Category Archives: Business & Investments

Business & Investments

Al Esely Group Celebrates 35 Years of Excellence and Unveils an Ambitious Vision for Global Expansion by 2035

On the Sidelines of Gulfood 2025 in Dubai, with Attendance from Global Business Leaders

Dubai – In a grand event at Gulfood 2025 in Dubai, Al Esely Group celebrated its 35th anniversary, marking a journey of remarkable achievements and leadership in meat trading, fruits, and import-export. The celebration showcased the group’s ambitious vision for the future, extending to 2035, and attracted a distinguished audience of global business leaders and prominent personalities, further cementing its leadership position in local and international markets.

Recognition of Al Esely Group’s Impact on the Egyptian Market

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Business & Investments

Gulf Craft and Dubai Institute of Design and Innovation (DIDI) Announce Collaboration to Drive Innovation in Yacht Design

Dubai, UAE – 21st February 2025 – Gulf Craft, a global leader in yacht and boat manufacturing, has once again joined forces with the Dubai Institute of Design and Innovation (DIDI) to foster innovation, talent development and educational excellence within the yacht and boat industry. Announced during a formal signing ceremony at the Gulf Craft stand on the second day of the Dubai International Boat Show (DIBS), this milestone marks the third consecutive year of collaboration between the two institutions.

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Business & Investments

Cashfree Payments Raises USD 53 million; Part of Funding to Accelerate Expansion in UAE and Middle East region

  • Funding Round Led by KRAFTON with participation from existing investor Apis Partners
  • Cashfree annually processes USD 80 billion payments to businesses, including in MENA

Akash Sinha, CEO & Co-founder, Cashfree Payments,

Dubai, February 21, 2025: Payments company Cashfree Payments, which processes USD 80 billion in payments annually today said it has raised USD 53 Million in funding, a part of which will help accelerate its expansion and market presence in the UAE and the Middle East region, a rapidly growing hub for digital payments and financial innovation.

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Business & Investments

IBPC Dubai Event Highlights Key Insights and Opportunities in India-UAE Trade and Food Processing Sector Growth

Dubai, United Arab Emirates

With the food processing sector in the UAE experiencing a remarkable 12.2% compound annual growth rate (CAGR) and projected to reach a USD 50 billion market value in the coming years, the significance of India-UAE trade relations has never been clearer.

Against this backdrop, the Indian Business & Professional Council (IBPC) Dubai hosted a landmark event yesterday, spotlighting this growth and exploring the dynamic potential for collaboration between India and the UAE in the agri-food and food processing sectors.

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Business & Investments

LOJEL’s First Store in the UAE Opened by Kling Trading

Kling Trading and LOJEL partner to bring innovative travel and carry essentials to Dubai Festival City Mall, with nine more stores planned.

Dubai, UAE (February 21st, 2025) — Kling Trading, a leading distributor of premium luggage and lifestyle brands in the Middle East, has proudly announced the opening of the first LOJEL store in the United Arab Emirates. Located in Dubai Festival City Mall, this new store marks a significant milestone for the renowned Japanese lifestyle brand known for its innovative and minimalist travel gear.

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