Skillbee, a super app for migrant workers, raises $3.2M in seed funding led by Good Capital and Vibe Capital, with participation from Access Bridge Ventures, Wamda Capital, and others

Skillbee, an India-based super app launched in the UAE amidst the Covid-19 pandemic to help migrant workers who had lost their jobs get back on their feet, has raised $3.2M in the seed funding round led by Good Capital and Vibe Capital.  Good Capital is an early-stage venture investment firm with a number of other […]

Bahri highlights market-leading offerings at MENA Desalination Projects Forum

Bahri, a global leader in logistics and transportation, today concluded its successful participation in the 3rd MENA Desalination Projects Forum, the largest of its kind in the region. In the presence of Eng. Abdullah Aldubaikhi, CEO of Bahri, the company’s new business line, Bahri Desalination, showcased its state-of-the-art leading solutions including innovative floating desalination platforms […]

CBB raises key interest rate

The Central Bank of Bahrain (CBB) has decided today to raise its key policy interest rate by (25) basis points. CBB’s key policy interest rate on the one-week deposit facility is raised from 1.00% to 1.25%. The CBB has also decided to raise the overnight deposit rate from 0.75% to 1.00%, the four-week deposit rate […]

Dubai International Academic City looks to enhance the environment for research-based institutions and learning

Dubai International Academic City (DIAC), the MENA region’s largest educational hub, is driving efforts to enhance the landscape for research-based academic institutions and applied learning in the UAE.  DIAC aims to advance the region’s educational sector and boost innovation by working alongside its academic partners and offering the right environment for research and development in […]

Italian SMEs talents present their innovative projects connected to Expo 2020 Dubai themes at the Italy Pavilion

9 Italian companies representative of the Italian creativity in various fields and all connected to the main theme of Expo  – Connecting minds, creating the future – and to its 3 sub-themes – Opportunity, Mobility, Sustainabiliy – presented their innovative projects and technologies at the Italy Pavilion at Expo 2020 yesterday. These companies were carefully […]

Netix’s Open-Source State-of-the-art Controllers Bag Amazon’s Approval and will Optimize the Retail Giant’s Fulfilment Centres Across the Globe

Netix Controls, a subsidiary of the SB Group and a leading smart buildings solutions provider, today announced the approval of its open-source, state-of-the-art controllers by global retail giant Amazon. The approval has implications for Netix’s outreach as well as Amazon’s worldwide centres, which stand to maximize their efficiencies and optimize their building and asset management. This […]

‘Media and Entertainment’ fortnight at India Pavilion to focus on global investments

The India Pavilion at EXPO2020 Dubai is set to host the ‘Media & Entertainment fortnight’ starting March 18th and showcase vast business and investment opportunities across India’s media & entertainment industry to global audience. Mr. Apurva Chandra, Secretary, Ministry of Information and Broadcasting (I&B), Government of India will inaugurate the sector floor at the India […]

Cooperation between Egyptian Education Development Fund and Talal Abu-Ghazaleh Global

The Egyptian Education Development Fund (EDF); affiliated to the Egyptian Council of Ministers, and Talal Abu-Ghazaleh Global (TAG.Global) represented by the Talal Abu-Ghazaleh University College for Innovation (TAGUCI) signed a cooperation agreement to open a new TAGUCI branch in the Arab Republic of Egypt under the Misr University for Science & Technology (MUST). TAGUCI is […]