Author: Mahdeehassan

Saudi platform Mush Social has raised $1.2 million in its pre-seed investment round. The round was led by Nifal Consulting, with participation from Nahr Al-Jazeera Holding and several angel investors. This funding positions Mush Social for significant growth in the competitive social media space. The company is developing a unique social media platform that stands out by allowing users to earn interactive points. These points unlock extra benefits, driving user engagement. Additionally, the platform offers a “Map” feature, enabling users to own virtual assets that will eventually generate financial returns. This feature helps maximise the value users get from the…

London, United Kingdom: Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical group, today provides an update on current trading. Riad Mishlawi, Hikma’s CEO, said: “I am pleased with our progress this year and we remain on track to deliver another strong performance in 2024, in line with our current guidance. All three businesses are contributing, with new launches across our markets and investment in our infrastructure giving us confidence for the future. We have made excellent strategic progress in the period, having closed the Xellia acquisition and signed an important contract manufacturing agreement for our Generics business.” Group The Group…

Abu Dhabi has earned a spot as one of the world’s leading cities to kickstart a software career, according to a recent report by software solutions provider Nsoft. The study assessed the best global locations for software professionals and placed the UAE capital fifth, just behind Washington D.C., as an emerging hub for technology and innovation in the Middle East. The analysis ranks cities based on various criteria, including the number of available software positions, average salaries, the density of software companies, cost of living, quality of life, and broadband speeds. Abu Dhabi’s thriving tech landscape and significant investments in…

The chip giant Nvidia is said to replace Intel in the top-tier Dow Jones Industrial Average, the 30-stock blue-chip index from November 8. Dow is considered to be the primary gauge of the world’s biggest stock market. The report as per S&P Dow Jones Indices. This will end Intel’s long 25-year run in the Dow. Nvidia will now join Microsoft and Apple, its $3 trillion peer. Other tech giants – Meta, Facebook’s parent company, Amazon, and Google are yet to join the index. Primarily, Dow is a price-weighted index. It assigns the weightings based on the organisation’s stock prices, that…

Yasser Hassan is the Managing Director responsible for overseeing and leading AWS and its cloud strategy in the Middle East, North Africa, and Turkey. He leads the development and delivery of an end-to-end business transformation strategy across AWS teams to strengthen the business. In his role, Hassan drives critical growth in strategic planning, business development, and partner engagement. He uses technology to make the world a better place, focusing on using the power of the cloud to make a difference. Hassan’s strength and interest have always been developing highly effective teams. He is deeply committed to empowering associates within their…

Toshiba Electronics Europe has announced a new video that showcases its successful partnership with PROMISE Technology to deliver enhanced data storage capabilities to CERN. The video explores how the collaborative partnership has been instrumental in fulfilling CERN’s mission by delivering robust storage systems and cutting-edge hard drives to support its groundbreaking research. The LHC’s collision detectors, which run 24/7, generate approximately 1TB of data per minute, necessitating robust and reliable data storage. Since 2008, CERN has used PROMISE Technology’s 24-bay JBOD VTrak J5800 HDD enclosures, with some of the earliest systems still operational today. CERN has also used Toshiba’s Enterprise Capacity HDDs,…

Fujairah, UAE – Fuelre4m, a leading innovator in sustainable fuel optimisation and digitalisation, shared its forward-looking vision at the Fujairah Mining Forum, where the discussions centred on the mining sector’s critical role in the future of renewable energy, the imperative for ethical mining practices, and the transformative, yet evolving, role of AI. With the global demand for sustainable energy materials rising, Fuelre4m is poised to lead the charge in responsible, efficient, and technologically enhanced fuel management solutions. As the world accelerates toward renewable energy, the often-criticised mining sector holds a pivotal role in supplying essential materials for this transformation. Rob…

Brands.io, a platform specialising in domain names for AI startups, has secured a seed funding round from investors, just one month after its establishment in Dubai in October 2024, led by Chetan Gera. The platform operates on a business model focused on providing high-quality, customised domain names tailored to meet the needs of companies in the AI sector. Its diverse customer base includes Nasdaq 100 companies, unicorn startups, as well as early-stage companies. This investment will be used to develop the platform, add new technical features, expand into markets in Europe, the Middle East, and Africa, and strengthen its presence…

Muscat, Oman – : Otaxi, a leader in taxi services in Oman and part of ITHCA Group, in cooperation with the Ministry of Transport, Communications and Information Technology (MTCIT) in Oman, announced a strategic partnership with ITHCA Group and global technology leader Yango Group, renowned for its innovative daily services including ride-hailing, cloud technologies, foodtech and Yasmina (AI voice assistance) amongst others. The goal of this partnership between Otaxi and Yango Group is to enhance mobility services, particularly taxi services, contributing to the modernization of the digital infrastructure in Oman and providing sustainable services to support the digital transformation of taxi and…

Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) today announced the signing of lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft, scheduled for delivery in the fourth quarter of 2025 and the first quarter of 2026. Firoz Tarapore, Chief Executive Officer of DAE, said, “We are pleased to further strengthen our partnership with Hainan Airlines. This agreement reflects the strong relationship we’ve developed over the years, and we value their trust in DAE as we remain committed to meeting their evolving fleet needs. The addition of these state-of-the-art Boeing 737-8 aircraft will support Hainan Airlines’ growth and operational objectives.…