Arabian Peninsula

Miami International Holdings Completes Equity Investment in MidChains' Parent Holding Company

Wednesday, July 8, 2020 - 2:33pm

Miami International Holdings, Inc. (MIH) is the parent holding company of Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX PEARL) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges.

Key Points: 
  • Miami International Holdings, Inc. (MIH) is the parent holding company of Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX PEARL) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges.
  • The MIAX Exchange Group's executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL.
  • Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi.
  • The Abu Dhabi Investment Office (ADIO) is the central government hub supporting private sector investment in the Emirate of Abu Dhabi.

Miami International Holdings Completes Equity Investment in MidChains' Parent Holding Company

Wednesday, July 8, 2020 - 2:14pm

Miami International Holdings, Inc. (MIH) is the parent holding company of Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX PEARL) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges.

Key Points: 
  • Miami International Holdings, Inc. (MIH) is the parent holding company of Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX PEARL) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges.
  • The MIAX Exchange Group's executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL.
  • Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi.
  • The Abu Dhabi Investment Office (ADIO) is the central government hub supporting private sector investment in the Emirate of Abu Dhabi.

SynProNize Launches Distribution, Production & Monetization Company from Dubai UAE

Wednesday, July 8, 2020 - 1:32pm

The company also announced that former senior executive from Disney APAC, Raju Venkataraman will join the company as a Board advisor.

Key Points: 
  • The company also announced that former senior executive from Disney APAC, Raju Venkataraman will join the company as a Board advisor.
  • Venkataraman is a commercially astute leader, with a successful track record in strategy, commercial & financial leadership, in Media & Entertainment businesses across the Asia-Pacific.
  • Launched in 2020, and based in Dubai (UAE), this creative film and television production and distribution agency is partnering with the best digital platforms and linear broadcasters in South Asia, Africa and the Middle-East.
  • Led by experienced media industry professionals with a successful track record of partnering with content producers and rights owners, SynProNize aims to demonstrate what the next generation distribution and production company can become.

DMCC to Attract New Wave of Innovation to Dubai Through Agreement with China's Innoway

Wednesday, July 1, 2020 - 2:10pm

Dubai is transforming into the innovation hub of the Middle East, as the city continues to attract tech start-ups and entrepreneurs from around the world.

Key Points: 
  • Dubai is transforming into the innovation hub of the Middle East, as the city continues to attract tech start-ups and entrepreneurs from around the world.
  • "Dubai has an ambitious innovation agenda, which is driven by government and accelerated by the private sector.
  • This is just one of the reasons why DMCC is delighted to sign this agreement with Innoway an organisation that has an equally impressive innovation story," said Feryal Ahmadi, Chief Operating Officer, DMCC.
  • This announcement builds on the comprehensive strategy of DMCC to attract innovative companies to Dubai, and contribute to the nation's wider economic diversification strategy.

CMRC Saudi Arabia, a State-of-the-art Rehabilitative Hospital in the Eastern Province of Kingdom of Saudi Arabia, is Fully Operational

Thursday, June 25, 2020 - 12:00pm

CMRC is the market leader in introducing global, world-class rehabilitation services to the UAE guided by their experience for enhancing the patient's journey defined as 'Continuum of Care'.

Key Points: 
  • CMRC is the market leader in introducing global, world-class rehabilitation services to the UAE guided by their experience for enhancing the patient's journey defined as 'Continuum of Care'.
  • Such a vision established success results that positively impacted the quality of life for more than 1000 in-patients.
  • With tireless efforts, the clinical and management team for CMRC Saudi Arabia will follow the same clinical procedures and protocols successfully implemented in facilities in the UAE.
  • Such accomplishments set CMRC Saudi Arabia in a remarkable position among the healthcare sector in the Eastern Region of the Kingdom, which grants the opportunity for CMRC to fill the void of rehabilitation care in the Eastern Province.

Commercial Bank Dubai and Thunes partner to offer real-time international remittances

Wednesday, June 24, 2020 - 7:01am

Through this partnership with Thunes, Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan and Bangladesh providing customers with real-time remittance to bank accounts, mobile wallets and cash pick-up services at various locations.

Key Points: 
  • Through this partnership with Thunes, Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan and Bangladesh providing customers with real-time remittance to bank accounts, mobile wallets and cash pick-up services at various locations.
  • The service will be launched with remittances to bank accounts whilst remittances to cash-pick up locations and mobile wallets will be added shortly.
  • "We are glad to partner with Commercial Bank of Dubai and join them on their innovative path to become a digital-first bank in UAE.
  • Commercial Bank of Dubai was established in 1969 and is registered as a Public Shareholding Company (PSC).

Commercial Bank Dubai and Thunes partner to offer real-time international remittances

Wednesday, June 24, 2020 - 7:00am

Through this partnership with Thunes, Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan and Bangladesh providing customers with real-time remittance to bank accounts, mobile wallets and cash pick-up services at various locations.

Key Points: 
  • Through this partnership with Thunes, Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan and Bangladesh providing customers with real-time remittance to bank accounts, mobile wallets and cash pick-up services at various locations.
  • The service will be launched with remittances to bank accounts whilst remittances to cash-pick up locations and mobile wallets will be added shortly.
  • "We are glad to partner with Commercial Bank of Dubai and join them on their innovative path to become a digital-first bank in UAE.
  • Commercial Bank of Dubai was established in 1969 and is registered as a Public Shareholding Company (PSC).

The Data Center Construction Market in Middle East & Africa, 2020-2025 - Data-driven Insights on the Impact of COVID-19 - ResearchAndMarkets.com

Tuesday, June 23, 2020 - 3:51pm

The "Data Center Construction Market in Middle East Africa - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Data Center Construction Market in Middle East Africa - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • The study considers the present scenario of the data center construction market in Middle East Africa and its market dynamics for the period 2019-2025.
  • The data center market in Saudi Arabia has the presence of both local and global data center contractors.
  • Amazon Web Services' data center in Bahrain is one of the major contributors to the Middle East Tier IV market.

Excelerate Key Sponsor of HOPE Foundation's Corona Virus Response Center in Cox's Bazar, Bangladesh

Tuesday, June 16, 2020 - 8:32am

The donation will help fund the HOPE Isolation and Treatment Center, which is expected to open in late June.

Key Points: 
  • The donation will help fund the HOPE Isolation and Treatment Center, which is expected to open in late June.
  • Theproject has also received donations from other key co-sponsors, including World Bank, Islamic Development Bank, and Direct Relief USA.
  • "We are honored to support the people in Bangladesh during these unprecedented times," stated Excelerate's Managing Director Steven Kobos.
  • Excelerate has offices in Abu Dhabi, Buenos Aires, Chittagong, Dhaka, Doha, Dubai, Rio de Janeiro, Salem, Singapore, and Washington, DC.

Qatar Construction Market-Growth, Trends, and Forecast (2020 - 2025)

Tuesday, June 9, 2020 - 8:30pm

- The country's construction industry is expected to benefit from investments made in preparation for the 2022 FIFA World Cup and Qatar National Vision 2030.

Key Points: 
  • - The country's construction industry is expected to benefit from investments made in preparation for the 2022 FIFA World Cup and Qatar National Vision 2030.
  • - The construction sector will be primarily driven by public investment into the country's transport and commercial construction sectors.
  • - Despite potential headwinds stemming from the decline in regional political relations, the outlook for Qatar's construction market will remain bright in the forecasted period.
  • - There are numerous large-scale infrastructure projects underway in preparation of the FIFA 2022 World Cup in Qatar.