Beyond the benefits of UAQ FTZ, Umm Al Quwain’s broader appeal as a business destination is increasingly gaining recognition
Business
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Brand View
Brand with Amir launches strategy division to redefine influence for UHNWIs
The new division is not an expansion—it’s a reinvention of how the ultra-wealthy approach personal branding
Dubai
Dubai World Trade Centre generates $3.5bn economic output in 2024
DWTC hosted 100 large-scale exhibitions, international association conventions, and industry conferences
AI strategy
DIEZ’s AI strategy attracts 700 specialised companies to its economic zones
Executive chairman Mohammed Al Zarooni hails the impact of the three pillars and 12 high-impact initiatives launched by DIEZ
Bain & Company
Bain & Company doubles Doha office size in Qatar growth push
The firm’s expanded presence signals continued confidence in Qatar’s market as the country pushes forward with economic diversification plans after hosting the 2022 FIFA World Cup
Dubai
Dubai South logistics district welcomes new Expeditors International facility
Expeditors, a Fortune 500 global logistics company headquartered in Bellevue, Washington, employs trained professionals across 176 district offices and numerous branch locations on six continents
Saudi Arabia
JLL strengthens facilities management division in Saudi Arabia amidst booming market
The company also announced appointing Jawad Altamimi as Head of Property & Facilities Management Consultancy for MENA region
Dubai
Dubai Chamber of Commerce reports record growth with 70,500 new members in 2024
This highlights Dubai’s strengthening position as a global investment destination
BSA
BSA Media Trading Group appoints Sheikh Mana as chairman
Sheikh Mana, known for his accomplished career in both academic and military fields, is expected to strengthen BSA’s leadership in the market
Pakistan
Pakistan fintech PostEx to disrupt e-commerce sector in Saudi Arabia, UAE with upfront payment solutions to merchants
Company founder Khan says while there are existing players in both markets, their hybrid solution will make it unique in both Saudi Arabia and the UAE
Cartona
Egypt-based B2B platform Cartona raises $8.1 mn in funding
The latest fundraising includes $2.5 million in debt capital from leading debt providers such as Camel Ventures and GlobalCorp
Business forum
Sharjah Chambers’ trade mission to India holds bilateral business forum meet in Chennai
The trade mission will hold a similar bilateral business forum meet in Mumbai during its current visit
Automotive
Dubizzle Group boosts automotive offering with Drive Arabia acquisition
Dubizzle Group’s immediate plans for the brand include injecting significant investment into the platform, the CEO says
Business
UAE: Apex Investment PSC reports 625 percent net profit surge in Q1 2024
Apex CEO stated strong results were from the company’s focus on transformation and optimisation in 2023
Dubai
Dubai SME announces new support for businesses affected during heavy rains
Dubai SME members who own small and medium-sized enterprises (SMEs) will have access to financial assistance in the form of interest-free loans
Dubai
E7 Group shareholders approve 1:10 split of shares
Issued at a face value of AED2.5 at the time of the IPO, the company expects its decision will increase the liquidity of shares in the market
Roasters Specialty Coffee House
Dubai’s Roasters to embark on massive UAE, Middle East specialty coffee expansion
The celebrated coffee chain is also poised to lead the way into the future of coffee in Dubai and beyond, with each of its new outlets scripted to offer a distinct ambiance and menu