Category Archives: Business & Investments

Business & Investments

du and PEACE sign agreement to land PEACE Cable in the UAE, propel the country as a global hub for connectivity and digital innovation

The extensive reach of the PEACE Cable System enables connections spanning Singapore, Pakistan, Africa, and Europe

Dubai, UAE, 17 February 2025: du, the leading telecom and digital services provider, today announced a partnership with PEACE Cable International Network Co. Limited (PEACE) to extend the PEACE Cable System (PEACE Cable) into the UAE and Gulf region. This strategic collaboration is set to significantly enhance digital transformation and connectivity for du’s Wholesale and Enterprise customers, leveraging the high-capacity, state-of-the-art PEACE Cable infrastructure.

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Business & Investments

Nominations Open for IPS Awards 2025

  • Recognizing Excellence and Innovation in the Global Real Estate Sector

Dubai, UAE – 17 February 2025: The International Property Show (IPS) has officially opened nominations for the IPS Awards 2025 as part of its 21st edition, scheduled to take place from April 14-16, 2025, at the Dubai World Trade Centre.

IPS Awards aim to highlight cutting-edge real estate projects and services, celebrate industry excellence, and enhance Dubai’s real estate ecosystem, driving innovation and growth in the global real estate sector.

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Business & Investments

Mashreq’s Business Banking and NEO PAY Collaborate to launch PoS Lending Solution for Merchants across the UAE

Dubai, UAE; 17 February 2025: Mashreq, one of the leading financial institutions in the MENA region, has announced a collaboration between its business banking arm and NEO PAY, the UAE’s fast-growing digital payments leader, to launch its Point-of-Sale (PoS) lending solution, tailored for NEO PAY’s SME merchants in the UAE.

This initiative will pave way for merchants to meet both their payment processing requirements as well as their funding requirements from the NEO PAY platform. The launch of this lending solution is part of Mashreq’s commitment to supporting SMEs in their growth journey and to compete in today’s dynamic market.

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Business & Investments

RHEEM CELEBRATES 100 YEARS OF EXCELLENCE

As Rheem marks its 100th anniversary globally, and nearly 40 years of operation in the Middle East, the organization proudly reaffirms its dedication to innovation, strong partnerships and environmental sustainability.
 

Dubai, UAE, 17th February October 2024: Rheem, a leading global manufacturer in energy-efficient air conditioning and water heating solutions, proudly celebrates a century of excellence and growth. From its origins as a steel drum manufacturer founded by brothers Richard and Donald Rheem in 1925, the company has grown into a pioneering force in air and water comfort solutions, with a strong and expanding presence across the Middle East and Africa. This milestone reflects Rheem’s unwavering commitment to quality, innovation, and continued success.

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Business & Investments

Swisslog reports growth in the Middle East with project value topping $60M in recent weeks

Dubai, UAE, 17 Feb 2025 – Swisslog, the global leader in innovative robotic, data-driven, and flexible automated solutions, has reported remarkable growth in the Middle East market, achieving over $60 million in project value in recent weeks across various industries, including food and beverage (F&B), grocery, fashion retail, and spare parts handling.

Swisslog’s recent wins include major projects for leading businesses in the UAE and Saudi Arabia, focusing on warehouse management software (WMS), state-of-the-art pallet automation, automated small-volume goods solutions, and AutoStore systems, tailored to the needs of the region’s dynamic industries.

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