Mobily reveals several agreements and partnerships with many tech fields

Mobily, Leap’s strategic digital partner has unveiled a series of agreements and partnerships across a wide range of technology fields such as Artificial Intelligence (AI), gaming, digital infrastructure and more on Day One of LEAP 2023. As the thousands of delegates, experts and industry leaders attend the first day of the event to discuss, learn […]

Holo Mortgage Consultant obtains seven figure seed round funding

Holo, the first online platform to provide free digital mortgage services in the Middle East, has today announced seven figure funding in their latest seed round. Investment in Holo’s latest funding round was led by Saudi based Watheeq Proptech Venture. and Hambro Perks Oryx Fund. New regional participation came from DFDF, Annex Investments, and Tawaref […]

KIPCO signs USD 525 mln credit facility

The Kuwait Projects Company (Holding) announced that it has signed a USD 525 million (KD 160.4 million equivalent) credit facility with a group of nine regional and international banks. The facility has an initial February 2025 maturity and a one-year extension option at KIPCO’s sole discretion. Standard Chartered Bank acted as the coordinator, with First […]

Middleby announces partnership with SBT

The Middleby Corporation (“Middleby”), a global leader in the foodservice industry, has entered into a new strategic and investment partnership with Sustainable Beverage Technologies (“SBT”), a company focused on re-imagining the beer marketspace through revolutionary technological innovations. SBT develops technologically advanced brewing and dispense applications. Middleby, in cooperation with SBT, will be manufacturing the NexDraft dispensing […]

IBAG announces 2023 objectives and reports a 7% rise in growth rate

International Business Associates Group for Money Transfer Services, S.A.E. (IBAG) recorded a total of USD 1.65 billion worth of transfers in 2022 with a 7 percent growth rate compared to 2021, reflecting the success of the company’s latest transformation and modernization strategy. IBAG, the official and oldest agent of Western Union in Egypt since 1995, […]

StarkWare announces partnership with Chainlink Labs

StarkWare, One of the inventor of STARK-technology to make blockchain scalable for mass adoption, recently announced an upcoming partnership with Chainlink Labs, the team helping build the industry-standard Web3 services platform, to accelerate adoption of StarkNet and expand its development throughout its ecosystem. With this partnership, StarkWare will be officially joining the Chainlink SCALE program and making Chainlink […]

Silence Therapeutics onboards J.P. Gabriel as CTOO

Silence Therapeutics plc, (“Silence” or “the Company”), One of the experienced and innovative biotechnology company committed to transforming people’s lives by silencing diseases through precision engineered medicines, recently announced the appointment of J.P. Gabriel as Chief Technical Operations Officer (CTOO) following the retirement of Jørgen Wittendorff, SVP, Technical Operations. In this role, J.P. is responsible […]

Qosina announces appointment of Lee Pochter as Executive Vice President

Qosina Corp., a leading global supplier of OEM single-use components to the medical and biopharmaceutical industries, is pleased to announce the appointment of Lee Pochter as Executive Vice President. Pochter brings more than 20 years of expertise in product strategy, business development, sales, marketing and supply chain management in high-caliber organizations, and he has a […]

TONOMUS introduces a new “next billion” competition

TONOMUS — the cognitive multinational conglomerate and the first company to be established as a full-fledged subsidiary of NEOM — recently announces the launch of the second venture competition by its TONOMUS Venture Studio at LEAP23. Titled ‘The Next Billion’, the new initiative invites participants to consider the new technologies and innovation that an additional […]

Kingsley Gate Partners onboards Firoze Patel to head the Financial Services Practice

Firoze Patel, one of the India’s most respected executive search leaders, has joined Kingsley Gate Partners, a global executive search firm that is private-equity backed, tech-enabled, and rapidly expanding worldwide. Based in Dubai, he will head up the Financial Services Practice for the Middle East and Asia Pacific regions. “We are thrilled to have Firoze […]