Browsing: Business

Space42, the UAE-based AI-powered SpaceTech company, and Viasat, Inc., a global leader in satellite communications, discussed continued progress toward their planned direct-to-device (D2D) infrastructure and offered an early look at the priorities for Equatys, the companies’ forthcoming joint entity, during a co-hosted program at Mobile World Congress in Barcelona last week. The program marked the first […] The post Space42 and Viasat Shared Progress on Equatys at Mobile World Congress appeared first on Web-Release.

Bain & Company today announced that Eric Beranger-Fenouillet has been appointed as managing partner of its Middle East business. Based in the UAE and taking on the role at a time of rapid development of Bain’s business in the Middle East, Beranger-Fenouillet will lead the firm across the region, with a focus on helping clients […] The post Bain & Company appoints Eric Beranger-Fenouillet as Middle East managing partner appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt’s industrial sector by lending US$ 20 million (€17.5 million) to Futurefert to support its capital expenditure programme. The EBRD financing will support the construction and operation of three interconnected plants – a sulphuric acid plant, a potassium sulphate plant and a single superphosphate plant – […] The post EBRD lends US$ 20 million to Futurefert in Egypt appeared first on Web-Release.

Eli Lilly and Company (NYSE: LLY) today announced the U.S. Food and Drug Administration (FDA) approved Foundayo™ (orforglipron) for adults with obesity, or overweight with weight-related medical problems. When used alongside a reduced- calorie diet and increased physical activity, Foundayo helps individuals lose excess body weight and keep the weight off. Foundayo will be available […] The post FDA approves Lilly’s Foundayo™ (orforglipron), the only GLP-1 pill for weight loss that can be taken any time of day without food or water restrictions appeared first on Web-Release.

Five Iron Golf Dubai, the region’s leading golf-themed indoor sports and entertainment venue, is unveiling its newly renovated Dirty Birdie Sports Bar this weekend, giving one of its most popular spots a fresh new look for drinks, live sport and games. Located within Five Iron Golf at The Westin Dubai Mina Seyahi Beach Resort & […] The post Five Iron Golf Dubai Revamps Dirty Birdie Sports Bar Just in Time for The Masters appeared first on Web-Release.

Abu Dhabi, 2 April: The UAE Jiu-Jitsu and Mixed Martial Arts Federation has made a strong start to 2026, further reinforcing the country’s reputation as the world capital for jiu-jitsu and MMA with the organisation of seven major championships during the first quarter of the year. The events brought together thousands of athletes across various […] The post Busy first quarter for UAE Jiu-Jitsu and MMA Federation with seven championships and thousands of participants appeared first on Web-Release.

Alef Education Holding Plc (‘Alef Education’ or ‘the Company’), an award-winning AI-driven learning solutions provider, today announced the successful conclusion of its Annual General Meeting (‘AGM’), at which shareholders approved all agenda items, including the Board of Directors’ report and the financial statements for the year ended 31 December 2025 (‘FY 2025’). Shareholders also approved […] The post Alef Education Delivers Strong Results as Shareholders approve AED 433.0 million Cash Dividend for FY 2025 appeared first on Web-Release.

As the UAE accelerates its investment in artificial intelligence and digital services, Abu Dhabi based CNTXT AI has expanded Munsit into a unified Arabic voice AI platform, combining speech recognition and voice generation in a single system designed for real-world use across government, finance, and digital platforms. The update comes at a time when voice […] The post CNTXT AI launches Munsit, the world’s most accurate Arabic voice AI as demand for AI services accelerates across the UAE appeared first on Web-Release.

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has organised 72 meetings with companies operating across diverse fields within the technology sector. The meetings were arranged to gain direct insights into the current business landscape and the challenges facing companies amid ongoing global developments, with the […] The post Dubai Chamber of Digital Economy organises 72 meetings with tech companies to support resilience of Dubai’s digital business ecosystem appeared first on Web-Release.

IEC Telecom UAE has been named winner in the CSR Initiative of the Year category at The Oil & Gas Middle East Awards 2026, for its commitment to improving working conditions in the offshore energy sector through advanced connectivity solutions. The recognition has been awarded for IEC Telecom’s Welfare System, a purpose-built solution supporting crew […] The post IEC Telecom Wins CSR Initiative of the Year at the Oil & Gas Middle East Awards 2026 appeared first on Web-Release.