Monthly Archives: September 2024

Business & Investments

Emirates NBD and DP World launch new co-branded Mastercard corporate card in the UAE, advancing the Dubai Economic Agenda 2033


Unique credit card product offers business, travel and lifestyle benefits for enterprises in the UAE, including for companies using DP World Group and Dubai Trade services

Dubai, UAE, 17 September 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, and DP World, a leading provider of global end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in partnership with Mastercard. The new credit card caters to all businesses, including those that use DP World and Dubai Trade services across its port and terminals in the UAE, as well as customs and logistics solutions.

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Business & Investments

Corporate Group and PwC sign MoU to build pathways, connecting academic excellence with corporate success

Dubai, Sep 18 – Leading Dubai – based financial advisory firm Corporate Group and PwC Academy Middle East have officially signed a Memorandum of Understanding (MoU), launching a strategic collaboration aimed at empowering the next generation of young professionals by bridging the gap between academic learning and real-world corporate experience.

This initiative seeks to provide ambitious students with a clear pathway into the corporate world, equipping them with the skills and hands-on experience necessary to thrive in today’s competitive marketplace.

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Business & Investments

Hitachi Energy’s new Relion REF650 delivers advanced protection and control for power distribution applications

  • All-newrelay ready to meet the demands of distribution automation and medium-voltage applications
  • Complemented by anIEC61850 Ed 2.1 compatible configuration toolto maximize security and interoperability
  • Demonstrates visionof a smarter, modular, and actively managed distribution network

Come see the REF650 at Cigre, Hitachi EnergyPalais des congrès, Stand No. S175

Dubai, UAE,Sep.18, 2024 – Today, Hitachi Energy achieved another milestone in extending its distribution automation offering with the launch of the Relion REF650 multi-application protection and control relay, specifically designed for medium-voltage power distribution grids. Enhancedflexibility, modularity, security, and a new, intuitive user interface make the REF650 uniquely suited forthe evolving power quality requirements acrossutilityand industrial operations.

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Real Estate

MERED Expands in Abu Dhabi with Two Strategic Waterfront Acquisitions on Al Reem Island

Dubai, UAE, 18 September 2024: MERED, the award-winning international premium real estate developer, is strengthening its footprint across the UAE by acquiring two adjacent prime waterfront plots on Al Reem Island, Abu Dhabi. This acquisition highlights MERED’s continued success and strategic growth, delivering state-of-the-art residential and commercial developments across the capital city.

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Technologies

Intellect launches eMACH.ai WealthForce.AI in the Middle East region to drive Operational Excellence and contextual Customer Experience

An AI-powered, cloud-native solution composed on eMACH.ai to deliver hyper-personalised wealth management services to the region’s top financial institutions

Banesh Prabhu, CEO of IntellectAI

Dubai, United Arab Emirates; September 18, 2024: IntellectAI, the AI-focused business unit of Intellect Design Arena, announced the launch of its cutting-edge wealth platform, WealthForce.AI, for the Middle East market. Composed on eMACH.ai, this transformative platform is designed to empower Relationship Managers (RMs) by leveraging Artificial Intelligence (AI) and advanced data analytics to achieve hyper-personalisation and hyper-automation, ultimately delivering unparalleled customer experiences.

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