Category Archives: Business & Investments

“Astana Declaration”… Tokayev Unveils his Strategic Vision for the Future of SCO

ASTANA – During the 24th summit of the Shanghai Cooperation Organization (SCO), leaders of member states adopted the “Astana Declaration,” which stressed the organization’s commitment to building a more representative, democratic, equitable and multipolar world order, clarifying that cooperation within the organization could form the basis for an equal and indivisible security architecture in Eurasia, While an international call was issued to resolve global conflicts and confront the threats of climate and artificial intelligence.

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Nominations Surge for the 7th Burj CEO Awards: Bridging Continents, Celebrating Excellence

July 4, 2024, Dubai –  The 7th Burj CEO Awards, trademarked and pioneered by one of the largest networking organizations in the world, CEO Clubs Network, is set to make a grand return, celebrating the outstanding achievements of CEOs and organizations from around the world. Under the theme “Bridging Continents, Celebrating Excellence,” this prestigious event will take place over five days and four nights in the vibrant city of Istanbul, Turkey, from October 22-26, 2024.

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Emaar, Mashreq and Visa Partner To Facilitate Integrated B2B Payables

  • The partnership will facilitate digitization and automation of Emaar’s B2B Payments through Visa & Mashreq’s virtual card solution over a direct ERP integration.
  • A distinctive and unique proposition for large and mid-sized corporates in the Middle East region to enhance payment efficiencies in their processes and helping drive working capital enhancements.

Dubai, UAE – 7th July 2024 – Visa (NYSE: V), a world  leader in digital payments, Emaar Properties PJSC, the largest real estate developer in the UAE, and Mashreq have partnered to digitize B2B Payments through an integrated payables solution using Visa and Mashreq virtual card solution.

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Jio Haptik Accelerates Middle East Business Transformation with Cutting-Edge Gen AI

4 July 2024; Dubai, UAE – Jio Haptik, a trailblazer in Generative Artificial Intelligence (Gen AI) solutions, is revolutionizing the business landscape in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA).

Enterprises across diverse industries in these markets leverage Jio Haptik’s cutting-edge technology to drive unprecedented business transformation and innovation. By harnessing the power of Gen AI, these businesses are enhancing operational efficiency and customer engagement and setting new benchmarks for growth and success. Jio Haptik’s expansion in the UAE and KSA signifies a pivotal shift towards a more intelligent, automated, and future-ready business environment.

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DealCart Raises $3.0 Million to Empower Pakistan’s Digitally Savvy Consumers Amid Rising Inflation

DealCart helps Pakistan’s growing, digitally enabled young population save on essential goods online.

[Karachi, Pakistan – July 4th, 2024] – DealCart, a social e-commerce startup focused on transforming the way Pakistani consumers access essential goods, has successfully raised $3 million Seed in a funding round led by Shorooq Partners and Sturgeon Capital. The round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners.

This capital infusion will support DealCart’s mission to expand its reach and provide affordable essential goods to low- and middle-income consumers across Pakistan.

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