RIYADH — January 30, 2025 — Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy.
The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo’s commitment to domestic economic growth and employment.
Dubai, UAE; January 30, 2025: Commercial Bank of Dubai (CBD), one of the UAE’s leading financial institutions, today hosted a Microsoft Copilot Promptathon event, partnering with the Microsoft Innovation Hub, aligning with the UAE’s vision to lead in the adoption and innovation of Artificial Intelligence (AI) solutions. The event marks the beginning of CBD’s large-scale rollout of Microsoft’s Copilot to over 800 employees.
Facilitated by Microsoft along with CBD’s Data & AI team, the CBD Promptathon complements Dubai’s ‘One Million Prompters’ initiative, which aims to train one million individuals in AI prompt engineering. This strategic alignment with the governmental vision demonstrates CBD’s commitment to achieving Dubai’s ambition to serve as a global AI hub as well as to foster technological innovation in the financial sector.
Continue reading Commercial Bank of Dubai advances UAE’s AI vision through Copilot ‘Promptathon’ with Microsoft
Dubai, UAE – Cosmo Cosmetics, one of the most trusted and innovative beauty brands in the UAE, proudly celebrated the grand opening of its state-of-the-art manufacturing facility in Dubai Investment Park 2 on Saturday, 27th January. This advanced facility marks a bold new chapter in the brand’s journey of excellence, setting new standards in the cosmetics industry.
Dubai, United Arab Emirates; 29 January 2025:
Al Islami Foods, a UAE pioneer in the wholesome food products sector and a global leader in halal poultry and meat products, is excited to announce the launch of its Extra-Large Shrimps range with three products. Sourced from pristine waters and meticulously prepared to ensure quality, this premium offering underscores Al Islami’s commitment to delivering healthy, sustainable, and flavourful seafood options for discerning consumers.
The new Extra Large Shrimps bring together exceptional taste and impressive nutritional benefits, making them a standout choice for families and food enthusiasts alike as they are wild-caught, free from added hormones, free from antibiotics, keto-friendly, and a rich source of protein.
Continue reading Al Islami Foods Launches Premium Extra-Large Shrimps: Wild-Caught and Healthy with No Added Hormones and Antibiotics
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