Author: Mahdeehassan

Yango Group, the UAE-based global tech company digitalising urban services, today announced that its advanced AI-powered routing technologies saved urban commuters more than 5 million hours in 2025 across 20+ cities of its presence — the equivalent of 600 years of human time returned to communities. The findings, based on an analysis of millions of […] The post Yango Group’s AI Routing Technology Saved Users 5 Million Hours in 2025 appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Breadfast, one of Egypt’s leading online grocery platforms, with an equity investment of up to US$ 10 million. The funding aims to accelerate Breadfast’s growth and strengthen its competitiveness in the digital retail market. The investment is part of Breadfast’s Series B2 round, […] The post EBRD backs Egyptian e-grocer Breadfast appeared first on Web-Release.

Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in Saudi Arabia, today announced record financial results for the full year ended 31 December 2025. Financial Highlights: Revenue: SAR 653 million, up 82% year-over-year Gross Profit: SAR 465 million, up 95% year-over-year, with margin expanding to 71.2% from 66.5% Adjusted EBITDA: SAR […] The post Rasan Reports Record FY 2025 Results with 82% Revenue Growth to SAR 653 Million and Adjusted Net Income Nearly Tripling appeared first on Web-Release.

Gold prices have been volatile, but not disorderly. Movements can largely be explained by familiar forces: real interest rates, the strength of the dollar, expectations around monetary easing, and shifts in risk appetite. There is no evidence of empty vaults, failed settlements, or a breakdown in the mechanics of the gold market. And yet, unease […] The post Gold, Paper Claims and the Lebanese Lesson appeared first on Web-Release.

Nissan Formula E Team’s Oliver Rowland clinched his third podium of the season in Round 5 of the 2025/26 ABB FIA Formula E World Championship in Jeddah, as the squad bounced back strongly from a tough first race of the double-header the day before.  In the opening race of the weekend on Friday, Norman Nato […] The post Nissan Formula E Team scores third podium of Season 12 in Jeddah appeared first on Web-Release.

European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso will travel to Nigeria this week, marking her first visit to a sub-Saharan country since Bank shareholders’ historic decision to start investing in the region. During her visit, President Renaud?Basso will meet with senior government officials, including Minister of Finance and Coordinating Minister of the Economy and EBRD […] The post Historic first visit of EBRD President to Nigeria and sub-Saharan Africa appeared first on Web-Release.

Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP) announced its audited financial results for the fiscal year 2025, marking one of the Company’s strongest performances in recent years and a historic milestone with the Board of Directors proposing a cash dividend of AED 3 Fils per share, the first cash dividend in 11 […] The post Union Properties Enters a New Era with Record Performance and Proposed Dividend Revival appeared first on Web-Release.

Lebanese and international designer Bilal El Dana officially celebrated the grand opening of his new flagship boutique in Downtown Beirut with an exclusive event titled “Inspired by Beirut, Created for the World.” The new opening marks a defining new chapter for the Maison, reaffirming the designer’s unwavering belief in Lebanon’s future and Beirut’s enduring status as a global fashion […] The post “Inspired by Beirut, Created for the World”: Bilal El Dana Celebrates the Grand Opening of His New Flagship in the Heart of Beirut appeared first on Web-Release.

The Saudi Motorsport Company (SMC) is delighted to announce that Egyptian icon Marwan Moussa has been added to the weekend entertainment line-up at the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2026, when he will perform on the Jeddah Corniche Circuit Main Fan Zone Stage on Friday April 17th. The pinnacle of motorsport will be returning to Jeddah, home […] The post Marwan Moussa added to the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2026 Entertainment Line-Up appeared first on Web-Release.

LG Electronics (LG) has partnered with Sedition, the pioneering platform for digital art, to bring inspiring contemporary artworks to LG Gallery+.1 A premium visual curation service for LG Smart TVs, the LG Gallery+ subscription service offers a vast library of content – including video-format works – for a dynamic and immersive art experience at home, […] The post LG GALLERY+ PRESENTS DIGITAL ARTWORK FROM SEDITION, INCLUDING SELECT EXCLUSIVE PIECES appeared first on Web-Release.