As Diwali, the Festival of Lights, illuminated homes across the UAE, the vibrant celebrations extended into workplaces, showcasing the country’s multicultural ethos. Offices in Dubai and beyond embraced the festive spirit, blending work and tradition in creative and inclusive ways. From yacht parties to traditional Indian attire, sweets, and games, the celebrations highlighted the UAE’s commitment to honoring diverse cultural practices while fostering workplace camaraderie. Diwali, also known as Deepavali, is one of the most significant festivals in India and is celebrated by millions worldwide, including the UAE’s diverse community. Despite falling on a weekday, the festival’s message of light, positivity, and togetherness resonated strongly across offices. Companies like Kreston Menon Chartered Accountants and Aspire International Building Materials Trading LLC organized grand festivities, including lunches, games, and special prayers. Swati Arora of Kreston Menon shared that their office planned a full-fledged Diwali party later in the week, allowing employees to fully immerse themselves in the celebrations. Charu Gupta of Aspire International highlighted their pre-Diwali yacht party and the distribution of food boxes to warehouse workers, emphasizing inclusivity. Employees like Namita Aneesh of MFC brought a touch of home to the workplace, dressing in traditional attire and sharing sweets, creating a festive atmosphere even on a busy workday. These celebrations reflect the UAE’s multicultural fabric and its ability to harmonize cultural traditions with professional environments.
标签： Africa
非洲
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UptexBank launches to drive digital banking innovation in the GCC
The Gulf Cooperation Council (GCC) has welcomed a groundbreaking addition to its financial landscape with the launch of UptexBank, a cutting-edge digital banking platform. Officially unveiled on October 12, 2025, during the Dubai Fintech Surge, UptexBank is poised to redefine cross-border banking by integrating advanced technology with robust regulatory compliance. Headquartered in Oman, the institution aims to streamline international transactions for individuals, freelancers, and businesses, offering multi-currency accounts and cost-effective transfer solutions. UptexBank’s launch aligns with the GCC’s Vision 2030, which emphasizes economic diversification, entrepreneurship, and digital transformation. The platform addresses a critical gap in the market, particularly for small and medium-sized enterprises (SMEs), which contribute significantly to the region’s non-oil GDP but often face challenges with traditional banking services. By providing instant transfers, transparent FX rates starting at 0.2 percent, and multi-currency accounts, UptexBank seeks to empower SMEs and freelancers across the GCC. The institution operates under regulatory licenses in Oman, the UAE, and Canada, ensuring compliance and client protection. Plans are already underway for expansion into Saudi Arabia and other GCC countries in 2026, with further international growth anticipated in 2027. Early access registration is now open for businesses and freelancers eager to join this transformative platform.
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Verstappen’s flawless US Grand Prix win tightens F1 title race
Max Verstappen of Red Bull delivered a masterclass performance at the US Grand Prix in Austin, Texas, securing a flawless victory from pole position. The Dutchman led every lap, further closing the gap to championship leader Oscar Piastri. Verstappen’s win, coupled with his triumph in Saturday’s sprint race, marked a perfect weekend for the four-time world champion, who has now reduced Piastri’s lead to 40 points after trailing by 104 in August. McLaren’s Piastri finished fifth, while his teammate Lando Norris claimed second place after overtaking Ferrari’s Charles Leclerc late in the race. Norris now trails Piastri by 14 points in the drivers’ standings, with five races and two sprints remaining. Verstappen expressed optimism about his title chances, stating, ‘We just need to try and deliver these weekends until the end.’ Piastri, meanwhile, remains confident in his ability to become Australia’s first F1 champion since Alan Jones in 1980. The race featured intense battles, including Norris’s struggle to pass Leclerc, who showcased exceptional defensive driving. Lewis Hamilton finished fourth, just ahead of Piastri, while George Russell secured sixth for Mercedes. The event also saw incidents involving rookies Kimi Antonelli and Carlos Sainz, with the latter receiving a grid penalty for the next race. Despite heat concerns, the race proceeded smoothly, with Verstappen’s dominance leaving little room for rivals to challenge.
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Five winners from UAE, India, Bangladesh, Sri Lanka win gold bar in Big Ticket
In a thrilling turn of events, five individuals from the UAE, India, Bangladesh, and Sri Lanka have each won a 250-gram 24-karat gold bar in the Big Ticket October promotion. The winners, hailing from diverse backgrounds, shared their joy and plans for their newfound fortune. Among them is A.A., a 39-year-old UAE citizen and government employee from Abu Dhabi, who has been participating in the draws since 2023. Despite missing the winning call, he expressed immense gratitude and plans to use his prize for a trip to the Maldives. Mohamed Nalim, a 63-year-old Sri Lankan banker residing in Saudi Arabia, was equally ecstatic. He credited his win to persistence and plans to gift the gold bar to his wife for crafting jewelry. Mansur Ahmmad, a 24-year-old Bangladeshi expat in Dubai, celebrated his first-ever win with a group of friends, who will share the prize equally. Ajith Samuel, a 44-year-old mechanical engineer from Kerala, and Vibin Vasudevan, a 37-year-old IT professional, also shared their excitement. Both have been participating with groups of friends and plan to continue their winning streak. The Big Ticket October promotion also features a Dh25 million grand prize, set to be announced on November 3, along with other exciting rewards like luxury cars.
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Cameroon’s bishops call for calm after opposition declares election victory
Cameroon is on edge as opposition leader Issa Tchiroma Bakary has boldly declared himself the winner of the 12 October presidential election, challenging the long-standing rule of 92-year-old President Paul Biya. Bakary, a former government spokesman, claims to have defeated Biya, who is seeking to extend his 43-year tenure by another seven years. His self-proclaimed victory has been met with sharp criticism from the government and Biya’s ruling party, with officials labeling it as illegal. The Constitutional Council, responsible for announcing the final results, has until 27 October to declare the official winner. Bakary’s defiance has sparked fears of potential violence in the central African nation, as tensions rise over the legitimacy of the election outcome. The influential Catholic Church in Cameroon has called for calm, urging authorities to ensure the results reflect the true will of the electorate. In a statement, the National Episcopal Conference of Cameroon (NECC) emphasized the importance of peace and stability, echoing widespread concerns about potential electoral manipulation. The Church, regarded as a moral authority in the country, has been vocal in its criticism of Biya’s governance. Earlier this year, Bishop Yaouda Hourgo of Yagoua Diocese expressed strong opposition to Biya’s re-election, stating that even the ‘devil’ would be preferable to another term under the incumbent president. As protests over alleged fraud continue, the Constitutional Council has announced it will begin hearing complaints, with its verdict set to determine the nation’s next leader. Amid the uncertainty, the Catholic Bishops have reminded the judges of their duty to uphold the truth, quoting, ‘The truth shall set you free.’ The outcome of this election will not only shape Cameroon’s future but also test the resilience of its democratic institutions.
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Abu Dhabi court rules in favour of retiree in loan dispute with bank
In a significant legal victory for borrowers, an Abu Dhabi appeals court has ruled in favor of a retired Emirati in a loan dispute with his bank, setting a precedent for fair treatment of retirees in financial agreements. The court found that the bank had unlawfully deducted more than 30% of the retiree’s pension to recover outstanding loan payments, violating federal regulations. The ruling overturned a lower court’s decision favoring the bank and reinforced the Central Bank’s 30% cap on deductions from pensions or salaries for loan repayments. The case involved a lease-to-own home-financing agreement for a villa in Abu Dhabi’s Al Rahba area. The retiree had maintained regular payments until his employment ended, after which the bank continued deducting the same amount from his pension. The appeals court emphasized that banks must adjust repayment schedules when borrowers face significant income reductions, such as retirement. Legal experts hailed the judgment as a judicial precedent that strengthens borrowers’ rights across similar cases. Abu Dhabi lawyer Ali Al Abbadi, who represented the retiree, stated that the ruling confirms Central Bank circulars cannot override federal law and that banks are legally bound to comply with the 30% cap. The verdict, issued last week, is subject to further appeal by the bank within 30 days. This landmark decision underscores banks’ responsibility to ensure repayment plans remain fair and affordable, particularly for retirees and those experiencing income loss.
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HR expert launches groundbreaking book to reshape human capital leadership in the Middle East
In a significant development for the field of human resources, Dr Mostafa Ahmed Ghanima, a distinguished HR executive and thought leader, is set to launch his groundbreaking book, *Transforming the Future of HR in the Middle East: Mastering Global HR Practices with Regional Culture and Values*, this December. The book, aimed at HR professionals, organizational leaders, and policymakers, offers a fresh perspective on the evolving landscape of human capital management in the Middle East. It uniquely bridges global HR innovations with the cultural and traditional values of the region. Drawing from nearly two decades of experience across Egypt, Saudi Arabia, the UAE, and the UK, Dr Ghanima combines practical frameworks, real-world case studies, and contextual insights to address the challenges of economic diversification, digital transformation, and shifting workforce dynamics. The book emphasizes the importance of maintaining cultural identity while adopting global best practices, making it a timely resource for regional leaders. Available in hardcover, e-book, and audiobook formats, the publication will be accessible on major platforms such as Amazon Kindle, Apple Books, and Google Play. Its release coincides with the HR Transformation and Leadership Forums across the Middle East, further amplifying its impact. Dr Ghanima’s work is not merely a guide but a call to action for HR leaders to innovate while preserving tradition, positioning the Middle East as a competitive player in the global HR arena.
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Morocco looks to build on first U20 World Cup title
Morocco has etched its name in football history by becoming the first Arab nation to clinch the Under-20 World Cup title. The Atlas Cubs triumphed over six-time champions Argentina with a commanding 2-0 victory in the final held in Santiago, Chile. Striker Yassir Zabiri was the hero of the match, scoring both goals, including a stunning free-kick and a precise volley. This victory marks Morocco as only the second African nation to win the tournament, following Ghana’s success in 2009. The win has sparked nationwide celebrations, with fans flooding the streets in jubilation. King Mohammed VI, a key figure in Morocco’s football development, praised the team for their exceptional performance and unity. The triumph is seen as a testament to Morocco’s decade-long investment in football infrastructure, including the establishment of the Mohammed VI Football Academy and state-of-the-art training facilities. The Royal Moroccan Football Federation (FRMF) has ambitious plans to continue this momentum, with eyes set on hosting the 2025 Africa Cup of Nations and co-hosting the 2030 FIFA World Cup. Despite recent protests questioning the allocation of resources to football, the royal palace has pledged increased funding for health and education. Morocco’s football success extends beyond the U20 team, with the senior men’s team reaching the semi-finals of the 2022 World Cup and the U23 team securing bronze at the 2024 Olympics. The FRMF is also focusing on developing women’s football, futsal, and beach soccer, aiming to establish Morocco as a global football powerhouse.
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Nigeria police fire tear gas and arrest dozens as protesters demand release of separatist leader
In a tense escalation of tensions, protests demanding the release of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), turned violent in Nigeria’s capital, Abuja, on Monday. Security forces deployed tear gas, water cannons, and electric barriers to disperse demonstrators, leading to widespread clashes. Witnesses reported hearing gunshots as police arrested dozens of protesters, including a journalist from Agence France-Presse (AFP), who was later released but had his equipment destroyed. The unrest disrupted traffic across major roads, leaving commuters stranded. Kanu, a British citizen and prominent figure in the secessionist movement in southeastern Nigeria, has been in and out of detention since 2015 on charges of terrorism and treason. His case has become a focal point for grievances among the Igbo ethnic group, who allege marginalization by the Nigerian government. Aloy Ejimakor, one of Kanu’s lawyers, confirmed his arrest during the protests. The incident underscores the deepening divide between the government and separatist groups advocating for an independent Biafra.
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Fintech revolution: Super apps, the next frontier in payments
In the rapidly evolving landscape of digital innovation, super apps have emerged as a transformative force, reshaping how consumers interact with financial services and everyday conveniences. Originating in Asia with platforms like WeChat and Grab, these all-in-one digital ecosystems integrate messaging, shopping, ride-hailing, payments, and even healthcare into a single, seamless experience. As consumer expectations soar and financial services become increasingly embedded in daily life, super apps are no longer a niche concept but the next frontier in payments. At their core, super apps redefine digital convenience by offering frictionless experiences. Users can book a taxi, order food, pay bills, transfer money, invest in crypto, or access Buy Now Pay Later (BNPL) credit—all within one app. For businesses, the value is immense, unlocking cross-sell opportunities, leveraging data for personalized journeys, and enhancing customer lifetime value. Payments are the backbone of these platforms, enabling peer-to-peer (P2P) transfers, pay-to-merchant (P2M) transactions, pay-to-government (P2G) services, and diverse cash-in/cash-out methods. Seamless wallet experiences, instant transfers, and integrated payment rails are not just features but the foundation of the ecosystem. Digital onboarding is critical, ensuring compliance with KYC and AML while maintaining user-friendliness. Once onboarded, users gain access to a full spectrum of financial services, from wallet top-ups to advanced offerings like micro-lending and digital asset trading. Companies like FOO are at the forefront of this transformation, embedding wallet functionality, P2P payments, BNPL, P2M/P2G capabilities, and cross-border remittances into super app platforms. However, building such infrastructure is complex, requiring adherence to regulatory frameworks, risk management, and data security while prioritizing user experience. In emerging markets, super apps are leapfrogging financial inclusion, providing underserved populations with secure, affordable, and convenient financial services. Even in mature markets, the demand for consolidated digital experiences is growing as consumers seek integrated solutions to combat app fatigue. The success of super apps hinges on trust and user-centricity. As these platforms accumulate data and expand their influence, transparency, security, and responsible innovation must remain priorities. Compliance, risk management, and security frameworks are not just back-end features but the bedrock of credibility. Competition is intensifying, with traditional banks, fintech startups, and tech giants vying for a share of the super app market. Partnerships will be key to success, leveraging fintech expertise, regulatory knowledge, and consumer trust to deliver scalable, holistic platforms. The rise of super apps marks a new chapter in the evolution of payments, placing them at the center of everyday digital interactions. For fintech innovators, this presents both a challenge and an opportunity—to build complex, compliant systems at scale while redefining value exchange in the digital economy. Super apps are not just the next frontier in payments; they are the foundation of the next generation of digital economies.