1st August 2024, Dubai, United Arab Emirates: iAccel Gulf Business Incubator (iAccel GBI), a leading go-to-market accelerator, proudly announces the formation of our Mentor Board. This board is currently comprising of Mr. Sivarama Subramanian, Mr. Bashar Kilani & Mr. Karl Tlais, who are industry leaders with over 25-30 years of robust experience in their respective domains, will guide iAccel GBI and its portfolio startups towards growth in the UAE and Middle East region.
Dubai, UAE, August 2024 –
Quality Wipes LLC, a leading name in the wet wipes industry, has significantly enhanced its market presence by increasing its production capacity tenfold and expanding its customer base by 50% between 2013 and 2024. This impressive growth underscores the company’s robust presence both locally and internationally.
Marking 11 years of innovation and excellence, under the visionary leadership of CEO Ms. Simran Bhatia, the company has transformed from a startup into a market leader in the UAE, renowned for its unwavering commitment to quality, sustainability, and customer satisfaction.
Continue reading Quality Wipes Celebrates 11 Years with Tenfold Production and Global ExpansionCelebrates BNI UAE’s Milestone of 1,300 Members
Dubai, UAE – 1st Aug – BNI (Business Network International), the world’s largest networking and referral organization, announces a significant milestone with the introduction of BNI TERRA, the first-ever Net Zero Chapter within its global network. This initiative underscores BNI’s commitment to innovation and tradition.
BNI TERRA, has taken proactive measures to reduce its carbon footprint and lead by example in the business networking community. Recognizing the urgent need for sustainable practices, BNI TERRA has adopted a hybrid meeting model. Physical meetings are held once a month at the LEED-certified Rove Hotels in Expo City Dubai, renowned for its sustainable practices and for the rest of the month the team meets online. In addition to this, the group will proactively organise activities that will ensure the emissions are offset.
Continue reading BNI TERRA Sets New Global Benchmark as First Net Zero Chapter in BNI Network,Equipped with cutting-edge low-carbon-intensivereverse osmosistechnology, the Saadiyat Island RO plant will be the seventh reverse osmosis water desalination project in EWEC’s portfolio
Abu Dhabi, UAE – 30July2024:EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE,has announced that it has received four proposals fromAcciona Agua, Engie, GS Inima Environmental and a consortium comprised of FCC Aqualia and OrascomConstruction Industriesfor the development of the Saadiyat Island Reverse Osmosis (RO) Independent Water Project (IWP).
Continue reading EWEC Receives Four Proposals for the Development of Saadiyat Island RO Desalination ProjectAbu Dhabi, UAE; 30 July 2024: Modon Holding PSC, formerly Q Holding, has reported exceptional financial performance for the first half of 2024 post its acquisition of Modon Properties and ADNEC.
Modon Holding delivered a revenue of AED 2.2 billion, a year-on-year increase of 333%, and a gross profit of AED 833.2 million, a year-on-year increase of 277%. Modon Holding achieved a net profit of AED 8.74 billion including the provisional bargain purchase gain from the acquisition of Modon Properties and ADNEC. This landmark transaction marks one of the largest acquisitions in the country’s history and sets the stage for Modon Holding’s future of becoming a leading player in the real estate arena.
H.E. Jassem Mohammed Bu Ataba Al Zaabi
Chairman, Modon Holding
Leveraging the expanded scale and range of our business, Modon Holding’s first six months performance begins to show the value proposition of the recent merger. Our focus on building smart cities will further increase liveability and foster vibrant communities in Abu Dhabi and internationally.
Continue reading Modon Holding PSC Achieves Record Half-Yearly Results After Landmark Acquisition
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