Our collection of Business News & Insights articles includes some of the latest features from UAE, Africa, and Middle East news. Including interviews and in-depth features on businesses, here we offer insights and news into the world of business.
Microsoft today announced that a global digital-skilling initiative launched in partnership with LinkedIn has allowed more than a quarter million people in the United Arab Emirates to acquire digital skills during the COVID-19 crisis. Read more
The Raxio Group (“Raxio”), a premier pan-African data centre developer and operator, and Meridiam, a global developer, asset and fund manager specialising in sustainable infrastructure and energy transition projects today announced a partnership to deploy a network of data centres across the African continent. Under this agreement, Meridiam will invest $48 million to support the continued deployment of data centres in Africa, where both Raxio and Meridiam already have strong local presence. Meridiam’s investment is made alongside Raxio’s founding equity partner, Roha Group who established Raxio in 2018, and has been funding the company since inception. Read more
In the first quarter of 2021, the COVID-19 pandemic is still wreaking havoc around the globe. The coronavirus is continuously evolving and presenting new challenges.
In addition to the direct effects of the COVID-19 pandemic, we also saw a sharp rise in cybercriminal activity. From simple phishing attacks to one of the largest DDoS attacks ever recorded, we saw the cyber threat landscape evolve and grow.
The Saudi Industrial Development Fund (SIDF), Saudi Arabia's main financial enabler for its industrial transformation, has approved 212 loans that amounted to USD 4.5 billion in 2020 for 201 companies in the fields of industry, mining, energy, and logistic services. The approved loans covered different tiers, out of which 84% of total loans were dedicated to SMEs, ensuring the fund's strong continuous support to the key contributors of the economic growth in the Kingdom. Read more
The recent boom in telemedicine is here to stay, according to TrueProfile.io, a leading provider of Primary Source Verification (PSV) services, which has seen a 400% increase in telemedicine enquiries from all over the world during the last quarter alone.
Al Hamra, the leading real estate developer, services provider and investment company in the Northern Emirates, has recorded strong investor response for its residence visa and business licence package, whereby those who purchase ready-to-move-in homes in its communities will receive a 12-year residency visa and business licence. Read more
The number of women holding senior leadership positions in mid-market businesses globally has hit 31% despite the COVID-19 pandemic affecting economies around the world, according to Grant Thornton’s annual Women in Business report.
The real estate sector has experienced a dramatic change in recent years. In many scenarios challenges remain – yet increasingly there are also significant opportunities. Making sure your real estate decisions are based on sound advice and support has never been more important. Throughout the pandemic, Range’s agile approach established them as the clear choice for all real estate requirements. Range Managing Partner, Lester Verma, explains how they weathered the COVID19 storm.
Sovereign Middle East, one of the largest independent corporate and trust service providers in the world, today announced changes to the boards of its Dubai, Bahrain and Saudi Arabia offices that are designed to deliver a focus on growth in the region and to meet the high level of business generation that this entails. Read more
The joint organisers of MRO Middle East & Aircraft Interiors Middle East (AIME), Aviation Week Network/Informa and Tarsus Group, today announced new dates for the region’s premier Interiors, Maintenance, Repair and Overhaul exhibition, that will now take place from 15th - 16th June 2021 at DWTC, Dubai. Read more
Saudi Arabia’s efforts to boost airport capacity as part of a broader bid to make tourism and logistics new engines of growth, are mapped out in a new Covid Response Report (CRR), prepared by the Oxford Business Group (OBG) in partnership with Saudi Ground Services (SGS). Read more
Tonic Worldwide, a UAE based digital first creative agency and GIPSI have released a report and identified five factors highlighting the positive sentiments of 2021 for UAE. These factors cover economy, healthcare, tourism, women and celebrations. The report highlights how UAE has won hearts and enjoyed positive sentiment not only from Emiratis but also from global audiences. Read more