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Mediterranean Bank Selects Finastra’s core banking solution to transform customer experiences and drive sustainable growth in Libya

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With Finastra Essence, the bank will fast-track its digital transformation strategy and offer a comprehensive range of innovative retail and corporate banking services

Dubai, United Arab Emirates – April 15, 2025 – Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core banking solution, Finastra Essence, to deliver advanced digital banking services to its customers. The next-generation solution, which comprehensively covers conventional and Islamic banking requirements, will enable the bank to streamline core processes while offering personalized services and robust customer support. Once the implementation is complete, Mediterranean Bank will also benefit from increased agility to adapt quickly to new demands, drive ongoing innovation and rapidly bring new products to market.

EVO Digital Solutions Co., a local fintech company and partner of Finastra, is supporting the project by providing specialized services to Mediterranean Bank under Finastra’s supervision, including hands-on technical and operational support. With Evo’s local expertise and Finastra’s global delivery framework, the collaboration aims to provide Mediterranean Bank with a smooth transition to Essence.

“We are currently on a digital transformation journey to ensure we continue to deliver the best services to our customers through cutting-edge technology,” said Emad Alaakili, Chairman at Mediterranean Bank. “By implementing Finastra’s core banking solution, we are transforming our operations to drive greater efficiencies and provide our customers with the personalized banking services they expect. By increasing the robustness of our offering, this move also aligns with our goal to drive sustainable growth by balancing both profitability with social responsibility, and economic development with financial stability.”

Finastra Essence is a cloud-first, next-generation core banking solution that combines deep functionality and advanced technology to increase enterprise agility, reduce costs and improve operational efficiency. Powered by an open, microservices architecture, Essence’s rich, broad and deep banking functionality enables institutions to rapidly deploy market-leading products and services. The solution will provide Mediterranean Bank with a comprehensive suite of services, including core operations, teller, payments and signature verification.

“We are pleased to help Mediterranean Bank achieve its objectives around customer-centricity and increasing its market penetration in Libya,” said Siobhan Byron, EVP, Universal Banking at Finastra. “Essence’s modular architecture and a microservices approach will enable the bank to seamlessly innovate and scale as it grows. Ultimately, we’re empowering Mediterranean Bank to reimagine banking and keep pace with change, as it seeks to bring modern, digital financial services to customers.”

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HMH set to open a new hotel in Makkah and signs two key agreements at Arabian Travel Market 2025 

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 HMH Advances Regional Growth with New Makkah Hotel and Strategic Agreements at ATM
Corp Makkah Al Naseem Set to Redefine Pilgrim Hospitality in Line with Vision 2030
15 Years at ATM: HMH Strengthens Its Role as a Key Hospitality Partner in MENA
Hospitality Management Holdings (HMH), a leading hospitality group in the MENA region, is entering a significant phase of regional expansion with the upcoming opening of the Corp Makkah Al Naseem Hotel and two strategic agreements signed at Arabian Travel Market (ATM) 2025. These developments highlight the company’s commitment to elevating hospitality standards while supporting Vision 2030 across Saudi Arabia and the Gulf region.
In Makkah, HMH is preparing to launch the Corp Makkah Al Naseem Hotel, a 460-room property strategically positioned to serve pilgrims visiting the holy city. Scheduled to open after this year’s Hajj season, the hotel combines elegant interiors with modern amenities to create a welcoming environment for spiritual reflection and physical rejuvenation. The property features comprehensive guest facilities including a fully equipped fitness centre, diverse dining options offering specialty cuisine, and a tranquil café – all thoughtfully designed to enhance the pilgrim experience.
Mr. Haytham Abdelaziz, Chief Operating Officer of HMH, commented: “Corp Makkah Al Naseem Hotel achieves a careful balance between contemporary comfort and spiritual sanctuary. We’ve designed every element to support guests’ wellbeing, from nourishing meals to peaceful surroundings, allowing them to focus completely on their pilgrimage.” The hotel’s opening forms part of HMH’s broader commitment to supporting Saudi Arabia’s religious tourism infrastructure development, aligning with national initiatives to enhance the experience for millions of annual visitors.
During ATM 2025, HMH solidified its regional expansion with two key agreements: a signed management contract for the 460-room Corp Makkah Al Naseem Hotel, strengthening its Eastern Province presence, and a memorandum of understanding for a new Dammam hotel development. These strategic moves demonstrate HMH’s balanced approach to serving both business and religious tourism sectors across the GCC.
“These agreements reflect our strategic expansion approach, perfectly aligned with our mission to serve diverse tourism sectors throughout the region,” Abdelaziz added. With over 2600 rooms either operational or in development, HMH is positioned to significantly influence the region’s hospitality landscape. The group continues to leverage regional travel trends and government-supported tourism initiatives to drive sustainable growth.
As HMH marks 15 years of participation at ATM, these achievements underscore its evolution as a trusted hospitality partner, delivering innovative, guest-centred solutions across MENA’s dynamic tourism market.

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DARIA bond II smartphone wins global accolades

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Designed by Multi Ways International, the DARIA bond II smartphone has clinched the prestigious Red Dot Design Award 2025. The distinction “Red Dot” has become established internationally as one of the most sought-after seals of quality for good design.
Red Dot stands for belonging to the best in design and business. The distinction is based on the principle of selection and presentation. Excellent design is selected by competent expert juries in the areas of product design, communication design, and design concepts.
This accolade joins five previous global awards that mark the device’s excellence in design and innovation.
The most recent prior win includes the NY Product Design Awards 2025, where DARIA bond II smartphone was honored as a Gold winner.
The NY Product Design Awards was launched to honor the efforts of talented product designers, design teams, and manufacturers from all over the world, whose designs have made daily living that much better with their practical and ingenious creations.
Recognizing that excellence exists in various forms in the design industry, the NY Product Design Awards intends to celebrate excellence in all its facets that are found in design work and its designers.
Halil Chaglar, CEO, Multi Ways International, said that DARIA bond II smartphone recognition on global level is a huge achievement, adding that winning the Red Dot Design Award 2025 highlights DARIA bond II smartphone’s position as more than just a smartphone, it’s a vision for the future of mobile technology, where style, speed, and smart systems meet as the smartphone is packed with impressive and incredible specifications.
He noted that the DARIA bond II smartphone was chosen based on key Red Dot criteria such as innovation, functionality, and design quality.
“Its sleek look, intuitive experience, and smart Web3 integration met and exceeded the jury’s expectations, highlighting Multi ways’ commitment to forward-thinking design”. Chaglar added.
“Equipped with advanced features, the DARIA bond II smartphone offers a seamless mobile experience backed by a powerful processor, AI-driven tools, and a camera built for clarity. Its minimalist design and blockchain-based ecosystem set it apart in today’s smartphone market.
Discover the award-winning DARIA bond II smartphone at dariamobile.com. Join the next generation of users redefining how we interact with mobile devices.” Chaglar concluded.

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Ruder Finn Atteline Bolsters MENA Leadership Team with Strategic Appointments

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• The integrated communications agency’s recent hires include an Executive Vice President alongside three Account Directors across multiple divisions
• The new leadership with strong integrated communications expertise supports Ruder Finn Atteline’s recent rebrand and overall growth strategy across MENA

MENA – 24 April 2025: Ruder Finn Atteline, a global integrated marketing and communications consultancy and the MENA arm of the Ruder Finn group, has strategically expanded its leadership team over the past year with four senior appointments. These hires support the agency’s ongoing efforts to expedite its regional growth strategy across the Middle East and North Africa, while also strengthening its Corporate Division and newly launched Automotive, Travel & Tourism, and Sports & Entertainment practices.
Sophie Simpson, Managing Director of Ruder Finn Atteline – MENA, commented: “Our evolution as Ruder Finn Atteline isn’t just about a new logo or a refreshed name. It’s about building an agency that reflects the region’s changing needs; one that’s creatively fearless, strategically sharp, and deeply collaborative. These appointments are a clear signal of where we’re headed. Each new leader brings unique strength to the table, and together, they’ll help us continue to push boundaries, raise the bar, and enhance communications in MENA.”
Radhika Mehta joins as Executive Vice President of Growth & Operations. With nearly two decades of experience in communications, her proven ability to accelerate business growth, tailor integrated brand solutions, and spearhead compelling storytelling-driven brand narratives for clients spanning international markets reinforces Ruder Finn Atteline’s focus on building future-ready systems and scaling with intention. Having managed cross-border campaigns across several business sectors, Radhika’s global perspective makes her a trusted advisor to both brands and teams. In her new role, she will focus on growing the agency’s MENA presence and integrated communication services.
Srishti Soni has been brought aboard as Account Director for the Corporate Division. Bringing nearly 15 years of experience across MENA and India markets, she is a seasoned communications consultant who has led award-winning PR and reputation campaigns across sectors including real estate, healthcare, education, oil and gas, and consumer tech. Before Ruder Finn Atteline, Srishti spent over six years in the MENA communications industry, overseeing corporate and financial advisory mandates for marquee clients. She will play a key role in furthering the agency’s corporate offering.
Shannon Hynes and Yara Nimer have been appointed Associate Account Directors to lead the integrated agency’s newly established Sports & Entertainment Division.
Shannon brings nearly a decade of experience in the Sports & Entertainment industry, having led high-impact campaigns for global platforms. Over the past two years, she has led Netflix MENA’s publicity efforts, managing talent relations and red-carpet events across key markets. With an aptitude for driving cultural relevance through strategic storytelling, Shannon’s ability to shape narratives that resonate on a global scale will guide the growth of Ruder Finn Atteline’s new division.
Yara will support the division in a similar capacity, leveraging a decade of experience in integrated communications and having led content and publishing strategies for both regional and global brands. With an integrated-first mindset and a cross-sector portfolio spanning entertainment, tourism, and sport, she has delivered award-winning campaigns recognised for their cultural relevance and strategic impact. A MEPRA award-winner for her work across consumer and influencer campaigns, as well as previously being named one of Campaign’s PR Faces to Watch, Yara is known for fusing strategy with storytelling that resonates deeply across the region. A passionate advocate for Arab women and purpose-driven communications, she draws on editorial instincts and a performance-led approach to craft narratives that connect brand purpose with real-world relevance.
These appointments mark a key milestone in Ruder Finn Atteline’s transformation journey, following the recent unveiling of its refreshed brand identity and visual language. Reflecting a new era for the agency in MENA, this leadership expansion bolsters its capabilities while reinforcing deeper integration with Ruder Finn’s global network. As the agency continues to grow its offerings — from scaling its Content Hub and Digital Division to strengthening its sectoral expertise — the addition of fresh leadership ensures the right minds are in place to deliver on the promise of “What’s Next.”

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