Daily Archives: June 12, 2025

Business & Investments

Al Ain Cooperative Society Becomes ADCOOP

One Unique Brand Across all Abu Dhabi Regions

ADCOOP consolidates six legacy grocery brands under a single identity, reinforcing community roots and aligning with the UAE’s national food security vision.

  • All 34 Al Ain Coop and Earth stores have been rebranded to ADCOOP, featuring refreshed layouts and extensive staff training, for a total investment of AED 5 million.
  • Permanently reduced prices on over 1,300 essential items, supported by a cashback initiative underscoring ADCOOP’s long-term value commitment.
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Business & Investments

MoneyGram Partners with tiqmo

MoneyGram Partners with tiqmo, one of Saudi Arabia’s Fastest-Growing Digital Wallets, to Power Cross-Border Money Movement

As one of the largest cross-border remittance and payment networks in the world, MoneyGram was selected by tiqmo for its global scale and leadership in Saudi Arabia

RIYADH, Kingdom of Saudi Arabia, June 12, 2025 – MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a partnership with tiqmo, the Most Rewarding Financial App in Saudi Arabia. Through this partnership, tiqmo users across Saudi Arabia can now send international money transfers to over 200 countries and territories via the global MoneyGram network.

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Real Estate

Royal Development Holding partners with SAAS to develop a project of AED 1.6 billion with “Autograph Collection” by Marriott in the Emirate of Abu Dhabi

  • Located in Al Reem Island, the premium project marks Royal Development Holding’s first milestone as a luxury real estate developer in the UAE

Abu Dhabi, United Arab Emirates, June 11, 2025: Visionary boutique real estate developer Royal Development Holding – a subsidiary of Emirates Stallions Group (ADX: ESG) – has partnered with UAE-based luxury property developer SAAS Properties to launch its inaugural project, an AED 1.6 billion branded residences development on Al Reem Island, Abu Dhabi’s highly coveted community, as part of the prestigious Autograph Collection by Marriott.

Commenting on the company’s first milestone, Tariq Nazzal, General Manager of Royal Development Holding, said: “We’re proud to tie up with the leading name in the luxury real estate sector, SAAS Properties for the development of Abu Dhabi’s first Autograph Collection Residence.” This collaboration reflects the legacy of trust our brand carries in delivering high-end properties, including branded residences. Our new venture with Marriott is just the beginning of a series of luxury developments that will showcase our innovation, creativity, and craftsmanship in evolving spaces and elevating lives.”

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