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RemotePass and Wafeq Partner to Automate Payroll and Accounting for UAE & KSA Businesses
RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq’s accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance. The two-way native integration eliminates manual entry ensuring accurate,…
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Best’s Commentary: (Re)Insurance Markets in West Africa Navigate Uncertainty Amid Political Shifts
The withdrawal of Niger, Mali and Burkina Faso from the Economic Community of West African States (ECOWAS) is the latest sign of political turmoil in the region, but the direct impact on (re)insurance markets will be limited in the short term, according to a new commentary from AM Best. In a new Best’s Commentary, “(Re)Insurance Markets in West Africa: Navigating Uncertainty Amid…
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AM Best to Present Latest Algiers Insurance and Reinsurance Trends at Upcoming Briefing
Members of AM Best’s insurance ratings and analytics team will share their latest perspectives on the reinsurance industry, trend observations in the Algerian insurance marketplace, and discuss Best’s National Scale Ratings (NSR) during an upcoming market briefing taking place in the African nation. The briefing is scheduled for Thursday, 10 April 2025 at the Hôtel El Aurassi in Alger Centre. The event…
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Lattafa’s New Gourmand Range Blends Timeless Elegance with Irresistible Fragrance Notes
Rooted in crafting scents that evoke elegance, confidence, and indulgence; Lattafa Perfumes, the luxury fragrance house offers a refreshing departure from the conventional with its latest Gourmand Range. Concocting a mix of irresistible notes, the newest range includes six signature fragrances with ‘Victoria’ – the secret to timeless elegance, making headlines. Lattafa’s latest collection celebrates individuality with a captivating range…
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DEWA invites international developers to submit expressions of interest for the 1,600MW 7th phase of the Mohammed bin Rashid Al Maktoum Solar Park, with 1,000MW of energy storage
Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest for a tender to develop the 1,600-megawatt (MW) seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, will use photovoltaic solar panels and a battery energy storage system with a capacity of 1,000MW for six hours,…
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Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE
Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing up to $400 million through a senior revolving facility backed by a diversified pool of…
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Aster Guardians Global Nursing Award 2025 Worth $250,000 Extends Nomination Deadline to 9th March
The deadline for submissions is extended due to an overwhelming global response of 100,000+ registrations from 200+ countries. Nurses from around the world can submit their nominations via www.asterguardians.com Last year’s winner, Nurse Maria Juan launches #BeOneMovement which includes a lifesaving training initiative and environmental stewardship program Aster Guardians Global Nursing Award 2025 – an initiative by the leading integrated…
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Riyadh International Disputes Week 2025 concludes, with a high turnout of participants from 82 countries
Riyadh concluded the 2nd edition of the Riyadh International Disputes Week (RIDW25), with a significant international turnout of more than 4.8 thousand attendees from 82 countries. With more than 87 specialized legal events, RIDW25 featured 470 renowned local and international speakers, who came together to explore the latest global trends shaping the commercial dispute resolution industry. With a rich lineup of…
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Strong 2024 performance and a positive outlook for 2025
Hikma Pharmaceuticals PLC, the multinational pharmaceutical company, today reports its audited results for the year ended 31 December 2024. The Group reported revenue growth of 9% (9% in constant currency) to $3.127 billion )compared to $2.875 billion in 2023). In 2024, Hikma continued driving future growth in all regions and achieved a strong financial performance ahead of expectations. We made excellent strategic progress during the year,…
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Multiply Group signs landmark investment with CVC and PAI Partners to secure a controlling stake (67.91%) in Tendam, with the transaction expected to double Multiply’s operational EBITDA post-consolidation
Multiply Group establishes new Retail and Apparel Vertical with Tendam as its anchor business, further deepening the Group’s presence in consumer-focused industries. Tendam is Spain’s second-largest apparel group by market share and one of Europe’s leading omnichannel apparel groups, operating 1,800 points of sale in more than 80 markets including Spain, Portugal, France, UAE and Latin America and brands such…
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Revitalize Your Hair in Three Simple Steps with Hammam Zaith
Drawing inspiration from the rich culture and heritage of the region, Vatika’s Hammam Zaith, recommended by hair experts as the No. 1 hair treatment for dry and damaged hair, encapsulates the benefits of an in-spa hot oil treatment in a jar, offering the convenience of a rejuvenating salon experience right at home. In the Middle East, hair care has been…
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Kalyani Strategic Systems Ltd (KSSL) and AM General Sign Landmark Letter of Intent for Supply of Cannons to the U.S.
Kalyani Strategic Systems Ltd (KSSL), a 100% subsidiary of Bharat Forge Ltd, India, and AM General, USA, have signed a Letter of Intent (LOI) at IDEX 2025 for the supply of made in India advanced artillery cannons to the United States. This marks the first-ever supply of cannons from an Indian defence manufacturer to the United States, a testament to…
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IOC and TCL announce long-term global TOP Partnership through to 2032
The International Olympic Committee (IOC) today announced a Worldwide Olympic Partnership with global technology company TCL through to 2032. TCL will be the official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. TCL products will drive new experiences for fans and athletes, from digital displays at the Olympic and Paralympic to household appliances in…
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Digital Prosperity Awards winners announced at 4th General Assembly of the Digital Cooperation Organization
The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization focusing on the acceleration of the growth of an inclusive and sustainable digital economy, has unveiled the winners of the Digital Prosperity Awards at a ceremony held at its 4th General Assembly gala dinner hosted by the Hashemite Kingdom of Jordan, in the Dead Sea. Attended by high-level delegations…
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Geothermal Developer Ignis H2 Energy Raises $12.5M in Series a First Close
Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development startup, announced today the successful first closing of its Series A funding round, securing $12.5 million from a consortium of investors, including leading funds and private individuals. The funding round was led by alfa8 and includes a commitment from drilling contractor Nabors Industries, alongside investments from existing shareholders, private…
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Oman Avenues Mall Expands Retail Portfolio with New Centrepoint Opening
Oman Avenues Mall, a premier retail destination in the heart of Muscat, Sultanate of Oman, has expanded its retail portfolio with the opening of Centrepoint, the region’s beloved all-inclusive destination for stylish apparel, kids’ wear, beauty, footwear, accessories and home essentials. With its sleek, contemporary design and a customer-first approach, the new Centrepoint store offers an immersive lifestyle experience that…
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PharmaJet to Highlight Benefits of Needle-free Intradermal Delivery at Medical Conference in Ethiopia
PharmaJet presentation will highlight the results of recent immunization studies using needle-free intradermal (ID) delivery for polio immunization campaigns. Data reinforces how increased coverage, decreased cost, and acceptability can be achieved with vaccines administered with the Tropis® ID System, the first and only needle-free ID delivery technology to achieve WHO prequalification. PharmaJet®, a company that strives to improve the performance…
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