Author: Mahdeehassan

 HUAWEI AppGallery and the Emirates Esports Federation (EESF) proudly announced the signing of a landmark Memorandum of Understanding (MoU) to drive innovation and growth in the esports and mobile gaming ecosystem across the region. The MoU was officially signed by His Highness Sheikh Sultan Bin Khalifa Bin Sultan Bin Shakhboot Al Nahyan, President of the Emirates Esports Federation, and William Hu, Managing Director of Huawei Consumer Business Group, Middle East and Africa Eco Development and Operation, marking a pivotal step towards fostering collaboration and enhancing opportunities in one of the world’s fastest-growing gaming markets.  By leveraging Huawei’s technological expertise and…

Dubai, UAE – MERED, an international real estate developer, is proud to announce its recognition in the category of Residential High Rise Architecture for its flagship project, ICONIC Residences, designed by Pininfarina, at the Arabian Property Awards 2024-2025, a part of the prestigious International Property Awards. This globally renowned accolade celebrates the project’s unique architectural design and MERED’s strong commitment to shaping future urban developments. The Arabian Property Awards represent a benchmark of excellence in the property and real estate industry, judged by a panel of highly experienced professionals covering all aspects of property disciplines. Winning this award highlights ICONIC Residences as…

OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, announced today the successful closure of a SAR 30 million (approximately $8 million) funding round from GMS Capital Ventures. This strategic anchor investment provides the company with the resources to scale its operations, enhance R&D, and advance AI infrastructure in Saudi Arabia. Founded in 2024 and led by Saudi entrepreneur Mohammed Altassan, along with a strategic board of directors including Zaid Farekh serving as a tech advisor and board member, OmniOps is uniquely positioned to address the increasing demand for AI technologies across the Kingdom. The company specialises in building and…

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50 million Iliad Partners Tech Ventures Fund I. The Iliad Fund will invest in early-stage B2B software startups driving digitisation and innovation in target verticals including fintech, logistics, and proptech at the Pre-Series A and Series A stages in MENA, with a primary focus on Saudi Arabia and the UAE. It will also allocate 10% of the fund to Europe, with a focus on Greece, to support startups expanding into MENA. The fund is backed by prominent regional and global investors, including the Jada Fund…

eyewa, the region’s largest and fastest-growing eyewear retailer, has raised $100 million in its Series C funding round, led by General Atlantic, a leading global growth investor, and with participation from Badwa Capital and Turmeric Capital. The capital will play a pivotal role in eyewa’s future plans and ambitions to maintain and solidify its status as a regional leader in the eyewear retail space. It has allocated portions of the proceeds for investment in R&D and talent acquisition, in addition to the opening of at least 100 new stores in 2025. The expansion of eyewa’s already robust footprint, which includes…

CIB, Egypt’s leading private-sector bank, has announced a strategic partnership with Truecaller, the premier global platform for verifying contacts and blocking unwanted communication. This partnership aims to elevate customer safety and streamline business communication within the banking industry, where trust is critical, using Truecaller’s Customer Experience Solution suite. CIB offers a wide range of financial products and services to enterprises of all sizes, institutions, households, etc. With a strong presence in Egypt’s burgeoning Retail and SME Banking markets, CIB is committed to enhancing customers’ trust and delivering a seamless banking experience. Trust and security play a pivotal role in safeguarding…

Dubai, United Arab Emirates, November 2024 – The newest Embassy Suites by Hilton showcases its world-class offerings with a thoughtfully curated selection of F&B outlets, promising guests a gastronomic journey and elevating their stays. Set in the heart of Business Bay, the hotel introduces three well-defined F&B concepts that reflect Dubai’s cosmopolitan spirit, bringing diverse flavours and memorable dining experiences to every guest. Embassy Suites by Hilton is known for having most of its rooms with stunning views of the iconic Burj Khalifa, offering guests the chance to admire the breathtaking vistas of the Dubai skyline. This 30-story gem goes beyond a warm…

Check your diaries and make sure you’re free! It’s nearly time for iFX EXPO Dubai 2025, as the renowned online trading event returns to the Middle East and North Africa (MENA) region once again – bigger, busier, and better than ever before.Set to be one of the largest and most prominent B2B and B2C expos ever held in MENA, iFX EXPO Dubai 2025 takes place at the impressive Dubai World Trade Centre, featuring 2+ days of networking, learning, and inspiration between 14-16 January.Whether you’re a trader, broker, affiliate, IB, fintech, or service provider, make sure you secure your spot early,…

Dubai, UAE, 25 November 2024: Eurowings, the value airline of the Lufthansa Group, is pleased to announce a significant expansion of its network as part of its 2024/25 winter schedule. This includes increased flights to Dubai and the introduction of new routes to Jeddah, Saudi Arabia, and Cairo, Egypt, strengthening connectivity between Europe and the Middle East and North Africa (MENA) region. Building on the strong performance of its Dubai services, Eurowings will double its flight frequencies from Germany this winter. Passengers can enjoy daily flights from Berlin to Dubai and up to four weekly flights from Stuttgart. Additionally, Cologne-Bonn has…

Abu Dhabi, November 2024 — Yango Ride, a ride-hailing service part of global tech company Yango Group, has launched a new Comfort tariff in Abu Dhabi, providing residents and tourists with affordable and comfortable travel options throughout the city. Introducing the Comfort tariff is part of Yango Ride’s ongoing commitment to enhancing mobility in the capital, following the launch of the city taxis on the Yango app. This offering expansion reflects the company’s dedication to providing seamless and reliable transportation solutions to meet the growing demands of the Abu Dhabi community.With the new tariff, Yango Ride users can expect comfortable, modern…