Account-to-account payments and instant payments set to spark new wave of innovation

The Capgemini Research Institute’s World Payments Report 2025, published today, reveals an industry set to be reimagined with account-to-account and instant payments. Now celebrating its 20th anniversary edition, the report predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally. Since the inaugural World Payments Report in 2004, the payments […]

Bodour Al Qasimi convenes Sheraa’s newly appointed board to build a leading regional hub for entrepreneurship

The Sharjah Entrepreneurship Center (Sheraa) has taken a significant new stride in advancing entrepreneurship across the region by convening its newly appointed Board of Advisors under the leadership of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sheraa. The first meeting of the new board served to underscore Sheraa’s mission to drive innovation, foster a […]

Certified Collectibles Group expands into Middle East with Comic Con co-founder at the helm

Photo: Arafaat Ali Khan, the Managing Director of CCG’s new Middle East office. The Certified Collectibles Group® (CCG®), a global leader in the authentication and grading of comic books, trading cards, coins, paper money and other collectibles, is thrilled to announce its expansion into the Middle East with the opening of a new office in […]

OPEC Fund approves close to $1.2bln new development funding

The OPEC Fund for International Development (the OPEC Fund) is significantly stepping up its development support with nearly US$1.2 billion in new funding since June. The latest projects approved by the Governing Board, which met for its 189th session today, support smallholder farmers and businesses, promote the construction of resilient infrastructure, provide clean water & sanitation solutions […]

DGHR and Dubai Land Department sign MoC to empower Dubai’s workforce through partnership

The Dubai Government Human Resources Department (DGHR) and the Dubai Land Department signed a Memorandum of Cooperation (MoC) to establish a comprehensive framework that enhances collaboration in behavioural competency assessment of employees and the exchange of expertise in the realm of human resources.   The agreement seamlessly aligns with ongoing efforts by the DGHR Department […]

Joby applies to become first certified electric air taxi operator in UAE

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has taken the first step towards becoming a certified air taxi operator in the United Arab Emirates. During the International Civil Aviation Organization’s inaugural Advanced Air Mobility Summit, taking place in Montreal, Canada this week, JoeBen Bevirt, founder […]

MYCRANE celebrates major milestone with 10,000 cranes added to platform

MYCRANE, the first global platform for online crane rental, has celebrated a major milestone after recent supplier registrations pushed the platform’s inventory of lifting equipment above 10,000 machines. “Our goal of assembling the world’s largest fleet of cranes was rather ambitious when we launched MYCRANE back in 2021 – however that is exactly what we have created,” […]

UAE is the Middle East’s MICE tourism leader with 50% market share, worth an estimated $5.62bln in 2024

Market trends and research findings reveal that the MENA events market is all set to reach an impressive US $76.67 billion by 2028. Resurging from post-pandemic gloom to boom, the industry has now resumed its catalytic role in economic and cultural transformation. With the MENA region playing host to global mega events such as the […]