The Middle East is enjoying an important period of stability as oil prices, economic growth of 5.1% fuel the recovery out of COVID, said Crescent CEO.

The Middle East is enjoying an important period of stability as oil prices, economic growth of 5.1% fuel the recovery out of COVID, said Crescent CEO.

Sharjah, United Arab Emirates — The Middle East is enjoying an important period of political and economic stability with the regional economy buoyed by high oil process and economic growth, Majid Jafar, CEO of Crescent Petroleum, told business leaders gathered at the World Economic Forum in Davos on Thursday. Industrial production has improved, employment has begun rising, and tourism is recovering healthily from the effects of the pandemic, fueling healthy growth of up to 5.1% Jafar said. However, risks from the global economic situation, like high inflation and interest rates,…

Inaugural Zayed Sustainability Prize Forum highlights need for inclusive, unified climate action to build resilient communities

Inaugural Zayed Sustainability Prize Forum highlights need for inclusive, unified climate action to build resilient communities

Abu Dhabi, United Arab of Emirates — The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, yesterday welcomed government dignitaries, business leaders, the youth, international media and environmental activists for the Inaugural Zayed Sustainability Prize Forum at Abu Dhabi Sustainability Week 2023. Held under the theme ‘Raising Ambition, Progressing Inclusivity,’ the high-level conversations and panel discussions spotlighted the important multi-stakeholder action being taken to deliver practical solutions to climate and sustainability challenges. Speakers showcased the myriad social, economic, and environmental benefits being realised as a result of…

WEF: Importance of compliant solutions takes centrestage in discussion on financial inclusion.

WEF: Importance of compliant solutions takes centrestage in discussion on financial inclusion.

Davos, Switzerland, January 20, 2023: As the world’s leaders, social scientists and business community converge on this year’s World Economic Forum (WEF) Annual Meeting, the key theme of ‘Cooperation in a fragmented world’, has resonated with stakeholders of MENA’s financial services sector. UAE based LuLu Financial Holdings and Eastnets organized a special event around the role of fully compliant technologies in achieving financial inclusion. Mr. Adeeb Ahamed, Managing Director of LuLu Financial Holdings, said that co-opetition, or competition through collaboration requires the collective action of all stakeholders, including governments, fintechs…

CLUB APPAREL “VAT ON US” PROMOTION RETURNS FOR SEVEN DAYS THIS DUBAI SHOPPING FESTIVAL

ﻋرض ﺿرﯾﺑﺔ اﻟﻘﯾﻣﺔ اﻟﻣﺿﺎﻓﺔ ﻋﻠﯾﻧﺎ من كلوب أباريل ﯾﻧطﻠق ﻋﻠﻰ ﻣدار ﺳﺑﻌﺔ أﯾﺎم ﺧﻼل ﻣﮭرﺟﺎن دﺑﻲ ﻟﻠﺗﺳوق

–      Offer runs across Club Apparel brands and online at 6thstreet.com from 16-22 January Dubai, United Arab Emirates, 13 January 2023: The 28th edition of the Dubai Shopping Festival is in town until 29 January, for another packed season of unbeatable offers, mesmerising performances, iconic concerts, and much more. As part of the 28th edition of DSF, the shoppers’ favourite VAT on US promotion from Apparel Group is back, offering even greater value on top of DSF deals. For seven days, from 16 January to 22 January, shoppers buying any…

Saudi’s Ministry of Economy and Planning joins forces with UpLink to address food insecurity in arid climates

Saudi’s Ministry of Economy and Planning joins forces with UpLink to address food insecurity in arid climates

Davos, Switzerland — Saudi Arabia’s Ministry of Economy and Planning (MEP) in collaboration with UpLink today launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. MEP and UpLink, the World Economic Forum’s (WEF) open innovation platform, made the announcement at the Forums’ 2023 Annual Meeting in Davos as part of Saudi Arabia’s efforts to develop innovative solutions to the world’s most critical challenges, through collaboration and cooperation. The Food Ecosystems and Arid Climates Challenge is a global…

Corporate Tax Regime: How to Fuel Business Success in UAE Via Compliance

Corporate Tax Regime: How to Fuel Business Success in UAE Via Compliance

OP-ED Column Dubai, UAE, January 2023: Starting June 1, 2023, the UAE’s federal corporate tax on business profits will officially take effect. Businesses whose financial year begins on or after this date will be levied a standard tax rate of 9% for taxable profits exceeding AED 375,000. This is the first time that the UAE is imposing a corporate tax, a move that signals to the world that it is leaving no stone unturned to effectively compete globally through, amongst others, diversification of its sources of income away from oil…

Surgeon operates out rare breast tumour of football-size from Ethiopian medical tourist

Surgeon operates out rare breast tumour of football-size from Ethiopian medical tourist

The tumour which appeared as a small lump grew into a giant mass weighing one kilogram in less than two months   Sharjah: An Ethiopian tourist, who flew to Sharjah to treat a rapidly growing tumour in her breast, has finally heaved a sigh of relief after doctors here in a private hospital operated out the mass without affecting the shape of her body. The 46-year-old Ethiopian patient, Seblework Alemayehu Zeleke, was diagnosed with a rare and rapidly growing phyllodes tumour in her right breast. Phyllodes tumour occur very rarely in…

AMSA Healthcare Group launches its new Medical Centre and Kidney Care in Dubai, Deira

AMSA Healthcare Group launches its new Medical Centre and Kidney Care in Dubai, Deira

19th January 2023, Dubai, United Arab Emirates: The start of a new year has also been the achievement of a new milestone in the AMSA Healthcare Group. With the official launch of the AMSA Medical Centre and Kidney Care in Dubai on January 17, 2023, AMSA has expanded its brand of patient-centric and innovative healthcare to a new Multi-Specialty Clinic, Kidney Care Centre, and AMSA Pharmacy. The launch was inaugurated by the Director General, of Dubai Health Authority, Mr. Awadh Seghayer Al Ketbi. Patient comfort and Compassionate care is the…

Hytera Enhances New Generation H-Series DMR Two-way Radio with HP5 Models

Hytera Enhances New Generation H-Series DMR Two-way Radio with HP5 Models

SHENZHEN, China — Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, today released HP56X and HP50X portable two-way radios to further expand and strengthen its new generation of Digital Mobile Radio (DMR) portfolio. The HP5 models are developed to provide reliable voice communications for security, operations, technician, and maintenance teams at office buildings, stadiums, industrial parks, school campuses, hospitals, etc. H-Series, including portable radios, mobile radios, and repeaters, is designed and developed on new hardware and software platforms. Hytera began the introduction of its next-generation H-Series DMR…

Simone Inzaghi: “Thank you Saudi Arabia for hosting the Italian Super Cup match”… Stefano Pioli: “We must work better to raise the bar”

Simone Inzaghi: “Thank you Saudi Arabia for hosting the Italian Super Cup match”… Stefano Pioli: “We must work better to raise the bar”

Riyadh, Saudi Arabia — A press conference was held after the Italian Super Cup last night, between AC Milan and Inter Milan, staged at King Fahd Stadium in Riyadh at 10:00pm (local time), brought by Saudi Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season. Inter Milan coach Simone Inzaghi thanked Saudi Arabia for hosting the Italian Super Cup. He said: “Saudi Arabia is a friendly country, which made me and the team enjoy the time we spent here. I have many friends in the Kingdom,…