Category Archives: Business & Investments

Business & Investments

AESG Opens New Dubai Headquarters to Meet Growing Engineering Demands

AESG Inaugurates New Dubai Headquarters as Region’s Engineering Demands Accelerate

Dubai, United Arab Emirates – 1 June 2026 – AESGhas inaugurated its new 25,000 square foot headquarters in Dubai, marking a significant milestone in both the firm’s evolution and its enduring commitment to the emirate as a centre for business, innovation, and technical excellence.

Founded in Dubai, AESG has grown from a regional consultancy into a firm with a genuinely global footprint, with offices now operating across London, Singapore, Sydney, Melbourne, Cape Town, Cairo and throughout the Middle East.

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Business & Investments, Real Estate

Emirates NBD Funds €86M for Luxury Real Estate in Dubai

Dubai / Luxembourg, 2026 – Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, and CPI Property Group (“CPIPG”), a leading European real estate company, have successfully executed an AED 367.3 million (approximately EUR 86 million) loan facility secured against a portfolio of ultra-luxury residential units in Dubai.

CPIPG owns 19 luxury residences in Dubai, including 15 units under construction by leading local developers. The development properties are located across four of Dubai’s most distinctive residential projects including Bvlgari The Lighthouse (Jumeirah Bay), Casa Canal and One Canal (Dubai Water Canal), and Mr. C Residences Downtown (Downtown Dubai).

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Business & Investments, Technologies

Mastercard Launches AI Fintech Program in UAE

The startup engagement and acceleration programconnects budding AI and fintech companies with ecosystem partners and investors

Dubai, UAE; May 212026: As the financial services industry accelerates the adoption of artificial intelligence, resilience and trust have become essential to ensuring innovation delivers meaningful, secure outcomes at scale. Today, Mastercard announced the launch of its startup engagement and acceleration program, Mastercard Lighthouse 2026, in the UAE, in partnership with the UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office.

Saqr Binghalib, Executive Director at Artificial Intelligence, Digital Economy and Remote Work Applications Office

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Business & Investments

Malabar Gold & Diamonds Opens First Showroom in Assam at Guwahati

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 445 showrooms across 14 countries, has launched its first showroom in the state of Assam at Guwahati. The launch also strengthens Malabar Gold & Diamonds’ regional network, taking its presence to 21 showrooms in the East India region.

The showroom was inaugurated by bollywood actor Sonu Sood and Mr. O. Asher, Managing Director, India Operations, Malabar Gold & Diamonds, in the presence of Mr. Siraj P.K, Head of Retail Operations; Mr. Thahsil Ahammed, Regional Head-East India, other senior management team members, customers and well-wishers.

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Business & Investments

ENOC Partners with Allied Biofuels for Sustainable Aviation Fuel

ENOC Group signs Memorandum of Understanding with Allied Biofuels Holding for Sustainable Aviation Fuel supply cooperation

Aligned with the UAE’s Sustainable Aviation Fuel Roadmap 2030 and Net Zero 2050 Strategy, the agreement marks another step in ENOC’s commitment to making low-carbon aviation fuels commercially viable and operationally dependable across the region

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Dubai, UAE; 2026: ENOC Group, a leading integrated global energy player, today announced the signing of a Memorandum of Understanding (MoU) with Allied Biofuels Holding, based in Abu Dhabi, to explore the offtake and distribution of Sustainable Aviation Fuel (SAF) and Electro-synthetic Sustainable Aviation Fuel (e-SAF) across local, regional, and international markets.  The fuels will be sourced from Allied Biofuels’ integrated production facility under development in the Republic of Uzbekistan.

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