All posts by uaenews247

Mastercard research highlights urgent need for UAE SMEs to stay ahead of evolving cyber threats

  • 47% of small businesses in the country have experienced a cyberattack
  • Top five cyber threats to SMEs in the UAE include malware, digital skimming, hacking, phishing and ransomware
  • The survey notes that small businesses are actively seeking partners and solutions to bridge knowledge gaps and fortify defenses

Dubai, UAE; 23 April 2025: Readiness to tackle cyber threats has never been more critical to building a secure and resilient digital future for small businesses, according to Mastercard’s latest research on cybersecurity risks facing SMEs. The study was conducted across five countries worldwide among more than 5,000 small and medium business owners, including over 1,000 in the UAE.

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Danube Group opens another majestic mosque in National Industries Park

The First Mosque in NIP: A Spiritual Landmark for 2,000+ Worshippers

Dubai, UAE – 23 April 2025 – Marking a momentous milestone in its legacy of community service and spiritual development, Danube Group has officially inaugurated a landmark mosque at National Industries Park (NIP) – the first and only mosque in the area. This new religious and communal space reaffirms Danube’s unwavering commitment to supporting infrastructure that nurtures unity, faith, and social harmony.

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Arakkal Gold & Diamonds Opens Its Largest and Most Innovative Showroom in Sharjah

Sharjah, UAE, 23 April 2025 – Arakkal Gold and Diamonds, renowned for its heritage, exquisite craftsmanship, and commitment to customer trust, is poised to unveil its largest and innovative showroom at Safari Mall, Sharjah, on April 27th, 2025. This grand opening marks a significant milestone in Arakkal’s journey as a global luxury jewellery brand, seamlessly blending tradition with innovation to deliver an elevated customer experience.

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Moody’s Ratings Upgrades PNC Investments LLC (Sobha Realty)’s CFR to Ba2; Affirms Sukuk Rating at Ba2

Dubai, April 23, 2025: PNC Investments LLC (PNCI), the parent company of global luxury real estate developer Sobha Realty, has received an upgrade in its Corporate Family Rating (CFR) from Moody’s Ratings, which raised the rating to Ba2/stable from Ba3/stable. Additionally, the senior unsecured rating of PNCI’s existing $500 million sukuk issued by Sobha Sukuk Limited has been affirmed at Ba2, all outlooks remain stable.

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BNW DEVELOPMENTS SETS NEW BENCHMARKS

97 TAJ WELLINGTON MEWS RESIDENCES RESERVED WITHIN HOURS OF LAUNCH

DUBAI – APRIL 23, 2025: Indian Hotels Company (IHCL), India’s largest hospitality company, debuted Taj Wellington Mews on the picturesque Al Marjan Island, Ras Al-Khaimah in partnership with BNW Developments, a leading name in luxury real estate sector. The property witnessed 97 of its units reserved within the first 24 hours of its launch, making it among the UAE’s fastest-selling luxury projects to date.

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