Category Archives: Business & Investments

Business & Investments

Emirates NBD and Visa partner to launch Visa Commercial Pay – Mobile in the UAE

Dubai, UAE, 05 March 2025: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, is set to be the first bank in the UAE to introduce the Visa Commercial Pay-Mobile Module for its SME and Corporate clients, in collaboration with Visa. This initiative aligns with the UAE Government’s vision of digitalising payments while at the same time providing a distinctive and unique proposition to Emirates NBD’s clients to enhance payment efficiencies enabling security, automation and reconciliation through tokenized credentials.

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Business & Investments

Aljomaih Energy and Water signs $2.3 billion Jubail-Buraydah pipeline project

Agreement for independent water transmission pipeline signed with Saudi Water Partnership Company (SWPC)

Buraydah, March 3, 2025 – Under the patronage of His Royal Highness Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz, Governor of the Qassim Region, and in the presence of His Excellency the Minister of Environment, Water, and Agriculture, Eng. Abdulrahman bin Abdulmohsen Al-Fadhli, along with the CEO of the Saudi Water Partnership Company, Eng. Khaled bin Zaid Al-Quraishi, the consortium led by Aljomaih Energy and Water Company, in partnership with Buhur Investment Company and Nesma Limited Company, signed the agreement for the Jubail-Buraydah Independent Water Transmission Pipeline Project with the Saudi Water Partnership Company. This pioneering project marks the first desalinated water transmission pipeline connecting the Eastern Region and Qassim Region.

Qassim office

The pioneering project marks the first desalinated water transmission pipeline connecting the Eastern and Qassim Regions 

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Business & Investments

TradeTech Forum Returns for its Second Edition at AIM Congress 2025

Abu Dhabi, UAE, 4 March: The TradeTech Forum, hosted by the World Economic Forum (WEF) will return for its second edition at  AIM Congress, set to be held on April 8, 2025, alongside the ongoing AIM Congress. With over 400 of the world’s foremost trade leaders and experts attending the forum this year’s TradeTech Forum aims to extend and expand the conversation on leveraging technology to transform global trade and investment.

With a mission to explore how emerging technologies are impacting and shifting the norms of international trade, the impact on sustainability and fostering inclusivity, this year’s theme “TradeTech Transition: Evaluating the Present, Envisioning the Future”, will bring together innovators, policymakers and key global leaders into one forum. The TradeTech Forum this year continues with an updated and far more comprehensive agenda, with plenary sessions involving key experts of the industry, interactive workshops, and networking opportunities aimed to offer actionable insights to all attendees.

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Business & Investments

ACCA Report: Accountants’ role in AI adoption extends beyond traditional financial controls, professional judgement critical

Findings from the latest in ACCA’s series of AI Monitor reports, Risk and Responsibility, underscore the vital role of professional judgement in ensuring the successful adoption of artificial intelligence (AI). As organisations in the Middle East accelerate AI integration, accounting professionals are uniquely positioned to guide ethical and effective implementation, balancing innovation with robust governance.

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Business & Investments

Mastercard research: 84% of women in the UAE are considering starting their own business

  • New Mastercard research reveals strong appetite for entrepreneurship among UAE women, with potential to drive even greater economic impact
  • 98% of women entrepreneurs expecting revenue growth over the next five years

Dubai, UAE; 5 March 2025: Women in the UAE are increasingly embracing entrepreneurship, with 84% considering starting their own business, according to Mastercard’s latest research, released ahead of International Women’s Day 2025. As more women step into the world of business, opportunities to enhance access to capital, strengthen business networks, and boost financial confidence will further accelerate their success and long-term growth.

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