11 e-commerce retailers sign new Compliance Pledge, boosting consumer confidence in online products

Eleven of the UAE’s leading e-commerce retailers and platforms have joined forces with the Ministry of Industry and Advanced Technology by signing the Compliance Pledge. This significant step is aimed at elevating the quality and safety of products sold online. The pledge ensures that products available on these platforms adhere to the UAE’s stringent standards […]

Pizza Express unveils expandable food truck in Dubai’s dining scene

In an exciting development for Dubai’s food and beverage industry, Pizza Express has launched an expandable food truck in collaboration with modular design experts wheelsAHOY. This innovative venture signals a new era in mobile dining, offering a fresh and immersive way for food lovers to enjoy their favorite Pizza Express offerings. As consumer preferences continue to shift […]

Postex, a leading Pakistan fintech company raises US$7.3mln to solve access to capital for ecommerce merchants in the GCC

PostEx (“the Company”), one of Pakistan’s leading fintechs, announces a US$7.3 million pre-Series A funding round. The round was led by Conjunction Capital the technology focused, global venture capital firm. Other participants included new investors Dash Ventures, Sanabil500; and existing investors – VSQ, FJ Labs, and Zayn VC. The proceeds will assist PostEx in consolidating its […]

Anantara Mina Al Arab Ras Al Khaimah sets Gold standard in sustainable luxury

Anantara Mina Al Arab Ras Al Khaimah Resort, a luxury resort developed by RAK Properties, announces its LEED Gold certification for 2024. This prestigious achievement solidifies the resort’s position as a leader in sustainable luxury hospitality, further emphasising its commitment to sustainability and eco-friendly practices. Situated on a private peninsula amidst natural mangroves, Anantara Mina […]

Adaverse invests in Mithu to revolutionize restaurant loyalty programs with Web3

Adaverse, a leading Web3 venture builder, has announced a $500,000 pre-seed investment in Mithu, an innovative loyalty platform aggregator for restaurants and cafes in Saudi Arabia. Mithu aims to solve a critical problem in the loyalty program market, where customers struggle to manage multiple loyalty programs and billions of dollars worth of points expire annually. […]

Meteora acquires DIFC-based real estate crowdfunding platform Maisour

In a strategic move aimed at revolutionising UAE’s real estate investment landscape, Dubai-based Meteora Developers announced today the multi-million dollars acquisition deal of Maisour, a DIFC-based property crowdfunding platform. Maisour’s innovative model of digital fractional ownership has made it possible for people from around the world to invest in Dubai properties with as little as […]

Resal raises a $9mln funding round

Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors. Resal indicated that […]

AURAK tailors Bachelor in Artificial Intelligence to produce market-ready graduates, as AI grows 37.3 % annually

Foreseeing the big impact Artificial Intelligence (AI) is set to make across industries, the American University of Ras Asl Khaimah (AURAK) has tailored its four-year Bachelor of Science in Artificial Intelligence program to produce market-ready graduates. The development comes amid findings that AI is set to become a powerful force in our life and job […]

O2 Group transforms UAE real estate and financial advisory sectors with tailored solutions and Strategic partnerships

O2 Group, a leading player in the UAE’s real estate and financial advisory sectors, is making significant strides in serving affluent individuals and foreign investors, solidifying its position as a key contributor to the region’s thriving economy. As the foremost company managing the influx of foreign investors, O2 Group is committed to offering comprehensive, tailored […]

International developer MERED unveils new headquarters in Dubai Internet City

MERED, an award-winning international real estate developer, has opened its new headquarters within Dubai Internet City, unveiling a 45th-floor office space designed by Pininfarina, an illustrious name in architectural design. The new office, spanning 1,300 sq m, reflects the developer’s continuous growth and evolving design philosophy while incorporating distinctive elements to highlight its unique identity. […]