Author: Mahdeehassan

Riyadh, Saudi Arabia – January 2025 – CarbonSifr, a pioneering climate-tech company and a participant in the inaugural Sedrah Program under MEWA (Ministry of Environment ,Water and Agriculture) and Careem Rides, focused on facilitating everyday reliable and convenient commuting options for the region through the Careem app, are announcing the launch of Careem’s Eco-friendly ride option in Saudi Arabia with support from the Transport General Authority (TGA) and MEWA’s Sedrah Program. Eco-friendly rides, launched in collaboration with the TGA and MEWA’s Sedrah Program, will first be available in Riyadh. Customers who choose the Eco-friendly option will enjoy the same reliable…

Under the patronage of His Royal Highness Prince Salman bin Sultan bin Abdulaziz, Governor of Al Madinah Region, the “Al Madinah Ventures” programme was officially launched today, marking a bold step toward positioning Al Madinah as a global hub for entrepreneurship, innovation, and investment. The programme aims to establish a $10 million investment fund by 2025 to support startups, attract over 30 investors annually, and launch five new companies each year. This initiative is designed to drive job creation, stimulate innovation, and strengthen Al Madinah’s economic growth. Led by Value Makers Studio in collaboration with the Economic Development Centre and…

Wafeq, a modern and easy-to-use accounting platform, today announced the completion of its $7.5 million Series A funding round (SAR 28 million). This investment brings together globally renowned accounting software investors and executives, including 9900 Capital’s Managing Partner Chris Corbishley, who led the round and previously invested in Pennylane, France’s unicorn accounting platform, and Payhawk, another European unicorn in the financial planning and spending management space. Individual investor Gary Turner, who established and led the Europe, Middle East & Africa operations of Xero, one of the largest accounting software companies in the world, also participated. Existing investors Raed Ventures and…

Tajarib announced this week the acquisition of Eduba, the edtech startup, by a major telecommunications conglomerate for an undisclosed seven-figure amount. The announcement took place in a Tajarib episode broadcasted on the Iraq 24 TV channel and Tajarib’s various platforms on social media. Eduba, founded in Baghdad in 2019 by Azad Hassan, Haider Shaaban, and Raed Kadhem, initially launched as a school management app; it gained significant adoption by private schools and was one of the few to receive accreditation from the Ministry of Education, indicating the startup’s strong performance. Hassan and his team had started planning a major transformation…

Abu Dhabi, United Arab Emirates: The Open-Source AI Summit Abu Dhabi, hosted by the Technology Innovative Institute (TII), a global applied science research center, has kicked off with critical conversations that will shape the global AI agenda. The summit, taking place at the St. Regis Saadiyat Island today and tomorrow with 300+ in attendance, converges with growing international focus on the pull and push between open- and closed-source AI. “There are two critical choices when referring to AI,” said H.E. Faisal Al Bannai, the Secretary General of the Advanced Technology Research Council and Adviser to the UAE President. “You can…

Dubai United Arab Emirates, November 2024: BCH:CLB, Dubai’s favourite luxury poolside playground, is thrilled to unveil its exclusive UAE National Weekend offerings. As the long weekend approaches, this iconic beach club has crafted a vibrant itinerary to keep residents entertained each day of the extended break. From free-flowing grape and a popular ladies’ day to lively brunches and irresistible paella afternoons, BCH:CLB is more than just a beach club – it’s the ultimate weekend escape, blending globally curated music with Mediterranean-inspired flavours for an unforgettable experience.Set against the stunning backdrop of Palm Jumeirah’s iconic beachfront, look no further for a destination…

25th November, Dubai, UAE: As the UAE celebrates its 53rd National Day, Royal Furniture invites residents and visitors to join the festivities with its much-anticipated UAE National Day Super Sale. Running from 27th November to 5th December, this exclusive sale offers discounts of up to 90%, presenting the perfect opportunity to transform people to transform their home while celebrating the nation’s unity and heritage. Renowned for blending functionality with style, Royal Furniture offers a comprehensive range of high-quality products. From elegant living room sets and cozy bedroom furniture to chic dining tables and eye-catching decorative accessories, the collection caters to…

November 2024, United Arab Emirates: Nando’s UAE, the renowned South African multinational brand known for its flame-grilled PERi-PERi chicken, is proud to announce the opening of four new restaurants by Q2 2025 as part of its ambitious growth strategy. The new locations in Jumeirah Beach Residence (JBR), Al Wahda Mall, Khalifa City, and Dubai Investment Park (DIP) reflect Nando’s commitment to expanding its market presence in rapidly growing communities while also meeting the increasing demand for its signature flame-grilled PERi-PERi chicken. The JBR location strategically positions Nando’s in one of Dubai’s busiest beachfront communities, attracting both locals and international visitors. With its lively…

ariika, a leading direct-to-consumer, digital-led home furnishing brand, announces the successful conclusion of its Series A extension equity round of $3 million, led by Beltone Venture Capital, a subsidiary of Beltone Financial Holding, and UAE-based investment group Citadel International Holdings. This strategic investment marks a significant milestone for ariika to accelerate its growth trajectory locally and regionally. It also serves as a testament to ariika’s robust performance, achieving over 3x year-over-year (YOY) sales growth on a USD basis, with strong and sustainable profitability. ariika is transforming a USD20 billion home and décor industry in MENA, growing at a compounded annual…

JW Marriott Marquis City Center Doha has been honored with the impressive title of Best Luxury Business Hotel in Doha, Qatar by Luxury Lifestyle Awards. This recognition highlights the hotel’s commitment to providing exceptional service, sophisticated comfort, and a luxury experience for business travelers and leisure guests alike.  Situated in Doha’s vibrant West Bay area, JW Marriott Marquis City Center Doha offers a continuous blend of elegance, convenience, and world-class amenities. Its central location, just minutes from Hamad International Airport and the downtown business district, makes it the premier choice for executives and corporate guests seeking the perfect balance of business efficiency and personal well-being. The hotel boasts 314 rooms, including 80 spacious…