Mr. Fahad Al Mukhaizim, CEO of National Investments Company (“NIC”), said in a press release: The Investment Banking Sector (“IB”) managed to capture many new investments in the infrastructure, real estate, credit and technology sectors, Furthermore the Company started the year 2021 with a strong pipeline of mandates, including a number of M&A buy-side mandates, […]
Category: LATEST NEWS
SBWC mentoring UAE’s business women to reinvent themselves and thrive in the post-Covid era
Sharjah Business Women Council (SBWC), an affiliate of NAMA Women Advancement Establishment (NAMA), has equipped 48 of its members with the right tools, knowledge and motivation to advance in the business world through a diversified workshop series with the central theme of post-COVID business recovery planning. Held in partnership with global technology leader Mashreq Bank, […]
Amanat reports record high profitability of AED 235.3mln in 1H-2021
Amanat Holdings PJSC (“Amanat” or the “Company”) the GCC’s largest healthcare and education investment company announces its consolidated financial results for the first half ended 30 June 2021. The Company reported total income of AED 255.6 million, a significant nine-fold increase from the AED 28.2 million in 1H-2020, while income from investments similarly grew at a […]
Middle East AgTech Red Sea Farms accelerates expansion following oversubscribed investment round
Red Sea Farms, a Saudi Arabian AgTech business whose one-of-a-kind technology enables the commercial farming of produce using primarily salt water and sunlight, has successfully closed its latest funding round. A USD 10m investment target has been exceeded. Strong confidence raised USD 16m from leading Saudi, UAE and USA investors. This oversubscribed, pre-series A investment […]
Dubai Airports Expects A Strong Second Half After DXB’s H1 Passenger Traffic Reaches 10.6 Million
Dubai Airports is projecting robust growth for Dubai International (DXB) in the second half of the year after the airport clocked 10.6 million passengers in the first six months of 2021 despite travel restrictions affecting its key source markets throughout the second quarter. “In anticipation of the robust recovery of global air travel, we started […]
Women Entrepreneurs Lead The Way In Digital Presence, According To Mastercard SME Research In Middle East And Africa
Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and Africa (MEA) are leading the way in tapping into the power of the digital economy to succeed and grow. In new research by Mastercard, women-owned small and medium enterprises (SMEs) believe there are huge benefits of a […]
Shell Egypt announces the winning team in the local version of “Imagine the Future” Global competition
Shell Egypt celebrated the announcement of the winning team in the final phase of “Imagine the Future” local version: The American University in Cairo’s team “AUC-07”. The team will represent Egypt in the “Imagine the Future” global competition, taking place virtually on the 26th of August 2021. This is the fourth time that Egypt qualifies to […]
SonicWall turns 30: Cybersecurity pioneer marks three decades of innovation
SonicWall today announces its 30th anniversary as a cybersecurity industry leader. Throughout August, the company will celebrate its heritage, product innovation, channel DNA and the many cybersecurity innovators who have helped support and transform it into the SonicWall it is today. “Innovation and adaptability are key components to successfully evolving cybersecurity strategy through the ebb […]
Check point software’s threat intelligence report reveals UAE’s threat landscape
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today revealed the cyber threat landscape for the UAE in the last six months. The latest threat intelligence report shows that on average an organization in the UAE has been targeted for attack 295 times per week in the last […]
ICT Circle firms up its footing in the Middle East
ICT Circle – the world’s first B2B online platform and first-of-its-kind, that connects the entire ICT industry has cemented its position in the UAE with a huge inventory of stock-keeping units (SKUs) in a niche IT Products category. While this marks a milestone achievement for the company, ICT Circle envisions to expand to GCC and […]