ALBAWABA - The head of the Iranian Revolutionary Guard (IRGC) intelligence, Majid Khandami, was killed as the war between Iran, the United States and Israel continues.Official Iranian media reported Monday that Khandami, the head of the Intelligence Organization of the Islamic Revolutionary Guard Corps (IRGC), was killed.Brigadier General Majid Khademi was appointed as the new head of the Intelligence Organization of the Iranian Revolutionary Guard in June 2025.
H.E. Waleed Saeed Al Awadhi, Chief Executive Officer of the UAE Capital Market Authority (CMA), has been reappointed as Chair of the Africa and Middle East Regional Committee (AMERC) of the International Organization of Securities Commissions (IOSCO) for the 2026–2028 term. AMERC, which H.E. Al Awadhi currently chairs, brings together 41 regulatory authorities (29 voting members and 12 associate non-voting members) across Africa and the Middle East and serves as a vital platform for re...
Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of a new service for its UAE-based Egyptian customers. For the first time, UAE-based customers of Egyptian nationality can open accounts with Mashreq Egypt instantly, fully remotely, and enjoy a single view of their accounts and transfer money in real time - all through the Mashreq UAE mobile app.
ALABWABA - Iran announced alternative shipping routes through the Strait of Hormuz, including a new map designed to help vessels avoid mines laid during the conflict with the United States and Israel.The Iranian Students' News Agency (ISNA) reported that the Islamic Revolutionary Guard Corps (IRGC) Navy published a map outlining alternative routes for ships in the Strait of Hormuz to help them avoid sea mines.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced that it mobilised and facilitated AED 20.3 billion in sustainable finance by the end of 2025, marking a strong year of execution and reinforcing its commitment to deploy AED 60 billion in sustainable finance by 2030.
The Abu Dhabi Securities Exchange (ADX) Group and its listed companies are heading to Hong Kong for its annual Global Investor Outreach on 14 to 16 April, presenting Abu Dhabi’s resilient growth story and the breadth of investment opportunities available through the ADX. This roadshow will be held on the sidelines of the HSBC Global Investment Summit 2026.
Veeam® Software, the Data and AI Trust Company, today announced a series of leadership promotions and appointments across its EMEA East region, reinforcing its commitment to customer success, regional growth and technical excellence. These appointments reflect Veeam’s continued investment in experienced leadership to support partners and customers across the Middle East, Eastern Europe and Africa.New Leadership Appointments• Sales
Messe Frankfurt Saudi Arabia, organiser of Automechanika Riyadh, Saudi Arabia’s leading regional automotive aftermarket trade event, has announced the postponement of the upcoming edition. Originally scheduled to take place from 4-6 May 2026, the event will now focus on its return to the Kingdom in 2027.
At a time when the definition of luxury is undergoing a profound transformation, Shaza Hotels is emerging as a brand that goes beyond conventional hospitality – placing cultural authenticity, emotional connection and purposeful experiences at the heart of its philosophy.
ALBAWABA- Turkish President Recep Tayyip Erdogan showcased the Typhoon Block 4 ballistic missile, with a range exceeding 1,500 kilometers, as Turkey inaugurated one of Europe’s largest warhead production facilities, underscoring Ankara’s accelerating push for defense self-sufficiency amid rising Middle East tensions.
Lenovo announced new enhancements to its global channel framework, Lenovo 360, building on the success of its channel-centric model to further simplify and accelerate partner growth.Lenovo 360 has become the foundation for how Lenovo enables, connects with, and grows alongside its global partner ecosystem. These latest updates reflect Lenovo’s continued commitment to evolving the partner experience and creating more intuitive, scalable paths to growth.
The Ministry of Finance has named SAP as one of the pre-approved eInvoicing service providers under the country’s new electronic invoicing framework, becoming the first enterprise resource planning (ERP) provider to be included on the Ministry’s pre-approved list.The recognition positions SAP to support organizations preparing for the UAE’s transition to structured electronic invoicing, which will begin with a pilot program and voluntary adoption stage starting in July 2026, followed b...
KraneShares, today announced the listing of two exchange-traded funds (ETFs) – the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) and the KraneShares Wahed Alternative Income Index ETF (Ticker: KWIN) – on the Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Arab region by market capitalisation.KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX)
ALBAWABA - At least seven people were killed, and many others were injured in an Israeli strike on Abbassiyah area in south Lebanon’s Tyre district, NNA reported Thursday.Lebanese Prime Minister Nawaf Salam declared a national day of mourning after deadly Israeli strikes on Wednesday. In a statement, the PM's office revealed Thursday will be 'a national day of mourning for the martyrs and wounded of the Israeli attacks that targeted hundreds of innocent, defenceless civilians.'
Azizi Developments, a leading private developer in the UAE, was honored to be part of the momentous debut of Inanna Reborn, the luxury heritage and cultural movement founded by Her Highness Sheikha Bodour bint Sultan Al Qasimi, daughter of His Highness Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.Inanna Reborn made its debut through an immersive cultural gathering held at Mleiha, a UNESCO World Heritage Site in Sharjah - a setting that served as a p...