Business & Investments

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US Ties.

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US TiesIn Partnership with the US Consulate Dubai, IBPC Unveils New Opportunities for Indian Businesses to Expand in the US Market

Dubai, United Arab Emirates

The Indian Business & Professional Council (IBPC Dubai) recently hosted a landmark event as part of its Business Connect Series, focusing on the opportunities offered by the U.S. market for Indian businesses.

In collaboration with the U.S. Consulate in Dubai, this event centred around the SelectUSA initiative, which aims to help foreign companies expand their operations in the U.S.

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Business & Investments

Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE

Dubai, March 2025: Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing up to $400 million through a senior revolving facility backed by a diversified pool of receivables originated by Deem across various asset classes. The transaction is structured to provide significant flexibility, allowing funding to adjust to growth in the portfolio size and composition to support Deem’s dynamic growth strategy.

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Sports & Recreations

The DPL Cricket Tournament Season 5 came to an exciting conclusion

The DPL Cricket Tournament Season 5 came to an exciting conclusion with DRO PATRIOTS emerging as the champions for the second time. Led by captain Sadat Nalakath and owned by Waqas Ali Dar, The Patriots put up a stellar performance throughout the season. The defending champions, DRO KINGS, had to settle for the runners-up position this time, with captain ABS PATIL leading the team owned by Nikhil.

The star player of the tournament was Abs Patil, who not only showcased his batting skills but also excelled in all aspects of the game. The season was sponsored by Gargash Auto adding to the excitement of the tournament. Waqas Ali was awarded Best Bowler while Ashiq & Jitesh won the Best Batsman award. Siraj is the best fielder of the season.

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Technologies

Huawei and JETOUR NMS Announces New Powerful Partnership Through MOU Signing

Dubai, 03 March 2025 – Huawei, the leading global provider of technology, and JETOUR National Motors Supplies (NMS), the official JETOUR dealer in Saudi Arabia, have signed a Memorandum of Understanding on February 19th, during the global launch of JETOUR T1. The agreement is set to drive forward a variety of joint projects aimed at delivering exceptional user experiences.

The partnership will see both companies working together on commercial promotions for JETOUR, utilizing innovative technologies and platforms to engage a broader audience.

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