Category Archives: Business & Investments

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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Women at the forefront: CIPS MENA 2025 celebrates procurement leaders shaping the future

Highlighting record female representation in leadership roles, CIPS MENA 2025 champions gender equity and strategic excellence in procurement

Dubai, UAE; 8 May, 2025: As Saudi Arabia continues its national agenda to increase female representation in senior leadership, the Chartered Institute of Procurement & Supply (CIPS) is spotlighting the pivotal role of women in procurement at its largest-ever MENA Conference & Awards, that took place in Riyadh earlier this week.

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