Author: Mahdeehassan

Dubai, UAE — XPANCEO, a leading deep tech company developing the next generation of computing via smart contact lenses, today announced the successful closing of a $250 million Series A funding round at a $1.35 billion valuation, officially joining the ranks of unicorns. The round will accelerate the company’s mission to launch the world’s first all-in-one smart contact lens, integrating extended reality (XR), real-time health monitoring, night vision, and zoom into the ultimate interface for the next generation of computing: an AI-powered XR. The round was led by Opportunity Venture (Asia), who previously spearheaded XPANCEO’s $40 million seed round. The new capital…

Riyadh, Saudi Arabia: Morgan Stanley Capital International (MSCI), an investment research firm and a leading global Environmental, Social, and Governance (ESG) index provider, has upgraded stc group from “BBB” in 2024 to “A” in 2025 in its latest ESG ratings, marking a significant leap for the leading digital enabler from the 2024 rankings. stc group is now among the top 31% of telecom companies worldwide to receive an “A” rating, out of a total of 62 telco companies ranked by MSCI. This ranking reflects the group’s consistent progress in embedding sustainability, governance, and transparency across its operations. In the MSCI report,…

SHARJAH, UAE – Graphene Innovations Manchester (GIM),a UK-headquartered deep-tech company internationally recognised for transforming graphene, AI, and robotics into industrial-scale innovations, has opened GIM WildCat, a cutting-edge facility at Sharjah Research, Technology & Innovation Park (SRTI Park). GIM WildCat is a Commercial Development Centre and Investor Engagement Hub. The move marks a strong new phase in GIM’s global journey, accelerating the commercialisation of revolutionary graphene-based technologies in the Middle East and beyond. With presence in the UK, Saudi Arabia, UAE, Asia, and the US, GIM is pioneering advanced materials across key sectors through divisions such as GIM GrapheneFibre (graphene enriched carbon…

Abu Dhabi, UAE : Yango Group, a global technology company, today launched its Transport Service in Abu Dhabi and Sharjah. Integrated into the Yango Superapp, this free feature delivers public transport routes and schedules, empowering residents and guests to navigate the Emirates efficiently. The service expands Yango’s growing ecosystem in the UAE — including ride-hailing, delivery, and car rental — reinforcing its mission to streamline urban living. The service enables effortless journey planning: users now access schedules for 33 city and 82 intercity bus routes across Abu Dhabi’s 10+ localities, alongside 12 city and 13 intercity routes in Sharjah. After selecting…

Dubai, UAE: MERED, the award-winning international real estate developer, has released new buyer insights from ICONIC Residences Design by Pininfarina, revealing changing expectations among Dubai’s premium real estate purchasers. Compiled from direct buyer engagements in H1 2025, the analysis provides a snapshot of how high-net-worth individuals (HWNI) are navigating the city’s residential market. Key Buyer Priorities The report shows that 65% of buyers emphasized privacy and exclusivity, while 60% identified architectural quality as a key factor influencing their decisions. Location and connectivity were important to 55% of respondents, with 50% focused on long-term investment value. Lifestyle-driven amenities and services ranked as…

Dubai, UAE – Promofix, MENA’s fastest growing technology provider and a subsidiary of JGROUP, has announced the expansion of its strategic partnership with Google, becoming the authorized media sales representative of Google Ads products and services in five key MENA countries: Oman, Bahrain, Qatar, Kuwait, and Jordan. With this new authorization, Promofix reinforces its position as a digital solutions leader across the Middle East and North Africa. As the officially appointed media sales representative for Google Advertising solutions, Promofix will deliver tailored training, expert account management, strategic guidance, and on-ground services in local languages across key markets. This milestone reflects the company’s commitment to driving digital transformation, enabling businesses…

Whether you’re off to a sunny beach destination, a tropical forest, or a buzzing city, having the right tech can make or break your trip. Traveling with Sony will ensure you get the best experience wherever your adventures take you. From enjoying total peace on long flights with the latest WH-1000XM6 noise-cancelling headphones, to their cooling REON Pocket Pro when you’re out and about in the city. Capture your memories with the ZV-E10 II vlog camera and blast your favorite tunes on the go with the portable sleek ULT FIELD 1 speaker. So, pack your bags, charge up, and get…

Dubai: Deliverect, a global ecosystem of on and off-premise solutions that empowers restaurants and retailers to sell anywhere and deliver everywhere, has partnered with Paymob, MENA’s leading financial services enabler. This collaboration sees Paymob listed on Deliverect Pay, enabling all restaurants in the Middle East to accept and process transactions seamlessly. With Paymob now integrated with Deliverect Pay, it will enable restaurants to use its payment gateway system for online orders on Deliverect Direct. Restaurants can benefit from its embedded payment experiences, enjoy swift access to their funds, higher acceptance rates, and receive dedicated account management support. Food and beverage outlets…

Manama, Bahrain: The Central Bank of Bahrain (CBB) has entered a strategic partnership with ARRAY Innovation, a local portfolio company of Bahrain Mumtalakat Holding Company, to accelerate its digital transformation initiatives. The partnership agreement was signed in the presence of HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, on the sidelines of the FS Horizons: Doubling Down on Digital event, hosted in collaboration with the Bahrain Economic Development Board. As part of the agreement, ARRAY Innovation will provide strategic advisory and professional services to the…

Abu Dhabi, United Arab Emirates – Ruya Partners, a leading private credit investment firm in the GCC, is pleased to announce the closing of a USD 15 million (SAR 55 Million) private credit investment in TruKKer Holding Limited, the largest digital freight and logistics platform across the Middle East, North Africa, and Central Asia. The transaction marks the sixth investment from Ruya Private Capital I, the firm’s flagship private credit fund. This financing will enable TruKKer to deepen its regional expansion, enhance technology capabilities, and further solidify its position as the region’s primary freight-tech platform. Backing a Regional Freight-Tech Champion Founded…