Company News

IMAN Holdings Plans $100 Million Fundraise to Expand AI-Powered Islamic Banking Into the GCC

The company’s platform serves more than one million registered users and manages over $100 million in assets. Dubai, UAE, 23 June 2026, Massive Media: IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC …

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Tourist Spend in Saudi Arabia Reaches SAR82.7 Billion as Q1 Guest Numbers Grow to 37.2 Million – Cavendish Maxwell

Tourist spend in Saudi Arabia reached SAR82.7 billion in Q1 2026, with visitor numbers growing 8% year-on-year to 37.2 million during the quarter, says leading real estate advisory and hospitality sector consultancy, Cavendish Maxwell. Between January and March, the number of domestic tourists rose 16% to almost 29 million, accounting …

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HONOR Introduces HONOR Magic V6 and Launches HONOR Business at a Landmark Launch Event in Riyadh

HONOR, a global leading AI device ecosystem company, successfully hosted a landmark launch event at the Hilton Riyadh Hotel & Residences, unveiling its latest flagship foldable smartphone, the HONOR Magic V6, alongside the official introduction of its B2B division, HONOR Business. The event welcomed over 200 distinguished guests, including industry …

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HUAWEI MatePad Pro Max Sets a New Standard With a 3K Flexible OLED PaperMatte Display and Ultra‑Thin Design

The brand-new HUAWEI MatePad Pro Max, featuring an ultra-thin design, a 3K Flexible OLED PaperMatte Display, PC-level productivity suite, and a wide range of creative tools, started selling in the Kingdom of Saudi Arabia. Huawei’s latest 13-inch tablet is designed to provide consumers with a seamless mobile office experience in …

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Yango Group Named Among the Best Workplaces in Technology™ in the Middle East

Recognition follows a series of Great Place to Work® certifications across multiple markets, reflecting Yango Group’s commitment to building a people-first culture across its global operations. Yango Group, the global technology company headquartered in Dubai, has been named among the Best Workplaces in Technology™ Middle East 2026 by Great Place …

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Arabian Ethicals Achieves International ISO 31000:2018 Certification for Risk Management Excellence

Dubai, UAE, 22, June 2026 – Arabian Ethicals, a Ghobash Group enterprise, has successfully achieved the ISO 31000:2018 Risk Management Certification, marking a major milestone in the company’s ongoing commitment to governance excellence, structured risk oversight, and long-term sustainable growth. The ISO 31000:2018 standard is internationally recognized for providing comprehensive …

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The Minions Are Back, Bigger, Louder and More Monstrous Than Ever

Illumination’s most mischievous icons return in Minions & Monsters, an all-new animated adventure packed with mayhem, movie-star madness and monster-sized laughs, releasing regionally on 1 July 2026. Fresh off the worldwide blockbuster success of summer 2024’s funniest comedy, Despicable Me 4, Illumination expands its joyful animated universe with a riotous …

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ACCIONA Awarded Housekeeping Services Contract for Haramain High-Speed Railway

ACCIONA, through its Facility Service business, has been awarded a three-year contract to provide technical train cleaning and housekeeping services at key facilities of the Haramain High-Speed Railway (HHR), one of the most advanced transportation systems in the Kingdom of Saudi Arabia. Under the contract, ACCIONA will operate across several …

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Kerten Hospitality Expands Award-Winning Joontos Brand with Opening in Kuwait

Kerten Hospitality has announced the opening of Joontos at Ray Hotel by Cloud 7 in Mangaf, Kuwait, marking the next chapter in the growth of one of the Group’s most celebrated culinary concepts. Following the success of the original Joontos at Dar Tantora The House Hotel in AlUla, Saudi Arabia …

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Aramex Recognized as Most Sustainable Company in MENA Logistics & Supply Chain by World Finance

Recognition reflects Aramex’s continued commitment to smarter, more sustainable logistics through innovation, operational efficiency and responsible growth. Aramex, a leading global provider of comprehensive logistics and transportation solutions, has been recognized by World Finance as the “Most Sustainable Company, MENA Logistics & Supply Chain 2026,” reinforcing the company’s commitment to …

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