Richmax Group has officially launched its Travel & Tourism Division in Dubai, marking its entry into the Gulf market and initiating its international expansion strategy. This new venture is set to commence operations in July 2024, establishing Dubai as the cornerstone for Richmax’s broader ambitions in the GCC region. Chairman Adv. George John Valath stated...
Apparel Group has successfully launched the first MLB store in the UAE, marking the premium streetwear brand’s entry into the Gulf Cooperation Council (GCC) market. The grand opening took place at Dubai Hills Mall and attracted numerous fashion enthusiasts, influencers, and media representatives, who celebrated the blend of street style and sports heritage that MLB...
PeopleStrong, a prominent provider of human capital management (HCM) software as a service (SaaS), announced today that Goldman Sachs Alternatives has acquired a majority stake in the company. This investment marks a significant step in PeopleStrong’s growth strategy within the Gulf Cooperation Council (GCC) region, particularly targeting markets in the UAE and Saudi Arabia. The...
UAE-based healthtech company Valeo Health has successfully raised $12 million in its Series B funding round, increasing its total funding to $20 million. This announcement was made in a recent press release, highlighting the company’s strong position in AI-driven healthcare solutions. The funding round was led by Flintera, with participation from existing investors including Nuwa...