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February 24, 2025
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AM Best Named Rating Agency of the Year at 2023 Insuretek International Conference in Dubai

LONDON — AM Best is pleased to announce that it has received the award for Rating Agency of the Year at the 2023 Insuretek International Conference and Golden Shield Excellence Awards, held recently in Dubai. Accepting the award was Vasilis Katsipis, general manager, market development, representing AM Best’s Dubai office. “AM Best has a long-standing presence […]
Business

Al Ansari Financial Services records more than 30% growth

Dubai, UAE – 4 April 2023: Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, is pleased to announce that during the first quarter of 2023, Al Ansari Exchange’s digital channels recorded more than 30% growth in digital remittance transactions compared to the same period last year.  In March […]
Business

ICAI Dubai Chapter announces 2023-24 Roadmap

Indian Chartered Accountants are playing a great role in UAE’s growing economy as more than 8,000 Indian Chartered Accountants now manage the financial affairs of large business houses, according to senior government officials, who spoke at a major conference titled: Bridging the Gap: Health and Wealth, organised by the Dubai Chapter of the Institute of […]
Business

LAVAZZA GROUP: 2022 REVENUES TOTAL €2.7 BILLION

Turin, April 3, 2023 – Lavazza Group has announced its 2022 financial results and the completion of its acquisition of French coffee company MaxiCoffee, an operation first reported on November 28, 2022. Turning to operational performance in 2022, Lavazza Group reported positive results and profitability in line with the previous year, despite the particularly complex […]
Business

Bidgely Partners with Moro Hub

Dubai, UAE, 3 April 2023:  Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC) has signed an agreement with Bidgely, that aims to accelerate a clean energy future by enabling utilities and consumers to make data-driven energy decisions. The agreement was signed between Mr. Mohammad Bin Sulaiman, […]
Business

Bidgely Partners with Moro Hub to Deliver AI-Powered Energy Insights for Enhanced Customer Engagement

DUBAI, United Arab Emirates & LOS ALTOS, Calif. — Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC) has signed an agreement with Bidgely that aims to accelerate a clean energy future by enabling utilities and consumers to make data-driven energy decisions. The agreement was signed between Mr. Mohammad
Business

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

SAN FRANCISCO —Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, today announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and decision-makers in
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

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