Saudi Arabia’s Capital Market Authority (CMA) has given the thumbs-up to a public offering for the GIB Opportunistic Indian Equity Fund, paving the way for Saudi investors to tap into the growing Indian stock market. The announcement, made on July 7, 2024, follows an application submitted by GIB Capital, a leading Saudi Arabian financial services firm. The CMA’s approval signifies that the regulatory body has reviewed and […]
LONDON, UK – Media OutReach Newswire – 9 July 2024 – Shining the spotlight on an extended collection of bars across the region, Asia’s 50 Best Bars, sponsored by Perrier, releases the prestigious 51st to 100th list for the fourth year running. Revealed one week ahead of its live awards ceremony in Hong Kong, the ranking is created from the overall Asia’s 50 Best Bars voting process, […]
SINGAPORE – Media OutReach Newswire – 9 July 2024 – Terence Lau & Associates (TLA), a leading financial services agency in Singapore, has announced that it plans to grow the size of its organisation. Director and head of TLA, Mr Terence Lau, a veteran in the financial advisory industry of almost 15 years, has recognized the immense potential of the younger workforce in the financial advisory sector […]
For home cooks who find themselves captivated by culinary creations on Instagram Reels, a new feature from recipe management app Pestle is a game-changer. Gone are the days of frantically scribbling down ingredients or scouring comments for details. Pestle’s on-device artificial intelligence (AI) now empowers users to seamlessly save recipes directly from those enticing short video clips. This innovative solution leverages the power of machine learning, specifically […]
Saudi Arabia and China are poised to solidify their ties in the construction and housing sectors, following a recent meeting between high-level officials in Riyadh. The get-together, which included Saudi Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail and China’s Ambassador to Saudi Arabia Chang Hua, focused on bolstering collaboration across real estate development, contracting, and municipal services. This strategic dialogue marks a significant step forward […]
Over 24,000 global water and city leaders, delegates, and trade visitors attended SIWW2024 SIWW2024 Water Expo featured exhibiting companies from over 30 countries and regions and nine country and regional pavilions, covering 22,000 square metres of exhibition space 51% of exhibiting companies from overseas, catering to 35% of overseas trade visitors, mostly from ASEAN countries SINGAPORE – Media OutReach Newswire – 9 July 2024 – Into its […]
Arabian Post Staff -Dubai Ram Buxani, a leading figure in Dubai’s Indian business community and a renowned philanthropist, passed away on Monday at his residence. He was 83 years old. Buxani’s life embodied the spirit of entrepreneurship that has fueled Dubai’s remarkable growth. Arriving in the emirate in 1959 at the age of 18, he witnessed firsthand its transformation from a modest trading hub to a global […]
Dubai’s scenic coastline is poised for a significant makeover with the green light given to the Jebel Ali Beach Development Project. Approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, the initiative marks a crucial step towards the emirate’s ambitious Dubai 2040 Urban Master Plan. This grand vision aims to quadruple the length of public beaches in Dubai, significantly enhancing leisure […]
The Ascott Limited (Ascott), a leading serviced residence company under CapitaLand Investment Limited, is stepping up its game in Europe. The company announced a two-pronged strategy for growth:expanding its portfolio of properties and forging a strategic partnership with a major football club. Ascott is adding six new properties across Europe, bringing its total portfolio in the region to nearly 8, 000 units. This represents a 14% increase […]
Ram Buxani, a pioneering Indian businessman who rose to become a pillar of Dubai’s commercial landscape, passed away on July 7th, 2024, at the age of 83. Buxani’s life story intertwined with the phenomenal growth of Dubai, showcasing the emirate’s transformation into a global business hub. Arriving in Dubai in 1959 as an 18-year-old, Buxani’s journey began modestly as an office clerk at ITL. His entrepreneurial spirit […]
Gulf International Bank (GIB) recently released its 2023 Sustainability Report, outlining the bank’s environmental, social, and governance (ESG) efforts throughout the past year. The report highlights GIB’s commitment to integrating sustainable practices into its core operations and financial products. GIB emphasizes its strategic approach to sustainability, showcasing its initiatives and achievements measured against established ESG metrics. The report details the bank’s adherence to the Global Reporting Initiative […]
Marks debut of The Unlimited Collection brand and expansion of lyf brand with six new property signings in Europe Enters into multi-year partnership with Chelsea Football Club as the “Official Global Hotels Partner” Operator of stadium hotels to be rebranded as lyf Stamford Bridge London LONDON, UK/SINGAPORE – Media OutReach Newswire – 8 July 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by […]
Dubai-based company Revibe is on a mission to transform the perception of refurbished electronics, aiming to not only be a leader in the region but also disrupt the global market. Founded in September 2022 with a focus on sustainability and affordability, Revibe is capitalizing on the growing demand for high-quality, pre-owned devices. The brainchild of co-founder Hamza Iraqui, Revibe was born out of a concern for the […]
Travel enthusiasts, rejoice!Wego, the Middle East and North Africa’s (MENA) leading online travel marketplace, has joined forces with the Jordan Tourism Board to unlock the captivating wonders of Jordan for a wider audience. This strategic partnership promises to illuminate the diverse experiences the Hashemite Kingdom offers, catering to every traveler’s desires. “We are thrilled to partner with the Jordan Tourism Board, ” exclaimed Mamoun Hmedan, Wego’s Chief […]
Ajman Bank, a leading Islamic financial institution in the United Arab Emirates, has joined forces with Positive Zero to implement a comprehensive energy-saving initiative. This strategic partnership aims to significantly reduce the bank’s energy consumption and environmental impact. Positive Zero, a specialist in fully financed energy efficiency solutions, will equip Ajman Bank’s headquarters with cutting-edge technologies and operational improvements. These measures are anticipated to generate a substantial […]
SINGAPORE – Media OutReach Newswire – 8 July 2024 – The Institute of Singapore Chartered Accountants (ISCA) has launched its pioneering “Do Good” initiative, which signifies ISCA’s commitment to foster a culture of social responsibility and enhance corporate governance within Trade Associations and Chambers (TACs) and charity boards. Announced in February this year, the Board of Directors (BOD) Masterclass Programme is an all-encompassing board training programme prescribed […]
The United Arab Emirates (UAE) is anticipating a robust economic performance in 2024, with a projected growth rate of 5% according to Abdulla bin Touq Al Marri, the nation’s Minister of Economy. This optimism comes amidst a backdrop of global economic uncertainties, including rising inflation and potential slowdowns. The UAE’s economic resilience is attributed in large part to its ongoing diversification efforts. The non-oil sector, encompassing industries […]
Dubai Media, a prominent media organization in the United Arab Emirates, has joined forces with global media services leader NEP Group in a strategic partnership. This collaboration aims to elevate Dubai Media’s logistical and technical capabilities, propelling them towards becoming a leading global content creation hub. The partnership, formalized through a memorandum of understanding (MoU), signifies a commitment from both entities to foster cooperation and knowledge exchange […]
The Saudi Arabian technology sector witnessed a significant surge in the second quarter of 2024, fueled by a dramatic rise in registrations for artificial intelligence (AI) and cloud computing services. According to data released by the Saudi Ministry of Investment, registrations for AI technologies jumped by an impressive 53% compared to the same period last year. Cloud computing services also saw a substantial increase, with registrations climbing […]
Arabian Post Staff -Dubai The allure of long-term residency in Dubai is driving a surge in property purchases among professionals holding the coveted Golden Visa. This ten-year visa, awarded to investors and skilled workers in various fields, is prompting a shift from renting to owning as residents seek stability and potentially higher returns on their investments. Several factors are contributing to this trend. Recent policy changes have […]
Dubai’s forward-thinking approach to energy production is reaping rewards. The Dubai Electricity and Water Authority (DEWA) has attracted a staggering AED 43. 6 billion (USD 11. 9 billion) worth of projects over the past decade through its Independent Power and Water Producer (IPWP) model. This public-private partnership strategy has not only secured substantial investments but has also positioned Dubai as a global leader in cost-effective solar energy. […]
