Author: Mahdeehassan

UAE – PlanRadar, the leading platform for digital documentation, communication, and reporting in construction and real estate projects, is proud to announce its participation at Cityscape Global 2025, taking place in Riyadh from 17–20 November 2025. Visitors can connect with PlanRadar at Stand H4 – F90, where the team will be demonstrating the latest platform features designed to simplify project management and support sustainable growth in the built environment. This year’s participation comes after PlanRadar’s landmark achievement in 2024, when the company was named the winner of the Cityscape Global Innovation Challenge for Construction Technology Excellence. The award recognized PlanRadar’s role…

Read More

Dubai, UAE: Ebury, the leading global fintech specialising in international payments and FX risk management, has launched a brand new mobile app designed to give businesses complete control over their global cash flows — anytime, anywhere. The new app enables clients to manage international payments, foreign exchange conversions, and approvals directly from their mobile devices, providing greater convenience for clients who want to transact on the go. Users can convert and pay in over 130 currencies, check live exchange rates, track transactions in real-time, instantly access their accounts and approve payments in seconds — combining powerful functionality with a seamless, intuitive…

Read More

Dubai, UAE: KORA Properties, the real estate development arm of APPCORP Holding, the parent company of the Apparel Group, has announced the launch of IL VENTO, an architectural icon that will deliver luxury apartments in Dubai Maritime City – the new waterfront community that will become a hub of cruise and leisure tourism in Dubai. IL VENTO, which means ‘The Wind’ in Italian, draws inspiration from the fluid grace and free spirit of waterfront living. The tower embodies timeless elegance and modern sophistication, offering residents a world-class waterfront lifestyle that is just minutes away from Dubai’s key landmarks. With IL VENTO,…

Read More

Cairo, Egypt – Siemens Mobility has reached major milestones in Egypt’s rail transformation journey, connecting millions of Egyptian people across the country with fast, reliable, and sustainable rail service. At the official opening of TransMEA 2025, the region’s leading exhibition for transportation and logistics in the Middle East and Africa, Siemens Mobility unveiled the Velaro high-speed train to the Egyptian public for the first time in the outdoor display area. The technologically advanced high-speed train, specially adapted for Egypt’s desert conditions, reaches speeds of up to 250 km/h and offers seating for 489 passengers. On the same day, the Desiro HC…

Read More

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai, today reports its operational and financial results for the third quarter ended 30 September 2025.Key Takeaways: Q3 2025 vs. Q3 2024• Total revenues of AED 343.3 million (+43%)• EBITDA of AED 199.8 million (+36%), with an EBITDA margin of 58%• Net profit of AED 157.0 million (+50%)• Total net addition of c.11.7k new spaces across entire parking portfolio (+6%)• Total parking transactions of 34.1 million (+0.4%)• Average public parking utilisation rate of 21.3% (-5.1 p.p.)• Total public parking seasonal card sales…

Read More

Press release: DisrupTech Ventures, a leading early-stage fintech venture capital fund, announces its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s retail sector into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside of Egypt, underscoring the fund’s growing commitment to supporting fintech innovation across the continent. Founded in 2020 by Ismael Belkhayat and Sophia Alj, Chari has built a licensed fintech platform that turns thousands of neighbourhood shops into access points for digital payments and financial services. By leveraging its payment institution licence from the Central Bank of…

Read More

Mr. Hussein Salah: DIG has been making strong strides in the Egyptian market since its inception, based on its financial standing and the expertise of its board of directors Mr. Hani Helmy: DEFAF project is a fully integrated residential development includes a commercial component Mr. Mohamed Fawzy: We have six projects in the New Administrative Capital Downtown, with construction rates reaching 40%. We have also delivered projects in West Cairo Eng. Hani Farrag: DIG, Westway, Deyaar Harva and Meamar Al farouk alliance has successfully launched 25 projects, including seven in the New Administrative Capital and 18 in West Cairo Dr.…

Read More

Abu Dhabi, UAE – PureHealth, the largest healthcare group in the Middle East, has announced a strategic partnership with Dorchester Collection Academy, the learning and development arm of the world-renowned luxury hotel group, to redefine patient experience by integrating world-class healthcare and luxury hospitality standards. As a regional first, this collaboration positions the UAE as a global pioneer in human centred healthcare innovation. The partnership will introduce the ‘PureHealth Signature Patient Experience’framework, combining clinical excellence with world-class standards across every patient touchpoint.Leveraging Dorchester Collection Academy’s expertise in delivering luxury experiences and its acclaimed training programmes, PureHealth will empower its teams to…

Read More

AlUla, Saudi Arabia: AlUla Development Company (UDC), a Public Investment Fund (PIF) company, today announced the awarding of the contract for Diyar AlMahash project to Rezaik Abdullah Al Gedrawy Company, which will oversee the final design and construction. This marks a crucial step in UDC’s commitment to developing world-class residential infrastructure that supports the growth of AlUla’s hospitality sector. Diyar AlMahash is a vital project for the region’s development, designed to provide high-quality, sustainable living spaces for more than 1,000 hotel employees. Comprising of 568 residential units, including rooms, studios, one-bedroom, and two-bedroom apartments, the complex will develop a vibrant and supportive…

Read More