Monthly Archives: March 2025

Real Estate

Innovate Living Secures Prime Waterfront Plots on Dubai Islands for AED 1.4bn Ultra-Luxury Development Expansion

Strategic acquisition will shape Dubai’s next frontier of ultra-luxury waterfront living with exclusive, high-value developments.

Dubai, UAE – 05 March 2025: Innovate Living, a leading luxury real estate developer with a legacy of delivering bespoke residential projects, has secured a collection of prime waterfront plots on Dubai Islands in a landmark acquisition, laying the foundation for a long-term AED 1.4 billion (USD 400 million) development pipeline. This strategic move underscores the company’s commitment to shaping Dubai’s residential landscape and being at the forefront of the city’s next-generation ultra-luxury developments.

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Travel & Tourism

Sanad and Lion Air Sign a New Landmark MRO Agreement, Expanding Sanad’s Presence in Southeast Asia

  • The signing of new global customers highlights Sanad’s continued growth, strengthening its position as the global partner of choice for leading airlines.
  • Lion Air, Indonesia’s largest low-cost carrier, operates a fleet of 310 aircraft, stands as the leading low-cost carrier in the APAC region, with an extensive route network of 150 destinations.
  • This agreement underscores Sanad’s advanced engineering and technical capabilities in aviation engine Maintenance, Repair, and Overhaul (MRO), cementing its reputation as a trusted global partner to leading airlines and Original Equipment Manufacturers (OEMs).
  • The five-year agreement further solidifies the Global status of Sanad and reinforces the position of Abu Dhabi’s as a major player in the global aviation industry recognized for its capabilities and world-class talent.
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Business & Investments

ADIB Group Recognised For Excellence in Information Security and Data Privacy With ISO 27001 & ISO 27701 Certifications

UAE, Abu Dhabi, 5 March 2025:  Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has enhanced its commitment to information security and data piracy by achieving the ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications. The certification applies to ADIB’s group operations, including ADIB UAE, ADIB Egypt, ADIB Iraq, ADIB United Kingdom and Saudi Finance Company as well as other companies within the group, demonstrating the bank’s commitment to ensuring the protection of customer data and regulatory compliance across all markets.

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Business & Investments

Mastercard signs strategic collaboration with Mashreq to support its launch as a digital bank in Pakistan

The collaboration involves card portfolios across consumer, affluent, and business segments

Dubai, UAE; 05 March 2025: Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. Announced at a signing ceremony held at Mashreq HQ in Dubai, UAE welcoming leadership from Mashreq and Mastercard, the collaboration is to be on card portfolios across the consumer, affluent, and business market segments.

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Technologies

CrowdStrike Falcon® Cloud Security Supported on Oracle Cloud Infrastructure

Falcon Cloud Security for OCI unifies code-to-cloud protection across multi-cloud environments

Dubai, UAE – March 5, 2025 – CrowdStrike (NASDAQ: CRWD) today announced it is bringing the power of CrowdStrike Falcon® Cloud Security to Oracle Cloud Infrastructure (OCI). 

Cloud intrusions increased 75% last year, highlighting the challenges security teams face with an expanding cloud attack surface and the increasing complexity of managing numerous disjointed tools. Stopping cloud breaches requires a modern platform that unifies visibility and protection across every attack path in today’s hybrid and multi-cloud environments. Falcon Cloud Security combines advanced cloud detection and response (CDR) capabilities with the most comprehensive CNAPP on the market. It provides customers with a single, unified platform that helps secure applications, data, identities, AI models and SaaS environments across all major cloud providers, delivering complete multi-cloud protection.

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