Author: Mahdeehassan

Abu Dhabi, UAE – EDGE, one of the world’s leading advanced technology and defence groups, and CS Group – part of Sopra Steria, the European tech leader – specialising in the design, development, and implementation of tactical communication solutions and information systems, have signed a Memorandum of Understanding (MoU) to collaborate on an advanced tactical communications project. Signed at the International Paris Airshow 2025 by Mr. Waleid Al Mesmari, President – Space & Cyber Technologies, EDGE, and Pierre Lopez, Chief Executive Officer of CS Group, the MoU lays the foundation for the integration of an operational command system with a tactical data…

Global accountancy body ACCA (the Association of Chartered Certified Accountants) has announced a redesign of its gold standard ACCA Qualification focused on a redefinition of accountancy which is expanding and reshaping the role of the profession. The redesign reflects the increasing role of accountants in driving the widening value needed for business success, combining profitability with ethics, sustainability, the ability to leverage new technology and the agility to deal with economic volatility. Similar changes are being seen in the public sector. Responding to and anticipating the evolving needs of employers, the changes build on the current strengths of the ACCA…

Cairo, Egypt: Raya Holding for Financial Investments has officially launched the third and final cycle of its startup accelerator program, Raya FutureTECH, in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), under the DevelopPPP program, an initiative by the German Federal Ministry for Economic Cooperation and Development (BMZ) designed to foster impactful partnerships between the private sector and development efforts in emerging markets. The Raya FutureTECH accelerator targets startups working in strategic sectors aligned with Raya’s areas of operation, including information technology, customer experience, logistics, fintech, retail, clean energy, and smart mobility. The program offers hands-on mentorship from Raya’s senior executives, proof of…

Riyadh: The World Economic Forum (WEF) has named today Intelmatix, a global deep-tech company specializing in enterprise artificial intelligence, as a 2025 Technology Pioneer. Intelmatix is the first AI company from Saudi Arabia, and the broader MENA region to receive this recognition, marking a major milestone for the Kingdom’s technology sector. The WEF Technology Pioneers program recognizes the world’s most promising companies that are shaping the future through innovation and impact. Past honorees have included transformational leaders such as Google, Twitter, Airbnb, Spotify, and Palantir. The announcement underscores Saudi Arabia’s bold commitment to artificial intelligence as a national priority under Vision…

Jeddah – flyadeal has signed a strategic partnership with AlFursan loyalty program, enabling members to earn and redeem miles when flying with flyadeal, Saudia Group’s low-cost carrier. The agreement complements the growing operational footprint of flyadeal across domestic and international routes and supports AlFursan’s ongoing digital transformation. The signing ceremony was attended by H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group, and signed by Steven Greenway, Chief Executive Officer of flyadeal and Essam Akhonbay, Vice President of AlFursan Loyalty Program at Saudia. Through the partnership, AlFursan members can now redeem miles on flyadeal flights throughout the year,…

As part of its ongoing commitment to empowering its customers and supporting their expansion into global markets, Al Baraka Group has continued its efforts to support commercial businesses through a series of strategic initiatives that reflect the strength and diversity of its extensive network and broad geographic footprint. Recently, the Group successfully organized two events under its Joint Trade Finance Collaboration Program among its banking units. The first session brought together exporters and importers from its units in Turkey and Algeria, while the second gathered counterparts from Egypt and South Africa. Senior leaders and trade experts from both sides participated…

Cairo – PARAGON Developments, Egypt’s leading regenerative mixed-use developer, announces the opening of its first regional office in Saudi Arabia in Riyadh. This strategic expansion reflects PARAGON’s commitment to exporting its expertise while supporting local communities and cultures through human-centric design, enhanced well-being, and high environmental performance. The announcement coincides with PARAGON’s participation in the Nile Expo Real Estate Exhibition, one of the region’s premier events, further reinforcing its commitment to meaningful collaboration within the real estate sector and the export of its regenerative development philosophy. Saudi Arabia presents immense opportunities, with Vision 2030 driving strong demand for innovative, integrated real…

Dammam, Saudi Arabia — As part of its ongoing commitment to technical education and social responsibility, Al Jabr Trading Company provided a new JMEV GSE electric vehicle from JMC to the Secondary Industrial Institute in Wadi Al-Dawasir. This contribution supports the institute’s “Electric Vehicle Training” initiative launched by its Department of Engines and Vehicles. The four-day training program included specialized workshops and intensive hands-on sessions covering EV components, operating mechanisms, routine maintenance, safety systems, and advanced technologies. Trainees conducted direct technical inspections on the vehicle, gaining practical skills that prepare them for the job market. This initiative aligns with Saudi Vision 2030’s goal…

In collaboration with the Saudi Sports for All Federation, ASICS aims to foster start-up partnerships that align with our founding philosophy of A Sound Mind In A Sound Body June , 2025 – Riyadh, Kingdom of Saudi Arabia – ASICS Corporation today announces the launch of the ASICS Innovation Pitch in Collaboration with the Saudi Sports for All Federation, a start-up pitch program designed to cultivate innovative collaborations in Saudi Arabia. Spearheaded by ASICS Ventures Corporation and ASICS SA Marketing LLC (ASAM), the initiative invites Saudi-based start-ups to propose digital solutions that encourage greater participation in sports and physical activity. The program is launched in partnership with the Saudi Sports for…

Rabat, Morocco – Maroc Telecom and IFC are building a long-term partnership to support the subsidiaries of Maroc Telecom in Chad and Mali. Through this partnership, IFC will provide two loans for a total amount of €370 million to enhance mobile connectivity and improve the quality of mobile internet. The financing will support the rollout of 4G services, bringing faster, more reliable internet to more people and businesses across both countries. “Operating in the sub-Saharan Africa region for more than 20 years, Maroc Telecom Group’s strategy is to enhance telecommunication and associated products to serve a fast-growing young population,” says Mohamed Benchaaboun, CEO…