Daily Archives: July 29, 2025

Business & Investments

MoneyGram and Bank AlJazira Partner to Expand

Cross-Border Money Movement in Saudi Arabia

Bank AlJazira customers can now send and receive money across nearly every country and territory in the world through the global MoneyGramnetwork

RIYADH, Kingdom of Saudi Arabia, July 29, 2025

MoneyGram, a leading global payments network for consumers, businesses and communities, today announcedresuming money transfer services with Bank AlJazira, a leading bank in Saudi Arabia. This partnership expands access to physical and digital cross-border money movement solutions across the Kingdom, supporting Saudi Arabia’s Vision 2030 and its goal of buildingan inclusive, digitally empowered economy.

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Technologies

Discover the Innovation & Technology Behind HONOR Magic V5 Ultra-slim Design

The all-new foldables combines Ultra-Slim 8.8mm design with industry’s largest foldable battery

HONOR, a global leading AI device ecosystem company is set to launch the HONOR Magic V5 in the Middle East, the ultra-slim foldable phone at just 8.8mm[1]. This new flagship foldable combines the ultra-slim design, the industry’s largest battery in a foldable, and HONOR’s super strong hinge in one powerful and durable device. With HONOR Magic V5, HONOR proves that you don’t have to choose between thin, strong, and long-lasting, becauseyou can get it all.

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Education

Manipal Academy of Higher Education (MAHE) Dubai campus launches forward-thinking BA (Honours) Liberal Arts Program

Image - Manipal Academy of Higher Education Dubai campus

Dubai, UAE – July 29, 2025 – Manipal Academy of Higher Education (MAHE) Dubai proudly announces the launch of its groundbreaking BA (Honours) Liberal Arts program at the Manipal Institute of Liberal Arts (MILA), responding to evolving global workforce demands and reinforcing Dubai’s position as a premier international education hub. This innovative program, with admissions open for September 2025, marks a strategic advancement in higher education for the region.

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Technologies

Huawei and Anghami Join Forces to Launch the Anghami App on HarmonyOS 5 Smartwatches, Transforming On-the-Go Entertainment

Dubai, UAE – July 29, 2025– In a move that redefines how users experience music on the go, Huawei has joined forces with Anghami, the leading music streaming platform in the Middle East and North Africa, to launch a new smartwatch application optimized for the HUAWEI WATCH 5 and powered by HarmonyOS 5.

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Business & Investments

Al Seer Marine Reports Increase in Operating Profit to AED 156 Million with AED 698 Million in Revenue for the First Half of 2025

  • Revenue rises 20.2% year-on-year, supported by enhanced asset utilisation.
  • Gross profit climbs 81.7% to AED 89 million, with gross margin expanding from 8.4% to 12.7%.
  • Cash balance grows 178% to AED 490 million, driven by stronger collections.
  • Total assets rise 7.6% to AED 8.1 billion, whilst total borrowings decrease by 16%.

Abu Dhabi, Monday 28th ofJuly 2025: Al Seer Marine (ADX: ASM), a frontrunner in advanced maritime solutions and a subsidiary of IHC, announces its financial results for the first half of 2025. The company posts revenue of AED 698 million, marking a 20.2% increase compared to the same period last year.

Continue reading Al Seer Marine Reports Increase in Operating Profit to AED 156 Million with AED 698 Million in Revenue for the First Half of 2025 →