Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Empower to host International District Cooling Conference 2016
Under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, and Chairman of Emirates Airlines & Group, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, is playing host to 7th ‘International District Cooling Conference 2016’, organised by International District Energy Association […]
Global Hedge Funds, Venture Capitalists and Private Equity Firms Converge on Dubai for AIM Summit 2016
(ME NewsWire): The St. Regis Hotel in Al Habtoor City opens its doors on November 1st to one of the region’s most exclusive audiences, restricted to CEOs, CIOs and senior decision makers collectively managing an estimated 10 trillion dollars in assets or more. The region’s largest event for hedge funds, private equity and venture capital […]
Ooredoo Wins 21 ‘Stevies’ Awards for Business Excellence
Ooredoo was awarded 21 International Business Awards (IBAs), the leading global recognition of company performance and best practices, as well as ‘The People’s Choice Award’ in the telecommunications category, at a high-profile ceremony held in Rome, Italy, this week. The International Business Awards, also known as the ‘Stevies’, honour the achievements and positive contributions of […]
DUBAI DESIGN WEEK OFFICIALLY OPENS AT d3
Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman, Dubai Culture in partnership with Dubai Design District (d3), and supported by Dubai Culture & Arts Authority, Dubai Design Week officially opened its doors to the public at d3 today. Dr. Amina Al Rustamani, Group Chief Executive Officer […]
UN approves Energy Efficiency Programme in the UAE
Dubai Carbon has jointly announced with the Dubai Supreme Council of Energy (DSCE) that it has reached a major milestone to incentivise retrofit markets in the entire UAE. The UN backed Programme of Activities (PoA) framework, launched during WETEX 2016, will enable ESCO type and efficient lighting projects to earn carbon credits once included as […]
Middle Eastern Mergers & Acquisitions reached US$37.4 billion during First 9 Months of 2016
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the quarterly investment banking analysis for the Middle East region. According to estimates from Thomson Reuters / Freeman Consulting, Middle Eastern investment banking fees reached US$580.7 million during the first nine months of 2016, an 11% increase compared to fees recorded […]
AdEmpower awarded contracts worth AED 465 million in 9 months of 2016
Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, signed 42 contracts worth AED 465 million in the first three quarters of 2016 with various companies to serve its expansion strategy in Dubai. HE Ahmad Bin Shafar, CEO of the company said the contracts included establishment, expansion and development of services, […]
Following the ‘Gold Rush’ Citigate International is on a Roadshow in KSA to Introduce New Investment Opportunities
Following the gold Rush’ Citigate International is on a Roadshow in KSA to Introduce New Investment Opportunities. Citigate International is on a two-week roadshow in Saudi Arabia targeting investors in Jeddah and Riyadh to promote Foreign Direct Investment (FDI) in mining and other natural resources in the Economic Community of West African States (ECOWAS). The […]
UAE strengthens position as regional hub for global pharmaceuticals manufacturing
The UAE can be a regional hub for global pharmaceuticals manufacturing, with innovation driving performance in the sector, the leaders of some of the world’s largest pharmaceutical companies heard at a briefing led by the UAE Government and supported by the Global Manufacturing and Industrialisation Summit (GMIS) – the world’s inaugural global gathering for the […]
Techmart Solutions – Official Analytics Partner for GITEX Technology Week
Techmart Solutions ME has partnered once again with GITEX Technology Week 2016 as the Official Analytics Partner to oversee data collection both onsite and online as well as provide strategic analysis with the aim of enhancing exhibitor and visitor experiences. “We are truly focused on the visitor experiences at the event and are dedicated […]
Lebanese Tech Startups Look to Dubai for Global Growth
Dubai offers Lebanese tech startups the opportunity to gain global exposure and investment at one of the world’s most influential technology events, GITEX Technology Week. According to a recent report by the UK Lebanon Tech Hub, significant investment is accelerating Lebanon’s USD 400 million knowledge economy, which could add 25,000 ICT jobs and contribute USD […]
Abu Dhabi Ports exhibits its latest digital services and solutions at GITEX Tech Week 2016
Abu Dhabi Ports is participating at GITEX Technology Week 2016 as part of the Abu Dhabi e-Government pavilion, along with other government entities to soft-launch its revolutionary Port Community System (PCS), Maqta Gateway, for the GITEX audience, and to showcase a few services of Maqta Gateway’s recently released Vessel Management System. During its participation at […]
Dubai’s Acacus Technologies Wins USD 100,000 First Prize in Intense GITEX Pitch Showdown
Judges at GITEX ‘Strut-Up’ Pitch Competition were impressed by the quality of innovation and drive of entrepreneurs who contended for USD 160,000 in prize money at one of the highlights of GITEX, the GITEX Global Startup Movement ‘Strut-up’ Pitch Competition. With four cash prizes on the line, competitors had just five intense minutes each to […]
Vice Mayor for Information Technology Affairs at Jeddah Municipality Highlights ICT innovations Role in Achieving 2030 Vision Targets
Held on the sidelines of the first day of the 36th GITEX Technology Week, Huawei First Middle East Innovation Day agenda included a panel discussion highlighted the role of ICT innovations in the fulfillment of national agendas in the region. Under the theme “Leading New ICT – Shape the Future”, industry leaders discussed the role of […]
Cisco and GBM to showcase versatility of Apple solutions at GITEX Technology Week 2016
Cisco announced that together with Gulf Business Machines (GBM), it will jointly showcase its solutions built around the Apple enterprise product portfolio at GITEX Technology Week 2016, being held at the Dubai World Trade Centre from October 16-20. As Cisco’s exclusive channel sponsor at GITEX, GBM will educate visitors on how Apple’s business strategy, consultancy […]
ITIDA supports participation of top 29 Egyptian firms at GITEX Technology Week 2016
The Information Technology Industry Development Agency (ITIDA) will sponsor for the 11th consecutive time the upcoming participation of 29 Egyptian companies at the 36th GITEX Technology Week, the latest edition of one of the world’s biggest information and communications technology (ICT) events. GITEX will take place from October 16 to 20, 2016 at the Dubai […]
GE announces strategic initiatives to drive Digital Transformation in Saudi Arabia
GE Saudi Arabia today announced the roll-out of new digital industrial partnerships, technologies and initiatives supporting the goals of the country’s economic diversification and enhanced industrial productivity as outlined in the Saudi Vision 2030 at its Minds + Machines Saudi Arabia 2016 event held at the GE Manufacturing & Technology Center (GEMTEC), 2nd Industrial City, […]
GE ushers in next era of advanced manufacturing in Saudi Arabia
GE today marked a significant milestone in its eight-decade-long presence in Saudi Arabia by officially opening Phase II of GE’s Manufacturing & Technology Center (GEMTEC) and announcing expanded capabilities including the ability to manufacture HA and F-class turbines at the facility. GE’s HA turbines are the world’s largest and most efficient, leading the industry in […]
TransSys to Showcase Oracle Cloud Solutions at GITEX Technology Week 2016
TransSys Solutions, a leading regional IT services and solution provider, announced its participation at the GITEX Technology Week 2016, to be held at the Dubai World Trade Center, from October 16-20, 2016. The company will be showcasing its cloud-based solutions and services portfolio that would offer significant value to organisations in the region. With a […]
Dubai Parks and Resorts selects CMCS’ PMWeb solution
CMCS, the leading in Project Management Information Systems, has announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, has deployed its PMWeb web-based project control system. The solution is a part of CMCS’ Project Management Information Solution Practice that offers organizations a single platform to manage, control and report on their […]
Panasonic to make perfect ‘BUSINESSENSE’ at GITEX 2016
Panasonic Marketing Middle East and Africa (PMMAF) will feature its innovative and future ready business solutions, at the GITEX Technology Week 2016 that is going to be held between October 16th-20th at Dubai World Trade Centre. The Japanese manufacturer will once again display path-breaking concepts, keeping in mind mega events like Expo2020 in Dubai, World […]