Daily Archives: February 21, 2025

Business & Investments

Al Esely Group Celebrates 35 Years of Excellence and Unveils an Ambitious Vision for Global Expansion by 2035

On the Sidelines of Gulfood 2025 in Dubai, with Attendance from Global Business Leaders

Dubai – In a grand event at Gulfood 2025 in Dubai, Al Esely Group celebrated its 35th anniversary, marking a journey of remarkable achievements and leadership in meat trading, fruits, and import-export. The celebration showcased the group’s ambitious vision for the future, extending to 2035, and attracted a distinguished audience of global business leaders and prominent personalities, further cementing its leadership position in local and international markets.

Recognition of Al Esely Group’s Impact on the Egyptian Market

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Business & Investments

Gulf Craft and Dubai Institute of Design and Innovation (DIDI) Announce Collaboration to Drive Innovation in Yacht Design

Dubai, UAE – 21st February 2025 – Gulf Craft, a global leader in yacht and boat manufacturing, has once again joined forces with the Dubai Institute of Design and Innovation (DIDI) to foster innovation, talent development and educational excellence within the yacht and boat industry. Announced during a formal signing ceremony at the Gulf Craft stand on the second day of the Dubai International Boat Show (DIBS), this milestone marks the third consecutive year of collaboration between the two institutions.

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Business & Investments

Cashfree Payments Raises USD 53 million; Part of Funding to Accelerate Expansion in UAE and Middle East region

  • Funding Round Led by KRAFTON with participation from existing investor Apis Partners
  • Cashfree annually processes USD 80 billion payments to businesses, including in MENA

Akash Sinha, CEO & Co-founder, Cashfree Payments,

Dubai, February 21, 2025: Payments company Cashfree Payments, which processes USD 80 billion in payments annually today said it has raised USD 53 Million in funding, a part of which will help accelerate its expansion and market presence in the UAE and the Middle East region, a rapidly growing hub for digital payments and financial innovation.

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Technologies

HONOR via Qualcomm’s Sponsorship with Manchester United

Bringing 115 Years of Manchester United History to Life with AI Photo Upscale on Magic7 Pro Powered by Snapdragon 8 Elite Mobile Platform


Advanced AI technology brings iconic images from 1910 into the 21st century, celebrating Old Trafford’s 115th anniversary

[Dubai, UAE – February 21, 2025] – To commemorate the 115th anniversary of the first game at Old Trafford, HONOR today announced that its new AI photo upscaling feature on the HONOR Magic7 Pro, powered by the Snapdragon® 8 Elite Mobile Platform6, has revitalized iconic historical photographs of Manchester United’s legendary stadium, nicknamed “Theatre of Dreams” in connection with Qualcomm Technologies, Inc. ’s sponsorship of the club. Since 1910, Old Trafford has been the stage for countless unforgettable moments in world football. Now, HONOR’s AI technology powered by Snapdragon 8 Elite brings these treasured images into the 21st century, enhancing their clarity and detail.

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Business & Investments

IBPC Dubai Event Highlights Key Insights and Opportunities in India-UAE Trade and Food Processing Sector Growth

Dubai, United Arab Emirates

With the food processing sector in the UAE experiencing a remarkable 12.2% compound annual growth rate (CAGR) and projected to reach a USD 50 billion market value in the coming years, the significance of India-UAE trade relations has never been clearer.

Against this backdrop, the Indian Business & Professional Council (IBPC) Dubai hosted a landmark event yesterday, spotlighting this growth and exploring the dynamic potential for collaboration between India and the UAE in the agri-food and food processing sectors.

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