SNB Capital, the largest asset manager and investment bank in the region, has announced its role as lead investor in a series “A” investment round of SAR 65 million for Malaa Technologies, a Saudi fintech company. Commenting on the investment, SNB Capital CEO Rashed Sharif said, “This investment aligns with one of our strategic objectives […]
LEOS Developments, the distinguished British-born international property developer, is pleased to announce the official unveiling of its latest project, Knightsbridge with a gross development value of AED 1.75 billion located in the heart of Meydan in District 11. The project, set to redefine luxury living, marks the commencement of the first climate adaptative wellness community […]
Tarabut, the first and largest regulated open banking platform in the MENA region, today announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition, which has been approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), bolsters Tarabut’s ability to deliver […]
While the world is still absorbing Cristiano Ronaldo’s newly launched YouTube channel reaching 50 million subscribers in less than a week, another remarkable YouTube milestone has been thriving in the background of this. A podcast episode by Thmanyah, meaning ‘eight’ in Arabic, saw remarkably more views, 110 million so far, than any other podcast episode […]
A new study by a researcher from the American University of Ras Al Khaimah (AURAK) has illuminated how the use of the Internet of Things (IoT) and blockchain can dramatically boost food safety. The study, done by Dr. Tahseen Arshi, Associate Provost for Research and Community Service at AURAK, in collaboration with researchers from the […]
Oman Oil Marketing Company (OOMCO) celebrated the graduation of a second batch from its pioneering ‘Experience Hub’ Programme. Launched in partnership with the Oman Ministry of Labour in 2022, the initiative is designed to guide new graduates as they embark on their career paths, equipping them with the necessary skillsets and industry know-how to excel […]
Majid Al Futtaim, the pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, proudly announces the continued success of its strategic partnership with Tabby, the leading shopping and payments app in the GCC. Initially, the partnership that took off in July 2023 allowed Tabby to operate within all Majid […]
WSO2, a leading global provider of digital transformation technologies, unveiled the latest enhancements to WSO2 Micro Integrator. Version 4.3 of the advanced integration solution is set to redefine the developer experience by delivering enhanced capabilities and performance for modern application integration. With its latest updates, the solution offers a seamless integration of APIs, services, and […]
AlephYa Education (“AlephYa” or “Company”), a leading pan-GCC education provider, today announced a majority investment from TA Associates (“TA”), a leading global private equity firm, to support its next phase of growth. As part of the transaction, existing investors Gulf Investment Corporation (“GIC”) and Oman International Development and Investment Company SAOG (“Ominvest”) will retain a […]
Recognizing its pioneering efforts in driving the country’s digital transformation, Oman Investment & Finance Co. (Khedmah) was recently honoured with the prestigious Alam Al-Iktisaad Business Excellence Award for the Khedmah App, the leading bill payment application in the Sultanate of Oman. The award was presented at Dhofar Forum 2024, organized by Alam Al-Iktisaad magazine – […]
