MAGRABI Retail, the Middle East’s largest eyewear retailer, announces the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt. The transaction remains subject to customary regulatory approvals, including clearance from the Egyptian Competition Authority. Founded in 1979 by Mohamed Fathy
As the MENA region transitions from simple digital adoption to a complex, AI-driven ecosystem, the definition of a successful payment journey has changed. Checkout.com’s 2026 report, MENA Digital Commerce 2026: The New Era of AI in Payments, indicates that while the region is agentic-ready, the future of ecommerce depends largely on consumer trust in payments
According to the MIT State of AI in Business 2025 Report, only 5% of deployed AI pilots successfully scale and deliver measurable returns. The primary challenge lies not in ambition, but in the foundational capabilities required to deploy AI responsibly and at scale. As per Sharad Agarwal, CEO of Cyber Gear, “We have launched an
TruKKer, the Middle East’s leading digital freight network, announced the successful closing of an inaugural trade receivables securitisation facility of up to US$300 million. Abu Dhabi Commercial Bank PJSC (ADCB) acted as the Sole Arranger and Sole Lender for the bespoke facility, which is backed by portfolios of trade receivables across the company’s operating geographies.
In the run-up to some of the UAE’s major football fixtures this May, from the final stretch of the ADNOC Pro League season to the UAE President’s Cup Final — and ahead of the FIFA World Cup 2026 this summer, Yango Group’s bilingual AI assistant Yasmina is introducing a new feature that helps football fans
As global systems face increasing pressure from biological threats, operational disruption, and interconnected economic risk, resilience is emerging as one of the defining investment priorities of the next decade. Across healthcare, technology, and infrastructure, attention is shifting from reactive response towards long-term preparedness and system design. Arlend Gjoni, Co-Founder of Prepaire Labs, believes this convergence
For 100 years, General Motors has helped shape the roads, skylines and stories of the Middle East, with Chevrolet at the heart of that journey – carrying the region from desert tracks to modern highways. In the early days of the GCC, Chevrolet pickups became modern workhorses, taking on journeys that were once made by