Erad, a financing platform based in Riyadh, has successfully raised $16 million (equivalent to SAR 60 million) in a Pre-Series A funding round. This investment will be used to accelerate the company’s growth and expand its operations in Saudi Arabia, as well as other regional markets. The funding round was supported by a number of...
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a global leader in cyber security solutions, has announced its participation in GISEC Global 2025. As a Diamond Sponsor, Check Point will showcase its latest advancements in threat prevention and AI-powered security at Hall 6, Booth C113, alongside partners AWS, WIZ, Radware, and TechBridge. The company’s presence in...
Meta, the global technology leader, has partnered with Startupbootcamp to launch a new edition of the Llama Design Drive program aimed at accelerating agentic AI startups in the Middle East and North Africa (MENA) region. This collaboration comes at a time when the enterprise agentic AI market in the MENA region generated $102.2 million in...
The SANS Institute, a global leader in cybersecurity training and certifications, has announced the organization of two significant training events in the United Arab Emirates in May 2025. The events, SANS Abu Dhabi May 2025 and SANS Dubai May 2025, will take place from May 18 to 23 and May 25 to 30, respectively. These...
Bank of Sharjah has successfully completed the issuance of a $500 million, three-year Green Sukuk for Omniyat Holdings, serving as Joint Lead Manager and Bookrunner alongside other international and regional banks. This issuance attracted exceptional investor demand, with the order book being oversubscribed by 3.6 times, showcasing strong interest from international and regional investors. The...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with the President of the Republic of Ecuador, Daniel Noboa, on Wednesday. The two leaders discussed ways to enhance cooperation in various sectors, including economy, trade, renewable energy, sustainability, investment, tourism, and agriculture. The meeting aimed to foster mutual benefits and support development for...
The Sharjah Academy for Astronomy, Space Sciences, and Technology (SAASST), affiliated with the University of Sharjah (UoS), recently held an awareness event titled “Towards a Light Pollution-Free Sky in Sharjah.” This initiative aligns with the International Dark Sky Week 2025, a global campaign focused on preserving the natural darkness of the night sky while highlighting...
The Emirates Reprographic Rights Management Association (ERRA) conducted its third annual general assembly meeting as part of its participation in the Abu Dhabi International Book Fair 2025 (ADIBF). During this meeting, members assessed the association’s key achievements from 2024 and approved the proposed work plan and budget for 2025. This approval signifies ERRA’s ongoing commitment...
DP World Sokhna has reported a remarkable achievement, handling a record-breaking 285 000 TEUs (twenty-foot equivalent units) during the first quarter of 2025. This volume marks the highest quarterly throughput in nearly two decades since the port began operations. Credit: Government of Dubai Media Office The Government of Dubai Media Office highlighted that this significant...
In a significant development aimed at enhancing innovation and smart technology in the logistics sector, the Ports, Customs and Free Zone Corporation (PCFC) has officially launched a new initiative called “Digital Zero Four.” This initiative marks a pivotal shift in the approach to logistics and is expected to drive global technological advancements in the industry....