MENA

Sustainability GCC Lifestyle Oil & Gas UAE

ADNOC to develop Habshan CO2 capture project in Abu Dhabi

Arnold Pinto 07/09/2023

The project will store 1.5 mtpa of carbon dioxide deep underground Abu Dhabi National Oil Company (ADNOC), the leading global energy producer, will develop the Habshan carbon capture project, one of the most significant projects in the Middle East and North Africa (MENA) region. The Abu

Health Events Lifestyle

People of Determination to be the focus at AccessAbilities Expo

Arnold Pinto 05/09/2023

2,297 rare diseases afflict Arab countries’ residents A medical conference, scheduled as a part of the fifth AccessAbilities Expo being held at Dubai World Trade Centre, Dubai City, from October 9-11, 2023, will put the spotlight on the UAE’s efforts to increase medical care and rehabilitation for People of Determination in the Gulf country. AccessAbilities […]

Tech Business

Mastercard and Qashio in new push to digitise business payments in the MENA region

Arnold Pinto 28/08/2023

Mastercard, a global payments provider, has partnered with Qashio, a UAE-based fintech company, to launch virtual credit cards for SMEs and other businesses in the Middle East and North Africa (MENA) region, beginning with the UAE. The partnership seeks to make expense management cashless, transparent, and flexible for SMEs and other businesses in the MENA […]

Banking GCC UAE

Saxo Bank unveils new maternity and paternity leave policy for its UAE staff

Arnold Pinto 23/08/2023

Saxo Bank has introduced a comprehensive maternity and paternity leave policy for its UAE-based employees. The new policy went into effect on June 1, 2023, as part of the Copenhagen, Denmark-headquartered bank’s endeavour to create a progressive workplace for its UAE-based staffers and support their personal lives. The new maternity and paternity leave policy for […]

Business

Hikma and Rakuten Medical sign exclusive licensing agreement for AlluminoxTM platform cancer treatment for the Middle East and North Africa

Middle East News 247 11/08/2023

London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive licensing and commercialisation agreement with Rakuten Medical, Inc. (Rakuten Medical), a global biotechnology company developing and commercialising precision, cell targeting therapies based on its proprietary Alluminox™ platform. Under

Business

Talmix and Khibraty Join Forces to Revolutionize On-Demand Business Talent in the MENA Region

Middle East News 247 20/06/2023

LONDON, England & AMMAN, Jordan — Talmix, the global business talent marketplace, and Khibraty, the leading MENA digital matchmaking marketplace for expertise, today announced a strategic partnership to provide businesses in the MENA region with an unparalleled approach and experience for accessing business and consulting talent. This partnership reflects the

Business

Global Wealth Conference partnership Drives Economic Growth with new $5 Billion MENA- Focused Megafund

News Desk 19/06/2023

Abu Dhabi, UAE, June 2023 – The Global Wealth Conference (GWC) organized by the Sovereign Wealth Fund Institute (SWFI) last week in London has emerged as a pivotal driver of investment evolution in the MENA region. Taking center stage was the announcement of a new $5 billion ‘MEGAM’ fund, a collaboration between US-based Patel Family […]

Business

DMS Joins Forces with Footballco, Pioneering Innovative Football Content Solutions in MENA

Middle East News 247 14/06/2023

Dubai, United Arab Emirates — Digital Media Services (DMS), the digital arm of Choueiri Group has been appointed as the Exclusive Media Representatives for global football content and media business, Footballco which is home to the two most popular digital football media brands in MENA, Kooora and GOAL. DMS, alongside Footballco’s Dubai-based commercial team, will […]

Business

Ookla’s Second Annual MENA Telecommunications Regulatory Summit Unites Policymakers on the Future of Connectivity

Middle East News 247 13/06/2023

SEATTLE — Ookla®, an internationally recognized leader in network measurement and connectivity intelligence, concluded its second annual Telecommunications Regulatory Summit in the Middle East & North Africa region, bringing together distinguished regulators from Jordan, Palestine, Iraq, Qatar, Bahrain, and Libya. Co-hosted by the Telecommunications Regulatory

Tech

HyperPay discusses the future of fintech in MENA at World Fintech Summit 2023

News Desk 13/06/2023

June 13, 2023- HyperPay, one of the leading payment gateway providers in the region, discussed the future of technology and fintech in the MENA region, and showcased its range of innovative solutions at the World Fintech Summit 2023. The event brought together 300+ professionals and speakers from across the fintech, banking, payments, and regulatory ecosystems […]

Business

UAE’s leading business payments startup, Mamo, selects Checkout.com to fuel startup growth across MENA

News Desk 01/05/2023

DUBAI, UAE — May 1, 2023: Global payments provider Checkout.com has entered an agreement withMamo, the fintech powering payments for SMEs across MENA, making  Checkout.com the payments provider of choice for their flagship product Mamo Business.This deal further supports Mamo’s mission to accelerate the growth of SMEs in the MENA region’s flourishing digital economy.

Business

STARZPLAY to stream Sky News Arabia content

News Desk 28/04/2023

Abu Dhabi, UAE; April 28, 2023: STARZPLAY, ranked consistently among the region’s top three subscription video on demand services, today announced it has signed a landmark deal with Sky News Arabia, a leading pan-Arab news network. The channel carriage deal adds Sky News Arabia to the growing roster of news and entertainment available on STARZPLAY. […]

NEWS DESK

CABSAT’s MENA Co-Production Salon returns for a second edition

News Desk 17/04/2023

Dubai, April 17, 2023 CABSAT, the flagship event for broadcast, media, satellite, and entertainment industries, is once again teaming up with HConsult to host the second annual MENA region Co-Production Salon at the show’s upcoming edition, which takes place at the Dubai World Trade Centre from May 16-18, 2023. The Co-Production Salon builds on the […]

NEWS DESK

FINANCIAL RESTRUCTURING MENA CONFERENCE

News Desk 03/03/2023

Abu Dhabi, UAE – March 2023: The Financial Restructuring MENA Conference, hosted by Abu Dhabi Global Market (ADGM), under the strategic partnership of Bankruptcy Commission Saudi Arabia, will convene large corporates, family offices, MENA’s largest banks by assets and key stakeholders to address corporate insolvencies and debt restructurings in the wider MENA region from

Business

A New Era for Online Payment Authentication: areeba to Introduce Biometric Reading in MENA

Middle East News 247 01/03/2023

ZÜRICH — Areeba sal, the leading payment processing service provider in the Middle East is strengthening its partnership with the Swiss payment expert, Netcetera. This partnership started in 2020 with the implementation of the latest 3-D Secure protocol, supported by Netcetera’s Access Control Server (ACS). Today, in cooperation with Netcetera, areeba introduces

Business

Twiser to Exhibit its OKR and Next Generation Performance Management Solutions at the HR Tech MENA Summit

Middle East News 247 28/02/2023

DUBAI, United Arab Emirates — Twiser is one of the sponsors of the 9th Annual HR Tech MENA Summit on March 1-2, 2023, which is one of the region’s leading HR tech events. Excited to network with industry leaders, Twiser is pleased to be able to demonstrate its modern HR and tailored OKR (Objectives and […]

Business GCC Saudi Arabia

Clarity AI signs MoU with the Saudi Tadawul Group to Increase Access to Sustainability Assessment, Analysis and Reporting Capabilities for Companies in MENA

Middle East News 247 14/02/2023

RIYADH, Saudi Arabia — Clarity AI, the leading global sustainability tech platform, has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group, the largest stock exchange in the Middle East and North Africa (MENA) region with a market capitalization nearing $3 trillion, to facilitate the education of companies in the Kingdom of Saudi […]

NEWS DESK Education

KITMEK Launches the World’s First Interactive Digital School

News Desk 02/02/2023

UAE, 2nd February 2023: KITMEK is revolutionizing and reinventing the Future of Education by changing the way kids learn on a whole new level at the World’s First Interactive Digital School with AI teachers. The avatar based school is built on a gaming platform to keep the child engaged and motivated to learn more. With […]

Business

Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking

Middle East News 247 24/01/2023

NEW YORK & RIYADH, Saudi Arabia — Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm’s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh […]

Business

Venture debt funding in MENA crosses USD 260 million

News Desk 24/01/2023

United Arab Emirates, 24 January 2023: SHUAA Capital psc (DFM: SHUAA), the region’s leading asset management and investment banking platform, and MAGNiTT, the largest verified data platform tracking venture capital investments across emerging markets, today released the 2022 MENA Venture Debt Investment Report. The report maps the evolution of venture debt funding in the