Al Ahsa, Saudi Arabia: Etihad Salam Telecom Company (Salam), a leading provider of telecommunications services and digital infrastructure in Saudi Arabia, announced the opening of its second Research and Technical Innovation Center at the Girls' Technical College in Al-Ahsa. The inauguration ceremo…
Dubai, UAE, Emarat, in collaboration with Dubai Municipality, has launched a Flame Tree planting initiative beginning at Emarat Al Buhaira Service Station, with planting to extend to other Emarat service stations across Dubai. The initiative forms part of Dubai Municipality’s wider efforts to advan…
Staff WriterThe UAE leads the GCC in confirmed construction demand with 700 projects, supported by a broad base of active, near-term developments, according to a report by the Abu Dhabi Chamber of Commerce and Industry (ADCCI).The estimated value of these projects stands at $138 billion, the chambe…
Dubai, UAE, DeNet, a decentralized data storage infrastructure, has announced the launch of its global Distributor network ahead of the upcoming DeNet Protocol v4 release, marking a major step toward scalable, decentralized expansion.The initial network includes 40 accredited Distributors across 24…
Dubai, United Arab Emirates: Dubai-headquartered HITEK AI, a pioneer in AI-driven enterprise solutions and part of the Farnek Group of companies, has launched CONDTEK, the GCC’s first AI-powered solution that automatically creates a verified digital asset register without the need for lengthy and…
DUBAI, UAE – Veeam® Software, the Data and AI Trust Company, today announced it has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2026 Gartner Magic Quadrant for Backup & Data Protection Platforms. This marks the 10th time in a row Veeam has been named a Leader. For the 7th consec…
Mumbai: DP Global Wealth Management LLP, along with investor Vikas Kataria and Person Acting in Concert (PAC) Supriya Kataria, has announced an open offer to acquire up to 1,59,79,920 fully paid-up equity shares, representing 26% of the expanded capital of AMPL Capital Limited (formerly Credent Gl…
Manama: BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has launched the fifth edition of its annual “MASAR” Fintech Summer Internship Program, Program for third and fourth-year university students.The two-month program offers participa…
Abu Dhabi, Boston, London – Perk (formerly TravelPerk), the intelligent AI-native platform for travel and spend management, today announced the opening of its Middle East office in ADGM, the international financial centre of Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO).The…
Doha, Qatar — The Qatar Financial Centre (QFC), a leading onshore financial and business centre, is proud to announce that Franklin Templeton is expanding its presence in the Middle East through the establishment of its Qatar entity, Franklin Templeton Investments QFC LLC. Following initial authori…
Muscat: Reinforcing its commitment to advancing innovation, financial inclusion, and sustainable economic development, Sohar International has signed a strategic Memorandum of Understanding (MoU) with Snoonu Oman. It is a super app developed in Qatar that provides an integrated ecosystem for delive…
Staff WriterTUNIS - Secretary General of the Common Market for Eastern and Southern Africa (COMESA), Chileshe Kapwepwe, who is visiting Tunisia from June 29 to July 3, said Tuesday that the mission aims to strengthen Tunisia’s participation in the regional bloc and bring COMESA institutions closer…
Jeddah, Saudi Arabia: BlueFive Capital is pleased to announce it has closed its acquisition of a substantial stake in Sidra Capital, a Saudi Arabia - based Shariah-compliant asset manager. Sidra Capital will be rebranded as BlueFiveSidra.As part of the transaction, Al Murjan Group, one of Saudi Ar…
Jeddah, Saudi Arabia: BlueFive Capital, a global investment platform managing $15 billion in assets, has successfully completed the acquisition of a substantial stake in Sidra Capital, a leading Shariah-compliant asset manager headquartered in Jeddah. As part of the agreement, Sidra Capital will b…
Marwa Abo AlmajdDubai-based global ports and logistics company DP World has launched Egypt's first fully integrated Logistics Distribution Centre (LDC) at Sokhna Logistics Park, marking a major milestone in the development of the country's logistics sector.The facility, located adjacent to Sokhna P…
Umm Qasr, Iraq | Sharjah, UAE – Gulftainer (GT), a globally trusted leader in integrated maritime and logistics solutions, announced the launch of its first dedicated feeder service linking the UAE and Umm Qasr, Iraq. The move comes 17 years after the company established Iraq’s first modern contain…
Cairo, Egypt — KONE, a global leader in the elevator and escalator industry, and Arab International Optronics (AIO), one of Egypt’s leading industrial manufacturing companies focused on supporting local industrial development and advanced technology solutions, signed a Strategic Letter of Intent (L…
Riyadh – Ford is the new gold standard for mass market new vehicle quality in America, ranking as the top mainstream brand in the closely watched JD Power 2026 U.S. Initial Quality Study (IQS) — an achievement 16 years in the making.The company surpassed the industry’s traditional mass market leade…
Reinforcing their shared commitment to supporting Oman's economic diversification and empowering the private sector, Alizz Islamic Bank has signed a Memorandum of Understanding (MoU) with Development Bank to launch a Financing Guarantee Programme aimed at facilitating access to financing for Omani…
Eman HamedEgypt plans to connect 2,200 megawatts (MW) of renewable energy capacity and 1,300 megawatt-hours (MWh) of battery energy storage systems (BESS) to the national electricity grid during 2026, Electricity and Renewable Energy Minister Mahmoud Esmat said on Tuesday.The announcement was made…
