Business & Investments

The Arab Energy Fund records highest-ever net income for the second year in a row

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The Arab Energy Fund records highest-ever net income for the second year in a row

  • Net income surges by 51% YoY to reach USD 225mn
  • Total assets grew by 12% YoY to reach USD 9.88bn
  • Results driven by asset growth and a favorable interest environment

Saudi Arabia, 20 March 2024 – The Arab Energy Fund “TAEF” (previously APICORP) a multilateral impact financial institution focused on the MENA energy sector, today announced the financial results for the fiscal year that ended on December 31, 2023.

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Business & Investments

CoinMENA FZE partners with Network International to streamline fiat onramps

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  • CoinMENA FZE partners with Network International to streamline fiat onramps

Strategic partnership allows UAE CoinMENA users to instantly  deposit funds via cards directly to their wallet

UAE, 19th March 2024: Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a strategic collaboration with virtual asset service provider CoinMENA FZE, to provide users with a seamless and secure onramp from fiat to crypto via card deposits.

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Technologies

Coupa Opens Local Data Center in the United Arab Emirates

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Coupa Opens Local Data Center in the United Arab Emirates

The new AWS data center will enhance data security for customers in the Middle East

Dubai, UAE – [20/03/2024] – Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced the launch of its first data center in the Middle East, inaugurated in collaboration with the Amazon Web Services (AWS) team in Dubai. The grand opening, marked by a ribbon-cutting ceremony, happened on Wednesday, February 28, 2024.

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Real Estate

All available units at Wasl’s Park Views Residences Tower A sold out in record time

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All available units at Wasl’s Park Views Residences Tower A sold out in record time

DUBAI, UAE; March 19, 2024: Wasl, one of Dubai’s largest real estate development and management companies, announces the successful launch and sell out of the first batch of units of Park Views Residences Tower A in record time.

The launch of this luxurious project follows the tremendous demand for units in Park Views Residences Tower B which went on sale last year, and is a part of Wasl1 master development overlooking Zabeel Park in Al Kifaf.

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Health Care

Anesthesia Technology Students Of Gulf Medical University Conduct Community Engagement Work To Mark World Sleep Day 2024

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Anesthesia Technology Students Of Gulf Medical University Conduct Community Engagement Work To Mark World Sleep Day 2024

Ajman, March 20, 2024: Students and faculty of Anesthesia Technology Department of College of Health Sciences, Gulf Medical University, conducted a two-day community awareness program on World Sleep Day on 14th and 15th March 2024 on the occasion of World Sleep Day at Thumbay University Hospital as part of their ongoing commitment to community engagement.

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