Dubai / Emirates Business HolidayMe.com, the unique website offering value holiday deals and on-the-fly customized travel solutions to customers across the Middle East raised USD 7 million in Series A funding from a consortium of investors that includes Accel Partners and Saudi Arabia based F&C Overseas Investment. Existing investor Al Sanie Group also recommitted by participating in the round. ...

  Dubai / Emirates Business The Smart Dubai Office announced the list of strategic sponsors of Smart Dubai’s pavilion, which showcases citywide delightful experiences through a model that simulates smart living in Dubai City on a huge area of 3,800 square metres at GITEX Technology Week 2016 between October 16-20. The list of strategic sponsors includes a selected group of ...

  Dubai / Emirates Business The Supreme Legislation Committee (SLC) announced that it will showcase its new and comprehensive portfolio of creative projects especially designed to meet the requirement of Dubai’s shift towards smart governance during its participation at the 36th edition of GITEX Technology Week. This is in line with its commitment to support the national efforts to promote the ...

  Dubai / Emirates Business Leading up to its largest ever participation at GITEX Technology Week 2016, The Saudi Ministry of Interior (MoI) has launched a brand new website dedicated to the event. The interactive online platform highlights the Ministry’s participation at the event as the Official Country Partner along with a showcase of the latest electronic services and smart ...

  Dubai / Emirates Business The Information Technology Industry Development Agency (ITIDA) will sponsor for the 11th consecutive time the upcoming participation of 29 Egyptian companies at the 36th GITEX Technology Week, the latest edition of one of the world’s biggest information and communications technology (ICT) events. ITIDA said the Egyptian firms will occupy two pavilions, one of which will ...

  Dubai / Emirates Business DAMAC Properties on Thursday announced the first ever project to be completed in Dubai South, with the handover of DAMAC Maison de Ville Tenora hotel apartments. The developer also announced that DAMAC Maison de Ville Celestia, another hospitality project in the area, is at an advanced stage of construction, with both projects offering investors the ...

  New Delhi / AFP Prime Minister Narendra Modi will look to reinvigorate the BRICS group of emerging nations at a summit this weekend with India seen as a bright spot in a bloc whose clout has been undermined by economic woes. BRICS — a club made up of Brazil, Russia, India, China and South Africa — was formed in ...

  Mumbai/ AFP Indian Finance Minister Arun Jaitley warned on Thursday that growing opposition to globalisation and free trade in Western countries would hurt the world economy, echoing concerns by the IMF and others. Jaitley told a gathering of officials from the BRICS group of emerging nations ahead of a summit this weekend that he was concerned about protectionist movements ...

  Beijing / AFP China’s exports plummeted in September, data showed on Thursday, as anaemic global demand dealt another blow to the world’s second-largest economy, while weak imports fuelled worries about crucial domestic appetite. The figures will come as a disappointment after a recent batch of healthy statistics, and suggest the Asian giant and key driver of the global economy ...

  Mumbai / AFP India’s Tata Consultancy Services reported an 8.8 percent year-on-year rise in quarterly profits on Thursday as strong growth in Europe helped the IT giant override a slump in its domestic market. The firm, based in India’s financial capital Mumbai, said net profit for the three months to September 30 rose to 65.86 billion rupees ($984 million) ...