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  • Channel Summit META 2025 to Spotlight Market Intelligence

    Channel Summit META 2025 to Spotlight Market Intelligence

    Channel Summit META 2025 to Spotlight Market Intelligence, AI Innovation, and E-Waste Policy Shift

    Abu Dhabi event returns with a powerful lineup of tech experts, exclusive insights and strategic conversations for the consumer tech retail industry

    A session fromFutureproof Insights, a consumer neuroscience agency, exploringhow subconscious processes shape purchasing decisions—giving brands a newlens on customer experience

    in addition,Almonds.aiwill shareloyalty programme strategies and best practices, with afocus on maximising partner and customer engagement.Profitwheelwill present theirconsumer.ai intelligence platform, offering a fresh approach to understanding today’sdigitally-driven shopper.This year’s conference will also includesessions whereRoute toMarketwill unpack itsrecent partnership with eBayto help regional brands tap into newdistribution opportunitiesandImpact2Earnwill spotlight how AI, blockchain, and digitalincentives are being used toreinvent recycling behavioursthrough a tech-first sustainabilitymodel.

    Tackling E-Waste Through Policy and Dialogue

    A standout panel,“Change is on the horizon: how will the UAE’s e-waste legislationimpact the channel?”, will bring together regulators and retail leaders to discuss theimplications ofExtended Producer Responsibility (EPR)—a bold legislative moveby theUAE’s Ministry of Climate Change and Environment (MOCCAE)to reshape how packagingand electronic waste is managed.The session will explore the current approach to e-waste, recycling and circularity, howEurope is adopting similar policies, anddiscuss potential implications for brands, retailersand distributors

    Built for Business.

    Designed for Leaders.Structured aroundhigh-value networkingandtargeted matchmaking, Channel Summit META2025 is designed fordecision-makers only—with 80% of participants holding director-levelor C-suite positions. Attendees will meet one-on-one withbrands from across the globe,covering consumer electronics, smart appliances, wearables, IT accessories, gaming, andmore.This year’s programme builds on the success of previous editions, where thousands of pre-scheduled meetings have led to concrete partnerships across the region.

    Farouk Hemraj, founder of ChannelHub, commented:“Channel Summit META continues toraise the bar, not just in terms of who we bring together—but in the conversations weenable. In 2025, we’re addressing the issues that matter most: sustainability, smart retail,tech-driven loyalty, and real-time market insight. Our goal is to make every meeting count,and every session actionable.

    Channel Summit META Awards

    Also returning this year is theChannel Summit META Awards, recognisingexcellence,innovation and impactacross the region’s consumer tech retail sector.This includes awards judged on measurable outcomes (based on summit meeting feedback)andtwo special submission-based categoriesnow open for entries:

    Best Product Launch

    Circular Initiative

    More information and entry forms are available at:https://www.channel-summit.com/awards-meta.These awards offer a powerful opportunity to shine a spotlight on outstandingachievements across marketing, retail execution, product innovation, and more

    To learn more or apply to attendChannel Summit META,

    visithttps://www.channel-summit.com/mena.

     

     

  • Al Masaood Automobiles Rolls Out the All-New Nissan Magnite Across its Showrooms

    Al Masaood Automobiles Rolls Out the All-New Nissan Magnite Across its Showrooms

    Al Masaood Automobiles Rolls Out the All-New Nissan Magnite Across its Showrooms

    The all-new compact SUV debuts in the UAE capital, bringing best-in-segment tech-to-value and expanding Al Masaood Automobiles’ Nissan SUV offerings

    Abu Dhabi(News Desk):: Al Masaood Automobiles has officially introduced the all-new Nissan Magnite across its showrooms in Abu Dhabi, Al Ain, and the Western Region, following its recent regional debut. Making its first appearance in the capital, the Magnite expands Al Masaood Automobiles’ Nissan SUV segment, reinforcing the brand’s commitment to customer-centric innovation and delivering value.

    The launch represents a new milestone for Al Masaood Automobiles and the local SUV segment. As a completely new entrant in the compact SUV category, the Nissan Magnite opens doors to a segment of drivers in Abu Dhabi who seek a smart and modern, SUV that doesn’t compromise on value, technology, or safety.

    Elevating urban mobility, the Magnite is purpose-built for today’s forward-thinking drivers those who prioritise intelligent technology, enhanced safety, compact convenience, and exceptional value. Its dynamic design sports a striking grille, high ground clearance, and diamond-cut alloy wheels that highlight its sporty appeal. The cabin offers a seamless blend of style and functionality, including a fully digital 7-inch instrument cluster and an 8-inch touchscreen infotainment system equipped with wireless Apple CarPlay and Android Auto ensuring a connected, intuitive driving experience at every turn.

    Under the hood, the all-new Magnite is powered by a turbocharged 1.0-litre engine that delivers 100 PS of power and 152Nm of torque, combining efficiency with exhilarating performance. Safety remains paramount with advanced features such as the Around-View Monitor, ABS & VDC, Auto Headlamps, and comprehensive airbag coverage, ensuring peace of mind on every journey.

    Bachir Gemayel, Sales and Marketing Director at Al Masaood Automobiles, said: “At Al Masaood Automobiles, our commitment to exceeding customer expectations continues to guide every decision we make. The arrival of the all-new Nissan Magnite reflects our commitment to bringing our customers mobility solutions that seamlessly blend smart design, the latest technologies and features, and trusted safety, hence adding value to their lives. With the Magnite, Al Masaood Automobiles contributes to the expansion of the Nissan SUV lineup to better reflect the diverse lifestyles and ambitions of our community. As always, we remain dedicated to delivering memorable experiences that go beyond the vehicle itself, and extend throughout the full ownership journey of our customers. These relations are built on trust, understanding, and a deep appreciation for what our customers truly value in their daily drives.”

    The arrival of this latest model aligns with Nissan’s global business transformation strategy, ‘The Arc’, and presents Japanese engineering excellence to the regional compact SUV segment. As the third vehicle under this blueprint and a key pillar alongside the iconic Patrol and popular X-Trail, this model not only reinforces Nissan’s leadership in the SUV segment, with plans to expand the lineup by 2026, but also exemplifies Al Masaood Automobiles’ commitment to deliver innovative, quality vehicles that make a bold statement on the road and cater to diverse customer needs.

    The Magnite is available in a variety of trims and comes in five bold colour options, including stylish dual-tone combinations, giving customers the freedom to choose a version that best fits their personality and lifestyle.

    To find out more about the latest model, customers can explore showrooms across Abu Dhabi, Al Ain, and the Western Region or visit the website: https://en.nissan-abudhabi.com/. -ends-

     

  • Maxi Sánchez Leads Exhibition Match at Padel Edition Grand Opening, sponsored by MERED in Dubai

    Maxi Sánchez Leads Exhibition Match at Padel Edition Grand Opening, sponsored by MERED in Dubai

    Maxi Sánchez Leads Exhibition Match at Padel Edition Grand Opening, sponsored by MERED in Dubai

    Dubai(News Desk):: Padel Edition, Dubai’s premier new padel club, celebrated its official Grand Opening on April 11, 2025, with an electrifying exhibition match headlined by former World No. 1 Maxi Sánchez. The event brought together a stellar lineup of international top players, including Alex Arroyo,

    Edu Alonso, Fran Guerrero, and Marc Quílez, who thrilled spectators with a high-energy showcase of professional padel. Among the notable attendees was Eisa Sharif Al Marzooqi, a Board Member at the UAE Padel Association, underscoring the growing support for padel in the sports community.

    The opening of Padel Edition marks a significant moment for Dubai, a city quickly becoming a key destination for sports and luxury living. The club features eight professional-grade courts, a luxuriousbrecovery suite, and a serene fitness studio. The event was presented in partnership with MERED, an award-winning real estate developer known for its innovative approach to lifestyle-focused developments, and ICONIC Residences Design by Pininfarina, one of the official title sponsors.

    Rafi Istanboull, Co-Founder of Padel Edition commented: “To our incredible community, you are the soul of this club. What began as a shared love for padel has grown into a true family. You’ve created a welcoming space where friendships thrive, and the game unites us. Thank you for making this club feel like home.”

    Michael Belton, CEO of MERED, added: “We’re excited to support the rise of padel and contribute to the growth of a more dynamic, active lifestyle for residents and visitors. Through our unique Iconic Talents; Iconic Legends Program, we have been able to bring renowned athletes to the UAE, creating unforgettable experiences that entertain and inspire but also champion a vibrant culture of healthy living.”

    The growth of padel in the UAE aligns with the country’s broader sports development strategy, with the local sports industry projected to exceed $129 million by 2025. Government initiatives are playing a crucial role in diversifying the sector and creating new opportunities for international partnerships and talent. Padel’s rapid growth reflects Dubai’s ambition to expand its sports offerings and solidify its status as a global destination for both emerging sports and elite athletes.

    As Dubai continues to enhance its reputation as a global centre for sports and luxury living, Padel Edition offers a refined sporting experience within an exclusive setting. The club’s advanced facilities cater to athletes of all levels, encouraging community engagement and promoting wellness.

    To learn more about Padel Edition, visit their website at padeledition.ae. For details on MERED and ICONIC Residences, visit mered.ae.

  • ADEX Participates in TXF Middle East & Africa 2025

    ADEX Participates in TXF Middle East & Africa 2025

    ADEX Participates in TXF Middle East & Africa 2025 to Advance Regional Export Finance Collaboration

    Abu Dhabi(News Desk):: The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), took part as a key sponsor in the TXF Middle East & Africa 2025, held over three days in Dubai.

    This edition of TXF marked the first time the conference merged its Middle East and Africa editions into one comprehensive platform, uniting decision-makers, financiers, and exporters from both regions to promote cross-regional partnerships, explore common interests, and align strategies that support economic development.

    Khalil Al Mansoori, Executive Director of ADEX, delivered a keynote address highlighting ADEX’s role as a strategic enabler of the UAE’s export sector. “At ADEX, we believe meaningful progress begins with meaningful partnership. Collaboration is the foundation of everything we do,” he said.

    Al Mansoori noted that ADEX’s role continues to evolve in line with national ambitions such as Operation 300 Billion, Abu Dhabi’s Industrial Strategy, and the UAE Centennial 2071. “We are committed to helping the UAE become a global hub for innovation and trade. Supporting exports and investments in key sectors like AI and renewable energy plays a vital role in achieving a competitive, knowledge-based economy,” he added.

    To support this vision, ADEX has expanded its financing solutions beyond traditional loans and guarantees for foreign buyers of UAE goods and services. The agency now also provides direct loans to UAE-based businesses to help scale production and invest in capital expenditure, in addition to offering multilateral risk repurchase agreements that unlock liquidity for high-impact export deals.

    “These tools make us more agile, more responsive, and more aligned with the needs of our exporters and partners,” Al Mansoori explained. “They also allow us to support the UAE’s efforts to diversify its economy while opening new opportunities for local companies abroad.”One of the highlights of the event was TXF’s recognition of ADEX’s syndicated facility with BGN as one of its Deals of the Year, acknowledging the creative structuring and impact of the transaction in supporting UAE exports in emerging markets.

    The event included insightful panel discussions, country-focused workshops, and roundtables of heads of export and project finance.END –

  • e& AGM approves 83 fils dividend per share for FY 2024

    e& AGM approves 83 fils dividend per share for FY 2024

    e& AGM approves 83 fils dividend per share for FY 2024

    Reinforcing shareholder value and strengthening global tech leadership

     Record-breaking financial performance with consolidated revenues of AED 59.2 billion (+10.1%) and net profit of AED 10.8 billion (+4.3%) in 2024

    • Approved AED 0.83 per share dividend, reinforcing the Group’s progressive dividend policy and shareholder value creation
    • Consolidated EBITDA reached AED 26.5 billion (+2.7%)
    • Global subscriber base grew to 189.3 million, an 11.7% increase year-over-year, demonstrating continued customer acquisition and engagement
    • Expanded presence across 38 countries, leveraging telecom and digital capabilities across the Middle East, Africa, Asia, and Europe
    • Named ‘World’s Fastest-Growing Brand’ by Brand Finance, recognizing strategic brand and business transformation
    • e& UAE achieved the world’s fastest mobile network speeds, highlighting leadership in 5G infrastructure and digital innovation

     Abu Dhabi(News Desk):: e& held its Annual General Meeting (AGM) today, where shareholders reviewed the Group’s 2024 performance and reaffirmed their confidence in its transformation into a leading global technology group.

    The AGM approved the Board’s recommendation for FY 2024 of cash dividend of 83 fils (AED 0.83) per share for the fiscal year 2024 — further reinforcing e&’s commitment to delivering consistent value through a progressive dividend policy announced last year for its shareholders.

    H.E. Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, stated: “2024 was another successful year marked by accelerated growth and impressive progress with our strategy to transform into a global technology company.“e& delivered record consolidated revenues of AED 59.2 billion growing 10.1 per cent, and record net profit of AED 10.8 billion, growing 4.3 per cent in 2024. These achievements were underpinned by key strategic decisions made by the Board, including progressing on geographic expansion and revenue diversification and scaling up digital verticals. These measures have not only reinforced our financial resilience but also positioned e& to capitalise on new opportunities while ensuring sustainable long-term value for our stakeholders.”

    H.E.  Alzaabi added: “As we look to the future, e& is committed to growth and transformation across 38 countries in the Middle East, Africa, Asia, and Central and Eastern Europe. Our ambition is to innovate, lead, and deliver greater value for those we serve. Together, we will continue shaping a brighter, more digitally empowered future.”

    Hatem Dowidar, Group Chief Executive Officer of e&, said: “2024 was a year of ‘more’ — more impact, more opportunities, more growth, and more passion for excellence. It marked a successful chapter in our transformation journey as we continued to evolve into a global technology leader. We leveraged our presence of telecom and digital services across 38 countries to deliver enhanced dividends and a stronger performance, cementing trust among our stakeholders. Through superior connectivity, advanced digital solutions, and AI-driven innovations, we will continue to empower our customers and the communities we serve.

    “As we look ahead, we do so with a clear vision: to lead with purpose, collaborate with impact, and innovate for the future. 2025 will see us deepen our focus on digital transformation, scale our AI and data-driven solutions, and drive inclusivity in technology access. With the support of our talented teams, trusted partners, and loyal customers, we are poised to continue empowering communities, transforming industries, delivering sustainable value for generations to come, and always go for more.”

    e& strengthened its global leadership through strategic investments and high-impact initiatives. The Group was recognised as the ‘World’s Fastest-Growing Brand’ by Brand Finance and expanded its footprint through landmark partnerships and acquisitions.

    e& UAE earned global recognition for delivering the fastest mobile network speeds worldwide — a clear reflection of its continued leadership in 5G innovation and infrastructure.

    2024 financial highlights

    e& has delivered record financial performance in 2024, reporting a consolidated net profit of AED 10.8 billion, an increase of 4.3 per cent year-over-year (YoY). This milestone reflects three years of strategic transformation, reinforcing the Group’s position as a global technology group.

    Consolidated revenues reached AED 59.2 billion, growing 10.1 per cent driven by growth across all business verticals. Consolidated EBITDA rose by 2.7 per cent YoY at constant exchange rates, reaching AED 26.5 billion. The group’s total subscriber base grew to 189.3 million, marking an 11.7 per cent increase compared to 2023.-END-

  • Khalifa Fund for Enterprise Development participates in Abu Dhabi’s first ‘Modest Fashion Week’

    Khalifa Fund for Enterprise Development participates in Abu Dhabi’s first ‘Modest Fashion Week’

    Khalifa Fund for Enterprise Development participates in Abu Dhabi’s first ‘Modest Fashion Week’

    Abu Dhabi(News Desk):: The Khalifa Fund for Enterprise Development is participating in the ‘Abu Dhabi Modest Fashion Week – ADMFW 2025’, which is being held from April 14 to 16, 2025, for the first time in Abu Dhabi at St. Regis Saadiyat Island Resort. The prestigious event is conducted under the theme ‘Celebrate Modesty, Celebrate Diversity, Celebrate Yourself.’
    Six exceptional projects supported by the Khalifa Fund are showcasing their work at the event,each presenting an innovative perspective on modest fashion that reflects elegance while adhering to cultural and traditional values. The ‘Cabochon Ladies Fashions’ seamlessly combines contemporary design with traditional elements by using luxurious fabrics and meticulous craftsmanship. The ‘Soliel for Trading’ provides a collection of abayas and dresses that blend timeless design with a modern touch, appealing to a wide range of audience.
    Meanwhile, ‘Bespoke Atelier Ladies Tailoring’ redefines conventional garments such as mukhawars and jalabiyas with modern designs, highlighting the brand’s commitment to empowering women.

    The lineup also includes ‘Cat Eye Beauty,’ offering comprehensive beauty services and innovative body slimming solutions and ‘Deheyah Cosmetics Trading’ a luxury natural skincare brand inspired by Emirati heritage, utilising sustainable ingredients such as palm fibre loofah soap and natural mosquito repellent. In the creative arts section, ‘Hajar Alblooshi Fine Arts  Trading’ is presenting a unique blend of tradition and modernity, offering porcelain  painting classes and creating bespoke tableware pieces that tell cultural stories with exceptional craftsmanship. These projects exemplify the fusion of authenticity and innovation, showcasing Emirati creativity through a distinct message that intertwines heritage with progress.

    Mouza Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, said: “Abu Dhabi Modest Fashion Week provides a dynamic platform to reaffirm our unwavering support for the fashion industry. Promoting local brands aligns with the ambitions of the ‘Falcon Economy,’ which aims to drive sustainability, human capital development and economic growth by empowering small and medium-sized enterprises (SMEs).

    The UAE’s steadfast dedication to this sector is evident through investments in both local and global brands as well as through events that foster innovation. This signifies our commitment to supporting entrepreneurs in this field, helping local brands to grow  as global players, both within the UAE and beyond.”As a prominent international event, Modest Fashion Week aims to highlight the growing global  impact of modest fashion, featuring a group of creative designers and influential figures. It  features over 30 fashion shows, highlighting 30 globally celebrated designers and welcomes more than 1,500 fashion professionals from over 30 countries across five continents. Besides showcasing luxury fashion, Abu Dhabi Modest Fashion Week offers a comprehensive experience that captures the evolution of modest fashion within the global industry. This offers a valuable opportunity for numerous entrepreneurs and projects supported by the Khalifa Fund to engage with industry leaders, expand their networks and explore new growth avenues over the course of three days.
    ‘Abu Dhabi Modest Fashion Week’ is being held in Saadiyat Island, a fitting venue for events celebrating modest fashions values: elegance, authenticity, and innovation. Abu Dhabi’s global appeal and vision continue to draw investors, designers, and entrepreneurs to its growing modest and luxury fashion scene.-ends-

  • PBPC Abu Dhabi delegation to the First Overseas Pakistanis Convention in Islamabad

    PBPC Abu Dhabi delegation to the First Overseas Pakistanis Convention in Islamabad

    Pakistan Business Professional Council Abu Dhabi delegation to the First Overseas Pakistanis Convention in Islamabad

    Islamabad(News Desk)::The Pakistan Business Professional Council (PBPC) Abu Dhabi attended the First Overseas Pakistanis Convention held in Islamabad from 13-15 April 2025. This landmark event celebrates the invaluable contributions of overseas Pakistanis to the nation’s economy and development. ThePBPC Abu Dhabi delegates from Dr. Qaiser Anis,  Honorary Vice Chairman & Founding President, Dr. A. Hadi Shahid, Founding Member, and Dr.Muhammad Farhan, PBPC VP Membership, together with the Pakistan Business Council Dubai delegates headed by Mr. Shabbir Merchant, PBC President, Mr. Hans Munir, leading businessman from Dubai and Mr, Syed Saleem Akhtar, 1st Vice Chairman Pakistan Business Council Sharjah.

    The convention, organized by the Government of Pakistan, in collaboration with the Overseas Pakistanis Foundation (OPF), aims to provide a platform for dialogue between overseas Pakistanis, government representatives, and national institutions. Attended by more than 500 to 600 overseas Pakistanis from different countries, including 8 Ambassadors posted abroad. Overseas Pakistanis  are the backbone of Pakistan.

    The event includes formal dinners hosted by the Chief of Army Staff, General Asim Munir, and Prime Minister, Shehbaz Sharif. On the first day of the convention, Overseas Pakistanis Foundation (OPF) Chairman Syed Qamar Raza welcomed overseas Pakistanis attending the convention. Federal Minister for Overseas Pakistanis, Chaudhry Salik Hussain, expressed gratitude for the overseas Pakistanis’ unwavering support, highlighting their contributions through remittances and investments. As Overseas Pakistanis are the backbone of Pakistan. The convention is expected to foster collaboration and explore new avenues for economic growth and development. Followed by remarks from the National Assembly Speaker Ayaz Sadiq.

    Some diplomats addressed at the convention, amongst them the Ambassador of Pakistan to Malaysia H.E. Syed Ahsan Raza, the Ambassador of Pakistan to the Kingdom of Saudi Arabia H.E Ahmad Farrukh, and the Ambassador of Pakistan to Italy H.E. Ali Javid, in which he informed about the challenges and progress made in Italy H.E. Ahmad Farrukh, addressed the whole GCC countries, nearly USD16 billion remitted from GCC countries, 60% total remittance. He also mentioned that overseas Pakistanis should be given priority in Pakistan.

    Dr. Qaiser Anis, honorary Vice Chairman and Founding President of PBPC Abu Dhabi, addressed at the convention and expressed his thanks to Pakistan Prime Minister and Chief of Army Staff General Asim Munir and their team for
    organizing the Convention. He also expressed his thanks to the OPF led by Chairman Syed Qamar Raza and his team in a short time, attended and welcoming the guests at the Islamabad Airport, as well as in the convention centre with high respect. Dr. Anis addressed that Overseas Pakistanis remit more than 30B USD every year, which is more than the export of Pakistan, and this can be increased to 40-45 billion USD if we make an effort. Moreover, if the organization in Pakistan, either the OPF and other Ministries, can expedite vocational training to be expedited, and ensure that the majority of Pakistanis are certified before leaving Pakistan for other countries.

    The following basic areas, a certified training should be provided – plumbing, AC technician, automotive & mechanic, carpentry, hospitality, electrician, information technology and healthcare & nursing. This can be done with the
    supervision of the OPF, and see if all the vocational houses are working.
    Dr. Qaiser supported the statement of H.E. Ali Javed to have a welfare fund for the overseas Pakistanis in all Pakistan Embassies, to be used in times of challenges faced by the OPs. However, the funds collected shall be audited by the Accountant General of Pakistan every year.
    He also supported that overseas Pakistanis should be recognized every year and awards should also be given, thus, the Convention should be held every year. In addition, overseas Pakistanis with a maximum deposit in the Roshan Digital Account (RDA) to be recognized; this will encourage everyone to deposit in the RDA and to invest in the Pakistan stock exchange. Also recommended a tax holiday for all investments made by overseas Pakistanis in Pakistan.
    to reduce the charges on mobile to zero percent or not more than 50 percent.
    Recommend five (5) seats in the National Assembly  Accepted that dual nationality is permitted for being in the National and Provincial Assembly.
    The OPF and embassies should recommend contributing to Pakistan and promoting the name of Pakistan, and given time to Pakistan should be recognized as the Goodwill Ambassador in each country. This will encourage OPs to promote  investment, technology, and develop relations between Pakistan and their country.
    In addition to the points raised by Dr. Anis, the following are the suggestions for Overseas Pakistanis Foundation (OPF:
    1. OP’s would like the Ministry of Finance to work for the establishment of an Overseas Bank to attend to OPs financial requirements.
    2. The Ministry of Overseas Pakistanis should work for life insurance for each OP’s through the Pakistan Embassy. The premium for the life insurance policy may be collected at the time of passport renewal.
    3. Establishment of a separate immigration counter for OP’s remitting above $25,000 an “e” gate card system be issued at major Pakistani airports if possible
    4. More educational institutions should be opened in Pakistan for Overseas Pakistanis’ children, particularly in areas where the majority of Overseas Pakistanis belong to and the admissions should be restricted to Overseas
    Pakistanis’ children with a first preference. Special reduction in fees for Pakistani students who intend to study at Pakistani schools, colleges, and universities
    5. Housing scheme to be established in major cities of Pakistan, in which OP’s are offered land or houses when they return, they have a place to stay

    6. We suggest incubators like PIDC to be established for SME’s by which research world is done and sold to OPs for investment
    7. Voting rights will be implemented as per the decision of the Supreme Court of Pakistan
    8. There should be no property tax and income tax on any property investment, house, etc., in Pakistan for overseas. In this way, more foreign exchange will go to Pakistan and be invested in properties. There is a heavy property tax and income tax on houses and properties, which discourages investment in properties
    9. Literature available at the Board of Investment in Islamabad should be available with Commercial Attaches in our Foreign Missions abroad.
    10. The Embassy in each country should initiate a separate forum for those eligible for registration as Highly Qualified Overseas Pakistanis
    11. It should be mandatory for all Overseas Pakistanis to be registered at the conference Foreign Mission
    12. Hold an annual event for OPs organized by the Ministry of Overseas Pakistanis with an objective to promote camaraderie among Overseas Pakistanis.
    The event will continue until April 15, 2025, with sessions dedicated to addressing challenges faced by overseas Pakistanis and exploring opportunities  for mutual growth.
    Lastly, the OPF Chairman mentioned that he will attend the fourteen-point agenda on the conclusion of the convention, on which Dr. Anis thanked him for these important points which included an economic plan.

  • Danube Properties  Today Unveils ‘Sparklz by Danube’ at IPS 2025

    Danube Properties  Today Unveils ‘Sparklz by Danube’ at IPS 2025

    Danube Properties  Today Unveils ‘Sparklz by Danube’ at IPS 2025

    A Dazzling New Residential Gem in the Heart of Al Furjan

    Dubai(Urduweeky)::Danube Properties, one of the UAE’s leading private real estate developers,  today proudly unveiled its latest residential marvel ” Sparklz by Danube”  at the International Property Show (IPS) 2025. The launch took place in the presence of high-profile dignitaries and industry leaders, solidifying the brand’s continued commitment to redefining urban living in Dubai.

    Strategically located in Al Furjan, Sparklz by Danube is set to sparkle with style, convenience, and connectivity. With immediate access to the metro station and key arterial roads across Dubai, the development promises residents a balanced blend of accessibility and serenity.

    The residential tower will house 358 intelligently designed units, including flex studios, one-bedroom, two-bedroom, and three-bedroom apartments, as well as convertible units that can seamlessly transform a one-bedroom apartment into a two-bedroom living space, ensuring functional flexibility for modern lifestyles.

    Residents will enjoy 30+ world-class amenities designed to elevate everyday living. These include a cricket pitch, football court, fully equipped gym, swimming pools, wellness center, jogging track, outdoor cinema, BBQ area, kids’ play zone, and even a dedicated nanny-on-board service—a first-of-its-kind amenity that caters to young families. Every detail of Sparklz by Danube has been thoughtfully curated to offer a lifestyle of comfort, convenience, and community.

    The unveiling of ” Sparklz by Danube” was graced by several distinguished guests, including Ghanim Sultan Ahmad Bin Sulayem, Danube’s esteemed partner on the project; Majid Al Marri, CEO of the Real Estate Registration Sector at Dubai Land Department; and Dawood Al Shezawi, Head of the Organizing Committee for IPS. Their presence underscored the project’s significance and strong alignment with Dubai’s vision for innovative and sustainable urban development.

    Speaking at the launch, Rizwan Sajan, Founder and Chairman of Danube Group, said:

    “We chose IPS 2025 for this unveiling because it represents the pinnacle of real estate innovation and global investor attention. Sparklz by Danube is not just another residential building – it’s a statement of smart living, style, and sustainability. The show gives us the perfect platform to showcase our product to international and local investors alike. At Danube, we’re not just building homes – we’re building dreams, and IPS helps us share those dreams with the world.”

    Sparkling with potential, the project marks another step in Danube Properties’ ongoing journey of delivering high-quality, affordable luxury homes that cater to Dubai’s growing population of homeowners and investors.

    Danube recently announced Bollywood superstar Kartik Aaryan as its brand ambassador. The campaign, “Danube Hai Na,“ emphasizes Danube as the ultimate one-stop solution for all home needs—whether it’s building materials, home improvement, or real estate. With flexible payment plans, fully furnished apartments, and 40+ amenities, Danube supports homeowners at every stage—before, during, and after their real estate purchase.

    Danube Properties has launched 34 projects, successfully delivered 18, with another 16 currently in various stages. Each project showcases exceptional construction quality, state-of-the-art equipment, and top-tier home interior finishes.These projects include , Gemz, Pearlz, Jewelz, Wavez, Eleganz, Olivz, Elz, Lawnz, Bayz, Miraclz, Resortz, Glamz, Starz, Glitz 3, Glitz 2, Glitz 1, and Dreamz. Our developments are designed to offer luxury at affordable prices, attracting significant interest from mid-income buyers and leading to many of our projects being completely sold out.

     

  • ADEX signs $235 million syndicated loan agreement to boost UAE trade with Trafigura

    ADEX signs $235 million syndicated loan agreement to boost UAE trade with Trafigura

    Abu Dhabi Exports Office signs $235 million syndicated loan agreement to boost UAE trade with Trafigura

    Abu Dhabi(News Desk):: In a strategic move to empower UAE exporters and advance the nation’s economic diversification goals, the Abu Dhabi Exports Office (ADEX) has signed a US$ 235 million (AED 863 million) syndicated loan agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and Commercial Bank of Dubai (CBD) to support Trafigura, a market leader in the global commodities industry, to acquire commodities originating from the UAE. The agreement underscores ADEX’s commitment to strengthening the UAE’s position as a globally competitive trade hub while accelerating the country’s sustainable economic development.

    Under the agreement, ADEX spearheaded the financing with US$ 150 million, supporting Trafigura’s acquisition of UAE-produced commodities across strategic sectors such as energy, metals and minerals. CBD contributed US$ 65 million, while SMBC coordinated the syndication with a contribution of US$ 20 million. This collaboration will amplify access to Emirati products in international markets, directly aligning with the UAE’s vision to diversify its economy and build resilient trade partnerships.

    The agreement was signed by Khalil Fadel Al Mansoori, Executive Director of the Abu Dhabi Exports Office, alongside representatives of Trafigura, SMBC, and CBD. Officials from Abu Dhabi Fund for Development and other participating entities also attended the signing ceremony.

    His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development and Chairman of the Exports Executive Committee at the Abu Dhabi Exports Office, said: “This agreement is a testament to ADEX’s mission of empowering UAE businesses to compete globally. By providing flexible financial solutions, we are unlocking opportunities for national companies to expand into new markets, drive sustainable economic growth, and strengthen the UAE’s role as a bridge between regional and global trade networks.”

    Laurent Christophe, Group Treasurer for Trafigura emphasized the transformative potential of the agreement: “This collaboration allows us to integrate high-quality UAE commodities into our global supply chains, reaching fast-growing markets while supporting the UAE’s economic ambitions. Together with ADEX, SMBC and CBD, we are further integrating the country’s resources into international supply chains and contributing to the UAE’s vision of long-term prosperity.”

    Highlighting the UAE’s strategic significance, Jonathan Joseph-Horne, Co-Head of Global Trade Finance Department, EMEA at Sumitomo Mitsui Banking Corporation n, said: “As a global financial leader, we recognize the UAE’s growing influence in shaping international trade. This agreement reflects confidence in the UAE’s export capabilities and its commitment to sustainable development. We are proud to support initiatives that enhance cross-border economic resilience and align with the UAE’s diversification agenda.”

    Fahad Al Muhairi, General Manager – Institutional Banking, at Commercial Bank of Dubai also emphasised the strategic impact of the agreement, stating, “By streamlining innovative financing solutions, we are strengthening the UAE’s position as a global trade hub. This partnership exemplifies our dedication to fostering economic progress, both locally and internationally, through forward-thinking collaborations that drive job creation and technological advancement.”

    The agreement marks a milestone in the UAE’s journey towards a diversified, future-ready economy. By connecting UAE exporters to Trafigura’s global networks, ADEX continues to champion sustainable trade practices while supporting the UAE’s broader economic objectives enshrined in the Abu Dhabi Economic Vision 2030 and We the UAE 2031, while also highlighting the power of public-private partnerships in achieving shared economic success.

    • END
  • Abu Dhabi Chamber cooperates with Florida, Guangxi, and Moscow to increase trade and investment

    Abu Dhabi Chamber cooperates with Florida, Guangxi, and Moscow to increase trade and investment

    Abu Dhabi Chamber cooperates with Florida, Guangxi, and Moscow to increase trade and investment

    Abu Dhabis attractive business environment and growth opportunities highlighted at the AIM Investment Summit 2025

    Abu Dhabi(News Desk) As part of its ongoing efforts to strengthen international partnerships, the Abu Dhabi Chamber signed two cooperation agreements with the Guangxi Zhuang Autonomous Region of China and the Florida Chamber of Commerce. It also discussed enhancing cooperation with the Moscow Chamber of Commerce and Industry to increase mutual trade and investment with trading partners and influential economies around the world.
    This took place during the Chambers participation in the AIM Investment Summit 2025 as a business community partner, to enhance cooperation and build relationships with investors from around the world. The Chamber also promoted Abu Dhabis dynamic economic ecosystem to enhance its status as a leading global investment destination.
    During the summit, the Chamber showcased its ongoing efforts to encourage strategic partnerships and provide promising business opportunities. It also participated in a range of activities and events, including discussions, seminars, and meetings with business leaders, decision-makers, and experts from various sectors.

    His Excellency Shamis Al Dhaheri, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry and Managing Director, said: “The agreements signed by the Abu Dhabi Chamber during our participation at the AIM Investment Summit emphasise the emirate proactive approach to building and developing relationships and partnerships that shape the future of the global economy and investment landscape. Our participation led to numerous initiatives to enhance cooperation and develop relationships with partners, investors, start-ups,and entrepreneurs.”

    His Excellency added: “The Abu Dhabi Chamber’s pavilion at the summit served as a valuable platform for knowledge and experience exchange with visiting delegations. It highlighted promising opportunities in many sectors to attract investments, enable partnerships, explore innovations, and introduce Abu Dhabi’s business ecosystem. The emirate, known for ease of doing businesses, enabling all to achieve growth and prosperity, is strengthening its position as an attractive centre for talent, investments, and business, and a vital nod in international trade. It
    provides opportunities for local and international investors and supports the expansion and development of businesses.”Strategic partnerships

    The agreement between the Abu Dhabi Chamber and the Guangxi Zhuang Autonomous Region of China, signed by H.E. Shamis Ali Al Dhaheri and Ms. Wang Xinhong, Deputy Executive Director of the Guangxi Zhuang Autonomous Region, reflects the Chamber’s commitment to strengthening trade ties with key international partners, attracting investments and accessing new markets in the world’s fastest-growing economies.
    The agreement with the Florida Chamber of Commerce, signed by His Excellency Khaled Al Fahim, a member of the Chambers Board of Directors, and Katia Yeutter, Chief Operating Officer and Chief Financial Officer of the Florida American Chamber, focuses on reinforcing trade ties and identifying economic sectors of mutual interest to drive growth and sustainability.
    Both sides expressed interest in expanding investment and trade, open broader avenues for dialogue between private sector’s companies, provide access to resources, and organise initiatives and events.
    Dialogue sessions and business meetings During its participation in several dialogue sessions, the Abu Dhabi Chamber highlighted the emirates diverse investment potential, including economic diversification strategy that has increased the contribution of non-oil sectors to the GDP, strategic projects, advanced infrastructure, and innovation and technology centers.
    H.E. Shamis Ali Al Dhaheri and H.E. Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry discussed ways to strengthen economic cooperation and increase communication and coordination across various economic activities, opening new opportunities for consolidating relationships, launching joint projects, encouraging investment flows, and enabling companies to expand and grow in both Abu Dhabi and Moscow to serve the shared interests of the UAE and the Russian Federation.