Mamo, a leading payments solutions provider in the UAE, announced a strategic partnership with CredibleX to introduce a credit card offering for small and medium-sized enterprises (SMEs) in the UAE. This partnership will help businesses address critical gaps in their working capital needs, and will provide a lifeline to those that operate in specific sectors […]
Alef Education Holding Plc (Alef Education), an award-winning AI-driven learning solutions provider based in Abu Dhabi, has announced its financial results for the period ending 30 September 2024. It marks Alef Education’s second set of results since its successful IPO in June 2024. Alef Education reported an 8% increase in adjusted profit before tax to […]
Bayut and the Dubai Land Department are celebrating the remarkable success of their collaborative property valuation tool, TruEstimateTM. Since its summer launch, TruEstimateTM has surpassed an impressive milestone, with over 100,000 reports generated, underscoring the immense demand for accurate property valuation tools in the market. TruEstimateTM combines Bayut’s cutting-edge technology with the DLD’s comprehensive property data to offer real-time, data-driven property […]
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has renewed its strategic partnership with WebBeds, the premier global marketplace for the travel trade, expanding its scope to over 30 markets and aiming for a 25% year-over-year increase in the number of hotel guests. This expansion will not only focus on Abu […]
PureHealth Holding PJSC (“PureHealth” or “the Group”) (ADX Symbol: PUREHEALTH), the largest healthcare group in the Middle East, today announced its financial results for the nine month period ending September 30, 2024. PureHealth recorded a 56% year-on-year increase in revenue to AED 19 billion, while EBITDA grew by 26% year-on-year to AED 3.1 billion, achieving […]
PIF and Google Cloud today announced a strategic partnership to create a new global artificial intelligence (AI) hub. The new AI hub will be based near Dammam, in Saudi Arabia’s Eastern Province. The landmark partnership, which was signed at the Future Investment Initiative 8th Edition (FII8), further establishes Saudi Arabia as a global hub and […]
Abu Dhabi Islamic Bank’s (ADIB) Board of Directors announced today the appointment of Mohamed Abdelbary as ADIB’s Group Chief Executive Officer effective immediately. Mohamed Abdelbary has served as the acting CEO since March 2024, successfully leading the bank growth strategy and achieving strong financial performance with net profit before tax growing 33% in the […]
Nukta, a cutting-edge digital content platform, is thrilled to announce its official launch. Headquartered in Dubai, Nukta is set to revolutionize the way stories are told across the Middle East, South Asia, and beyond. With a strong focus on stories that matter, Nukta covers everything from the latest current affairs to deep-dive features across diverse […]
FAB Private Banking, a division of First Abu Dhabi Bank (FAB), has partnered with financial technology firm Gilded to launch an innovative new physical gold product – with clients now able to purchase and own institutional quality gold in a simple, secure, and convenient way. Gilded is a leading financial technology firm specialising in making […]
In a move to accelerate digital transformation across key industries, Rierino and OptimIT have announced a strategic partnership aimed at empowering organizations with cutting-edge tools and expertise. This collaboration will focus on delivering high-impact, tailored solutions that address the complex challenges faced by businesses and public sector entities primarily in Eastern Europe. By combining Rierino’s […]
