Author: Mahdeehassan

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…

Riyadh, Saudi Arabia / Manama, Bahrain – center3, a leading digital infrastructure provider in the Middle East, has announced a strategic partnership with stc Bahrain to develop a new terrestrial interconnection. This route will link 2Africa Pearls cable landing station and data center in Bahrain with all center3 cable landing stations in Saudi Arabia and its data center footprint. The partnership enables seamless terrestrial connectivity from Bahrain to key center3 landing stations on the Red Sea, including Jeddah, Yanbu, Duba, and Haql. Additionally, the route connects directly to center3’s carrier-neutral data centers in Riyadh, Jeddah, and Dammam, providing customers with a…

Prime Developments, in partnership with Osoul for Tourism Development, has announced the launch of its new project “CLAN.” Prime Developments is one of the leading real estate companies in the Egyptian market, particularly in the Red Sea region, where it began operations in 2008 with a distinctive and unique vision in the real estate development sector. The company has focused especially on residential-tourism and hotel-style residential projects. Over the years, Prime Developments has established itself as one of the largest real estate developers on Egypt’s eastern coast, catering to a wide range of clients from various nationalities seeking to own…

Muscat, Oman – In a significant step towards strengthening Oman’s image as a hub of innovation and digital transformation, the Arabian Research Bureau (ARB)—organizer of the prestigious COMEX (Oman’s global technology and innovation expo)—has signed a Memorandum of Understanding (MoU) with the Unified Promotional Identity Office of the Sultanate of Oman, located within the “Nazdhar” (National Programme for Private Sector Development & Foreign Trade). The MoU was signed today by Mr. Amr Abdullah Baabood, CEO of ARB, and His Excellency Dr. Fares bin Turki Al Said, Acting Director of the Unified Promotional Identity Office. This partnership aims to seamlessly integrate Oman’s…

Ajman, UAE – Expleo, the global engineering, technology and consulting services provider, announces a strategic partnership with Ajman Bank, a leading Islamic financial institution in the UAE, to establish a testing centre of excellence (TCoE). The initiative is a strategic move to strengthen the bank’s promising position in the region’s evolving financial landscape. The TCoE is positioned as a centralised hub supporting Ajman Bank in building robust, enterprise-wide financial applications and enhancing operational efficiency while maintaining agility, compliance with Shariah principles, and ensuring an unmatched customer experience. Expleo’s tailored solution for Ajman Bank Expleo will deliver a comprehensive, phased solution built on its…