Category Archives: Business & Investments

Business & Investments

Gulf Capital Announces its Successful Exit from its investment in iSON Xperiences,

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Gulf Capital Announces its Successful Exit from its investment in iSON Xperiences, the leading tech-enabled Business Process Outsourcing platform operating across India and Africa

iSON grew revenues by 60%, grew its workforce to 18,000 employees, and expanded operations to 19 countries with Gulf Capital’s help and funding. The Company processes over 50 million transactions per month, for more than 500 million customers globally

(Abu Dhabi, October 23rd, 2023) – Gulf Capital, a leading operationally focused private equity firm investing from the GCC to Asia, announced today the successful completion of its exit from iSON Xperiences (“iSON”), a leading tech-enabled emerging markets customer experience and delivery partner that offers Business Process Outsourcing (BPO) services across India and Africa.

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Business & Investments

UAE-based Investors Tapping into the US Equities Market

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UAE-based Investors Tapping into the US Equities Market

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Dubai, 23 October 2023-  In the past years, investors based in the GCC have shown a rising interest in investing in the US Equities market, in addition to their activity on the vibrant GCC Equities markets, especially in the UAE and KSA. This has driven trusted trading companies to cater to such ambitions by providing exclusive advantages that allow them to tap into the full potential of the US Equities market which houses iconic exchanges, such as the New York Stock Exchange (NYSE) and NASDAQ.

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Business & Investments

Minister of Economy holds meetings with Brazil, Spain, Uzbekistan, Georgia and UNWTO to strengthen tourism cooperation

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Minister of Economy holds meetings with Brazil, Spain, Uzbekistan, Georgia and UNWTO to strengthen tourism cooperation

Meetings held on the sidelines of 25th UNWTO General Assembly

Abu Dhabi, 22 October 2023

H.E. Abdulla bin Touq Al Marri, Minister of Economy, held meetings with H.E. CelsoSabino, Minister of Tourism of Brazil; H.E. Rosa Ana Morello Rodríguez, Minister of State for Tourism of Spain; H.E. Aziz Abdel Hakimov, Minister of Environment, Environmental Protection and Climate Change and responsible for the tourism portfolio of Uzbekistan;H.E. Mariam Kvrishvili, Deputy Minister of Economy and Sustainability of Georgia; and ZurabPololikashvili, Secretary General of the World Tourism Organization; to explore ways to develop the national and global tourism sectors.The meetings took place on the sidelines of H.E.’s participation in the 25th Session of the General Assembly of the United Nations World Tourism Organization (UNWTO). The UAE participated in the capacity of Vice President for the Middle East in the meetingheld in Samarkand, Uzbekistan, from 16 to 20 October, 2023.

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Business & Investments

The fifth Russian-Chinese Energy Business Forum begins in Beijing

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The fifth Russian-Chinese Energy Business Forum begins in Beijing

  • Total trade turnover between the two countries over the past five years has grown to 660 billion dollars
  • In the first 9 months of 2023, the trade turnover between China and Russia grew by almost 30% year-on-year and amounted to $176.4 billion.

Beijing, 19 October 2023:The fifth Russian-Chinese Energy Business Forum (RCEBF) was opened on Tuesday in Beijing, the capital of the People’s Republic of China.The Forum is held under the auspices of the Russian Presidential Commission for Fuel and Energy Complex Development Strategy and Environmental Safety and the National Energy Administration of the People’s Republic of China, co-organized by Rosneft and China National Petroleum Corporation (CNPC).

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Business & Investments

WakeCap CEO to speak at ConFex KSA on Oct 24

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WakeCap CEO to speak at ConFex KSA on Oct 24: Data-driven solutions are the future of construction safety.

Hassan Albalawi, WakeCap CEO and Co-founder

Riyadh, Saudi Arabia; 22 October 2023:  WakeCap, an industry leader for data-powered site visibility, presents its innovative site management technology at the upcoming Construction Technology ConFex KSA this October 23-24 2023. Taking place at Crowne Plaza Riyadh RDC Hotel & Convention, the event will see WakeCap driving discussions about the future of construction safety using its smart hard hat solution.

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