All posts by uaenews247

Western Furniture Showcases Exclusive Discounts on Iconic Designs at Dubai Shopping Festival

Dubai, UAE – January 28, 2025 – Western Furniture, a leading name in luxury home furnishings, is excited to announce the launch of its latest collection at the Dubai Shopping Festival (DSF). Until February 2, 2025, Western Furniture will showcase an exclusive range of contemporary furniture and home accessories, offering special promotions and discounts to festival-goers.

As part of the DSF, Western Furniture invites design enthusiasts and shoppers to explore its newest collection, featuring a blend of modern aesthetics and functional elegance. Highlights of the collection include:

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SUKOON LAUNCHEs GO SAVER EMPLOYEE MONEY PURCHASE SCHEME THROUGH A DEDICATED SUBSIDIARY IN DIFC

Sukoon introduces GO SAVER to provide secure end-of-service benefit and workplace savings        
January 30th, 2025
Dubai, United Arab Emirates
Sukoon Workplace Savings Solutions Limited (SWSS), a fully owned subsidiary of Sukoon Insurance, has launched GO SAVER Employee Money Purchase Scheme, serving corporates in Dubai International Financial Centre (DIFC). Designed to provide secure end-of-service benefit and workplace savings, GO SAVER aims at putting employees’ and employers’ financial protection at the forefront.
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Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia

RIYADH — January 30, 2025 — Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy.

The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo’s commitment to domestic economic growth and employment.

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Dubai Sparks Global Conversation on Mental Health on World Meditation Day 2024

Dubai, UAE – January 30,2025

In a city renowned for innovation and holistic living, Dubai played host to a groundbreaking mental well-being event on World Meditation Day, on 21-Dec-2024 at the Sheraton Grand Hotel on Saturday evening. Organized by the Wellness and Wisdom Center LLC, the two-hour event brought together global thought leaders, mental health professionals, and wellness enthusiasts, to spark a dialogue on resilience, mindfulness, and innovative approaches to holistic well-being.

The highlight of the event was an advanced resilience training session led by Dr. Ishan Shivanand, a globally recognized mental health innovator. “Mental health is a birthright. Addressing mental health challenges has become furthermore critical,” said Dr. Shivanand. “This event underscores a higher mission to make mental resilience tools accessible to all while fostering a culture of holistic wellness.”

During this occasion, Dr. Ishan Shivanand was felicitated by Dr. Subrata Mukherjee, President of Indian Business Professional Council (IBPC RAK) and Shri Rajashekharan Jambulingam, Treasurer, Dubai Renewable Energy (DREBG) for the contribution of the mental health in the Dubai and UAE. 

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Commercial Bank of Dubai advances UAE’s AI vision through Copilot ‘Promptathon’ with Microsoft

  • CBD is pioneering a large-scale rollout of Microsoft’s Copilot to over 800 employees
  • As an early adopter of Microsoft Copilot, CBD’s Promptathon aims to harness the power of prompt engineering to drive internal efficiencies and enhance ‘ways of working’

Dubai, UAE; January 30, 2025: Commercial Bank of Dubai (CBD), one of the UAE’s leading financial institutions, today hosted a Microsoft Copilot Promptathon event, partnering with the Microsoft Innovation Hub, aligning with the UAE’s vision to lead in the adoption and innovation of Artificial Intelligence (AI) solutions. The event marks the beginning of CBD’s large-scale rollout of Microsoft’s Copilot to over 800 employees.

Facilitated by Microsoft along with CBD’s Data & AI team, the CBD Promptathon complements Dubai’s ‘One Million Prompters’ initiative, which aims to train one million individuals in AI prompt engineering. This strategic alignment with the governmental vision demonstrates CBD’s commitment to achieving Dubai’s ambition to serve as a global AI hub as well as to foster technological innovation in the financial sector.

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