Daily Archives: September 5, 2024

Business & Investments

Finance teams – evolve now or become irrelevant

A comprehensive new report reveals that finance teams worldwide are at a critical juncture, with just five years to adapt to rapidly changing demands—or face the risk of becoming obsolete.

Dubai, UAE; September 5, 2024: Finance teams have just five years to transform or risk becoming irrelevant, according to a new report by ACCA (the Association of Chartered Certified Accountants) and Chartered Accountants ANZ in association with PwC. The report, Finance evolution: Thriving in the next decade, stresses the vital role finance teams play in building sustainable businesses and urges CFOs and finance leaders to take immediate action.

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Business & Investments

Diamondlease Expands Electric Vehicle Fleet with New Branch in Umm Al Rumool, Dubai

05 September 2024, Dubai, UAE – Diamondlease, a leading car rental and leasing company in the UAE and part of Al Habtoor Group, proudly announces the grand opening of its new branch in Umm Al Rumool, Dubai. This milestone also marks a significant expansion of Diamondlease’s electric vehicle (EV) fleet, further underscoring the company’s commitment to sustainable mobility and innovative solutions for its customers.

Strategically located in Umm Al Rumool, the new branch extends Diamondlease’s reach to key areas, including Rashidiya, Umm Ramool, Ras Al Khor, and the rapidly developing Dubai Commerce City. This expansion is part of Diamondlease’s broader strategy to enhance service accessibility and promote eco-friendly transportation options across the emirate.

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Featured

Union Coop Agrees to Collaborate with Watani Al Emarat Foundation

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The cooperative Signs an MoU with the Foundation that will enhance national identity and promote the spirit of volunteerism

Dubai, UAE:

Union Coop has signed a Memorandum of Understanding (MoU) with Watani Al Emarat Foundation to exchange expertise and leverage resources for mutual benefit. The agreement aims to facilitate communication and cooperation between the two organizations to achieve shared interests that benefit the target groups. It also focuses on launching and supporting national initiatives that promote national identity, volunteerism among youth, and provide opportunities for community service.

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Technologies

OPSWAT Expands Strategic Footprint in Saudi Arabia

Riyadh, Saudi Arabia – September 05, 2024: The Saudi Arabia cybersecurity market is surging forward, reaching a value of SAR 13.3 billion (US$3.55 billion)  towards the start of  2024, making it a fertile ground for advancing the cybersecurity industry which aligns perfectly with OPSWAT’s specialized critical infrastructure protection (CIP) technologies and tailor-made solutions that integrate Operational Technology (OT) and Information Technology (IT) security seamlessly.

OPSWAT, a global leader in CIP solutions with headquarters in Florida, United States, has seen a significant expansion of its presence in the Kingdom of Saudi Arabia, marked by tremendous business and overall economic growth of the country over the past two years.

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Business & Investments

UAE’s Rebound launches new subscription-based recycling platform in commitment to create circular economy

  • Subscription model with 0% commission on trades enhancing profitability and sustainability
  • Extended product portfolio: plastics, rubber, e-waste, metal, and paper/cardboard 
  • Access to member profiles and solution partners 
  • Dedicated account management and sustainability reporting

UAE, September 05 2024: UAE-based Rebound, a subsidiary of Sirius International Holding, is setting a new standard with the launch of its new subscription-based platform for recyclable materials. The innovative platform is designed to transform the recycling industry by connecting buyers, sellers and partners of recyclable materials worldwide.

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