Author: Mahdeehassan

Dubai, UAE – The Dubai Business Registration and Licensing Corporation (DBLC), part of the Dubai Department of Economy and Tourism (DET), has unveiled the next-generation version of the Invest in Dubai (IID) platform during GITEX GLOBAL 2025 at the Dubai World Trade Centre. The enhanced platform delivers a landmark advancement in Dubai’s digital government services, implementing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the establishment of the Unified Digital Platform to streamline business setup across the emirate. The launch follows the resolutions issued by…

Dubai, UAE –Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, has announced a strategic partnership with Keeta, the international subsidiary of Meituan, China’s on-demand delivery service, to enhance last-mile delivery services across the emirate and pioneer next-generation logistics solutions. The agreement was officially signed during GITEX in Dubai by Mansoor Rahma Alfalasi, Chief Executive Officer of Dubai Taxi Company, and Alex Wei, Logistics General Manager of Keeta Middle East. The collaboration aligns with DTC’s long-term growth strategy to expand its leading presence in transport and delivery markets, particularly within the fast-evolving…

Dubai, UAE – Emerald Ecotechnologies, LLC, together with its Authorized Partner in the UAE, Emirates Electrical & Instrumentation Company (EEIC) – a Ghobash Group Enterprise – concludes a successful showcase of their flagship Aquachlor® Mixed Oxidant Generators at WETEX 2025, held at the Dubai World Trade Centre from 30 September to 2 October. Throughout the exhibition, the partners demonstrated how their flagship Aquachlor® Mixed Oxidant Generators are reshaping water disinfection in the region. By generating disinfectants on-site using only pure salt and water, Aquachlor® eliminates reliance on imported chemicals while delivering up to 90% operational cost savings and ensuring compliance with…

UAE-based venture capital firm Iliad Partners has announced the second closing of its $50 million Iliad Partners Tech Ventures Fund I. The new closing of the Iliad Fund features three leading Greek banks – Eurobank, National Bank of Greece and Piraeus Bank – which are joining the Fund as strategic LPs with significant commitments – a strong vote of confidence in Iliad’s strategy. This marks their first-ever VC investment in MENA, underscoring a shared commitment to fostering innovation, a common belief in the potential of GCC markets, while also aligning with their broader strategy of expanding into the region, with…

Press release: Engagesoft, the KSA-based, AI-powered platform for employee engagement and organizational effectiveness, has raised a $3.5 million Pre-Series A round led by Silicon Badia. The investment will accelerate Engagesoft’s AI-driven roadmap, advancing its mission to deliver an integrated view of organizational health across engagement, culture, leadership effectiveness, and performance. Over the past 18 months, Engagesoft has tripled its customer base, as well as its average subscription value, and grown annual recurring revenue more than tenfold. Founded in 2021 by brothers Omar and Tareq Tahboub, who together have decades of experience in scaling enterprise products and building advanced technology platforms.…

Doha, Qatar — Qatar-based invoice financing fintech platform Madad Financial Technologies recently hosted the first session of the Madad Masterclass on October 1st at Radisson Blu Hotel, Doha. With over 60 business owners in attendance, the session was the first of a series designed to help small and medium enterprises (SMEs) in Qatar strengthen their financing readiness and adopt smarter financial management practices. SMEs play a vital role in Qatar’s diversification efforts, contributing an estimated 15–17% to the country’s non-oil GDP, according to government estimates. However, access to finance remains one of their most pressing challenges. The Global Entrepreneurship Monitor: Qatar…

Dubai, UAE: Oracle today announced expansion in Dubai Internet City, the region’s leading tech hub and part of TECOM Group PJSC, with the opening of a state of the art Customer Experience Centre, designed to showcase latest Artificial Intelligence (AI) technologies and innovations. The Customer Experience Centre was inaugurated by Abdulla Belhoul, Chief Executive Officer of TECOM Group, and Ammar Al Malik, Executive Vice President of Commercial at TECOM Group PJSC and Managing Director of Dubai Internet City. The new customer experience centre introduces a reimagined Zayed Innovation Hub, one of the first AI dedicated hubs launched in the UAE. The newly designed innovation…

Dubai, UAE – Vivium has joined the private asset management platform Solida Capital and the international private investment company Alsara Investment Group in acquiring Giorgetti Group. The partnership marks a major milestone for both Giorgetti and Vivium, united by shared values of craftsmanship, design excellence, and long-term growth. The new ownership strengthens Giorgetti’s international expansion while preserving its heritage and creative identity, and reinforces Vivium’s position in the global design industry through direct involvement with one of Italy’s most iconic furniture brands. The new partners aim to accelerate Giorgetti’s growth across new markets and extend its presence beyond furniture into a broader…

Dubai, United Arab Emirates – Naseej for Technology, a leading provider of digital transformation solutions for learning and knowledge management across the GCC and MENA, announced its participation in GITEX Global 2025, taking place from October 13 to 17, 2025, at the Dubai World Trade Centre. As one of the world’s most influential technology exhibitions, GITEX Dubai 2025 will bring together global leaders from government, technology, and innovation to shape the future of the digital economy. Empowering the Future of Education and Knowledge Ecosystems Under the theme “Bringing Innovation for Learning and Knowledge,” Naseej will showcase an integrated suite of solutions…

NEW YORK – The Goldman Sachs Group, Inc. (NYSE: GS) today announced the opening of an office in Kuwait, furthering the firm’s commitment to the country and the region. “Kuwait is driving forward a rapid transformation to deliver economic growth and opportunities for its citizens,” said David Solomon, Chairman and Chief Executive Officer of Goldman Sachs. “We look forward to deepening our longstanding partnership with Kuwait as we establish this office to grow our capabilities across the Middle East and better serve our clients.” Goldman Sachs and Kuwait have been strategic partners for 50 years, collaborating on Investment Banking, Capital Markets…