Al-Futtaim’s Trading Enterprises Honda reports successful H1 sales

هوندا التابعة لمجموعة الفطيم تحقق نجاحاً لافتاً في مستوى مبيعاتها

Al-Futtaim’s Trading Enterprises Honda reports successful H1 sales Honda reported promising first half sales in the UAE in the first six months of 2021 Al-Futtaim’s Trading Enterprises Honda reveals an increase in sales across vehicle, marine engine and power products compared with same period in 2020 and 2019 Al-Futtaim’s Trading Enterprises, the official distributor of Honda in the UAE, announced today an encouraging 75% increase in new Honda car sales in H1 compared with the same period in 2020, and on par with H1 2019. Bestselling vehicles were the powerful,…

Emirates Integrated Telecommunications Company reports Q2 2021 results

شركة الإمارات للاتصالات المتكاملة تعلن عن نتائجها المالية للربع الثاني من العام 2021

Emirates Integrated Telecommunications Company reports Q2 2021 results Revenues are up 7 % on strong demand for 5G handsets and broadband services EBITDA grew 7.3% through cost saving initiatives and lower provisions Net profit jumped 11.4% to AED 240 million The Board of Directors approved an interim dividend of AED 0.10 per share  Emirates Integrated Telecommunications Company PJSC (“EITC”) published its financial results for the second quarter of 2021. It reported: (i) revenues of AED 2,855 million, a 7% increase year-on-year, (ii) an EBITDA of AED 1,130 million, a 7.3%…

In-restaurant dining records strong recovery in UAE, reports Network International

“نتورك إنترناشيونال” تسجل انتعاشاً قوياً في معدلات إنفاق المستهلكين

In-restaurant dining records strong recovery in UAE, reports Network International Dine-in spending returns to pre-lockdown levels Quick Bites restaurant category records most growth Cafés, European and Middle Eastern outlets see most spending in Q1 2021 The UAE’s restaurant industry has achieved close to the same total of dine-in spending in the first three months of 2021 as it did during the same period last year, according to Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA). Network is the UAE’s largest merchant acquirer and…

Arab Bank Group reports first quarter 2021

Arab Bank Group reports first quarter 2021

Arab Bank Group reports first quarter 2021 net profit of $128.3 million Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of 2021. Oman Arab Bank has also recently finalized the acquisition of Al Izz Islamic Bank, a full-fledged Islamic bank, accordingly strengthening its presence in the Sultanate of Oman, in line with Arab Bank’s strategy to reinforce its business in the Gulf region. The consolidation of Oman Arab Bank under the Group accounts has materially increased the size of…

MMA invites The National Bank of Ras Al Khaimah

دفع عجلة التحوّل الرقمي في التسويق عبر الأجهزة الجوّالة

MMA invites The National Bank of Ras Al Khaimah to become the first bank in the UAE to join as a board member to accelerate its Digital Transformation in Mobile Banking The National Bank of Ras Al Khaimah, RAKBANK, an innovator and leader in the mobile marketing space, joins the Mobile Marketing Association as one of the local players in the modern marketing scene and is set to play a major role in driving the MMA MENA’s strategic direction during their one-year tenure as a board member and aim to…

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,…

UAE’s University of Wollongong in Dubai to give students looking for international degrees ‘The Edge’ in the global pursuit for future-ready skills

UAE’s University of Wollongong in Dubai to give students looking for international degrees ‘The Edge’ in the global pursuit for future-ready skills

Launches the Middle East’s first innovative Career Readiness Program involving mentorship from six world-class business experts Added benefits to international students include free COVID-19 vaccinations, option to sponsor family members and preparation to join a global business environment after graduation The Edge combines cutting-edge tools and hands-on mentoring from a team of international experts who use scientific assessment to take students from classroom to boardroom Program available to all newly enrolled first-year students at UOWD at no additional cost The 12-month program requires an investment of only 30 hours and…

DIALES HAVE LAUNCHED NEW SERVICE – ARABIC LITIGATION TECHNICAL SUPPORT

DIALES HAVE LAUNCHED NEW SERVICE – ARABIC LITIGATION TECHNICAL SUPPORT

Dubai, United Arab Emirates,  (AETOSWire): Diales have announced the launch of a new market offering for Middle East-based clients requiring litigation technical support in Arabic. Diales, one of the leading global specialists in Expert Witness services, has established a unique in-house team of Arabic-speaking technical experts, who are able to assist clients in the submission of complex technical matters to local courts across the GCC region, and in the presentation of the case in court. Mahmoud Abougabal has been put in charge of the newest service stream. Mahmoud is a…

Organisations view procurement as increasingly strategic IPG-JAGGAER survey identifies steady overall progress but also a “Covid-19” effect

Organisations view procurement as increasingly strategic

Procurement remains heavily weighted towards operational as opposed to strategic functions, but the latest survey conducted by Swiss-based innovation consultancy IPG Group and leading spend management technology company JAGGAER has identified an ongoing shift towards the strategic. Between July and October 2020 Chief Procurement Officers, Directors of Procurement and other senior executive-level decision makers participated in the 2020 Procurement Performance Excellence (PPE) Survey. The PPE method is based on a proven approach that was developed by IPG in the early 2000s and regularly adapted to the changing best practices in…

Trend Micro updated its blog saying vulnerabilities discovered in SHAREit

SINGAPORE, Feb. 25, 2021 /PRNewswire/ — SHAREit today issued a statement regarding Trend Micro‘s updates on its earlier reports, which says they have acknowledged that the vulnerabilities discovered earlier in the SHAREit app have been fixed. The report had pointed out potential security vulnerabilities in the SHAREit app earlier. SHAREit became aware of it and responded promptly to investigate the report. After that, SHAREit released a patch to address the alleged vulnerabilities. (Trend Micro website screenshot) The company is pleased to share that after conducting relevant checks, the Trend Micro research team has acknowledged…