Alibaba Group Holding Limited (NYSE: BABA) today announced that one year from today, September 10, 2019, chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman…
The GSMA today announced that the 2019 Global Mobile Awards (GLOMO Awards) are now open for entry. The GLOMO Awards honour the greatest achievements and innovations across the mobile industry, with 42 awards presented over 10 categories. Entries for the…
I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund II at the $7 billion legal cap, exceeding an initial target of $5 billion. The fund received commitments from over 100 institutional investors with…
Gyeonggi Provincial Government and Gyeonggi Tourism Organization (GTO) are hosting an international video contest called “Beyond the Dream VLOG Contest 2018.” Video submissions will be accepted until August 26, 2018 (Korean Standard Time). The goal of the “Beyond the Dream VLOG Contest…
WeWork Companies (“WeWork”) today announced a $500 million Series B investment in WeWork China led by Trustbridge Partners (“Trustbridge”), Temasek, the SoftBank Group (“SoftBank”), the SoftBank Vision Fund (“Vision Fund”) and Hony Capital. This funding will accelerate WeWork’s growth in…
Neustar®, Inc., a trusted, neutral provider of real-time information services, today released two new cybersecurity reports, reconfirming the need to take action in the face of increasing cyber threats. Both reports, The International Cyber Benchmarks Index and The Changing Face…
The board of directors of Philip Morris International (NYSE:PM) is deeply saddened by the passing of Mr. Sergio Marchionne, an esteemed member of the board. We offer our condolences to his family and friends in this difficult time. As one of the most…
The Gulf region’s automation industry is on track for double digit growth over the next five years, as recovering oil prices and government economic diversification plans boost demand for industrial and building automation technologies, according to new research. A July…
H3 Dynamics Holdings announces the launch of H3 Zoom.AI, a new cloud-based and artificial intelligence enabled services platform that connects with camera drones to offer a safer, faster, and more accurate alternative to dangerous, difficult to reach, or mass-scale maintenance…
QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months period ended 30 June 2018. For the first half of 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up…
Nortal, a multinational strategic change and technology company, and Al Maskari Holding (AMH) signed a cooperation agreement in June 2018 to introduce in the United Arab Emirates Nortal’s unique experience in creating change in governments, as well as businesses, with…
From the next chapter in the growing EDITION legacy comes Ian Schrager’s latest visionary concept: The Bodrum EDITION. Schrager, in partnership with Marriott International, acts to redefine the contemporary luxury hotel experience with his expanding global influence. Bringing a new…
The Middle East Public Relations Association (MEPRA) today issued a call for entries for the 2018 MEPRA Awards, the communications industry’s most prestigious event, which celebrates and recognises the most creative and impactful practitioners in the Middle East. This year…
Hertz UAE, a part of the Al-Futtaim Automotive Group, launched a one-month-long lease promotion exclusively for five new Toyota models. The promotion offers individual and corporate customers a cost effective single stop solution to enjoy the benefits of driving a…
Sacoor Brothers is the new official fashion partner of the National Football Team of Portugal and The Portuguese Football Federation staff, becoming the formal fashion partner of the Portuguese delegation that traveled to Russia for the World Cup. The agreement…
The THeMIS unmanned ground vehicle (UGV) developed by Milrem Robotics has become the unmanned ground systems industries standard tracked UGV. During this year’s Eurosatory a record of four THeMIS UGVs will be displayed with three different applications. In just a…
The Abu Dhabi National Oil Company (ADNOC) today unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which…
The Roads and Transport Authority (RTA) in Dubai opens today, May 1st, 2018, the registration for the Dubai World Challenge for Self-Driving Transport through the website www.sdchallenge.com. HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors…
Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid Al Maktoum, AL KASIR JEWELLERY TRADING and AL KASIR PORTAL announced the launch of Diamond Trading on Blockchain with three Diamond-backed Blockchain-Assets. These Assets are stored in highly secure…
Notable UAE-based businessman and philanthropist, Dr. Bavaguthu Raghuram Shetty announced the creation of “Finablr”, a new holding company which, subject to regulatory approvals, will consolidate his global portfolio of financial services brands under one single umbrella. Incorporated in the UK,…
