Category Archives: Business & Investments

Business & Investments

Samruk-Kazyna JSC, a $70 Billion Asset Sovereign Wealth Fund, and Presight signed a term sheet

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Samruk-Kazyna JSC, a $70 Billion Asset Sovereign Wealth Fund, and Presight signed a term sheet to establish a joint venture to accelerate digital transformation in Kazakhstan

October 12th 2023, United Arab Emirates: On the sidelines of the Digital Bridge 2023 forum in Astana, H.E. Kassym-Jomart Tokayev, President of Kazakhstan and Bagdat Mussin, Minister of Digital Development Kazakhstan, met with Thomas Pramotedham, CEO of the UAE-based company Presight, and Nurlan Zhakupov, CEO of Samruk-Kazyna, to establish a joint venture to accelerate digital transformation in Kazakhstan.

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Business & Investments

HRH Crown Prince Launches Master Plan for New Abha International Airport

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HRH Crown Prince Launches Master Plan for New Abha International Airport

Abha, Kingdom of Saudi Arabia; 12 October 2023:

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, has announced the launch of the master plan for the new Abha International Airport.

The new Abha airport aims to embody a consistent architectural identity with the heritage of the Asir region, transforming it into a prominent landmark in the Kingdom. Its terminal area will expand to 65,000 square meters, as planned to complete the first phase by 2028, compared to the current 10,500 square meters of the existing airport. This expansion includes the construction of passenger boarding bridges, self-service facilities for streamlined travel procedures, and high-capacity parking facilities.

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Business & Investments

iAccel Gulf Business Incubator (iAGBI) Joins Forces with ERB to Revolutionize the Fintech Industry in the UAE

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iAccel Gulf Business Incubator (iAGBI) Joins Forces with ERB to Revolutionize the Fintech Industry in the UAE
  • iAGBI plays a pivotal role in fostering fintech innovation and collaboration in Dubai.
  • The financial sector in Dubai now accounts for approximately 10% of the emirate’s GDP.
  • ERB’s technology aims to bridge the gap between the UAE’s BFSI industry and its customer base.
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Business & Investments

Deloitte launches “Future of Government” to generate solutions that improve citizen’s lives

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Deloitte launches “Future of Government” to generate solutions that improve citizen’s lives

Middle East, 12 October 2023 – Deloitte Middle East announced the launch of the “Future of Government,” a think-tank to support governments to enhance their services and improve the lives of their citizens. The Deloitte initiative brings together the best government and digital transformation experts to re-imagine the future of governments in areas of finance, human resources, procurement, technology, and decision-making.

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Business & Investments

Aramex and Mastercard Partner to Launch ScaleUp Platform and Enable SME Growth

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Aramex and Mastercard Partner to Launch ScaleUp Platform and Enable SME Growth

AED 250,000 Grant Offered to UAE’s Most Promising Startup

Dubai, UAE – Thursday, 12th October 2023: Aramex, a leading global provider of comprehensive logistics and transportation solutions, and Mastercard, a global technology company in the payments industry, have announced a partnership to launch the inaugural edition of a new platform called ScaleUp, designed to support the UAE’s startup and small and medium enterprise (SME) community.

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