Despite inflation being at a more than 20-year high, manufacturers and retailers globally, including in the Middle East, are expecting further inflation in consumer products costs of goods sold (COGS) in 2022, by circa 10%. That’s according to a new Cost Inflation Flash Survey undertaken by AlixPartners. The report, named Margin Protection In Times of […]
Abu Dhabi-listed tech-focused holding company Multiply Group (Multiply) has signed a binding commitment to invest AED 275 million (US$75 million) in global visual content creator and marketplace Getty Images. With a broad portfolio that includes the Getty Images, iStock and Unsplash brands, the company reaches and empowers a broad base of retained customers ranging from international enterprises […]
The Best Places to Work organization announced today the top 17 Best Places to Work in Middle East for 2021. Topping this year’s ranking was Novo Nordisk, the global healthcare company followed by AstraZeneca, the multinational pharmaceutical and biotechnology company. Edenred, a leading provider of prepaid corporate services, secured the third position. To be considered, companies must be […]
Rain Management W.L.L, the first licensed crypto-asset service provider in the Middle East by the Central Bank of Bahrain, announced the appointment of Talal Al Zain as the newest board member. Bringing over 35 years of experience in banking and financial services internationally, Talal Al Zain has held various senior executive positions throughout his well-established […]
Shri Satish Mahana, Minister for Industrial Development, Government of Uttar Pradesh (UP) invited global investors to take advantage of the state’s vibrant policy-based governance approach and various land reforms that support investor needs. The Minister was virtually speaking at the closing ceremony of the Uttar Pradesh Week at the India Pavilion in EXPO2020 Dubai on […]
The India Pavilion, one of the largest and most visited pavilions at EXPO2020 Dubai completed another landmark by hosting 6 lakh visitors in 83 days of its opening. The India Pavilion, inaugurated by Shri Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, and Leader of the House […]
HWGG Capital P.L.C (“HWGGC” or “The Company”), a leading blockchain payment solutions provider licensed under Labuan Financial Services Authority (LFSA) Malaysia, is expanding its regional footprint to Singapore, Dubai and Kazakhstan. The regional expansion is expected to commence in the first quarter of 2022. HWGG Capital was founded in 2017 to offer digital asset management services through its HWGCash App […]
His Excellency Salem Humaid AlMarri, Director General, Mohammed Bin Rashid Space Centre (MBRSC) led a team from the Center during a recent visit to Expo Dubai 2020, where he met with Her Excellency Reem Al Hashimy, Minister of State for International Cooperation and Director General of ongoing global event to discuss how space innovations and technologies can be used for the good […]
Semi-finalists of the MITEF Startup competition in Saudi and the Arab world have been announced by the MIT Enterprise Forum Pan Arab Region and the MIT Enterprise Forum Saudi Arabia. The competition, which covers three tracks (startups, ideas, and social entrepreneurship), is to organize the Start Smart Conference along with the closing ceremony on February […]
His Royal Highness Prince Mohammed Bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Chairman of the Board of Directors of the Royal Commission for Riyadh City (RCRC), chaired a board meeting to review the strategy in preparation for launch. HRH directed the government entities at the national and city level to conclude the […]
