Author: Mahdeehassan

Payrails, a leading payment platform catering to global enterprises is announcing a strategic collaboration with inDrive, the world’s second most downloaded ride-hailing app. The partnership enables California based inDrive to overcome the challenge of integrating multiple payment service providers (PSPs) and alternative payment methods (APMs) across different regions, such as MENA. Payrails implemented a solution featuring a PSP-agnostic integration layer, dynamic payment routing, and expanded alternative payment method coverage. inDrive achieved an 11% increase in card approval rates as part of an effort to boost conversion rates, accomplishing this in a fraction of the time usually required to launch each…

Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…

Paris/Riyadh, May 22, 2024 – Amsa Hospitality and Luxury Hotelschool Paris are proud to announce the signing of a strategic partnership for joint operations in the Kingdom of Saudi Arabia. This collaboration marks a significant step in elevating education within the hospitality sector. Under the new agreement, Luxury Hotelschool Paris will partner with Amsa Hospitality to review and certify training materials and conduct a “train the trainer” program across the Kingdom. This initiative is open to the entire hospitality sector and all interested hoteliers, extending beyond those employed at Amsa Hospitality. Globally recognized for its excellence in teaching and pedagogy,…

Her Excellency Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, underscored the pivotal role of enhancing the biodiversity in the restoration of Mother Nature and natural ecosystems of the planet. This strengthens the role of the UAE’s initiatives in combating climate change through nature-based solutions, environmental conservation, and fostering sustainable development across all sectors. Her Excellency said: “This year’s International Day for Biological Diversity is being marked under the theme ‘Be Part of the Plan,’ inviting all stakeholders to join hands in curbing biodiversity loss. This theme resonates with the UAE’s approach of involving all relevant…

Mohammed Bin Rashid Library, Dubai, UAE: Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, Supreme Chairman of Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, honored 62 winners of this year’s educational awards from a total of 459 participants at a ceremony held today (Tuesday, May 21) at Theater Hall, Mohammed Bin Rashid Library in Dubai. The ceremony also witnessed the honoring of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group. The Foundation’s Board of Trustees selected His…

Riyadh, May 2024: Oxford Business Group (OBG) and Eyad Reda Law Firm LLP. (ERLF) have signed a partnership agreement aimed at deepening insights into Saudi Arabia’s evolving legal framework and its impact on the economy, business and investment environment. This collaboration, formalised through a Memorandum of Understanding (MoU), will see ERLF provide valuable insights into the Kingdom’s legal framework for the forthcoming edition of The Report: Saudi Arabia 2024. As OBG’s partner for the legal framework chapter, ERLF will provide in-depth analysis of recent developments and reforms in the Saudi legal and regulatory landscape. The chapter will offer insightful perspectives…

In a region celebrated for its blend of tradition and innovation, Palik is leading the way with its unique approach to footwear. This pioneering British company, recognized as a member of footwear associations, has captured the attention of UAE fashion admirers seeking both style and sustainability. Leading this movement is Saba Donyavi, a visionary entrepreneur driven by a passion for exceptional craftsmanship and cultural fusion. Palik Limited: An Icon of British Excellence Palik Limited, headquartered in the UK, epitomizes British footwear excellence. As a proud member of the British Footwear Association, Palik is renowned for its dedication to craftsmanship, innovation,…

Millennium Hotels and Resorts MEA, has inked an agreement with Umm Al Quwain’s Department of Tourism and Archaeology to exchange knowledge and expertise, and create future tourism opportunities in the Emirate in the presence of Sheikh Majid bin Saud bin Rashid Al Mualla, Chairman of Umm Al Quwain DT. The deal was cemented and signed by Mr. Fahad Abdulrahim Kazim, the CEO Millennium Hotels and Resorts MEA and Lakhraim Group, and His Excellency Haitham Sultan Al Ali, the Director General, who signed on behalf of the Department of Tourism and Archaeology – Umm Al Quwain. Sheikh Majid bin Saud bin…

The Abu Dhabi Music & Art Foundation (ADMAF) and the luxury fashion brand Dolce&Gabbana are pleased to unveil the winners of the ADMAF x Dolce&Gabbana Design Award 2024. This prestigious accolade serves as a beacon for emerging creatives, fostering their talent while honouring their cultural legacy through innovative design. Sarah AlMansoori claims the inaugural title in the jewellery creations category, while Azza Al Tawila di secures the coveted spot in the fashion category. Both winners will embark on a transformative journey, refining their work through an immersive 6-moth paid internship programme at Dolce&Gabbana headquarters in Milan, Italy, in their respective…

Unifonic, the leading conversations platform, and SaaS (Software as a Service) provider in the Middle East, is showcasing its evolution towards conversational artificial intelligence (AI)-powered engagement solutions at Seamless Middle East 2024. During its participation, Unifonic is exhibiting its customer journey automation suite and is underlining its commitment to revolutionising customer engagement through automation. AI and machine learning technologies are reshaping businesses’ communications with their customers. Amidst this transformation, Unifonic’s suite of software solutions, which will be showcased at the event, reflects its dedication to enhancing customer engagement and solidifying its position as a key player in the region’s communication ecosystem.…