ATHENS, Greece - Tuesday, 17. February 2026
Marking a New Milestone in HELLENiQ ENERGY’s Upstream Portfolio
(BUSINESS WIRE)--HELLENiQ ENERGY, in collaboration with Chevron, signed today the Lease Agreements with the Hellenic Republic for the exploration of four offshore blocks located south of Crete and the Peloponnese, marking a significant milestone for Greece’s upstream development.
The successful consortium, with Chevron at 70% interest and being the Operator and HELLENiQ ENERGY at 30% interest, was selected following a competitive international tender launched by the Greek State in 2025.
The four offshore blocks - South Crete 1, South Crete 2, South of Peloponnese, and Block A2 - cover a total area of approximately 47,000 square kilometers. Under the terms of the Lease Agreements, the Joint Venture will undertake a three-phase exploration program to help assess the hydrocarbon potential of the areas.
The target areas lie in ultra-deepwater settings - some beyond 1,500 meters of sea depth - with complex geological structures.
Andreas Shiamishis, CEO of HELLENiQ ENERGY, commented:
“This new concession agreement represents a strategically important step in HELLENiQ ENERGY’s long-term growth strategy and the further diversification of our portfolio. While investing in the energy transition, we recognize that hydrocarbons will continue to play a critical role in ensuring security of supply for many years to come.
Our participation in offshore exploration reflects a value-driven approach, focused on selective investments and partnerships that combine scale, technical excellence and deep industry experience. The collaboration with Chevron, one of the world’s leading energy companies, significantly strengthens this effort and underlines the importance we place on working alongside partners with proven expertise in complex offshore environments.”
Gavin Lewis, Chevron’s Vice President, Global New Ventures, stated:
“We look forward to working with our partners HELLENiQ ENERGY and the Hellenic Republic to evaluate the hydrocarbon potential of these frontier areas. With our expertise in developing oil and gas projects worldwide, Chevron has the resources, experience, and technology to advance and unlock new energy supplies in this frontier region.”
The signing ceremony took place in Athens in the presence of the Prime Minister of Greece, Kyriakos Mitsotakis and senior representatives from the Ministry of Environment and Energy, Chevron, and HELLENiQ ENERGY.
Signatory parties were the Minister of Environment and Energy, Stavros Papastavrou and the CEO of Hellenic Hydrocarbons and Energy Resources Management company (HEREMA), Aristofanis Stefatos, representing the Greek state, while Chevron and HELLENiQ ENERGY were represented by Gavin Lewis, VP of Global New Ventures, and by Andreas Shiamishis, Group CEO, respectively.
The Lease Agreements are now subject to ratification by the Hellenic Parliament.
About HELLENiQ ENERGY
HELLENiQ ENERGY is one of the leading integrated energy companies in Southeast Europe. Established as HELLENIC PETROLEUM in 1998, with roots dating back to Greece’s first refinery in 1958, HELLENiQ ENERGY has grown to become Greece’s largest company and one of the biggest in SE Europe, by annual revenue. Vigorously pursuing an ambitious transformation strategy, it has evolved into a regional energy leader and currently has presence in 8 countries and growing international operations, with a diversified portfolio spanning across the energy value chain.
HELLENiQ ENERGY is active in the production, supply and trading of all types of energy, with an increasing focus in clean energy and renewables. Its portfolio includes refining, supply and trading of oil and petrochemical products, hydrocarbons exploration and production, as well as fuels marketing, while growing fast in the renewable energy business.
Moreover, HELLENiQ ENERGY is developing an integrated Green Utility strategic business unit, following the 100% acquisition of Elpedison – now rebranded to Enerwave, a Greek power and gas generation and supply company. This new business unit will produce and supply energy -primarily from renewables- directly to the Greek market, delivering on the Group’s commitment to a just, affordable, and secure energy transition.
Headquartered in Athens, Greece, HELLENiQ ENERGY is listed on the Athens Exchange (ticker: ELPE), with a secondary listing on the London Stock Exchange (LSE: HLPD) through Global Depository Receipts (GDRs).
www.helleniqenergy.gr
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Contacts
HelleniQEnergy@secnewgate.co.uk
Wednesday, February 18, 2026
Red Sea Global Reveals ADRENA, a New Adventure and Entertainment District
The first of its kind in the region with more than 20 diverse land and water experiences
(BUSINESS WIRE)--Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA, has revealed plans to open an adventure and entertainment district. It will be unveiled to the public from 1 March, following a soft launch for invited guests from 15 February.
Named ADRENA, it will serve guests from across The Red Sea destination and further afield. Located a short drive from Shura Island, the district will offer visitors unique activities, ranging from surfing to wakeboarding, cliff diving to skateboarding.
Set in a truly unspoiled and natural environment, ADRENA offers day and night entertainment for different moods. After dark, the beach club becomes a place to unwind while a DJ plays rhythmic house music, delicious South American cuisine is accompanied by an especially curated mocktail menu, all served until late into the evening.
"Our unique adventure and entertainment district isn't just about offering thrilling experiences, it's about embodying the freedom of a coastal lifestyle – the energy, the community, the connection with nature. We've built ADRENA with sustainability at its core, demonstrating our commitment to regenerative tourism and ensuring an unforgettable experience for every guest, day and night. We look forward to welcoming visitors in the coming weeks," said John Pagano, Group CEO of Red Sea Global.
Inspired by the words ‘adrenaline’, ‘arena’ and ‘dream’, ADRENA embodies the perfect mix of excitement, energy, and imagination. It is led and managed by Red Sea Sports & Entertainment Co. which also operates WAMA, specializing in water sports, Galaxea offering underwater experiences, and Akun delivering on land adventures. ADRENA is designed to give guests the opportunity to embark on new experiences and try out action sports in world class facilities with an expert team and take their adventures beyond the park and into the wild.
ADRENA will offer a saltwater surf pool, which at 215m long will be the largest in Saudi Arabia when it opens. Waves can reach a maximum height of 2.1m and is customizable based on the skill level of the rider.
There will also be a wakeboarding lake, snorkel trails, an incredible 6m deep diving pool, as well as activities and moments for the whole family including a children’s waterplay area and a floating inflatable obstacle course. There is also a skatepark, a BMX pump track, and areas for beach sports such as football and volleyball. At the more extreme end there is an overwater zip line and a 10m high ‘slip ‘n’ fly’ slide.
ADRENA also features a buzzing social hub, including a beach club, live music programming, and an infinity pool with breathtaking Red Sea sunset views.
The district is designed with accessibility in mind, featuring zero-depth entry at many of the pools and adaptable options for activities like bodyboarding, paddleboarding, diving, and snorkeling. This ensures guests with mobility and accessibility needs can enjoy the facilities.
ADRENA’s design follows RSG's responsible development. It utilizes a sustainable closed-loop system drawing seawater in, filtering and circulating it through the attractions, and then returning it once again clean and filtered. Any freshwater used across the district is reused for irrigation, further minimizing environmental impacts.
The Red Sea welcomed its first guests in 2023 and now has nine hotels open, along with Thuwal Private Retreat off the coast of Jeddah. Red Sea International Airport (RSI) is the gateway to the destination for guests and residents alike and is receiving a regular schedule of domestic and international flights from Riyadh, Jeddah, Dubai, Doha, and Milan.
For more information about Red Sea Global and ADRENA adventure and entertainment district, visit www.redseaglobal.com.
About Red Sea Global
Red Sea Global (RSG) is a vertically integrated real estate developer with a diverse portfolio across tourism, residential, experiences, infrastructure, transport, healthcare, and services. This includes the luxury regenerative tourism destinations The Red Sea, which began welcoming guests in 2023, and AMAALA, which remains on track to welcome first guests this year.
A third destination, Thuwal Private Retreat, opened in 2024 and RSG has also been entrusted with refurbishment works at Al Wajh Airport, focused on upgrading the existing terminal and infrastructure, and building a new international terminal.
RSG is a PIF company and a cornerstone of Saudi Arabia’s ambition to diversify its economy. Across its growing portfolio of destinations, subsidiaries, and businesses, RSG seeks to lead the world towards a more sustainable future, showing how responsible development can uplift communities, drive economies, and enhance the environment.
www.redseaglobal.com
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For more information please contact:
Jack Williams: Public Relations Director jack.williams@redseaglobal.com
ChipAgents Raises $74M to Scale an Agentic AI Platform to Accelerate Chip Design
SANTA CLARA, Calif. - Tuesday, 17. February 2026
Company opens 20,000 sq ft HQ in Silicon Valley to deploy AI Agents to accelerate chip design workflows. Sandeep Bharathi joins Advisory Board.
(BUSINESS WIRE) -- ChipAgents, the category leader for Agentic AI platforms in the semiconductor design industry, announced it has closed an oversubscribed $50 million Series A1 funding round, bringing total capital raised to $74 million. The round was led by Matter Venture Partners, a TSMC-backed HardTech VC firm, with participation from existing investors Bessemer Venture Partners, Micron, MediaTek, and Ericsson.
As part of the investment, Wen Hsieh, Founding Managing Partner of Matter VP, will join ChipAgents' Board of Directors, bringing over two decades of expertise and relationships in semiconductor design and manufacturing.
Building the AI Workforce for Chip Design Companies
This new capital will enable ChipAgents to aggressively scale its Agentic AI platform, expand its engineering and research organization, and accelerate global deployment of multi-agent chip teams. ChipAgents is building the foundational AI infrastructure for chip design, with coordinated AI Agents that can plan, reason, execute, and continuously improve across complex silicon programs. By transforming chip development into an AI-native, outcome-driven system, ChipAgents is redefining semiconductor innovations.
“We’re building an Agentic AI workforce for the semiconductor industry,” said William Wang, CEO and Founder of ChipAgents. “Our multi-agent AI teams are not just copilots or AI assistants; they actually take ownership. They read specifications, break down objectives, discuss and implement solutions, validate results, and iterate relentlessly. This is not incremental productivity software. It’s a revolutionary AI execution platform for silicon design.”
“As chip complexity explodes and experienced chip design talent becomes the limiting factor, the future will belong to hybrid human-AI teams with the best AI Agent infrastructure,” Wang added. “ChipAgents enables small IC design teams to operate like much larger organizations that can move at startup speed. This funding accelerates our mission to make AI-driven chip innovations the default model for how all silicon will be designed, built, and shipped.”
Strategic Partnership with Industry Leaders
The investment by Matter Venture Partners, a VC firm with deep roots across the global semiconductor ecosystem, reinforces confidence in ChipAgents’ vision to build the Agentic AI platform powering the next generation of silicon innovation. With leading foundries fabricating the vast majority of the world’s most advanced chips, alignment with investors embedded in this ecosystem positions ChipAgents at the center of a structural shift toward AI-native chip development.
"The semiconductor industry is entering a phase where the limits to chip design productivity are no longer the tools themselves," said Wen Hsieh, Founding Managing Partner of Matter Venture Partners. "The limits are now talent availability, human bandwidth and design iteration speed. ChipAgents addresses this constraint directly with an Agentic AI platform capable of significantly scaling engineering and design capacity alongside advanced manufacturing progress. As the AI ecosystem demands increasingly complex, higher-performing silicon, we believe ChipAgents will be essential for any chip company that wants to shape the future of AI and compute.”
Market Momentum and Customer Traction
Building on the momentum of its Series A that was completed a few months ago, ChipAgents has achieved 140x year-over-year ARR growth and has expanded deployments to 80 leading semiconductor companies, securing several multi-year, multi-million-dollar licensing agreements. The team has scaled from 10 to 46 employees and relocated its headquarters from Santa Barbara to a new state-of-the-art facility in Santa Clara, placing the company at the center of the global semiconductor ecosystem. Across Tier-1 semiconductor programs in live production environments, ChipAgents is delivering step-function performance gains:
15x faster specification reading and comprehension
240x reduction in formal assertion generation time
100% code and functional coverage through formal verification
400x faster UVM environment generation
These results translate into significantly compressed verification cycles, full design visibility, and a new level of execution velocity across complex digital IC design programs, enabling teams to ship more silicon with greater speed, confidence and control.
World-Class Advisory Board Expands
Sandeep Bharathi, President of Marvell’s Data Center Group, joined ChipAgents’ Advisory Board, bringing over two decades of experience leading chip development for hyperscale cloud and enterprise infrastructure. His expertise in scaling complex SoC programs from design through high-volume production will help guide ChipAgents through its rapid growth.
“Semiconductor development continues to grow in complexity as systems scale across cloud and enterprise infrastructure. The industry must rethink how engineering teams are supported. ChipAgents is exploring how AI can create design and verification workflows, and I look forward to advising the company as it advances this mission,” said Sandeep Bharathi.
Bharathi joins an advisory board that already includes Wally Rhines, former CEO of Mentor Graphics (now Siemens EDA); Raúl Camposano, former CTO of Synopsys; Jack Harding, former CEO of Cadence; John Bowers, Electrical Engineering pioneer, and Erez Tsur, former CEO of Cadence Israel.
About ChipAgents
ChipAgents is an Agentic AI platform that transforms specifications and code into production-ready RTL, verification assets, and automated root-cause analysis, dramatically shortening design and verification cycles. Founded in 2024, the company brings autonomous AI Agents into production semiconductor workflows, serving both design and verification engineers and embedded systems teams at leading semiconductor companies worldwide. The company is headquartered in Santa Clara, California. For more information, visit chipagents.ai
About Matter Venture Partners
Matter Venture Partners is a Silicon Valley-based venture capital firm backing exceptional founders building the most advanced semiconductor, electronics, and Physical AI innovations. With decades of operational expertise and deep strategic relationships, Matter Venture Partners pairs technical insight with long-term conviction to help scale category-defining HardTech startups.
www.mattervp.com
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Contacts
Media Contact:
press@alphadesign.ai
Tuesday, February 17, 2026
Esri and Pix4D Launch Real-Time Terrestrial Mapping Workflow
Alliance Brings Seamless Integration of Asset Data into ArcGIS for PIX4Dcatch Users
Pix4D joins with Esri to launch new terrestrial scanning workflow for infrastructure-focused organizations.
Esri and Pix4D workflow lets field teams capture accurate 3D models and augmented reality using PIX4Dcatch app data integrated directly into ArcGIS Online in real time.
New integration enables users to document subsurface assets with seamless precision.
Workflow brings high-fidelity, georeferenced documentation and instant verification to the project lifecycle for improved accuracy.
Explore the PIX4Dcatch app and publish 3D data to ArcGIS Online.
(BUSINESS WIRE) -- Esri, the global leader in geographic information system (GIS) technology, has launched a terrestrial mapping workflow with Pix4D. A Switzerland-based photogrammetry software company, Pix4D specializes in mobile reality capture and site-digitization. The combined workflow allows field teams to capture and process asset data and manage it within ArcGIS, Esri’s geospatial platform.
Field teams use the PIX4Dcatch app with real-time kinematics (RTK) devices to scan trenches and infrastructure. The generated high precision georeferenced records can now be published into Esri’s ArcGIS Online. Scans become 3D models and point clouds, viewable as a Scene Layer. Existing data can also be visualized in augmented reality for instant “as-designed” versus “as-built” verification before closing trenches.
“We are focused on turning hidden infrastructure into functional data,” said Andrey Kleymenov, CEO of Pix4D. “By connecting PIX4Dcatch with a compatible RTK device to the Esri ecosystem, we are enabling a terrestrial-scanning workflow that allows teams to update a master geodatabase with professional accuracy.”
“We are happy to work with Pix4D to offer infrastructure-focused organizations a seamless, direct path from the field into a geodatabase,” said Thomas Fair, Director, Esri Partner Network. “This new integration with ArcGIS will provide users with high-fidelity documentation of subsurface assets.”
Download the PIX4Dcatch app and start publishing 3D data to ArcGIS Online today.
About Esri
Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in hundreds of thousands of organizations globally, including Fortune 500 companies, government agencies, nonprofit institutions, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial technology and analytics, Esri engineers the most innovative solutions that leverage a geographic approach to solving some of the world's most complex problems by placing them in the crucial context of location. Visit us at esri.com.
Copyright © 2026 Esri. All rights reserved. Esri, the Esri Globe logo, The Science of Where, ArcGIS, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Union, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.
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Contacts
Jo Ann Pruchniewski
Public Relations, Esri
Mobile: 301-693-2643 | Email: jpruchniewski@esri.com
Nexo Returns to the U.S.
MIAMI -
Nexo is relaunching its flagship Yield, Exchange, Loyalty, and Credit Lines in the United States.
(BUSINESS WIRE)--Nexo today announced its formal return to the United States market in 2026. The company’s official U.S. relaunch is being executed in partnership with regulated partners, providing a U.S.-compliant framework for the company’s investment and credit product offerings. Digital asset trading infrastructure is provided by Bakkt, a publicly listed U.S.-based digital asset platform purpose-built to support institutional risk management and compliance.
Nexo’s renewed presence in the United States follows a period of deliberate recalibration and reflects the company’s long-term commitment to operating in markets where regulatory frameworks are evolving, institutional standards are clearly defined, and innovation can be pursued responsibly. The relaunch represents a strategic alignment with clients and partners who prioritize resilience, strong governance, and disciplined risk management in the digital asset ecosystem.
As part of its U.S. offering, Nexo is introducing a comprehensive suite of digital asset services designed to support advanced portfolio management and liquidity needs. These include:
Flexible and Fixed-term Yield programs, enabling clients to accrue returns through investment structures administered within a regulated framework.
An integrated Exchange, providing access to digital asset buying and selling through a single, optimized interface.
Crypto-backed Credit Lines, offering access to liquidity without the need to liquidate digital assets, with flexible repayment mechanics and support for multiple collateral types.
A Loyalty program, alongside streamlined crypto and fiat on- and off-ramps supported via ACH and wire transfers.
Digital asset trading infrastructure is provided by Bakkt through a partnership that establishes a robust foundation and aligns Nexo’s global platform with U.S. regulatory expectations and best-in-class governance standards. This event marks a significant milestone in the company’s strategy to build an enduring digital wealth infrastructure rooted in trust, innovation, and long-term value creation.
With over $371 billion in processed transactions, Nexo continues to deliver secure, institutional-grade digital asset solutions globally. Its return to the U.S. marks the firm’s conviction that the next chapter of digital asset adoption will be shaped by regulatory clarity, institutional-grade standards, and responsible growth.
Nexo’s renewed U.S. footprint comes on the heels of its ongoing global expansion, which further reflects its worldwide brand partnerships. The company recently became the first-ever Title Partner of the ATP 500 Nexo Dallas Open in a multi-year agreement. Across the Atlantic, Nexo is the inaugural Digital Asset Partner of the Audi Revolut F1 Team, the Official Digital Assets Partner of the DP World Tour, and the Australian Open. Beyond sports, the company has expanded its footprint in Latin America through the strategic acquisition of CNV-registered Virtual Asset Service Provider Buenbit in Argentina.
About Nexo
Nexo is a premier digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. Our mission is to lead the next generation of wealth creation by focusing on customer success and delivering tailored solutions that build enduring value, supported by 24/7 client care.
Since 2018, Nexo has provided unmatched opportunities to forward-thinking clients in over 150 jurisdictions. With over $371 billion processed globally, we bring lasting value to millions worldwide. Our all-in-one platform combines advanced technology with a client-first approach, offering a Flexible and Fixed-term Yield product, crypto-backed loans, sophisticated trading tools, and liquidity solutions, including the first crypto debit/credit card. Built on deep industry expertise, a sustainable business model, robust infrastructure, and stringent security, Nexo champions innovation and long-lasting prosperity.
Official website: nexo.com/en-us
About Bakkt
Founded in 2018, Bakkt is building the backbone of next-generation financial infrastructure. The company provides solutions that enable institutional participation in the digital asset economy — spanning Bitcoin, tokenization, stablecoin payments, and AI-driven finance. With the scale, security, and regulatory compliance demanded by global institutions, Bakkt is positioned at the center of a generational transformation in what money is, how it moves, and how markets operate. Bakkt is headquartered in New York, NY.
For more information, visit: https://www.bakkt.com/ | X | LinkedIn | Instagram
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Contacts
Media contact for Nexo
Nexo Communications Team
communications@nexo.com
Media contact for Bakkt
bakkt@lunapr.io
Ohana Development Launches USD 4.1 Billion ‘Manchester City Yas Residences by Ohana’ in Abu Dhabi
Abu Dhabi, United Arab Emirates - Tuesday, 17. February 2026
Ohana Development, a leading UAE real estate developer, has officially launched ‘Manchester City Yas Residences by Ohana,’ a USD 4.1 billion gated waterfront community on Yas Canal in Abu Dhabi and Manchester City F.C.’s first branded residential project globally.
The project was launched at Etihad Park in Abu Dhabi, in the presence of Husein Salem, CEO, and Mustafa El Sammak, COO, of Ohana Development as well as Ferran Soriano, CEO of City Football Group.
During the event, the Abu Dhabi Real Estate Centre announced the digitisation of Expressions of Interest and booking processes for off-plan purchases through its Madhmoun platform, introducing a new regulated framework in Abu Dhabi. Registrations will operate under ADREC’s direct supervision with mandatory escrow management, strengthening investor protection, transparency and governance.
The project will span 1.67 million square metres, and will offer over 2,000 residential units, including six villa clusters dedicated to 4- and 5-bedroom villas and twin villas, maisonettes, waterfront penthouses, and apartments. Average prices for standalone villas are USD 1.9 million.
Located on Yas Canal, adjacent to Ferrari World Abu Dhabi and SeaWorld Abu Dhabi, the development sits within one of the capital’s most vibrant districts. Completion is scheduled for 2029.
At the project’s core is an integrated Manchester City Academy, with elite training and recovery facilities aligned with the club’s approach to player development.
A waterfront promenade along the canal brings together curated retail, dining, and lifestyle destinations, including the City Café. Additionally, the project features the Match Day Terrace, the City Lounge, and immersive experiences that celebrate the club’s history.
A marina sports club and water sports facilities offer kayaking, paddleboarding and sailing, complemented by resort-style amenities such as advanced fitness centres and infinity pools. Over 55% of the masterplan is dedicated to landscaped gardens and green spaces.
In his comments, Husein Salem, said: “The launch of Manchester City Yas Residences by Ohana reflects our continued commitment to delivering landmark developments from our home base in Abu Dhabi. The project underscores our long-term dedication to the emirate and our ambition to contribute to its global prominence through thoughtfully designed, future-ready communities.”
The masterplan also integrates essential community infrastructure, including education and healthcare services.
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Contacts
Anjali Rajvardhan
anjali@ciceroandbernay.com
Rasan Reports Record FY 2025 Results with 82% Revenue Growth to SAR 653 Million and Adjusted Net Income Nearly Tripling
Strong Performance Across All Key Metrics Underscores Platform Scalability and Market Leadership
Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in Saudi Arabia, today announced record financial results for the full year ended 31 December 2025.
Financial Highlights:
- Revenue: SAR 653 million, up 82% year-over-year
- Gross Profit: SAR 465 million, up 95% year-over-year, with margin expanding to 71.2% from 66.5%
- Adjusted EBITDA: SAR 293 million, up 158% year-over-year, with margin reaching 44.9% versus 31.7% in FY 2024
- Adjusted Net Income: SAR 269 million, up 184% year-over-year
- Reported Net Profit: SAR 247 million, up 161% year-over-year
- Gross Written Premiums (GWP): SAR 8.5 billion, up 30% year-over-year
Business Performance:
Rasan delivered strong growth across all business segments, with Motor Retail, Motor Leasing, and Health all demonstrating robust momentum. The company successfully launched multiple new products during the year including Health Individual, Home, Protection & Savings, and Domestic Helper Contract insurance, reinforcing its commitment to platform expansion and product diversification.
Strong Operating Leverage:
Adjusted EBITDA margin expanded by 13.2 percentage points, demonstrating significant operating leverage as revenue grew 82% while operating expenses increased at a substantially lower rate. Adjusted net income margin reached 41.2%, up 14.8 percentage points, supported by the company's capital-light model and higher investment returns. Rasan maintains a conservative, debt-free balance sheet.
Management Commentary:
"2025 was a landmark year for Rasan. We delivered record results across every key metric, firmly establishing our position as the Kingdom's leading insurtech and fintech platform," said Moayad Alfallaj, Co-founder and CEO. "These results demonstrate the strength and scalability of our platform-driven model, converting strong top-line growth into exceptional profitability. We are well positioned to accelerate our growth trajectory, deepen our integration across the Kingdom's financial ecosystem, and continue delivering on our mission aligned with Vision 2030."
About Rasan:
Rasan operates digital platforms including Tameeni, Saudi Arabia's leading insurance aggregator, and Treza, a digital motor leasing platform. The company delivers technology-driven financial solutions, partnering with insurance companies and financial institutions. Rasan's strategy is aligned with Vision 2030, contributing to financial inclusion and digital transformation.
For the full press release, please visit: This Link
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