Category Archives: Business & Investments

Beauty, Business & Investments

Cosmoprof 2026: Middle East’s Impact on $826 Billion Beauty Market

Global Beauty Market Set to Surpass $826 Billion by 2029, Spotlighting the Middle East’s Growing Influence at Cosmoprof Worldwide Bologna 2026

Skincare, fragrance, and innovation drive sustained growth, as regional markets reshape global beauty direction

Dubai, United Arab Emirates – March 31, 2026: Cosmoprof Worldwide Bologna 2026, which concluded this weekend, brought together the global beauty industry at a pivotal moment of growth and transformation. Insights shared during the event, based on Euromonitor International data, indicate that the global beauty and personal care market is set to exceed $826 billion by 2029, growing at an average annual rate of approximately 7%.

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Business & Investments

2PointZero Group Invests in WHOOP Series G Financing

  • 2PointZero Group invests in the Series G preferred equity financing of WHOOP.
  • This investment strengthens 2PointZero Group’s consumer footprint by adding WHOOP, a fast-growing, category-defining health and wellness technology platform with a global member base and a subscription-first model, complementing the wellness vertical.

ABU DHABI, UAE; 31 March 2026: 2PointZero Group (ADX: 2POINTZERO), a next-generation investment powerhouse focused on energy and consumer sectors, today announced its investment in the Series G preferred equity financing of Whoop, Inc. (“WHOOP”), one of the leading consumer health and wellness technology platforms. The round was led by Collaborative Fund, with 2PointZero Group participating alongside other investors.

Founded in 2012 and headquartered in Boston, WHOOP has established itself as the platform of choice for health-conscious consumers, athletes, and enterprise wellness programmes worldwide. The WHOOP subscription-based model delivers continuous health monitoring, personalised coaching, and actionable wellness insights to a global membership spanning over 200 countries and territories.

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Business & Investments

du holds Annual General Assembly meeting and approves a total cash dividend of AED 2.9 billion for 2025

Dubai, UAE, March 31, 2026: du, the leading telecom and digital services provider, held its Annual General Assembly Meeting at its headquarters in Dubai Hills Business Park 2, Dubai. At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividend of AED 1.8 billion for the second half of 2025.

This brings the total cash dividends for 2025 to AED 2.9 billion. With a dividend of AED 40 fils per share for the second half of the year, du’s total cash dividend for 2025 reaches AED 64 fils per share, marking a new benchmark in the company’s dividend distribution and reflecting its strong growth and outstanding performance. Shareholders also allected Mr. Matar AlBlooshi as a new board member.

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Business & Investments

Emirates NBD Group successfully closes USD 2.25 billion in long-term financing

Strong participation from 15 institutions across the Americas, Europe and Asia supports funding diversification

• One of the largest syndicated borrowings in the GCC region

Dubai, UAE, 31 March 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully closed USD 2.25 billion in long-term financing.

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Business & Investments

Mada Media Awards Strategic Outdoor Advertising Bid in Dubai to Arabian Outdoor, a Choueiri Group Brand

As part of ongoing efforts to grow the outdoor advertising sector and strengthen its investment attractiveness in Dubai

Mada Media Awards Strategic Outdoor Advertising Bid in Dubai to Arabian Outdoor, a Choueiri Group Brand

Dubai, 31st March 2026: Mada Media, the company responsible for organising, developing, and managing the Out-of-Home (OOH) advertising sector in the Emirate of Dubai, has announced the award of a strategic OOH advertising bid to Arabian Outdoor, a Choueiri Group brand. The move forms part of Mada Media’s ongoing efforts to organise the market and enhance investment opportunities, supporting economic growth and aligning with the objectives of the Dubai 2040 Urban Master Plan.

The agreement signing ceremony took place at Mada Media’s headquarters in Dubai, attended by Mansoor Al Sabahi, CEO of Mada Media, and Pierre Choueiri, Chairman and CEO of the Choueiri Group.

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