Increasing Consumer Demand for Social Shopping Experiences

Dubai, United Arab Emirates — The Covid-19 pandemic prompted massive growth of the e-commerce market, allowing consumers to purchase both basic needs and luxury items from the comfort and safety of home. As the world transitions from the pandemic, a return to the pre-pandemic in-person shopping trends is imminent. A consumer behaviour shift is already underway with shoppers seeking more social, experience-based setups – an uptick in shopping complexes that serve as both outlets for purchasing and opportunities to socialise with friends and families is already being noted. DJM Capital,…

MetricStream to Demonstrate How Business Leaders Can Proactively Manage Cyber Risks at CSIS 2022 in Dubai

DUBAI, United Arab Emirates —MetricStream, the global market leader of integrated risk management (IRM) and governance, risk, and compliance (GRC), will be speaking and exhibiting at the 3rd Cybersecurity Innovation Series (CSIS) in Dubai on September 6 and 7, 2022, demonstrating how business leaders can proactively protect their organizations from cyber risk. Sudeep Chatterjee, General Manager, Middle East, and India, MetricStream, will speak on the importance of Setting Up a 360-degree IT and Cyber Risk Management Process. He will elaborate on the current trends in cyber risk management, how modern…

Phosphorus Partners with CyberKnight to Expand xIoT Security to the Middle East and Africa

NASHVILLE, Tenn. — Phosphorus, the leading provider of advanced and full-scope security for the extended Internet of Things (xIoT), today announced a new distributor partnership for the Middle East and Africa (MEA) with CyberKnight, a leading cybersecurity value-added distributor for the region, in preparation for the official opening of the Phosphorus MEA office in Dubai on January 1st, 2023. The new partnership will see the two companies jointly delivering a new generation of xIoT security solutions for the MEA market. With the CyberKnight partnership, Phosphorus will significantly expand its global presence…

36,000 women won big with Mahzooz, scooping around AED 24,000,000 in prize money

36,000 سيدة يحصدن جوائز نقدية بلغت قيمتها حوالي 24 مليون درهم مع “محظوظ”

219 women among second prize winners of AED 1,000,000 Over 1200 ladies won the third prize at least twice 1KG of gold to be grabbed as part of this week’s Golden Summer draw United Arab Emirates, Dubai, 30 August 2022:  Mahzooz, the UAE leading weekly draw that has created 27 multi-millionaires and over 187,000 winners in a span of two years, records a strong participation trend among female entrants. To date, around 36,000 women, split between raffle draw, second and third tier grand draw winners, took home around AED 24,000,000…

CIBSE: 125-year-old association of building service professionals steps up sustainable transformations

CIBSE: 125-year-old association of building service professionals steps up sustainable transformations

in the Middle East Celebrating its 125th anniversary, the Chartered Institution of Building Services Engineers (CIBSE) outlined its regional priorities, which include sustainability, the advancement of best engineering practices, research and education, and honouring outstanding professionals CIBSE is celebrating its 125th anniversary Its regional chapter, CIBSE UAE, has revealed an ambitious road map Buildings’ sustainability in terms of service efficiency and net-zero emissions is in focus CIBSE UAE Awards to be held on 8th September Shortlisted entries for the awards have been announced August 31st, Dubai, UAE: The Chartered Institution of…

BEINGSHE HOSTS SHE TALKS AUGUST EDITION FOR GULF WOMEN IN FINANCE AND INSURANCE

BEINGSHE HOSTS SHE TALKS AUGUST EDITION FOR GULF WOMEN IN FINANCE AND INSURANCE

Gulf women in finance and insurance convened for the She Talks August edition on Friday, 26th at Sofitel Dubai Downtown. The conference and exhibition was attended by former heads of state, her highnesses, advisors to the royal family, C level executives and business owners from all over the UAE. Aparna Bajpai the founding CEO of BeingShe organization which was hosting the event explained that women should be more aware and educated about the different financial instruments available hence the importance of the conference. Eminent names in the finance and insurance…

BB Social Dining Opening Soon in Abu Dhabi

BB Social Dining Opening Soon in Abu Dhabi

Dubai, United Arab Emirates Over the past 5 years, BB Social Dining has expanded from its stellar location in fashionable DIFC to the trendy food halls of TimeOut Market and Depachika at Nakheel Mall. True to its core values of community, the home-grown concept is humbled to announce its opening in the capital city by the end of 2022. The venue is set to open its doors in the heart of Al Maryah Island, within the luxurious Rosewood Hotel. Its design will stay true to the DIFC mothership, inspired by contemporary European…

AM Best’s Annual Market Briefing on State of MENA (Re)Insurance Markets Returns to Dubai

LONDON — AM Best’s annual MENA Insurance Market Briefing will be held on 18 October 2022, at 9:00 a.m. (GST), at The Address Boulevard in Dubai to discuss the insurance and reinsurance markets of the region. The Middle East and North Africa (MENA) region’s (re)insurance markets can be characterised as highly competitive and fragmented. Economies across the region are highly sensitive to energy prices as well, with many having a high correlation between oil prices and GDP growth. AM Best in early 2022 revised its market segment outlook on the…

Inflation in Dubai and Europe

Dubai, United Arab Emirates — A toxic recession impeded global economic growth in 2022, as disadvantageous COVID-19 pandemic effects and the muddle of limited energy supplies were magnified by macropolitical uncertainty and red-hot inflation. This led to skyrocketing oil & gas prices in Europe. The continent was hit hard, as much of its energy supplies are imported from Russia. Given current EU & USA-led sanctions, no Russian goods can flow to Europe among other restrictions. Other regions were also impacted by inflation, including the United Arab Emirates. The nation witnessed…

AFC and Mizuho Bank sign MOU to Drive Sustainable Economic Growth in Africa & Asia

AFC and Mizuho Bank sign MOU to Drive Sustainable Economic Growth in Africa & Asia

TUNIS, Tunisia — Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest customer bases in Japan, have signed a Memorandum of Understanding to collaborate on project & infrastructure finance, trade finance and treasury to drive sustainable economic growth in Africa and Asia. This agreement was signed at the just concluded 8th Tokyo International Conference on African Development in Tunisia. Through this partnership, AFC and Mizuho Bank are committed to co-financing infrastructure projects in Africa across key…