Author: dailyguardian.ae

The Middle East and North Africa (Mena) region witnessed a steady M&A market with total deal value for 2023 reaching $86.0 billion, indicating a 4 per cent increase on previous year, a report showed on Monday. According to the EY Mena M&A Insights 12M 2023 update, the GCC region accounted for the majority of deals at 565, valued at $83.2 billion. M&A activity in 2023 remained buoyant as dealmakers shrugged geopolitical tensions, rising cost of capital and general economic uncertainty in western markets. Domestic deals dominated the region in terms of volume at 49 per cent, while cross-border M&As contributed…

Invictus Investment Company announces record results for full-year 2023, with 35% revenue increase and 110% growth in commodity transaction volumes Strategic expansion into ten new markets and additional product areas drives performance Achieved significant growth in commodity transaction volumes, which surged by over 110% to reach 5.37 million metric tonnes, as compared with 2.56 million metric tonnes in 2022. Revenue surges to AED 8.1 billion in 2023, up from AED 5.9 billion in 2022. Net profit reported at AED 213.6 million in 2023, against AED 454.5 million in 2022. Total equity rises to AED 1.06 billion in 2023, from AED…

If you’re looking for great gaming PC deals, you’ll be pleasantly surprised by the Dell XPS desktop which is currently $480 off right now at Dell. Usually priced at $2,130, it’s down to $1,650 for a limited time only. Looks-wise, it may have more in keeping with the many desktop computer deals going on but under the hood, it’s a potent gaming machine too. If any of that sounds appealing, hit the link below or keep reading while we take you through everything else it has to offer. Why you should buy the Dell XPS Desktop With hardware that can…

Amidst heavy rainfall and inclement weather conditions in the UAE on Monday morning, residents across the country have been receiving blaring alerts on their mobile phones. The emergency alert from the Ministry of Interior (MOI) warns residents of weather fluctuations across the Emirates. One such alert reads: “Urgent warning! A wave of heavy rain hits some areas of the country. Avoid valleys, water pooling and torrential runoff, take caution while driving, reduce speed and stick to competent authorities’ instructions. Stay safe (Ministry of Interior).” Stay up to date with the latest news. Follow KT on WhatsApp Channels. Residents also received…

Trusity, an accredited educational platform, recently celebrated the journey of its graduating cohort from the truPreneurs program. The young entrepreneurs showcased their innovative projects at the Final Investor Pitch Competition, highlighting their dedication to innovation, entrepreneurship and sustainable global development. Shivansh Soni, a talented Grade 9 student from JSS Private School, Dubai, emerged as the winner with his innovative project aligned with UN SDG goals 11, 13 and 15, “Scoop the Poop.” This sustainable and recyclable product ingeniously converts dog waste into compost, earning Shivansh the coveted Startup Package valued at Dh10,000. Prajit Sarkar (Grade 10, Gems Modern Academy) secured…

This Valentine’s Day, love is in the air, and Al-Futtaim IKEA is ready to make it extra special with the launch of its unique Vallen Key also known as the Allen Key. Lovebirds across the UAE are invited to take their relationships to the next level by proposing with IKEA’s exclusive Vallen Key. Couples looking to pop the question can now turn to Al-Futtaim IKEA for a truly unforgettable experience. Valid until February 14, eager romantics can participate in IKEA’s Instagram contest for a chance to win a romantic dinner at the IKEA restaurant, complete with a professionally captured proposal…

انغمس في المرح العائلي: إعادة افتتاح حديقة شلالات الصحراء للمغامرات والألعاب المائية بعرض حصري لزوار النهار حديقة المياه المجددة في منتجع وفلل هيلتون شاطئ سلوى تقدم واحة من المغامرات المائية للعائلة بأكملها الدوحة، قطر، 12 فبراير 2024: الترقب ملموس مع عودة ألوان المرح والإثارة إلى حديقة شلالات الصحراء للمغامرات والألعاب المائية المحبوبة في قطر، في منتجع وفلل هيلتون شاطئ سلوى. بعد فترة وجيزة من التوقف للصيانة السنوية، افتتحت الحديقة أبوابها مجددًا، وهي ترحب بالعائلات وطالبي الإثارة مرة أخرى إلى عالم من المغامرات المائية واللحظات التي لا تُنسى. ما ينتظر الزوار ليس مجرد يوم من الإثارة واللعب بالماء، ولكن تجربة غامرة…

Axiom Space’s third private astronaut crew to visit the International Space Station (ISS) returned safely to Earth on Friday after staying in orbit for just over two weeks. Walter Villadei, Alper Gezeravcı, and Marcus Wandt, and professional astronaut Michael López-Alegría, departed the orbital outpost on Wednesday, four days later than originally planned due to poor weather conditions at the splashdown site off the coast of Daytona, Florida. A day after emerging from the SpaceX Crew Dragon capsule that brought him home, Sweden-native Wandt shared a video on social media titled “Space waltz.” Wandt, who spent much of his time aboard…

Al Ain residents woke up to streets blanketed in white on Monday morning, as large balls of icy hail pelted their cars, windows and surroundings. As the country experiences turbulent weather conditions, the people in Al Ain, who are usually used to the occurrence of hail during such weather, were taken aback by the intensity of the phenomenon. The country’s best-known ‘storm chaser’ Fahad Mohamad Abdul Rehman did not disappoint, sharing several videos of thrilled residents — adults and children alike — having hail fights and cheering as they explore the hail-laden grounds after the intense morning storm. Take a…

Etihad Airways welcomed more than 1.4 million guests onboard in January and saw its load factor average out at 86.04 per cent across the month, the carrier announced on Monday. “In January 2024 we saw a 35 per cent year-on-year growth in customer numbers and were flying to five more destinations than the same period in 2023, making us one of the fastest growing airlines in the world,” said Antonoaldo Neves, CEO of Etihad Airways. “We are meeting customer demand by adding more flights to key destinations, and Etihad is now offering almost 27% per cent more weekly departures for…