Carrefour deploys CHEP’s pallet pooling system across all of its warehouses in the UAE Carrefour has partnered with GLS to replace cardboard storage with returnable plastic crates   Carrefour is upgrading its fleet of delivery vehicles, adopting more eco-friendly trucks to meet higher emission standards Transitioning into a circular economyContinue Reading

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A Distinguished Collaboration Between Fujairah-based Rumailah Farms and Al Bahar Hotel & Resort

FUJAIRAH, United Arab Emirates–(BUSINESS WIRE/AETOSWire)— Following the successful partnership between Rumailah Farms and Address Hotel + Resorts, the farm-fresh dairy product supplier, Rumailah Farms, has recently launched a promising partnership with a renowned premium luxury hotel located in Fujairah, Al Bahar Hotel & Resort on August 31. The General Manager ofContinue Reading

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Africa Finance Corporation Receives a US0M Loan From India Exim Bank to Spur Post-Covid Recovery

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)-– Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has received a US$100 million credit line from the Export-Import Bank of India (India Exim Bank) to develop the critical infrastructure required to rebuild Africa’s economies in the wake of the Covid-19 pandemic. Proceeds fromContinue Reading

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Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US Billion of Investments

CAIRO–(BUSINESS WIRE/AETOSWire) – Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member of the region’s leading infrastructure solutions provider, opening up a potential US$1billion of investments. “With the increasingContinue Reading

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Mental health report by EMPWR, WAMDA, and Microsoft for Startups reveals 55% founders rate ‘raising investment’ as the prime stress factor

EMPWR, an authority on mental health research in the region, acts as an exclusive mental health partner for WAMDA and Microsoft for startup’s report on the impact of pandemic on the wellbeing of regional entrepreneur EMPWR’s role involved guiding the direction for the survey, formulating the questions & enabling strategicContinue Reading

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Bank’s reach is tangible, its relevance is questioned, say experts at Finnovex ME 2021

DUBAI, UNITED ARAB EMIRATES: Subsidiarity of banking system and digitalization boost of banking sector is the need of the hour, say experts assembled at Finnovex Middle East 2021 in Dubai. Reach and relevance are the golden word that the industry must include in its constitution and follow for transformation of bankingContinue Reading

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Romain Afflelou, globally renowned techpreneur, partners with Gawah Holdings Inc to develop European Middle East innovation & capital bridge

PARIS–(BUSINESS WIRE/AETOSWire) – Romain Afflelou, a serial investor, a tech enthusiast and entrepreneur has today announced his alliance with Gawah Holdings, Inc., to develop and support a bridge of cross collaboration for investment and innovation between the Middle East and Europe. Afflelou is renowned globally for his numerous successful businessesContinue Reading

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Wipro Appoints Mohammed Areff as Country Head & Managing Director, Middle East

DUBAI, United Arab Emirates & BANGALORE, India–(BUSINESS WIRE/AETOSWire)— Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced the appointment of Mohammed Areff as the Country Head & Managing Director for the Middle East. Areff will focus on Wipro’s visionContinue Reading

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Ouster Expands Commercial Presence to Middle East

SAN FRANCISCO–(BUSINESS WIRE/AETOSWire)-– Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-resolution digital lidar sensors for the industrial, automotive, smart infrastructure, and robotics industries, announced today its plans for commercial expansion in the Middle East region. The Company has brought on a team based in DubaiContinue Reading

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LuLu Financial Holdings and NPCI International ink agreement to enable real-time remittances to India on the UPI Platform

Mumbai, india and Abu Dhabi, United Arab Emirates,   (AETOSWire) – LuLu Financial Holdings (LFH)- an Abu Dhabi-based holding company investing in financial services, has inked an agreement with NPCI International Payments Limited (NIPL)- a wholly-owned subsidiary of National Payments Corporation of India (NPCI), to offer real-time remittances to India. TheContinue Reading

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