Tag Archives: Featured

CARS24 Achieves Profitability in Just Over 1000 Days of Launch in UAE

Dubai, xx December 2024: CARS24, the leading global e-commerce platform for pre-owned vehicles that launched its operations in the UAE in 2021, now has reached profitability and cemented its position as the largest player in the used car landscape. With its data-driven approach and personalised customer experience, CARS24 has successfully disrupted the traditional used car ecosystem.

Mr. Abhinav Gupta CEO , Cars 24

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MERED partners with SERA Group to deliver the ICONIC Residences designed by Pininfarina

17 December 2024; Dubai, UAEMERED, the reputed international real estate developer, has officially announced SERA Group, a leading name in the Turkish construction industry, appointing them as the general contractor for its flagship project ICONIC Residences, design by Pininfarina, a residential landmark set to redefine luxury living in Dubai Internet City.

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Lacasa Group Ventures into Real Estate Development with Lacasa Living

Lacasa Group Ventures into Real Estate Development with Lacasa Living – Projects Worth AED 1.2 Billion Planned for 2025

Dubai, UAE, December 2024 – Lacasa, a multidisciplinary architectural and engineering firm renowned in the region for its decade-long design expertise, has announced its strategic entry into real estate development through the launch of its new division, Lacasa Living.

This marks a transformative step for the company, which has been instrumental in delivering landmark projects across residential, hospitality, and mixed-use developments, as well as top-of-the-range interior designs services. The new venture aims to bring bespoke developments that emphasize intelligent design and meticulous craftsmanship.

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Huawei Launches Groundbreaking Products to Redefine Foldable, Audio, and Design Excellence

[Dubai, UAE, December 12, 2024] – Huawei Consumer Business Group (CBG) unveiled several highly anticipated products that usher in a new era of flagship foldable excellence, as part of the “Unfold the Classic” HUAWEI Flagship Product Launch held in Dubai on December 12.

Among these products is the new foldable smartphone, HUAWEI Mate X6, which sets a new standard for foldable smartphones and further solidifies Huawei’s leadership in the market. The HUAWEI Mate X6 is expected to redefine the foldable experience with its innovative design, durability, advanced features, and exceptional user experience.

In addition to the Mate X6, Huawei introduced an impressive lineup of new devices, including the HUAWEI nova 13 series, HUAWEI FreeBuds Pro 4, HUAWEI FreeClip in Rose Gold, and the HUAWEI MatePad 11.5. This suite of products represents a new era of flagship innovation, showcasing Huawei’s commitment to continuous advancement and delivering flagship experiences for consumers across the MEA region.

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Astra Tech’s Quantix Secures Landmark $500 Million Financing from Citi

Astra Tech’s Quantix Secures Landmark $500 Million Financing from Citi, the Largest UAE Fintech Deal to Date

Abu Dhabi, UAE: 11 December 2024 – Quantix Technology Projects LLC, a subsidiary of Astra Tech, the leading fintech company based in Abu Dhabi, announced today that it has secured a substantial $500 million asset-backed securitization financing from Citi to support its CashNow consumer lending platform.

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