• Swedish families help Volvo Cars develop autonomous drive cars

    Starting today, premium automaker Volvo Cars begins developing its autonomous driving vehicles with help from Swedish families, who will test its cars on the public roads of Gothenburg and sharetheir impressions with Volvo Cars engineers.

  • Sweet Homes announces launch of company’s first serviced apartment project

    Sweet Homes Group, one of the UAE’s premier property Master Developer, has revealed the launch of the company’s first hotel apartment project in Ajman. The announcement was made during the company’s participation in the Ajman Real Estate Conference 1, an event organized by the Real Estate Regulatory Agency – Ajman (ARRA), the state-run institution mandated with regulating the real estate activities and developments in the emirate. The event, which was held recently at the Ajman Emirates Hospitality Centre, was inaugurated by His Highness Sheikh Ammar Bin Humaid Al Nuaimi Crown Prince of Ajman and Chairman Executive Council of Ajman. The pioneering edition of the conference was organized under the theme ‘Sustainable development according to global standards.

  • Sweid & Sweid appoints Core Savills as lead sales agent for the Banyan Tree Residences Dubai development

    SWEID & SWEID has appointed Core Savills as the lead sales agent for the Banyan Tree Residences – Hillside Dubai. The project will fall under the Banyan Tree Residences collection and will be the collection’s first project in the Middle East.


    Award-winning UAE-based developer Sweid & Sweid has appointed Civilco Civil Engineering & Contracting Company as lead contractor on the first Banyan Tree Residences to be built in the Middle East.

  • Sweid & Sweid leases-out ‘The Edge’

    Leading Dubai property developer, Sweid & Sweid, has announced the full leasing of its first development in Dubai Internet City, ‘The Edge’ within 10 months of project completion.

  • Sweid & Sweid to Bring Free Yoga to Banyan Tree Residences

    Property developer Sweid & Sweid and Dubai’s popular fitness provider Zen Yoga have reached a memorandum of understanding (MoU) to host regular yoga classes at the upcoming Banyan Tree Residences. The new development – to be completed in Q3 2019 – has been designed to offer its residents an extraordinary lifestyle, with balanced and healthy living in harmony with nature being a key theme in its design and construction.

  • SWIFT appoints Javier Pérez-Tasso as Chief Executive Officer

    SWIFT is pleased to announce today the appointment of Javier Pérez-Tasso as its new Chief Executive Officer. A member of the SWIFT Executive team for the past seven years, Pérez-Tasso currently serves as Chief Executive Americas & UK region. He will take up his appointment on 1 July 2019 in place of Gottfried Leibbrandt who announced his intention to step down from the post at the end of June in December 2018.

  • SWIFT creates financial sector API blueprint

    SWIFT has today published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks and payment service providers.

  • SWIFT extends gpi to all cross border payments: 49 out of 50 largest banks in the world adopt gpi

    The SWIFT Community is to universally adopt the gpi service, in a move which will see all 10,000 banks on SWIFT’s global network use the global payments innovation service (gpi) for cross border payments.

  • SWIFT extends integrated payments toolkit

    SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows for dynamic query handling between banks on the SWIFT network, enabling them to quickly resolve instances in which required operational, regulatory or compliance information is incorrect or missing from payment instructions.

  • SWIFT gpi reaches $40 trillion milestone at two year anniversary

    SWIFT today announces a major milestone in the take-up of gpi with more than $40trn transferred over the service in 2018. Rapid adoption saw the share of cross-border messages using gpi soar from 15% at the start of 2018, to 56% by the end of the year, a year-on-year increase of 270%. More than 3,500 banks, accounting for 85% of SWIFT’s total payments traffic, have committed to adopting gpi, evidencing how the service has achieved the near total transformation of the cross-border payments landscape just two years since launch.

  • SWIFT gpi to provide payment message error detection and upfront fee transparency

    SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront fee transparency to their end customers.

  • SWIFT launches new service to block suspicious payments

    SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security.

  • SWIFT Supports the Syrian Arab Association for SOS Children’s Villages

    SWIFT, a global provider of secure financial messaging services, announced today that it is supporting the Syrian Arab Association for SOS Children’s Villages as part of its Corporate Social Responsibility at the first Business Forum UAE.

  • SWIFT trials instant cross-border gpi payments through TIPS

    SWIFT today announces that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform.

  • SWIFT: A quarter of all cross-border payments now over gpi

    SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments. It is set to be the standard for all cross-border payments made on the SWIFT network by the end of 2020.

  • Swiss Business Council celebrates 20 years of success

    The Swiss Business Council (SBC) Dubai & Northern Emirates will celebrate two successful decades of bilateral trade co-operation with the UAE next month, with a gala event for key partners, government invitees and the Swiss business community, set to take place at The Fairmont Palm Hotel & Resort in Dubai, on Friday 7th October 2016.

  • Swiss expert outlines vision of Dubai cost-effective and energy-efficient facilities management

    Markus Oberlin, CEO at Swiss-owned and Dubai-headquartered FM company Farnek, presented his vision of the facilities management (FM) sector, at a special event organised by Dubai Electricity and Water Authority (DEWA) in collaboration with the Environmental Group of the Swiss Business Council recently.

  • Swisslog debuts ACPaQ, a fully automated solution for creating mixed pallets

    The robot-based ACPaQ solution is the next milestone in the successful cooperation between Swisslog and KUKA. This world-class intralogistics innovation is the latest development to emerge from the bundled robotics and intralogistics know-how of the two leading providers. Swisslog showcased this system for fully automated mixed-carton picking and palletizing for the first time at the recent LogiMAT exhibition in Germany.

  • Swisslog named MHE Supplier of the Year at Logistics Middle East Awards

    Swisslog, a global leader in robotic, data-driven and flexible automated solutions announced that it has been honoured for its innovative solutions in the materials handling sector with the prestigious Material Handling (MHE) Supplier of the Year Award by Logistics Middle East.