Category Archives: Business & Investments

Malabar Gold & Diamonds Launches 2 new showrooms in the USA & Canada; Expands North American Presence to 10 Showrooms

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 415 showrooms across 14 countries has just launched two new showrooms in the USA & Canada. The 3rd showroom of Malabar Gold & Diamonds in Canada was unveiled at Ajax, Ontario and the 7th showroom of the brand in the USA was unveiled at Austin, Texas. Strengthening Malabar Gold & Diamonds’ ever expanding global presence, the new outlets bring the brand’s retail presence in North America to an impressive 10 showrooms. The new showrooms in Canada & the USA are also the brand’s 416th & 417th global showrooms respectively.

The showroom at Ajax, Ontario, Canada was officially inaugurated on 6th December by Ms. Nina Tangri, Associate Minister of Small Business of Ontario and the showroom at Austin, Texas, USA was officially inaugurated on 7th December by Ms. Na’Cole Thompson, Mayor for the City of Leander. In attendance were Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Faisal AK, Head of Manufacturing, Malabar Gold & Diamonds; Mr. Ameer CMC, Director of Finance & Admin at Malabar Gold & Diamonds; Mr. Shaji K, Chief Digital Officer at Malabar Group; Mr. Joseph Eapen, Regional Head of North America operations at Malabar Gold & Diamonds; Mr. Jasar R, Branch Head of Malabar Gold & Diamonds in the USA; Mr. Sharfas N.K, Head of Operations-Canada at Malabar Gold & Diamonds, other senior management team members, customers & well-wishers.

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Forbes Middle East to Host the “Top Advisors & Investors Summit” in Abu Dhabi in February 2026 in Partnership with Beltone

Abu Dhabi, United Arab Emirates, 8 December 2025: Forbes Middle East has announced that it will host the Top Advisors & Investors Summit on 10 &11 February 2026 in Abu Dhabi, in partnership with Beltone Holding.

The two-day event will bring together leading investors, wealth managers, financial executives, policymakers, and fintech innovators who are shaping the future of the region’s investment landscape.

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Advancing sustainable mobility across the Middle East

EV LAB invests in Pure Electric, kicks off partnership with new lineup of e-scooters

  • New lineup delivers a strong blend of performance, innovation, and clever design for modern eco-conscious cities
  • UAE micromobility market is projected to reach USD 2,014.8 million by 2030
  • The partnership also marks a major celebration in line with Adam Norris’ son, Lando Norris, claiming his maiden F1 World Championship title in Abu Dhabi

UAE, December 08, 2025: EV LAB, the region’s first omni-channel multi-brand EV store, has invested in Pure Electric, a global specialist in electric micromobility founded by British entrepreneur Adam Norris, and will serve as the brand’s exclusive partner across the Middle East. The partnership kicked off with the launch of Pure Electric’s three new e-scooters in the UAE – Air⁴, Pure x McLaren, and Pure Flex. The collaboration marks a pivotal move towards advancing sustainable transport solutions and supporting the UAE’s goal of reaching Net Zero by 2050.

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Launch of BNW Real Estate Fund

BNW Developments and Enlightened Minds Investments Forge a Strategic Partnership to Launch BNW Real Estate Fund

USD 300 million fund set to accelerate real estate opportunities through land acquisition, project completion support, and premium development initiatives

Dubai, UAE, 8th December 2025 – BNW Developments and Enlightened Minds Investments have officially entered a strategic association as Co-General Partners to launch the BNW Real Estate Fund, which had capital commitments of USD 27 million on the day of launch itself, aimed at accelerating premium real estate development across the UAE. The partnership was formalized during an exclusive signing ceremony in the presence of select investors and industry stakeholders.

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Asyad Group Executes a Complex Air Transport from Italy to Oman for OQRPI

  • This successful collaboration highlights Asyad Group as a trusted logistics partner for the oil and gas sector

Muscat, Oman | 7 December 2025: Asyad Group successfully executed a mission-critical transport operation for OQ Refineries and Petrochemical Industries (OQRPI). The specialized project involved rapid and secure relocation of 25 tons of essential, heavy equipment from Italy to Oman using a dedicated (Boeing F 747) cargo charter. Managed entirely by Asyad’s specialized project logistics teams, the equipment was delivered safely and in strict adherence to the established schedule to OQRPI’s Sohar warehouse facility, showcasing Asyad’s ability to coordinate large, complex operations with precision and reliability.

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