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Al Masaood Power and Instagrid Partner to Bring First Portable, Emission-Free Battery System to the UAE The MoU was signed during GITEX 2025 in Dubai

 Abu Dhabi: Safarnews Al Masaood Power Division, part of a leading Abu Dhabi business conglomerate, Al Masaood Group, has officially signed a Memorandum of Understanding (MoU)  [HA1] [HA2] with Instagrid – a Global pioneer in portable battery systems – bringing to the UAE the first professional-grade, portable, emission-free battery system. The MoU,

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Phillips Machine Tools to Showcase Smart Metal Forming Solutions at FABEX Saudi Arabia 2025

 Phillips Machine Tools, one of the largest suppliers of state-of-the-art manufacturing equipment, today announced its participation in FABEX Saudi Arabia, taking place on 12-15 October 2025 at Riyadh International Exhibition Center, Saudi Arabia. The company will showcase its advanced solutions for the steel and metal industries, highlighting automation, precision, and

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Esterad Investment Company Launches Esterad Capital Limited, a New Asset Management Firm in DIFC to Expand its Regional Footprint

Esterad Investment Company (“Esterad”) today announced the official launch of Esterad Capital Limited (“Esterad Capital”), a newly established Category 3A asset management firm licensed by the Dubai Financial Services Authority (DFSA) and headquartered in the Dubai International Financial Centre (DIFC). The launch marks a strategic milestone in Esterad’s regional expansion

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PROVEN strengthens portfolio by consolidating subsidiaries under “PROVEN Solution”.

Hilel Baroud elevated as CEO of the new unified intelligent technology provider PROVEN Solution, a specialist provider of Artificial Intelligence (AI), Robotics, Virtual and Augmented Reality solutions, announced the consolidation of its sister companies – PROVEN Consult, PROVEN Robotics, PROVEN Reality, Sanad.ai and AEMACO under the “PROVEN Solution” brand. The

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Arcapita Launches Lintara Properties

Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, today announced the launch of Lintara Properties (“Lintara”), a dedicated real estate asset manager, developer, and investment advisor, operating in key regional markets, including Saudi Arabia, the United Arab Emirates, and Bahrain. Arcapita manages over USD 1 billion in industrial

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Alinma partners with KamelPay to transform payroll and boost financial inclusion in the Kingdom

KamelPay, a leading fintech company providing financial access to more than 350,000 employees across over 700 companies in GCC markets, announced its selection by Alinma Bank to sign a strategic Memorandum of Understanding. The partnership aims to deliver innovative payroll solutions, further strengthening both institutions’ positions as among the most

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