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Category: Business
AD Ports Group is set to explore the creation of an industrial zone near Karachi Port and Port Qasim in Pakistan. This ambitious project aims to enhance trade and economic activities, positioning Pakistan as a “world-class marine hub” and a vital gateway to Central Asia. According to a statement from AD Ports Group, Pakistan is...
Emirati sisters Qadreya and Maitha Al Awadhi have successfully turned their passion for healthy baby food into a thriving business called Bumblebee. Based in Dubai, Bumblebee offers freshly made, frozen food specifically designed for babies and toddlers aged six months to six years. The brand’s carefully crafted menu is developed by a pediatric nutritionist and...
A Memorandum of Understanding was signed on February 27, 2025, between the Dhaka Chamber of Commerce & Industry (DCCI) and the Sharjah Chamber of Commerce and Industry. The signing took place at the Sharjah Chamber and aims to promote the export of Bangladeshi products to Sharjah while increasing bilateral investment. Taskeen Ahmed, the President of...
Sharjah Media City, also known as Shams, has recently awarded a design contract for its forthcoming media production hub, Shams Studios. The design work will be carried out by STUDIOI, a UAE-based engineering firm recognized for its previous projects, including The Park Hyatt Hotel in Riyadh and SHA Island near Al-Jurf, Abu Dhabi. Rashid Abdullah...
Merger and acquisition activities in the Middle East and North Africa (MENA) saw a 7% increase in 2024, reaching a total deal value of $92.3 billion, largely fueled by the contributions of Saudi Arabia and the UAE. According to a report by professional services network EY, the region recorded 701 deals, which is a 3%...
The Future 100 initiative, a collaboration between the Ministry of Economy and the Office of Government Development and the Future, has unveiled the Future 100 – 2024 list. This list highlights 100 of the most promising startups and scaleups based in the UAE that significantly contribute to the competitiveness of the country’s future economy. The...
Merchlist, recognized as the UAE’s leading provider of custom-branded merchandise, has introduced a new platform aimed at transforming corporate gifting. This innovative platform allows businesses to enhance their brand presence and strengthen relationships with clients and employees. Merchlist has successfully served over 2 500 organizations across the UAE and Saudi Arabia, establishing itself as a...
The Ras Al Khaimah Economic Zone (RAKEZ) recently organized a session called ‘Maximising Marketing Impact with Minimal Spend’ at the Compass Coworking Centre. This event aimed to assist entrepreneurs and business owners in enhancing their brand visibility without incurring significant expenses During the session, Chris Redmond, CEO of RedHolt, shared his experiences in successfully scaling...
Bahrain-based Investcorp has successfully acquired two industrial portfolios located in Minneapolis and Baltimore. The transaction, valued at more than $335 million, reflects the firm’s ongoing strategy in the US real estate market. The portfolios consist of a total of 27 properties, encompassing 2.7 million square feet of space. Investcorp, recognized as the largest alternative investment...
Transguard Group, based in the UAE, has entered into a strategic partnership with the DIFC Innovation Hub to promote digital transformation in smart building solutions. This collaboration is noteworthy as Transguard becomes the first and only facilities management (FM) provider to partner with the DIFC Innovation Hub. The goal is to improve efficiency, sustainability, and...