LONDON — AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m. (GST), at the Fairmont Dubai to discuss the potential impact of recent developments on Middle Eastern and North African insurance and reinsurance markets. Countries within the MENA region have faced varying challenges in recent years, from supply […]
AL KHOBAR, Saudi Arabia & BUFFALO, N.Y. — Viridi, a developer of innovative battery technology that can be safely installed and operated in nearly any environment or location, is expanding its global presence through the launch of Viridi MENA. This subsidiary, headquartered in Al Khobar, Saudi Arabia, will work with partners in the region to […]
QINGDAO, China — For Chinese companies, planning localization layout in the local market to quickly enter and nurture global markets is becoming an imperative topic in their new phase of international expansion for China’s smart manufacturing. Recently, Ifeng.com’s premiere of “Chinese Brands Enhancing Life in the Middle East and Africa through Innovation” detailed Haier’s dynamic […]
Dubai, United Arab Emirates — In an era when the world is at a crossroads between sustainable living and technological innovation, TERRA, a pioneer in electric vehicle (EV) technology, is reshaping the last-mile delivery industry in the MENA region. Their groundbreaking Smart Battery Swapping solution, marks a historic moment, as they become the FIRST to […]
Dubai: Arla Foods, recognized as one of Denmark’s largest food producers and a global leader in the industry, aims to bring its transformative initiatives to the forefront of the international stage at COP28 in Dubai. Emphasizing their main highlights on the COP28, Mr. Kim Villadsen, Senior Vice President and Head of MENA, said, “At Arla, […]
London, United Kingdom – Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with CanariaBio, a Korean biopharmaceutical company focused on the development and commercialization of immunotherapies for cancer. Under the terms of the agreement, Hikma has an exclusive license to commercialise Oregovomab in 18 Middle East and North Africa […]
London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive license agreement with Cassiopea S.p.A., a subsidiary of Cosmo Pharmaceuticals N.V. (Cosmo). Cosmo is focused on developing and commercialising products to treat selected gastrointestinal diseases and dermatological conditions. Under the terms of the agreement, Hikma has an exclusive license to commercialise […]
Riyadh, Saudi Arabia — Rewaa, Saudi’s leading omnichannel inventory management system, accounting, and POS platform for the retail industry, announced that it raised $27 million in Series A funding round led by Wa’ed Ventures, a VC fund wholly owned by Aramco. STC’s Corporate Innovation Fund (CIF) participated in the round alongside Silicon Valley’s Graphene Ventures, […]
Dubai, United Arab Emirates — Fresh Del Monte in the Middle East and North Africa (“MENA”) is proud to announce the launch of its newly redesigned website. Commenting on the launch, Racha El Aawar, Director of Marketing MENA said: “From functionality and appearance to easy navigation, we redesigned our new website to showcase our new brand […]
DUBAI, United Arab Emirates — FxPro, a leader in the online trading industry, is thrilled to announce its office relocation to Bay Square, Building 2, Office 101, in the bustling city of Dubai. This move underpins the company’s ongoing commitment to strengthen its presence and expand its business operations within the region. FxPro was also […]
500 Global, a leading multi-stage venture capital firm, and Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth, and small buyouts, today unveiled the 14 startups in Batch 5 of the Sanabil 500 MENA Seed Accelerator Program 2023. The final set of companies that have been chosen are focused […]
