Author: Mahdeehassan

Dubai, UAE– For the second consecutive year, AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah and the Northern Emirates, supported the World Green Economy Summit (WGES) as the official sustainable transportation partner, reinforcing its role as a trusted partner for one of the region’s most high-profile sustainability forums. The partnership stems from AGMC’s long-standing relationship with Dubai Electricity and Water Authority (DEWA), the event organiser and a valued corporate client. Since 2017, AGMC has played a consistent role in providing mobility solutions for the summit, which gathers international leaders, VIPs, and decision makers to shape the global…

Singapore — Sriwijaya Capital, a Southeast Asia-focused private equity firm, founded by prominent Indonesian business leader, Arsjad Rasjid, has signed a Memorandum of Understanding (“MoU”) with Abu Dhabi-based BlueFive Capital to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia. The partnership will focus on building a South-to-South investment corridor, connecting Gulf sovereign wealth funds, institutional investors, and family offices with growth opportunities in ASEAN. Sriwijaya Capital will draw on its network of corporates, family businesses, private banks, and limited partners across the region, while BlueFive will leverage its global network, including but not limited…

Dubai, United Arab Emirates: Nakheel, a member of Dubai Holding Real Estate, has appointed Al Nasr Contracting Company LLC to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands under an AED 169 million contract. The scope covers access roads across the 636-unit residential community and the installation of essential utility services, ensuring connectivity between homes, public areas and wider island systems. This appointment supports Nakheel’s approach to sequencing preparatory works with infrastructure delivery, helping to enable efficient community build-out and consistent outcomes for residents. Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate, said: “Awarding this…

UAE: Source of Fate, a high-end luxury real estate developer in the UAE, under the Wheel of Fate Group, has unveiled ‘Miraggio,’ an AED 2.6 billion luxurious waterfront residential project on the central islet of Al Marjan Island, Ras Al Khaimah. The new development signals a new phase in the Emirate’s transformation into a premier global destination for real estate and investment, with Ras Al Khaimah’s real estate market expanding at a CAGR of 10.05 per cent to 2030. It is strategically located beside Wynn Al Marjan Island and provides unparalleled connectivity to Ras Al Khaimah City Centre, Ras Al Khaimah…

Webex AI Agent and Cisco AI Assistant for Webex Contact Center deployments help organizations drive faster resolutions, higher productivity and improved service quality globally.  Expanded integrations with Salesforce, Amazon Web Services (AWS) and Epic unify data and workflows for seamless customer journeys.  Dubai, UAE – Cisco (NASDAQ: CSCO) today announced enhancements to the Webex Customer Experience portfolio, including a new AI-powered tool for supervisors launching in early 2026 to unify quality management across the contact center. Cisco also unveiled AI customer momentum, deep industry integrations for seamless and secure experiences, and planned Webex ecosystem expansions in India and the Kingdom of Saudi Arabia. …

Dubai, United Arab Emirates – The fifth edition of Big 5 Global Impact Awards, celebrating impact in the built environment, has announced 150 finalists competing across 19 categories. The awards recognize projects, organizations, individuals and teams driving sustainable, collaborative and technology-led achievements, highlighting evolving standards of excellence across both public and private sectors in the urban development and construction landscape. Commenting on this year’s finalists’ announcement, Josine Heijmans, Senior Vice President, dmg events, said: “This year we have seen a remarkable 58% increase in entries from project owners, including key government authorities, alongside a 63% rise in new entrants across all…

Dubai, UAE: Dubai-based fintech startup UPFRONT has secured a $10 million pre-seed round, a mix of equity and debt allocation, to tackle one of the most persistent pain points for small and medium-sized businesses (SMBs) in the MENA region, which is cash flow inefficiencies. The round was led by venture capital funds Palm Ventures and SABAH.fund, with participation from a network of strategic angel investors. The funding will fuel product development and hiring across the UAE and soon Saudi Arabia. Launched in May 2025 by serial entrepreneurs Anas Qudah, Abdullah Alghadouni, and Mahmoud Abdel-Fattah Moursy, whose prior experience spans Careem, Dubizzle,…

Dubai, UAE – Ignyte – the region’s leading global digital start-up ecosystem has announced a landmark collaboration with Binance, the world’s largest cryptocurrency exchange, to accelerate blockchain innovation across the Middle East and North Africa (MENA). The alliance will create a dedicated blockchain and crypto innovation platform, designed to fast-track adoption, empower entrepreneurs, and deliver transformative, real-world impact. The alliance adds to DIFC’s portfolio of innovation initiatives which are making a significant contribution to Dubai’s position as a leading global centre for finance, technology and innovation. The partnership will launch with a curated, highly competitive hackathon bringing together top-tier developers, entrepreneurs,…

Dubai, UAE (1 October 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company that it is participating in WETEX 2025 (September 30–October 2) at the Dubai World Trade Centre at the invitation of the organizer, Dubai Electricity and Water Authority (DEWA). FF is exploring cooperation opportunities aligned with the UAE’s Net Zero 2050 Strategy and Clean Energy 2050 Strategy, accelerating the implementation of FF’s Middle East Third Pole Strategy and promoting the vision of smart, green, and sustainable mobility in the Middle…

MIDBANK has announced the launch of a new promotional campaign titled “Spend & Win”, in collaboration with Visa, a global leader in payments technology, coinciding with the upcoming TotalEnergies CAF Africa Cup of Nations, Morocco 2025, set to take place in Morocco later this year. The campaign offers MIDBANK customers an exclusive opportunity to win a once-in-a-lifetime trip, curtesy of Visa, to attend the tournament’s opening ceremony, an exceptional experience that combines the passion for football with rewarding banking benefits. This initiative comes as part of MIDBANK’s strategy to strengthen customer loyalty and deliver innovative banking experiences that go beyond traditional services, through strategic…