Category Archives: Business & Investments

Business & Investments

American Express Middle East Celebrates 30 Years of The Platinum Card® with New Exclusive Benefits

Dubai, United Arab Emirates – 14 May 2025 – American Express Middle East is celebrating the 30th anniversary of The Platinum Card® in the region unveiling exclusive benefits designed to align with the evolving aspirations of its Card Members.

To celebrate this milestone, Platinum Card Members are invited to enjoy two exclusive benefits until December 31, 2025 — a new dining experience and an enhanced retail offer, providing even greater value:

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Business & Investments

Abu Dhabi and Hong Kong enhance regulatory cooperation on cross-border investment management

Abu Dhabi, UAE, 15 May 2025: The Financial Services Regulatory Authority (FSRA) of ADGM and the Securities and Futures Commission (SFC) have entered into a Memorandum of Understanding (MoU) to enhance regulatory cooperation on the supervision of investment managers of collective investment schemes based in either jurisdiction. 

The SFC CEO, Ms Julia Leung (left) met with ADGM FSRA CEO. Mr. Emmanuel Givanakis (right) in Doha

The MoU was signed on the sidelines of the annual general meeting of the International Organisation of Securities Commissions (IOSCO), held in Doha, the State of Qatar.  The SFC’s Chief Executive Officer, Ms Julia Leung, and its Executive Director of Investment Products, Ms Christina Choi, joined FSRA’s Chief Executive Officer, Mr Emmanuel Givanakis, at the meeting held yesterday.   

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Business & Investments

Forbes Middle East Reveals The Top 100 Arab Family Businesses 2025

Showcasing resilience, reinvention, and regional dominance across generations

  • Saudi Arabia and the UAE dominate, with 33 and 32 companies, respectively.
  • Saudi Arabia’s Al Muhaidib Group and Abdul Latif Jameel top the list.
  • Sustainability and innovation are at the heart of the strategies of these leading families.

Dubai, May 12 2025: Forbes Middle East has unveiled its annual ranking of the Top 100 Arab Family Businesses for 2025, spotlighting the region’s most influential dynasties navigating transformation and innovation while preserving generational wealth. To compile this ranking, Forbes Middle East evaluated companies that are owned or managed by Arab families. The selection was based on several factors, including the size and value of their assets, business performance, recent activity, company age and legacy, and the breadth of their geographic and sector diversification.

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Business & Investments

Raytheon, an RTX Business, Inaugurates Production and Assembly Facility to manufacture the Coyote counter drone interceptor at Tawazun Industrial Park

Raytheon, an RTX Business, Inaugurates Production and Assembly Facility to manufacture the Coyote counter drone interceptor at Tawazun Industrial Park

The new facility is part of Raytheon and Tawazun Council’s plan to locally manufacture the Coyote counter drone interceptor in the UAE

Abu Dhabi, 15 May 2025 – Raytheon, an RTX business, announced the inauguration of a new advanced industrial facility at Tawazun Industrial Park in Abu Dhabi. The facility will serve as a specialised centre for the production and assembly of the Coyote counter-unmanned aerial system (C-UAS), reflecting the company’s ongoing commitment to supporting the UAE’s efforts in localising advanced defence manufacturing.

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Business & Investments

BCG Launches Jeel Tamooh 7th Edition, Empowering Saudi Arabia’s Future Leaders to Shape a Better Tomorrow

Building a diverse, inclusive, and resilient workforce, reinforcing the Kingdom’s commitment to global talent excellence and national workforce development

Riyadh, May 14, 2025 – Boston Consulting Group (BCG) is excited to launch the 7th edition of Jeel Tamooh, a leadership development program to empower Saudi Arabia’s next generation of leaders. This year, over 150 students from top universities across the Kingdom will take part in a six-month program designed to provide them with the skills and insights needed to lead in a rapidly evolving world. The program will focus on key sectors such as innovation, sustainability, fintech, and economic development.

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