Category Archives: Business & Investments

MoneyGram and myZoi Partner to Drive Financial Inclusion Across the UAE

Dubai, UAE, 28th October 2025

MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a strategic partnership with myZoi, a UAE-based fintech focused on financial inclusion and financial literacy for the underbanked. Through the integration of MoneyGram’s global money transfer infrastructure, myZoi enables its customers to send money quickly and reliably to more than five billion digital endpoints and nearly 500,000 MoneyGram locations across over 200 countries and territories.

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California Media LLC Spotlights Emerging Digital Marketing Trends Driving Global Business Growth

Dubai, UAE, 27 October 2025 – California Media LLC, a Dubai-based digital marketing and creative solutions agency, is leading the charge in shaping the future of online business growth by highlighting key digital marketing trends that are redefining how brands connect with customers locally and globally. From AI-powered campaigns to immersive content strategies, California Media is helping brands embrace innovation while delivering measurable results.

Unlike traditional marketing agencies, California Media LLC goes beyond ad placements and social posts. The agency’s strategy-first approach ensures every campaign is guided by customer insights, behavior analysis, and forward-looking technologies. This methodology enables businesses to thrive in a fast-evolving digital landscape, where personalization, automation, and data-driven storytelling have become essential.

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AM Best Affirms GIG Gulf’s Financial Strength Rating of “A (Excellent)” for the Fifth Consecutive Year

Dubai, UAE – 27 October 2025 – GIG Gulf, part of Gulf Insurance Group K.S.C.P., today announced that AM Best has affirmed its Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Rating (ICR) of “a+” (Excellent), which marks the fifth consecutive year that GIG Gulf has maintained its A (Excellent) rating with no changes compared to last year’s assessment. The outlook for both ratings remains stable, confirming our robust financial position.

GIG Gulf’s established presence in the region is a key differentiator. The company ranks among the top five insurers in its core markets, with presence in Bahrain, Oman, Qatar, and the United Arab Emirates. Additionally, GIG Gulf holds a 50% stake in Gulf Insurance Group (a Saudi Joint Stock Company) in Saudi Arabia, further reinforcing its diversification and ability to offer compliant solutions across the region.

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S&P Global Ratings and DIFC’s 15th Annual Islamic Finance Conference addresses the 2025-2026 outlook for Islamic Finance

Dubai, 27 October, 2025: S&P Global Ratings and Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has jointly hosted the 15th Annual Islamic Finance Conference at the DIFC Atrium.

The 15th Islamic Finance Conference highlighted the industry’s strong performance in 2024, marked by 10.6 per cent growth and total sukuk outstanding surpassing USD 1trn for the first time. The conference covered the global outlook for the Islamic finance industry, highlighting the opportunities and challenges for future growth, and provided a deeper dive into the GCC’s evolving capital markets.

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UAE Families Among Top Global Adopters of AI and Digital Assets

  • 71% of UAE families believe they should strategically invest in digital assets such as cryptocurrencies, NFTs or tokenised traditional assets, compared with 69% globally.
  • 75% trust AI tools to support wealth decisions, provided human advisers remain part of major judgment calls, versus 70% globally.
  • Findings reveal that UAE families are combining innovation and strong governance to safeguard multigenerational wealth.
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