Latest from Tahya Masr
Tahya Masr
a day ago
- Business
- Tahya Masr
Bank NXT Partners with UiPath and BMB Egypt to Accelerate Intelligent Automation and Bolster its Digital Transformation Strategy
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt has announced the signing of a cooperation protocol with UiPath, a global leader in intelligent automation solutions, in a strategic step toward digital transformation. The partnership, executed in collaboration with BMB Egypt, a global solutions provider, innovator and advisor working with top rated technology partners to empower businesses and organizations, through the finest quality of custom-made IT solutions, aims to implement UiPath's platform to accelerate automation, enhance operational efficiency, and elevate the quality of banking services . This collaboration reflects Bank NXT's commitment to achieving the highest levels of institutional performance, improving customer experience, and supporting its broader digital transformation and sustainable growth strategy. Hesham Daabes, Senior Group Head for Support at Bank NXT , expressed his pleasure in launching the UiPath platform in partnership with BMB Egypt to accelerate the digital transformation of banking services. He highlighted the fruitful outcomes of adopting innovative solutions through this collaboration, notably the enhancement of institutional performance in managing internal operations with efficiency, accuracy, and speed—aligning with the bank's vision for agile development and its commitment to delivering an exceptional customer experience. Daabes added that this agreement has opened new horizons for advanced uses of the world-leading automation platform and maximized the value of this partnership by leveraging global models to advance Egypt's banking sector. It also contributes to improving service quality, paving the way for continued innovation and growth in the future. Ashraf El Zarka, Vice President and Managing Director, UiPath Middle East and Africa, said: 'We're excited to witness this landmark deployment of intelligent automation at Bank NXT—one of the fastest adoptions we've seen in the region. With unwavering executive support, led by the CEO and leadership team, and a highly dedicated staff, the foundation for long-term innovation is firmly in place. Phase one focuses on transforming back-office operations and enhancing customer interactions, laying the groundwork for flexible, customer-driven banking services. The future is bright, especially with agentic automation on the horizon.' Mohamed Mossad, Director of Intelligent Automation and Data Analytics at BMB Egypt, added: 'As a strategic partner in intelligent automation and artificial intelligence, we're proud to support Bank NXT in this pivotal project. From day one, the bank has demonstrated a forward-thinking approach, enabling seamless technology integration, faster product enablement, and real-time value delivery to internal teams. We're confident that intelligent automation will drive transformation across Egypt's banking sector, ushering in an era of speed, innovation, and sustainable growth. We remain committed to scaling automation, adopting AI technologies, and helping our partners lead transformation, not just keep pace with it . Bank NXT is executing an ambitious roadmap to automate several key operations in the coming period. This initiative is designed to boost institutional performance, deliver genuine added value to customers, and reinforce the bank's leadership in banking innovation across Egypt.
Tahya Masr
5 days ago
- Business
- Tahya Masr
Madinet Masr and Waheej for Real Estate Sign Memorandum of Understanding to Strengthen Cooperation in the Saudi Real Estate Market
Madinet Masr (EGX: one of Egypt's leading real estate development companies, announced the signing of a Memorandum of Understanding (MoU) with Waheej for Real Estate, a licensed Saudi real estate developer, as part of its strategy to expand regionally and explore new investment opportunities. The MoU was signed at Waheej for Real Estate's headquarters in Riyadh by Eng. Abdallah Sallam, President & CEO of Madinet Masr, and Eng. Rashid Saud Al-Jadoua, CEO of Waheej for Real Estate. The MoU aims to explore and develop residential, commercial, and administrative projects in the Kingdom of Saudi Arabia by leveraging the exchange of technical and financial expertise and information. This initiative aligns with the objectives of Saudi Vision 2030 and supports homeownership opportunities and the quality of life for both citizens and residents. The signing of this MoU reflects both parties' desire to build a promising strategic partnership based on mutual understanding and full compliance with applicable regulations. Commenting on the partnership, Eng. Abdallah Sallam, President & CEO of Madinet Masr, said: 'This partnership marks an important milestone in our expansion strategy across regional markets—particularly in Saudi Arabia, which is witnessing remarkable urban and economic growth. We are proud to collaborate with Waheej for Real Estate and look forward to turning this agreement into tangible, successful projects on the ground." Eng. Rashid Saud Al-Jadoua, CEO of Waheej for Real Estate, added: "We are pleased to partner with Madinet Masr, a company with extensive expertise in real estate development. Through this collaboration, we aim to exchange knowledge and deliver impactful projects that support the housing sector and contribute to the Kingdom's broader development objectives." The MoU outlines the potential establishment of a joint real estate development company in Saudi Arabia. Independent agreements will be signed for each project, clearly defining the responsibilities of both parties.
Tahya Masr
05-06-2025
- Business
- Tahya Masr
Nasdaq Dubai Welcomes Mashreq's USD 500 Million Sukuk Listing
Nasdaq Dubai welcomed Mashreq's (''Mashreq'' or ''the Bank'') debut listing on the exchange with the admission of a USD 500 million Sukuk issued by Mashreq Al Islami Sukuk Company Ltd . The Trust Certificates, due in 2030, were issued under Mashreq's USD 2.5 billion Trust Certificate Issuance Programme and are being admitted as a secondary listing following strong demand in the primary market. This marks an important milestone for Mashreq as it expands its access to international capital markets and strengthens its presence in the Islamic finance space. It also reflects Nasdaq Dubai's continued role in connecting regional issuers with a global investor base through a well-regulated and diversified platform. Senior officials from Mashreq, including Ahmed Abdelaal, Group Chief Executive Officer; Joel Van Dusen, Group Head of Corporate & Investment Banking; and Salman Hadi, Group Head of Treasury & Global Markets, attended the market opening ceremony at Nasdaq Dubai to celebrate the listing. The bell was rung by Ahmed Abdelaal in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). Abdul Aziz Al Ghurair, Chairman of Mashreq, commented: "This Sukuk listing marks an important step in Mashreq's commitment to strengthening the global Islamic finance landscape. It is a clear demonstration of Mashreq's long-term commitment to Islamic finance, the deepening of cross-border capital flows, and the UAE's continued emergence as a global nexus for ethical and Sharia-compliant financing. Through this programme, we are proud to reinforce investor trust and contribute meaningfully to the maturing of Islamic capital markets . Ahmed Abdelaal, Group Chief Executive Officer, Mashreq said: 'Our debut listing on Nasdaq Dubai marks a new chapter in Mashreq's capital markets journey. This Sukuk issuance not only attracted strong investor interest, but also affirms our disciplined approach to funding, even in a complex macro environment. As we continue to diversify our capital structure through Sharia-compliant channels, we remain committed to delivering strong fundamentals, market transparency, and sustainable value for all stakeholders. Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), said: 'This listing reflects Mashreq's growing ambitions in the Islamic finance sector and underscores our role as a leading marketplace that connects regional issuers with global investors. As Dubai continues to strengthen its capital markets infrastructure, we remain committed to providing an efficient and transparent platform that supports diverse financing needs and promotes sustainable growth across the financial ecosystem. This landmark Sukuk issuance marked Mashreq's successful return to the international debt capital markets. It was also the first public issuance from the CEEMEA region since the announcement of U.S. tariffs in April 2025, which had triggered heightened volatility across global markets. The success of this transaction renewed market participants' confidence, and was followed by a string of issuances, thereby helping to reopen the market for regional issuers. The transaction attracted significant investor interest, resulting in an orderbook of USD 2.9 billion, nearly six times oversubscribed. The final pricing was tightened to UST +105 basis points with a fixed profit rate of 5.03% per annum, reflecting the strength and quality of the orderbook and strong investor confidence in Mashreq's credit fundamentals. With broad participation from over 90 global investors across the Middle East, Europe and Asia, the issuance reaffirms Mashreq's leadership in Islamic finance and reinforces Dubai's growing stature as a global hub for Sharia-compliant capital markets. With this listing, the total value of Sukuk listed on Nasdaq Dubai has reached USD 97.2 billion, further strengthening the exchange's position as one of the world's largest centres for Islamic fixed income. The overall value of debt securities listed on Nasdaq Dubai now stands at over USD 140 billion, across 163 issuances. These figures reflect the depth and maturity of the UAE's capital markets, as well as the growing appeal of Dubai as a gateway for regional and international investment.
Tahya Masr
03-06-2025
- Entertainment
- Tahya Masr
OPPO and the UEFA Champions League Final: Powering Football Innovation On and Off the Pitch Empowering Future Football Stars Through Global Community Initiatives
The 2024/25 UEFA Champions League season reached its spectacular conclusion today at Munich Football Arena. As the Official Smartphone Product Partner of the prestigious competition for the third consecutive year, OPPO celebrated the event with a series of football-related CSR programs and cultural activations around the final as well as reaffirming its commitment to supporting football through innovation in technology and social initiatives. By integrating cutting-edge technology into football and strengthening connections between fans and the game worldwide, OPPO continues to empower footballers and supporters to truly "Make Your Moment", creating unforgettable experiences both on and off the pitch. Watch the Game Like Never Before with OPPO Technology Inside the Champions Village at Munich Football Arena, OPPO brought together football culture, highlights from the UEFA Champions League history, and the sporting spirit of Munich alongside the company's latest AI technologies and camera innovations. Football fans from around the world were given the chance to take AI-powered selfies with a virtual avatar of Spanish football prodigy and OPPO Global Brand Ambassador, Lamine Yamal, at the interactive booth, making their own hero moment powered by OPPO AI. Inter Milan legend, Marco Materazzi, also made a surprise appearance at the OPPO Hospitality Lounge, where he met with fans and demonstrated the latest OPPO technology. Alongside the OPPO and UEFA Champions League highlights on display at the Champions Village, the event also featured a showcase of OPPO's latest AI and photography technology . Pushing the boundaries of smartphone photography, OPPO's new camera zoom technology eliminates typical user challenges when shooting photo and video from a distance, enabling even spectators in the highest stands to capture stunning close-ups as if standing on the sidelines. Enhanced by other OPPO AI features like AI Unblur and AI Eraser, OPPO's camera technology empowers fans to effortlessly capture goals, saves, and more epic moments, transforming the on-pitch excitement into timeless, unforgettable memories . Creating a Global Platform for Football Culture Through Technology On the eve of the UEFA Champions League Final, OPPO invited Global Brand Ambassador Kaká, and Brazilian football legend Cafu, to lead a series of charity football training clinics for youth athletes from Brazil in Munich, providing a rare opportunity for the young footballers to learn directly from their football idols. Following the training, former England international, Micah Richards also joined for an exclusive 5v5 match with the up-and-coming players, with the legends using OPPO's AI-powered technology to capture picture-perfect moments from the pitch . On the day of the final, OPPO also brought together Kaká, UEFA Champions League legend Esteban Matías Cambiasso Deleau, and Chinese youth women footballers for a game of the ancient Chinese football-like sport, Cuju, connecting diverse football cultures past and present while showcasing football's unifying power . Through this extensive program of activities around the competition, OPPO is creating a global platform that connects fans and players around the world through the common language of football. By helping to promote football, improve players' technical skills, and provide inspiration from football heroes, these programs create valuable opportunities for youth development, elevating both the game and football culture globally. Empowering the Next Generation of Footballers Worldwide Through Community Programs Alongside its activations at this year's final, OPPO has been implementing a range of diverse sports development and talent cultivation programs worldwide throughout the season in its third year as the Official Smartphone Product Partner of the UEFA Champions League. In Brazil, OPPO has launched a comprehensive sports initiative across four communities in São Paulo to support youth football development. The program includes renovating local football pitches, donating sports equipment and supplies, providing professional training sessions, and facilitating pathways for young players to enter professional clubs. In Egypt, OPPO teamed up with The Maker Football School for #The MakerXOPPO DreamLeague a nationwide youth football tournament aimed at discovering and developing Egypt's top young football talents. In addition to hosting the competitive tournament, OPPO has provided comprehensive coaching and world-class player development programs to help aspiring young footballers turn their dreams into reality. In Mexico, OPPO also announced a strategic partnership with UNESCO, the municipal institutes of Sports of Puebla and Chihuahua to empower aspiring young football players across the country . Through the collaboration, OPPO will provide essential training equipment and cutting-edge technology to nurture the next generation of football talent and inspire professional football aspirations among local youth . Since beginning its partnership with the UEFA Champions League, OPPO has continued to empower football fans worldwide, with its advanced technologies and products making it easier than ever for fans to capture, share, and relive the game's most thrilling moments. Inside the stadium, OPPO's cutting-edge devices enable fans to preserve iconic match highlights and amplify their passion for football. Beyond the stadium, OPPO is also collaborating with global communities to provide development platforms, resources, and technologies that drive the sustainable growth of football. Moving forward, OPPO remains committed to connecting football fans worldwide through technology and unlocking the sport's untapped potential while empowering more football players and fans to "Make Your Moment .
Tahya Masr
02-06-2025
- Business
- Tahya Masr
Tetra Pak launches new landmark Dairy Processing Handbook, featuring new innovations in mixing, lactose reduction, and sustainability Shaping the Future of the Industry
In celebration of the 40th anniversary of the release of the first edition of the "Dairy Processing Handbook," and World Milk Day, Tetra Pak has launched the 2025 edition of this leading reference. The handbook, which has remained an important industry reference for four decades, offers the latest technical insights and industry trends, making it an indispensable tool for professionals, students, and academics in the dairy field. The updated edition is a comprehensive resource tailored for industry professionals, academics and students. Featuring more than 600 illustrations and over 460 pages of content authored by 35 experts from across Tetra Pak, the Dairy Processing Handbook is a definitive resource for dairy professionals and the broader food processing industry. The book also features a chapter on the Primary Production of Milk, authored by experts from DeLaval. Building on 70 years of Tetra Pak expertise, this edition is designed to equip dairy professionals with cutting-edge knowledge to meet modern challenges and drive innovation, offering an in-depth exploration of the entire dairy production process – from cow to consumer. This practical guidance serves to align dairy operations with today's highest standards in efficiency, innovation, and environmental performance. In addition to core production principles and technological best practices, this latest version also addresses the current challenges and opportunities facing the dairy sector. These include evolving sustainability demands, new production models and increased cost pressures. The 2025 handbook features comprehensive updates across all existing chapters and introduces four entirely new chapters. Among them, a new chapter on 'Mixing Technology' offers the latest expertise to optimise production efficiency and ensure consistent results that meet consumer expectations across milk, yoghurt, cheese and ice cream products. Mixing is a core technology for food supplements and nutrition, and with nearly three-quarters (74%) of consumers interested in purchasing products with specific health claims,1 this emerging segment is generating increased attention from food and beverage producers. In response to rising health awareness and increasing demand for dietary alternatives, the 2025 edition also includes a new chapter on 'Lactose-Free Dairy Products.' With the lactose-free dairy market projected to grow at 7.12% (CAGR from 2023 to 2033),2 this edition addresses a fast-expanding segment reshaping consumer expectations and product development. Meanwhile, a new chapter on 'Sustainability in Dairy Processing' provides essential insights to help producers transition towards more sustainable operations. With dairy production accounting for 2.7% of total anthropogenic greenhouse gas emissions, sustainable transformation is both a responsibility and an opportunity for the industry . The Dairy Processing Handbook explains complex dairy science and processing technologies in a clear, practical and visually engaging way, making it ideal for building foundational knowledge and supporting real-world applications. Its combination of clarity, depth and practical relevance makes it a trusted reference across all levels of learning. Join us in shaping the future of dairy production. Discover the 2025 edition here .
