Daily Archives: June 2, 2025

Business & Investments

Blis named ‘AdTech Platform of the Year,’ bags 4 awards at MMA SMARTIES MENA 2025

Blis secured two Golds in ‘Data & Insights’ and ‘Real-Time Marketing’ categories and a Bronze in ‘Programmatic’ category claiming the crown of ‘AdTech platform for 2025’

UAE, 02 June 2025: Blis, a leading privacy-first, location-powered programmatic omnichannel advertising platform and a subsidiary of JGroup, has been crowned ‘AdTech Platform of the Year’ at the highly anticipated MMA SMARTIES MENA 2025. The company also clinched two Gold awards in the categories of ‘Data & Insights’ and ‘Real-Time Marketing’, as well as a Bronze award in ‘Programmatic’, affirming its leadership in delivering data-driven advertising solutions that generate tangible business outcomes.

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Business & Investments

Spark Capital PWM establishes strategic presence in DIFC to serve global Investors

  • Spark Capital, through its Investment Banking, Asset Management and Private Wealth Management services, has evolved into an integrated financial services institution in India.
  • Spark Global PWM Private Limited, a CAT4 firm regulated by Dubai Financial Services Authority, the independent regulator for business conducted from or within Dubai International Financial Centre (DIFC), operates as a subsidiary of Spark Capital’s Private Wealth Management business and the new office will serve as a hub for its Middle East operations.
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Business & Investments

Al Seer Marine and B International Shipping & Logistics Launch New JV, securing AED 660 million LPG Charter Deal with BGN

  • ‘ASBI Shipping FZCO’ is the new joint venture between Al Seer Marine’s ASM Nautical Holding and B International Shipping & Logistics– an affiliate of the BGN group of companies.
  • ASBI has secured two 22,000 cbm semi-refrigerated vessels, chartered for 10 years by BGN INT DMCC to serve growing LPG demand.
  • Abu Dhabi Commercial Bank provided AED 210M in secured term loans for the vessel purchase

Abu Dhabi, Monday 2nd June 2025, Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of IHC (ADX: IHC), has partnered with B International Shipping & Logistics, an affiliate of top energy trader BGN, to launch a Joint Venture ‘ASBI Shipping FZCO’. This new joint venture will own and operate mid-sized liquefied petroleum gas (LPG) and product tankers, strengthening regional and global LPG logistics.

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Real Estate

MAG Group Holding Launches Riviera Heights, First Phase of Jordan’s Marsa Zayed Red Sea Beachfront Community

The first phase of Aqaba’s landmark residential, office, and commercial development project will bring a new era of luxury and connectivity to Jordan’s Red Sea coast

Abu Dhabi, UAE – 2 June 2025: MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan’s largest mixed-use beach front community.

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Automibiles & Motoring

Dubai’s US$10 billion infrastructure spending key to the growth of the commercial vehicle market  

Ahead of the 2025 edition of Automechanika Dubai, experts from Frost and Sullivan shared the latest industry insights for the commercial vehicle market

Captured by Lights In Motion

Dubai’s allocation of US$10 billion towards infrastructure spending and Saudi Arabia’s US$267 billion in infrastructure investments have been highlighted as key contributors to industry growth

The latest automotive advancements and regional industry updates will be showcased at Automechanika Dubai from 9 to 11 December

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