Business & Investments

Global Financial Centre Index: Dubai becomes a ‘Global Leader’ and achieves several ‘firsts’

London and Dubai: 20 March 2025 Dubai’s progress as one of the world’s leading global financial centres has been recognised in the latest edition the Global Financial Centre Index rankings with success being attributed to DIFC’s achievements over the last 20 years.

Published by Z/Yen in London, the most credible index for the financial services industry rates 119 financial centres across the world combining assessments from financial professionals with quantitative data which form instrumental factors.

31,314 financial centre assessments were collected from 4,946 financial services professionals who responded to the GFCI online questionnaire. The GFCI is updated regularly, and ratings change as assessments and instrumental factors change.

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Business & Investments

Farnek launches Flexitalent to address increasing demand for technology-driven workforce outsourcing solutions  

Dubai, United Arab Emirates, 20 March 2025: Leading UAE-based smart and green facilities management (FM) company Farnek has launched Flexitalent, a dedicated technology-driven workforce provider, offering versatile and tailored solutions for a range of vertical industry sectors throughout the UAE.  

Flexitalent, part of the Farnek Group of companies, integrates technology-driven workforce management solutions, through smart payroll systems, digital attendance tracking and AI-powered workforce analytics, enabling organisations to streamline staffing operations across a range of diverse industry sectors.

Markus Oberlin, Group CEO of Farnek.

Farnek launched Flexitalent as a dedicated workforce solutions company to satisfy the increasing demand from businesses that want to enhance operational efficiency, compliance, flexibility and cost-effectiveness.

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Featured

Dubai Government Human Resources Department announces Eid al-Fitr holiday for 1446 Hijri

Dubai, UAE, March 20,2025: The Dubai Government Human Resources Department(DGHR) issued a circular announcing Eid al-Fitr holidays for 1446 Hijri, which states that work across all entities, departments and institutions affiliated with Dubai government will be suspended from the 1stof Shawwal 1446 AH until the 3rdof Shawwal 1446 AH. Official work will resume from 4thof Shawwal 1446 AH. The circular further stated that if the month of Ramadan is completed within 30 days, then the 30th day of Ramadan will also be added to the Eid al-Fitr holidays.

Staff members of various entities, departments and institutions who work on shift basis or those involved in managing public facilities or providing public services are not included in the circular. To ensure seamless functioning of facilities during this holiday, these entities are responsible for deciding the working hours for the exempt categories in line with their operational needs.

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Business & Investments

DWTC Welcomes 2.65 Million Attendees in 2024, Reinforcing Dubai’s Global Leadership in Business Events

  • DWTC hosted 378 exhibitions and events in 2024, up 26% year-on-year
  • DWTC expanded its events calendar in 2024 with 40 new additions, including 10 exhibitions, 17 conferences, and 13 association conventions.
  • Exhibitions and Conferences attracted nearly 59,000 exhibiting companies, with 77% being international
  • International participation at MICE events rose by 30% year-on-year accounting for over 942,000 attendees

Dubai, United Arab Emirates, 20March 2025:Dubai World Trade Centre (DWTC), the region’s leading business enabler and global events powerhouse, has unveiled its 2024 results, showcasing record-breaking performance that underscores Dubai’s continued economic growth and its position as a powerful international platform for business and trade enablement. DWTC welcomed 2.65 million event participants in 2024, marking a 7% increase compared to the previous year. The results were driven by a robust calendar of 378 Meetings, Incentives, Conferences and Exhibitions (MICE), business and consumer eventsreflecting a notable 26%year-on-year growth.

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Technologies

Nothing Phone 3a and 3a launches in the Middle East, right in time for Eid!

The latest from the technology company marks the perfect Eid gift!

20th March 2025, Dubai, United Arab Emirates  – Nothing Tech today announced the regional launch of its new smartphone series, the Nothing (3a) series in the Middle East. Announced at its local event held in Dubai, the two new smartphones in the series will be available across various local retailers, both in store and online, right on time for Eid gifting!

Starting at AED 1,399 and AED 1,749 the Phone (3a) and (3a Pro), come to the Middle East right around the Eid holidays, making it an ideal gift for family, friends or even oneself. Announced earlier this year at MWC 2025, the phones raise the standard for a smartphone experience, featuring a significantly upgraded camera system with optical zoom, boosted performance, a refined design, and Nothing OS innovations, including Essential Space.

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