Category Archives: Business & Investments

Business & Investments

PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa

Dubai, UAE, September 24, 2025 – PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions.

This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy.

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Business & Investments

Joyalukkas Unveils Grand New Showroom at Ibn Battuta Mall with Exclusive Inaugural Bonanza

UAE – September 2025: Dubai shone even brighter as Joyalukkas, the world’s favourite jeweller, announced the grand opening of its brand-new showroom at Ibn Battuta Mall. The highly anticipated launch took place on Saturday, 20th September 2025, at 5:00 pm, at Ibn Battuta mall, Andalusia Court, marking yet another milestone in the brand’s remarkable journey of growth and excellence, across the UAE and beyond.

The inauguration was graced by distinguished chief guests, including H. E. Satish Kumar Sivan, Consul General of India to Dubai and the Northern Emirates, along with Dr. Joy Alukkas, Chairman of Joyalukkas Group, Mr. John Paul Alukkas, Managing Director of Joyalukkas International Operations and Ms. Sonia Alukkas, Executive Director of Joyalukkas International Operations. The world’s favourite jewellery brand considered this a significant milestone in their growth story.

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Business & Investments

Joyalukkas Jewellery now in Dammam at Al Wafa Mall

Dammam, KSA – September 2025: The Kingdom of Saudi Arabia witnessed a new chapter in luxury jewellery shopping as Joyalukkas, the world’s favourite jeweller, proudly announced the grand opening of its latest showroom in Dammam. The new destination, located at Al Wafa Mall, officially opened its doors on Saturday, 18 September 2025, at 6:00 pm, in a glittering ceremony that marked yet another milestone in the group’s journey of excellence and growth across the Middle East.

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Automibiles & Motoring, Business & Investments

Dulsco People launches AI and Metaverse Driver Safety Programme

Dubai, UAE – 24 September 2025: Addressing UAE Government’s priority to enhance road safety, Dulsco People, part of Dulsco Group and a leading provider of workforce solutions, has introduced a Transforming Defensive Driving with Digital Innovation, an AI- and Metaverse- driven driver safety programme with a QR Code Driver Passport. Launched in June 2025, this initiative is raising fleet safety standards and reshaping operational performance across the nation.  

Delivered through DigiSkills’ immersive heads-up-display (HUB), Dulsco People’s digital learning and assessment platform is developed in partnership with Connected Safety Net (CSN). The initiative combines digital micro learning, psychometric assessment, dynamic performance tracking, personalised learning paths, and continuous upskilling to ensure drivers remain agile, capable, and prepared for the demands of modern road conditions. The QR-enabled Driver Passport, updated weekly through CSN dashboards, ensures complete visibility into compliance, training history, and performance.

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Business & Investments

Malabar Gold & Diamonds gears up for New Zealand expansion; Marks historic first UAE investment in New Zealand post UAE-NZ Comprehensive Economic Partnership Agreement (CEPA)

Malabar Gold & Diamonds, one of the most prominent names in global jewellery retail, has announced its landmark entry into New Zealand, marking its 14th country of operations. The inaugural showroom of Malabar Gold & Diamonds in New Zealand, located at Botany Town Centre in Auckland, will be formally launched on the 5th October 2025.

This expansion marks the first UAE investment in New Zealand following the signing of the historic Comprehensive Economic Partnership agreement between the United Arab Emirates and New Zealand. This strategic venture exemplifies Malabar Gold & Diamonds’ confidence in New Zealand’s vibrant market and growing economy, while heralding a deepened economic partnership between the two nations.

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