Sheikh Fahim Bin Sultan Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, has applauded Hungary for strengthening links with the UAE through its active economic cooperation and participation in cultural and tourism events held in the country. In a meeting held in Budapest with HE János Csák, Hungary’s Minister of Culture […]
Category: NEWS
Saudi Aramco Entrepreneurship Center (Wa’ed) leads $50 million Series B round in Islamic fintech Wahed
Wahed Inc. (Wahed), a global Islamic fintech company, today announced that Wa’ed Ventures, the venture capital arm at Saudi Aramco Entrepreneurship Center (Wa’ed), is leading their $50 million Series B funding round with HSBC acting as lead financial advisor. Other investors in this round include footballer Paul Pogba, who has also joined Wahed as their latest brand ambassador, […]
SNAP Brands Ventures Ltd. Receives $10 Million Financing Commitment from Alpha Blue Ocean
SNAP Brands Ventures Inc. (“SNAP”) is pleased to announce that it has executed a letter of intent for financing commitment of $10 Million Dollars (CAD) from Alpha Blue Ocean (“ABO”), towards the development and deployment of SNAP’s state-of-the-art Telehealth Application, ÜRBIOCODE. SNAP’s Telehealth application uses audio signal processing and machine learning to analyze 30-second audio clips of a user’s […]
CoinMENA receives provisional license from Dubai’s VARA
CoinMENA, the Sharia-compliant digital asset exchange company licensed and regulated by the Central Bank of Bahrain, has obtained a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA) to continue its business operations in Dubai while it undertakes the in-depth process of applying for a license, in accordance with VARA requirements. VARA, serving […]
India-UAE startup bridge: Entrepreneurship on the rise
The ground-breaking trade deal between United Arab Emirates (UAE) and India signed as a Comprehensive Economic Partnership Agreement (CEPA) in the name of free trade, marks India’s first trade agreement with a major trading ally in over a decade. CEPA also involves the launch of the India – UAE startup bridge; an initiative which sets […]
UAE FinTech start-up QFIL Solutions wins ‘Best FinTech AI solution’ at top international industry awards
QFIL Solutions – a leading UAE FinTech start-up – has scooped the ‘Best Fintech AI Solution’ award in the IFX EXPO International – Ultimate Fintech Awards 2022, recently held at a glittering event attended by top-level international fintech executives in Limassol, Cyprus. QFIL Solutions claimed the top prize for its product MAGUS AI – an AI-driven trading solution that […]
Diwan signs strategic partnership with University of Strathclyde
Diwan—Bahrain’s ground-breaking, curated and innovative co-working space announced today a long-term strategic partnership with the University of Strathclyde that offers students, staff and alumni the opportunity to become part of Bahrain’s leading hub for a connected community. Based in the heart of Adliya at the iconic architectural landmark The Terminal building, Diwan is a new […]
Saudi capital market growth hailed at HSBC-Saudi Exchange summit
The success of recent IPO listings in Saudi Arabia was recognized as a strong regional economic catalyst at a conference in London last week hosted by Saudi Exchange and HSBC. The exchanges summit featured speakers including HRH Prince Khaled bin Bandar bin Sultan Al Saud, the Saudi ambassador to the UK, and His Excellency Mr. […]
Seagate Report: Multicloud friction is tricky, but winning companies know how to hack it
Today’s multicloud is a mix of clouds that don’t communicate well. As multicloud complexity and the related costs are on the rise, the friction leads to data lock-in—and the resulting loss of business value. But it doesn’t have to be that way, says a new industry report. The Multicloud Maturity Report from Seagate® Technology Holdings plc […]
Julius Baer publishes Global Wealth and Lifestyle Report 2022
Using its wide-ranging Lifestyle Index, Julius Baer tracks prices and consumer behaviour around the world to gauge the price inflation of a basket of goods and services representative of the high-net-worth-individual (HNWI) lifestyle in cities around the world. With this, investors can estimate the portfolio returns needed to preserve, or even grow, their purchasing power. […]