CBUAE Governor outlines domestic economic recovery and enhanced consumer protection measures in 2022 Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), met Chief Executive Officers (CEOs) of national and foreign banks based in the UAE recently. Hosted by the CBUAE, the UAE Banking System CEO Forum facilitates dialogue and the exchange […]
Retailers in the UAE raked in a total of $71 billion in sales last year, helping the country’s retail sector secure its position as one of the most resilient globally, according to new data released by consultancy Kearney. The UAE, which has the highest GDP per capita among the emerging markets at $58,753, also leads […]
Aramex, the global provider of comprehensive logistics and transportation solutions, announced that it has partnered with Virtuzone, the company formation specialists in the UAE, to launch AMP – the first eCommerce-focused accelerator programme in the UAE and the MENA region. As an official partner of Virtuzone for AMP, Aramex will provide AMP members with preferential […]
ShopperON, a social commerce live video shopping marketplace platform has launched in the UAE, enabling individuals as live stream hosts and stores to create and host their own shopping channels on the platform. Co-founded by Sylvia Dequito and Osman Sultan, it is an interactive marketplace where shoppers can ask questions and the livestream host can […]
Privacy laws have never been as important as they are today, now that data travels the world through borderless networks. As part of its 50th anniversary, the UAE has issued a set of sweeping legal reforms, including enacting the much-anticipated Data Protection Law, which was issued in September. The new legislation will regulate the collection […]
ThinkSmart, a media, and public relations company has become the region’s first to launch a creative content hub, THINKSMART HUB. Located at the strategic Al Quoz Creative Zone, it is the first-of-its-kind infrastructure that’ll support and boost content creation for social media users on various platforms like Instagram, Snapchat, Tik Tok, YouTube, and Podcasts. Also […]
Kuwait-based OptimizeApp, a platform that helps marketers intuitively launch, manage and track all their social media campaigns in one app, announced it has fully acquired Panda Media, a Kuwait-based online education company focused on entrepreneurs. The company’s new offering will provide local small and medium-sized enterprises (SMEs) and entrepreneurs with exclusive educational marketing courses and […]
Splashlight Studios, a eCommerce digital solutions provider has raised Seed funding of $1 million from Eagle Ventures, a Dubai-based fund managed by Adit Mehta and Hitesh Ajmera. Backbay Advisors was the financial advisor to Splashlight Studios on the transaction. “The Seed fund is a great vote of confidence for Splashlight Studios and highlights the progress […]
Amazon has partnered with Abu Dhabi Investment Office (ADIO) to establish a fulfilment centre by 2024 to be built in accordance with the company’s carbon-reduction strategies, the Abu Dhabi government’s media office said. The project will create thousands of jobs, boosting Abu Dhabi’s logistics sector and retail ecosystem and will be in line with the […]
Ahead of the UAE’s Gold Jubilee, the collaboration will build digital skills in the AR domain and inspire students to think about what lies ahead in the next 50 years. The National Program for Coders announced that it has partnered with Snap Inc. to empower Emirati university students to experience the power of augmented reality […]
