Cyber insurance shapes the future of cybersecurity
Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...Business Opinion Tech & Media
Potential investors value Telegram at $30bn, says co-founder Pavel Durov
MOSCOW, RUSSIA – The Telegram is valued by potential investors at more than US$30 billion, the co-founder of the social...Business Tech & Media
Opec+ to extend cuts in oil output into 2024 as prices flag
Vienna, Austria – OPEC+ has decided to adjust the level of overall crude oil production to 40.46 mb/d, starting 1...The United Arab Emirates will extend its voluntary cut of 144 thousand barrels per day until the end of December 2024
Opec+ pumps around 40 per cent of the world’s crude, meaning its policy decisions can have a major impact on oil prices
UAE’s FTA launches ‘platform’ to educate taxpayers on corporate tax
Abu Dhabi, UAE--The Federal Tax Authority (FTA) has launched what it dubs as a ‘Corporate Tax Virtual Workshops’ awareness platform,...The platform will feature educational materials, including 13 virtual awareness workshops in both Arabic and English about ‘registration for corporate tax’
The FTA has appealed to both private and public joint stock companies resident in the UAE to participate in the awareness workshops
Are ‘unethical’ PR tactics harming GCC journalism?
TRENDS investigation uncovers Media-Public Relations Nexus as PR companies in the region are found crossing ethical boundaries to secure favorable...TRENDS investigation reveals questionable practices by public relations companies in the Middle East that contribute to the decline in critical reportage in the region
Journalists disclose inducements from PR firms to secure favorable coverage for their clients; accuse them of blurring lines between editorial and sales, leading to ethical issues
Are ‘unethical’ PR tactics harming GCC journalism?
TRENDS investigation uncovers Media-Public Relations Nexus as PR companies in the region are found crossing ethical boundaries to secure favorable...TRENDS investigation reveals questionable practices by public relations companies in the Middle East that contribute to the decline in critical reportage in the region
Journalists disclose inducements from PR firms to secure favorable coverage for their clients; accuse them of blurring lines between editorial and sales, leading to ethical issues
Dubai Islamic Bank unveils digital banking services
Dubai, UAE - Dubai Islamic Bank launched DIB alt, a full-fledged digital umbrella brand to house all of the bank's...DIB ‘alt’ is a full-service transformative digital banking experience that is set to enhance the banking experience for DIB’s customers.
The platform brings together more than 135 digital services via the DIB Mobile App, Online Banking, WhatsApp, and ATMs.
TAQA Arabia’s shares listed on EGX
More than 1.35 billion shares of the energy distribution firm were listed.The shares, at a nominal value of Egyptian Pound 0.50 apiece, will be listed in Egypt Listed Securities.
From Sunday, TAQA Arabia’s shares shall be added to EGX database under the ticker symbol TAQA.CA, and it will be allocated in the utilities sector.
Sharjah Chamber concludes successful 5-day trade mission to India
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after...The trade mission visited New Delhi and Mumbai to discuss potential investment opportunities.
The business gatherings has served as an effective platform to discuss potential investment advantages.
Workshops on suspicious transactions in gold, precious stone sector in UAE
ABU DHABI, UAE - UAE Ministry of Economy organized two workshops, in Arabic and English, to promote the awareness of...The workshops made the traders and business owners aware of the necessity of reporting suspicious transactions to the Financial Intelligence Unit.
This will contribute to enhance the competitiveness of the gold sector and its development in line with international best practices.
Global Research Council re-elects Saudi Arabia as MENA region chair
Riyadh, Saudi Arabia--Saudi Arabia has been re-elected to represent the MENA region on the board of the Global Research Council...Dr. Munir Eldesouki's re-election to represent Saudi Arabia at the GRC reaffirms the kingdom's prominent position in the scientific and research fields
Saudi Arabia has played a key role in the GRC's work since its founding in 2012, including boosting cooperation between research funding institutions
EDB inks MoU with ADDED to enhance support for Financial Support Program
Abu Dhabi, UAE--Emirates Development Bank (EDB) has signed a memorandum of understanding (MoU) with the Abu Dhabi Department of Economic...The financing program aims to help Abu Dhabi-based companies to receive finance offers from a range of banks all at once
Emirates Development Bank can, according to its mandate, provide $8.16 billion in financing support to 13,500 companies by 2026
