Category Archives: Business & Investments

Business & Investments, Real Estate

Azizi Developments partners with SAP for comprehensive digital transformation

Azizi Developments partners with SAP for comprehensive digital transformation to support expansion drive

The developer is now adopting RISE with SAP and a range of SAP solutions for its operations, to enhance efficiency and leverage the latest AI capabilities

Dubai, United Arab Emirates, 21 March 2025:Azizi Developments, a leading private developer in the UAE, has entered a strategic partnership with SAP to drive an end-to-end digital transformation of its operations, supporting its ambitious growth plans. As a net new customer, Azizi Developments will adopt RISE with SAP Private Cloud, including SAP S/4HANA, as well as a wider range of SAP solutions that will enhance the services it delivers to its stakeholders, with a focus on its clients and staff.

The signing ceremony, which was attended by the Group CEO of the Azizi Group of companies, Mr. Farhad Azizi, and Senior Vice President, SAP Middle East and Africa – South, Mr. Sergio Maccotta, as well as other senior management figures of both entities and several other key stakeholders, was held at Azizi Developments’ offices in the Conrad Hotel on Dubai’s Sheikh Zayed Road on the 20thof March 2025.

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Business & Investments

Crystal Crest Jewellery Launches Avira Lab Grown Diamonds at Silicon Central Mall

Dubai, UAE – Crystal Crest is set to make its grand entry into the UAE’s lab-grown diamond Jewellery industry with the launch of Avira Diamonds at Silicon Central Mall, Dubai Silicon Oasis. This marks the brand’s first venture in the region, bringing luxurious, sustainable, and ethically sourced lab-grown diamonds to discerning customers in the heart of Dubai.

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Business & Investments

Silicon Central Mall Welcomes Apparel Group’s Iconic Brands, Elevating Dubai’s Retail Landscape

Dubai, UAE,March 21st, 2025:Silicon Central Mall, one of Dubai’s premier shopping and lifestyle destinations, transforms its retail landscape with the introduction of globally renowned brands by Apparel Group. Strengthening its position as a key player in Dubai’s evolving shopping scene, the mall unveils an exciting mix of fashion, lifestyle, and dining brands, offering visitors an unmatched shopping experience.

As part of its continued expansion, Silicon Central Mall welcomes a diverse range of prestigious global brands, reinforcing its reputation as a dynamic retail hub. Recent openings, in collaboration with the Apparel Group, include R&B,offers quality fashion for the whole family at great value, including apparel, footwear, accessories, cosmetics, and home essentials., and Skechers,Aldo, Crocs, Aldo Accessories, Nine West, Rituals, Steve Madden, Beverly HillsPolo Club.

Other highlights that are soon to open its own retail outlets include: LC Waikiki, New Yorker

Ardene,Off Price, Athletes Co, LevisandGo Colors.Complementing the retail offerings are popular F&B brands such as Cold Stone Creamery, Firehouse SubandTim Hortons

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Business & Investments

Union Coop’s 43rd General Assembly Meeting: 14% Cash Dividend and 5% Returns on Shareholder Purchases Announced for Fiscal Year 2024

Dubai, UAE:

Dubai-based popular retailer ‘Union Coop’ during its 43rd General Assembly Meeting has approved a cash dividend of 14% on the existing capital and a 5% return on shareholders’ purchases from the cooperative for the year 2024.

The 43rd edition of the annual meeting was held at the Mohammed Bin Rashid Library, wherein the General Assembly approved the Board of Directors’ report for the year 2024, the audited financial statements for the fiscal year ending December 31, 2024, Balance Sheet and the Income statement for the same period.

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Business & Investments

Visa and Emirates NBD Pay Launch Advanced Payment Gateway to Enhance Digital Acceptance for Merchants

Dubai, UAE – 20March 2025:Visa (NYSE: V), a world leader in digital payments, and Emirates NBD Pay, a digital payment platform provided by Emirates NBD P.J.S.C., a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, have partnered to launch Cybersource, a Visa Acceptance Solutions offering. Cyber source will be incorporated into the Emirates NBD Payplatform, providing clients with robust payment solutions, advanced risk and fraud management tools such as Decision Manager, and cutting-edge compliance features leveraging artificial intelligence and machine learning.

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