Category Archives: Business & Investments

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Music Icons Unite in Dubai for Alpen Capital’s 21st Global Fusion

Keyboard Virtuoso – Ricky Kej leads a stellar lineup to melodic heights

Dubai – January 20, 2025: The 21st edition of the Global Fusion Concert presented by Alpen Capital and Alpen Asset Advisors, featured a mesmerising performance by a spectacular lineup of critically acclaimed artistes. Under the theme, ‘Rhythm. Unity. Peace’, the concert conveyed the powerful message of camaraderie during these trying times, highlighting the ability of music to transcend barriers.

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Business & Investments

DIB increases its stake to 25% in Digital Bank in Türkiye

Dubai, UAE – 20 January 2025: Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, announced that it has increased its shareholding in T.O.M. Group from 20% to 25%. This strategic move follows the initial acquisition in September 2023, further cementing DIB’s presence in Türkiye’s dynamic financial landscape.

The T.O.M. Group includes T.O.M. Katılım Bankası A.Ş. (Türkiye’s first licensed digital retail bank), T.O.M. Pay Elektronik Para ve Ödeme Hizmetleri A.Ş. (a licensed e-money company with a rapidly growing customer base), and T.O.M. Finansman A.Ş. (a licensed financing company specialising in innovative digital products), alongside their subsidiaries.

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Business & Investments

Redefining Business Solutions: Jumbo Enterprise’s Legacy of Trust and Technology

Dubai, UAE; 13 January 2025: Jumbo Enterprise, a key division of the Jumbo Group, continues to lead the UAE’s IT services sector, building on the 50-year legacy of excellence in technology and customer trust. Over the past four years, this initiative has experienced remarkable growth, consistently exceeding 20% annually.

In 2024, Jumbo Enterprise stands as a foremost managed service partner, overseeing more than 500,000+ assets for clients across diverse industries such as education, hospitality, telecommunications, healthcare, and government. Backed by a dedicated team of over 500+ professionals, Jumbo provides tailored IT solutions that have solidified its reputation as a trusted partner.

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