Author: Mahdeehassan

EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment. This investment aims to strengthen EdfaPay’s foothold in the Saudi market and expand its reach across the MENA region and Pakistan. “This funding marks a pivotal milestone for EdfaPay as we focus on Saudi Arabia’s flourishing entrepreneurship ecosystem,” said Eng. Ghormallah Alghamdi, co-founder and CEO of EdfaPay. “With this backing, we’re well-positioned to drive innovation and support the growing local and international demand for fintech solutions. EdfaPay’s growth strategy now encompasses a…

King’s College Hospital London – Dubai is proud to introduce Dubai’s first dedicated Paediatric and Adult Liver Transplant Centre, marking a pivotal chapter in a legacy of over 40 years of pioneering liver care. Part of the esteemed King’s Liver Transplant Centre of Excellence UK, this centre embodies the long-standing relationship between the UAE and King’s College Hospital London, inspired by a shared vision of accessible, world-class healthcare. This journey began in 1979 when His Highness Sheikh Zayed bin Sultan Al Nahyan made a transformative donation to King’s College Hospital in London, helping to establish the King’s Liver Research Centre.…

Diriyah Company has been simultaneously awarded two prestigious Mostadam (Ajwad) certifications for sustainability by the Ministry of Municipalities and Housing in alignment with the Kingdom’s Quality of Life Program, and a central aspect of Vision 2030. The dynamic mixed-use developer was recognized for the Northern Diriyah Area and the Ritz-Carlton Residences development projects respectively. The announcement came as part of the first day of the Cityscape Global real estate event titled “The Future of Living”, held in Riyadh from 11 – 14 November. The certification is granted to residential, and communities based on ratings that measure the sustainability of these…

The MICHELIN Guide invites you to embark on a one-of-a-kind culinary journey at Emirates Palace Mandarin Oriental, where top chefs from MICHELIN Guide restaurants will collaborate for an unforgettable dining experience. Featuring elements of earth, desert, sea, and sky, through six or eight-hand collaboration between numerous chefs, each dining experience will showcase a unique theme. Key Highlights: Friday 22nd MICHELIN Stars Table Dinner 7:30pm: Evvai (Two MICHELIN Stars, Brazil), Restaurant Allen (Two MICHELIN Stars, Korea), and Talea by Antonio Guida (One MICHELIN Star, Abu Dhabi).Saturday 23rd MICHELIN Stars Table Dinner 7:30pm: Esquina Común (One MICHELIN Star, Mexico), Samrub Samrub Thai (One MICHELIN Star, Thailand), and Martabaan by Hemant Oberoi (MICHELIN Selected, Abu…

Dubai, United Arab Emirates – BECO Capital, a leading early-stage venture capital firm, announced a $20M investment from SVC further strengthening its commitment to supporting the burgeoning Saudi startup ecosystem. The investment marks a key moment in BECO’s ongoing efforts to back the region’s most promising technology companies, with a specific focus on Saudi Arabia’s emerging market. “We’re thrilled to deepen our partnership with SVC, a respected institution whose mission aligns with ours: driving growth and innovation in Saudi Arabia’s technology sector,” said Dany Farha, Co-Founder and Managing Partner at BECO Capital. “This collaboration is a natural extension of BECO’s…

Dubai, UAE – November, 2024: Careem Pay, the digital wallet and fintech platform within the Careem Everything App, expands its international remittance service to include transfers to Spain, Italy, France, Ireland, and Germany. The service also introduced a new remittance feature enabling secure transfers to businesses abroad, starting with India. UAE residents can now transfer money to bank accounts in Spain, Italy, France, Ireland, and Germany in minutes through Careem Pay. More European corridors will launch in the coming months. Through a Single Euro Payments Area (SEPA) instant bank transfer, customers can now send up to AED 150,000 per transaction…

Cairo, November, 2024 – GlobalCorp Group (GC-Group), a leading Egyptian Non-Banking Financial Services Group, has announced a significant EGP 800 million increase in its issued and paid-in capital, reflecting robust growth and strong shareholder confidence. This capital boost is part of GC-Group’s strategic goal to expand its footprint and service offerings in Egypt’s Non-Banking Financial Institution (NBFI) sector. As part of its broader expansion, GC-Group plans to diversify its services, moving beyond B2B leasing and factoring solutions to establish a comprehensive NBFI platform that caters to both B2B and B2C clients. This transition is supported by Ollin, GC-Group’s consumer and mortgage lending arm,…

Dubai, United Arab Emirates: Dubai Holding Entertainment (DHE), is proud to introduce the one-of-a-kind Shelter of Inclusivity art installation at this year’s Dubai Design Week. This interactive art installation, created in strategic collaboration with Canadian University Dubai (CUD) and supported by ImInclusive, champions accessibility and celebrates the unique contributions of the People of Determination (PoD) community being the only installation focused on inclusion among all those present this year. Running from 5th to 10th November at Dubai Design District (D3), the event welcomes thousands of visitors to engage with this transformative piece, spotlighting Dubai Holding Entertainment’s ongoing dedication to social responsibility across its attractions.…

The Ajman Tourism Development Department (ATDD) signed two memorandums of understanding (MOUs) with Coral Touristik GmbH, a leading tourism services provider, and Vtours, a renowned tour operator, on the sidelines of the department’s participation in the World Travel Market, which is currently taking place in London until November 7. The new agreements demonstrate the Department’s commitment to expanding its strategic alliances with foreign travel and tourism firms in order to share best practices and methods in the areas of hotel reservations, tourism services, and exchange of expertise and knowledge. The move is set to elevate the Emirate of Ajman’s position on…

Abu Dhabi, UAE, November 2024: The Anwar Gargash Diplomatic Academy (AGDA), the UAE’s leading diplomatic training center, hosted Her Excellency President Dr. Nataša Pirc Musar of the Republic of Slovenia. Among the attendees were Her Excellency Natalia Al Mansour, Ambassador of Slovenia to the UAE, a delegation from the Slovenian Embassy, His Excellency Nickolay Mladenov, Director General of AGDA, as well as AGDA’s faculty and students. During her visit, President Musar delivered a lecture titled “Small States in the Midst of Challenges to the Contemporary World Order,” focusing on the role of small states in international institutions like the United Nations and their increasing influence on global agendas. Following the lecture, a discussion session was held between President Dr. Nataša and Director General Nickolay Mladenov, highlighting Slovenia’s…