Category Archives: Business & Investments

Dubai Islamic Bank Names First Million-Dirham Winner of 2025 Visa Card Draw Campaign

  • Female Emirati cardholder wins AED 1,000,000 grand prize in latest DIB Visa Cards drive, reinforcing the bank’s commitment to rewarding customer loyalty

Dubai, UAE – 8  May 2025: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the winner of its AED 1,000,000 Visa Cards Draw Campaign – a female Emirati customer, Ms. Mariam Al Dhuhoori, who struck it rich after spending with her DIB Visa Card. The two-month campaign, starting February 2025, offered DIB cardholders a chance to win by simply spending a minimum of AED 1,000 during the campaign period.

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O Gold and Mawarid Finance Announce Strategic Partnership to Launch the Region’s First Shariah-Compliant Gold-Backed Prepaid Card

• Pioneering Ethical Fintech Through Real Asset-Backed Innovation


Dubai, UAE, 08 May 2025 – In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold.

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Sayward Capital Corp. Signs Definitive Agreement with Technosteel Construction (L.L.C.) for Historic TSXV Qualifying Transaction

Calgary, Alberta – Sayward Capital Corp. (TSXV: SAWC.P) (“Sayward”), a capital pool company listed on the TSX Venture Exchange (TSXV), today announced it has entered into a definitive share exchange agreement with Technosteel Construction (L.L.C.), a leading UAE-based structural steel company. The transaction marks a historic first—the first time in the history of the Canadian capital markets that a UAE-headquartered operating company will be listed on a Canadian stock exchange.

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Globant takes Saudi Pro League into a new era through Sportian’s Competition Management Solution

  • This strategic alliance marks Globant Sportian’s first collaboration with a sports organization in Saudi Arabia. Powered by cutting-edge technology, the new platform will raise the operational standards of Saudi Pro League to match the world’s leading football tournaments.
  • The Competition Management Solution provided by Sportian, Globant’s sports division, will automate core processes and enhance the experience for players, coaches, and league officials, while integrating advanced AI to support faster and more accurate decision-making
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