Cyberdrone, a Dubai-based leader in aerial displays, created a visually appealing drone light show to celebrate AC Milan’s 125th anniversary and the successful first year of operations at Casa Milan Dubai. The light show featured 1,000 synchronised drones painting the night sky with AC Milan’s iconic symbols, including the legendary Club crest, the distinctive red […]
MCI Mining Construction International GmbH (MCI), a global leader in mining, earthmoving, and material handling machinery, and Within Construction for General Contracting Co. (Within Construction), a premier EPC contractor based in Saudi Arabia, are proud to announce the signing of a Strategic Cooperation and Distribution Agreement. This landmark partnership is set to deliver advanced, integrated […]
The world’s greatest book sale Big Bad Wolf, is back in Dubai for a sixth season, promising an exceptional experience for book lovers from 29th November to 9th December 2024. This year’s event not only boasts a record-breaking collection of both Arabic and English books, also highlights its global mission of “changing the world one […]
Mashreq, a leading financial institution in the MENA region, has signed Sustainability-Linked Facilities (SLF) in Qatar with Landmark Retail, the leading value conglomerate in the retail sector in the Middle East. This marks the first time a private sector company has signed a bilateral sustainability-linked loan in Qatar. The partnership with Mashreq will further advance […]
A recent report by KPMG underscores the pivotal role of Saudi Arabia’s industrial policies in achieving the goals of Vision 2030. The report highlights how government intervention is essential for fostering innovation, attracting investment, and supporting the growth of key sectors. As the Kingdom diversifies its economy beyond oil, these policies will be crucial in […]
Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a strategic partnership to explore and potentially develop tailored SME financing solutions, subject to regulatory approvals. Today, SMEs represent 1.3 million businesses in Saudi Arabia, and they face a financing gap of over SAR 300 billion. […]
‘Al Dahra – Egypt’, one of the largest and most innovative strategic investors in the sustainable agriculture sector, has announced its plans to bolster food security and support the local economy in Egypt. This announcement was made during a press conference where the company showcased its business scale and strategy aimed at producing and exporting […]
EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment. This investment aims to strengthen EdfaPay’s foothold in the Saudi market and expand its reach across the MENA region and Pakistan. “This funding marks a pivotal milestone […]
The total amount of office space in Riyadh is expected to grow by 1 million square metres to 6.3 million square metres by the end of 2026, according to global property consultancy, Knight Frank’s Autumn 2024 Saudi Arabia Commercial Market Review. ‘Program HQ’ is contributing to increased demand for office space in Riyadh, further influencing office […]
Locad (“the Company”) – a smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-As-a-Service for global distribution – announces its $9 million Pre-Series B fundraise. The round was co-led by Global Ventures – MENA’s leading venture capital firm, and existing investor Reefknot Investments. Other participating investors include Sumitomo Equity Ventures and existing […]
