7000 new business accounts for large and small businesses with account packages including a host of features and benefits for business owners and their entities. Emirates NBD’s one of a kind offering to UAE SMEs integrates a premium service model, enabling all clients complimentary access to its best-in-class digital platforms, supported by advisory services via a growing branch

Results of two recent archaeological excavations supported by the Royal Commission for AlUla (RCU) demonstrate that the Neolithic inhabitants of north-west Arabia conducted “complex and sophisticated ritual practices” in the late 6th millennium BCE. [The team led by Dr Wael Abu-Azizeh excavates the chamber that contained “an exceptional discovery” of skull and horn fragments. Credit: Muhammad Al-Dajani / RCU] The unprecedented findings open unsuspected horizons for a broader understanding of the social, cultural and spiritual background of the ancient peoples of north-west

Emirates NBD announced the launch of its Sustainable Finance Framework that allows for the issuance of green and sustainable debt instruments to finance projects which enable the transition to a low carbon and climate resilient economy.The Framework also allows for the issuance of social debt instruments leading to a positive societal impact.The Framework will cover Emirates NBD Group entities such as Emirates NBD, Emirates Islamic, DenizBank and Emirates NBD Asset Management and will accelerate the Group’s efforts when it comes to

As many as 615 startups from 55 countries have applied in the Dubai Centre for Artificial Intelligence’s (DCAI) Accelerator Programs since its launch, earlier this year by the Dubai Future Foundation. Thirty startups have secured their spot in the program and will develop their innovative AI solutions during the 8-week program, launched to provide advanced technology startups and entrepreneurs with an opportunity to develop AI uses and applications in the government and media sectors at AREA 2071. The accelerator, the first of

Biocon Biologics said it has completed the integration of the acquired biosimilars business from Viatris in North America (United States and Canada) effective September 1, 2023.Biocon Biologics recently acquired the global biosimilars business of its long-term partner Viatris. Since the agreement closed in November 2022, Biocon Biologics has executed a robust integration plan to ensure a seamless transition of partners, people, systems, and processes.Biocon Biologics has achieved many “firsts” in the industry including the first to receive approval of bTrastuzumab and bPegfilgrastim as

Riyadh: stc Group announced it has acquired a 9.9% interest in Telefónica S.A., one of the largest telecommunications companies in the world with significant presence in Spain, Germany, the UK, and Brazil, for a total consideration of SAR 8.5 billion (EUR 2.1 billion).This acquisition represents another milestone in stc Group’s expansion and growth strategy, and reflects stc Group’s confidence in Telefónica’s sustainable growth and upside potential. Telefónica benefits from a unique portfolio of best-in-class infrastructure assets and cutting-edge technology platforms, where