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Business & Investments

STEP CONFERENCE CELEBRATES START OF TWELFTH DUBAI EVENT

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STEP CONFERENCE CELEBRATES START OF TWELFTH DUBAI EVENT WITH NEW GLOBAL PARTNERSHIP HOST MODEL


Dubai, UAE – 21 February 2024 – Dubai’s premier tech festival, Step Conference, is in full swing for its twelfth Dubai event and this morning, co-founder and CEO of Step, Ray Dargham announced, at the official opening ceremony, that the Dubai-born-brand will be “going global” through a leading partner hosting model for global event organisers to explore.

The new model has been created in response to significant demand organisers have received to take the event to other markets beyond Saudi Arabia and will see the Step brand leverage the increasing government interest across the world in accelerating and supporting start-ups within key cities.

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Business & Investments

Café Barbera Unveils KSA Expansion at Gulfood, Bringing a Taste of Italy to Riyadh

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Café Barbera Unveils KSA Expansion at Gulfood, Bringing a Taste of Italy to Riyadh

Dubai, United Arab Emirates; 21 February 2024:

Café Barbera, the iconic Italian coffee house with over 150 years of history, announced its exciting expansion into the Kingdom of Saudi Arabia at Gulfood 2024. This exciting entry into the Saudi Arabian market is made possible through a strategic partnership with Big Apple Sweets LLC, a prominent foodservice operator in the UAE. The first outlet under this partnership will open in Riyadh in just four weeks, representing an important milestone in bringing authentic Italian coffee culture to the region.

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Business & Investments

H.H. Sheikh Ali Rashed Ali saeed Al Maktoum officially inaugurated KALLADA FOOD INDUSTRIES

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Dubai, UAE – In a grand ceremony, H.H. Sheikh Ali Rashed Ali saeed Al Maktoum officially inaugurated KALLADA FOOD INDUSTRIES, a pioneering addition to Dubai’s food processing landscape, situated in the dynamic Dubai Investment Park 2 (DIP-2). This new, cutting-edge facility, sprawling over 70,000 square feet and valued at 100 million, marks a significant milestone in the region’s food sector.

Official inauguration of KALLADA FOOD INDUSTRIES

At the helm of this venture is Mr. Ayoub Kallada, the Managing Director of the group, whose profound passion and extensive three-decade experience in the food industry have been instrumental in shaping the vision for KALLADA FOOD INDUSTRIES. Mr. Kallada, who founded BETTERGROW GENERAL TRD LLC (originally NAZEEM AHMED GENERAL TRADING LLC) in 2008, has been a key figure in transforming the company into a leading wholesaler and distributor of dried fruits and nuts across the Middle East and North Africa (MENA) Region, with its headquarters in Dubai.

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Business & Investments

Binghatti Holding Set to Launch Debut US Dollar Sukuk

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Binghatti Holding Set to Launch Debut US Dollar Sukuk

Dubai, UAE – (date) – Binghatti, a leading Emirati property development company headquartered in Dubai, is preparing to undertake a significant financial milestone with the launch of its inaugural US Dollar Sukuk in the coming days, subject to market condition. This will highlight the company’s strategic move towards diversifying its funding base.

Emirates NBD, Dubai Islamic Bank, Abu Dhabi Islamic Bank, HSBC, Mashreq, Sharjah Islamic Bank, and RAKBANK have been appointed as Joint Lead Managers and bookrunners on the contemplated inaugural debt capital markets transaction.

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Ramadan Kareem, Shopping & Promotions

Union Coop Announces Ramadan 2024 Promotions

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Union Coop Announces Ramadan 2024 Promotions

Thousands of products and goods are subject to discounts of up to 75%.

Union Coop reduces prices of more than 4000 items during Ramadan.

Dubai, UAE – Union Coop has unveiled its Ramadan 2024 promotions, offering discounts of up to 75% on thousands of products. With a commitment to community well-being and economic stability, Union Coop has reduced prices on over 4000 food, non-food, and essential consumer items during the holy month.

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