Monthly Archives: July 2024

Food & Dining

Waste Less, Win Big: wagamama’s Wasteless Campaign Offers 1000 AED in Meal Rewards

wagamama embraces Environment Month starting from June, inspiring waste reduction efforts and rewarding supporters with 1000 AED worth of meals for aiding their mission to reduce food waste.

United Arab Emirates: Can you earn rewards for being a more responsible and conscious citizen in the UAE? Absolutely. wagamama, the beloved pan-Asian restaurant chain, is launching its Wasteless with wagamama campaign, an ambitious initiative to reduce food waste and minimize environmental impact. Beginning June, wagamama is inviting everyone to join the pledge to waste less, with a chance to win 1000 AED worth of meals at any wagamama location.

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Travel & Tourism

Amadeus and Vistara conclude successful promotion with travel partners in Oman.

Muscat, Oman:Amadeus, a global leader in travel technology and Vistara Airlines successfully collaborated on a joint promotion to support the travel industry during the typically slow period last Ramadan which boosted travel bookings, saw an overwhelming positive response from travel partners and resulted in healthy flight loads and increased incremental segments.

As part of the highest seller incentive, six top-performing travel partners were rewarded with attractive prizes including Apple Watches, Lenovo Tablets, Vistara Premium Economy and Economy tickets, and shopping vouchers. The incentive was designed to motivate and appreciate the hard work of the travel agencies during this period.

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Featured

Great Initiative -Free Food Sewa by PADMAA FOUNDATION

From Humble Beginnings to Beacon of Hope: The Heartwarming Story of Free Food Sewa

Dubai, July 4, 2024 – Amidst the hustle and bustle of our daily lives, it’s easy to overlook the struggles faced by many in our communities. For those battling poverty, homelessness, or simply going through tough times, putting food on the table can be a daunting task. This is where Free Food Sewa by PADMAA FOUNDATION steps in.

Free Food Sewa is an initiative by PADMAA FOUNDATION, based in India, started by a group of like-minded school friends Mr.Dinesh Sahrawat and Mr Umesh Awatramani, and aims at combating hunger by providing free meals to those in need. Sewa, a Sanskrit term that translates to ‘selfless service,’ forms the core ethos of this initiative.

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Real Estate

MAG Partners with MANTRA to Tokenize $500 Million in Assets, Marking a UAE Milestone for Real Estate

United Arab Emirates, Dubai: 3 July 2024 — In a significant move in the global tokenized real world asset sector, MAG, a leading real estate developer in the UAE, announced a major partnership today with MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, which will see the tokenization of half a billion US dollars’ worth of MAG’s real estate portfolio.

With MAG’s total real estate portfolio valued at over US$5bn, the collaboration with MANTRA aims to revolutionize real estate investment through the application of blockchain technology.Starting with Keturah projects – Keturah Reserve in Meydan, Dubai and Keturah Resort atDubai Creekside,the partnership will introduce a real estate financing vault on MANTRA’s purpose-built compliance-ready Layer 1 blockchain. This initial vault product provides investors with an attractive yield derived from an alternate asset class and is backed by the security of blockchain technology.

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Business & Investments

India’s Largest Crypto Exchange CoinDCX Acquires MENA Region’s Crypto Leader BitOasis

  • MENA Market Entry: CoinDCX’s entry into the MENA market represents the first step in its international expansion plan, reflecting the company’s global ambition and unlocking new growth opportunities
  • Regulatory Milestones: BitOasis has recently secured a new licence from the Central Bank of Bahrain (CBB), further solidifying its presence in the region. BitOasis may operate as a broker-dealer in accordance with the permissions granted to it under its VARA issued MVP Operational Licence.
  • Enhanced User Experience: Users can expect enhanced crypto services, access to more tokens, increased liquidity, and improved trading experience.

Dubai, July 3.2024 – CoinDCX, the largest crypto exchange in India, proudly announces the acquisition of BitOasis, the Middle East and North Africa’s leading virtual assets trading platform boasting the highest trading volume in Emirati Dirhams. CoinDCX had previously made a strategic investment in BitOasis in August 2023. 

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