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30-10-2014 23:52:00 | by: Administrator | hits: 26605374 | Tags:

Technip Energies partners with NPCC to advance energy transition in the UAE and MENA region
22-09-2021 | 08:57:07
Technip Energies and National Petroleum Construction Company, NPCC, a subsidiary of National Marine Dredging company, have signed an MoU to advance energy transition in the UAE and countries in the MENA region.
APICORP unveils ESG policy framework to support energy transition in the MENA region
16-09-2021 | 11:43:00
The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development bank, unveiled its new ESG policy framework to support energy transition in its member countries and beyond.
Recruitment technology firm Bloovo expands into Egypt and the US
15-09-2021 | 10:50:03
Bloovo, the recruitment technology company specializing in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products
Saxo Bank appoints Damian Hitchen CEO of MENA region
13-09-2021 | 07:06:35
 Saxo Bank, the online trading and investment specialist that connects people to investment opportunities in global capital markets, has appointed Damian Hitchen as new CEO of the MENA region. He will report directly to Chief Sales Officer Stig Christensen.  
Vertiv signs distribution agreement with Ingram Micro to cover the MENA distribution markets
31-08-2021 | 09:40:00
Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced a distribution agreement with Ingram Micro, the global technology and supply chain services leader, to cover the MENA distribution markets.
Sungrow supplies the largest solar-plus-storage solution for Northern Africa mining site
31-08-2021 | 08:50:09
The project will be the largest solar-plus-storage plant located at a mine site, significantly facilitating the energy transition for minerals in the MENA region.
Bank ABC closes acquisition of 99.5% stake in BLOM Bank Egypt
17-08-2021 | 11:12:00
The Arab Banking Corporation (Bank ABC), announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt, significantly enhancing Bank ABC’s presence in the MENA region, and deepening its roots in the Egyptian market.
Saloodo! launches with BeduConnect, a road freight service between Middle East and Africa
15-07-2021 | 15:18:00
Saloodo! announced the launch of BeduConnect, a road freight service between Middle East and Africa. Saloodo! is the first digital marketplace to offer road freight connection between the Arabian Peninsula and North Africa.
Investors back Omnisient in $ 1.4 million raise to fuel Africa, MENA and global expansion
13-07-2021 | 13:44:56
Omnisient, a secure data exchange and collaboration platform which enables companies to improve data-driven decision-making, has secured $1.4 million in a pre-Series A round.
Sebastian Smith named Regional General Manager of Octagon Middle East and North Africa
25-06-2021 | 09:10:00
Octagon, the marketing, creative and talent management agency in global sports and entertainment, in partnership with IPG's Middle East Communications Network, named Sebastian Smith as Regional General Manager, Octagon Middle East and North Africa.
Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
16-06-2021 | 13:08:00
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.
Uber appoints Saad Pall as new General Manager for Middle East and North Africa
02-06-2021 | 08:21:00
Saad will lead the next phase of growth for Uber’s ride-sharing business across the region, bringing 15 years of strategy & marketing experience from the U.S., Singapore and Pakistan.
Siemens Energy, partners inaugurate first industrial scale Green Hydrogen Project in the MENA region
25-05-2021 | 11:32:00
Siemens Energy, in collaboration with Dubai Electricity and Water Authority (DEWA), and Expo 2020 Dubai, has inaugurated the first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa (MENA), region.
[Nigeria] ADM Energy completes sale of shares in Superdielectrics
20-05-2021 | 08:41:00
ADM Energy PLC has announced that it has completed the sale of 188,778 shares in Superdielectrics Ltd for a total consideration of £849,501, a profit of £656,003.55 on ADM's original investment.
[Column[Sammar Essmat: How COVID-19 is pushing MENA companies to embrace flex work
17-05-2021 | 14:37:09
Women in the MENA region have long found it difficult to balance the demands of home, family, and work a major reason why only a quarter of Egyptian women work outside the home.
Nokia partners with UN Women to promote inclusion and diversity in Africa and Middle East
06-05-2021 | 12:10:00
The current collaboration follows a Memorandum of Understanding signed recently by Nokia and UN Women, the United Nations entity for gender equality and women’s empowerment, which will guide the global partnership.
Hikma, Melinta Therapeutics sign agreement for two novel anti-infectives for the MENA region
06-05-2021 | 07:34:00
Hikma Pharmaceutical and Melinta Therapeutics entered into an exclusive licensing agreement for Vabomere® (meropenem and vaborbactam) and Orbactiv® (oritavancin), two novel anti-infective injectable products, for the MENA region.
MENA energy investments to exceed $805b over next five years, APICORP
04-05-2021 | 16:31:00
The Arab Petroleum Investments Corporation (APICORP), estimates in its MENA Energy Investment Outlook 2021-2025, that overall planned and committed investments in the MENA region will exceed $805 billion over the next five years.
SDX Energy commences drilling operations in Morocco
04-05-2021 | 08:22:52
SDX Energy, the MENA-focused energy company, announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year.
PayTabs partners with Visa to launch Tap to Phone payment solution in MENA
22-04-2021 | 11:00:52
Tap to Phone aims to make traditional expensive location centric devices like physical POS devices and terminals, obsolete.
Law firm Al Tamimi & Company grows MENA footprint with new office in Egypt
08-04-2021 | 18:38:51
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
S&P Dow Jones Indices launches first SPIVA Scorecard for the MENA region
07-04-2021 | 09:00:34
S&P Dow Jones Indices, world's index provider, announced the inaugural publication of the S&P Indices Versus Active Funds (SPIVA®) Scorecard, measuring the performance of equity funds domiciled in the Middle East and North Africa (MENA).
MENA economies face rapid accumulation of public debt, strong institutions will be key to recovery, World Bank
06-04-2021 | 10:52:00
The COVID-19 pandemic exacerbated long-standing development challenges in the Middle East and North Africa (MENA) region, contributing to a rise in poverty, a deterioration of public finances, an increase in debt vulnerabilities.
Wego launches ShopCash, an online shopping cashback rewards app for the MENA Market
10-03-2021 | 14:12:00
Wego, the online travel marketplace across the MENA region, announced the launch of ShopCash, an online shopping cashback and deal discovery app for Middle East consumers.
[Egypt] SDX Energy extends West Gharib PSA for ten years to 2031
05-03-2021 | 13:47:12
SDX Energy announced it has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.
Teleporter mobile app 360VUZ joins first "Google for Startups Accelerator" in the MENA region
23-02-2021 | 08:58:49
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"
Bahwan CyberTek and Lightbend partner to accelerate cloud native modernization in Middle East and North Africa
16-02-2021 | 07:46:17
Bahwan CyberTek (BCT), a worldwide provider of digital transformation solutions,has announced the expansion of its global partnership with Lightbend, the creator of Akka Platform and leader in cloud native architecture.
180 expands global footprint with launch of New York and MENA hubs
19-01-2021 | 09:28:00
Amsterdam and Los Angeles-based creative agency 180 announced a significant expansion and evolution of its business model, with the opening two new offices, 180 New York and 180 MENA (Middle East North Africa).
Zenith Energy announces cooperation agreement for new acquisitions in MENA region
11-01-2021 | 09:52:56
Zenith Energy announced it has entered into a cooperation agreement (CA) with Fleet Oil & Gas, a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer.
Shuaa Capital invests in MENA technology streaming service Anghami
08-01-2021 | 15:02:21
Asset management and investment banking platform Shuaa Capital has announced that its managed funds platform has invested in Anghami, a music streaming service in the Middle East and North Africa.
DFC announces initiatives to expand U.S. investment and development in Morocco
23-12-2020 | 09:58:00
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
Citi appoints Elissar Farah Antonios to run its MENA operations
10-12-2020 | 14:09:05
Citi has appointed Elissar Farah Antonios as Head of the MENA Cluster. As MENA Cluster Head, Elissar will assume overall responsibility for driving Citi's business in the MENA region.
Codebase unveils Digibanc SaaS to fast track digital banking adoption in MENA and across Africa
03-12-2020 | 06:48:00
Codebase Technologies, the digital banking solutions provider, announced the launch of its Digital Banking as a Service platform, Digibanc SaaS, to create access for more banks and customers to move into the digital age of banking.
Community app Malaeb joins MENA's sportstech accelerator, Vooora
01-12-2020 | 07:15:00
Vooora Ventures, the first sportstech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.
Eutelsat’s survey confirms 7/8° West neighborhood as predominant broadcast position for Egyptian TV homes
23-11-2020 | 06:49:00
Eutelsat Communications revealed the findings of a new Egyptian television market survey, confirming its 7/8° West hotspot as the most powerful neighborhood for satellite television for the country.
Eutelsat launches enhanced electronic program guide for free-to-air channels
03-11-2020 | 14:23:58
Eutelsat Communications has successfully launched Sat.tv, its enhanced Electronic Program Guide for FTA channels.
MENA healthtech startup Vezeeta expands into Kenya
02-11-2020 | 14:40:00
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.
Elevar Therapeutics, Taiba partner to commercialize Apealea in the MENA region
07-10-2020 | 14:41:00
Elevar Therapeutics has entered into an agreement with taiba Middle East, under which taiba will commercialize and distribute Apealea in certain countries throughout the Middle East and North African (MENA) region.
Egypt set to issue first sovereign green bonds in MENA region
30-09-2020 | 09:37:41
In an attempt to diversify its debt portfolio, Egypt Finance Ministry is getting ready to issue the country's first sovereign green bonds in the Middle East and North Africa (MENA) region.
CTI Clinical Trial and Consulting Services acquires MENA-based Clinart
23-09-2020 | 09:21:00
CTI Clinical Trial and Consulting Services (CTI) has announced the acquisition of Clinart, a full-service CRO with nearly 20 years of experience and strong local expertise in the (MENA) region.
Delivery Hero, Mastercard partnership targets 20 million MENA customers with digitized payment service
01-09-2020 | 11:17:00
Delivery Hero SE, the world’s local delivery platform, has partnered with Mastercard to fully digitize its payment chain within its ecosystem across all their brands in the Middle East and North Africa (MENA).
Women Entrepreneurs Finance Initiative invests in over 15,000 women-led businesses
21-08-2020 | 08:14:00
The Women Entrepreneurs Finance Initiative (We-Fi) announced its third funding allocation comprising $49.3 million, expected to benefit over 15,000 women-led businesses.
CDC Group establishes permanent presence in Egypt with appointment of new Coverage Director
12-08-2020 | 16:08:00
CDC Group, the UK’s impact investor and development finance institution has established its permanent presence in Egypt with the appointment of Sherine Shohdy as its new Coverage Director.
World Bank extends support to MENA region amid dual economic shocks
21-07-2020 | 11:31:00
The World Bank responded to dual economic shocks caused by the COVID-19 pandemic and the subsequent collapse in oil prices with strong lending, technical assistance and global expertise throughout the Middle East and North Africa.
COVID-19 poses formidable threat for fragile states in Middle East, North Africa, IMF
15-05-2020 | 11:39:00
COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations, such as Afghanistan, Djibouti, Iraq, Lebanon, Sudan, and Somalia.
Vendekin Technologies and Marshal expand virtual commerce in MENA
08-05-2020 | 18:06:00
Vendekin Technologies and Marshal have entered into a partnership to expand the 'V-Commerce' ecosystem in Middle East and Africa.
MEA banks predict cashless society by 2025
06-05-2020 | 07:11:00
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos , the banking software company.
IFC invests in private equity fund to boost growth in MENA amid economic disruption
14-04-2020 | 15:05:00
IFC is investing up to $20 million into a newly independent, institutionalized private equity fund manager operating in MENA, to help small and mid-cap companies in the region improve their access to institutional capital and boost growth.
Vembu announces partnership with MBUZZ technologies in Middle East and North Africa
11-03-2020 | 10:50:00
Vembu, a backup and disaster recovery solution vendor, has announced a partnership with MBUZZ technologies, a Value-Added Reseller in the Middle East, Africa, and Europe region.
IFC launches MENA Women Banking Champions program to support female entrepreneurs
06-03-2020 | 07:01:00
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
Payfort and valU unveil “Buy Now, Pay Monthly” option targeting Egyptian consumers
25-02-2020 | 13:56:00
Payfort has partnered with MENA’s Fintech innovation of the year, valU for installment sales services, to offer payment plans to a wide group of renowned ecommerce stores.
IFC invests $125 million to fund construction of hospitals and clinics in Egypt and Morocco
18-02-2020 | 13:00:00
IFC is the lead arranger for an Islamic financing package of up to $125 million to Humania, a private healthcare company, to help expand health services and improve medical care in Morocco and Egypt.
IFC helps Egypt's microfinance company build capacity, boost outreach
14-02-2020 | 14:27:00
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.
IFC, Netherlands launch private sector development program in the MENA region
10-02-2020 | 15:48:00
IFC and the government of the Netherlands launched a pioneering multi-sector program in Jordan and the Middle East and North Africa to help create a stronger private sector, unlock new markets, support entrepreneurship, and create jobs.
Leaving no place behind within the MENA is critical for economic growth, social inclusion, World Bank
10-02-2020 | 07:18:00
Where someone is born in the Middle East and North Africa (MENA) should not determine their ability to succeed in life, according to a new World Bank report.
Jetex inaugurates North Africa's first VIP terminal in Marrakech
05-02-2020 | 13:42:00
Jetex has announced the opening of its latest VIP Terminal at Marrakech Menara Airport, introducing a new world-class facility in the Moroccan market.
World Bank, partners launch initiative to expand A2F for MSMEs, drive growth, jobs in MENA
28-01-2020 | 14:28:00
The World Bank in partnership with the Netherlands, the United Kingdom, Sweden, and Switzerland, is launching a new, expanded phase of an advisory program to help improve access to finance MSMEs across the MENA region.
Millions of children in the MENA region missing out on education, UNESCO, WFP
28-01-2020 | 07:57:00
The UNESCO Regional Office for Education in the Arab States and the United Nations World Food Programme have said that protracted crises in the MENA region have put 15 million children out of school.