Emirates

Abu Dhabi Exports Office takes part in TXF MENA conference

ABU DHABI, 6th March, 2024 (WAM) — The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), participated in the TXF MENA conference, marking the third consecutive year of its engagement with the event. The conference, which took place in Dubai on 5-6 March, brought together industry leaders and […]

MC ADCB Signing Ceremony Press Releases

ADCB introduces the region’s first Mastercard Carbon Calculator to support sustainability ambitions of business clients

Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) introduced the region’s first Mastercard Carbon Calculator, an innovative tool that supports the sustainability ambitions of businesses by providing data on the estimated carbon footprint of their corporate expenditure using the ADCB corporate cards. ADCB, which has joined the UN-convened Net-Zero Banking Alliance (NZBA) in support of the goals […]

Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing Press Releases

Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing

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 […]

Haier's Odyssey in the Middle East and Africa: Forging a Global Brand through Localized Innovation. Press Releases

Haier’s Odyssey in the Middle East and Africa: Forging a Global Brand through Localized Innovation.

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 […]

Charging the Future: TERRA Makes History as the FIRST to Bring Smart Battery Swapping to MENA! Press Releases

Charging the Future: TERRA Makes History as the FIRST to Bring Smart Battery Swapping to MENA!

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 […]

Kim Villadsen (1) Press Releases

Arla Foods Gears Up for COP28 with a Commitment to Sustainable Transformation and Carbon Neutrality

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, […]

Hikma continues strong momentum across the Group and upgrades guidance for 2023 Press Releases

Hikma and CanariaBio sign exclusive licensing agreement to bring Oregovomab to the Middle East and North Africa

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 […]

Hikma continues strong momentum across the Group and upgrades guidance for 2023 Press Releases

Hikma and Cosmo partner on exclusive licensing agreement for Winlevi® (Clascoterone) for the 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 […]

Wa’ed Ventures leads a US $27 million Series A round for Rewaa, with participation from STC’s CIF, the largest Series A round for a SaaS company in MENA Press Releases

Wa’ed Ventures leads a US $27 million Series A round for Rewaa, with participation from STC’s CIF, the largest Series A round for a SaaS company in MENA

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, […]