Abu Dhabi- Dubai, United Arab Emirates, 7 July 2025:
The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reiterated its commitment to strengthen digital infrastructure of the financial and banking sector and combat various types of financial crime and its full support for all efforts and initiatives of the Central Bank of the UAE (CBUAE) and the UAE the Cybersecurity Council (CSC) to provide a safe and smooth banking experience, supporting the financial and banking sector to play its role in the UAE’s socio-economic development.
Dubai, UAE, 03rd July 2025 – Dubai Investments PJSC has announced the appointment of Mushtaq Masood as Chief Operating Officer (COO), succeeding his previous position as Group Chief Financial Officer (CFO). As COO, he will be responsible for leading the Group’s operational strategy, enhancing efficiencies, aligning cross-functional initiatives, overseeing mergers and acquisitions and driving sustainable value creation.
Mushtaq Masood as Chief Operating Officer (COO)
Mushtaq has been with Dubai Investments since 2008, during which time he streamlined treasury operations, managed funding requirements, and structured key financing arrangements. He also led various acquisition and divestment initiatives across the Group, delivering value to the stakeholders.
Integrated facility spans 3.45 lakh sq. ft., brings design, refining, and production under one roof, fortifies its position as a global manufacturing leader
With over 2,750 artisans and cutting-edge technology and R&D, the unit will power Malabar Gold & Diamonds’ global retail expansion
Facility to produce 4.7 tonnes of gold jewellery and1.8 lakh carats of diamond jewellery annually
Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries, has launched its state-of-the-art, fully integrated jewellery manufacturing unit, the largest of its kind, in Hyderabad, Telangana. Located at the General Park, Maheshwaram in Ranga Reddy district and spread over 3.45 lakh sq. ft, the first of its kind integrated manufacturing unit marks the group’s largest among its 14 manufacturing units across India and the GCC countries.
Malabar Gold & Diamonds has launched its state-of-the-art, fully integrated jewellery manufacturing unit, the largest of its kind, in Hyderabad, Telangana, The facility was officially inaugurated by the Honourable Chief Minister of Telangana, Mr. A Revanth Reddy in the presence of Mr. Sridhar Babu, Honourable Minister for IT, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Government of Telangana; Mr. Bomma Mahesh Kumar Goud, Honourable President, Telangana Pradesh Congress Committee and Member of the Legislative Council, Mr. M.P. Ahammad; Mr. Abdul Salam K.P, Mr. Asher O, Mr. Nishad A K, Mr. Abdullah Ibrahim, Mr. Faisal A.K, Mr. Abdul Jaleel R, Mr. Shareej V.S, other senior management team members from Malabar Group, dignitaries from the Telangana government and well-wishers.
Abu Dhabi and Riyadh, 03 July 2025: Americana Restaurants International Plc, the leading quick-service and casual dining operator across the MENA region and Kazakhstan, has signed an exclusive franchise agreement with carpo – the premium lifestyle brand, originated in Athens, renowned for its premium nuts, artisanal chocolates, and refined coffee.
This Strategic Partnership Expansion Aims to Accelerate Digital Growth Across Qatar, Oman, Bahrain, Kuwait and Jordan.
July 3, 2025,
Dubai, UAE – Promofix, MENA’s fastest growing technology provider and a subsidiary of JGROUP, has announced the expansion of its strategic partnership with Google, becoming the authorized media sales representative of Google Ads products and services in five key MENA countries: Oman, Bahrain, Qatar, Kuwait, and Jordan.
UAE News 24/7 