Monthly Archives: July 2026

Technologies

Backbase acquires Kasisto, leading the industry shift to Agentic Banking

Strategic acquisition brings banking-grade agentic AI with governance and regulatory controls built into the Backbase AI-native Banking OS.

July 2026 – Backbase has announced the acquisition of Kasisto, a pioneer in agentic AI for banking and financial services. Kasisto’s agentic platform, financial services intelligence, and New York-based team are now part of Backbase and the AI-native Banking OS.

Jouk Pleiter, Founder and CEO at Backbase

Most banks have deployed agentic AI in isolated pockets — agents that answer questions without resolving work, leaving intent fragmented across channels, contact centers, and operations. Closing that gap requires purpose-built banking intelligence, reasoning-native agents, and governance embedded from the ground up – not generic AI platforms.

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Business & Investments

e& recognised by CIPS for procurement excellence

Achievement reinforces commitment to world-class procurement, governance and continuous improvement

Dubai, 7 July 2026: e& has been recognised through the Chartered Institute of Procurement & Supply (CIPS) Procurement Excellence Programme (PEP), demonstrating its commitment to advancing procurement capability, strengthening governance and embedding international best practice across its procurement function.

The CIPS Procurement Excellence Programme is one of the profession’s most respected organisational assessments, providing an independent evaluation of procurement capability against globally recognised standards. It helps organisations benchmark performance, identify opportunities for improvement and build a clear roadmap for continuous development.

Through the programme, e& has further strengthened its procurement capability, reinforcing its strategic approach to governance, supplier collaboration, risk management and long-term value creation.

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Business & Investments

“نسيج” توسّع منظومة شراكاتها الوطنية بتوقيع 14 مذكرة تفاهم استراتيجية

المبادرة تضم أكثر من 35 جهة ومؤسسة من مختلف القطاعات في الدولة

“نسيج” توسّع منظومة شراكاتها الوطنية بتوقيع 14 مذكرة تفاهم استراتيجية

تستعد لإطلاق برامج ومبادرات تسهم في تسريع التحول نحو الاقتصاد الدائري للمنسوجات في دولة الإمارات

أبوظبي، الإمارات العربية المتحدة، 07 يوليو 2026: وقعت المبادرة الوطنية لتدوير المنسوجات “نسيج”، 14 مذكرة تفاهم استراتيجية لتمكينها من تعزيز منظومة شراكاتها التي تتجاوز اليوم 35 جهة ومؤسسة من مختلف القطاعات، بهدف ترسيخ دورها المحوري في قيادة التحول نحو الاقتصاد الدائري للمنسوجات، وإطلاق مجموعة من البرامج والمبادرات التي تسهم في بناء مسار متكامل لقطاع إعادة تدوير المنسوجات في الدولة.

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Business & Investments

Naseej Strengthens National Ecosystem with 14 Strategic Partnerships

Naseej Strengthens National Ecosystem with 14 Strategic Partnerships

Initiative brings together more than 35 organisations and institutions to advance textile circularity across the UAE

Abu Dhabi, United Arab Emirates – 7 July 2026: Naseej, the UAE’s National Initiative for Textile Circularity, has signed 14 strategic Memorandums of Understanding to further strengthen its growing partnership ecosystem, which today includes more than 35 organisations and institutions across multiple sectors.

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Featured

Coface: Transforming Decision-Making in Uncertain Markets

Dubai, UAE July 6, 2026 – The main obstacle to business growth is no longer just the market, but also companies’ ability to make decisions. According to the latest Coface survey of 1,250 business leaders in 13 countries, 68% of them cite slow decision-making as a major obstacle. In a highly uncertain environment, businesses are no longer simply seeking to avoid risk: they must learn to make decisions more quickly. A transformation is underway, gradually turning risk into a driver of decision-making and growth.

Mohamad Jomaa, CEO and Country Manager for GCC and Egypt at Coface

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