Category Archives: Business & Investments

Business & Investments

MoneyGram Expands Collaboration with Tahweel Alrajhi to Strengthen Receive Network Across Saudi Arabia

Enhanced partnership increases access to international remittances at over 140 Tahweel Alrajhi locations nationwide

RIYADH, Kingdom of Saudi Arabia – August 26, 2025 – MoneyGram, a leading global payments and money transfer company, today announced a significant expansion of its receive network in Saudi Arabia through an enhanced partnership with Tahweel Alrajhi, the remittance arm of alrajhi bank – one of the Kingdom’s largest and most trusted financial institutions.

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Business & Investments

American Express Card payments now accepted at Skiply, providing Card Members with greater payment choice

Dubai, United Arab Emirates – August 25, 2025: American Express Middle East has announced its latest merchant agreement with Skiply, the leading educational mobile payment app in UAE powered by RAKBANK, to provide American Express Card Members with a seamless and secure solution for managing school-related payments in over 400 educational merchants including schools in the United Arab Emirates.

Skiply’s platform consolidates payment options for a wide network of schools, eliminating the need for Card Members to navigate individual school payment portals. Skiply also enables users to purchase uniforms and books and provides users access to prior transaction history. This streamlined approach simplifies payments and offers a smoother and faster journey for users.

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Business & Investments

Jumbo Electronics Announces Relaunch of City Centre Deira and City Centre Sharjah Showrooms

Enhanced layouts, exciting launch offers, and the addition of new categories at City Centre Deira mark the next chapter of Jumbo’s retail journey

Dubai, UAE, 22 August 2025: Jumbo Electronics, one of the UAE’s leading retailers of electronics and home appliances, has announced the grand relaunch of two of its flagship showrooms -City Centre Sharjah and City Centre Deira in Dubai. Exclusive offers will be available at these stores until 31st August and 3rd September, at City Centre Sharjah and City Centre Deira, respectively.

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Business & Investments

Sheraa and Startup Middle East sign MoU to strengthen UAE-India startup collaboration

Partnership to connect entrepreneurs across both ecosystems

Sheraa and Startup Middle East sign MoU to strengthen UAE-India startup collaboration

  • Collaboration to expand market access and connect ecosystems across borders
  • MoU reinforces Sharjah’s role as a global hub for entrepreneurship

Sara Al Nuaimi: This agreement with Startup Middle East creates new opportunities for our startups to expand into one of the world’s most dynamic markets.

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Business & Investments

TAQA to Expand Global Water Platform through USD 1.2 billion Acquisition ofGS Inima  

Enhances TAQA’s position as a global low-carbon power & water leader with an integrated water platform acquisition

Expands water footprint to 10 countries, set to add 171 MIGD of desalination capacity, fast-tracking TAQA’s 2030 water targets

GS Inima’s 2024 EBITDA of EUR 106 million on EUR 389 million in revenue reflects the quality and scale of its earnings

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