The Ministry of Economy in the UAE has announced a partnership with Schneider Electric to enhance its NextGen FDI programme. This collaboration aims to scale climate-tech start-ups within the country, reflecting a commitment to fostering innovation in sustainable technologies. The partnership is expected to leverage Schneider Electric’s expertise in energy management and automation, enabling local...
AiVANTA, a Mumbai-based leader in marketing technology specializing in AI-powered personalized video solutions, has announced its expansion into Dubai. This strategic move is seen as a significant milestone for the company and aligns with the UAE’s efforts towards digital transformation. The expansion aims to strengthen AiVANTA’s presence in a region known for its innovation-driven economy...
Hatem Dowidar, the Group CEO of e&, recently discussed how the company is transforming itself into a global technology leader by integrating advanced technologies and innovative solutions. Central to e&’s strategy is a commitment to digital acceleration, which entails leveraging emerging technologies to enhance business growth and diversify revenue streams. The company is focusing on...
The rapid growth of generative AI (Gen AI) has significantly transformed enterprise technology over the past two years. This surge in demand for Gen AI is accompanied by heightened security risks, as the urgency to innovate can lead to compromises in security protocols. As malicious actors increasingly leverage Gen AI to enhance their attacks, securing...
SC Ventures, the innovation and fintech investment arm of Standard Chartered, has announced a partnership with Visa to enhance support for small and medium-sized enterprises (SMEs) across the Middle East and North Africa (MENA) region. The agreement, formalized through a Memorandum of Understanding (MoU) at the Visa Innovation Center in Dubai, aims to develop solutions...
A recent survey conducted by YouGov and commissioned by Zurich International Life Limited reveals that a 75 percent of residents in the UAE expect to receive a bonus in 2025. This figure marks an increase from 68 percent in 2024, indicating not only a rising optimism among residents but also a shift in financial behavior...
Emma Reynolds, the Economic Secretary to the Treasury, emphasized the significance of the United Arab Emirates (UAE) as a crucial economy for the United Kingdom. During her remarks, she expressed the UK’s intention to pursue more dual listings of UAE firms on the London Stock Exchange Reynolds acknowledged the strong economic ties between the two...
Humberts UAE has announced a strategic partnership with SmartProperty, an innovative financial and asset platform based in the USA. This collaboration marks Humberts as the first international provider of the Living Reserve Study, a significant development aimed at addressing critical service delivery gaps in the UAE’s Jointly Owned Property (JOP) sector. To further enhance its...
The Saudi Real Estate Refinance Company (SRC) has entered into a mortgage portfolio acquisition agreement worth SAR 3.4 billion with the Saudi National Bank (SNB). This agreement, one of the largest mortgage refinancing transactions in Saudi Arabia, aims to enhance market liquidity and support the development of the country’s secondary mortgage market. The contract was...
The telecom and digital services company du today announced the start of its Ramadan campaign with the moving theme “You Bring Life to Life.” The campaign includes the release of a touching campaign film, a promise to support several corporate social responsibility (CSR) projects, and special deals meant to make customers’ and the community’s lives...