Daily Archives: December 12, 2024

Business & Investments

Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences

  • Held under the patronage of the UAE Ministry of Energy & Infrastructure, the 49th edition of Middle East Energy will span 16 DWTC halls and run from 7-9 April 2025
  • Conference tracks will double for 2025, with the addition of three new CPD-accredited summits, including the first Battery Show Middle East

Dubai, UAE – 11 December 2024: The expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, product sectors and conferences when it takes place at Dubai World Trade Centre (DWTC) next year.

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Business & Investments, Technologies

Direct Debit System acquires UK-regulated ElseWare in East-to-West technology transfer

UAE’s first paperless direct debit marketplace initiates ambitious expansion plans

December 12,2024 : Dubai, UAE: Direct Debit System, the UAE’s first paperless direct debit marketplace, has launched the first phase of its ambitious overseas expansion plans with the acquisition of UK-regulated company, ElseWare Ltd. The move counters the traditional trend of technology transfer from West to East, as the home-grown UAE fintech firm expands its product range into an established international marketplace.

Elaine Jones, Chairman of Direct Debit System

ElseWare Ltd has been a software provider in the UK’s BACS marketplace for almost 30 years. Through its core product, Front2BAX, customers can make and collect paperless direct debits and autogenerate payments if required. Direct Debit System’s acquisition of ElseWare is a strategic move on the back of the introduction of the UAE’s instant payment platform, Aani, to diversify into territories that have similar regulated instant payment solutions. 

Russell Saunders, Chair of ElseWare

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Real Estate

Tranquil Infra Developers Launches with Investments over $50M in UAE’s Real Estate Market

Blossom76 – Luxury Residential Urban Lifestyle Project Unveils in JVC – District 17

UAE: 12th December 2024: With a visionary team of industry veterans, Dubai is increasingly growing into an ideal investment hub with high sales and rental returns. Tranquil Infra, a boutique developer that specializes in niche real estate projects is at the forefront of reshaping Dubai’s skyline unveiling Blossom76, an epitome of true elegance with exceptional living, rising majestically in the heart of Jumeirah Village Circle, Dubai.

Blossom76 offers 111 residences – Spacious Studios, 1 Bed Apartments with Study and Plunge Pool, 2 Bed Apartments with Laundry, Study, and a Private Plunge Pool.  Recreational Amenities include a beautiful mix of Kids play area, Swimming pool with a Water feature, Panoramic Rooftop Gym, Yoga Space, BBQ & Outdoor Deck, with retail spaces on the ground floor and a lot more. Contemporary Design with Premium Fixtures & Fittings, Blossom76 is the right blend of style and luxury. Starting at AED 595,888/-, this architectural marvel is designed where each residence exudes an unmatched grandeur and exquisite lifestyle for the modern cosmopolitans.

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