Author: Mahdeehassan

The ‘Eco-friendly’ initiative by CarbonSifr and Careem is now available to Abu Dhabi residents through the Careem App. Since its initial launch in Dubai, more than 200 tonnes of CO2e have been offset from the atmosphere in under 3 months, which is equivalent to driving more than 40 times around the world (at the 0º equator line)*. Abu Dhabi, UAE—22 April 2024: CarbonSifr, a pioneering climate-tech company in the Middle East, and Careem Rides, facilitating everyday reliable and convenient commuting options for the region through the Careem app, are announcing on Earth Day the availability of Careem’s Eco-friendly car type…

Celebrating the Success of Women Entrepreneurs in Tech: A Leap Towards Economic Diversification and Global Innovation. Riyadh, Saudi Arabia – March 2024: Falak Investment Hub and Standard Chartered Bank celebrated the graduation of the second ‘SC Women In Tech Program’ cohort on February 28, 2024. This year, nine female tech entrepreneurs completed an eight-week accelerator program. The top three finalists were awarded $50,000 in equity-free grants, highlighting the commitment to supporting female tech entrepreneurship in the region. The SC Women in Technology program is an international initiative aimed at providing assistance to technology businesses led or owned by women. Standard…

Abu Dhabi, UAE – February 2024– Sauce Capital, an Abu Dhabi-based food tech company, hits over 1 million orders, following rapid expansion across UAE and Saudi Arabian markets and the launch of CHEW, its home-grown food delivery app. In the last two years, Sauce Capital’s portfolio has grown to nearly 20 kitchens, with over 40 unique food brands, leveraging data-driven insights and market trends to revolutionise the food and delivery industry. Sauce Capital’s mission goes beyond food and kitchens. At its core, Sauce Capital represents a collective force, led by a team of passionate UAE natives committed to transforming at-home…

Al Riyadh, KSA, 15.02.204 – Yango, transforming global technologies into everyday services tailored to local needs, today announced the launch of Yango Play, the first AI-powered entertainment service that combines video streaming, music, and mini-games in one place. Yango Play offers a diverse range of entertainment options, featuring exclusive premieres of both Arabic and international movies and series, personalized music streaming, and interactive mini-games, all enhanced by Yasmina, an AI-based Arabic voice assistant. Now available in the KSA, UAE, and other GCC countries, the service provides subscribers with cross-platform access on smartphones, and TVs. The new super app places significant…

Avalon Pharmaceuticals, one of the fastest growing home-grown pharmaceutical companies in Saudi Arabia, has announced plans to partner with regional leader City Pharmacy. Originating in Saudi Arabia, Avalon Pharmaceuticals has a storied 25-year history within the Kingdom, marked by its pursuit of excellence in the health, beauty and prescription medicine sectors. Avalon has plans to initiate several key partnerships across the industry and will begin this new phase by forming a strategic partnership with City Pharmacy. The partnership will allow Avalon to widen its reach across the GCC by offering Avalon’s products to City Pharmacy’s retail locations across the UAE.…

Gulf Capital announced today that the Saudi Council of Health Insurance (CHI) presented its Healthcare Revenue Cycle Management (RCM) portfolio company, ACCUMED Saudi Arabia, the prestigious ‘Best RCM Service Provider of the Year’ Award. This accolade is a significant testament to ACCUMED’s leadership and innovation in the healthcare sector.Dr. Ayham Refaat, Founder and CEO of ACCUMED Group, expressed his gratitude and appreciation: “This award from the Saudi Council of Health Insurance is an incredible honour and a reflection of the dedication of our remarkable team in Saudi under the leadership of Dr Mohammad Al Dar. Seeing the company I founded…

International SOS, the world’s leading health and security risk services company, has reaffirmed its dedication to elevating global health and safety standards through its comprehensive and holistic approach to employee wellbeing. This commitment gains heightened significance in the face of an increased demand for its health and security risk services, driven by factors such as regional conflicts, climate change and disease outbreaks.As international business travel rebounds to near pre-COVID levels, the organisation noted a more than threefold increase in health and security cases per 100 trips since 2019. Positioned at the forefront of addressing the evolving challenges faced by global…

IFS, the global cloud enterprise software company, today announced that it has appointed Sophie Graham as Chief Sustainability Officer. The role reflects IFS’s continued commitment to its sustainability strategy and ambition to accelerate the delivery of its Environmental, Social and Governance (ESG) agenda. Sustainability is rapidly becoming a C-level and Board-level priority, in part driven by new regulations like the Corporate Sustainability Reporting Directive (CSRD) and as well as by global agreements by heads of state. CSRD comes into effect in 2024 and will impact all companies listed on EU-regulated markets. For IFS, elevating sustainability includes maintaining strong performance internally,…

The international premium underwear brand celebrates a round anniversary in 2024 and looks back on 140 years of textile history. Since its founding in 1884, HANRO has accompanied the respective zeitgeist with lingerie collections. This has resulted in iconic series that reflect the attitude to life of generations and shape the brand yesterday, today and tomorrow. Under the motto ‘THE TOUCH OF LUXURY’, the traditional company celebrates its birthday throughout the year. In addition to exclusive, limited collections, HANRO is planning a number of 360° campaigns with events, pop-ups and brand and artist collaborations. “HANRO is a traditional brand with an eventful history…

Electra Bicycle Company (Electra brand belongs to the TREK company) and the multi-brand bicycle boutique Wowbikes are proud to announce the opening of dedicated zones within Virgin Megastores at Dubai Mall and Mall of the Emirates. These unique spaces not only feature Electra brand but also showcase a diverse range of handcrafted manual and electric bicycles from the most famous European and English manufacturers. Unique bicycle brands such as RUFF, Benno, Pashley, Schindelhauer, Moulton and Vello are now available on the Virgin Megastore website and in the physical stores. The success of the dedicated zones in Virgin Megastores at Dubai…