All posts by uaenews247

Spark Capital PWM establishes strategic presence in DIFC to serve global Investors

  • Spark Capital, through its Investment Banking, Asset Management and Private Wealth Management services, has evolved into an integrated financial services institution in India.
  • Spark Global PWM Private Limited, a CAT4 firm regulated by Dubai Financial Services Authority, the independent regulator for business conducted from or within Dubai International Financial Centre (DIFC), operates as a subsidiary of Spark Capital’s Private Wealth Management business and the new office will serve as a hub for its Middle East operations.
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Al Seer Marine and B International Shipping & Logistics Launch New JV, securing AED 660 million LPG Charter Deal with BGN

  • ‘ASBI Shipping FZCO’ is the new joint venture between Al Seer Marine’s ASM Nautical Holding and B International Shipping & Logistics– an affiliate of the BGN group of companies.
  • ASBI has secured two 22,000 cbm semi-refrigerated vessels, chartered for 10 years by BGN INT DMCC to serve growing LPG demand.
  • Abu Dhabi Commercial Bank provided AED 210M in secured term loans for the vessel purchase

Abu Dhabi, Monday 2nd June 2025, Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of IHC (ADX: IHC), has partnered with B International Shipping & Logistics, an affiliate of top energy trader BGN, to launch a Joint Venture ‘ASBI Shipping FZCO’. This new joint venture will own and operate mid-sized liquefied petroleum gas (LPG) and product tankers, strengthening regional and global LPG logistics.

Continue reading Al Seer Marine and B International Shipping & Logistics Launch New JV, securing AED 660 million LPG Charter Deal with BGN

MAG Group Holding Launches Riviera Heights, First Phase of Jordan’s Marsa Zayed Red Sea Beachfront Community

The first phase of Aqaba’s landmark residential, office, and commercial development project will bring a new era of luxury and connectivity to Jordan’s Red Sea coast

Abu Dhabi, UAE – 2 June 2025: MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan’s largest mixed-use beach front community.

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Dubai’s US$10 billion infrastructure spending key to the growth of the commercial vehicle market  

Ahead of the 2025 edition of Automechanika Dubai, experts from Frost and Sullivan shared the latest industry insights for the commercial vehicle market

Captured by Lights In Motion

Dubai’s allocation of US$10 billion towards infrastructure spending and Saudi Arabia’s US$267 billion in infrastructure investments have been highlighted as key contributors to industry growth

The latest automotive advancements and regional industry updates will be showcased at Automechanika Dubai from 9 to 11 December

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Eid Style Made Easy, Max Fashion Has the Season SortedWith timeless festive pieces already in stores, families are quietly ticking off their Eid wardrobes at Max

Dubai, UAE, June 1, 2025 — As the countdown to Eid begins, shoppers across the region are gravitating towards familiar ground –Max Fashion, the region’s leading value fashion brand. Known for its mix of modest silhouettes, family-friendly styles, and wallet-conscious prices, the retailer remains a seasonal go-to—not for a new collection this time, but for its reliably festive selection that’s already on shelves.

From embellished kaftans and breezy abayas to structured shirts and printed kurtas, the fashion mix reflects what many shoppers are seeking, looks that feel special enough for Eid gatherings, yet wearable beyond the occasion. The appeal is straightforward—pieces that blend tradition with an everyday practicality, especially for families planning coordinated outfits.

In stores, women are reaching for jewel-toned dresses, lace overlays, and light fabrics that work well in warm weather. Meanwhile, men’s sections are stocked with neutral tailoring and smart casual options that feel suited to both prayers and long lunches. The children’s line adds its own charm, with frilled dresses, cotton sets, and accessories that make family styling feel like less of a chore.

Continue reading Eid Style Made Easy, Max Fashion Has the Season SortedWith timeless festive pieces already in stores, families are quietly ticking off their Eid wardrobes at Max