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ADDED enhances consumer protection efforts

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ADDED enhances consumer protection efforts

·       Settling 83.4% of consumer complaints despite their increase by 6.9%

·       Consumer complaints related to goods and services valued at AED26.64 million

·       Car maintenance and spare parts complaints increased by 54% reaching 1,493 cases

Abu Dhabi- 4 March 2024:

The Abu Dhabi Business Centre, part of the Abu Dhabi Department of Economic Development (ADDED), has reported a growth of 83.4% in the number of resolved consumer cases during 2023, reflecting the effectiveness of its efforts to enhance consumer rights and the business sector’s vitality.  

According to the Abu Dhabi Business Centre’s data, the number of consumers complaints in the Emirate has reached 24,833 complaints in 2023, up 6.9% from 23,232 cases in 2022 while the estimated total value of goods and services of the reported complaints was AED 26.64 million.

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Business & Investments

NewTech Insurance Brokers enriches customer experiences

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NewTech Insurance Brokers enriches customer experiences, records 90% client renewal rate and 35% growth in business KPIs

  • The company remains committed to offering advanced customisable, affordable and reliable insurance products to individuals and corporates
  • Reports state that the UAE insurance sector places a substantial focus on health and life insurance, with the market projected to reach USD 19.6 billion by 2030 from USD 10.131 billion in 2022

UAE, March 05, 2024

NewTech Insurance Brokers, a licensed and regulated insurance brokerage powerhouse in the UAE, recorded a remarkable business growth in the fiscal year 2023 with a surge of over 35 per cent in key performance indicators (KPIs) and a renewal client rate exceeding 90 per cent.

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Technologies

HR & Fintech Platform RemotePass Secures $5.5 Million in Series A Funding Led by 212vc

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HR & Fintech Platform RemotePass Secures $5.5 Million in Series A Funding Led by 212vc

RemotePass will use the funds to drive the company’s market expansion, supercharge its award-winning app, scale operations, and unlock a wave of product innovation — all designed to empower businesses and unlock new opportunities for global talent

Dubai, United Arab Emirates, 5th March, 2024: RemotePass, an HR & Fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding.

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Travel & Tourism

Wego and Bahrain Tourism and Exhibitions Authority: “Pioneering Together to Showcase Bahrain’s Beauty”

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Wego and Bahrain Tourism and Exhibitions Authority: “Pioneering Together to Showcase Bahrain’s Beauty”

Dubai, UAE, 5 March 2024: Wego, the largest online travel marketplace in MENA (Middle East and North Africa), and the Bahrain Tourism and Exhibitions Authority are coming together to promote Bahrain as a leading travel destination. This strategic partnership combines Wego’s cutting-edge travel technology with Bahrain’s abundant cultural heritage and diverse attractions, promising an unmatched experience for travelers worldwide.

Wego, renowned for connecting millions of users to a wide array of travel options, is excited to join forces with the Bahrain Tourism and Exhibitions Authority to showcase the Kingdom’s unique attractions, historical landmarks, and warm hospitality. This collaboration signifies a shared commitment to enhancing Bahrain’s visibility on the global stage and driving tourism growth for the Kingdom.

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Real Estate

London Gate announces the opening of a Business Center

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London Gate announces the opening of a Business Center for a unique experience in the “Frank Muller Eternitas Tower”
  • The tallest branded residential clock tower in the world
  • Dubai, a global economic powerhouse in the real estate sector, embodies the vision of the United Arab Emirates
  • The Frank Muller Eternitas Tower offers an unparalleled living experience
  • London Gate and partnerships establish a concept of luxury living

Dubai, March 4, 2024: London Gate, a leader in the real estate development sector, has announced the launch of the exemplary Business Center for its new architectural masterpiece, the “Frank Muller Eternitas Tower”, capturing global attention and distinguished by its strategic location in Dubai Marina. It stands as the tallest residential tower in the world bearing the iconic clock by the luxurious Swiss brand “Frank Muller”.

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