Space42 Secures AED18.7 Billion Contract with UAE Government to Provide Satellite Communication Services Through 2043

Space42 has secured a significant AED18.7 billion ($5.1 billion) contract with the UAE Government, extending secure satellite communication services through 2043. The deal includes the launch of two new satellites, Al Yah 4 and Al Yah 5, and reinforces Space42’s position with a substantial backlog of AED26 billion in contracted revenues.

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stc Bahrain Marks Environmental Milestone with 55,000 Trees Planted Through ‘Trees for Life’ Campaign

stc Bahrain has reached a milestone in its “Trees for Life” campaign, planting over 55,000 trees across the Kingdom since 2021. In 2024, 27,172 trees were planted, contributing to Bahrain’s national afforestation goals. The campaign promotes sustainability, supports the government’s net-zero vision, and strengthens community engagement.

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ADIB Launches UAE’s First Personal Finance Management Tool in Partnership with Lune

ADIB, in collaboration with Emirati fintech company Lune, has launched the region’s first personal finance management tool, the ADIB Money Management Tracker. This tool offers users insights into their financial activities by tracking income and expenses, empowering them to make informed decisions and plan for short-term and long-term goals.

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