Author: Mahdeehassan

SBC Summit Malta 2025 will place the future of sports betting at the heart of its agenda with the launch of the Next-Gen Sports Betting track, a forward-looking series of sessions exploring the technologies, player behaviours, and product strategies fuelling the next phase of industry growth. Taking place on Thursday, 12 June at the InterContinental Hotel in St Julian’s, the track will feature five expert-led sessions covering AI integration, the emerging esports betting market, and the future of in-play betting across multiple sports. Rasmus Sojmark, Founder and CEO of SBC, said: “Sports betting is being redefined in real time—by new technologies, new user habits,…

Press release: U Consumer Finance S.A.E. (“Valu”), the leading universal financial technology powerhouse in Egypt, announced today its intention to proceed with the trading of its shares on the Egyptian Exchange (the “EGX”), following the completion of an in-kind dividend distribution* by EFG Holding S.A.E. (“EFG Holding”) (the “Dividend Distribution”). Valu was listed on the EGX on 21 May 2025 (the “Listing”, and together with the Dividend Distribution, the “Transaction”). Valu’s shares will be admitted to trading on the EGX following registration with the Egyptian Financial Regulatory Authority (the “FRA”), the completion of the dividend distribution, and the ratification of…

Press release: Tech Universal Ventures (TUV), a UAE-based investment holding firm, has acquired two high-growth technology companies—FixSquad (UAE) and ELVA11 (Sweden)—as part of its strategic push to scale intelligent services and expand its footprint across the Gulf and global markets. FixSquad is a fast-scaling mobile and electronics servicing brand operating in both the consumer and B2B spaces, with a growing footprint across the GCC. The company is currently rolling out a regional franchise model to standardise service delivery and expand B2B partnerships with enterprise clients. ELVA11, based in Malmö and Stockholm, is a high-performance software and artificial intelligence (AI) company…

Global technology brand OPPO hosted the 2025 Smiling Angel Awards Ceremony in Shenzhen on April 28th, recognizing 163 frontline staff from customer service and retail teams for their exceptional performance. Driven by OPPO’s belief that technology is not an ends in itself but a means to serve people, the Smiling Angel initiative is the most important annual awards honoring frontline staff who exemplify OPPO’s commitment to creating human-centric technology and experiences. Working across more than 300,000 stores and service centers worldwide, OPPO’s 77,000 frontline professionals are not only essential touchpoints between OPPO and its global users, but also trusted partners…

Kerzner International Holdings Limited (Kerzner), an independent developer and operator of luxury hospitality and residential properties, and Sunset Hospitality Group (SHG), a leading multinational lifestyle hospitality group, have entered a strategic joint venture to drive the global expansion of the celebrated Tapasake concept. SHG and Kerzner will join forces to expand the Tapasake brand as a stand-alone lifestyle concept outside the One&Only portfolio for the first time. Building on its existing presence in Dubai, the Maldives, Montenegro, and Mauritius, this joint venture will scale the brand across additional key international destinations, with further global markets currently in development. As part of the…

The partnership brings secure, sovereign AI agents to mission-critical workflows across the UAE, KSA, and beyond Dubai, UAE – May 26, 2025 – CNTXT AI, a Data and AI enabler driving AI readiness through sovereign infrastructure and high-quality data, has signed a strategic Memorandum of Understanding (MoU) with Beam AI, the leading platform for AI agents. Together, the two companies will deliver secure, scalable, and localized AI agents to power operations and serve enterprise and government sectors in the Gulf. The partnership enables Beam AI to expand into the GCC through CNTXT AI’s trusted infrastructure and data services, while CNTXT…

Press release: Toolmart, a leading B2B tech startup revolutionising how industrial supplies are sourced and procured in the Middle East, has raised a seed funding round led by Plus VC, the most active MENA VC and Oasis500, alongside prominent regional angel investors. The funding will support the company’s continued growth, expanding its team and increasing its footprints in new markets across the Middle East. Founded in 2022 by Shawkat Shegem, Ahmed Al Hinti, and Nadeem Al Salem, Toolmart was created in response to the co-founders’ firsthand experience with the inefficiencies of sourcing non-direct supplies in a fragmented, largely offline ecosystem.…

Press release: SC Ventures, Standard Chartered’s innovation, FinTech investment and ventures arm, has signed a strategic partnership with DIFC Innovation Hub to launch the National Venture Studio, a new initiative aimed at accelerating innovation and supporting venture creation across the region. As part of the collaboration, SC Ventures is providing its Venture Building as a Service (VBaaS) model to equip DIFC Innovation Hub with the tools, expertise, and frameworks required to operate and scale the National Venture Studio. This strategic service offering brings SC Ventures’ global venture-building experience to the United Arab Emirates (UAE) leading innovation ecosystem. VBaaS supports the…

Abu Dhabi, UAE:May 2025 – NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, has announced the signing of a Memorandum of Understanding (MoU) to explore collaboration with Shanghai Hilong Shine New Materials Co. LTD (Hilong), at the Make it in Emirates forum in Abu Dhabi. Headquartered in Shanghai, China, Hilong is a leading company committed to research and development as well as manufacturing related to high-end coating and new materials for industrial heavy-duty anti corrosion. Specifically, this involves: Oil Country Tubular Goods coating and materials, pipeline coating and materials, Concrete Weight…

Returning to Lisbon, SBC Summit will present a reimagined agenda designed to better serve a global audience, with a powerful new focus on market diversity, technological innovation, and actionable, real-world learning. Building on the success of its Lisbon debut, SBC Summit will return to the Feira Internacional de Lisboa and MEO Arena on 16–18 September 2025. The event will welcome 30,000 attendees to a six-stage, industry-wide conference agenda spanning global and emerging markets, payments, affiliation, player protection, and new hands-on ‘Operator Academy’ workshops. Familiar to last year’s attendees and bigger than ever, the Super Stage will also return to the MEO Arena to spotlight headline sessions from the industry’s biggest names;…