Decypha

Decypha is a top-notch business intelligence platform that offers valuable insights and extensive access to the markets in the Middle East and North Africa. It is designed to be user-friendly, making it easier for KYC analysts, risk managers, financial advisors, investment bankers, consultants, researchers, and business development professionals to enhance their workflow and make informed decisions.

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Global

#658248

Saudi Arabia

#31706

Finance/Finance

#250

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Emirates makes Middle East debut via new aircraft

Jan 16, 2025 | decypha.com | Job Title

UAE – Mubasher: Emirates, one of the UAE’s two flag carriers, introduced the new Emirates A350 aircraft for the first time in the Middle East after landing in Kuwait on 8 January 2025. Kuwait also marked the second Emirates destination globally to be served by the new aircraft, according to a press release. The Emirates A350 operates daily on the Kuwait-Dubai route, featuring 312 seats across three cabins comprising 32 in Business Class, 21 in Premium Economy, and 259 in Economy.
Mineral wealth security needed to drive global energy transition - Alkhorayef at FMF 2025

Jan 16, 2025 | decypha.com | Job Title

Riyadh – Mubasher: Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, urged securing supply chains for critical minerals across the region spanning Africa to West and Central Asia to boost global energy transition. During his speech at the fourth edition of the Future Mining Forum in Riyadh, Alkhorayef highlighted the disparity between this region's mineral wealth and its limited contribution to global markets.
Badawi unveils Egypt’s plans to reshape gold mining sector during FMF 2025

Jan 16, 2025 | decypha.com | Job Title

Cairo – Mubasher: Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi stressed the state’s commitment to explore the potential of gold mining, according to an official statement. On the sidelines of the fourth edition of the Future Minerals Forum (FMF) in Riyadh, Badawi and Mark Bristow, President and CEO at Barrick Gold Corporation, discussed enhancing investment and partnership between the two sides.
Dubai’s LivLyt Enhances IT Solutions with ZenAdmin Collaboration

Jan 16, 2025 | decypha.com | Job Title

Dubai – Sharikat Mubasher: Dubai-based LivLyt announced that it has officially joined ZenAdmin, a leading all-in-one IT Management platform for global teams. This strategic acquisition marks the expansion of ZenAdmin into the Middle East, introducing its Global IT procurement, Device leasing, SaaS management, and IT support solutions to fast-growing SMEs and start-ups in the region, as per the announcement on Linkedin.
Mekyal, Atlantis Blu Mining GmbH announce $1.4bn fund at FMF 2025

Jan 16, 2025 | decypha.com | Job Title

Riyadh – Mubasher: Mekyal and Marine Mining Company signed a memorandum of understanding (MoU) with Atlantis Blu Mining GmbH to create a $1.44 billion fund to support deep-sea mineral exploration projects. The announcement was made on the sidelines of the fourth edition of the Future Minerals Forum (FMF), which concluded its activities in Riyadh on 16 January.
Wizz Air Abu Dhabi registers growth in airline operations during 2024

Jan 16, 2025 | decypha.com | Job Title

UAE – Mubasher: Wizz Air Abu Dhabi, a joint venture (JV) established between ADQ and Wizz Air Holdings PLC, posted a 20% rise year-on-year (YoY) in seat capacity and the number of passengers carried. The airline registered 19,000 flights at a completion rate of 99.80% in 2024, unlocking more than 4.40 million ultra-low-seats, and carrying more than 3.50 million point-to-point passengers, according to a press release.
Nama Financing secures SAMA license to advance financial innovation in Kingdom

Jan 16, 2025 | decypha.com | Job Title

Riyadh – Sharikat Mubasher: The Saudi Central Bank (SAMA) announced granting a license to "Nama United Financing" company, expanding its scope to offer a wide range of financial services, including real estate financing, production asset financing, small and medium enterprise (SME) financing, finance leasing, and consumer financing.
El Shahawy: SMRC aims to double gold production capacity

Jan 16, 2025 | decypha.com | Job Title

Riyadh - Exclusive Sharikat Mubasher: Shalateen Mineral Resources Company (SMRC), an Egyptian joint stock company specializing in gold exploration and production, plans to double its production capacity and reserves within the upcoming period, Chairman Sherif El Shahawy stated in an interview with Sharikat Mubasher.
Industry Ministry unveils FMF Young Mining Professionals Program

Jan 16, 2025 | decypha.com | Job Title

Riyadh - Sharikat Mubasher: The Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef announced the launch of the FMF Young Mining Professionals Program during the fourth edition of the Future Mineral Forum (FMF). The Young Mining Professionals Program aims to inspire and empower the next generation of leaders in the mining industry, serving as a gateway to developing professional pathways, and contributing to shaping the future of this promising sector.
Uktob.ai rebrands to Teammates.ai following successful funding round

Jan 16, 2025 | decypha.com | Job Title

Dubai – Sharikat Mubasher: Teammates.ai, formerly Uktob.ai, launched a groundbreaking platform that redefines business operations by leveraging Autonomous AI Teammates. Following a successful funding round, the rebranded platform introduces enterprise-grade AI solutions designed to take on entire job functions, according to a press release.