Category: Business
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MAGRABI RETAIL SIGNS AGREEMENT TO ACQUIRE A MAJORITY STAKE OF LEADING EGYPTIAN RETAILER BARAKA OPTICS GROUP
MAGRABI Retail, the Middle East’s largest eyewear retailer, announces the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt. The transaction remains subject to customary regulatory approvals, including clearance from the Egyptian Competition Authority. Founded in 1979 by Mohamed Fathy…
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Eid Edits: Glam Jewellery, Statement Accessories & Cozy Staycation Style This Festive Weekend
This Eid, Miruna, Piece of You, and Suwen present curated festive edits designed to elevate every celebration moment, from statement glamour and meaningful accessories to soft staycation essentials perfect for the long weekend. Whether dressing for family gatherings, festive dinners, gifting moments, or slow Eid mornings at home or a hotel, the collections bring together sparkle,…
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Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands
Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all…
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UAE Innovation City Launches the World’s First Blockchain-Based Digital Business Identity, Powered by IOPn
Today, Innovation City, the UAE’s premier AI-powered free zone in Ras Al Khaimah, announces the launch of the world’s first blockchain-based digital business identity system. Every company registered here now receives a sovereign, living, cryptographically verifiable identity powered by IOPn’s native layer on blockchain, OPN chain. This is not an upgrade. This is a complete…
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Mai Dubai Leverages Kissflow to Digitalise and Automate Nearly 100 Processes, Enhancing Efficiencies Across Critical Operations
Mai Dubai, the leading bottled water company, has successfully completed an enterprise-wide automation programme using the Kissflow low-code, no-code platform. In just two years since deployment, the company has digitalised and automated 96 critical operational processes, all developed in-house without vendor dependency. This has significantly reduced manual workloads, accelerated turnaround times, and improved overall business…
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ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth
ALEC Holdings PJSC (“ALEC Holdings” or “ALEC”) today released its 2025 Sustainability & Environmental, Social and Governance (ESG) Report, outlining noteworthy progress across employee safety and welfare, while setting new benchmarks for value-driven operations conduct and reinforcing the company’s governance framework following its public listing. “ALEC’s approach to ESG is grounded in the understanding that…
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Piece of You Unveils Spring Collection Highlighting Versatility and Statement Design
Fine jewellery brand Piece of You introduces its unique Spring Collection, a curated edit of contemporary pieces designed to move effortlessly with the modern woman and bring color to life. The collection celebrates versatility, personal expression, and elevated everyday luxury, with standout pieces including the Flipside Huggies and the Weave Ring. The Flipside Huggies are…