OQ Oman s global integrated energy group has posted a robust net profit of OMR970 million ( 2.52 billion) for 2023 on the back of OMR13.7 billion in revenue and EBITDA of OMR1.975 billion. This outstanding...

Proofpoint a leader in people-centric cybersecurity has identified multiple YouTube channels distributing malware by promoting cracked and pirated video games and related content. The activity likely targets...

Abu Dhabi-based Investcorp Capital an investor in private markets and provider of capital financing services in the alternative investments space said it has reached an agreement to invest in the redevelopment...

The Purchasing Managers Index (PMI) for UAE and Saudi Arabia dipped in March with the S&P Global for the UAE dipping to 56.9 from 57.1 in February and the Riyad Bank PMI survey for KSA at 57.0 down modestly...

SAP a market leader in enterprise application software has appointed Saquib Ahmad as Managing Director for its Bahrain Iraq Afghanistan and Pakistan operations. With close to 25 years experience in the...

Bahrain is expected to see positive economic growth of 3.5 per cent this year reported the Gulf Daily News our sister publication citing its Finance and National Economy Minister Shaikh Salman bin Khalifa...

An American University of Sharjah (AUS) research team has filed a provisional patent with the United States Patent and Trademark Office for a blockchain system they developed to improve the carbon credits...

Mindware one of the leading regional IT Value-Added Distributors in Middle East and Africa has announced the opening a new training centre situated in Dubai Silicon Oasis. The inception of the new centre...

Positive Technologies Expert Security Centre (PT ESC) has discovered a new cybergroup called Lazy Koala whose victims include organisations from Russia and six CIS countries with approximately 867 employee...

SC Ventures Standard Chartered s innovation fintech investment and ventures arm and NEXT176 the venture building and investment arm of Old Mutual have joined forces to launch an inclusive financial wellness...

e& has announced the launch of Wider Web for mobile device browsers coinciding with World Autism Awareness Day (April 2). The free-to-use browser extension caters for the needs of autistic users by offering...

Gulf Business Machines (GBM) an end-to-end digital solutions provider has announced the appointment of Bassam Rached as General Manager of Technology. In his new capacity Rached will helm the strategic...

Lunate a global alternative investment manager announced on Wednesday that one of its funds has acquired a 40% stake in Adnoc Oil Pipelines (AOP) a critical onshore and offshore midstream crude oil pipeline...

Daleel Mena s pioneering financial marketplace has successfully secured investments from Hambro Perks Spring Studios and Flat6Labs UAE Mena s seed and early-stage venture capital firm. Hambro Perks Spring...

First Abu Dhabi Bank (FAB) and Microsoft will collaborate in developing new AI-based banking capabilities under a strategic business partnership that they said will lead to the launch of an AI Innovation...

Life of Pi is set to dazzle UAE audiences at Etihad Arena Yas Island for a limited season from November 15-17 2024. Proactiv Entertainment has partnered up with the Department of Culture and Tourism Abu...