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UAE medical device market to reach AED5.6b by 2025

DUBAI / WAM Fitch Solutions, the content partners of Arab Health 2021, estimated that the UAE’s medical device market will reach AED5.6 billion by 2025, with an annual compound growth rate (CAGR) of 4.4 percent from 2020-2025. According to the Q2 2021 Fitch Solutions United Arab Emirates Medical Device report, the market will benefit from an overall strong economic performance ...

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Shuaa to launch digital wealth platform to expand client base

Abu Dhabi / WAM Shuaa Capital, the leading asset management and investment banking platform in region, on Monday announced its intention to launch a new Digital Wealth Platform to serve existing clients as well as next generation of investors. The company appointed ex-Visa and Google alumnus, Hadi Raad, in the newly created role of Chief Digital Officer. Shuaa’s new fintech ...

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Mashreq deploys digital payments platform at Sewa

DUBAI / WAM Mashreq Bank announced the completion of a major digital transformation programme for the Sharjah Electricity Water and Gas Authority (Sewa), delivering a fully secured, encrypted and automated customer deposit refund platform that forms part of Sewa’s comprehensive digitisation strategy. The new digital platform removes the need for customers to wait for the issuance of manual cheques to ...

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