UVL Robotics has launched the first in the Middle East service of daily drone-based parcels delivery

US-based company with the presence in Oman, UVL Robotics, launched the first in the Middle East service of day-to-day parcels delivery based on drones. The payload of flying couriers is 6.6 pounds. Delivery drones are able to cover a distance of more than 25 miles. Previously, the UVL Robotics team obtained all official permits from the Civil Aviation […]

Tejarah Talks launched by Oman MoCIIP

Tejarah Talks, a new initiative launched by the Ministry of Commerce, Industry & Investment Promotion (MoCIIP) will hold its first event on Wednesday 23 February at the Civil Aviation Authority Training Centre in Al Hail North. Supported by SOHAR Port & Freezone, HSBC and Oman Business Forum, over the coming year Tejarah Talks will bring together panels […]

Chronicled, a Web3-powered network within the life sciences industry receives US$8.3 million funding from True Global Ventures, who is backing for the first time a female founder

 True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$8.3 million into Chronicled, a company that focuses on establishing trust and automating transactions between trading partners in the Life Sciences Industry vis-a-vis the MediLedger Network. The Life Sciences Industry is uniquely complex in how pharmaceutical drugs move from manufacturers to serving patients. Beyond the supply chain there are […]

Dubai International Financial Centre records best performance in 17-year history driving Dubai’s next phase of growth

Dubai International Financial Centre (DIFC), the Middle East, Africa and South Asia region’s leading global financial centre has reported its best annual performance to date. DIFC further reinforced its global profile with a year of strong growth against the backdrop of the worldwide pandemic. The Centre achieved its 2024 Strategy growth targets three years ahead of schedule during the first […]

Scalefusion Joins Hands with Channel Next to Deliver Seamless Device Management to Modern Businesses

ProMobi Technologies today announced that Scalefusion – its leading mobile device management solution has now entered into a strategic partnership with Channel Next, one of UAE’s promising Value-Added Distribution (VAD) companies. The partnership is focused on delivering the best-in-class device management capabilities to businesses in the UAE region. Channel Next extends assistance across the technical, marketing and […]

Fitch ratings completes peer review of five major Moroccan banks

Fitch Ratings recently completed a peer review of the Moroccan banks under its coverage, accounting for approximately 77% of Morocco’s banking system assets. The banks are Attijariwafa Bank (AWB), Bank of Africa (BOA), Credit Immobilier et Hotelier (CIH), Societe Generale Marocaine de Banques (SGMB) and Banque Marocaine pour le Commerce et l’Industrie (BMCI). The international […]