Author: Mahdeehassan

The European Bank for Reconstruction and Development (EBRD) is bolstering value chains in the agribusiness sectors of two west African countries, providing a €70 million loan to Valency International. The EBRD funds will help Valency International to meet its working capital needs, enabling the procurement of cashew, soya beans, cocoa and sesame in Côte d’Ivoire and Nigeria for processing and […] The post EBRD bolsters agriculture sectors of Côte d’Ivoire and Nigeria appeared first on Web-Release.

Hamdan Bin Rashid Al Maktoum Foundation for Medical and Educational Sciences has concluded a series of outreach visits introducing its educational awards to 300 potential nominees, including students, teachers, and education professionals, across seven schools and scientific complexes in various Emirates. The field-based programme aimed to strengthen quality participation in the current awards cycle. A […] The post Hamdan Foundation Concludes Outreach Visits Across UAE Schools appeared first on Web-Release.

ExtraHop®, a leader in modern network detection and response (NDR), today announced its expansion into Saudi Arabia. This move follows significant international growth, including major expansions and customer wins across Europe, the Middle East, and Asia Pacific. ExtraHop has gained notable traction across the Middle East, securing key sectors, including government, financial services, and transportation. […] The post ExtraHop® Fuels International Momentum, Establishes Presence in Saudi Arabia with AstroLabs appeared first on Web-Release.

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.