Category Archives: Business & Investments

Business & Investments

IHC Acquires Majority Stake in First Women Bank Limited, Strengthening UAE–Pakistan Economic Partnership

Abu Dhabi, UAE – 17 October 2025: IHC, a global investment company focused on building dynamic value networks, has announced the acquisition of a majority stake in the state-owned First Women Bank Limited (FWBL), based in Karachi, Pakistan, following a successful privatization process conducted under Pakistan’s Inter-Governmental Commercial Transactions Act of 2022.

The announcement was attended by H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, Chairman of 2PointZero, and H.E. Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan.

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Business & Investments

Canadian smart building solutions provider 1VALET to disrupt the UAE market

Date: Dubai, UAE; October 18, 2025

1VALET Corp, the Canadian leader in smart building solutions, is set to enter the UAE to redefine urban living. Its proprietary hardware and building operating software solution will introduce a feature-rich, innovative urban lifestyle ecosystem that will maximise convenience, minimise waste and create new revenue streams for developers and asset managers. It will change the way people live in nearly a million homes across the seven emirates.

1VALET’s expansion into the Middle East market through the UAE comes at a time when the global smart home market is projected to be valued at approximately US$162.27 billion in 2025, according to multiple sources. Projections show significant growth to additional hundreds of billions by 2030 and beyond, driven by Millennial homebuyers’ increasing demand for convenience, security and energy efficiency. 

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Business & Investments

IBPC Dubai Champions Financial Literacy for Labour Communities Empowering workers through accessible financial education at Jebel Ali Labour Camp

Dubai, United Arab Emirates

As part of its broader commitment to inclusive development and social responsibility, the Indian Business and Professional Council (IBPC Dubai) has launched a Financial Awareness Program aimed at empowering blue-collar workers with essential financial literacy.

In collaboration with Tristar Group, the inaugural session took place at Jebel Ali Labour Camp this past weekend, drawing over 100+ participants. The initiative offered practical, easy-to-understand financial guidance tailored to the everyday needs of workers, helping them make informed decisions around saving, budgeting, and managing their earnings.

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Business & Investments

GPCA Celebrates Innovation in Sustainability and Responsible Care® Excellence with Two Awards Series

Industry leaders and academia gathered for a night of celebration at the 2ndGPCA Carbon Neutrality Cup and 4thGPCA Responsible Care Excellence Awards

Manama, Bahrain, 16October2024–The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, proudly recognized outstanding achievements in sustainability and Responsible Care® excellence during a special awards ceremony held alongside the 6thGPCA Responsible Care Conference on 14 October 2025 at the Sheraton Bahrain Hotel, Manama.

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Business & Investments

TiE Women MENA 2025 Crowns Regional Champions at GITEX Global 2025

Dubai, UAE – 16 October 2025 – TiE Dubai, the regional chapter of TiE Global, has officially announced the winners of the sixth edition of the TiE Women MENA 2025 competition, following the MENA pitch finals held on 13th October at Expand North Star, the startup event of GITEX Global at Dubai Harbour. The MENA title went to Ayesha Mansha, Founder of Sahl, from Saudi Arabia, with Rahaf Aldruby and Seem Alkabbani, Co-Founders of TarKeys, from the rest of the ME track, named runner-up, receiving equity-free grants of AED 70,000 and AED 30,000, respectively.

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