All posts by uaenews247

Business & Investments

Visa Unveils Annual Index Results, Highlighting Advances in Digitalization Among Women Entrepreneurs

Visa Unveils Annual Index Results, Highlighting Advances in Digitalization Among Women Entrepreneurs

·       Visa and Meta partner for Marketplace for Good initiative to also mark International Women’s Day on Tuesday 11th of March 11:00AM – 4:00PM at Visa’s office in Dubai;

·       According to Visa’s Women SMB Digitalization Index, more than half of the survey respondents in the UAE claim to be savvier at accepting digital payments in-store and online (55%) than last year;

·       Over 7 in 10 women (71%) understand the impact of AI in business and use it in HR, while 68% apply it in sales and marketing, and 67% in data analysis and decision making;

·       Women-owned businesses in the UAE actively use business social media accounts (67%) or their business website (43%) to sell products and services online;

·       Women entrepreneurs in the UAE prioritize employee awareness and training (59%) and advanced security (51%) in securing their digital transactions.

Continue reading Visa Unveils Annual Index Results, Highlighting Advances in Digitalization Among Women Entrepreneurs →
Featured, Ramadan Kareem

مسافي تكشف عن عبوات جديدة احتفاء بشهر رمضان الكريم وتراث دولة الإمارات

مسافي تكشف عن عبوات جديدة احتفاء بشهر رمضان الكريم وتراث دولة الإمارات

العلامة المحلية الشهيرة تتعاون مع الفنانة الإمارتية مريم عباس لإبداع تصاميم تحتفي بقيم المثابرة ة والوحدة والتقاليد

11 مارس؛ دبي، الإمارات العربية المتحدة: كشفت مسافي، العلامة الرائدة في إنتاج المياه المعبأة في دولة الإمارات، عن إطلاق إصدار خاص من العبوات بمناسبة شهر رمضان المبارك بالتعاون مع الفنانة الإماراتية مريم عباس. ويحتفي التصميم الجديد لمنتجات الشركة من عبوات المياه والمناديل الورقية، بالتراث الثقافي للدولة القائم على قيم المثابرة والوحدة والتقاليد.

ويتضمن التصميم، المستوحى من أشهر المعالم الإماراتية، كلاً من مسجد الشيخ زايد، وتمثال معاً في وسط مدينة دبي، وأباريق المياه التقليدية التي كانت تستخدم في السابق لتبريد المياه وتخزينها.

Continue reading مسافي تكشف عن عبوات جديدة احتفاء بشهر رمضان الكريم وتراث دولة الإمارات →
Featured, Ramadan Kareem

Past and present: Masafi unveils Ramadan packaging to celebrate the story of UAE Iconic homegrown brand partners with Emirati artist Mariam Abbas to tell a story of resilience, unity and tradition

March 11th , Dubai, UAE: Masafi, the UAE’s pioneering bottled water brand, is marking the holy month of Ramadan with a special-edition packaging, created in collaboration with Emirati artist Mariam Abbas. The design, featured on Masafi’s water and tissue products, pays homage to the nation’s cultural heritage, woven with the values of resilience, unity, and tradition.

The design, inspired by iconic Emirati symbols, includes the Sheikh Zayed Mosque, the Together sculpture in Downtown Dubai, and traditional water pitchers once used to cool and store water.

Masafi is one of the UAE’s most iconic homegrown brands. Masafi has led the UAE’s bottled water industry since 1977, with their unique proposition of channeling mountain water into their ethos of quality, authenticity, and a deep-rooted connection to the country’s heritage. The collaboration is a tribute to the values that have shaped both Masafi and the UAE’s story over the years.

Continue reading Past and present: Masafi unveils Ramadan packaging to celebrate the story of UAE Iconic homegrown brand partners with Emirati artist Mariam Abbas to tell a story of resilience, unity and tradition →
Business & Investments

ALEC Achieves 29% YoY Growth Driven by Ongoing Saudi Expansion and Subsidiaries’ Strong Performance

Construction firm’s growth in Saudi signals impressive early success of ongoing expansion in the Kingdom

Dubai, United Arab Emirates – 11 March 2025 – With a healthy pipeline of projects in progress, ALEC Engineering and Contracting LLC (ALEC) has continued its strong business momentum. During 2024, the company — one of the largest construction firms in the region — recorded an impressive 29% revenue growth, scaled its workforce by 46%, reaching nearly 40,000 workers, and established new facilities in Ras Al Khaimah.

These investments bolster ALEC’s continued sectoral diversification, and expansion in Saudi Arabia — two pillars of its strategy over the last five years. “Over the years, our construction-adjacent lines of business — spanning fit-out, modular construction, and even data centres — have become market leaders in their own right and now contribute significantly to our overall business,” said Barry Lewis, CEO at ALEC. Notably, AJI Rentals, the company’s heavy equipment rental arm, established its presence in Saudi Arabia in 2024, while simultaneously expanding its UAE footprint with the opening of a new facility in Dubai.

Continue reading ALEC Achieves 29% YoY Growth Driven by Ongoing Saudi Expansion and Subsidiaries’ Strong Performance →
Technologies

Mozn Ranked Among the World’s Top 50 Companies in Financial Crime and Compliance

Mozn becomes the only organization from the region to be recognized in the Chartis Financial Crime and Compliance 50 (FCC50) report for its commitment to empowering financial institutions with AI-driven fraud prevention and AML compliance solutions

Dubai, UAE, March 2025: Mozn, a regional leader in enterprise AI technologies, announced its recognition in the esteemed Chartis Financial Crime and Compliance 50 (FCC50) ranking for 2025 amongst an elite group of global leaders driving innovation in financial crime technology, including anti-money laundering (AML), fraud detection, sanctions screening, and KYC compliance.

Continue reading Mozn Ranked Among the World’s Top 50 Companies in Financial Crime and Compliance →