Author: Mahdeehassan

Dubai, United Arab Emirates – On the sidelines of its exclusive WSO2Con Asia event for key customers in the Middle East, including a major sovereign wealth fund, a leading financial institution in the GCC and public sector institutions, WSO2 has announced the signing of three strategic channel partnerships. The agreements with United Delta Systems, Mass Data Technologies, and Vismaya Technologies mark a major step forward in the company’s regional expansion, significantly enhancing its reach and service capabilities across the UAE, Saudi Arabia, Qatar, and Oman. The agreements were signed by Devaka Randeniya, Chief Revenue Officer at WSO2, in the presence of…

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In a dazzling celebration blending art, investment, and visionary urban development, Qawafel Real Estate Development officially unveiled its latest flagship project, “Tri-Hub,” at an exclusive gala held last night at Triumph Hotel in the Fifth Settlement. The event drew an elite gathering of dignitaries, investors, real estate experts, and prominent figures from the economic and business media.Tri-Hub: A Smart Urban Ecosystem Positioned as a next-generation mixed-use complex, Tri-Hub integrates commercial, administrative, and medical facilities within a strategic location near the 90th Southern Axis, adjacent to major universities and high-density residential areas. This prime positioning ensures a dynamic environment that meets…

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The Islamic Affairs & Charitable Activities Department (“IACAD”), a government agency responsible for overseeing Islamic affairs, mosques and charitable activities has entered a strategic partnership with Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai. Key Takeaways This landmark collaboration, the first of its kind between the Company and IACAD, will enhance access to mosques by ensuring fair and efficient use of mosque parking facilities for all visitors, especially during prayer time. The partnership aims to ease the challenge of finding parking during prayer, improve access to mosques at all…

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Abu Dhabi, UAE | Spare, a leading Open Finance infrastructure provider, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) to operate under the country’s Open Finance regulatory framework. This milestone places Spare among the first cohort of companies advancing toward full regulatory authorization under the UAE’s Open Finance framework. It reflects the company’s commitment to secure, compliant, and user-centric financial innovation across the region. As part of Spare’s regional expansion strategy, the UAE reinforces the company’s approach of entering markets with a well-defined regulatory framework. Spare’s expansion into the UAE comes shortly after the establishment of…

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The iconic MEO Arena will once again host SBC Summit’s Super Stage in 2025, offering an inspiring mix of daytime content, including keynotes from Gary Vaynerchuk and Randi Zuckerberg, followed by evening celebrations with global awards shows and the return of INFINITY Lisbon. Debuting at SBC Summit in 2024, the Super Stage was introduced as a premium conference and entertainment venue due to its scale and its location adjacent to the Feira Internacional de Lisboa. The stage quickly became a defining feature of the event, hosting iconic appearances by Sir Tim Berners-Lee and Tony Hawk, and serving as the birthplace of the now-famous INFINITY parties, now a signature element…

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Randi Zuckerberg, tech powerhouse, media entrepreneur, and AI advocate, will take the stage at SBC Summit 2025, sharing unfiltered thoughts across a series of sessions designed to inspire as much as inform. From launching ‘Facebook Live’ and founding the creative arts platform HUG, to winning three Tony awards and hosting her own SiriusXM radio show, Randi Zuckerberg has long stood at the intersection of technology, media, and entrepreneurship. Randi Zuckerberg first rose to prominence as one of Facebook’s earliest employees, where she led key marketing initiatives and played a pivotal role in launching ‘Facebook Live’, redefining how the world interacts and engages with…

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SBC Summit 2025 will sharpen its focus on one of the world’s most tightly regulated and commercially significant regions with the launch of the Global Markets – Western Europe track. Taking place on Wednesday, 17 September at Lisbon’s Feira Internacional de Lisboa (FIL), the track will deliver strategic insights into how major operators are navigating escalating compliance demands, shifting player expectations, and intensifying global competition. As part of the summit’s broader Global Markets programme, the Western Europe track will equip delegates with actionable strategies for thriving in regulation-heavy markets like Italy, the Nordics, the Netherlands, and Portugal. From revised licensing frameworks to new consumer protection…

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Following a successful run, the Affiliate Leaders Summit will make its return to the Feira Internacional de Lisboa (FIL) this September, now expanded to a three-day format and featuring the debut of the Affiliate Leaders Awards. Taking place from 16–18 September, the Affiliate Leaders Summit runs alongside SBC Summit as a focused, standalone platform for affiliates, affiliate managers, and enabling suppliers. It also delivers a more targeted networking and learning experience, with a dedicated content stage and curated audience of 8,000 operator representatives and 3,500 affiliates. Affiliate Leaders Summit delegates will also enjoy full access to wider SBC Summit features, including evening socials, the main expo floor, and Super…

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Muscat: In a testament to its commitment to human capital development and its strategic role in driving national progress, Sohar International proudly hosted the graduation ceremony for the third cohort of its distinguished ‘Tomohi’ program. Held at the Mandarin Oriental, Muscat, the event took place under the esteemed patronage of His Excellency Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, and in the presence of Mr. Said Mohamed Al-Aufi, Chairman of Sohar International, and Mr. Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International. The ceremony was also attended by members of the Board of Directors, senior…

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Jeddah — The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, has marked another significant milestone with the reaffirmation of its “AA-” long-term issuer credit and financial strength rating by Standard & Poor’s (S&P), with a stable outlook. This rating remains the highest within its peer group globally. The reaffirmation underscores ICIEC’s solid credit profile with robust financial strength and low credit risk. S&P expects ICIEC to continue expanding its business operations while maintaining robust levels of capital adequacy, exceptional liquidity buffers, and steadily increasing profitability.…

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