Category Archives: Business & Investments

Malabar Gold & Diamonds Unveils 2nd Showroom in Canada at Vancouver; Strengthens Retail Presence in North America

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with 402 showrooms across 13 countries, has launched their 2nd showroom in Canada at British Columbia, Vancouver. The new showroom was inaugurated by Ms. Niki Sharma, Deputy Premier and Attorney General of British Columbia. In attendance were Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Faisal A.K, Head of Manufacturing at Malabar Gold & Diamonds; Mr. Sakkeer P, Head of Merchandising & SCM at Malabar Gold & Diamonds; Mr. Joseph Eapen, Regional Head-North America, Malabar Gold & Diamonds; Mr. Sharfaz N.K, Canada Business Head-Malabar Gold & Diamonds, other senior management team members, customers & well-wishers.

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Abu Dhabi Emerges as Regional Epicenter for Global Wealth Dialogue at Family Office Summit 2025

  •  Next-gen and female leaders are reshaping family offices with fresh perspectives and dynamic leadership –

UAE – 02nd June 2025 – The Family Office Summit 2025 concluded with resounding success at the luxurious Saadiyat Rotana Resort & Villas, uniting leading family offices, sovereign wealth funds, and institutional investors representing over $500 billion in assets under management. This year’s Abu Dhabi edition further solidified the UAE’s position as a global powerhouse in wealth management, venture capital, and private capital deployment.

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Blis named ‘AdTech Platform of the Year,’ bags 4 awards at MMA SMARTIES MENA 2025

Blis secured two Golds in ‘Data & Insights’ and ‘Real-Time Marketing’ categories and a Bronze in ‘Programmatic’ category claiming the crown of ‘AdTech platform for 2025’

UAE, 02 June 2025: Blis, a leading privacy-first, location-powered programmatic omnichannel advertising platform and a subsidiary of JGroup, has been crowned ‘AdTech Platform of the Year’ at the highly anticipated MMA SMARTIES MENA 2025. The company also clinched two Gold awards in the categories of ‘Data & Insights’ and ‘Real-Time Marketing’, as well as a Bronze award in ‘Programmatic’, affirming its leadership in delivering data-driven advertising solutions that generate tangible business outcomes.

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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.

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