LNDDO Digital Lending Ltd is the region’s first ADGM-licensed Fintech digital lender for SMEs

LNDDO Digital Lending Limited, the UAE’s most innovative and forward-thinking direct lender, has unveiled a ground-breaking new offering that is dedicated to engineering credit solutions for SMEs. Officially authorised and regulated by the Financial Services Regulatory Authority (FSRA) under Abu Dhabi Global Market (ADGM) jurisdiction, LNDDO is the first licensed digital lender in the UAE […]

Safe Security appoints Cherif Sleiman as Chief Revenue Officer to Head EMEA

Safe Security, a pioneer in Cybersecurity & Digital Business Risk Quantification today announced its entry into the Europe, Middle East & Africa (EMEA) region, to build on its success in North America. Headquartered in Palo Alto, California, Safe Security helps organisations manage, measure and mitigate cyber risks with its breach likelihood prediction platform SAFE. Backed […]

Tradeling appoints Chief Technology Officer to accelerate technological innovation

Tradeling, the region’s leading B2B eMarketplace has announced the appointment of technology start-up veteran Ahmed Moawad as Chief Technology Officer. Moawad, joined Tradeling since inception in early 2020 where he held senior tech positions and was instrumental in driving Tradeling’s early success. He played a key role in designing the high-level system architecture for the […]

Dubai adopts action plan outlining its digital economy ambitions

The Dubai Digital Economy Retreat concluded today with the adoption of a new action plan designed to develop Dubai’s digital economy strategy. Discussions at the event generated several practical recommendations to address existing challenges in the market.  The two-day retreat, organised by the Dubai Chamber of Digital Economy, supports the vision of His Highness Sheikh […]

New travel rules to welcome fully vaccinated expats to accelerate business in the Kingdom

Saudi Arabia recently announced to receive expatriates from previously banned countries who are fully vaccinated with the approved vaccines Oxford-AstraZeneca, Pfizer-BioNTech, Johnson & Johnson, Moderna, Sinopharm, and Sinovac. Paul Arnold, Managing Director of Sovereign Saudi Arabia, a partner company of Sovereign AEI expressed that this update from the Saudi Government will enable companies to accelerate […]

UAE researchers develop new technology to promote academic integrity

A research team led by Canadian University Dubai (CUD) has identified a new technology-based approach to tackling academic integrity using machine learning techniques. The research is the subject of a recent article, “Machine learning based approach to exam cheating detection”, published in PLOS ONE, a prestigious academic journal ranked 30th worldwide across all disciplines by […]

Official inauguration of Standard Chartered Bank1st branch in the Kingdom

Under the patronage of H.E. Fahad Almubarak, governor of the Saudi Central Bank, Standard Chartered celebrated the official first branch in the Kingdom virtually. This comes as SAMA granted the license to Standard Chartered in order to practice banking activities in the Kingdom.  The ceremony was attended by José Viñals, chairman of Standard Chartered Bank, […]

NDB admits UAE as new member

he New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted the United Arab Emirates (UAE) as a new member. NDB’s Board of Governors authorized the Bank to conduct formal negotiations with prospective members in late 2020. After a round of successful negotiations, NDB is increasing its global outreach with the announcement […]