Industries Qatar announces a net profit of QR 3.5 billion for the six-month period ended 30 June 2021

Industries Qatar (“IQ” or “the Group”; QE Ticker: IQCD), today reported a net profit of QR 3.5 billion for the six-month period ended 30 June 2021, representing an increase of 391% compared to the same period last year. Updates on macroeconomic environment The economic momentum built upon effective ongoing vaccination campaign and ease of lockdowns […]

Brand Dubai and Dubai Municipality host virtual session for participants selected to redesign 10 public parks in Dubai

Brand Dubai, the creative arm of the Government of Dubai Media Office, in cooperation with Dubai Municipality, today hosted a virtual session for 30 participants selected to redesign 10 public parks in the emirate as part of a joint redevelopment project. The session, led by leading industry experts in the fields of architecture, interior design […]

Dubai Economy records 63% increase in DED Trader licences during H1 2021

The DED Trader licence, launched by the Business Registration & Licensing (BRL) sector of Dubai Economy  to enable freelancers and start-ups to conduct business activities online and across social networking accounts, is witnessing an overwhelming response with 13,430 licences issued since its launch in 2017 till end of June 2021. Dubai Economy also reported that 3,243 DED […]

Petronas Lubricants International expands Middle East footprint with Kuwait’s Al Babtain Group

PETRONAS Lubricants International (PLI), the fluid technology pioneer and leading global manufacturer of high-quality automotive and industrial lubricants, has partnered with one of Kuwait’s oldest family-owned conglomerates, Al Babtain Group, to oversee the distribution of premium engine oils and industrial lubricants in the northern Arabian Gulf country. Under the partnership, Al Babtain Group will oversee the […]

Tik Tok for business introduces Spark Ads in the Middle East: An authentic way for brands to elevate native, popular content

TikTok For Business has announced the launch of Spark Ads in the Middle East, Africa and Turkey – a new native ad display format that enables brands and businesses to boost not only their own popular organic posts but also amplify relevant content shared by the community. For brands looking to build a robust content […]

OutSystems adds Atlassian VP and Former Microsoft leader Anu Bharadwaj to Board of Directors

OutSystems, a global leader in modern application development, today announced it has appointed Anu Bharadwaj, Vice President of Product at Atlassian, to its board of directors. Anu joins the OutSystems board with nearly 20 years of experience driving product strategy for businesses in various stages of growth, including leading Atlassian’s transition to the cloud and […]

SentinelOne unveils Storyline Active Response to transform XDR

SentinelOne(NYSE: S), an autonomous cybersecurity platform company, today unveiled SentinelOne Storyline Active Response (STAR)TM, its cloud-based automated hunting, detection, and response engine. Integrated with SentinelOne’s ActiveEDR®, STAR empowers security teams to create custom detection and response rules and deploy them in real time to the entire network or desired subset, to proactively detect and respond to threats. STAR […]

SSH announces new Group Commercial Director

SSH welcomes Mark O’Brien as the company’s new Group Commercial Director. Mark has over 30 years’ experience in commercial management, operational management, programme management, and leadership. He has led teams in the UK, Europe, Asia and, for the last seven years, the Middle East.   As a strategic thinker with an adaptive, collaborative style, Mark has […]

ADCB – Egypt H1 2021 net profit rises by 83%

Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt) has delivered robust results during the first half of 2021, with net profit increasing by a staggering 83% to reach EGP 358 Million compared to the first half of 2020. This positive performance reflects the bank’s successful business management and its efficiently executed growth strategies at this critical […]