Daily Archives: June 10, 2024

Business & Investments

Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate

Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate

Ras Al Khaimah, 10 June 2024: His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah.

A subsidiary of Sobha Group,  Sobha Modular Industries manufactures aluminium facades and bathroom pods with the use of cutting-edge AI-based CNC machines and robotics in its 250,000 m2 facility. The new manufacturing unit boasts a production capacity of 50 pods per day, with plans to double this output by year-end. It also produces 1,800 m2 of aluminium products daily, with major upgrades on the horizon. Moreover, this set-up is expected to create over 3,000 jobs in the region, contributing to local employment opportunities.

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Featured

Emirates Environmental Group Celebrates 27th Annual Emirates Recycling Awards on World Environment Day

Emirates Environmental Group Celebrates 27th Annual Emirates Recycling Awards on World Environment Day

Dubai, UAE – June 5, 2024

Under the esteemed patronage of H.H. Engr. Sheikh Salem bin Sultan bin Saqr Al Qasimi, the Emirates Environmental Group (EEG) proudly celebrated the 27th Annual Emirates Recycling Awards on World Environment Day. This year’s event, held at Dubai Knowledge Park, brought together a diverse audience representing academic institutions, government bodies, private enterprises, the diplomatic corps, families, and the media.

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Business & Investments

Aura wins Eureka! GCC 2024 Grand Prize for the most innovative start-up company  

Aura wins Eureka! GCC 2024 Grand Prize for the most innovative start-up company  

  • The Eureka! GCC 2024 competition to choose the GCC’s most innovative and promising startup companies saw Aura beat nine other finalists for rhe prestigious Grand Prize title and a share of the US$100,000 prize pool
  • Eureka! GCC 2024,powered by Gulf Islamic Investments (GII), attracted over 300 Gulf-based startups, competing in one of Dubai’s largest events for business innovation and entrepreneurship

Dubai, UAE, June 7th 2024 – Eureka! GCC 2024, Asia’s largest business model competition, reached its culmination as Aura was declared the winner of the Eureka! GCC title and its Grand Prize at a gala dinner at the Hilton Al Habtoor City, Dubai, this evening (4th June).

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Business & Investments

UAERG Food Service Forum and IMAGES RetailME Food Business Forum

Mohamed Alabbar, Founder of Noon, urges industry leaders to focus on innovation at UAERG Food Service Forum and IMAGES RetailME Food Business Forum

UAERG Food Service Forum and IMAGES RetailME Food Business Forum,
 MENA’s premier knowledge-sharing platforms for food service (HoReCa) and food & grocery retail in its inaugural edition brought forward industry leaders from across MENA under one roof.

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Real Estate

AJMAL MAKAN unveils Al Thuraya Island project

AJMAL MAKAN unveils Al Thuraya Island project redefining standards of luxury real estate development

Sharjah – 09 June 2024: AJMAL MAKAN Real Estate Development, a leading developer of urban and mixed-use developments, launched its new state-of-the-art architectural masterpiece – Al   Thuraya Island – in AJMAL MAKAN city on Sharjah waterfront. The launching ceremony was held at the company headquarters in Sharjah.

The launch of Al Thuraya Island reflects the ambitious vision of AJMAL MAKAN to redefine the standards of opulent lifestyle. In line with this, the project seeks to set new standards for the real estate landscape by developing an exquisite architectural masterpiece that is capable of addressing the growing demand for residential units especially in the luxury segment. The developer’s efforts are also a testament to its commitment to reinforcing the reputation of Sharjah as a leading residential, investment and commercial hub while contributing to the progress of the real estate industry of the emirate as well as the country.

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