Category Archives: Business & Investments

Business & Investments

AD Ports Group Digital Arm Maqta Technologies Group Signs Strategic Partnership Agreement with Pakistan Single Window to Drive Digital Innovation in Cross-border Trade

Karachi, Pakistan/ Abu Dhabi, UAE – 13 March 2025:  AD Ports Group (ADX: ADPORTS), (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions today announced a strategic partnership agreement signed between its digital arm, Maqta Technologies Group and Pakistan Single Window (PSW), a state-owned entity, commissioned by the Federal Government of Pakistan as the operating body for the Pakistan Single Window System, a digital platform which streamlines cross-border trade by allowing traders to submit import, export, and transit-related data through a unified digital portal.

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Business & Investments

Dulsco People Enhances Fleet Efficiency with Neutral Fuels Biodiesel, Cuts Over 260,000 Kgs of CO₂e

DUBAI, United Arab Emirates — 13 March 2025: UAE-based Dulsco Group, a leader in Environmental Solutions, People Solutions, Talent Solutions, and Energy Recruitment Solutions, has taken a major step towards reducing carbon footprint by moving its entire diesel fleet of 75 vehicles/other from BS95 to BS93 – increasing its biofuel content from 5 per cent to 7 per cent through the use of Neutral Fuel’s biodiesel.

This initiative reinforces Dulsco Group’s long-standing commitment to combating climate change by supporting carbon reduction projects in the UAE and actively contributing to the nation’s transition towards a Net Zero future.

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Business & Investments

RemotePass and Wafeq Partner to Automate Payroll and Accounting for UAE & KSA Businesses

Dubai – March 13, 2025: RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq’s accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance.

The two-way native integration eliminates manual entry ensuring accurate, efficient payroll reconciliation for businesses in the UAE and KSA on both platforms, resulting in an 80% reduction in payroll and expenses processing time.

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Business & Investments

Al Etihad Payments and Mastercard collaborate to launch “Jaywan – Mastercard” debit and prepaid cards in the UAE

Abu Dhabi, UAE; 12 March 2025: Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE’s national card switch (UAESWITCH) and manages domestic card scheme “Jaywan”, and Mastercard have announced a strategic collaboration to launch “Jaywan – Mastercard” co-badged debit and prepaid cards in the UAE.

Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE’s payment landscape by combining innovative products and value-added services.

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Business & Investments

Sanad Achieves Strong Results, Surpassing AED 4.92 Billion in Revenues for 2024, Marking a 40% Surge

  • Recorded a 40% Year-on-Year Revenue Growth Propels Sanad Beyond the US$ 1 Billion Milestone, Cementing Its Status as a Global engine MRO Leader and the largest in the MENA region
  • MRO Capabilities Reach New Heights with 161 Engine Inductions, a 29% Surge, and adoption of a new product raising its product portfolio to 5 engines
  • AED 33 Billion Order Book Strengthened by Landmark Global Agreements, Adding AED 4 Billion in New Business in 2024
  • 20% Workforce Growth Fuels Sanad’s Expansion, Accelerating Emiratization and Future-Ready Talent

Abu Dhabi, 12 March 2025 – Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has announced exceptional financial results for 2024, surpassing the US$1 billion milestone for the first time in its history. The company reported AED 4.92 billion (US$1.34 billion) in revenue, a 40% increase from AED 3.4 billion (US$ 925 million) in 2023, underscoring its rapid expansion and strategic market positioning.

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