Author: Mahdeehassan

Abu Dhabi, United Arab Emirates: Inception, a G42 company, and the region’s leading innovator of AI-powered domain-specific products and enterprise business solutions, today announced the availability of seven of its products on the Microsoft Azure Marketplace. This milestone builds on the strategic partnership between G42 and Microsoft, enabling organizations worldwide to integrate enterprise-grade AI at scale and realize their AI ambitions at speed. The seven products that are available on the Azure Marketplace are: (In)ExecEdge: An AI-powered product for top executives that transforms leadership collaboration by automating meeting workflows, surfacing real-time insights, and integrating seamlessly with Microsoft 365 to drive faster,…

Abu Dhabi, UAE: The $1 million Human Energy Health and Wellbeing Award recognises achievements in advancing the global workforce health and wellbeing, focused on the Energy sector and reflects UAE’s continuous efforts to support innovation, wellbeing and ESG excellence. Presented by Response Plus Holding PJSC (ADX: RPM), the leading pre-hospital care and emergency medical services provider in the Middle East, and Burjeel Holdings (ADX: Burjeel), a leading super-specialty healthcare provider in MENA, and supported by the leading UK-based defence medicine training company, Prometheus Medical International, the $1 million Human Energy Award is currently open for submissions. Organizations across the global Energy sector…

Dubai, United Arab Emirates: ENBD REIT (CEIC) PLC (“ENBD REIT”), the Shari’ah compliant real estate investment trust managed by Emirates NBD Asset Management Limited, announces its financial results for the first quarter of the financial year ended 30th June 2025. NAV stood at USD 236.6 million, equivalent to USD 0.95 per share, reflecting a 8.2% quarter-on-quarter (QoQ) and 18.8% year-on-year (YoY) increase. The total value of ENBD REIT’s property portfolio rose to USD 411 million, up 4% QoQ and 10% YoY, with the increase largely driven by valuation gains across prime office assets such as Burj Daman in DIFC. Portfolio occupancy remained…

Abu Dhabi, UAE – Etihad Airways has released its traffic statistics for August 2025, marking a historic milestone as the airline carried more than 2 million passengers in a single month for the first time ever. The airline welcomed 2.0 million guests during the month, a 22% increase compared to August 2024. Etihad achieved a passenger load factor of 91%, up from 89% in the same month last year, reflecting strong demand and highly efficient capacity utilisation. Etihad’s operating fleet has expanded to 112 aircraft, supporting a growing network of 81 passenger destinations. The airline’s new A321LR entered service in August, bringing wide-body…

HyperPay, one of the fastest-growing e-payment gateways in the Middle East and North Africa (MENA) region, will showcase its comprehensive suite of solutions at Money20/20 Middle East 2025, which will take place from September 15 to 17, 2025, at the Riyadh Exhibition and Convention Centre in Malham, Saudi Arabia. HyperPay will leverage the platform to showcase its innovative portfolio of solutions aimed at supporting businesses and merchants across various industries, including e-commerce, hospitality, education, finance, government, and insurance. The company’s lineup includes HyperTap, a mobile-based contactless payment tool; recurring billing services optimised for subscription models; and advanced tokenisation and data…

Dubai: The first week of the 28th Universal Postal Congress – Dubai 2025, being held under the theme ‘Leading the Change, Creating the Future’, concluded today, convening delegations from 192 Universal Postal Union (UPU) member countries. It helped identify priority issues and forged international consensus on key agenda items to be adopted at the Congress, paving the way for the approval of the Union’s strategy for 2026–2029, named the ‘Dubai Strategy.’ In its first week, the Congress featured several high-level sessions, including the UPU Global Leaders Summit, setting an ambitious vision for the future of the postal and logistics sector. The…

Riyadh, Saudi Arabia– September 2025 — Etijah Coaching and Consulting Services proudly celebrates its 15-Year Anniversary, marking a decade and a half of empowering individuals, building impactful partnerships, and guiding thousands of professionals—especially youth and women—toward careers with purpose across the MENA region. Founded in 2010 by Dina Shabib, Etijah was born from a vision to support individuals as they navigate their personal and professional journeys with clarity and confidence. Rooted in the Arabic word اتجاه (Etijah), meaning “direction” or “path,” the company has consistently filled critical gaps in career education, workforce readiness, and leadership development. “At Etijah, we invest…

Rock Developments has announced that its flagship administrative project, Rock Capital 1, is fully prepared for operation in a prime location at the heart of the New Administrative Capital. With its official opening set to take place soon, the development stands as the largest office landmark in the Governmental district, directly facing the Presidential Palace, with a total investment of EGP 3Bn. Eng. Emad Doss Chief Executive Officer Rock Developments, stated that the company is preparing to officially Operate Rock Capital 1 soon. The project is the largest administrative landmark in the New Capital, spanning 1 million square feet, featuring…

The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on the Draft for allowing capital market institutions to offer robo-advisory services. The consultation period will last for 30 calendar days, ending on 02/04/1447H, corresponding to 24/09/2025. The proposed draft aims to enable licensed capital market institutions engaged in investment management or investment management and fund operation to offer robo-advisory services. This would be carried out through the use of algorithms and modern technological tools to manage client investments based on pre-defined investment strategies. The initiative aligns with the CMA’s…

Muscat, Oman – Oman’s leading exploration and production company, OQ Exploration and Production SAOG (“OQEP” or “the Company”) (SYMBOL: OQEP.OM) today announced its audited financial results for the fiscal first half ended 30 June 2025. Financial Highlights Revenue of OMR 428.1 million (USD 1.1 billion).  EBITDA of OMR 317.4 million (USD 825.6 million). Adjusted Cashflow from Operations increased 20% to OMR 289.2 million (USD 752.1 million). Return on Capital Employed for H1 2025 24.4%; 25.8% for Q2 2025, up 16.4% v Q1 2025’s 22.1%. Strong cash balance increased by 31% to OMR 210.2 million (USD 546.6 million) v H1 2024 cash…