Daily Archives: May 26, 2025

Business & Investments

EDB and RAKBANK Unveil Landmark AED 1 Billion mSME Fund to Supercharge UAE’s Industrial Growth

Landmark partnership unveiled at Make it in the Emirates to empower UAE-based micro, small and medium enterprises (mSMEs) in priority sectors

Abu Dhabi, UAE – 21 May 2025 – In a major boost for UAE-based micro, small and medium enterprises (mSMEs), Emirates Development Bank (EDB) and RAKBANK have announced the launch of a co-financing partnership totalling AED 1 billion to catalyse growth in national priority sectors. The landmark initiative was unveiled at the Make it in the Emirates Forum, held under the patronage of the Ministry of Industry and Advanced Technology (MoIAT) until 22 May at the ADNEC Centre, Abu Dhabi. 

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Featured

The Big Heart Foundation announces AED 7 Million worth of 3 humanitarian projects in Zanzibar

Under the directiveness of Her Highness Sheikha Jawaher Al Qasimi

The Big Heart Foundation announces AED 7 Million worth of 3 humanitarian projects in Zanzibar to benefit over 82,440 beneficiariesThree transformative initiatives to enhance education, essential services, and economic empowerment

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Real Estate

Amirah Developments unveils Bonds Avenue on Dubai Islands

Amirah Developments unveils Bonds Avenue on Dubai Islands as UAE’s real estate asset value exceeds Dh2.5 trillion

Setting a new benchmark for coastal luxury, Bonds Avenue offers contemporary waterfront living in the heart of Dubai Islands, as the emirate celebrates a record breaking year in real estate transactions.

Date: Dubai, UAE; May 26, 2025

Amirah Developments, a Dubai-based real estate developer, today unveils its maiden project, Bonds Avenue, a high-quality residential development poised to redefine luxury living on the newly master-planned Dubai Islands. The announcement comes as the UAE’s real estate asset value exceeds Dh2.5 trillion in recent time.

Bonds Avenue is a testament to architectural excellence and sustainable living. The development     features a curated selection of one-, two-, and three-bedroom apartments, grand four-bedroom penthouses, and expansive three-bedroom townhouses and triplexes within the same complex. Each residence is meticulously designed with organic, flowing forms that break free from conventional design norms, offering residents an extraordinary living experience that prioritises exclusivity and sophistication.

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Business & Investments

Lunate Appoints Mohammed Ali Yasin as CEO of Ghaf Benefits, a Lunate Company

  • Yasin brings over 27 years of experience in the UAE’s capital markets
  • Ghaf Benefits was launched by Lunate earlier this year to enable employers and employees to effectively manage their end-of-service gratuities

Abu Dhabi, 26 May 2025: Lunate, an Abu Dhabi-based global investment management firm, today announced the appointment of Mohammed Ali Yasin as CEO of Ghaf Benefits, the firm’s alternative end-of-service benefits (EoSB) company dedicated to enhancing workplace benefits for private sector employers and employees in the UAE.

Mohammed Ali Yasin

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Entertainment & Celebrity

Victor King Appointed as Ambassador of Certified Long Distance Riders (CLDR) for Middle-East, Africa, and India

May 21st 2025, United Arab Emirates – Long Distance Riders has announced that Victor King, Founder of World of Bikers (WoB), a fast-growing global community uniting motorcycle riders and Co-Founder of Throttle Kings Motorcycle Club, Dubai, UAE, has been appointed as their Ambassador of Certified Long Distance Riders (CLDR) for the Middle East, Africa, and India.

Long Distance Riders (LDR) was founded in 2007 by Jack Powis Jr., who has been a rider for over 50 years, to recognise and certify motorcycle riders who complete endurance challenges. Since its inception, LDR has certified over 2000 riders from across the globe.

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