Author: Mahdeehassan

eToro, the trading and investing platform, has partnered with Arabesque AI, an investment advisory and technology company, to launch a new Sharia-compliant portfolio for users in the Middle East. Named ShariaAI-Growth, the portfolio leverages Arabesque’s AI technology and bank of environmental, social, and governance (ESG) data to identify high-growth US stocks that comply with Sharia principles. “Since our launch in the UAE six months ago, our goal has been to tailor our services to meet the evolving needs of our users in the region,” explained George Naddaf, GCC & MENA Regional Manager at eToro. “Our recent survey of retail investors in the UAE…

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Abu Dhabi-UAE: Ambulatory Healthcare Services (AHS), a subsidiary of PureHealth, the largest healthcare platform in the Middle East, is increasing availability of specialist services at its centres and extending opening hours across its network to provide enhanced patient care in Abu Dhabi and Al Ain. The move is in line with its commitment to providing an accessible and seamless patient experience, supporting PureHealth’s strategic objectives to enhance the healthcare ecosystem in Abu Dhabi. AHS provides family medicine, specialty, screening, and diagnostic services across a network of 30 centres throughout the emirate. It has expanded access to more than ten specialties, in…

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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…

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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,…

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The sixth edition of ExpoCulinaire 2024, a unique culinary event in the UAE and the region, kicked off today (Monday) at Expo Centre Sharjah, running until May 22. Supported by the Sharjah Chamber of Commerce and Industry (SCCI) and organized by Purple Kitchen Events, the three-day event brings together over 3,500 chefs from around the world and more than 200 leading companies and brands from the cooking, food, hospitality, hotels, and tourism sectors. The exhibition was inaugurated by HE Waleed Abdul Rahman Bukhatir, Second Vice Chairman of the Board of Directors, SCCI, in the presence of HE Saif Mohammed Al…

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Ajman Bank has been declared winner of the coveted Islamic Digital Banking Provider of the Year Award at the MEA Finance Banking Technology Summit & Awards 2024. The awards ceremony took place at the Ritz Carlton DIFC in Dubai and was attended by more than 300 senior executives and honored guests from across the region’s banking and financial technology sectors. Mr. Mustafa Al Khalfawi, CEO of Ajman Bank, said, “We are proud to receive the Islamic Digital Banking Provider of the Year award. This recognition is a testament to our relentless pursuit of innovation, our customer-centric approach, and our commitment…

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Abu Dhabi, United Arabi Emirates: On the back of its participation as the Knowledge Partner of The Audit Summit that was held in Abu Dhabi 15 and 16 May, Deloitte Middle East announced today its Memorandum of Understanding (MOU) with the Internal Audit Association in the United Arab Emirates (UAE IAA), to underline the shared commitment to drive the transition towards a world of tech auditing. The agreement outlined the joint efforts to drive the industry’s journey towards embracing agility in Internal Audit and enabling the pivotal role of emerging technologies in augmenting organizational value amidst the evolving terrain of…

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Abu Dhabi, UAE: Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has announced the expansion of Wizz MultiPass, a pioneering and innovative flight subscription service that enables adventurous travellers to travel multiple times and rewards loyalty. The Wizz MultiPass enables passengers to enjoy a fixed price for their ticket and baggage for the entire year and travel every month on international flights from, and to, the UAE for a fixed monthly fee. The monthly MultiPass fare remains consistent, unaffected by seasonal changes or last-minute bookings, to ensure great memories year-round. The subscription includes all taxes and fees, ensuring stress-free and…

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As COP28 finished in Dubai with the signing of the agreement on The Global Climate Fund for vulnerable countries, many people thought that this represented a new chapter in the history of the GCC region. The global centre for the production of hydrocarbons had realised that there has to be a new sustainable future and just continuing to pump oil is no longer an option. There has to be a new vision which is focused on protecting the environment by moving away from energy sources which produce CO2. However, this view fails to understand the transition which has been taking…

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CyberSec, a pioneering cybersecurity consultancy, is thrilled to announce its expansion into the Middle East, targeting markets in Bahrain and beyond. With a unique approach that leverages the skills of former world-renowned hackers, now turned defenders of the online world, CyberSec is set to address the critical shortage of cybersecurity expertise in the Gulf Cooperation Council (GCC) region. CyberSec has built a reputation for excellence by employing a team that includes both a top cybersecurity lawyer and former high-profile hackers. This blend of real-world experience and legal prowess enables CyberSec to offer unparalleled cybersecurity insights and solutions, turning potential threats…

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