Business & Money | Friday 23 February, 2024 4:28 am

EDGE Group and Shipbuilding Giant Fincantieri Launch Multi-Billion Euro Joint Venture

EDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, have entered into an agreement aimed at creating a joint venture (JV) to capitalise on global shipbuilding opportunities with a focus on the...

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Technology & IT | Friday 23 February, 2024 4:06 am

Kaspersky and Favoriot to boost Internet of Things protection with a Cyber Immune solution

Internet of Things (IoT) devices include wearables, smart home appliances, smart city systems, self-driving cars, automated retail checkouts, and other smart devices for home and business use. Cybercriminals infect smart devices to conduct attacks or as a proxy for other types of malicious actions. ...

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Cars & Autos | Thursday 22 February, 2024 1:34 pm

Lucid’s Q4 revenue below estimates, raises production target in 2024

Lucid Group reported quarterly losses as revenue declined due to weak consumer demand for electric vehicles (EVs) but expects production to increase to 9,000 EVs in 2024.   The American EV maker's business results showed a net loss of...

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Business & Money | Thursday 22 February, 2024 1:32 pm

in5 start-ups record 25% funding growth in 2023

TECOM Group's incubator “in5” has reported remarkable growth in 2023, with funding raised by start-ups since its inception increasing by 25 percent during the year. This represents a testament to Dubai’s entrepreneurial credentials and robust investor confidence in the city’s pro-business...

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Government | Thursday 22 February, 2024 1:28 pm

Mohammed bin Rashid visits Emirates NBD headquarters on occasion of bank’s 60th anniversary celebrations

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today visited the headquarters of Emirates NBD on the occasion of the bank’s 60th anniversary celebrations.His Highness Sheikh Mohammed was accompanied on his visit by H.H. Sheikh...

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Business & Money | Thursday 22 February, 2024 1:25 pm

Emirates Islamic holds its 48th General Assembly Meeting

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, held its forty-eighth General Assembly Meeting, on 21st February 2024.Hesham Abdulla Al Qassim, Chairman of Emirates Islamic, and Vice Chairman and Managing Director of Emirates NBD, presented a comprehensive review of...

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Business & Money | Thursday 22 February, 2024 1:22 pm

KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities and Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, is set to transfer the management of approximately 750,000 square metres of its built up assets to KEZAD Assets Management...

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Business & Money | Thursday 22 February, 2024 1:18 pm

Emirates NBD holds its 17th General Assembly Meeting

Emirates NBD (DFM: EmiratesNBD), a leading banking group in the MENAT (Middle East, North Africa and Turkiye) region, held its 17th General Assembly Meeting on 21 February 2024.At the General Assembly Meeting, a review of the Group’s performance during 2023 was presented. Commenting on the...

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Sports | Thursday 22 February, 2024 11:15 am

Gatorade® 5v5 Tournament returns to the UAE to recruit the next generation of football talent

- The tournament will see twelve of the UAE’s best youth players travel to the United Kingdom and compete against international teams in partnership with UEFA Champions League  United Arab Emirates – The Gatorade® 5v5 football tournament is set to return to the United Arab Emirates...

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Business & Money | Thursday 22 February, 2024 1:45 am

RAKEZ recognised as ‘Best Special Economic Zone’ in GCC

Ras Al Khaimah Economic Zone (RAKEZ) was awarded the ‘Best Special Economic Zone (SEZ)’ during the Annual India GCC Achievers Awards 2024, organised by the Indian Economic Trade Organization (IETO) in New Delhi, India. This esteemed accolade celebrates RAKEZ’s exceptional support to Indian...

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