Category Archives: Business & Investments

Forbes Middle East Unveils the Middle East’s Top 40 Asset Managers 2025

Meet the Region’s Most Influential Money Movers

  • The 40 asset managers collectively oversaw over $439 billion in AUM in 2024.
  • Saudi Arabia leads with 19 entries, followed by the U.A.E. and Kuwait with six each.
  • Rashed Sharif, CEO of SNB Capital, tops the ranking for the second consecutive year.
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ADIB Selects Three Finalists for the 7th EFICA Awards from 150 Global Applicants

UAE, Abu Dhabi, 13 March 2025: Abu Dhabi Islamic Bank (ADIB) in partnership with the London Stock Exchange Group has announced the three shortlisted finalists for the Ethical Finance Innovation Challenge and Awards (EFICA) 2025 edition, from over 150 submissions, reaffirming its commitment to advancing ethical finance and supporting groundbreaking initiatives that promote financial inclusion, sustainability, and innovation in Islamic finance.

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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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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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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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