Real Estate

ANAX Developments  breaks ground on Evora Residences in Al Furjan, within two months of launch

 Evora Residences sees high demand with 80% now sold out

Dubai, UAE – January 30, 2025: ANAX Developments, a subsidiary of ANAX Holding, has broken ground to commemorate the construction of Evora Residences, within two months of unveiling the residential property.  With 80% of the property now sold out within 60 days of its launch, the developer is marking the milestone with a ground breaking ceremony. ANAX Developments has also signed an agreement with Adnann Contracting LLC as the contractor for the project to further ensure timely completion and quality construction of Evora Residences.

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Health Care

135 Global Regulators, Health Authorities, Notified Bodies and Industry Partners

 Gather in Dubai for 2025 MEA MedTech Regulatory Summit

Dubai UAE — 31 January 2025 — Mecomed and the Regulatory Affairs Professionals Society (RAPS) hosted 2025 MEA MedTech Regulatory Summit at the voco Dubai in Dubai UAE on 30 January 2025. The event was the first ever collaboration between the two organizations and attracted 135 global regulatory professionals, industry leaders, and policymakers —across 25 countries—to address the evolving regulatory landscape for medical devices in the Middle East and Africa (MEA) region. 

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Life Style & Leisure

Western Furniture Showcases Exclusive Discounts on Iconic Designs at Dubai Shopping Festival

Dubai, UAE – January 28, 2025 – Western Furniture, a leading name in luxury home furnishings, is excited to announce the launch of its latest collection at the Dubai Shopping Festival (DSF). Until February 2, 2025, Western Furniture will showcase an exclusive range of contemporary furniture and home accessories, offering special promotions and discounts to festival-goers.

As part of the DSF, Western Furniture invites design enthusiasts and shoppers to explore its newest collection, featuring a blend of modern aesthetics and functional elegance. Highlights of the collection include:

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Business & Investments

SUKOON LAUNCHEs GO SAVER EMPLOYEE MONEY PURCHASE SCHEME THROUGH A DEDICATED SUBSIDIARY IN DIFC

Sukoon introduces GO SAVER to provide secure end-of-service benefit and workplace savings        
January 30th, 2025
Dubai, United Arab Emirates
Sukoon Workplace Savings Solutions Limited (SWSS), a fully owned subsidiary of Sukoon Insurance, has launched GO SAVER Employee Money Purchase Scheme, serving corporates in Dubai International Financial Centre (DIFC). Designed to provide secure end-of-service benefit and workplace savings, GO SAVER aims at putting employees’ and employers’ financial protection at the forefront.
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Business & Investments

Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia

RIYADH — January 30, 2025 — Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy.

The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo’s commitment to domestic economic growth and employment.

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