All posts by uaenews247

Real Estate

Source of Fate launches AED 2.6 billion luxury waterfront development ‘Miraggio’ on Al Marjan Island

UAE, October 01, 2025: Source of Fate, a high-end luxury real estate developer in the UAE, under the Wheel of Fate Group, has unveiled ‘Miraggio,’ an AED 2.6 billion luxurious waterfront residential project on the central islet of Al Marjan Island, Ras Al Khaimah.

The new development signals a new phase in the Emirate’s transformation into a premier global destination for real estate and investment, with Ras Al Khaimah’s real estate market expanding at a CAGR of 10.05 per cent to 2030. It is strategically located beside Wynn Al Marjan Island and provides unparalleled connectivity to Ras Al Khaimah City Centre, Ras Al Khaimah International Airport, and Dubai.

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Technologies

HONOR ALPHA Flagship Store Launches in Shenzhen, Forging a Global Hub for AI Device Ecosystem

SHENZHEN, China – October 1, 2025 – Global AI device ecosystem brand HONOR has officially inaugurated its ALPHA Global Flagship Store at Shenzhen Bay MixC, positioning the space as an “AI Smart Living Innovation Hub” — a destination where cutting-edge technology converges with cultural inspiration.

HONOR ALPHA PLAN in Action: From Vision to Reality

Following the announcement of the ALPHA PLAN at MWC Barcelona 2025, which underscored HONOR’s evolution from a smartphone manufacturer into a global AI device ecosystem leader, the opening of the Shenzhen Bay flagship marks a pivotal step in bringing this vision to life. The store embodies HONOR’s commitment to an open, collaborative, and value-sharing AI ecosystem.

Drawing inspiration from Shenzhen Bay’s distinctive landscape, the HONOR ALPHA Global Flagship Store presents an open and calming environment that seamlessly blends advanced technology with human-centric design. Every detail reflects HONOR’s philosophy of harmonizing innovation with culture.

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Real Estate

Takmeel Developments Unveils Divine Al Barari in Majan Valued at AED 400 million

Takmeel Developments Unveils Divine Al Barari in Majan Valued at AED 400 million — A Nature-Connected Retreat with Resort-Style Living

Dubai, UAE – October 2025 — Takmeel Developments, one of the UAE’s most trusted developers, has announced the launch of Divine Al Barari, a new residential landmark in Majan, designed to bring together nature, wellness, and modern comfort. Valued at AED 400 million, the project introduces a unique lifestyle concept that blends resort-style amenities with strategic connectivity.

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Business & Investments

Globant and Infobip Announce Strategic Partnership to Accelerate AI-Powered Enterprise Engagement Across MENA

Riyadh, Kingdom of Saudi Arabia, 1 October 2025 – Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, and Infobip, a global leader in omnichannel communications, today announced a strategic partnership to deliver next-generation AI-powered conversational engagement for enterprises across the MENA region.

Veselin Vukovic-Chief Alliances Officer at Infobip

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Business & Investments

STC Bank Partners with Mozn to Strengthen Financial Crime Prevention with FOCAL Platform

Riyadh, Kingdom of Saudi Arabia – Oct 2025: Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with STC Bank, to deploy Mozn’s flagship financial crime prevention platform, FOCAL. The collaboration reflects a shared commitment to advancing security and innovation in Saudi Arabia’s digital ecosystem.

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