NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. The partnership will focus on providing logistics services for NEOM in the coming years. Under the agreement, the joint venture will provide end-to-end supply chain management, development and investments in
NEOM has today announced the inauguration of its strategic investment arm, the NEOM Investment Fund (NIF), NEOM’s wholly owned subsidiary which is set up to support the buildout and development of NEOM’s 14 priority sectors and deliver long-term value while enabling creation of jobs in NEOM. NIF will invest globally through Mergers & Acquisitions and
Deel, a global HR platform driving the evolution of remote work has unveiled new research revealing the UAE is the frontrunner regarding employee cryptocurrency withdrawals within the GCC. The new findings are in line with the UAE’s forward-looking approach to embracing innovation in the financial sector and creating regulatory frameworks that enable users to embrace
Bitcoin, the world’s first and most well-known cryptocurrency, has captured the attention of investors and enthusiasts worldwide. One of the key events that significantly impacts the Bitcoin ecosystem is the halving, which cuts the rate at which new Bitcoins are generated in half. With the next Bitcoin halving scheduled for 2024, investors are eagerly anticipating
Gulf Capital, a leading operationally focused private equity firm investing from the GCC to Asia, announced today the successful completion of its exit from iSONXperiences (“iSON”), a leading tech-enabled emerging markets customer experience and delivery partner that offers Business Process Outsourcing (BPO) services across India and Africa. Gulf Capital and AfricInvesthad invested around US$50 million
Maintaining its leading position in the local, regional, and global hospitality industry, Banana Island Resort Doha, the premier destination for luxury holidays in Qatar, added a new milestone to its previous accomplishments by winning three prestigious international awards at the World Travel Awards recently. These awards come as global recognition of the outstanding performance of
The Years of Culture initiative, an annual bilateral cultural exchange program, announced a partnership with the Ministry of Education, Culture, Research and Technology of the Republic of Indonesia to preserve and promote the historical and cultural legacy of the Spice Route by nominating it to UNESCO’s list of World Heritage Sites. The partners anticipate gathering
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