Monthly Archives: October 2024

Business & Investments

Gargash Group and Mashreq sign a strategic partnership on Sustainable Finance

Gargash Group Leverages Sustainable Financing to Bolster Comprehensive Sustainability Efforts

DUBAI, OCTOBER 2, 2024 — In a strategic step towards achieving its sustainability goals, Gargash Group, a leading business enterprise in the UAE, has partnered with Mashreq, one of the leading financial institutions in the MENA region. This collaboration, officially inaugurated with an MoU signing ceremony at the Mercedes-Benz Brand Center in Dubai Design District, was crystalized with their debut Green Loan that was extended earlier for a number of projects across Gargash Group. The two institutions are also in discussion on future ESG integration initiatives for the Group, including but not limited to other Sustainability-Linked facilities.

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Business & Investments

WizzFinancial appoints Samir Vidhate as CEO of Xpress Money

DUBAI [October 3rd, 2024]: WizzFinancial Group, a global fintech platform specializing in local payments and cross-border remittance, foreign exchange, lending, and payment gateway solutions, has announced the appointment of Samir Vidhate as Chief Executive Officer of Xpress Money, its B2B money services division. Based in the Abu Dhabi Global Market (ADGM) and regulated by the Financial Services Regulatory Authority (FSRA), Xpress Money is a key player in WizzFinancial’s expanding cross-border payments and lending ecosystem.

Samir Vidhate brings over two decades of experience in the cross-border payments and financial services industry, having previously led global expansions and established strong industry partnerships. His leadership will drive Xpress Money’s continued success, supporting its mission to deliver seamless, secure, and accessible financial services globally.

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Real Estate

London Gate and Franck Muller elevate their strategic partnership –

London Gate and Franck Muller elevate their strategic partnership – Announce second major project – Franck Muller Vanguard Tower, Valued at AED 1.6 Billion

Dubai, UAE – October 2024 – After the huge success and sell-out of the Franck Muller Aeternitas Tower, London Gate, UAE’s premium real estate developer and Franck Muller, the leading Swiss luxury watch manufacturer, have now unveiled their next big project – Franck Muller Vanguard Tower. An extraordinary luxury development set in the heart of Dubai Marina, this new project follows the success of their first collaboration. It aims to redefine the branded real estate landscape in Dubai. Franck Muller’s world-renowned design innovation converges once again with London Gate’s expertise in crafting exceptional residential spaces. Valued at AED 1.6Billion, the Franck Muller Vanguard Tower will offer an unmatched luxury lifestyle experience, with residences starting from AED 1.25MN and a planned handover by September 2027.

According to Morgan’s 2024 report on Dubai’s Branded Residences, the number of units produced in 2024 rose almost 50% from 2022, currently accounting for 7.2% of all property transactions in Dubai. 

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Featured

Informa Connect Academy Announces Global Partnership with The Center for Leadership Studies

26th September, 2024, Dubai, United Arab Emirates: Informa Connect Academy, a leading force in learning and training, is thrilled to announce an exciting new partnership with The Center for Leadership Studies (CLS), the global home of the Situational Leadership® Model, to provide further impact for leadership development across the globe, making the renowned leadership framework more accessible to clients worldwide.

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Technologies

HONOR Magic V3: World’s First Display Designed to Reduce Eye Strain with AI Defocus Display Technology

With an unwavering commitment to human-centric innovation, HONOR continually strives to pioneer and improve its eye protection solutions. The journey began with the debut of the 1st generation HONOR Eye Comfort Display in the HONOR 90 Series, which redefined the role of smartphones in safeguarding healthy vision.

While other smartphone manufacturers focus on preventive measures, HONOR has taken bold steps to go beyond, leveraging cutting-edge on-device AI capabilities to devise a solution that reduces nearwork induced transient myopia (NITM): AI Defocus Display Technology[1].

This is a testament to HONOR’s dedication to improving users’ wellbeing and forward-thinking approach towards eye-care innovation.

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