All posts by uaenews247

Business & Investments

UBF CEOs Advisory and Consultative Councils Reaffirm Importance of Emiratisation, Financial Inclusion, and CBUAE’s Programmes to Develop the Sector

Abu Dhabi- Dubai, United Arab Emirates, 23 September 2025:

The CEOs Advisory and Consultative Councils of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held their quarterly meetings. Chaired by His Excellency Abdul Aziz Al-Ghurair, Chairman of UBF and the Advisory Council, and H.E. Mohammed Omran Al Shamsi, Vice Chairman of UBF and Chairman of the Consultative Council, the meetings reviewed the banking and financial sector’s performance in the first half of the year and discussed the progress made in implementing UBF’s initiatives to support the development of the banking and financial sector.

Mr. Jamal Saleh, Director General of UBF, 

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Business & Investments

Mark & Save to open 8 stores in six months as it celebrates strong success in retail operation across the GCC

Date: Dubai, UAE; September 23, 2025

Mark & Save, one of the fastest-growing value retail chains in the GCC, is going to open eight new hypermarkets across the GCC in next six months, while it celebrates 200 days success in one of its largest hypermarkets across GCC in Ajman Industrial Area.

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Business & Investments

Daman UAE IPO Fund Opens Access to Retail Investors with a Minimum Subscription Amount of Only AED 1,000 

Dubai, UAE: The Daman UAE IPO Fund (“Fund”), the only fund in the UAE established to exclusively target IPOs and recently IPOed companies listed on regulated stock exchanges in the UAE and globally, is entering a new phase of growth and accessibility.

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Shopping & Promotions

Union Coop Concludes Back-to-School Drive, Rewarding Shoppers via ‘Tamayaz’

Union Coop celebrates ‘Back-to-School’ with thousands of rewards and engaging family activities across Dubai. 10 Lucky customers received AED 15,000 each in Al Afdhal Digital Cards.

Dubai, UAE:

Union Coop’s CEO Mr. Mohamed Al Hashemi has announced the successful completion of its ‘Back to School – 100 PRIZES EVERYDAY’ campaign rewarding customers with daily prizes through Union Coop s Tamayaz App Rewards Program.

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Business & Investments

IMKAN Modernises Procurement with JAGGAER, Enhancing Supply Chain Sustainability, Cost Control, and On-Time Project Delivery

The JAGGAER platform enhances supplier choice and collaboration, while reducing procurement timelines by 25%, helping IMKAN achieve faster, more efficient project delivery

Abu Dhabi, United Arab Emirates – 23 September 2025 – IMKAN, a leading global master developer based in Abu Dhabi, has collaborated with JAGGAER, the global leader in source-to-pay and supplier collaboration, to execute a transformative procurement modernisation programme. Through the deployment of JAGGAER’s solutions, IMKAN is enhancing procurement transparency, and strengthening supplier performance, thus accelerating its ability to deliver high-quality residential and mixed-use developments across the Emirates.

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