Despite the pandemic headwinds that the global hospitality industry has had to contend with over the past two years, new hotel development in prime tourism destinations in Saudi Arabia, Qatar, Oman and the UAE, remains substantial even by global standards. According to new research commissioned by Arabian Travel Market and conducted at the end of […]
Real estate is most likely to be the first sector to widely adopt non-fungible tokens (NFTs) for real-world applications. That is the opinion of respondents to an online survey conducted by Ali Sajwani, General Manager – Operations at UAE-headquartered DAMAC Properties. The three-day poll, which garnered 4,225 responses from both Arabic and English-speaking Twitter users, saw almost […]
Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) showcased its digital banking initiatives and women’s access to financial services at the ongoing Dubai Expo 2020. President & CEO MMBL, Ghazanfar Azzam shared MMBL’s efforts in promoting financial inclusion in an integral event at the Pakistan Pavilion, “Women of Pakistan: Leading a Change”, organized by the […]
Gulf Business Machines (GBM) today revealed top insights from its cloud services report, where it explored how organizations are leveraging cloud services to become digitally resilient and subsequently business resilient. With disruption being the key word in today’s global and regional economy, we are witnessing the daily rise of new business models, and trends driven […]
Zurich International Life (Zurich), part of Zurich Insurance Group, together with YouGov have released the results of newly conducted research exploring policies and practices regarding employee benefits in the UAE. The two surveys on ‘Workplace Savings’ and ‘Group Life Cover’, in which over 200 employers and 500 employees were interviewed in each survey, provide valuable […]
His Highness Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates and Minister of Presidential Affairs, today launched e&, marking the transformation ambitions of Etisalat Group into a global technology and investment conglomerate. Commenting on the launch, HH Sheikh Mansour emphasised the importance of capitalising on opportunities that the fast-evolving […]
PepsiCo has announced the ten companies selected for the first MENA edition of the Greenhouse Accelerator program following a rigorous multi-stage judging process. Two start-ups from Lebanon have made it to the shortlist – Diwama which provides an AI-based image recognition software to automate waste analysis and drive recycling revenues for waste management companies as […]
With the GCC witnessing an impressive 72% compound annual growth rate (CAGR) in renewable energy installations from 2015-2020, investment is required for grid enhancements and digitalisation to support additional renewable capacity Furthermore, the global equipment market in this sector is expected to reach US$312.8 billion by 2026 Transmission & Distribution to have a central role […]
Facilio, the property operations software platform leader, today announced it has raised $35 million in Series B financing led by Dragoneer Investment Group with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management. Founded in 2017, Facilio offers a unified software platform that leverages an AI-led predictive engine to help real […]
The term “Credence” implies trust and reliability. This newest addition to the portfolio of platforms created by the IBF Net Group provides for all the benefits that are usually bracketed with blockchain technology in general as a trust-inducing machine. It enables the preservation of tangible and intangible assets by creating transparent, verifiable, traceable and immutable […]
