Daily Archives: March 20, 2024

Business & Investments

Network International leverages Mastercard’s AI-powered Brighterion solution to protect over 60,000 merchants from fraud

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Network International leverages Mastercard’s AI-powered Brighterion solution to protect over 60,000 merchants from fraud

Dubai, UAE; 20 March 2024:  Network International, the leading enabler of digital commerce across the Middle East and Africa, has extended the benefits of Mastercard’s Brighterion fraud prevention solution, powered by artificial intelligence (AI), to over 60,000 merchants. The two partners are leveraging the cutting-edge technology to protect and grow the payments industry by providing transaction fraud screening and merchant monitoring services to merchant acquirers and businesses.

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Business & Investments

Tabreed Celebrates its Most Successful Year and Approves New Record High Dividend Payment for FY 2023

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Tabreed Celebrates its Most Successful Year and Approves New Record High Dividend Payment for FY 2023

  • Annual General Assembly also confirms new appointment to Board of Directors

Abu Dhabi, United Arab Emirates – 20 March 2024: Tabreed, the UAE’s leading international district cooling company, yesterday held its Annual General Assembly (AGA), during which shareholders approved a record high dividend payment of 15.5 fils per share, paid fully in cash. As disclosed in the company’s recent full-year results for 2023, this represents an increase of 15% over the previous year and recognises Tabreed’s strong financial performance. During 2023, Tabreed reported a growth of 9% in revenue and an increase of 25% in net profit before tax to parent.

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Real Estate

Dubai’s High End Commercial Real Estate Enjoys a Boon

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Dubai’s High End Commercial Real Estate Enjoys a Boon

‘Feel Good Factor’ Helps Drive Resurgence in High-End Commercial Real Estate

Index Tower - landscape

Dubai, UAE, March 20, 2024 – While many armchair analysts proclaimed the office dead in the wake of the Covid-19 pandemic, the commercial real estate sector in Dubai is now reaching new heights, with high-end space especially in demand as businesses seek to stand out from the crowd and woo employees back with a workplace environment worthy of the daily commute.

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Travel & Tourism

3 simple tips for that seamless visa application journey

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3 simple tips for that seamless visa application journey

By Sumanth Kapoor, Head – KSA and Bahrain, VFS Global

Travel has been growing exponentially in the last few years, and 2024 seems to be no different. As we start moving into the summer season, we see increased demand for visas for travel during the Eid break and school holidays. Here are a few things to keep in mind as you plan that summer sujourn.

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