The Company announced retaining 10 Million sq. ft. of available GFA, unveiling plans to launch two new projects soon
February 05, 2025: Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP) achieves a significant milestone in its recovery plan as it reduced its legacy debt of AED 1.47 billion (FY2022) to AED 575 million as of end of December 2024, and further targets reducing it by end of Q1 2025 by another AED 150 million.
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 375 showrooms across 13 countries, is set to expand its footprint into New Zealand. This strategic move is aligned with the Comprehensive Economic Partnership Agreement (CEPA) signed between the United Arab Emirates and New Zealand, which fosters increased trade and economic collaboration between the two nations.
In Photo left to right): Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds, Honourable Todd McClay, New Zealand’s Minister for Trade, Mr. Ahmad Zakkout, New Zealand’s Consul – General Dubai & Northern Emirates & Trade Commissioner – UAE, Qatar, Levant & Africa, Mr. Sitaraman Varadarajan, Head – Business Development, Malabar Gold & Diamonds.
With the entirety of Malabar Gold & Diamonds’ international operations based out of the Malabar International Hub in the UAE, the signing of CEPA between the UAE & New Zealand will enable the brand to further streamline their business operation as it relates to expanding their retail presence into the 14th global country of operation.
We are thrilled to announce that Asha’s Restaurant has been awarded the title of Best Indian Restaurant at the prestigious BBC Good Food Middle East Awards 2024. This accolade is a testament to our unwavering commitment to delivering authentic Indian cuisine and exceptional dining experiences to our valued guests.
This recognition holds special meaning for us, as it underscores the dedication and passion of our entire team. Founded by the legendary Indian singer and artist Asha Bhosle, Asha’s Restaurant has always aimed to provide a harmonious blend of traditional Indian flavors with contemporary culinary techniques. Since the opening of our flagship location at WAFI City, Dubai, in 2002, we have expanded to 14 locations across five countries, including the UAE, Bahrain, Kuwait, Qatar, and the UK and has been the favorite Indian restaurant for Hollywood icons like Tom Cruise, Ed Sheeran & many Bollywood celebrities.
This partnership highlights the brand’s commitment to support cultural initiatives that unite communities.
[Dubai, United Arab Emirates – February, 5, 2025] – HONOR, a leading global technology brand, is proud to announce its partnership with Louvre Abu Dhabi for the museum’s highly anticipated exhibition, “Kings and Queens of Africa: Forms and Figures of Power” – the new exhibition featuring an extraordinary collection of over 350 works, offering an immersive journey into the cultural, social, and artistic heritage of traditional African kingdoms.
Ras Al Khaimah, 4 February 2025:Ras Al Khaimah Economic Zone (RAKEZ) successfully launched the first event of its Growth Series 2025, “AI on a Budget: Affordable Tools and Smart Automation for Small Businesses,” attracting a diverse group of entrepreneurs eager to harness the power of Artificial Intelligence (AI) without significant investment.
The event, hosted at Compass Coworking Centre, featured expert-led sessions from Raizor Vice President–AI Solutions Savio Tovar Dias, and Koshima.ai founders Carlo Pepe and Rob Hayes. These industry leaders demonstrated practical AI tools and strategies, emphasising how small businesses can use smart automation to improve efficiency and effectiveness economically.
UAE News 24/7 