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January 11, 2025
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Business

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

DUBAI, United Arab Emirates — Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition –
Business

SRMG launches new venture capital arm, SRMG Ventures, with first investments in regional content studio and immersive platform companies

Riyadh, Saudi Arabia — SRMG, a global integrated media group, yesterday announced the launch of its corporate venture capital arm, SRMG Ventures. In line with SRMG’s transformative growth strategy, SRMG Ventures will invest in early-stage companies and technologies within the core target areas: media creators, digital media, media enablers and tools, including generative
Business

Zayed Sustainability Prize Launches New Category to Accelerate Climate Solutions and Protect the Planet for Future Generations

Abu Dhabi, United Arab Emirates — The Zayed Sustainability Prize, the UAE’s pioneering global award for recognising excellence in sustainability, has launched a special category called ‘Climate Action.’ This new category is aimed at recognising and promoting innovative solutions that address climate change and protect the planet’s natural resources. The launch of the
Business

PowerSchool Introduces International Localization Framework to Support Growing Global Customer Base

FOLSOM, Calif.— PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced it is in later stage development of localization features for customers to use in their regions developed under PowerSchool’s proprietary international framework. The upcoming release enables out of box support for
Business GCC UAE

Abu Dhabi University signs MoU with Atkins to enhance collaboration in nuclear and energy sectors

Abu Dhabi, United Arab Emirates — Abu Dhabi University (ADU), one of the leading academic institutions in the Middle East and North Africa (MENA) region, has signed a memorandum of understanding (MoU) with Atkins, the leading global design, engineering and project management consultancy, that aims to enhance academic cooperation and exchange of scientific expertise between
Business

Ecoppia Expands its Global Presence with 4 New Projects in Spain and Chile with Matrix Renewables

TEL AVIV, Israel — Ecoppia, world’s leader in robotic cleaning solutions has announced an agreement to deploy its robotic solutions in 4 projects developed by Matrix Renewables, the TPG Rise-backed global renewable energy platform. This collaboration will mark Ecoppia’s first project in the Spanish region. Ecoppia will deploy two robotic models at these PV sites […]
Business

Ramadan – Road Safety Tips

Dubai, United Arab Emirates — During the holy month of Ramadan, it is sad to witness hundreds of accidents and dozens of fatalities every year. Ramadan is a very special time and it is all about being with the ones close to you, which creates a lot of traffic! This festive time also brings unique […]
Business

GE Wins New Order for TM2500 Technology

Yemen – March 27, 2023 –GE (NYSE: GE) today announced an order for fast, and flexible power from Yemeni state-owned Masila Petroleum Exploration and Production Company (PetroMasila), which operates the exploration and production of oil in Yemen. Many oil field operators who flare associated gas – natural gas found in a mixture with crude oil […]
Business GCC Saudi Arabia

CyberArrow and Mobily Announce Partnership to Strengthen Cyber Security Compliance in Saudi Arabia

Riyadh, Saudi Arabia — CyberArrow, a leading cyber security compliance automation provider, and Mobily, one of the largest telecommunications providers in Saudi Arabia, today announced a new partnership to enhance cyber security compliance and awareness for businesses in the region. As cyber threats continue to increase in frequency and sophistication, it is crucial for
Business

Unifonic expands presence with office in Pakistan

March 27th, 2023 – Unifonic, a leading customer engagement platform in the Middle East, has inaugurated its new office in Lahore, Pakistan. This is a strategic step in Unifonic’s expansion plans, which demonstrates its dedication to meeting the needs of companies in the MENA region and beyond. With this new office, Unifonic aims to establish […]
Business GCC Saudi Arabia

Saudi Re Year 2022 Premiums

(RIYADH): The Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to $15 million compared to 14.19 million last year, with an increase of 6.4 percent. The Company’s 2022 results also recorded a rise in its sales by 26 percent, reaching […]

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