Mobility Education Summit Abu Dhabi deliberates on the future of mobility

Training in Metaverse and technological advances in mobility and driving education brought to the fore at the event Increasing travel speed by 10 percent would increase the productivity of the city by 3% and labor market by 15%. Abu Dhabi Smart Driving Test Project represents a quantum leap and a pioneering initiative 16 November 2022; Abu Dhabi, UAE: With a vision and focus on digital transformation and foreseeing the future in the field of mobility and driving education, the first Mobility Education Summit, a global initiative launched by UAE brought…

H.E Abdulaziz Al-Ghurair: UAE banking sector has strong foundation to continue growing

معالي عبد العزيز الغرير: القطاع المصرفي يمتلك أسساً متينة لمواصلة النمو

UAE Banks Federation participates in Abu Dhabi Financial Week as strategic partner Banking sector assets rise 12-fold from US$75 billion to more than US$900 billion in two decades 95% of banking transactions are digital, and 90% are via smartphones UAE is among the top seven financial hubs in the world Abu Dhabi, United Arab Emirates- 16 November 2022: H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the unified representative and voice of UAE banks, said that the banking sector in the UAE has a solid foundation to continue to…

Look out Metaverse, Apparel Group’s 6thStreet.com has entered the arena

6 ستريت من مجموعة أباريل يدخل عالم “الميتافيرس”

Leading fashion and lifestyle e-commerce player 6thStreet.com is one of the first in the GCC to enter the Metaverse in a unique space that blends fashion and Web3.0 called ‘Space6’. The virtual venture aligns with its Super Friday campaign, where visitors can enjoy an immersive entertaining shopping experience and explore shoppable rooms, a cinema hall, go on a treasure hunt & get rewarded from November 15th to 30th. Today, the Metaverse is predicted to change shopping experiences in the retail sector for both customers and brands. 6thStreet.com has always been…

RAK Mall to host interactive pet zoo

“رأس الخيمـة مـول” يعلن عن استضافته لحديقة حيوانات أليفة تفاعليَّـة

Pet lovers can interact and engage with a variety of animals hosted at the indoor petting zoo RAK, UAE: Visitors to RAK Mall can interact with flurry friends and cute lovable animals at the petting zoo hosted in the mall from the 11th to 13th November and 18th to 20th November 2022 from 4pm to 9pm and have the opportunity to learn about the need for compassion towards other living beings. The children can hold and feed the animals and hopefully grow up with a huge respect and love for all creatures great…

Safari Holding Signs Exclusive PropTech Deal with UAE-based HITEK

سفاري القابضة السعودية توقع اتفاقية شراكة حصرية مع شركة هاي تيك

Leading Riyadh-based business group signs exclusive five-year agreement to market HITEK’s in-house technology throughout the Kingdom of Saudi Arabia Dubai, United Arab Emirates Leading UAE-based smart property management solutions company HITEK Services, which is part of the Farnek group of companies, has signed an exclusive five-year partnership agreement with Riyadh-based Safari Holding. The contract which was signed at the Safari Group’s head office in Riyadh, allows the Saudi company to offer a suite of smart technology solutions including CAFM, IoT, BMS, energy and carbon management solutions, all developed by HITEK’s in-house technology…

Announces the 4th Edition of its Biggest Sale of the Year, Taking Place from November 18 to November 30, 2022

تعلن دانوب هوم عن الإصدار الرابع لأكبر تنزيلات العام من تاريخ 18 نوفمبر إلى 30 نوفمبر 2022،

Danube Home Mad Red Sale – , with Discounts of up to 90 percent Dubai, United Arab Emirates Danube Home Online, the home furnishings and home improvement division of Danube Group, announced the launch date for the fourth edition of its Mad Red Sale in GCC countries, at discounts of up to 90%, 1 AED offers and daily flash deals on more than 10,000 products. The Mad Red Sale is Back with yet another season, as the biggest ever online sale on Danube Home Website. It will be one of…

announces the 4th edition of its Biggest Sale of the year, taking place from November 18 to November 30,2022,

تعلن دانوب هوم عن الإصدار الرابع لأكبر تنزيلات العام من تاريخ 18 نوفمبر إلى 30 نوفمبر 2022،

Danube Home Mad Red Sale – Danube Home launches its biggest annual online sales promotion. Customers can now avail of the best offers before the holiday season begins Nov. 18-Nov. 30, 2022. Danube Home Online, the home furnishings and home improvement division of Danube Group, today announced the launch date for the fourth edition of its Mad Red Sale in GCC countries, at discounts of up to 90%, 1 AED offers and daily flash deals on more than 10,000 products. The Mad Red Sale is Back with yet another season,…

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

Abu Dhabi, United Arab Emirates — AD Ports Group (ADX: ADPORTS) today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively. The total purchase consideration (Enterprise Value) for 100% ownership amounts to AED 2.5 billion (EUR 660 million), implying an LTM EV/EBITDA of 4.6x. This value and earnings accretive acquisition, which significantly broadens AD Ports Group’s global footprint and positions it among…