Business & Money | Wednesday 12 July, 2023 1:03 am

EDGE Acquires Etimad Holding, a Major Player in UAE’s Security Solutions Space

EDGE Group PJSC (EDGE), one of the world’s leading advanced technology and defence groups, announced the acquisition of a 100% stake in Etimad Holding LLC (Etimad), a technology solutions and services company with a focus on security systems solutions, systems integration, projects fulfillment,...

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Business & Money | Wednesday 12 July, 2023 12:36 am

GAC approves 16 economic concentration applications in June

The General Authority for Competition (GAC) issued 16 no-objection decisions for economic concentration applications in June, according to a statement.   Economic concentration applications for mergers and acquisitions (M&As) and joint ventures (JVs) are...

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Business & Money | Wednesday 12 July, 2023 12:02 am

Coca-Cola® and Riot Games Launch Coca-Cola® Ultimate Zero Sugar in Saudi Arabia

Coca-Cola® has launched a new limited-edition flavor from Coca-Cola® Creations in collaboration with Riot Games, the publisher and developer of League of Legends. Coca-Cola® Ultimate Zero Sugar will celebrate every player’s journey - whether it's their first time on the Rift or on the Finals...

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Business & Money | Tuesday 11 July, 2023 2:38 pm

DIFC first to join forces with AIMA as five additional hedge funds establish

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today announced it is the first financial centre in the Region to enter into an agreement with the Alternative Investment Management Association (AIMA), the...

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Business & Money | Tuesday 11 July, 2023 10:23 am

ADDED and NWTN to expedite development of green automotive industry in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) and NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world, have inked an agreement to train and provide job opportunities for UAE talent...

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Business & Money | Tuesday 11 July, 2023 10:20 am

Aafaq Islamic Finance selects Network International as its payments partner for digital transformation

Aafaq Islamic Finance, a leading provider of Shariah-compliant financial products and services, selects Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA), to accelerate its digital transformation journey. Network will provide end-to end card...

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Business & Money | Tuesday 11 July, 2023 9:00 am

MOHAMMED BIN RASHID AEROSPACE HUB SIGNS AGREEMENT WITH TIM INVESTMENT TO LAUNCH MRO HANGAR AT DUBAI SOUTH

The Mohammed bin Rashid Aerospace Hub (MBRAH) announces the signing of an agreement with Tim Investment that will launch an MRO hangar at Dubai South that caters to wide-body aircrafts. The signing ceremony took place at Dubai South HQ and was attended by HE Khalifa Al Zaffin, Executive...

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Business & Money | Tuesday 11 July, 2023 8:41 am

Azizi Developments’ Creek Views II reaches 50% completion

Azizi Developments, a leading private developer in the UAE, has announced the 50% construction completion of Creek Views II, the developer’s AED 350 million luxury development on the shores of the iconic Dubai Creek in Dubai Healthcare City. The highly esteemed development is scheduled...

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Business & Money | Tuesday 11 July, 2023 8:37 am

Network International partners with SerVme to boost UAE Food & Beverage sector’s digital payments platforms

Network International (Network), the leading enabler of digital commerce in the Middle East and Africa (MEA), has partnered with SerVme, the leading reservation and guest CRM platform for restaurants and hospitality operators. The partnership will bring significant benefits to UAE-based...

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Business & Money | Tuesday 11 July, 2023 8:16 am

FOO PARTNERS WITH INFINIOS TO ENHANCE CUSTOMER EXPERIENCE

FOO, an award-winning B2B fintech solutions provider headquartered in the UAE, has partnered with the Bahrain-based payment services provider and card processor, Infinios Financial Services B.S.C (C). By combining their technology and expertise, the two market-leading companies will deliver an...

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