Abu Dhabi UAE — Hub71 startup, Maalexi, an Abu Dhabi-based agricultural trade technology company has signed a strategic alliance agreement with RXIL Global IFSC Limited (RXIL Global), an International Trade Financing Services (ITFS) platform regulated by the International Financial Services Centres…
Riyadh, Saudi Arabia: AstroLabs, the Gulf’s leading business expansion platform, has joined the Riyadh Creative District (RCD) to launch its new offices for the creative and media sector at King Abdullah Financial District (KAFD). The opening marks the next phase in the growth of Riyadh’s creative…
DUBAI, UAE: Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand the global reach of its Quick Remit solution, enabling Mashreq’s customers to transfer money abroad through its digital banking channels. Through this collabora…
Muscat: Sharakah, Oman’s leading SME development company, has signed an agreement with Snow Vehicle SPC, a company specialising in the rental of small refrigerated vehicles used for transporting perishable cargo.The agreement provides Snow Vehicle SPC with a Shariah-compliant funding solution from…
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has signed a strategic agreement with Dubai Islamic Bank (DIB) to boost sustainable real estate financing. The agreement was formalised at the bank's inaugural sector-specific sustainability roundtable, "Unlock…
Cairo: Alameda Healthcare Group, the leading private healthcare provider in Egypt, in collaboration with Siemens Healthineers, hosted “Leading the Future of Oncology with Precision and Partnership”, a strategic gathering that brought together healthcare leaders, business partners, and industry sta…
Dubai, UAE – Aster DM Healthcare has announced the launch of its comprehensive, group-wide women’s health programme designed to redefine how women in the UAE experience healthcare across every stage of life.Under a unified vision, the Group has introduced “Care for Her” by Aster Hospitals & Clinics…
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the appointment of Mr Razi Almerbati as Chief Executive Officer of the Bank, in addition to his position as a member of the Bank’s Board of Directors. Mr Almerbati will assume his du…
Majda MuhsenIraq plans to sign contracts for 25,000 megawatts (MW) of new electricity generation capacity during the current year as it increases investment in the power sector under its 2027 budget preparations, Prime Minister Ali Faleh Al-Zaidi said.Chairing the eighth regular Cabinet meeting on…
Staff WriterThe executive director of the Investment and Technology Promotion Office (ITPO) of the United Nations Industrial Development Organisation (UNIDO) in Bahrain Hashim Hussain has revealed a proposal to establish an international fund with an initial budget of BD40 million to support the su…
Cairo – Madinet Masr (EGX code: MASR.CA), has announced the purchase of treasury stocks, which was approved by the Board of Directors on June 28, 2026. The program aims to purchase up to 2% of the company’s total shares.Madinet Masr will purchase 42.7 million shares, representing 2% of its total sh…
Staff WriterThe Bahrain Economic Development Board (Bahrain EDB) has concluded a strategic five-day visit to China and Hong Kong, reinforcing the kingdom’s economic ties with one of the world’s most dynamic regions.Held from June 22 to 26, the visit featured a series of high-level engagements with…
Amna Lootah: “We seek to enable Korean companies to understand halal market requirements and build commercial partnerships that support their growth in the UAE and the entire region.”Philjae Park: “We look forward to expanding channels of cooperation to enable Korean companies to benefit from the g…
Dubai, UAE: Tomorrow World Properties has officially appointed SKR Building and Contracting (SKR) as the main contractor for its new premium development Tomorrow 166, located on Dubai Islands. The milestone agreement follows a formal signing ceremony held at the developer’s Sales Gallery in Ubora T…
Dedicated specialists will support customers with eligibility guidance, documentation and application submission through an accredited visa providerDubai, UAE: Dubai Holding Real Estate has introduced a dedicated Golden Visa and investor residency facilitation service at the Meraas and Nakheel sale…
Network’s agile and scalable platform to streamline Majid Al Futtaim’s vast payments operationsUAE: Network International (Network), a leading fintech company across the Middle East and Africa, enters a strategic partnership with Majid Al Futtaim, a leading shopping mall, communities, retail, and l…
DUBAI,: Expo City Dubai has signed an agreement with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to introduce tailored mortgage and home financing solutions designed to support buyers across its diverse residential portfolio.The partnership ref…
AuM in 2025 represents a 10% growth from 2024Dubai, UAE – Assets under management (AuM) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG). The findings, released…
N. SaeedIraq aims to raise its crude oil production to 7 million barrels per day (bpd) within the next three years, Prime Minister Ali al-Zaidi has said.Speaking to Sky News, Al-Zaidi noted that Baghdad has already presented the production target to US energy companies as it seeks greater investmen…
N. SaeedKuwait’s Al-Na'ayem Industrial City project has reached 15 percent completion and is scheduled for handover in 2032, a local newspaper reported on Monday.Al-Seyassah quoted officials as saying that the establishment, operation, and maintenance of the infrastructure for Al-Na'ayem Industrial…
