Category Archives: Business & Investments

Business & Investments

Presight Empowers the UAE’s AI-Native Government Vision as Digital Transformation Partner of the Digital Readiness Retreat 2025

The company is powering the UAE’s digital future with next-generation AI capabilities

Abu Dhabi, UAE – May 23, 2025 – Presight, a UAE leading global big data analytics company powered by AI, marked a successful engagement as the official Digital Transformation Partner at the Digital Readiness Retreat 2025, held on Thursday 22 May, at the Grand Hyatt Dubai.

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Business & Investments

ADIB Named Middle East’s Best Bank for Consumers by Euromoney

ADIB won four Prestigious Accolades at Euromoney Islamic Finance Awards and Awards for Excellence 2025

Abu Dhabi, UAE: 23 May 2025: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named Middle East’s Best Bank for Consumers, by the leading global financial publication Euromoney in its 2025 Awards for Excellence. This prestigious accolade highlights ADIB’s dedication to delivering innovative, digital first and customer- centric bank built around the evolving needs of individual customers.

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Business & Investments

Promoter, IIHL, Assures Support to IndusInd Bank, Ready to Shore up Equity Capital

IIHL has a significant number of shareholders in the UAE; IndusInd Bank has a representative office in Dubai offering NRI services

Dubai, May 23, 2025: IndusInd International Holdings (IIHL), the promoters of IndusInd Bank, which has a representative office in Dubai offering NRI services, today assured support to the bank facing scrutiny over accounting discrepancy issue across its derivatives trades.

In a statement, Ashok P. Hinduja, Chairman, IIHL, expressed his “unequivocal trust in the Chairman & Board of Directors of the Bank for their appropriate, swift actions in order to address discrepancies and attendant areas of concern.”

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Business & Investments

Sheraa Champions Startup-Led Industrial Innovation at ‘Make it in the Emirates’ 2025

Showcasing a portfolio of startups advancing sustainability, manufacturing, and the UAE’s industrial transformation.

  • Highlighting startups advancing the UAE’s goals in sustainability, industrial growth, and economic diversification
  • Building Entrepreneurial Pathways: Sheraa’s Programs Empower Founders at Every Stage
  • At ‘Make it in the Emirates’, Sheraa Highlights its Role in Building Market-Ready Startups

HE Sara Abdulaziz Al Nuaimi: Sheraa’s participation in Make it in the Emirates 2025 demonstrates our commitment to placing startups at the heart of the UAE’s manufacturing and industrial transformation

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Business & Investments

Port of Fujairah Embarks on 5-Year Digital Transformation with Endava to Deliver World-Class Efficiency and Transparency

Fujairah, United Arab Emirates – 22 May 2025 – The Port of Fujairah has signed a strategic agreement with Endava (NYSE: DAVA), to spearhead a comprehensive digital transformation initiative aimed at unifying and modernising the port’s operational landscape. Spanning five years and structured in six progressive modules, this initiative will introduce cutting-edge digital solutions to optimise vessel call management, dry and liquid bulk operations, gate pass security and real-time analytics, ensuring world-class efficiency and transparency across all port operations. At the initiative’s core is a new Port Community System branded “MarHub,” signalling an inclusive, connected gateway for every stakeholder.

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