Category Archives: Business & Investments

Business & Investments

Informa Connect Academy and CIPD Join Forces to deliver CIPD learning programmes to the MENA market

Dubai, UAE, August11th:Informa Connect Academy has partnered with the CIPD, the world’s leading professional body for people development, to provide access to globally recognised HR and L&D professional development opportunities to the MENA region.

The collaboration comes at a crucial time when organisations worldwide are navigating complex workplace transformations, from AI integration to evolving employee expectations. The CIPD, with its impressive network of over 160,000 members globally, brings its century-long expertise in championing better work and working lives to this partnership.

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Business & Investments

iACCEL GBI and Toronto Business Development Centre Team Up to Help Startups Scale Across UAE and Canada

New alliance aims to open gateways for startups to access markets and growth opportunities across two thriving innovation ecosystems

August 11th, 2025, Dubai, UAE:iACCEL Gulf Business Incubator (iACCEL GBI), a leading go-to-market accelerator launched under the patronage of Dubai SME, has signed a strategic Memorandum of Understanding (MoU) with Toronto Business Development Centre (TBDC), Toronto’s 35 year old, premier non-profit startup incubator. The agreement establishes a robust cross-border framework designed to support high-potential startups in navigating international expansion between the UAE and Canada.

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Business & Investments

HITEK AI launches Robot as a Service in collaboration with SoftBank Robotics

Dubai, United Arab Emirates:HITEK AI, a leading provider of AI-driven solutions in the Middle East, and part of the Farnek group of companies, has launched its Robot as a Service (RaaS) offering in partnership with SoftBank Robotics UK (SBR).

This innovative service integrates SoftBank’s advanced robotic cleaning solutions with HITEK AI’s CAFMTEK platform, providing a comprehensive, automated facilities management (FM) solution designed to enhance efficiency, reduce costs, and improve operational performance across industries.

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Business & Investments

Grandiose Supermarket Partners with SAP to Harness Business AI for Exceptional Customer Experiences and Scalable Growth

Fast-growing UAE retailer adopts RISE with SAP S/4HANA and SAP Business AI to optimize operations, enhance insights, and fuel expansion across the region

SAP and Grandiose Signing Ceremony

Photo Caption (from left to right): Hisham Mansour – Senior Account Executive, SAP; Marwan Zeineddine – Managing Director, UAE, SAP; David Wilkinson – Director of Portfolio & Project Management, Ghassan Aboud Group; Olivier Leblan – Chief Digital & Technology Officer, Ghassan Aboud Group; Mussaab Aboud – CEO Food Division, Grandiose Supermarket; Joud Aboud – Executive Vice President of Strategy & Corporate Affairs, Ghassan Aboud Group; Ahmad Aboud – Group CFO, Ghassan Aboud Group; Nicole Deumens – CMO, Ghassan Aboud Group

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Business & Investments, Technologies

Fintech Alaan raises $48 million to equip MENA finance teams with AI agents

Dubai, UAE [5th Aug, 2025] – Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million – one of the largest Series A funding rounds in the history of the region.

The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA) with significant participation from the founders of 885 Capital, Sudeep Ramnani & Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund. The round was heavily oversubscribed and includes both primary and secondary funding.

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