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Riyadh to host Industrial Transformation Saudi Arabia in December

Saudi Arabia s Ministry of Industry and Mineral Resources has joined forces with Riyadh Exhibitions Company and Deutsche Messe to host the Industrial Transformation Saudi Arabia in December. Announced...

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EY-Parthenon eyes $250m investment in AI-powered Edge platforms

Leading accounting and consulting firm EY has announced that its key unit EY-Parthenon is set to make a 250 million investment in its artificial intelligence (AI)-powered Edge platforms working with ecosystem...

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Bahrain to join GCC for Eid Al Fitr celebrations

Bahrain will be joining its neighbouring GCC countries to celebrate Eid Al Fitr tomorrow (March 30) after Saudi Arabia s Supreme Court confirmed the sighting of the Shawwal crescent in the kingdom said...

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Presight, Microsoft join to groom GenNext AI startups

Presight a leading global big data analytics company powered by AI today (March 27) signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based...

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Ithmaar Reward winner of February draw announced

Ithmaar Bank a Bahrain-based Islamic retail bank has announced the winner of the February draw of the Ithmaar Reward Programme that is designed exclusively for corporate Modaraba accountholders. The draw...

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HK investment deal to boost Bahrain financial sector

The Investment Promotion and Protection Agreement inked between the Government of the Kingdom of Bahrain and the Government of the Hong Kong Special Administrative Region will come into effect today (March...

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Omantel partners with TeKnowledge to enhance staff skills in AI

Omantel has announced a partnership with TeKnowledge a global leader in AI customer experience and cybersecurity solutions to launch an advanced AI and data science skilling program for its employees....

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UiPath to unveil latest Agentic AI solutions at summit

UiPath a leading enterprise automation and AI software company has announced its annual UiPath Agentic AI Summit will take place online on March 25 offering attendees deeper insight into the latest UiPath...

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Global GenAI spending to hit $644bn in 2025, says report

Worldwide generative AI (GenAI) spending is expected to hit 644 billion in 2025 thus recording a 76.4% increase from 2024 according to a report by Gartner. Expectations for GenAI s capabilities are declining...

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King Hamad leads Bahrain's Eid Al Fitr prayers

His Majesty King Hamad today performed Eid Al Fitr prayers at Al Sakhir Palace Mosque in Bahrain along with other senior officials. He also exchanged cables of congratulations with the leaders of GCC Arab...

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Benefit revolutionises digital gifting with new innovative feature

Benefit the kingdom s innovator and leading company in Fintech and electronic financial transactions service has unveiled a new feature within the BenefitPay app enhancing the digital gifting experience...

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Bader Nasser Al-Kharafi named Boursa Kuwait Chairman

Boursa Kuwait has announced that its board of directors have unanimously approved the formation of the new board appointing Bader Nasser Al-Kharafi as Chairman of the Board for a three-year term spanning...

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StartUp in partnership deal to boost Bahrain SMEs' digital growth

StartUp Bahrain the leading platform for startups in the Kingdom of Bahrain supported by the Labour Fund (Tamkeen) has signed a strategic partnership with ordable/ a pioneering business management platform...

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Bigger, bold M&A deals fuel transformative growth in Mideast region

In 2024 the Middle East s mergers and acquisitions (M&A) market demonstrated remarkable resilience and confidence driving strategic investments in sectors such as AI renewable energy and infrastructure...

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Bapco Energies completes $1bn Reg S sukuk issuance

Bapco Energies the integrated company leading the energy transition in the Kingdom of Bahrain has successfully completed a landmark 1 billion Reg S Sukuk issuance with a concurrent capped tender offer...

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IndusInd International completes $1.17bn Reliance Capital acquisition

IndusInd International Holdings (IIHL) which has a significant shareholding from the UAE out of the 600 plus globally dispersed Ultra HNWI stakeholders today said it has completed the acquisition of Anil...

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