Category Archives: Business & Investments

Publicis Groupe Middle East and SCAI collaborate to drive digital transformation in the Kingdom

Publicis Groupe Middle East and SCAI collaborate to drive digital transformation in the Kingdom

Riyadh, Saudi Arabia, 6 March 2024 – Publicis Groupe Middle East, a regional leader in marketing, communications and digital business transformation has entered into a Memorandum of Understanding (MOU) with the Saudi Company for Artificial Intelligence (SCAI), a wholly owned entity of the Public Investment Fund (PIF), aimed at advancing and accelerating transformative solutions across the Kingdom and wider region. 

To mark this partnership, a signing ceremony took place at LEAP 2024 in the presence of Nigel Vaz, CEO of Publicis Sapient and member of theDirectoire+ (Executive Committee) of Publicis Groupe, Bassel Kakish, CEO of Publicis Groupe Middle East, and Abdullah AlJawini, Chief Investment and Partnerships Officer of SCAI.

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Joyalukkas Receives Prestigious Recognition for Excellence in Gold Jewellery at Retail Jeweller World Awards, ME

Joyalukkas Receives Prestigious Recognition for Excellence in Gold Jewellery at Retail Jeweller World Awards, ME

Dubai, UAE, February, 2024 – Joyalukkas, the globally renowned jewellery brand, has added another feather to its cap by winning the prestigious ‘Gold Jewellery Of The Year, 2024’ award for the Middle East. This accolade was presented at the Retail Jeweller World Awards, a prestigious event in the jewellery industry. The award that took place on 27th February, 2024 and was attended by stalwarts of the Jewellery industry in the Middle East.

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UAE Accountability Authority awarded with Corporate Ethical Procurement and Supply Certification from the Chartered Institute of Procurement and Supply

UAE Accountability Authority awarded with Corporate Ethical Procurement and Supply Certification from the Chartered Institute of Procurement and Supply

Ethical procurement lies at the forefront of supply chain processes

Abu Dhabi, UAE; March 6, 2024: The UAE Accountability Authority(UAEAA) recently obtained certification in Corporate Ethical Procurement and Supply fromthe Chartered Institute of Procurement and Supply(CIPS). All procurement and supply management staff at UAEAA completed training in ethical procurement and supply management and passed a test in fraud, corruption, bribery, and environmental concerns.

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Sapaad and FlapKap Join Forces to Solve Restaurant Working Capital Needs in the UAE

Culinary Capital Unleashed: Sapaad and FlapKap Join Forces to Solve Restaurant Working Capital Needs in the UAE

The partnership aims to elevate the growth of UAE restaurantsby providing flexible funding solutions.

27th February 2024, Dubai: Feb 2024Sapaad, a comprehensive restaurant managementsolution provider, announced a strategic partnership with MENA based FlapKap, an innovative and insightful financing platform.

The collaboration between the two firms aims to support new and existing Sapaad users, restaurateurs, and small and medium-sized restaurant businesses (SMEs) based in the UAE to obtain a fast and flexible funding offer within 48 hours.

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Dubai Digital Assets Association (D2A2) host roundtable on VARA -Virtual Assets Regulatory Authority

Dubai Digital Assets Association

Hosts a roundtable discussion to mark the accomplishments of VARA in its first year of operations.

March 6, 2024 – Dubai:

Dubai Digital Assets Association (D2A2), supported by Dubai Chamber of Commerce, hosted an exclusive dialogue on the regulatory accomplishments of the Virtual Assets Regulatory Authority (VARA) as it celebrated the anniversary since the launch of its regulatory framework. The forum provided a platform for industry stakeholders to review and analyse the development of the regulatory landscape for virtual assets and the challenges industry is facing.

Participants included VARA, the Securities and Commodities Authority (SCA), several government authorities that are focused on developing the web3 ecosystem – such as Dubai Economy, DWTC, RAKDAO – to name a few, licensed Virtual Asset Service Providers (VASPs) by VARA, and service providers such as lawyers, compliance specialists and forensic intelligence consultants.

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