Leading payment solutions provider Checkout.com has released phase two of its fourth annual report on digital commerce in the region, titled “The State of Digital Commerce in MENA 2024: Perspectives from the Leading Edge”. The report features thought leadership and insights from key players at the forefront of MENA’s digital economy who reflect on the […]
Category: LATEST NEWS
Employee benefits gap poses risks to retaining talent as 8 out of 10 GCC employees consider job changes
Employee benefits are becoming a decisive factor in attracting and retaining talent across the GCC, yet a deep divide persists between employer offerings and workforce expectations. According to new research, over 90% of employees across the GCC region rank employee benefits as a key factor in their job satisfaction, yet a significant number feel their […]
Dubai real estate sector records $4.8bln in transactions last week, highlighting soaring demand for luxury living
Dubai’s real estate market continues to make waves, with a staggering $4.8 billion worth of transactions recorded last week. Among the most noteworthy was the sale of a $28 million luxury apartment in Dubai Marina, underlining the city’s growing appeal as a haven for high-net-worth individuals (HNWI). The record-breaking figures reflect Dubai’s robust position as […]
Dubai Future Foundation and China’s NICE collaborate to drive innovation and tech advancements
Dubai Future Foundation (DFF) signed a Memorandum of Understanding (MoU) with China’s National Innovation Center par Excellence (NICE) to explore areas of collaboration to drive tech adoption and innovation. This strategic initiative aims to bolster Dubai’s global leadership in industrial innovation, attract investments, and enhance private sector participation in research and development. It will provide […]
Al Baraka launches a platform for its customers in Egypt and Turkey to promote and streamline their international business
Al Baraka Group, the Bahrain based leading Islamic financial and investment solutions provider, announced the expansion of its trade finance platform to cover customers of its two banking units Al Baraka Bank Egypt and Al Baraka Bank Turkey. The platform will enable local importers and exporter to connect with international trade partners. This initiative is […]
Dubai Chamber of Commerce launches Korean Business Council to strengthen economic relations
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Korean Business Council to strengthen economic relations and pave the way for mutually beneficial opportunities between private sector companies in Dubai and the Republic of Korea. The council’s inaugural annual general meeting, which […]
PayTabs appoints Mohamad Abbas as Chief Sales & Operations Officer to drive innovation and profitability for the group
PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced the appointment of Mohamad Abbas as Chief Sales & Operations Officer. With over 22 years of experience in sales, business development, and operations management within the ecommerce, digital payments, and fintech sectors, Mohamad will spearhead PayTabs revenue and profitability goal fulfilment and operational efficiency playbooks in […]
The Executive Centre’s substantial investment of $30mln in Riyadh was marked by the signing of TEC’s new centre
The Executive Centre, Asia’s leading premium flexible workspace provider, is proud to announce its entry into Saudi Arabia with the opening of its first and largest centre to date in Riyadh, located at the King Abdullah Financial District (KAFD). This strategic move marks a significant milestone for the company as the opening of this new centre […]
KSA headquartered invygo secures $8mln from STV and existing investors
invygo (www.invygo.com), the Middle East’s leading car subscription platform, today announced its latest funding round in the form of a $8 million Series A extension. The funding was provided by STV’s newly launched NICE Fund, which provides non-dilutive capital through a novel equity-based structure, as well as existing investors including Al Rajhi Partners, Arab Bank Ventures, […]
Announcing three major milestones for Innovo advancing sustainability in the built environment
Innovo has achieved three major milestones on its sustainability journey, as the company uses tech-enabled innovation to minimise environmental impact and improve sustainability in the built environment. Innovo has signed up to the United Nations Global Compact on corporate sustainability Innovo has been awarded the ‘ESG Label’ by the Dubai Chamber of Commerce Innovo has […]