Bahrain Bourse (BHB) and Abu Dhabi Securities Exchange (ADX) have launched the GCC’s first digital exchange hub – Tabadul. The exchanges commemorated this landmark achievement towards the launch of Tabadul with an official bell ringing ceremony live streamed from BHB and the ADX headquarters. Tabadul was the result of the signed strategic partnership agreement in November […]
Banking & Finance
Food & Beverage
United Arab Emirates
Food tech startup Supy raises USD8m in seed financing round
UAE-based B2B food marketplace, Supy, raised USD8 million in a Seed round led by Beco Capital with participation from existing investors including Valia Ventures and Cotu Ventures, Global Ventures and Amk Investment Office.
The winners of the Iberian Lawyer IP&TMT Portugal Awards 2022 were announced during the gala ceremony held at the Museu do Oriente in Lisbon, on July 6th 2022. Once again, the IP&TMT Awards
Deal & transactions
Energy & Trading
Other
Siemens Energy to build a stable energy infrastructure in Yemen
Siemens Energy and the Republic of Yemen have signed a Memorandum of Understanding (“MoU”) for the re-electrification of the country. The MoU focuses on the essential elements of the electrification of Yemen. This includes the
Banking & Finance
Deal & transactions
United Arab Emirates
Emirates NBD Group and BNY Mellon announce strategic alliance
Global investment company, BNY Mellon and Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Turkey) region, have entered a strategic alliance aimed at accelerating the growth
Italian luxury sports car manufacturer, Ferrari, in collaboration with Egyptian Automotive Importer Ezz Elarab Group, launched its official service center and authorized showroom in Egypt. The new partnership with Ferrari was celebrated with a grand
Deal & transactions
TMT
United Arab Emirates
AIQ and MBZUAI collaborate to energize research into AI technologies
AIQ, a joint venture between ADNOC and G42, and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) have signed a memorandum of understanding (MoU) related to joint research into AI related technologies with an emphasis
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
AlQamzi Developments to inject EGP14bn investments in Egypt
AlQamzi Developments has unveiled its strategic expansion plan in the Egyptian market, saying that it will inject investments worth EGP14bn in the span of four years. Yasser Zidan the Egyptian partner and executive
The National Bank of Egypt (“NBE”) has inaugurated its first branch in Juba, South Sudan on 28th June 2022 with a capital of USD30m. The bank’s presence in Africa will provide various banking and
In celebration of the ninth edition of Save the Brand, last night the Four Seasons in Milan witnessed the Awarding of 30 companies in the Food & Beverage sector, an event organized by LC Publishing Group –
