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Business & Investments

BLACK+DECKER®️ opens its first brand store in the world in Dubai                                                                                                                                

‘BLACK+DECKER®️ opens its first brand store in the world in Dubai, embarks on aggressive omnichannel growth plan’, 

The strategic move marks the brand’s aggressive omnichannel growth plan

Dubai – July 23, 2024:The world’s first BLACK+DECKER ®️brand store is now open at Al Ghurair Center, Dubai. This strategic move marks a significant milestone in BLACK+DECKER ®️ambitious expansion strategy and aligns with its vision to elevate retail footprint, getting closer to consumers and double its revenue growth.

Rahul Chandra

Director, Consumer – BLACK+DECKER ®️ Middle East East

Parmesh Venkateswaran

General Manager – Middle East & Africa, Stanley Black & Decker, INC

Mustafa Riaz

Owner of Al Wifaq

This also marks the first home appliance brand to have a brand store in the region. At a time when the shopping experience is becoming increasingly impersonal, this store aims at bringing back a human touch and an enjoyable shopping experience.

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Business & Investments

Finastra partners with CredAble to deliver a holistic supplychain finance offering to banks globally

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Finastra Trade Innovation, integrated with CredAble’ s supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences

Dubai, UAE – July 23, 2024 – Finastra, a global provider of financial software applications and marketplaces, today announcedits partnership with CredAble, a working capital finance platform, toexpand the functionality of Finastra Trade Innovation. CredAble’sfeature-richplatformis now integrated with the solution, providing new and existing customers with a comprehensivesupply chain finance offering.As a result, banks can acceleratetheir revenue growth,expand their business and increase customer satisfaction by offeringcorporates a wider range of financial services within a single platform.

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Business & Investments

Phoenix Group PLC Expands Global Mining Capacity Opening a New 25 MW Mining Site in Willamette, South Carolina, USA

Abu Dhabi, United Arab Emirates – 23 July 2024, Phoenix Group PLC (PHX), a leading multi-billion-dollar tech conglomerate listed on the Abu Dhabi Securities Exchange (ADX),  today unveiled its new 25-megawatt mining facility in Willamette, South Carolina, USA. This significant expansion introduces an additional 1 exa hash to the company’s mining capacity, enhancing its global cryptocurrency mining capabilities to 18 exa hash.

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Business & Investments

Sahil Sajan Leads Milano by Danube into the Future; Chitrangada Singh Joins as Brand Ambassador

Dubai, UAE, July 23, 2024: Milano by Danube, a leading luxury home solutions brand, celebrated a momentous occasion as Anis Sajan, Vice Chairman of Danube Group, proudly introduced his 23-year-old son, Sahil Sajan, as the new Director of Milano by Danube. The event also marked the official announcement of renowned actor Chitrangada Singh as the brand ambassador of Milano, signaling a new era for the brand.

Milano is known for its quality products and covers a wide range of home solutions, including bathroom fittings, sanitary ware, tiles, hardware, furniture fittings, electricals, safety, and water purifiers.

The event was attended by industry leaders and guests along with the founder and Chairman of Danube Group, Mr. Rizwan Sajan, and Managing Director of Danube Group, who gathered to witness the announcement as Anis Sajan decided to pass on the baton to the next generation. Expressing his confidence in Sahil, Anis Sajan said, “Sahil brings youthful energy, innovative ideas, and a deep understanding of the brand’s core values. I am sure Milano will scale new heights under his leadership.

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Sports & Recreations

AppGallery Gamers Cup (AGC) Featuring Yalla Ludo Rocks Abu Dhabi E-sport Scene in a Thrilling Offline Tournament

Abu Dhabi – 23 July 2024: AppGallery Gamers Cup (AGC) hosted a spectacular E-sport event featuring Yalla Ludo, the region’s leading mobile board game app, on July 20that Pixoul Gaming in Abu Dhabi, UAE. Under the guidance of the Emirates Esports Federation, the electrifying tournament brought together 64 passionate gamers who battled it out for a chance to win a share of the impressive $20,000 prize pool.

The festivities kicked off at 6 pm and kept the adrenaline pumping throughout the evening. Participants showcased their action.

The tournament culminated in a thrilling award ceremony, where His Highness, Sheikh Sultan bin Khalifa bin Sultan bin Shakhboot strategic prowess and competitive spirit in Yalla Ludo, captivating both the live audience and viewers of the live-streamed event. The high-quality broadcast experience ensured fans everywhere could be part of the Al Nehayan, President of the Emirates Esports Federation awarded the first prize winner with a prestigious trophy. The excitement extended beyond the competition, with engaging activities and exciting prizes and giveaways keeping the energy high throughout the evening.

Continue reading AppGallery Gamers Cup (AGC) Featuring Yalla Ludo Rocks Abu Dhabi E-sport Scene in a Thrilling Offline Tournament →