All nine Middle Eastern brands in the world’s top 500 are growing in brand value, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. Aramco remains the region’s most valuable brand at USD41.7 billion, though its growth has been the smallest among Middle Eastern brands, signalling a narrowing gap. ADNOC, the Middle East’s second
Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services, and tax consultancy, announced its acquisition by Ascentium, a Singapore-based global business services platform supporting over 20,000 active clients across 25 cities and nine markets in the Asia Pacific (APAC) region. This pivotal acquisition—which includes Virtuzone’s sister companies Taxready.ae, Next Generation Equity, and
Viu, PCCW’s leading pan-regional OTT video streaming service, is starting the year strong with two new Arabic-dubbed Korean titles, further cementing its position as the go-to platform for Korean entertainment in the Middle East and North Africa (MENA) region. Family by Choice, the immensely popular series that accounted for 40% of Viu’s total Korean content
The population of the six GCC countries reached 57.6 million in 2023, compared to 56.6 million in 2022. Males accounted for 62.4% of the total population, while females made up 37.6%. The report also indicates that the population density was 23.9 people per square kilometre, with the total area of the GCC countries amounting to
Dubai, a vibrant and rapidly growing metropolis, is renowned for its luxurious lifestyle, towering skyscrapers, and a diverse expatriate population. With its fast-paced development and the increasing affluence of its residents, the demand for housemaids in Dubai has seen a significant rise over the years. This demand is fueled by various factors, including lifestyle changes,
Deliveroo UAE has announced its collaboration with the Bread for All initiative by Mohammed bin Rashid Global Centre for Endowment Consultancy which provides free fresh bread to families in need through community donations. Leveraging its in-app round-up feature, customers can now seamlessly contribute to this impactful cause and support communities across the UAE. The collaboration builds
Zension Technologies has raised a Series A round of $30M led by Wa’ed Ventures, the $500 million VC arm wholly owned by Saudi Aramco, with participation from Japanese Sumitomo Corporation and Dubai based Global Ventures to disrupt the traditional model of ownership of personal tech devices. This marks the first strategic investment that the 100-year-old
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