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SoftServe Establishes Local Presence in Saudi Arabia to Advance AI Innovation and Digital Transformation

September 15, 2026

New entity marks significant milestone in the company’s commitment to the Middle East region RIYADH, Saudi Arabia, Sept. 15, 2026 (GLOBE NEWSWIRE) — SoftServe, an AI and technology services company specializing in autonomous enterprises, today announced the official launch of a new entity in Saudi Arabia, marking a significant milestone in the company’s commitment to the […]

EMGA leads USD 80m Club Loan Financing for Uzbekistan’s Ipak Yuli Bank

September 15, 2026

LONDON, Sept. 15, 2026 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) finalized a further financing for Ipak Yuli in Uzbekistan, funded by OeEB, CDP and Allianz Global Investors (AGI). Commenting on the transaction, Mr. Umidjon Khakimov, CEO of Ipak Yuli Bank said, “We are pleased to strengthen our cooperation with EMGA and establish […]

ABB Bank Completes Acquisition of a Controlling Stake in Davr Bank

September 14, 2026

ABB Bank Completes Acquisition of a Controlling Stake in Davr Bank Baku, September 14, 2026 – ABB Financial Group has successfully completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan. The transaction was registered on 10 September 2026 at the Tashkent Stock Exchange. Under the terms of the […]

Hainan Economic and Trade Delegation Visits Oman and Signs Memorandum of Cooperation

September 14, 2026

The Hainan economic and trade delegation poses for a group photo with representatives of enterprises from Khazaen Economic City. HAIKOU, China, Sept. 14, 2026 (GLOBE NEWSWIRE) — From September 7 to 8, a Hainan economic and trade delegation visited Oman to conduct economic and trade exchanges, inspect industrial parks, and facilitate business matchmaking. The delegation […]

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