Daily Archives: March 5, 2024

Featured

Magzoid Magazine and Brands For Less Unveil a Groundbreaking Collaboration for March Edition Cover

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Magzoid Magazine and Brands For Less Unveil a Groundbreaking Collaboration for March Edition Cover

Dubai, UAE – Magzoid Magazine, a beacon in the MENA region’s creative community, collaborates with the iconic retail chain Brands For Less (BFL) to unveil its March edition, adorned with a groundbreaking cover design. This edition proudly features a Ramadan-themed doodle by the exceptionally talented young artist, Advay Sureka, ingeniously integrated with the distinctive look of a Brands For Less shopping bag.

This innovative cover is a tribute to the cultural essence of Ramadan and embodies the commercial spirit of Brands For Less, known for its unique approach to retail and branding. This collaboration underscores the fusion of art, commerce, and tradition, celebrating the UAE’s vibrant creative economy.

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Technologies

LEAP 2024 Investments Reach Record US$11.9 Billion for New Technologies, Cloud Computing and Data Centres

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LEAP 2024 Investments Reach Record US$11.9 Billion for New Technologies, Cloud Computing and Data Centres

Riyadh, Kingdom of Saudi Arabia – Monday, March 4: LEAP 2024, the world’s most attended global technology conference, today unveiled a massive US$11.9 billion in new investments to support deep and emerging technologies, innovation, and cloud computing in Saudi Arabia and worldwide.

The investments further consolidate the Kingdom’s position as the largest market and digital economy in the Middle East and North Africa (MENA) for leading technology companies, such as Amazon Web Services (AWS), IBM, DataVolt and ServiceNow. The investments will also go to developing Saudi digital skills and supporting tech start-ups.

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Featured

ADDED enhances consumer protection efforts

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ADDED enhances consumer protection efforts

·       Settling 83.4% of consumer complaints despite their increase by 6.9%

·       Consumer complaints related to goods and services valued at AED26.64 million

·       Car maintenance and spare parts complaints increased by 54% reaching 1,493 cases

Abu Dhabi- 4 March 2024:

The Abu Dhabi Business Centre, part of the Abu Dhabi Department of Economic Development (ADDED), has reported a growth of 83.4% in the number of resolved consumer cases during 2023, reflecting the effectiveness of its efforts to enhance consumer rights and the business sector’s vitality.  

According to the Abu Dhabi Business Centre’s data, the number of consumers complaints in the Emirate has reached 24,833 complaints in 2023, up 6.9% from 23,232 cases in 2022 while the estimated total value of goods and services of the reported complaints was AED 26.64 million.

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Business & Investments

NewTech Insurance Brokers enriches customer experiences

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NewTech Insurance Brokers enriches customer experiences, records 90% client renewal rate and 35% growth in business KPIs

  • The company remains committed to offering advanced customisable, affordable and reliable insurance products to individuals and corporates
  • Reports state that the UAE insurance sector places a substantial focus on health and life insurance, with the market projected to reach USD 19.6 billion by 2030 from USD 10.131 billion in 2022

UAE, March 05, 2024

NewTech Insurance Brokers, a licensed and regulated insurance brokerage powerhouse in the UAE, recorded a remarkable business growth in the fiscal year 2023 with a surge of over 35 per cent in key performance indicators (KPIs) and a renewal client rate exceeding 90 per cent.

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Technologies

HR & Fintech Platform RemotePass Secures $5.5 Million in Series A Funding Led by 212vc

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HR & Fintech Platform RemotePass Secures $5.5 Million in Series A Funding Led by 212vc

RemotePass will use the funds to drive the company’s market expansion, supercharge its award-winning app, scale operations, and unlock a wave of product innovation — all designed to empower businesses and unlock new opportunities for global talent

Dubai, United Arab Emirates, 5th March, 2024: RemotePass, an HR & Fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding.

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