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Mashreq, one of the leading financial institutions in the UAE, has signed a strategic Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (DAFZA) to support and grow the ecosystem of services available to small and medium sized businesses setting up in the zone. The MoU will ensure DAFZA businesses have access to a wide variety of initiatives including API integration, as well as banking services through Mashreq’s exclusively digital business banking platform, NEOBiz.

Schneider Electric, the leader of digital transformation in energy management and automation, has promoted Michel Arres to take on the role as Vice President of IT Channel and Alliances, International under its Secure Power Division. The International zone covers seven regions including South America, Middle East & Africa, CIS, India, East Asia, Japan, and Pacific. Arres has over 28 years’ experience in the channel space and has held leadership roles, providing vision and direction to the channel team which consists of distribution, alliance partners, marketing, and strategy.

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