Monthly Archives: October 2023

Business & Investments

OPSWAT opens regional office in Dubai to support industrial sector fight against cyberthreats

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OPSWAT opens regional office in Dubai to support industrial sector fight against cyberthreats

The company’s Middle East, Turkey, and Africa office will feature a state-of-the-art Critical Infrastructure Protection lab, which will allow customers and partners to witness IT-OT security solutions in action

Dubai, United Arab Emirates – October 30, 2023 – OPSWAT, a global leader in Critical Infrastructure Protection (CIP) cybersecurity solutions, today announced the opening of its Middle East, Turkey, and Africa (META) regional office in Dubai, United Arab Emirates, following GITEX earlier this month. The move is aimed at answering the increasing demand across the region for zero-trust cybersecurity solutions capable of safeguarding critical infrastructure.

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Business & Investments

CCAvenue.ae to revolutionize the UAE Market with Cutting-Edge Mobile-Based

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UAE Debut: CCAvenue.ae Forays into Global Offline Payment Solutions Arena

CCAvenue.ae to revolutionize the UAE Market with Cutting-Edge Mobile-Based

QR Code Payment Technology

UAE, October 30, 2023 – The UAE-based subsidiary of Indian fintech company Infibeam Avenues Ltd, Avenues World FZ LLC, which owns and operates UAE’s largest payment gateway brand – CCAvenue.ae announced the introduction of its mobile-based QR Code payment solution in the United Arab Emirates (UAE) market for merchants to tap into burgeoning offline payments landscape. It is a pivotal and strategic move marking the company’s debut on the international stage of offline payment solutions, starting with the UAE market.

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Education

EM Normandie brings triple accredited business degrees to UAE

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Institution provides international study options for students taking prestigious programs

October 30,2023, Dubai, UAE: Renowned French business schools, EM Normandie, is bringing its prestigious triple accredited degree programs to the UAE, enabling students in the region to earn a globally recognized qualification from one of the oldest and most respected institutions in France. Students enrolling in the School’s nationally and internationally accredited degrees will also have the opportunity to study in other cities across the institution’s global network of campuses.

Renowned French business school EM Normandie has established its campus in the Dubai Knowledge Park

Inaugurated earlier this year, EM Normandie Business School in the UAE has established its campus in the strategic education hub, Dubai Knowledge Park. Initially welcoming international students from its global campuses to undertake a period of study in Dubai, the institution has now opened its doors for new applicants to start their program in the UAE. As the second oldest School of Management in France, EM Normandie holds the distinguished triple accreditation from AACSB, EQUIS, and AMBA. Recognized among the top 1% of business schools worldwide, it has also been ranked in the Financial Times’ top 65 business schools listing for 2023.

EM Normandie’s international students from its global campuses undertake a period of study in Dubai

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Sharjah International Book Fair

Bodour Al Qasimi: It is essential that we are committed to the power of the written word, and the role it plays in bringing us together

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During the opening day of the 13th Sharjah Publishers Conference

Bodour Al Qasimi: It is essential that we are committed to the power of the written word, and the role it plays in bringing us together

SBA Chairperson gives powerful speech inaugurating conference followed by inspirational keynotes and networking and knowledge exchange through roundtable sessions

Sharjah, October 29, 2023,

In her impactful words, Sheikha Bodour Bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority (SBA), underscored that publishing stands at the gates of history, and has to reclaim the vital role it has played for centuries. “In our pursuit of progress, it is essential that we remain committed to our core belief in the power of the written word, and the role it plays in bringing us together, or dividing us. To continue delivering on our promise, the publishing industry has to adapt to the rapid changes of our time. We are at a unique intersection of tradition and innovation, and must navigate this exciting landscape of constant disruption,” she remarked.

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Business & Investments

ARAB BANK GROUP REPORTS NET PROFITS OF $630 MILLION FOR THE FIRST NINE MONTHS OF 2023

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ARAB BANK GROUP REPORTS NET PROFITS OF $630 MILLION FOR THE FIRST NINE MONTHS OF 2023

Dubai, UAE, 29 October 2023: Arab Bank Group delivered strong financial performance in the first nine months of this year, reporting net income after tax of $630.3 million compared to $405.8 million for the same period last year with an increase of 55%.

The Group maintained its strong capital base with a total equity of $10.8 billion. Loans grew to $36.3 billion and deposits reached $49 billion. Excluding the impact of devaluation of several currencies against the US dollar, loans and deposits grew by 4% & 5%, respectively.

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