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Emirates NBD has made headlines by becoming the first bank in the UAE to introduce Visa+, a service designed to simplify international money transfers. In collaboration with Visa, a prominent player in digital payments, the bank aims to provide its customers with a faster, secure, and more efficient method to send money to Visa cardholders...
BKN301 Group, a fintech company specializing in Banking-as-a-Service (BaaS), has successfully closed a capital increase of $23.8 million. This funding aims to support the company’s global expansion, particularly into the United Arab Emirates and Saudi Arabia, while also enhancing its proprietary BaaS Orchestrator platform. The investment round was underwritten by key players, including CDP Venture...
Burjeel Holdings has officially launched the Genetics and Rare Disease Center, aiming to enhance healthcare access for patients with rare and genetic diseases in the MENA region. The center is strategically located within Burjeel Medical City (BMC), a leading quaternary care hospital. It provides comprehensive, integrated care and state-of-the-art services for individuals affected by these...
The NEOM Investment Fund (NIF), the investment arm of NEOM, has announced a strategic investment in Liberation Labs, a leader in precision-fermentation biomanufacturing. This partnership aims to establish an advanced precision-fermentation facility in Saudi Arabia that will support Topian, NEOM’s food company, in developing novel food production methods. Liberation Labs is known for creating biomanufacturing...
Siemens Healthineers has successfully concluded its Innovation Capacity Building Program in Saudi Arabia, which took place from February 5 to February 20, 2025. This program aimed to enhance local innovation expertise and foster collaborations with universities, hospitals, startups, and key stakeholders, including Monshaat, the Small and Medium Enterprises General Authority. A total of 40 participants...
Dubai Chambers recently welcomed a high-level delegation from the General Confederation of Moroccan Enterprises (CGEM) to discuss potential cooperation between the two entities. This meeting highlights the commitment of both organizations to strengthen business ties and enhance economic collaboration. During the discussions, key areas of focus included trade, investment opportunities, and ways to support businesses...
dnata, a provider of air travel and ground services, has announced that it is currently working on three major infrastructure projects costing $110 million. This initiative is part of the company’s ongoing efforts to enhance its operations and support the growing needs of the aviation sector. The projects aim to improve facilities and services as...
M37Labs, recognized globally for its enterprise-grade AI solutions, has announced its expansion into the UAE market through a strategic partnership with The Dream Earth UAE. This collaboration aims to enhance AI-driven business innovation throughout the region, marking a significant step in M37Labs’ efforts to leverage the UAE’s growing AI sector. The UAE’s AI market is...
Mercer Talent Enterprise has announced its participation as a Gold Sponsor for the 11th Annual HR Tech MENA Summit, which will be held on May 13-14, 2025, at W Dubai – The Palm. This summit marks a decade of significant advancements in human resources technology across the MENA. The event aims to highlight innovations and...
du, a leading telecom and digital services provider, has announced its role as the headline sponsor of the DCD Connect MENA event, scheduled for April 15-16, 2025. This sponsorship aims to reinforce du Tech’s position as a national hyperscaler within the data centre industry, focusing on AI-enabled and liquid cooling data centres to drive the...