Category Archives: Business & Investments

AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud

Dubai, UAE – October 2025: Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank’s efforts in combating financial fraud through Mozn’s AI-driven financial crime prevention platform, FOCAL. 

Saudi Arabia’s economic transformation is accelerating, and digital finance now stands as a key driver of the Kingdom’s pursuit of economic excellence. In 2024, electronic payments made up 79% of all retail transactions, up from 70% in 2023, with 12.6 billion non-cash payments processed across Saudi Arabia. This strategic pivot, underpinned by advanced digital infrastructure, highlights the Kingdom’s commitment to building a strong digital economy.

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IBPC Dubai Spreads Diwali Cheer to Labour Camps Across the UAE

IBPC Dubai Spreads Diwali Cheer to Labour Camps Across the UAE
Festive sweet distributions and cultural events bring warmth and joy to thousands

October 20,2025 : Dubai, United Arab Emirates


In the spirit of Diwali, the Indian Business and Professional Council (IBPC Dubai) is lighting up the lives of the labour community across the UAE through a series of heartfelt CSR activities and cultural celebrations.

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UBF: Compliance is key to banking industry and sustainable development

Abu Dhabi- Dubai, United Arab Emirates, 20 October 2025:

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reaffirmed the importance of compliance with all laws and regulations governing the banking and financial sector, emphasising that it is a key to the banking industry and sustainable development. The Federation stressed the critical role of adhering to legal and regulatory frameworks to support stability and growth of the UAE’s financial and banking sector, under the direct supervision of the Central Bank of the United Arab Emirates (CBUAE), and to play its role in achieving the country’s sustainable economic and social development goals.

MENA Financial Crimes and Compliance Conclave- Mr. Jamal Saleh, Director General of UBF

In his opening keynote address at the MENA Financial Crimes and Compliance Conclave 2025, Mr. Jamal Saleh, Director General of UBF, said: “Compliance is not just about adhering to laws —It’s about fostering a culture of integrity and accountability. We are all working within the frameworks to combat financial crimes and ensure compliance with local and international regulations, as well as the frameworks established by CBUAE, to reinforce the leading position of our banking and financial sector.”

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 Grand View Research steps up regional game as demand for data-driven foresight surges

            As Gulf economies accelerate diversification, the global market intelligence firm ramps up regional projects and partnerships

Dubai, October 20: With some Gulf economies projected to grow around 4% in 2025, global market intelligence company Grand View Research (GVR) is stepping up its operations and client engagements across the Middle East, a move seen by industry watchers as part of a broader pivot toward evidence-based policy making and investment strategy in the region.

Swayam Dash

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CADO Raises $4.5 Million in Pre-Seed Round to Accelerate Regional and Global Expansion

Dubai, UAE — 19 October 2025: CADO, the UAE-founded premium gifting platform, has announced the close of its $4.5 million pre-seed funding round, marking a major step in its mission to redefine the global gifting economy. The round included participation from Sanabil 500, a venture capital and startup acceleration initiative in the MENA region, a German family office, and a group of high-net-worth and angel investors.

Leila Al Marashi, Founder, CADO

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