Category Archives: Business & Investments

Business & Investments

The Central Bank of the UAE Awards Tap Payments a Full Payment Services License

This marks the completion of regulatory approvals across the entire GCC

Dubai, UAE, April 8, 2025: Tap Payments has been awarded a Retail Payment Services License by the Central Bank of the UAE (CBUAE), completing its regulatory approvals across the entire GCC. The UAE is home to the largest number of fintech and payments companies in the region, with 184 firms.

With approvals now spanning every GCC country, Tap Payments is now one of the most licensed payment providers in the region. This milestone reinforces Tap Payments’ commitment to full compliance as it continues advancing its mission to unify and simplify payments across MENA. The company now holds regulatory approvals in Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, and the UAE.

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Business & Investments

HH Sheikh Ahmed bin Saeed Al Maktoum Opens Middle East Energy 2025 as Focus Falls on Region’s Energy Evolution

* Three-day show at Dubai World Trade Centre opened with more than 1,600 energy suppliers from 90-plus countries exhibiting their products and services across sixteen halls

* Opening of  Leadership Summit spotlights need for collaboration to ensure a safer energy future, while Battery Show debut opens with look at power of government-industry partnerships

Dubai, UAE – April 7, 2025: His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, officially inaugurated Middle East Energy 2025 today as more than 1,600 energy suppliers from across the globe started a three-day showcase of their latest innovations and new-to-market technologies.

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Business & Investments

Dubai based Roxtec Middle East reports clean power driving best year of trading

Dubai headquartered safety seal manufacturer Roxtec Middle East FZE is reporting its best year of trading in the power industries across the region.

The Jebel Ali Freezone based company has grown its power division by 20 per cent and its headcount to 20 with three new hires in the last year. This comes after the company won a number of high-profile power contracts. This includes supplying Project Lightning, the first subsea cable project in the Middle East. The $3.8billion project provides a high-voltage direct-current (HVDC) transmission system for Abu Dhabi National Oil Co (ADNOC) offshore operations to the onshore power grid in the United Arab Emirates.

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Business & Investments

Swisslog solutions to power the future of food automation at Saudi Food Manufacturing Expo 2025

Riyadh, Saudi Arabia, 07 April 2025 – Swisslog, the global leader in innovative robotic, data-driven, and flexible automated solutions, is set to participate in the Saudi Food Manufacturing Expo 2025, the Kingdom’s leading platform for exploring the future of food production and supply chain innovation.

Taking place from 13-15 April 2025 at the Riyadh Front Exhibition & Conference Centre, the event will bring together 550+ exhibitors from 70+ countries, highlighting cutting-edge technologies, AI-powered supply chains, and sustainable automation solutions.

At the expo, visitors can experience live demonstrations of Swisslog’s industry-leading robotic storage and order fulfilment solutions, including AutoStore and a robotic palletizing demo. Showcasing the full food value chain—from production to e-grocery—AutoStore and robotic applications seamlessly integrates with Swisslog’s data-driven software, enabling precise inventory and distribution management. As the GCC’s largest market, Saudi Arabia’s F&B sector is evolving rapidly with rising consumer demand for e-commerce, which is projected to make up 46% of retail by 2030. With over 400 implemented projects worldwide, AutoStore is at the forefront of this shift, optimizing fulfilment and reliable order processing.

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Business & Investments

Middle East Energy 2025 opens tomorrow in Dubai with The Battery Show making its debut at the global industry event

  • Middle East Energy 2025 takes place from 7-9 April at Dubai World Trade Centre (DWTC)
  • His Excellency Saeed Mohammed Al-Tayer, Vice Chairman Dubai Supreme Council of Energy, will lead the high-level plenary of the Middle East Energy Leadership Summit
  • The Battery Show and Conference joins the Middle East Energy line-up for 2025
  • 150 energy leaders and experts will explore transformative sector innovation
  • 1,600 exhibitors from more than 90 nations are set to attend

Dubai, UAE – April 06, 2025: Middle East Energy (MEE) 2025 opens tomorrow at the Dubai World Trade Centre (DWTC), ushering in the largest and most ambitious edition in the event’s 49-year history. Held under the patronage of the UAE Ministry of Energy and Infrastructure, this year’s show will run until April 9 and feature the debut of The Battery Show Middle East.

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