
Seed Group partners with B2B travel platform Tumodo to advance UAE business travel management
Companies in real estate, renewable energy, private debt and pre-IPO stocks are said to be among the leading ones which are eyeing raising billions through crypto token launches to fund their projects
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
3 hours ago
- Zawya
Al-Bostany Real Estate Development launches construction of Nova Square in New Cairo, spanning 9,124 sqm
Al-Bostany Real Estate Development has announced the commencement of excavation and construction works for its latest project, Nova Square, located in the heart of the New Narges district in New Cairo. The project is part of the company's expansion strategy to strengthen its presence in the mixed-use real estate sector across New Cairo. Eng. Mohamed Al-Bostany, Chairman of Al-Bostany Real Estate Development, stated that Nova Square spans 9,124 square meters and is set to become one of the most prominent commercial, administrative, and medical destinations in the area. The project enjoys a prime strategic location directly on Gamal Abdel Nasser Axis, adjacent to a main street, and in close proximity to key roads such as Talaat Harb and Mohamed Naguib. It also benefits from its nearness to the German University in Cairo (GUC), international schools, and elite residential communities — all of which add to its high investment appeal and consistent traffic flow. He added that the project comprises a ground floor and a first floor designated for commercial activities, while the upper levels are dedicated to medical units designed to accommodate clinics and healthcare centers with precision and modernity. Nova Square also offers flexible administrative spaces suitable for a variety of companies and entrepreneurs. The architectural design was crafted by the office of renowned consultant Eng. Hussein Sabbour, delivering a contemporary and elegant layout that merges aesthetic appeal with functional efficiency, in line with the latest global standards. Al-Bostany emphasized that Nova Square aims to offer a fully integrated investment experience for entrepreneurs and investors seeking a prestigious, easily accessible location that combines luxury with a vibrant business environment and cutting-edge facilities. He further explained that this project continues Al-Bostany's 40-year legacy in the real estate development sector, during which the company has established itself as a leading provider of high-quality projects in New Cairo and Maadi. The Chairman concluded by affirming that Nova Square will contribute to revitalizing the commercial and administrative activity in the area, creating a new hub for investors eager to seize promising opportunities in strategic locations supported by robust infrastructure and rapid urban development.


Zawya
3 hours ago
- Zawya
Ajman Department of Land and Real Estate Regulation and Ajman Bank sign strategic MoU to enhance financial integration
Ajman, UAE – The Ajman Department of Land and Real Estate Regulation has signed a Memorandum of Understanding (MoU) with Ajman Bank, marking a new chapter of collaboration aimed at advancing financial integration and enhancing banking services through innovative and digital-first solutions. The agreement was signed by H.E. Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, and H.E. Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank. Commenting on the signing, H.E. Eng. Omar bin Omair Al Muhairi stated: 'This strategic partnership with Ajman Bank reflects our commitment to advancing the department's digital capabilities and streamlining financial performance. Ajman Bank plays a vital role in supporting our ongoing efforts to build an agile, tech-enabled regulatory environment that responds effectively to the needs of real estate developers and investors.' He further added that through this collaboration, the department will gain access to comprehensive, periodic reports on escrow accounts, enabling greater oversight of real estate development performance. The partnership also paves the way for more seamless financial transactions across stakeholder groups, reducing procedural complexity and delivering future-ready services grounded in speed, privacy, and operational excellence. H.E. Mustafa Al Khalfawi, CEO of Ajman Bank, commented: 'At Ajman Bank, we believe in the power of institutional collaboration to elevate the quality of financial services. This agreement reflects our shared vision of trust, integration, and efficiency, and supports Ajman's positioning as a competitive and investment-friendly emirate.' This partnership serves as a model for effective synergy between regulatory bodies and the financial sector, setting the stage for a more stable, transparent, and investor-centric real estate ecosystem in Ajman.


Zawya
3 hours ago
- Zawya
Global School Management announces strategic growth investment from BDT & MSD Partners
McLean, Virginia – Global School Management (GSM), a leading global education and technology company, today announced a strategic growth investment from BDT & MSD Partners. The investment will support GSM's continued international expansion and further development of its integrated online platform and curriculum offerings. Founded by Ron Packard in 2014, GSM's mission is to deliver a world class American, British, and International Baccalaureate education to children from zero to 18 years old anywhere in the world, in a brick-and-mortar, online, or hybrid modality that best meets the needs of each student. Safanad, a principal investor and business builder focused on integrated investment and operational excellence across multiple sectors, served as the founding investor in GSM. Today, the company operates more than 190 schools and serves approximately 55,000 K-12 students across the United States, Europe, Middle East, and Africa. GSM is recognized for its fully integrated AMP ecosystem, a proprietary platform that combines curriculum development, advanced reporting and analytics, and scalable operations to deliver exceptional student outcomes across diverse geographies and learning environments. Ron Packard, Founder and CEO of GSM, said: 'This investment marks a new chapter in GSM's growth journey. With the continued backing of Safanad and strategic support from BDT & MSD, we will further scale our model to meet the growing global demand for high-quality education through cutting-edge technology and curriculum.' 'We are proud to welcome BDT & MSD as an investor alongside us in GSM,' added Kamal Bahamdan, Founder and CEO of Safanad. 'This partnership reflects our shared vision for the future of education and our deep respect for the GSM team's innovative approach.' BDT & MSD is a merchant bank that works with business owners and founders to support their long-term strategic and financial goals. The firm's investment reflects its conviction in GSM's differentiated education offering and experienced leadership. 'We are pleased to support GSM's mission of enabling access to high-quality education at scale,' said Chris Gleysteen, Managing Director at BDT & MSD. 'We have great admiration for what Ron and the GSM team have built and look forward to our partnership with Safanad to fuel this next phase of GSM's growth.' About Global School Management (GSM) Global School Management (GSM) manages high-quality schools that meet the needs of their communities and the demands of the future. Since 2014, we've helped schools launch, grow, and operate across the U.S., Europe, the Middle East, the United Kingdom, and Africa. With a portfolio of over 190 schools and more than 55,000 students worldwide, GSM delivers flexible, tech-enabled, locally attuned education solutions across early childhood, K–12, and higher education. We handle the complexity—school operations, digital infrastructure, compliance, facilities, staffing, and more—so educators can focus on what matters most: their students. Our mission is to make world-class education accessible, sustainable, and effective at any scale. Whether brick-and-mortar, online, or hybrid, GSM helps schools operate with integrity, efficiency, and impact. Learn more at About Safanad Founded in 2009, Safanad is a global holding company combining investment and operational excellence. We develop deep conviction behind investment sectors that have strong macroeconomic tailwinds, build powerful operating platforms to capitalize on these opportunities, and execute on fundamental value creation strategies to drive returns. Safanad invests in impact, with platforms in Education, Healthcare, Digital Infrastructure, and Real Estate. The firm's c. 40 professionals have completed more than 45 transactions totaling $11 billion. For more information, please visit About BDT & MSD Partners BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors. The firm is distinguished by its decades of experience advising at the intersection of founders, families, and businesses, as well as by its differentiated capital base and culture of aligned investing. For more information, visit For more information, please contact: Zahraa Taher Managing Director FinMark Communications Email: ztaher@