Monthly Archives: June 2024

Business & Investments

KEZAD Group signs lease agreement with NMDC Energy for AED 367m manufacturing facility in Abu Dhabi

KEZAD Group signs lease agreement with NMDC Energy for AED 367m manufacturing facility in Abu Dhabi

224,000 sqm facility in KEZAD will enhance the emirate’s standing in the marine engineering industry

Abu Dhabi, UAE – 03 June 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), today signed an agreement for the establishment of a new manufacturing facility in KEZAD.

The 50-year lease agreement signed at the Make It In The Emirates Forum 2024, will see NMDC Energy invest AED 367 million ($100 million) in a 224,000 sqm facility in KEZAD, designated for modular fabrication.

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Business & Investments

Audiomatic, Socialee, and PaySky Takes Top Prize at Entrepreneurship World Cup 2024 National Finals in Dubai

Audiomatic, Socialee, and PaySky Takes Top Prize at Entrepreneurship World Cup 2024 National Finals in Dubai

  • Startups take top spot out of more than 100 applicants from across the UAE

Dubai, United Arab Emirates; 3rd June 2024: In a collaborative effort, the Entrepreneurship World Cup 2024, Startupscale 360 (the UAE National Organiser), and Al Ghurair (National Co-Host) are proud to announce the winners of this year’s Entrepreneurship World Cup, a global pitching competition geared at empowering outstanding start-ups. The event, which took place on Friday 31st May at Swissotel Al Ghurair, Dubai, reflected the UAE’s vibrant entrepreneurial spirit and innovation landscape.

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Business & Investments

Malabar Gold & Diamonds with a New Concept outlet at Al Wahda Mall

Malabar Gold & Diamonds Redefines Jewellery Shopping with a New Concept outlet at Al Wahda Mall; Inaugurated by Kareena Kapoor Khan

Malabar Gold & Diamonds, the sixth-largest jewelry retailer worldwide, has introduced their innovative showroom experience concept at Al Wahda Mall in Abu Dhabi, UAE, transforming the experience of jewellery shopping. With more than 350 outlets spanning across 13 countries, Malabar Gold & Diamonds continues to redefine the way customers engage with fine jewellery.  

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Business & Investments

4th Regulatory Conference focuses on initiatives and efforts in building secure and transparent banking

4th Regulatory Conference focuses on initiatives and efforts in building secure and transparent banking

Abu Dhabi, United Arab Emirates; 03 June 2024

The fourth edition of the Regulatory Conference, organised by UAE Banks Federation, the sole representative and unified voice of UAE banks, focused on efforts to enhance compliance with laws, regulations and regulatory guidelines and to meet the highest standards of governance, transparency and risk management in the UAE banking sector.

The annual event is part of the Federation’s initiatives to promote a safe and secure financial sector in line with the directives of Central Bank of the UAE, which is working to develop an appropriate framework to maintain the UAE’s leading position as a global financial and banking hub.

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Entertainment & Celebrity

Sitar maestro, Purbayan Chatterjee set to mesmerise music lovers in Dubai

Sitar maestro, Purbayan Chatterjee set to mesmerise music lovers in Dubai

Dubai – June 3, 2024: The 4th edition of “Swaralaya Symphony on Strings” concert is set to enchant audiences on June 9, 2024, at the Emirates Theatre in Jumeirah, Dubai. The show will commence at 7:00 PM, featuring an extraordinary fusion of Indian classical music and modern music, led by Purbayan Chatterjee, the acclaimed Sitar maestro and President of India Awardee.

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