Category Archives: Business & Investments

Business & Investments

Homegrown UAE startup ranks No. 1 globally for expense management on G2

Homegrown UAE startup ranks No. 1 globally for expense management on G2

Alaan, a leading fintech company based in the UAE, has recently secured the top spot in the esteemed G2 global fintech report for Spring 2024. Standing out among international competitors, Alaan scored highly across various metrics including quality of support, ease of use, and overall market presence.

G2 is the world’s most trusted tech marketplace, known globally for its thorough, data-backed assessments. A recognition from them only reaffirms Alaan’s status as a leader in the corporate card and expense management sector in the Middle East.

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Business & Investments

Abu Dhabi Global Market and Hacken Forge Partnership to Elevate Blockchain Security Standards

Abu Dhabi Global Market and Hacken Forge Partnership to Elevate Blockchain Security Standards

Abu Dhabi, UAE, 24 April 2024 – Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, and Hacken, a global leader in blockchain security auditing, have signed a Memorandum of Understanding (MoU) to collaboratively set new benchmarks for blockchain security and compliance. This strategic partnership reflects a unique synergy between a regulatory body and a security auditor aimed at establishing a world-leading security assessment standard in the blockchain industry.

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Business & Investments

Significant fluctuations in online payment transactions-Checkout.com

Significant fluctuations in online payment transactions across various sectors following recent severe weather conditions in the UAE

  • Checkout.com data tracks notable changes in consumer payment transactions during the week
  • 47% increase in airline online payment transactions, and 11% increase in hotel and accommodation bookings
  • 24% decline in supermarket transaction volumes
  • Consumers in the UAE turn to online training and education as a method of self development amidst severe weather conditions, as the sector sees 31% increase in transaction
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Business & Investments

Al Ghurair and Mitsubishi Chemical Infratec Deepen Partnership with ALPOLIC™ Manufacturing Facility in Ras Al Khaimah, UAE

Al Ghurair and Mitsubishi Chemical Infratec Deepen Partnership with ALPOLIC™ Manufacturing Facility in Ras Al Khaimah, UAE

  • Building on a trusted relationship spanning five decades, AG Metal Industries is set to be the only independent ALPOLIC™ production facility UAE.
  • Located in RAKEZ, the state-of-the-art facility will be the first of its kind in the region of aluminium composite panels.
  • The opening ceremony was held under the patronage of the Ruler of Ras Al Khaimah, HH Sheikh Saud bin Saqr Al Qasimi.
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Business & Investments

Dubai FinTech Summit to take place 6 – 7 May at Madinat Jumeirah.

FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences

·      Dubai FinTech Summit to take place 6 – 7 May at Madinat Jumeirah.

·      2nd edition of the summit will bring together over 8,000 decision-makers, over 300 thought leaders across five stages and more than 200 exhibitors showcasing cutting-edge technologies.

·      FinTech landscape is booming with over 800 FinTech start-ups worth USD 15.5bn.

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