The “2024 Saudi Arabia Venture Capital Report” revealed that Saudi Arabia achieved a record number of 178 venture capital (VC) deals in 2024, accounting for 31% of the MENA region’s total number of deals. The Kingdom also maintained its first rank across the MENA region in terms of VC funding for the second year in […]
Category: LATEST NEWS
Ecocoast opens new factory in Saudi Arabia to support Vision 2030 and strengthen local operations
Ecocoast, committed to building safer, cleaner and more sustainable coastlines and waterways, is pleased to announce the opening of its new factory in Yanbu Industrial City, Saudi Arabia, which is operated by the Royal Commission for Yanbu. Strategically located along the Red Sea coast, this facility marks a significant milestone in Ecocoast’s growth, further aligning […]
Launch of “Investcorp Wealth” mobile App
Photo: Yasser Al Khaja, Head of Projects & Business Management, Investcorp Private Wealth. Investcorp, a leading global alternative investment firm, is pleased to announce the wider launch of its innovative application, Investcorp Wealth. Previously available only to existing Investcorp clients, the application has now been rolled out widely, offering all qualified investors, should they become […]
Sobha Realty records historic AED 23bln in sales for 2024
Sobha Realty, a leading global luxury real estate developer renowned for its commitment to exceptional quality and innovation, concluded 2024 with record-breaking sales of AED 23 Billion – of which AED 5 Billion from Sobha Siniya Island that was launched in Q3 2024. This milestone underscores the growing demand for Sobha Realty’s luxurious developments. The […]
CyberHive joins forces with UAE-based Meerana to develop cyber security solutions to protect against online threats
CyberHive, a leading UK-headquartered global cyber security company with a regional head office in Dubai, has signed a Memorandum of Understanding (MOU) with UAE-based technology Meerana. The strategic collaboration aims to drive technological excellence and ensure a more secure digital future for organisations worldwide. Facilitated under the sponsorship of Dubai Chambers, CyberHive and Meerana inked […]
ADIB launches the region’s first personal finance management tool on mobile app
Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, has launched the region’s first personal finance management tool, the ADIB Money Management Tracker, in partnership with Lune, an Emirati fintech company. This innovative offering, is set to change how customers manage their personal finances, allowing them to gain more control and insight […]
Virtuzone acquisition by Ascentium marks strategic move towards Middle East expansion
Virtuzone, the UAE’s leading and award-winning provider of company formation solutions, corporate services, and tax consultancy, announced its acquisition by Ascentium, a Singapore-based global business services platform supporting over 20,000 active clients across 25 cities and nine markets in the Asia Pacific (APAC) region. This pivotal acquisition—which includes Virtuzone’s sister companies Taxready.ae, Next Generation Equity, […]
Taly and Just2Pay partnership: A step towards a more efficient & secure digital payments future
Taly and Just2Pay, two leading companies in Egypt’s digital payment sector, are excited to announce the signing of a Memorandum of Understanding (MoU) aimed at enhancing technological integration and delivering innovative solutions to support digital transformation in payment operations. This strategic partnership is set to revolutionize the payment ecosystem in Egypt, offering seamless, secure, and […]
42 Abu Dhabi opens first round of admissions in 2025 for tuition-free coding program
42 Abu Dhabi, the UAE capital’s innovative and disruptive coding academy that provides a unique peer-to-peer, gamified learning methodology, has opened applications for candidates to register and join its upcoming intense coding boot camp called ‘Piscine’, which will be held on the 3rd of February. Students who succeed in the Piscine will join the academy […]
Sky Links Capital secures prestigious securities and commodities authority UAE license
Sky Links Capital Group is proud to announce a major milestone in the company’s journey with the successful acquisition of the Securities and Commodities Authority (SCA) license in the United Arab Emirates. This significant achievement marks a key step forward in the company’s commitment to providing cutting-edge financial services, maintaining the highest standards of compliance, […]