Author: Mahdeehassan
Al Wahda Mall, one of the capital’s most beloved family shopping and lifestyle destinations, is gearing up to welcome the Eid holidays and the start of summer with an exciting calendar of family-focused entertainment. Known for its engaging community events and immersive mall experiences, Al Wahda Mall will be transformed into a playground of joy and celebration throughout June 2025, featuring world-class interactive performances and children’s activities. Taking center stage this Eid is the internationally popular Paw Patrol IP Event on 6–7 June 2025, where children will have the rare opportunity to meet their favorite heroic pups in person. Held…
Riyadh, June 2025: In a move set to deepen economic insight and advisory services across Saudi Arabia, Oxford Business Group (OBG) has signed a Memorandum of Understanding (MoU) with Strategic Gears, a Saudi-based management consulting firm, to jointly produce high-impact research and advisory content supporting the Kingdom’s economic transformation under Vision 2030. The two-year agreement formalises a strategic collaboration aimed at fostering knowledge exchange, policy analysis and investment insight through joint publications, advisory projects and thought leadership initiatives. It underscores a shared commitment to delivering relevant, data-driven economic intelligence that reflects Saudi Arabia’s evolving priorities. Strategic Gears will contribute its…
Press release: In a strategic move to bridge the financing gap for small and medium enterprises (SMEs) across the Arab world, the Arab Fund for Economic and Social Development , through its SME financing arm, Badir Fund, is investing in Shorooq’s Nahda Fund II, a Qualified Investor Fund registered with the FSRA ADGM. This investment aims to enhance access to credit for technology companies, fostering economic growth and innovation in the region. Badir Fund for Developing SMEs is a special account managed by the Arab Fund. It helps small businesses access the financing and technical assistance they need to grow…
Press release: ShipBee, an innovative & AI-powered one-stop-shop digital logistics marketplace providing end-to-end logistics solutions, incubated & supported by the mobility incubator of Qatar Development Bank and the Digital Incubation Center, today announced the successful closure of its Pre-Seed funding round, raising a total of QAR 855,000 from institutional and angel investors, valuing the early-stage startup at QR 3,570,000. This significant investment will fuel the company’s mission to transform how businesses and consumers manage shipping, delivery, and logistics operations, both locally and internationally. The funding, led by GrowthX alongside contributions from two angel investors, joins ShipBee’s founders’ additional bootstrapping of…
Malta’s gaming scene is about to come alive as 6,000 professionals gather for the first-ever SBC Summit Malta—a next-level evolution of the beloved CasinoBeats Summit. Taking place at the InterContinental in St Julian’s from 10–12 June, the event will serve as Europe’s strategic iGaming hub—uniting 2,000 betting and iGaming operators, 750 affiliates, and thousands more from game studios, sportsbooks, payment providers, regulatory bodies, and marketing professionals for three intense days of dealmaking, complimented by numerous learning opportunities. On the educational front, delegates will gain access to expert insights from 250 industry leaders across a three-stage agenda. Alongside dedicated tracks for casino, affiliation and marketing, the expanded programme will now cover key verticals including sports betting, European…
FIA President Mohammed Ben Sualyem, said: “I am honoured by the support I’ve received from across 36 Member Clubs in Regions III and IV. It is a privilege to be part of such a dedicated global community. “My commitment remains steadfast: to lead a federation that puts its Member Clubs at the core of everything we do and to continue to deliver across my manifesto promises. “I remain committed to expanding motorsport participation through grassroots initiatives and accessibility programs like the Affordable Cross Car and the Global Karting Plan. “At the same time, I continue to empower every region by leveraging the FIA’s mobility expertise, reinforcing its central role in the automotive industry, and leading vital conversations around the future of sustainable cities, road safety, and intelligent transport systems. Together, we will continue to deliver a stronger FIA we can each be proud of.”
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…