Dubai, UAE – KamelPay, the UAE-born fintech building integrated financial solutions for businesses and their workforce, has launched AbsoluteCard, a complete corporate payments ecosystem built for the way businesses spend, control and reconcile. AbsoluteCard brings together a web portal, a mobile a…
DUBAI, UNITED ARAB EMIRATES – Workday, Inc. NASDAQ:WDAY, the enterprise AI platform for HR, finance, and IT, today announced the appointment of Bernd Leukert to its EMEA Advisory Board, effective immediately. Leukert brings more than thirty years of experience in leadership roles at global technolo…
Staff WriterDAMAC Properties has topped out its 52-storey Harbour Lights, a residential waterfront development in Dubai Maritime City.The completion of the 243 million UAE dirhams ($66.17 million) tower’s superstructure brings the project a step closer to delivery, the developer said in a statement…
DUBAI, UAE: DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has reached a significant construction milestone with the topping out of the AED 243-million, 52-storey Harbour Lights – its waterfront development in Dubai Maritime City. The achievement marks t…
Dubai, United Arab Emirates – National Bank of Fujairah PJSC (NBF), one of the UAE's trusted banks, hosted the latest edition of its enterprise resilience knowledge-sharing series in partnership with Dubai Airport Freezone (DAFZ) and the Dubai Business Women Council (DBWC), bringing together more t…
Abu Dhabi, United Arab Emirates: BlueFive Capital, among the world’s fastest growing investment platforms[1], announced today that it has acquired a 70% stake in Gulf Cobla LLC, a UAE-based dredging and land reclamation company with a track record across the Middle East and South Asia.As part of th…
Staff WriterIndia’s Adani Enterprises and Abu Dhabi-listed International Holding Company (IHC) have signed a memorandum of understanding with the government of the Indian state of Odisha to invest $11.5 billion in a proposed greenfield aluminum project.The project will be one of India’s largest dir…
Dubai: Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai, has entered into a five-year agreement with Al Ghurair Centre to manage and enhance parking operations at one of Dubai’s most established retail destinations.The agr…
Dubai, UAE – Ducab, a leading UAE-based provider of energy solutions, has announced the appointment of Matteo Bavaresco as its new Group CEO, effective immediately. His appointment marks an exciting new chapter for the company as it looks to accelerate its regional and international growth, having…
Staff WriterThe UAE sovereign wealth fund is one of nearly two dozen major state-backed investors, asset management firms and funds investing in the IPO, including Singapore’s wealth fund Temasek, investment firms GIC and Oaktree, asset managers HK Greenwoods, UBS Asset Management (Singapore). Watc…
Dubai, UAE: Mashreq, a leading financial institution in the MENA region, has partnered with Sukoon Insurance to introduce a pioneering embedded insurance solution for its small- to medium-enterprise (SME) customers. Through this collaboration, businesses can seamlessly access Workmen’s Compensation…
UAE, Dubai – The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) announced a new landmark initiative aimed at supporting digital learning, implemented by The Digital School.The new initiative aims to benefit more than 500,000 people in six African countries: Mauritania, Nigeria, Lesotho…
Dubai, United Arab Emirates - Standard Chartered today announced the launch of its capability enabling institutional clients to access USDC minting and redemption, developed in partnership with Circle Internet Group, Inc. (Circle) NYSE:CRCL, the issuer of USDC[1] through its regulated entities.The…
UAE, Dubai: The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) announced a new landmark initiative aimed at supporting digital learning, implemented by The Digital School.The new initiative aims to benefit more than 500,000 people in six African countries: Mauritania, Nigeria, Lesotho, Z…
Dubai, United Arab Emirates - ALE International, operating under the trade name Alcatel-Lucent and The University of Manchester-Dubai, the Middle East branch of the leading global university, have signed a Memorandum of Understanding (MoU) for a new Strategic Talent Partnership focusing on higher e…
N. SaeedIraq will soon invite bids from foreign contractors to build the remaining piers in the southern Faw port, the official daily Al Sabah reported on Thursday.South Korea’s Daewoo E&C company has already completed the port’s five main jetties under a $2.6 billion contract it won in 2010.“The g…
Staff WriterRetal Urban Development Company has signed two agreements with ROSHN Group, the Public Investment Fund-owned giga-project developer, to develop 163 residential units in AlManar Community in Makkah.The total value of the deal is 123.83 million Saudi riyals ($32.98 million), the developer…
Riyadh, Saudi Arabia: Magna AI, the global integrated-value-chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by NVIDIA, today announced a strategic partnership with Naver Innovation Company…
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and Oumla have signed a Memorandum of Understanding (MoU) to advance digital innovation, accelerate technology adoption, and strengthen the digital transformation of the Islamic financial services industry.Signed at Oumla's h…
Arithmos Quantum Technologies Ltd. (AQT) confirms the formal conclusion of its 90-day real-world live validation programme within the Dubai AI Campus, DIFC.Independent production data has definitively verified the execution of predictive coherence within the firm’s empirical framework. All technica…
