Heliopark Inc. secures pre-seed capital to transform solar energy landscape in the Middle East

Heliopark Inc., a dynamic startup specializing in the development of innovative solar carports, has successfully raised pre-seed capital to accelerate its mission of advancing the global energy transition. Although the exact amount of the investment remains undisclosed, this funding milestone is pivotal for Heliopark as it seeks to expand its operations and impact throughout the […]

ALEC’s 2023 ESG Report Showcases Significant Strides in Sustainable Operations and Employee Wellbeing

In the latest edition of its annual Sustainability & Environmental, Social, Governance (ESG) report, ALEC, part of the Investment Corporation of Dubai (ICD), has detailed the clear and measured advancement it has made in the sustainability of its operations as well as in upskilling and enhancing wellbeing of its employees. Notable among the Group’s environmental […]

OPSWAT Expands Strategic Footprint in Saudi Arabia

The Saudi Arabia cybersecurity market is surging forward, reaching a value of SAR 13.3 billion (US$3.55 billion)  towards the start of  2024, making it a fertile ground for advancing the cybersecurity industry which aligns perfectly with OPSWAT’s specialized critical infrastructure protection (CIP) technologies and tailor-made solutions that integrate Operational Technology (OT) and Information Technology (IT) […]

Eton Solutions Launches EtonGPT™, World’s First Generative AI Platform for Family Offices

Eton Solutions, a leader in comprehensive wealth management ERP systems for family offices has announced the launch of EtonGPT™ the world’s first GenAI module for family offices globally. EtonGPT™ integrates the powerful transactional capabilities of Eton Solution’s ERP platform, with sophisticated conversational AI functionalities. Eton Solutions will enable the majority of the 750 families on […]

Metro Brazil launches AI-driven smart fitting room, revolutionizing online shopping

METRO BRAZIL, the leading e-commerce platform for luxury Brazilian shapewear in the Middle East, is set to revolutionize the online shopping experience with the launch of its groundbreaking Smart Fitting Room. This cutting-edge, AI-powered tool is designed to transform how customers find their perfect fit, offering an unparalleled level of personalization and convenience. The Smart […]

PayTabs Group to drive MENA’s payment economy by crossing SAR200bln in payment processing

Photo: Abdulaziz Al Jouf, PayTabs Group CEO and Founder With 24Fintech, the global fintech movement now under away, PayTabs Group, MENA’s award-winning payments powerhouse today revealed it is set to cross SAR200 billion in payment processing volumes by 2025. This exponential growth is attributed to its payment orchestration platform, private labelling solutions and super app […]

UAE’s Rebound launches new subscription-based recycling platform in commitment to create circular economy

Photo: Maryam Al Mansoori, Founder & General Manager of Rebound.  UAE-based Rebound, a subsidiary of Sirius International Holding, is setting a new standard with the launch of its new subscription-based platform for recyclable materials. The innovative platform is designed to transform the recycling industry by connecting buyers, sellers and partners of recyclable materials worldwide. The […]