Monthly Archives: August 2022

Tribal Credit sees an increase in international business transfers in the MENA region

Dubai/Cairo/Riyadh: According to internal data from Tribal, a company that provides comprehensive digital financial solutions, international business transfers in the MENA region for payment of suppliers, purchase of equipment and raw materials , and business services were up 10% from Q1 to Q2 2022. Expanding business across borders is one …

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Farnek closes facility security agreements worth over $11.54 million

The UAE’s leading smart and green facility management company, Farnek, underscored its security credentials with a slew of new and retained contracts worth more than AED42.4 million (11.54 million) in the last 12 months. The company has had success in security contracts across a wide range of industries, including energy, …

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El-Batal Group Launches Rock Gold Mall, 1st Gold Market in New Cairo

The El-Batal Housing and Development Group has launched the first mall specializing in the sale of gold jewelry in New Cairo. Rock Gold Mall is a unique project introduced by El-Batal Group as it is the largest mall that brings together all gold and jewelry merchants in one place for …

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India is the world’s third largest fintech market after the United States and China – News

By 2030, Indian fintech will hit $1 trillion in assets under management and $200 billion in revenue. Photo Reuters By HP Ranina Published: Sat 27 August 2022, 17:06 Last update: Sat 27 August 2022, 17:07 Question: I recently read a report that the fintech sector is likely to grow by …

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Prism Digital Introduces WhatsApp Automated Chatbot Service for Hospitality Industry

Prism Digital, a leading digital marketing agency in the United Arab Emirates, has launched an AI-powered WhatsApp business chatbot service for the hospitality industry in the Middle East and North Africa. With over 2.2 billion users worldwide, WhatsApp is the most widely used application for communicating and creating personal and …

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Tier III cities show strongest recovery in hospitality: report

Tier III cities with resorts in India have seen the strongest recovery amid a recovery in leisure tourism. This has allowed these locations to achieve higher average rates than before the pandemic, according to a new report from consultancy Hotelivate. The company’s 2022 Indian Hospitality Trends and Opportunities report says …

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Invitation to the media – Sophie Chatel will announce the Government of Canada’s support for Kazar plein air

VAL DES MONTS, QC, August 24, 2022 /CNW Telbec/ – Canada Economic Development for Quebec Regions (CED) Sophie Chateldeputy of Pontiacannounce a government of Canada financial contribution to Kazar plein air, an organization being launched in the Outaouais region. This financial assistance will enable the recipient to develop Kazar Village …

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US warns of Russian strikes on Ukrainian government targets – News

The warning comes as Moscow said it would show no mercy over the murder of the daughter of a prominent ultranationalist A man walks near a destroyed school in Kostyantynivka, Donetsk region. —Reuters By AFP Published: Tue, August 23, 2022, 8:05 PM Washington warned on Tuesday that Russia could attack …

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Pakistani government steps up pressure on ex-PM Imran Khan – News

Khan could be disqualified from politics for life if found guilty of insulting Judge Zeba Chaudhry Photo: AP By AP Published: Tue, Aug 23, 2022, 1:43 PM Last update: Tue, Aug 23, 2022, 1:44 PM Pakistan’s government on Tuesday stepped up pressure on former prime minister Imran Khan who staged …

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Rahul Gandhi attacks PM on ‘ease of doing drug business’: ‘How long will you…’ | Latest India News

In a fresh attack, former Congress leader Rahul Gandhi on Monday questioned Prime Minister Narendra Modi’s “silence” over multiple drug shipments from several ports in Gujarat, including Mundra and Pupavav. In a series of tweets, Gandhi posed four questions to Prime Minister Modi on “The ease of doing the drug …

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Pakistan. Ex-PM Khan claims government blocking of YouTube was meant to censor him – News

He had delivered fiery speeches at rallies across the South Asian nation Photo: Reuters By Reuters Published: Mon 22 Aug 2022, 09:10 Former Pakistani Prime Minister Imran Khan, who faced charges on Sunday under an anti-terrorism law for threatening police and a magistrate, accused the government of temporarily blocking YouTube …

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AKARYN Hotel Group Launches New Luxury Resort and Spa in Chiang Mai, Thailand

Rendering of teak villas in Aleenta Chiang Mai The new Chiang Mai property will feature 45 intimate rooms, a swimming pool and lounge, a restaurant, a spa and wellness center and bespoke holistic health and wellness programs. Chiang Mai, Thailand – The luxury hotel group in Asia, AKARYN Hotel Groupannounced …

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Somalia hotel siege kills at least 21, many hostages freed

Armed forces battled militants for 30 hours from Friday night at Hayat Hotel in Mogadishu Security forces and others walk past the damaged Hayat Hotel in the capital Mogadishu. —PA By Reuters Published: Sun 21 August 2022, 21:09 Security forces have ended a siege by al-Qaeda-linked militants at a hotel …

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Investors to trust UAE real estate market with more investments – News

Real estate transactions could exceed 300 billion dirhams this year, as new government measures will further improve transparency, increase market credibility and boost investor confidence An aerial view of the Sheikh Zayed Road. The UAE real estate market attracted investments worth more than 170 billion dirhams in the first seven …

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China’s New Energy Vehicle Market Will Expand Rapidly in 2022-2020 – News

The country’s NEV market size is expected to reach 15.98 million units in 2026, growing at a compound annual growth rate of 35.1 percent during the period, according to International Data Corporation. International Data Corporation predicted that the compound annual growth rate of pure electric vehicles will be 37.5%. — …

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Opening of a new Korean market at Dubai’s Festival Plaza in Jebel Ali

Shoppers headed to Dubai’s Festival Plaza this weekend, a market celebrating everything South Korea has opened up to the public. K-Market, which runs until August 28, brings together food, beauty, clothing, arts and more at Jebel Ali Mall. Scroll through the gallery above to see what to expect in the …

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UAE: Abu Dhabi Stock Exchange Leads Arab Region in Increase in Market Value – News

Last week’s index jumped 3.6%, market value 3.03% By WAM Published: Sat 20 Aug 2022, 10:26 Last update: Sat 20 Aug 2022, 10:59 PM The Abu Dhabi Stock Exchange (ADX) was the top performing Arab financial market last week, with its index jumping 3.6% and its market value 3.03%, according …

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Dubai government services channel assessment complete: Media Office

UAE – The Dubai Model Center has completed an in-depth assessment of Dubai’s government services, including websites, smart apps and contact centers, the emirate’s media office said on Friday. The assessment covered four joint service initiatives from 17 local government entities, three federal agencies, three private sector companies and 17 …

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Dubai Government Services Channel Assessment Completed: Media Office – News

Assessment as part of efforts to achieve the Services 360 vision and digital transformation KT file photo used for illustrative purposes Published: Fri, August 19, 2022, 8:44 PM Last update: Fri 19 August 2022, 20:46 The Dubai Model Center has completed an in-depth assessment of Dubai government services, including websites, …

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Legacy Business Program to support iconic businesses

The program will identify iconic and long-standing businesses in the City of Boston to increase their visibility and provide access to grants and resources. Today, Mayor Michelle Wu announced the launch of the Legacy Business Program, an initiative that will support Boston’s long-time independent businesses through increased visibility and connecting …

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RAK tourism sector aims to increase number of hotel rooms to 12,747 in 5 years: RAKTDA CEO – News

The emirate now has 8,130 hotel rooms offering the highest standard of hospitality. By WAM Published: Thu 18 August 2022, 20:17 Last update: Fri 19 August 2022, 18:09 Raki Phillips, CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA), pointed out that the emirate’s tourism sector aims to increase …

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TOPSTRETCHING expands in the Gulf and MENA region through franchise business model – News

Published: Wed 17 Aug 2022, 2:19 PM Last update: Wed 17 Aug 2022, 2:26 PM TOPSTRETCHING, the leading chain of HIIT stretching and fitness studios, notable for being the first of its kind “women-only”, has announced plans for impressive expansion and expansion to 1,000 franchises worldwide. TOPSTRETCHING’s dominant social media …

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Dubai Marathon postponed after Qatar World Cup increases demand for hotel rooms and flights – News

The racing event was due to return for the first time since pandemic restrictions forced the hiatus Published: Wed, Aug 17, 2022, 1:47 PM The Dubai Marathon has been postponed due to high demand for hotel rooms and flights seen in Dubai in connection with the Qatar World Cup. Originally …

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Alaan launches UAE’s first business card with up to 2% cashback

Alaan, a UAE-based enterprise expense management fintech, has announced the launch of a first reimbursement card for businesses. The startup previously raised $2.5 million in seed funding and built a platform for businesses to spend through modern corporate cards and automated bill payments. Business customers using Alaan cards will be …

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Dubai: SCENT and Fortune Plaza Hotel organize the “Aatidonji Dina” cultural program

Shodhan Prasad Dubai, August 16: SCENT (Sandhya Creations Event Network Team) in association with Fortune Plaza Hotel (A Praveen Shetty Enterprise) concluded the first-ever cultural program “Aatidonji Dina” at Fortune Plaza Hotel, Al Ghusais on August 14th. The event drew an overwhelming crowd of over 1,500 Tuluvas from …

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UAE date exports quintuple in past decade as government continues to support farmers | Salaam Footbridge

The UAE exported $235 million worth of dates in 2020, with the fruit accounting for around 60% of the country’s agricultural production. Sharjah: Date production is booming in the UAE as government initiatives begin to impact farmers’ profits. The Al Dhaid Date Festival which took place in the emirate of …

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Dubai: Sheikh Hamdan appoints, promotes government officials – News

Departments include Human Resources Department, Smart Dubai Government Establishment Published: Mon 15 Aug 2022, 16:56 Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, has appointed and promoted officials in government departments in Dubai. These include the Government of …

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‘Shadow government’ scandal rocks Australian politics – Reuters

In some instances, Morrison made himself co-minister without informing the cabinet members he had already appointed to those positions. By AFP Published: Mon 15 Aug 2022, 10:51 Revelations that Australia’s former prime minister secretly appointed himself to several cabinet posts during the pandemic sparked a political firestorm on Monday, with …

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“Made in UAE”: steel, driving the market – News

Bharat Bhatia, CEO of Conares Published: Mon 15 August 2022, 00:00 The conglomerate is the perfect partner to meet growing global infrastructure demands The Indian community has contributed immensely to the progress and prosperity of the UAE, said Bharat Bhatia, CEO of Conares, the second largest private steelmaker in the …

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Sharjah to host International Forum on Government Communications on September 28-29 – News

The forum’s two-day program will highlight the importance of designing government communication Published: Sun 14 August 2022, 14:48 The 11th edition of the International Government Communications Forum (IGCF) will take place on September 28-29 at the Expo Center Sharjah. Organized under the patronage of His Highness Sheikh Dr Sultan bin …

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Iraqi factions call for new government amid rival protests – News

Thousands of Sadr supporters pray outside parliament to show support for populist leader A supporter of Iraqi Shiite cleric Muqtada Sadr carries his portrait after Friday prayers outside the parliament building in the green zone of the capital Baghdad. —AFP By Reuters Published: Fri 12 August 2022, 20:28 Rival Iraqi …

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Barceló Hotel Group opens a 5-star hotel in Jakarta

Located in the heart of Jakarta and Designed by prestigious architect Bill Bensley, The Orient Jakarta, a Royal Hideaway Hotel infuses local culture and heritage into unique interiors. Hotel Barcelo Band opens its latest 5-star hotel in Jakarta, Indonesia – The Orient Jakarta, a Royal Hideaway Hotel. Located in Jakarta’s …

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Ajman records 13% growth in certificates of origin in the first half

The Ajman Chamber of Commerce and Industry (ACCI) issued 19,008 certificates of origin worth more than AED4.3 billion ($1.17 billion) in the first half of 2022, compared to 16,768 certificates worth AED4.1 billion issued in the first half of 2021, with a growth rate of 13%. Abdullah Al Muwaiji, Chairman …

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UAE Health Tech Market Driven by Changing Consumers

July 2022 | UAE News E-pharmaceutical players in the UAE are opting for mobile apps which saw around 3.2 million orders in 2021.Teleconsultation companies in the UAE offer the convenience and flexibility of video calls to doctors who had AED79.4 million in 2021.Malaffi, a public-private collaboration, became operational in 2019 …

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Sharjah’s new four-day working week has improved government performance and reduced accidents by 40%, study finds

During its meeting, the SEC discussed several government issues on the agenda and reviewed the progress of work in numerous sectors and development projects in various cities and regions of the emirate. Council was briefed on the study assessing the application of the new weekly working system in Sharjah government …

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Venu Gopal is appointed General Manager of the soon-to-be-launched Courtyard by Marriott Tiruchirappalli

Venu Gopal joins the brand new Courtyard by Marriott in Tiruchirappalli as General Manager. With abundant knowledge and nearly 22 years of diverse experience in the hospitality industry, Venu Gopal is poised to take the lead as the premier international hotel brand in Trichy. He will lead real estate operations …

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Coronavirus: Hong Kong reduces Covid-19 hotel quarantine to 3 days for arrivals – News

City health officials warn infections could reach 8,000 in coming weeks By AP Published: Mon 8 August 2022, 08:07 Last update: Mon 8 August 2022, 08:41 Hong Kong will reduce the length of the mandatory hotel quarantine for arrivals from overseas to three days a week, the city leader said …

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Kuwait’s Alghanim Industries eyes IPO – News

The family business formerly known as Kutayba Alghanim Group operates in sectors including building materials, retail, automotive and financial services. Alghanim owns the franchise rights for Chevrolet and Cadillac, Honda and Lotus, Ford and Lincoln, among other car brands. — File photo By Reuters Published: Sun, August 7, 2022, 5:00 …

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Dubai-based real estate agent sells iconic UAE hotel for 810 million dirhams – News

Real estate consultant Andrew Love completes sale of Ras Al Khaimah’s iconic DoubleTree by Hilton Resort and Spa Marjan Island Pictures are provided Published: Fri 5 August 2022, 15:00 Last update: Fri, August 5, 2022, 10:17 PM It’s official. The iconic DoubleTree by Hilton Resort and Spa Marjan Island in …

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Global consultancy Prophet sets up shop in Dubai as GCC market shows momentum – News

Saudi Aramco, Qatar Media City, First Abu Dhabi Bank, Metlife, MiSK Foundation, Ora Developers and Kitopi are among the company’s clients. The Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia. Published: Wed 3 Aug 2022, 4:41 PM Prophet, one of the world’s leading business growth …

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Stronger new business recovery boosts production growth in July – News

Promising underlying demand was supported by promotional efforts as companies ramped up production, stepped up purchases of inputs and hired additional workers as windfall deals piled up. The Arab world’s second-largest economy, which grew 3.8% in 2021, is expected to grow 5.4% and 4.2% in 2022 and 2023, respectively. — …

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Al Barghouti appointed regional director of Dragos

Dragos, an American cybersecurity company for industrial control systems (ICS) and operational technology (OT) environments, has appointed Omar Al Barghouthi as regional director, Middle East. Al Barghouthi will be responsible for the regional growth of Dragos, its network of partners and the consolidation of the company’s role in providing security …

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Set up your business with DUQE in an enticing offer in Dubai’s OOH scene | INSITE OOH multimedia platform

Make a name for yourself in Dubai, the global startup hub, and grow your business internationally with DUQE’s OOH campaign in Dubai. Since Dubai is the center of entrepreneurship and cutting-edge ideas where the quality of life is second to none, DUQE invites people to start their business with them …

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UAE auto market shifts gears, posting 9.3% growth in H1 – News

SUVs continue to dominate the UAE market, accounting for 50.5% of sales in the first half The UAE automotive market has shown signs of recovery with promising sales across the board after plummeting in 2020 during the Covid-19 pandemic. — File photo Published: Tue, Aug 2, 2022, 6:58 PM The …

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Etihad Rail set to accelerate growth in UAE real estate market – News

Connecting the seven emirates from the Saudi border to the Oman border, the Etihad Rail is an integral part of the UAE rail program. It is expected to be the catalyst for the growth of real estate markets in the emirates. The proposed connectivity with GCC countries will also benefit …

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The Government of the United Arab Emirates is ready for a complete digital transformation – News

The strategy announced earlier this year aims to double the contribution of the digital economy to the country’s GDP Published: Tue, August 2, 2022, 12:20 AM The UAE government is ready for a full digital transformation, with a new federal committee announced on Monday. Approved by the UAE Cabinet, the …

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Mashreq goes beyond banking with the launch of Mashreq Business Banking Value Added Services

Launch of the Mashreq Business Banking Value Added Services platform with ten non-banking service providers Platform users receive discounts for a suite of human resources, office space, cloud providers and other non-banking services Dubai, United Arab Emirates: Mashreq, one of the leading financial institutions in the United Arab Emirates, has …

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