New-age digital marketing company YAAP fully acquires Crayons Communications

YAAP, a specialized content and influencer marketing company with operations in the UAE, India and Singapore, has fully acquired Crayons Communications, a well-known advertising agency with offices in Dubai, Riyadh and Manama. The 100% acquisition will see Crayons Communications merge with YAAP.  YAAP acquires Crayons Dubai YAAP has been on a stellar growth trajectory in […]

Ooredoo business launches “Shamel Complete”

Under the umbrella of helping small businesses evolve in their innovation journey, Ooredoo business, the trusted technology partner for business solutions, has launched “Shamel Complete”, an integrated solution that focuses on 5 core areas: Manage, Communicate, Connect, Go online & Track by offering a wide range of Telecom & IT services that allow the entrepreneurs and SME […]

AviLease takes off with launch event

AviLease, a newly established aviation financing and leasing company wholly ownedby the Public Investment Fund (PIF), officially launched today. At the launch event, which took place in London, UK, to coincide with Farnborough International Airshow week, AviLease signed its first leasing agreement, with leading low-cost-airline Flynas, which will see AviLease purchase twelve new A320neo aircraft […]

Microsoft and Majid Al Futtaim aim to partner to empower regional startups

As part of its ongoing commitment to support entrepreneurs, Microsoft today announced that it plans to join forces with Majid Al Futtaim to empower regional startups and SMEs through the Dubai-based retail giant’s Launchpad Program. As a partner in the Majid Al Futtaim Launchpad accelerator initiative, Microsoft intends to commit resources and expertise to startups […]

Agthia Group continues expansion in fast-growing snacking market with acquisition of Auf Group

Agthia Group PJSC, one of the region’s leading food and beverage companies, today announced that its Board of Directors has approved a strategic acquisition of 60% of Auf Group, a specialised healthy snacks and coffee manufacturer and retailer in Egypt. Established in 2010, Auf Group processes, manufactures, retails and distributes a broad portfolio of products […]

Rental growth continues to accelerate in Dubai’s residential market, despite price growth moderating, says CBRE

The total volume of transactions in Dubai’s residential market reached 7,941 in June 2022, up 33.3% from a year earlier. Over this period, off-plan sales increased by 46.7% and secondary market sales by 24.4%. Total transaction volumes in the year to date to June 2022 reached 38,901 this is the highest total recorded since 2009, […]