Monthly Archives: May 2025

Business & Investments

Dubai Islamic Bank Names First Million-Dirham Winner of 2025 Visa Card Draw Campaign

  • Female Emirati cardholder wins AED 1,000,000 grand prize in latest DIB Visa Cards drive, reinforcing the bank’s commitment to rewarding customer loyalty

Dubai, UAE – 8  May 2025: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the winner of its AED 1,000,000 Visa Cards Draw Campaign – a female Emirati customer, Ms. Mariam Al Dhuhoori, who struck it rich after spending with her DIB Visa Card. The two-month campaign, starting February 2025, offered DIB cardholders a chance to win by simply spending a minimum of AED 1,000 during the campaign period.

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Business & Investments

O Gold and Mawarid Finance Announce Strategic Partnership to Launch the Region’s First Shariah-Compliant Gold-Backed Prepaid Card

• Pioneering Ethical Fintech Through Real Asset-Backed Innovation


Dubai, UAE, 08 May 2025 – In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold.

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Business & Investments

Sayward Capital Corp. Signs Definitive Agreement with Technosteel Construction (L.L.C.) for Historic TSXV Qualifying Transaction

Calgary, Alberta – Sayward Capital Corp. (TSXV: SAWC.P) (“Sayward”), a capital pool company listed on the TSX Venture Exchange (TSXV), today announced it has entered into a definitive share exchange agreement with Technosteel Construction (L.L.C.), a leading UAE-based structural steel company. The transaction marks a historic first—the first time in the history of the Canadian capital markets that a UAE-headquartered operating company will be listed on a Canadian stock exchange.

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Education, Events

UAE and India to Deepen Innovation Ties at “Future of Learning” Event Hosted by Khaleej Times Events This May

Dubai, 6 May 2025—UAE and India are set to take a concrete step forward in strengthening their bilateral relationship through the upcoming high-impact event, “Future of Learning: Innovation, Technology & Entrepreneurship,” to be held on 20 May 2025.

Set to be held in Dubai, the summit will bring together key policymakers, educators, startup leaders, and investors to envision a future-ready ecosystem that bridges creativity, learning, talent, and entrepreneurship.

Continue reading UAE and India to Deepen Innovation Ties at “Future of Learning” Event Hosted by Khaleej Times Events This May →