UAE - Mubasher: The UAE-based NOW Money partnered with global tech firm Mastercard to boost the payments industry across the GCC region, according to a press release. Through Mastercard payment cards, NOW Money customers will have secure and …
Mubasher: Saudi Arabia and the UAE accounted for 82% of the GCC countries' total oil exports to Japan in May 2024, with their exports totalling about 53.69 million barrels. The GCC countries exported about 61.85 million barrels of crude oil to …
UAE – Mubasher: Network International, a leading digital commerce enabler in the Middle East and Africa, has partnered with Policybazaar.ae to offer affordable insurance policies to Network International’s merchants. The partnership enables …
UAE - Mubasher: EMX, a 7X logistics provider, launched EMX International to streamline e-commerce parcel delivery across the GCC region. The new service consolidates shipments to GCC, allowing companies to utilise Dubai as a gateway and optimise …
Mubasher: The National Bank of Kuwait (NBK) has entered into a five-year strategic partnership agreement with Software AG, a leading technology solutions company, to utilise its Super iPaaS solution as a unified platform for integrating …
UAE – Mubasher: DHG Properties, a leading real estate development company operating within DHG Holding, noted that price growth in Dubai’s residential market accelerated with a notable increase from 20.30% in February 2024 to 20.70% last March. …
UAE – Mubasher: Dubai Media has signed a memorandum of understanding (MoU) with NEP Group to foster collaboration and exchange expertise across various media domains. The agreement is part of Dubai Media's ongoing efforts to bolster its logistical …
Riyadh – Mubasher: Saudi Arabia held the third position in 5G Download Speed among key markets in the EMEA region, according to a report released by Opensignal. The report highlighted that the Kingdom witnessed a significant improvement in 5G …
Dubai – Mubasher: Ajman Bank has entered into a contract with Positive Zero’s unit, Taka Solutions, to deploy its energy efficiency solutions at the bank’s headquarters. The 10-year shared savings energy performance contract (SSEPC) covers the …
Mubasher: GFH Partners Limited, a subsidiary of GFH Financial Group, has launched and closed its seventh logistics and industrial fund in the US, according to a press release. The portfolio includes 25 industrial and transportation logistics …
Riyadh – Mubasher: The Saudi Arabian capital, Riyadh, has ranked among the world’s top 15 fastest-growing cities by 2033 based on economy, population, and wealth in the Savills Growth Hubs Index. Riyadh’s population is anticipated to grow by 26% …
Dubai – Mubasher: Dubai Electricity and Water Authority (DEWA) developed the Independent Power and Water Producer (IPWP) model and attracted investments worth AED 43.60 billion over 10 years. Saeed Mohammed Al Tayer, Managing Director and CEO of …
UAE – Mubasher: India-based Zoya Developments expanded its business into the UAE market with Investment exceeding AED 2 Billion allocated for the next three years. This landmark announcement aligns with their first project in Dubai’s Furjan area, …
Dubai – Mubasher: Ajman Bank collaborated with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), to integrate with the Aani Instant Payment Platform. This significant partnership reinforces Ajman Bank’s position as one …
UAE – Mubasher: The Abu Dhabi Department of Economic Development (ADDED) partnered with the Abu Dhabi Investment Office (ADIO) to organise the third edition of Al Multaqa quarterly meetings. The gathering provided the business community with …
UAE - Mubasher: Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of Abu Dhabi-based investment and holding firm ADQ’s $2.50 billion bond, according to a press release. The dual-tranche bond, which includes a five-year $1.25 …
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion (AED 11 billion) green financing. The facility deal followed the signing of a …
Dubai – Mubasher: Taaleem Holdings posted year-on-year (YoY) higher net profits at AED 225.19 million in the first nine months (9M) of fiscal year (FY) 2023/2024, versus AED 199.80 million. Basic and diluted earnings per share (EPS) went up to AED …
Riyadh – Mubasher: BinDawood Holding Company has signed a non-binding memorandum of understanding (MoU) with Regional Group Company in Qatar for commercial franchise rights to open eight branches under BinDawood brand in Qatar. The deal comes in …
Dubai – Mubasher: Visa has entered into a partnership with Emaar Properties and Mashreq Bank to digitise B2B payments through an integrated payables solution utilising Visa and Mashreq's virtual card solution. Launched in 2021, Visa’s virtual card …
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) has received a letter of award from Jubail Island Investment Company at a value of AED 129.64 million. The project covers the widening works for area 2 and 3 in the Abu Dhabi Mangrove …
UAE – Mubasher: Radius Group teamed up with Knight Frank MENA to launch the Radius City Logistics project in Dubai Investments Park 2 (DIP II), according to a press release. Knight Frank MENA’s Industrial and Logistics team will facilitate the …
UAE - Mubasher: Mastercard has entered into a partnership with the UAE-based LuLu Group to boost sustainability, innovation, and efficiency in retail payments across the six GCC markets. The partnership, extending across Bahrain, Kuwait, Oman, …
Cairo – Mubasher: Egypt's construction industry, the largest in Africa and third largest in the MENA region, is projected to grow at a compound annual growth rate (CAGR) of more than 8% until 2029, according to JLL’s construction market …
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) has joined forces with e& for a strategic project to build the energy industry’s largest private 5G wireless network, according to a press release. The joint venture (JV) spans 11,000 …
