Category Archives: Business & Investments

Business & Investments

Polygood® and Danube Group join forces for Middle East Expansion in the Year of Sustainability

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Polygood® and Danube Group join forces for Middle East Expansion in the Year of Sustainability

[DUBAI, November 2, 2023] –The Good Plastic Company, the largest producer in sustainable materials, is proud to announce the exclusive distribution of its revolutionary surface material, Polygood®, into the Middle East with the successful conglomerate Danube Group.

  • Madhusudhan Rao, CEO, Danube Group
  • Dr William Chizhovsky, Founder and CEO, The Good Plastic Company

Danube Group, a Dubai-based diversified business conglomerate, with its inception in 1993 has established itself as a major player in various sectors including building materials, home décor, hospitality, sanitary solutions, and real estate development to name a few. With a significant presence in the Middle East and worldwide, the partnership with The Good Plastic Company marks another step towards the promotion of sustainable solutions in the region.

Icebergs In The Desert – A public installation designed by Tellurico.

Danube Group has grown into one of the largest building materials companies in the Middle East, with diversified branches across the UAE, Oman, Bahrain, Saudi Arabia, Qatar, and India. The company’s global reach also extends to procurement offices in China and Canada, reflecting its commitment to providing quality products and services across the world.

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Business & Investments

Dubai Airshow welcomes public to watch spectacular daily flying display

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Dubai Airshow welcomes public to watch spectacular daily flying display

  • The Skyview grandstand arena will return for the 2023 edition of the leading international aviation event

DUBAI, United Arab Emirates – 10 November 2023: Skyview, the purpose-built grandstand arena, will return to Dubai Airshow 2023, welcoming members of the general public, including families and children, to witness the remarkable daily flying display at Dubai World Central (DWC), Dubai Airshow Site, from 13-17 November.

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Business & Investments

ADNOC DISTRIBUTION RECORDS 28% Y-O-Y INCREASE IN Q3 2023

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ADNOC DISTRIBUTION RECORDS 28% Y-O-Y INCREASE IN Q3 2023 EBITDA, REPORTING ONE OF ITS STRONGEST RESULTS SINCE IPO

  • Company’s Q3 2023 EBITDA rises to $303 million (AED1.1 billion) and net profit increases 9% Y-o-Y to $227 million (AED835 million)
  • ADNOC Distribution’s fuel volumes sold in GCC countries (UAE and Saudi Arabia) witness a significant 21% increase Y-o-Y
  • Q3 2023 Non-fuel transactions up 14% Y-o-Y and convenience store conversion rate rises to 24% from 21% in Q3 2022, indicating that more fuel customers are also shopping at our convenience stores
  • Company achieves its full-year 2023 target by opening 28 new stations during the first nine months of the year
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Business & Investments

Sharjah joins 160 countries at the Web Summit 2023 in Portugal

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Sharjah joins 160 countries at the Web Summit 2023 in Portugal
presenting its forefront innovations to 70,000 attendees 

The emirate’s delegation will feature leading entities like Invest in Sharjah, Sheraa, STRI Park & Sharjah Private Education Authority


Sharjah, November 9, 2023

More than 70,000 participants from 160 countries attending the Web Summit 2023 in Lisbon, Portugal, from November 13 – 16, will have the chance to explore Sharjah’s latest projects, as well as its strategic and emerging sectors such as technology, entrepreneurship, and sustainable investments. 

The Sharjah delegation led by the Sharjah FDI Office (Invest in Sharjah), will also feature the participation of leading entities like the Sharjah Entrepreneurship Center (Sheraa), which has redefined entrepreneurship in the UAE by creating new and meaningful opportunities for tech-based founders to design meaningful services and solutions.

The Sharjah Research Technology and Innovation Park (STRI Park) will showcase its projects and initiatives in innovation, artificial intelligence (AI) and clean and renewable energy. 

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Business & Investments

Joyalukkas Jewellery opens new store in Bur Dubai, Dubai, UAE.

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Joyalukkas Jewellery opens new store in Bur Dubai, Dubai, UAE.


Dubai, November 09, 2023: Joyalukkas, the world’s renowned jeweller, proudly announced the opening of its new showroom in Dubai on November 9th 2023, The New store is located in the historic Meena Bazaar, Bur Dubai.

The new showroom was officially inaugurated by Mrs. Jolly Joy Alukkas, in presence of Mr. Joy Alukkas, Chairman of the Joyalukkas Group, Ms. Mary Antony, Mr. Antony Jos, Ms. Elsa Thomas & Mr. Thomas Mathew.

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