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Business

Global Financial Community Optimistic to Overcome Market Challenges and Build Stronger, Tech-Driven, Sustainable Future Economy

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) has concluded in Riyadh, with a mood of optimism and energy to overcome market challenges to build a stronger, technology driven and sustainable economy of the future. Over 3200 participants from 82 countries, and 180 media, assembled in the Saudi capital […]
Business GCC UAE

Regional Conference of WMO’s Regional Association II (Asia) Concludes in Abu Dhabi

Abu Dhabi, United Arab Emirates — The Regional Conference (RECO) of WMO’s Regional Association II (Asia), hosted by the National Center of Meteorology (NCM), concluded today in Abu Dhabi by issuing a high-level statement in support of the UN initiative ‘Early Warning for All’. The statement highlighted the urgent need to build national and community […]
Business

ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis

NEW YORK & LONDON & TEL AVIV, Israel — ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, today announced it is experiencing heightened demand for its sophisticated SONAR SaaS AI solution that can help maintain smooth and uninterrupted cross-border money transfers amid the latest banking crisis.
Business

Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100

HONG KONG — Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria. The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 […]
Business GCC Saudi Arabia

Leaders of the Global Financial Community Outline Positive Outlook for Sector as Financial Sector Conference Opens in Riyadh

RIYADH, Saudi Arabia — The second edition of the Financial Sector Conference (FSC 2023) opened today in Riyadh, welcoming over 3000 participants from around the world to discuss the way ahead for the global financial community under the conference theme of “Promising Financial Prospects.” Welcoming delegates to the conference Saudi Minister of Finance HE Mohammed […]
Business

Anxinsec Highlighted An Innovative and All-in-one Solution for Endpoint and Workload Protection at X-LABS Stage.

Dubai, United Arab Emirates — ANXINSEC is participating in the GISEC Global 2023, the leading gathering ground for the cybersecurity community worldwide. As a leading brand of memory security, Anxinsec shares insights about advanced threats and introduces “An innovative and all-in-one solution for endpoint and workload protection.” “0-day vulnerabilities have increased by
Business

Mastercard Launches Legacy Book Celebrating 25 Inspiring Women and Their Trailblazing Stories

Dubai, United Arab Emirates —Bringing together the journeys of some of the world’s most inspiring female leaders in arts, sports, politics, hospitality, financial services and beyond, Mastercard has unveiled a coffee-table book, ‘Lasting Legacy – Honoring 25 Visionaries to Celebrate 25 Years of Priceless’. Launched during Women’s Month 2023, the book marks the 25th
Business GCC Saudi Arabia

Biban 2023 powers the future of Saudi entrepreneurship with the launch of $13.8 billion-worth of agreements and initiatives

Riyadh, Saudi Arabia — Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community. Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi […]
Business GCC Saudi Arabia

Saudi-Based Company White Helmet Named 2022 Entrepreneurship World Cup Champion

Riyadh, Saudi Arabia — After four days of fierce competition, with 100 up-and-coming startups representing 53 countries, one has emerged the victor of the Entrepreneurship World Cup (EWC). White Helmet, a company that provides a platform to manage and monitor construction operations remotely, from anywhere and at any time, returns home with a US$300,000 share […]
Business

Dar Group acquires CopperTree

Dubai, United Arab Emirates — Dar Group has acquired a majority stake in CopperTree, a Canadian-headquartered provider of building analytics solutions. The deal will see CopperTree join the Dar Group of companies. Acquiring CopperTree will enable Dar Group to grow its market share and provide a more integrated digital service offering across its core markets, […]