Author: Mahdeehassan

As the global betting and iGaming industry descends on Malta this June, payments will take centre stage as part of SBC Summit Malta’s dedicated Payments Innovation track. The track, which takes place on Thursday, 12 June at the InterContinental Hotel, will unite payments executives, fintech specialists, and compliance leaders to explore the most pressing challenges and emerging opportunities in payment technology. With sessions on Open Banking, crypto investment, and the future of fraud prevention and KYC, this track equips professionals to navigate regulatory changes, adapt to disruptive technologies, and meet rising player expectations. Discussing the inclusion of the Payments Innovation track at SBC Summit Malta, SBC CEO and founder, Rasmus…

AUTONOMOUS A2Z secured AV approval in Singapore and proved global scalability by adapting to right-hand drive through K-City testing. Singapore, May 19, 2025 — AUTONOMOUS A2Z, South Korea’s leading autonomous driving technology firm led by CEO Ji-hyeong Han, announced today that it has successfully obtained the Milestone 1 (M1) Vehicle Safety Assessment approval from Singapore’s Land Transport Authority (LTA). This achievement marks AUTONOMOUS A2Z as the first Korean company authorized to operate autonomous vehicles (AVs) on public roads in Singapore under specific designated conditions. In Singapore, autonomous vehicles must pass rigorous Milestone 1 (M1) safety assessments administered by the Centre…

Kilow, a leading digital health and weight management solution, has successfully closed its $2.5 million seed funding round led by Sanabil Venture Studio (a subsidiary of Sanabil Investments) in partnership with Stryber. This investment comes at a time of rapid growth for Kilow, as the company continues to revolutionise the weight loss experience through AI-powered, personalised solutions and seamless health data integration. By leveraging technology, Kilow aims to help users achieve their health goals more efficiently and sustainably. Driving Innovation in Digital Healthcare Since its inception, Kilow has been committed to building a comprehensive digital ecosystem that empowers users through:-…

Saudi Arabia has launched Humain, a state-backed AI company under the Public Investment Fund (PIF), signalling a strategic move to become a global leader in artificial intelligence. Chaired by Crown Prince Mohammed bin Salman and backed by the PIF’s substantial $940 billion valuation, Humain will serve as the central entity for the kingdom’s AI development and investment. This announcement coincided with U.S. President Donald Trump’s visit to Riyadh, underscoring the significance of AI in the two nations’ strategic agenda. Humain’s primary objectives include establishing Saudi Arabia as a global AI hub by offering a comprehensive range of services. These services…

Abu Dhabi, May 14, 2025 – South Korea and the United Arab Emirates (UAE) brought together their next-generation leaders to explore future cooperation in science, technology, innovation, and sustainability. A special exchange event was held at the Emirates Foundation in Abu Dhabi, hosted by the Korea Foundation (KF). The event featured participants from the KF Global Fellows program and the UAE government’s National Experts Program (NEP), marking the first formal engagement between rising STEM leaders from both countries. The gathering served as a platform for in-depth dialogue on shared national goals, including sustainability through innovation, the future of energy, talent…

Career 180, one of the MEA region’s leading EdTech platforms, has announced a new Six-Figure investment from Den VC, reinforcing its position as a frontrunner in career development and education technology. The investment from Den VC will fuel the company’s expansion into Oman, Malta and Saudi Arabia, where it will focus on scaling its LMS product, localising its course content into Arabic for greater reach, and expanding market presence. Career 180 aims to qualify over 1 million individuals and plans to hire 50,000 new beneficiaries, specifically targeting those not currently employed, building on the success of those already hired through…

In a move underscoring strong confidence in the emerging tech sector, “Foras”, a leading investment and innovation firm, has announced the acquisition of a 10% stake in the startup “Canater”, which specialises in providing innovative supply chains and logistics solutions for manufacturers in the Middle East and North Africa (MENA). The deal, valued at $1 million, reflects Foras’ strategy to support startups transforming traditional industries through technology and innovation, powered by Artificial Intelligence (AI). This investment highlights Foras’ belief in Canater’s promising future, as the startup aims to empower regional manufacturers to expand their products into global markets while navigating…

Abu Dhabi, UAE –  May 2025 – Emirates Nuclear Energy Company (ENEC) has participated in the Tamouh Al Dhafra Career Fair, as it continues to support Emirati talent and strengthen its long-standing commitment to the Al Dhafra region – home to the Barakah Nuclear Energy Plant. Held from 30th April to 1st of May 2025 at the Baynonah Educational Complex, Zayed City, Al Dhafra Region, the Tamouh Al Dhafra Career Fair is dedicated to Emirati employment and designed to accelerate connections between companies and jobseekers to prepare the national workforce to participate in a number of advanced industries the UAE is pursuing as part of its strategic economic diversification…

MAY 2025, Dubai, United Arab Emirates – Youmi Beauty, the luxury beauty and haircare brand synonymous with performance-led elegance, has announced the launch of its most intimate innovation to date: Made for Me, a fully customizable haircare range designed to empower women to take control of their unique haircare routines. Founded by Lebanese entrepreneur and beauty trailblazer Youmna Khoury, Youmi Beauty has fast become a cult favorite across the GCC for its commitment to redefining modern beauty through self-expression and premium formulations. With Made for Me, the brand introduces a bold new chapter-one that puts personalization at the heart of haircare, reflecting…

BoxCommerce, a leading global e-commerce platform and a MasterCard Start Path Partner, has officially launched in the UAE. Built to empower merchants of all sizes—from startups to established enterprises—BoxCommerce enables seamless online selling through a platform that is simple, powerful, and designed with local businesses in mind. Having successfully enabled businesses across Kenya, South Africa, and Indonesia, BoxCommerce now brings its innovative approach to one of the most dynamic e-commerce landscapes in the world. With strategic partners by its side, BoxCommerce is entering the UAE market to support the country’s vast SME sector with cutting-edge, easy-to-use digital commerce tools. “The…