Business & Investments

Hira Group Elevates the HVAC Experience with Grand Unveiling of Cutting-Edge Showroom in Fujairah, UAE

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Hira Group Elevates the HVAC Experience with Grand Unveiling of Cutting-Edge Showroom in Fujairah, UAE

UAE, February 2024:Hira Group, a prominent manufacturer in the building products sector is announced the expansion of its footprint with the launch of a new showroom in Fujairah.

Committed to delivering world-class quality and manufacturing, Hira Group aims to reinforce its presence and provide exceptional solutions to both existing and potential clientele. As a leading global manufacturer in the HVAC and construction industry, the inauguration of a state-of-the-art showroom in Fujairah, UAE is yet another milestone for the company.

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Education

EM Normandie launches first-of-its-kind logistics and port management degree in UAE

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New program to providein-demand skills forburgeoning maritime sector

February 22,2024, Dubai, UAE:EM Normandie Business School in the UAE has launched the first-of-its-kind Masters in International Logistics and Port Management (ILPM) program, to address the growing skills demand across the Emirates’ burgeoning maritime trade sector. Created to boost professional talent in the region’s logistics and port management operations, the program will be inaugurated with a cohort of corporate learners starting in Spring 2024.

Delivered by international faculty at EM Normandie’s Dubai Knowledge Park campus, the ILPM program focusses on the latest innovations and technology-based solutions in the logistics sector. It equips students with both the technical knowledge and management skillsto take a leading role in one of the UAE’s dominant growth sectors, as the country ranks fifth as a highly competitive maritime hub on a global scale.

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Real Estate

Dubai Property Market Strengthens in 2023, Led by Residential’s Best Year on Record

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Dubai Property Market Strengthens in 2023, Led by Residential’s Best Year on Record

  • Residential transaction activity grew by 29% y-o-y to an all-time high of 118,200 units
  • The office real estate market witnessed a surge in demand in 2023, with some developments seeing yearly rental increases of more than 40%
  • The industrial and logistics sector in Dubai was among the most resilient real estate asset class in the city

Dubai’s real estate market has seen steady growth over the past year, driven by the increase in expatriate population, policies such as the recent change to the rules for real estate investors to qualify for the Golden Visa, and Dubai’s growing and diversified economy overall. Savills, a global real estate services provider, released the Dubai Property Market report for 2023, which revealed a robust year across different sectors in Dubai’s real estate market.

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Business & Investments

KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

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KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

Company to Acquire, Manage and Operate existing and new KEZAD Group Built-up Assets

Abu Dhabi, UAE – 21 February 2024:  KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities & Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, is set to transfer the management of approximately 750,000 square metres of its built up assets to KEZAD Assets Management Company (KAMC), making it a key player in the industrial and logistics assets sector through strategic acquisitions, management, and operations.

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Business & Investments

Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

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Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

  • The collaboration signifies Emirates NBD’s continued commitment to fostering innovation and excellence in the financial sector
  • Dubai FinTech Summit will serve as the perfect platform for Emirates NBD to showcase its cutting-edge solutions and initiatives
  • This event will spotlight the bank’s efforts in developing customer-centric solutions to address the evolving needs of the financial industry

Dubai, 21 February 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, joins theDubai FinTech Summit, organised by Dubai International Financial Centre (DIFC), as a Premium Banking Partner, underscoring its dedication to drive innovation and excellence in the financial sector. The official partnership agreement was signed in the presence of Arif Amiri, Chief Executive Officer at DIFC Authority and Abdulla Qassem, Group Chief Operating Officer at Emirates NBD during the DFS dialogues that took place on 23 January 2024, where industry leaders came together to drive discussions and set the agenda for the upcoming second edition of Dubai FinTech Summit, to be held on 6 and 7 May 2024 at Madinat Jumeirah, Dubai.

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