META Cinema Forum 2021 gears up to address expectations that box office revenues in MENA will reach $1 bn by 2024

 يستعد منتدى سينما الشرق الأوسط وتركيا وأفريقيا 2021 لتلبية التوقعات

META Cinema Forum 2021 gears up to address expectations that box office revenues in MENA will reach $1 bn by 2024 Despite challenges posed by the COVID-19 pandemic and health and safety protocols, the cinema industry in the MENA region has grown against the backdrop of a steep decline in the global cinema industry News Highlights: MENA box office revenues to hit US$1 billion by 2024 – the highest in the industry’s history; Globally, the combined revenues in the box office industry plummeted by 71.5 percent to roughly $31 billion…

Transguard Group Announces Profitable Year-End Results Despite Severe Pandemic Challenges

Transguard Group Announces Profitable Year-End Results Despite Severe Pandemic Challenges

Dubai, United Arab Emirates,  (AETOSWire): Transguard Group has today announced a profit of AED 32.1 million and revenue of AED 1.87 billion for FY 20/21; the UAE’s leading business solutions provider also revealed AED 2.1 billion in new and renewed business. “In a year otherwise dominated by uncertainty and prediction-defying challenges, Transguard reliably provided insightful solutions and best-in-class client support,” explained Greg Ward, Managing Director, Transguard Group. “Our innate ability to adapt to this new business landscape was key in achieving a strong end to a difficult year.” One of…

Euromonitor webinar assesses prospects for global travel and tourism

يورومونيتور إنترناشيونال تقيم ندوة عبر الإنترنت

 Euromonitor International – the leading market research firm – will host a webinar with WTM Global to discuss the prospects for the global travel and tourism market. Called ‘Travel Industry Update with Euromonitor 2021’, the webinar will feature Caroline Bremner, Head of Travel and Tourism Research at Euromonitor International. The virtual event will take place on 25th March, 2021, starting at 6pm GST (2pm GMT) on WTM Global Hub [www.hub.wtm.com] With almost 25 years of experience at Euromonitor International, Bremner is a regular commentator on trends for World Travel Market. She…

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…

Dubai Customs and JAFZA sign e-commerce cooperation agreement

جمارك دبي توقع اتفاق تعاون مع جافزا

Within their efforts to boost the role of Dubai and the UAE e-commerce on the global stage, Dubai Customs signed an agreement with Jebel Ali Free Zone (JAFZA) that enables JAFZA enjoy all the services and benefits Dubai Customs provides through its cross border e-commerce platform. The innovative platform utilizes block chain technology to integrate and automate operations between Customs, Free Zones, logistics, and courier companies. It is the first of its kind in the region, and it aims to help the emirate become a global hub for e-commerce, and…

Women carving a niche in telecoms at Virgin Mobile KSA

Virgin Mobile KSA driving gender diversity and inclusion in the Middle East [Riyadh, Saudi Arabia], 09 March, 2021: In celebration of International Women’s Day, Virgin Mobile Middle East & Africa has announced that it has achieved its gender diversity and inclusion targets for the Middle East, with 40% of the total workforce in 2020 being made up of women, and 25% of leadership positions in the business being held by women. According to a report by GSMA, 70% of telecoms companies globally have proportionately fewer women in their workforce than…

E-Tailing to dominate Middle East’s retail industry with the annual online sale

 expected to cross US$50 billion in 2022 Dubai CommerCity is providing an e-commerce ecosystem that can support small businesses, where you will get relevant support needed to do your business online and strategy consulting guidance on e-commerce regulations in the region. Zebra Technologies’ shopper study report shows that 65% prefer shopping with online retailers that also have a brick-and-mortar location and 76% prefer retailers that offer easy returns Online sale in the Middle East and North Africa (MENA) region is now expected to exceed US$50 billion by the end of 2022, up…

‘Samana Developers’ Begins Handover of Dh75 Million Greens Project

“سمانا للتطوير العقاري” تشرع في تسليم مشروع جرينز البالغ قيمته 75 مليون درهم

Marwan Bin Ghalita, CEO, RERA, Lauds Samana DUBAI, United Arab Emirates, February 17, 2021: Samana Developers has begun handover of first keys to tenants at Dh75 million Samana Greens residential project at Arjan, near iconic Dubai Miracle Garden, the world’s largest natural flowers garden in Arjan, Dubailand District. Samana was awarded the Building Completion Certificate (BCC) last month by Dubai Development Authority. The handover ceremony was chaired and inaugurated by His Excellency Marwan Bin Ghalita, Chief Executive Officer of Dubai’s Real Estate Regulatory Authority (RERA), along with high officials from RERA…

46% of Middle East luxury travellers plan to holiday abroad in 2021, says YouGov survey

46% of Middle East luxury travellers plan to holiday abroad

Dedicated luxury event ILTM Arabia to be co-located with ATM 52% of luxury travellers in ME also keen to take a staycation The latest data analysis produced by YouGov for Reed Exhibitions, the organiser of Arabian Travel Market (ATM), has revealed that 46% of luxury travellers in the Middle East, are planning to travel internationally at some stage during 2021. The survey also asked the same recipients if they were planning to take a domestic holiday or staycation during 2021 and more than half (52%) of the respondents confirmed that…

Al Majid Motors announces the arrival of Kia Sorento 2021

Al Majid Motors announces the arrival of Kia Sorento 2021

Al Majid Motors, the sole distributor of Kia passenger and commercial vehicles in the UAE, has announced the arrival of Kia’s fourth generation flagship SUV, Kia Sorento 2021, across its showrooms. The Sorento 2021 is a carefully engineered, powerful blend of technical and automotive features aimed at realising the family-friendly practicality. The first vehicle to be based on Kia’s new-generation midsize SUV platform, the Sorento is roomy, with enough cargo space and passage. Its redefined exteriors and attractive interiors set the new variant apart and a class above. This seven-seater,…