DUBAI, UNITED ARAB EMIRATES: Apparel Group, the powerhouse of global fashion and lifestyle retail, has joined forces with Sandbox VR, the leading provider of premium virtual reality experiences. This significant franchise partnership is set to revolutionize the industry with the launch of 25 new locations across the Middle East. The collaboration is built on Apparel…
All posts tagged Middle East
Aukett Swanke announces disposal of interest in John R Harris & Partners
LONDON, UK: Aukett Swanke announced the disposal of its interest in John R Harris & Partners Limited, incorporated in Cyprus and operating out of the Middle East, to the local management team for a maximum consideration of AED 5.0 million (approximately £1,074,000). The consideration is to be settled by AED 4.25 million (approximately £913,000) in…
Tekmar Group wins $10mn contract in Middle East
LONDON, UK: Tekmar Group, a leading provider of technology and services for the global offshore energy markets, won a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million and is anticipated…
Zwipe partners with NetPS to bring Biometric Payment Cards to Africa and Middle East
OSLO, NORWAY: Zwipe and NetPS, part of dzcard Group and one of the main Moroccan Smart Card Personalization Bureaus, are partnering to bring Zwipe Pay ONE enabled biometric payment cards to banks across Africa and the Middle East. As part of this collaboration, both companies will work closely to promote the innovative Zwipe Pay ONE…
Oman Insurance launches a unique Middle East medical solution
DUBAI, UAE: In a bid to drastically simplify and improve access to health insurance for companies operating in the UAE and across the Middle East, Oman Insurance Company (DFM:OIC) has launched its Regional Insurance Medical Solution (RIMS). This new service, implemented in partnership with a leading third-party administrator MedNet and with four other regional insurers,…
Huawei appoints Steven Yi regional president for Middle East
DUBAI, UAE: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has announced the appointment of Steven Yi as President for the Middle East at Huawei. In his role, he will work with both regional and global ICT ecosystem partners towards Huawei’s vision to bring digital to every person, home,…
Huawei to invest $15mn in Middle East
DUBAI, UAE: Huawei plans to invest $15 million over the next three years in a newly unveiled HUAWEI CLOUD Oasis Program aimed at accelerating the development of technology enterprises and ecosystems in the Middle East. The HUAWEI CLOUD Oasis Program was launched during the second edition of the HUAWEI CLOUD Summit held virtually this year…
Wattle Health’s Uganic expands to the Middle East
SYDNEY: Wattle Health Australia Limited has entered into a License Agreement with Verdure Nutrition Supplements Trading LLC (VNS) for Wattle’s organic infant formula range, Uganic, for the Middle Eastern market. The Agreement is for a 10-yearperiod giving VNS exclusivity for Uganic for the Middle Eastern market with customary commercial terms and conditions in line with…
Huawei appoints new President for Cloud and AI Business Group in the Middle East
DUBAI: With demand in the region increasing for cloud and artificial intelligence (AI) technologies, Huawei—a leading global provider of information and communications technology (ICT) infrastructure and smart devices—has appointed a new regional president for its Cloud and AI Business Group as the company restructures its offerings in these fields. Mr. Li Shi assumes the role…
Axxis Geo Solutions completes OBN survey in the Middle East
LYSAKER: Axxis Geo Solutions ASA has announced the completion of both the primary and extended portions of its ocean-bottom nodes (OBN) project in the Middle East. The project was completed with strict adherence to COVID-19 safety guidelines and the crew is now demobilizing to the North Sea for previously announced work in late Q2. Since…
Dubai Investments Park attracts investments in excess of AED 42 billion over two decades
DUBAI: Dubai Investments Park (DIP), the integrated commercial/industrial and residential community in the Middle East, has unveiled that the master-planned complex has attracted investments in excess of AED 42 billion over two decades, signifying the emergence of Dubai Investment Park as a successful business model, facilitating a conducive environment. The company has confirmed a sustained…
Public and private sector collaboration to promote innovation & ICT talent in Middle East
DUBAI: Speakers, at the recently held ICT Talent Education Summit roundtable, observed that the ICT talent gap in the Middle East must be addressed by the public and private sectors. The high-level discussion was hosted as part of the final of the Huawei Middle East ICT Competition 2019, which has concluded at Huawei’s global headquarters…