Nike downsizing workforce

Nike Announces Major Layoffs

Nike is initiating dramatic cost-saving measures with plans to lay off approximately 1,600 employees globally. The athleticwear giant aims to save $2 billion over the next three years through this workforce reduction targeting nearly 2% of its total employees. The job cuts have already started, impacting “multiple senior leaders across technology and marketing” (Vogue Business)….

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Enersol Energy Challenge

Enersol Energy Challenge – Bold new initiative targets startups with breakthrough technologies in energy services

Abu Dhabi, UAE – May 22, 2025 – C3, a B Corp™ certified impact platform that supports entrepreneurs across the region, today launched the Enersol Energy Challenge, a bold new entrepreneurship programme that will identify and support startups with high potential to transform the energy sector. The programme has been created by Enersol, the pioneering…

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Globally in FDI for Cultural and Creative Industries 2023

Dubai Ranks 1st Globally in FDI for Cultural & Creative Industries 2023

Dubai, United Arab Emirates, 6 June 2024: Press Release Dubai has topped the Foreign Direct Investment (FDI) Index for cultural and creative industries in 2023, according to the ‘fDi Markets’ report by the Financial Times. This ranking reaffirms Dubai’s leadership and enhances its competitiveness as a global capital of the creative economy. The emirate ranked first globally as…

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UAE's Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

UAE’s Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

For Emirates NBD, Mashreq, this adds to their growing presence in the fintech space    UAE banks Emirates NBD and Mashreq have takeons and the global loan market.” This is Emirates NBD’s first investment in a UAE-based fintech. Mashreq routed its NewBridge investment through NeoVentures.n stakes in NewBridge Fintech Solutions, which owns LoanBook specializing in syndicated…

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Marilyn Aziz won The Most Inspiring Healthcare Leader 2025 Award at Riyadh Summit

Marilyn Aziz, an Egyptian-Jordanian healthcare professional and soon-to-be Doctor of Physical Therapy, received the Most Inspiring Healthcare Leader award at the Impact Innovation Summit & Excellence Awards 2025 in Riyadh. Her win highlighted more than academic milestones. It was a celebration of her determination and a recognition of her work to make healthcare more inclusive….

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