All posts by uaenews247

Business & Investments

Tally Solutions acknowledges exceptional businesses during the MSME Honours event

  • The MSME Honours celebrates the diversity and impact of MSMEs on their communities and the broader business landscape.

Dubai, UAE, 1st July 2024: Tally Solutions, a leading international Business Management Software provider,  concluded the fourth edition of the MSME Honours by announcing 25 winners in 5 categories on the occasion of International MSME Day.The winners were felicitatedat a grand event in the city for their remarkablecontributions to the MSME ecosystem. The event celebrated remarkable businesses, entrepreneurs, and professionals who have demonstrated unwavering commitment, innovation, and resilience in their fields.

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Business & Investments

Malabar Gold & Diamonds Introduces NUWA Diamond Collection, Unveiled by Kareena Kapoor Khan

Dubai, 01st July 2024

Malabar Gold & Diamonds, sixth largest jewellery retailer globallywith a strong retail network of over 350+ outlets spread across 13 countries, unveiled its latest diamond jewellery collection named ‘NUWA’ at a grand event in the UAE.

Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance embodies the very essence of the NUWA collection, making her the perfect ambassador for this launch.

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Business & Investments

WakeCap Acquires Crews by Core to Expand Field Operations Platform

WakeCap Acquires Crews by Core to Expand Field Operations Platform for World’s Largest Construction Projects

WakeCap solidifies itself as a leader in global construction tech with projects in the US, Saudi Arabia, UAE, and Japan

Riyadh and Palo Alto – July 1, 2024 – WakeCap, a leading IoT platform for construction project management, today announced the acquisition of Crews by Core, an AI-powered project delivery platform for the construction industry. The acquisition will create the world’s most comprehensive SAAS and IoT solution for construction mega projects. Through the transaction, WakeCap will open an R&D headquarters in Silicon Valley to solidify its position as a global construction tech leader. 

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Education

Al Mal Capital REIT expands its portfolio through acquisition of another K-12 Educational Asset

Dubai, UAE, 28th of June 2024–Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM, announcedthe acquisition of 100% equity interest in Carnation Education LLC (“Carnation”). Carnation is holding the real estate assets comprising the freehold land and buildings of Kent College Dubai (“Kent College”).

Theschool is built on land with a total plot area of 563,950 square feet and a built-up area of 334,170 square feet. Carnation has leased the land and buildings to Kent College for a 25-year period (initially commenced in November 2017) with agreed lease rentals, which can be further renewed for a similar period, which is in line with the investment mandate of AMCREIT.

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Shopping & Promotions

DSS 2024 OPENING WEEKEND: IT’S TIME TO WELCOME A SUMMER WELL SPENT

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A weekend of dazzling live entertainment, brilliant shopping offers, Kids-Go-Free offers, and endless family fun will kick-start the biggest ever edition of DSS

Dubai, United Arab Emirates, 28 June 2024: The opening weekend ofDubai Summer Surprises (DSS) 2024 is here, marking the start of 10 epic weeks of new and only-in-Dubai experiences, electrifying events, spectacular shopping, unbeatable hotel and attraction offers, and tantalising gastronomy experiences – all at pocket-friendly prices and great value for everyone. With thousands of exceptional offers and sensational things to do, see, experience, and explore across the city, there are more ways than ever to experience a summer well spent in Dubai.

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