MENA

NEWS DESK

The Surpluss wins 2023 London Business School’s MENA Startup Competition

News Desk 1 11/10/2023

The Surpluss, world’s first B2B platform for industrial asset exchange, has won the London Business School (LBS) MENA Startup Competition 2023 at the AstroLabs Academy Campus in Dubai last night. The Surpluss is an innovative enterprise offering cross industrial collaboration that aims to

NEWS DESK

Hikma and CanariaBio sign exclusive licensing agreement to bring Oregovomab to the Middle East and North Africa

News Desk 1 10/10/2023

London, United Kingdom – Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with CanariaBio, a Korean biopharmaceutical company focused on the development and commercialization of immunotherapies for cancer. Under the terms of the agreement, Hikma has an exclusive license to commercialise Oregovomab

NEWS DESK

MRDS Group on track for strong year-over-year growth in 2023

News Desk 1 04/10/2023

MRDS Group, a leading project management, inspection, repair, and overhaul services provider for oilfield drilling and marine equipment, is on track to experience significant year-on-year growth in the Middle East and North Africa (MENA) energy sector in Q4 of 2023 and into 2024. This projection is driven by the rapid expansion of MENA’s oilfield services […]

NEWS DESK

Hikma and Cosmo partner on exclusive licensing agreement for Winlevi® (Clascoterone) for the Middle East and North Africa

News Desk 1 02/10/2023

London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with Cassiopea S.p.A., a subsidiary of Cosmo Pharmaceuticals N.V. (Cosmo). Cosmo is focused on developing and commercialising products to treat selected gastrointestinal diseases and dermatological conditions. Under the terms

Business

Future Food Forum event set to study the MENA sector

News Desk 1 16/09/2023 0

F&B sector projected to reach AED347.39 billion in 2023 The UAE Food & Beverage Business Group, under the patronage of the UAE Ministry of Economy and Dubai Chamber of Commerce, will host the 5th edition of the Future Food Forum 2023 from September 20-21, 2023, in Dubai City. The Dubai Department of Economy and Tourism […]

Logistics Business GCC UAE

UK-based Zencargo to use UAE base for MENA expansion

Arnold Pinto 09/09/2023 0

Digital logistics provider joins UAE’s NextGen FDI programme Zencargo, a leading UK-based digital first freight forwarder and logistics provider, has launched its commercial operations in the UAE to scale up its MENA footprint. Founded in London in 2017 by Alex Hersham and Richard Fattal, Zencargo uses proprietary software to provide clients with an overview of […]

Sustainability GCC Lifestyle Oil & Gas UAE

ADNOC to develop Habshan CO2 capture project in Abu Dhabi

Arnold Pinto 07/09/2023 0

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 Dhabi-headquartered company made the announcement on September 6, 2023. […]

Health Events Lifestyle

People of Determination to be the focus at AccessAbilities Expo

Arnold Pinto 05/09/2023 0

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 0

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 0

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 2 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 2 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 2 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 2 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 2 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 2 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