Category Archives: Business & Investments

“Ahed Program” from National Bonds: A New Step Towards Financial Security for Emirati Women

  • A national initiative launched on Emirati Women’s Day aiming to empower 10,000 Emirati women within one year.
  • The initiative aligns with UAE Vision 2031 and the guidance of the “Mother of the Nation” to enhance women’s financial and social empowerment.

Dubai, United Arab Emirates, 27 August 2025 — In a world shaped by uncertainty, the ability to respond to life’s unexpected challenges has become more critical than ever, particularly when it comes to protecting family stability and well-being. To mark Emirati Women’s Day on August 28, celebrated this year under the theme “Hand in Hand,” National Bonds, the UAE’s leading Sharia-compliant savings and investment company, has announced the launch of the “Ahed Program”—an emergency fund savings plan designed exclusively for Emirati women.

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O Gold and botim Launch MENA’s First Fintech Gold Investment Feature

  • The Partnership makes botim the first fintech platform in the MENA region to offer integrated gold investment services through its digital ecosystem
  • The new feature allows over 8.5 million botim UAE users to begin their gold investment journey with a minimum of just 0.1 grams, making wealth-building accessible to all
  • The UAE is emerging as a key hub for global gold trade, with a total export value of $53.41 billion in 2024–2025
  • The feature offers yields of 3% in grams annually, in line with prevailing global gold lease rate benchmarks

Dubai, UAE – 27 August 2025 – O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with botim, Astra Tech’s flagship AI-powered fintech and leading communication platform, to bring gold investment capabilities directly into the botim ecosystem. Backed by an agreement signed in 2023, this launch makes botim the first fintech in the UAE to officially offer gold investment solutions, reinforcing its leadership in the region’s evolving digital finance landscape.

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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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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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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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