All posts by uaenews247

Business & Investments

BitOasis Granted Full Virtual Asset Service Provider License by Dubai’s Virtual Assets Regulatory Authority

Dubai, UAE December 09, 2024: BitOasis, the Middle East and North Africa’s (MENA) leading regional virtual assets broker-dealer trading platform, announced receiving a full Virtual Asset Service Provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA), following the company satisfying all relevant regulatory conditions and requirements.

BitOasis said it will seamlessly transition to operating under its new license with immediate effect.

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Hotels & Hosppitality

IHG adds over 1,000 keys in Al Madinah with new hotels signing with Knowledge Economic City

Dual Holiday-Inn Brand Family signing is set to enhance hospitality offerings in Al Madinah and contribute to Saudi’s Vision 2030 Goals

KSA, Madinah, December 2024: IHG® Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia,  for two new hotels in the Islamic World District (IWD) within the holy city of Al Madinah.

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Technologies

Experts Discuss AI’s Role in Transforming Kuwait’s Future at SAP Innovation Day

  • Key industries impacted by AI include healthcare, finance and education
  • Two customers, Boodai Corporation and Kuwait Hospital, signed agreements at the event to embark on digital transformation journeys powered by SAP
SAP Customer Awards

KUWAIT CITY, KUWAIT — December 9, 2024 — Senior Kuwaiti government officials, business leaders, and strategists gathered in the capital recently for SAP Innovation Day, where discussions focused on the transformative role of AI and digital technologies in advancing Kuwait Vision 2035.

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Business & Investments

Automechanika Dubai 2024 will take place at the Dubai World Trade Centre from 10-12 December

Automechanika Dubai 2024 will take place at the Dubai World Trade Centre from 10-12 December

2,228 exhibitors confirmed, an increase of 15% compared to the previous year, and floor space increased by 18% year-on-year to facilitate demand during the three-day showcase

Dubai, UAE: Automechanika Dubai, the largest automotive aftermarket trade exhibition in the Middle East, will return to the Dubai World Trade Centre (DWTC) from 10-12 December, celebrating the 21st edition of the showcase with record exhibitors numbers.

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Technologies

Saudi Investment Recycling Company to be First in Kingdom to Deploy SAP Sustainability Control Tower, Driving Circular Economy Goals

SIRC adopts RISE with SAP and cutting-edge SAP solutions to drive centralized, scalable
AI-infused operations, and build a solid foundation for introducing domestic carbon credits

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Seated: Abdulrahman AlObayed, Executive Vice President, HR & Shared Services, SIRC, and Dr Fahd Nawwab, Vice President, SAP KSA. Standing: Rajagopal Seenivasan, Director, SAP Center of Excellence and Digital Transformation at SIRC; Hamza Al Nemer, IT and Digital Transformation Executive Director, SIRC; Adel Lafi, Director of Energy and Natural Resources, SAP Middle East and Africa – North; Rahmathulla Karuvathodi, Transformational IT Applications Leader, SIRC; and Ahmad Morad, Senior Client Executive, SAP Saudi Arabia.

Continue reading Saudi Investment Recycling Company to be First in Kingdom to Deploy SAP Sustainability Control Tower, Driving Circular Economy Goals →