LTIMindtree strengthens presence in Saudi Arabia

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announces the inauguration of its regional headquarters in Saudi Arabia’s capital, Riyadh, as part of the expansion in KSA and the Middle East. The opening of this office is in line with the KSA government’s Regional Headquarters Program and a key milestone enabling […]

Shorooq Partners leads $5mln investment in Roamless, its first venture in Türkiye

Shorooq Partners, a leading investment firm in the Middle East and North Africa, has announced a significant investment in Roamless, a U.S.-based company with a leadership team in Türkiye. This investment, totaling USD 5 million, was part of Roamless’s Seed round, which also saw participation from Revo Capital, Paribu Ventures, Finberg, and Deba Ventures. This […]

Premier Padel announces multi-year partnership with Qatar Airways

Premier Padel, the leading official professional padel tour worldwide, is delighted to announce a new multi-year partnership with Qatar Airways, which will see the multiple-award winning airline become the ‘Title Sponsor’ of Premier Padel. As part of this significant agreement, the official tour will be renamed the ‘Qatar Airways Premier Padel Tour’, with the season’s […]

Botim launches Udhiya service for home delivery and charity options available

Botim, in collaboration with Dhabayeh Al Emarat, is excited to introduce an innovative Udhiya service for Eid Al Adha 2024. This new feature provides on-demand home delivery of sheep and goats, adhering to the Islamic tradition of Udhiya, and offers a more simplified experience for customers across the UAE. With Botim’s new service, customers can […]

Abu Dhabi is building partnerships to attract investments, tackle global food shortages and water scarcity

Abu Dhabi is paving the way for international investors to capitalise on opportunities provided by the recently launched AgriFood Growth & Water Abundance (AGWA), which is tapping into a USD 21.08 trillion (AED 77.4 trillion) industry with immense potential for growth and job creation. Since the launch of AGWA last week by His Highness Sheikh […]

AWS announces $230mln commitment for generative AI startups

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) […]

Emirates Development Bank and Commercial Bank of Dubai forge strategic partnership to facilitate international trade

Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, and Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, have formally announced a strategic partnership aimed at enhancing international trade services. This collaboration will combine EDB’s extensive client base and robust financial operational capabilities with […]

The UAE AI’s office and Rittal sign MOU to enhance the digital infrastructure and pioneering the future

The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office and Rittal FZE (Subsidiary of RITTAL GmbH & Co. KG, Herborn, Germany), a leading global provider of solutions for industrial enclosures, power distribution, climate control, and IT infrastructure, have signed a Memorandum of Understanding (MOU). This partnership aims to collaborate on various AI initiatives, […]