Daily Archives: August 15, 2024

Business & Investments

Mastercard collaborates with fintech start-up, Scale, to accelerate growth of digital payment solutions in Africa and the Middle East

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  • Partnership will enable quicker roll-out of payment programs for fintech companies, banks, telcos, retailers, payment service providers and aggregators
  • The collaboration will enable companies to focus on their core business, expediting the launch of new products and services, and achieving profitability at speed

Dubai, UAE, 15 August 2024: Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East.

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Business & Investments

ADGM Continues Rapid Growth, Issues 1,271 New Licences in H1 2024: Assets Under Management Increase by 226%

  • A surge of 226%in Assets Under Management was reported in H1 2024 compared to H1 2023.
  • 112 asset and fund managers now operate in ADGM, managing 141 funds.
  • The number of new licences grew by 20.5% compared to H1 2023.
  • Workforce grew by over 2,500at the end of H1 2024 compared to the same period last year.
  • ADGM Al Reem Island Expansion fuels a residential surge with the island’s occupancy rate reaching more than 92% at the end of June 2024.

Abu Dhabi, UAE, 14thAugust2024: ADGM, the international financial centre (IFC) of the UAE’s capital, continues its impressive growth trajectory, reporting exceptional performance in the first half of 2024. As the fastest-growing financial centre and the only jurisdiction with the direct application of the English Common Lawin the region, ADGM’s consistent achievements and strategic initiatives are a catalyst to the growth of Abu Dhabi’s financial sector growth.

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Business & Investments

Simplify Property Management with PlanRadar: Address Sick Building Syndrome and Enhance Portfolio Value

Dubai, UAE, 15th August 2024 – Ensuring the health and longevity of properties is crucial in today’s digital age. With most of our time spent indoors, building quality directly affects well-being. “Sick Building Syndrome” (SBS) is a significant concern, leading to health issues from poor indoor environments. PlanRadar, a top platform for digital documentation, communication, and reporting in construction, facility management, and real estate, provides an effective solution to manage indoor spaces, combat SBS, and enhance real estate value through smart maintenance and technology.

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Business & Investments

J.P. Morgan joins MEIRA’s 16th Annual Conference as Diamond Sponsor, to Enhance Corporate Access

Abu Dhabi, UAE, 14th August, 2024 – The Middle East Investor Relations Association (MEIRA) is excited to announce that J.P. Morgan is joining as a Diamond Sponsor for the 16th MEIRA Annual Conference & Awards, set to take place on December 11th and 12th in Abu Dhabi.

Renowned as the premier IR gathering in the Middle East, the 2024 MEIRA Annual Conference in Abu Dhabi offers a strategic platform for listed companies, brokers, research analysts, IR advisory firms, investors, Exchanges and regional regulatory bodies to converge and discuss crucial topics including IR, Environmental, Social, and Governance (ESG) practices, Artificial Intelligence (AI), and overall capital market strategies. The 2024 edition will also introduce a bespoke Corporate-Access event with First Abu Dhabi Bank (FAB) having already joined the initiative with a lead role in facilitating meaningful connections between IR Officers and Investors from both local and international Buy-Side.

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