Category Archives: Business & Investments

Business & Investments

Habib Al Mulla and Partners Expands into Iraq, Bridging Legal Excellence Across Borders

Baghdad, Iraq -28  November 2024 – Habib Al Mulla and Partners, one of the region’s leading law firms headquartered in the United Arab Emirates, has announced its expansion into Iraq with the opening of a new office in Baghdad. This expansion has been achieved through a strategic partnership with Al Nesoor Law Firm, a prestigious Baghdad-based legal practice comprising of 30 lawyers with over 24 years of experience in the Iraqi market across various sectors, particularly in mergers and acquisitions.

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Business & Investments

متجر 6 ستريت يتعاون مع جوبشوب للاستفادة من مزايا التسويق التحاوري

متجر 6 ستريت يتعاون مع Gupshup للاستفادة من مزايا التسويق التحاوري

المتجر يشهد زيادة في عائد الاستثمار التسويقي بمقدار 8 أضعاف ويحقق وصولاً إلى 97% من قاعدة العملاء من خلال حملات مخصصة على القنوات التحاورية

27 نوفمبر – دبي، الإمارات العربية المتحدة: كشفت علامة 6 ستريت، المتجر الإلكتروني الرائد على مستوى المنطقة في مجال الأزياء، عن تحقيق عائد كبير على الإنفاق الإعلاني بنسبة تتراوح بين 5 و8 أضعاف، من خلال الشراكة مع Gupshup، المنصة الرائدة عالمياً في مجال الذكاء الاصطناعي التحاوري. ويسلط هذا الإنجاز الضوء على القدرة التحويلية للتسويق المخصص والقائم على الفئات عبر المنصات الفعالة مثل واتساب.

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Business & Investments, Technologies

WadzPay Secures SGD $50 Million Investment Commitment from GEM 

Global, November 27 – WadzPay Worldwide Pte. Ltd. (“WadzPay”), a leading innovator in the blockchain technology and financial services company, today announced that it has secured a capital commitment of SGD $50 million in the form of a Share Subscription Facility (SSF) from GEM Global Yield LLC SCS (“GEM”). The SSF will accelerate the company’s growth strategy via acquisitions, partnerships and organic initiatives.

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Business & Investments

6thStreet leverages Gupshup to achieve 8x Marketing ROI using Conversational Marketing

Reaches 97% of its customer base with segment-based campaigns on conversational channels

November 27, Dubai, UAE: Regional fashion powerhouse 6thStreet has achieved a significant 5-8x return on ad spend (ROAS) through its partnership with Gupshup, the world’s leading Conversational AI Engagement platform. This underscores the transformative power of personalized, segment-based marketing on rich channels like WhatsApp.

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Business & Investments

UAE’s Net Wealth Reached USD 2.9 Trillion in 2023, Reveals BCG Global Wealth Report

  • UAE’s financial wealth grew by 10% from 2022 to 2023
  • The UAE continues to experience impressive growth and is on track to become the sixth-largest booking center in the world by 2028, with an annual growth rate of about 8.9%
  • BCG’s 24th Annual Global Wealth Report highlights Generative AI as an enabler for operational efficiencies and improved client experience

Dubai, UAE November 27, 2024—Boston Consulting Group’s (BCG) annual global wealth report, Global Wealth Report 2024: The GenAI Era Unfolds revealed that the United Arab Emirates’ (UAE) net wealth reached USD 2.9 trillion in 2023. The UAE’s financial wealth grew by 10% from 2022 to 2023, versus the Middle East and Africa’s 8%. Global financial wealth rose at 7%, following a decline of 4% in 2022. Over the next five years, an estimated USD 92 trillion of financial wealth will be created globally.

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