Dubai’s real estate sector has just reached in June 2021 a record of sale transactions, the highest in value in eight years*, proof of the vitality and attractiveness of the property market in the Emirate. Is this post-lockdown vitality of the real estate industry the sign Monica Garcia Ricardo, an accomplished and award-winning agent, was waiting […]
Category: LATEST NEWS
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 […]
Schneider Electric appoints Amel Chadli to lead digital energy and EcoStruxure for the Middle East and Africa
Schneider Electric has promoted Amel Chadli to Vice President Middle East and Africa for Digital Energy and EcoStruxure. Amel, who has been with Schneider Electric for over a decade, will take up these new responsibilities alongside her existing Strategy role. Amel will spearhead the company’s growth in the areas of digital transformation and software across the […]
Wiley and PwC’s Academy Middle East Expand Partnership to Help Finance Professionals Advance Their Careers
Wiley, a global leader in research and education, and PwC’s Academy Middle East, the talent and skills development business of PwC Middle East, announced the expansion of their partnership to support as many as 20,000 finance and accounting professionals via high-quality certification exam preparation programs. “We are thrilled to enhance our current partnership with PwC’s […]
DIB increases foreign ownership to 40%
Following all regulatory approvals received from UAE Central Bank and the Securities and Commodities Authority (SCA), DIB has today, through the Dubai Financial Market (DFM), successfully executed the increase in its foreign ownership limit (FOL) from the current level of 25% to the new enhanced one of 40%. The increase in FOL is driven primarily […]
Gulf International Services reports revenue of QR 1.4 billion for the six-month period ended 30 June 2021
Gulf International Services (“GIS” or “the Group”; QE ticker: GISS), today reported a net loss of QR 0.8 million for the six-month period ended 30 June 2021. Macroeconomic updates Oil and gas industry continue to show positive signs of recovery with constructive macroeconomic drivers, on the back of effective vaccination campaigns leading to ease of […]
Changelabs Launches Egypt’s 1st ‘Green’ Scale-Up Accelerator in partnership with leading European investment fund
Change the date: Impact-centered accelerator Changelabs, one of the top 10 accelerators in the Middle East, announced today the launch of its leading “Scale Up To Green” accelerator targeting top Egyptian resource efficiency, green energy, and agritech companies. The program is being launched in partnership with the Green for Growth Fund (GGF), which is a […]
Nuwa Capital invests in YC-backed fintech startup baraka
Nuwa Capital has invested in baraka, a Dubai-based fintech startup on a mission to educate, enable and empower retail investors in the Middle East. The $4M seed round also includes Global Founders Capital, FJ Labs, Raptor Group, Tribe Capital, VentureSouq, and Class 5 Global. The company has officially launched its mobile investment app today, and […]