Daily Archives: March 19, 2024

Business & Investments

The market predicts a 99% chance that the Fed will keep interest rates unchanged at tomorrow’s meeting – Market Updates from CPT Markets

Leave a comment

The market predicts a 99% chance that the Fed will keep interest rates unchanged at tomorrow’s meeting – Market Updates from CPT Markets

In-depth market analysis by Vikas Lakhwani, Chief Revenue Officer, CPT Markets

Continue reading The market predicts a 99% chance that the Fed will keep interest rates unchanged at tomorrow’s meeting – Market Updates from CPT Markets →
Business & Investments

Pharmatrade launches its Logistics Centre in KEZAD

Leave a comment

Pharmatrade launches its Logistics Centre in KEZAD

This new centre will ensure uninterrupted medical supplies to Abu Dhabi and Al Ain.

Abu Dhabi, UAE – 19 March 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and the UAE-based Pharmatrade today announced the opening of Pharmatrade’s Abu Dhabi Logistics Centre.

Continue reading Pharmatrade launches its Logistics Centre in KEZAD →
Technologies

OPSWAT Sets New Standard in Cybersecurity

Leave a comment

OPSWAT Sets New Standard in Cybersecurity with First-Ever 100% Rating in SE Labs Content Disarm & Reconstruction Test

OPSWAT Deep Content Disarm and Reconstruction (Deep CDR) scores 100% Protection and Accuracy Score, validating its effectiveness in protecting against file-based threats

UAE, Dubai, March 2024 – OPSWAT, a global leader in perimeter defense cybersecurity and pioneer of Deep CDR technology, proudly announces that it has achieved a 100% Protection and Accuracy Score from SE Labs, an independently-owned and run testing company that assesses security products and services. OPSWAT is the first company to achieve this rating in CDR testing.

Continue reading OPSWAT Sets New Standard in Cybersecurity →
Business & Investments

Dubai’s MICE sector grows 25% while events industry clocks Dh165 billion in 2023 as Alltech Events doubles turnover

Leave a comment

Dubai’s MICE sector grows 25% while events industry clocks Dh165 billion in 2023 as Alltech Events doubles turnover

Dubai, UAE; March 19, 2024

News Highlights:

  1. The event industry in Dubai is estimated to be worth Dh165.15 billion (US$44.7 billion) in 2023 and grow at a Compound Annual Growth Rate (CAGR) of 25% from 2023 to 2027.
  • Dubai’s exhibitions, conferences, seminars and business events sector has recorded a 25 percent growth last year as Dubai World Trade Centre (DWTC) said it has attracted 2.47 million participants in 2023.
  • The events industry supports 100,000 jobs in Dubai while it will create a further 10,000 more in the next five years.
  • The Meetings, Incentives, Conferences, and Exhibitions (MICE) industry in the UAE is expected to grow at 8.5 per cent during the 2023-30 from US$5.21 billion to US$9.22 billion by 2030 due to increasing business events, exhibitions and conferences in the country.
  • According to Market Decipher, a research entity, Middle East Event Services Market shall reach a value of US$144.2 billion in 2033, growing with a CAGR of 12.1% during the forecast period of 2023 to 2033.
Continue reading Dubai’s MICE sector grows 25% while events industry clocks Dh165 billion in 2023 as Alltech Events doubles turnover →