Monthly Archives: August 2025

Business & Investments

ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets

ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets

Abu Dhabi, 18 August 2025: ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC, located in DIFC and regulated by the DFSA, has launched ADIB Islamic Trade Opportunities Fund (“Fund”) for Professional Clients and Market Counterparties, a Sharia-compliant investment vehicle incorporated in DIFC, and targeting short-duration, trade opportunities exposed to developed markets (United States and Europe).

The Fund seeks to deliver attractive risk-adjusted returns with quarterly distributions, underpinned by a disciplined approach to risk and liquidity management.

Continue reading ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets →
Sports & Recreations

DP World ILT20 Development Tournament – Kuwait 2025 to begin from 4 September 

  • The DP World International League T20 Season 4 will begin on Tuesday, 2 December – UAE National Day (Eid-Al-Etihad) with a blockbuster opening, the six-team, 34-match tournament will conclude with the final on Sunday, 4 January 2026 

Kuwait, 18 August 2025: The DP World ILT20 Development Tournament (Kuwait-leg) 2025 will be played from 4 to 12 September at the Sulaibiya Cricket Ground, featuring Failaika Guardians, Pearl Strikers, Kuwait Falcons, and Boubyan Warriors.  

The ILT20, Emirates Cricket Board and Kuwait Cricket entered a strategic partnership in June this year which is aimed at the growth and promotion of the sport in Kuwait. The inaugural edition of the DP World ILT20 Development Tournament – Kuwait, is a significant milestone in the partnership.  

Continue reading DP World ILT20 Development Tournament – Kuwait 2025 to begin from 4 September  →
Technologies

Riverbed Launches New AI Innovators Awards Program to Recognize Customers Embracing AI to Transform IT Operations

Riverbed honors customers worldwide for transforming their organizations through large-scale AI initiatives, delivering faster incident response, improved uptime and more scalable IT operations

Dubai, United Arab Emirates – August 19, 2025 – Riverbed, the leader in AIOps for observability, today announced the launch of the Riverbed AI Innovators Awards Program designed to recognize customers at the forefront of AI technology and redefining how their business operates – leveraging AI for everything from predictive analytics to intelligent automation. These organizations are driving the future of AI innovation harnessing the Riverbed Platform and the company’s next-generation AIOps and observability solutions to prevent disruptions, reduce costs, and deliver a smoother, more reliable digital experience.

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Health Care

Response Plus Medical, Austability sign strategic partner non-financial MoU

Abu Dhabi, August 18, 2025: Response Plus Medical Services LLC (RPM), a subsidiary of Response Plus Holding PJSC – the largest pre-hospital care and emergency medical services provider in the region, has signed a strategic partner non-financial Memorandum of Understanding (MoU) with Austability Group Ltd, delivering world class expeditionary integrated base operational support services across the globe.

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Business & Investments

du Pay launches ‘Salary in the Digital Wallet’ feature, empowering financial inclusion for the UAE workforce

du Pay highlights commitment to improving customer experience and supporting UAE’s vision of fostering financial inclusivity and innovation.

Dubai, UAE, August 18, 2025 – du Pay, the advanced digital financial services subsidiary of du launches the ‘Salary in the Digital Wallet’ (SITW) feature, a cutting-edge service that allows UAE workforce to receive their salaries directly into their digital du Pay wallets. This feature will enhance the lives of the workforce in the UAE through access to simple, secure, and digital financial services.

Continue reading du Pay launches ‘Salary in the Digital Wallet’ feature, empowering financial inclusion for the UAE workforce →