Crescent Enterprises joins World Economic Forum’s EDISON Alliance to champion inclusive access to digital services in MENA

Crescent Enterprises joins World Economic Forum’s EDISON Alliance to champion inclusive access to digital services in MENA

Dubai, United Arab Emirates:( AETOSWire) Crescent Enterprises has joined the World Economic Forum’s EDISON Alliance (Essential Digital Infrastructure and Services Network) to help foster affordable and accessible digital opportunities for everyone by 2025. The company is amongst the first from the MENA region to join the global movement to prioritize digital inclusion as foundational to the achievement of the UN Sustainable Development Goals. Badr Jafar, CEO of Crescent Enterprises has been appointed as Champion of the Alliance, whereby he will be working alongside senior government officials to industry leaders, including…

Middle East Energy Dubai generated over AED18 billion of business in 2020

معرض الشرق الأوسط للطاقة في دبي يحقق أكثر من 18 مليار درهم

Registration now open for Middle East Energy Dubai 2021 Live and in-person physical event to take place at Dubai World Trade Centre from 14-16 June Online conference series to begin on the 17th May and run for four weeks  Middle East Energy Dubai, the leading global energy industry event formerly known as Middle East Electricity, has revealed the 2020 edition of the show generated more than AED18 billion worth of business during the three-day showcase, as registration for the 2021 event goes live today. Held under the patronage of HH…

Cedar Rose Rolls Out its Full Range of Credit Risk Management Services in the GCC

خدمات إدارة مخاطر الائتمان في دول مجلس التعاون الخليجي

Cedar Rose has announced the launch of its comprehensive range of award-winning Credit Risk Management tools and services across the GCC. With a strong global presence Cedar Rose has been at the forefront of providing world-class business intelligence and credit risk solutions in over 230 countries to leading firms since 1997. Now to support its growth in the GCC and serve its clients better in the region, the company has stepped up its operations with an expanded facility in Dubai. Antoun Massaad, the Co-Founder and CEO of Cedar Rose, stated,…

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months

منصة استثمارية لـ”لوتاه لتطوير العقارات” تتلقى 3,000 استفساراً

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months Surge in interest reflects a robust demand for property investment in the UAE, especially from first-time investors Real Share platform allows local and international investors to invest as low as AED5,000, with annual returns ranging from 6 to 9 per cent* The fractional ownership platform of Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers, has received over 3,000 enquiries since its launch in December, indicating a robust demand for property…

Pearl Initiative and NAMA Women host panel discussion in celebration of International Women’s Day, discussing how organisations can support women’s advancement in the workplace

Pearl Initiative and NAMA Women host panel discussion in celebration of International Women’s Day, discussing how organisations can support women’s advancement in the workplace

Sharjah, United Arab Emirates,  (AETOSWire):  In celebration of International Women’s Day, the Pearl Initiative, a leading Gulf business-led non-profit organisation promoting a corporate culture of accountability and transparency, in collaboration with NAMA Women Advancement Establishment (NAMA), hosted a webinar recently to discuss the role of women in the workplace, and examine how organisations can increase diversity representation and create an enabling environment to support women, which is a key pillar of the Gulf region’s long term vision. Her Excellency Reem BinKaram, Director of NAMA Women Advancement Establishment (NAMA), keynote speech…

ME spend on international leisure travel to exceed pre-COVID levels by 10% in 2024

YouGov and Tourism Economics survey for ATM 2021 says 47% of total 2019 ME travel spend went on international leisure trips 37% of total ME travel budget was spent on domestic leisure travel in 2019, which will be exceeded this year Domestic & short-haul travel will lead the recovery According to a recent YouGov survey, commissioned by Reed Exhibitions, the organiser of Arabian Travel Market (ATM) 2021, the amount of money that Middle East travellers spend on international leisure travel, will begin to exceed 2019 pre-COVID levels, in as little…

Volvo Cars to be fully electric by 2030

Volvo Cars to be fully electric by 2030

Al-Futtaim’s Trading Enterprises – Volvo announced today Volvo Cars commitment to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030. By then, the company intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. The company’s transition towards becoming a fully electric car maker is part of its ambitious climate plan, which seeks to consistently reduce the life cycle carbon footprint per car through concrete…

Provence (South of France region) is boosting efforts

منطقة البروفانس (جنوب فرنسا) تعزز جهودها لتطوير التعاون الثنائي

Provence (South of France region) is boosting efforts to develop bilateral cooperation with economic stakeholders in the Middle East Part of the economic dialogue between France and the United Arab Emirates Keynote speech from Port of Marseille-Fos during the UAE-France Business days  As part of the UAE-France Business Days that will be held from 22 to 24 March to strengthen trade links between the United Arab Emirates and France, Aix-Marseille-Provence – the #2 French metro area – will promote its advantages to economic stakeholders in the Middle East. In the…

Saudi banks have thrived rather than survived ; a dynamic outlook for 2021

كي بي إم جي: توقعات باستمرار قوة أداء القطاع المصرفي

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021  KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding stable year, as compared to a shaky outlook in the corresponding period last year. KPMG reported that the 11 Tadawul-listed banks stayed resilient at the end of 31 December 2020 reflecting signs of recovery since uncertainties…