Urdu Weekly | Urdu News |Online Weekly Urdu Newspaper

Category: Commerce

  • Bridgestone to support fleet managers and improve efficiency with launch of Webfleet in UAE  

    Bridgestone to support fleet managers and improve efficiency with launch of Webfleet in UAE  

    Bridgestone to support fleet managers and improve efficiency with launch of Webfleet in UAE  

    AbuDhabi(News Desk):: Bridgestone, a global leader in tyres and sustainable mobility solutions, launched its globally trusted fleet management solution ‘Webfleet’ in collaboration with its exclusive partners, Al Masaood Tyres, Batteries and Accessories (TBA) Division, part of Al Masaood Group and Nasser Bin Abdullatif Alserkal in the UAE. The official launch underlined the organisation’s thrive to advance innovative technologies in sustainable mobility and optimise fleet operations.

    Over 60,000 customers worldwide count on Bridgestone’s reliable Webfleet fleet management solution to boost productivity, support drivers, increase safety, maintain compliance, and operate more sustainably. The launch of Webfleet in the UAE will pave the way for a more sustainable future through data-driven mobility solutions, aligning seamlessly with the company’s E8 Commitment.

    The launch event which featured interactive keynote speeches, product presentations, and discussions that examined the industry’s transformative future, was attended by Bridgestone’s local partners as well as other stakeholders, thought leaders, and experts. The event highlighted crucial elements of the evolving mobility landscape and Bridgestone’s pivotal role in shaping the industry through Webfleet, its innovative fleet management solution.

    Jacques Fourie, President of Bridgestone Middle East and Africa, commented, “Webfleet marks a significant turning point in our commitment towards shaping the future of mobility. With the launch of the solution in the UAE, Bridgestone reaffirms its dedication to delivering innovative solutions to promote advancement and growth, especially in light of the shift towards more sustainable operations. The launch also strengthens our leadership in sustainable mobility solutions, and we look forward to steering the course of innovation and driving positive change in the Middle East Africa region and beyond together with our valued partners.”

    Marcelo Godinho – Vice President Customer Success Emerging Markets, Bridgestone Mobility Solutions, said: “Webfleet’s launch in the UAE is a strategic move and a next step in our global expansion strategy.  We are optimistic about the transformative impact that our globally trusted solution will have on fleet management in the region, beyond traditional telematics offerings, Webfleet will focus on providing businesses, both small and large companies, with actionable data insights to increase operating performance, reduce costs and increase road safety as well as enabling to run a more sustainable operation.”

    Bridgestone’s goal to provide consumers with a wider array of fleet and digital mobility solutions is evident with the latest launch. This is particularly significant since the EMEA business currently provides fleet solutions for over 1.2 million vehicles.

    The research and development teams at Bridgestone and Webfleet will continue to explore new opportunities and innovations, highlighting the company’s commitment to progress, as well as helping customers take full advantage of its range of solutions. With a goal of empowering consumers, drivers, and other stakeholders through data-driven mobility solutions, the company is making strides towards ushering in a new era of efficient and sustainable mobility.-ends-

     

  • DANUBE PROPERTIES AND DMCC PARTNER TO LAUNCH USD 545 MILLION RESIDENTIAL PROJECT IN THRIVING JLT DISTRICT

    DANUBE PROPERTIES AND DMCC PARTNER TO LAUNCH USD 545 MILLION RESIDENTIAL PROJECT IN THRIVING JLT DISTRICT

    DANUBE PROPERTIES AND DMCC PARTNER TO LAUNCH USD 545 MILLION RESIDENTIAL PROJECT IN THRIVING JLT DISTRICT

    ● USD 545 million development will bring 1,200 new residential units to the district
    ● The partnership follows the successful sale of the luxurious project Viewz – the first collaboration between Danube Properties and DMCC, in JLT’s Cluster K
    ● Continued development of districts like JLT is a key priority for DMCC to attract heightened levels of FDI to Dubai
    ● Danube Properties unveiled Bayz101 in Business Bay, earlier in January – the highest tower by Danube Properties to date
    ● Danube Properties has launched 13 projects in the last 23 months; accounting for 1 project in 2 months

    Dubai(News Desk):: Danube Properties, one of the fastest-growing private real estate developers in the UAE, has partnered with Dubai Multi-Commodities Centre (DMCC) the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – to bring a new residential project to its prime location of JLT, the uptown community.
    The 65-storey twin towers will bring 1,200 new residential units to JLT across a built-up area of 1.7 million square feet, representing a development value of approximately USD 545 million (AED 2 billion).
    Rizwan Sajan, Founder and Chairman of Danube Group, said: “As a rapidly expanding private real estate developer in the UAE, we are constantly seeking prime plots in strategic development zones. This partnership with DMCC empowers Danube Properties to enhance the appeal of our upcoming project, providing an opportunity for investors and homebuyers to capitalise on future value appreciation, thanks to JLT’s attractive location and the support of DMCC.”
    Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “Demand for premium residential property across the JLT community is higher than ever, as we have seen with the resounding success of Viewz, our first project with Danube Properties which is fully sold. Boasting a community of over 100,000 people, JLT has become one of the most popular districts in Dubai thanks to its truly complete offering for visitors, businesses, and residents. We’re proud to partner with Danube Properties for a second time as we continue to shape and drive the transformation of JLT and enhance the high-quality residential offering for our expanding community.”
    Currently in the design phase, the new residential towers will sit adjacent to DMCC’s Uptown Dubai district, bolstering JLT’s status as one of the most popular mixed-use communities in the emirate.
    This comes after successfully selling out two towers of the luxurious project – Viewz in JLT, launched in January 2023. Danube Properties recently launched Bayz101 which will be one of the world’s tallest 25 towers, exceeding the 100-level landmark in the world and reinforcing Dubai’s reputation as the City of Skyscrapers. Danube Properties now stands strong with a portfolio of 28 projects and 16,234 units.
    Throughout 2023, DMCC partnered with five leading property developers to bring six exciting commercial and residential real estate projects to its JLT and Uptown Dubai communities. The continuous development of its districts is a key priority for DMCC as it attracts record numbers of new companies to Dubai through its unparalleled business ecosystems and residential communities. DMCC currently accounts for 11% of the foreign direct investment (FDI) to Dubai.-Ends-

  • ADQ unveils its inaugural Community Carnival

    ADQ unveils its inaugural Community Carnival

    ADQ unveils its inaugural Community Carnival

     ADQ Carnival will serve as a platform to showcase the contributions of ADQ’s portfolio companies in driving the growth of the Emirate’s economy while actively involving the local community

    • Free-to-attend ADQ Carnival is open to all members of the public, taking place at Khalifa Park in Abu Dhabi from January 26 to 28
    • Event promises to be a community friendly experience encompassing entertainment, sports and learning activities

     Abu Dhabi, UAE – January 19, 2024:  ADQ, an Abu Dhabi-based investment and holding company, has announced the launch of the ADQ Community Carnival. The free-to-attend carnival promises to provide guests of all ages with valuable opportunities to engage in entertaining activities, enjoy a weekend of family-friendly fun and gain insights into ADQ’s portfolio companies and their contributions in driving the growth of the Emirate’s economy.

    The ADQ Community Carnival is open to all members of the public and will take place in Khalifa Park in Abu Dhabi from Friday, January 26, until Sunday, January 28. In collaboration with the Abu Dhabi Department of Education and Knowledge, ADQ will also designate Thursday, January 25, exclusively to school trips.

    Featuring a total of 19 companies from ADQ’s portfolio, representing strategic sectors of the nation’s economy, the Community Carnival will bring the UAE public together for a memorable experience where youth can explore and enjoy a number of interactive activities in a fun space as they learn about various industries within ADQ’s portfolio company zones. Younger guests will have the chance to express their creativity and acquire hands-on experience in an engaging setting, gaining both learning and enjoyment. They will also witness the debut of ADQ’s mascots, ‘Saif & Taif’, the desert fox siblings, who represent fun, curiosity and intelligence.

    Anas Al Barguthi, Chief Operating Officer at ADQ, said: “We’re delighted to launch ADQ’s inaugural Community Carnival to strengthen our outreach to Abu Dhabi’s youth and community. We invite everyone to join us and take part in this shared experience, fostering a spirit of innovation, collaboration and partnerships, that will drive a lasting positive impact for everyone.”

    As part of its effort to encourage the wider community to adopt a healthy and active lifestyle, ADQ is extending its collaboration with the NBA to the ADQ Community Carnival. The three-day event will feature a range of free interactive basketball activities open to all fans, including shooting competitions and skills challenges, a live DJ, as well as performances by Dunking Devils and appearances by NBA team mascots Slamson the Lion (Sacramento Kings) and Franklin the Dog (Philadelphia 76ers). Fans will also be able to take part in NBA Fit clinics promoting a healthy and active lifestyle.

    Among the participating companies that will offer a unique experience at the carnival are Abu Dhabi Airports, AD Ports Group, PureHealth, Lulu Group, Emirates Nuclear Energy Corporation

    (ENEC), Emirates Water and Electricity Company (EWEC), TAQA, ADNEC Group, Etihad Airways, E7 Group, Silal, Tadweer, Agthia Group, Etihad Rail, Emirates Steel Arkan, Abu Dhabi Securities Exchange (ADX), TA’ZIZ and MiZa.

    The ADQ Community Carnival will also offer guests a diverse selection of food and beverage in multicultural flavors, in addition to local and international artists and performers.

    For more information and registration, please visit www.adqcarnival.ae

    -ENDS

  • Q Properties awards a AED 61.96 million contract to NSCC International Ltd

    Q Properties awards a AED 61.96 million contract to NSCC International Ltd

    Q Properties awards a AED 61.96 million contract to NSCC International Ltd. for the design and construction of the piles foundation for six apartment buildings of Reem Hills

    Abu Dhabi, UAE – 02 January 2024: Q Properties, the leading UAE real estate developer and subsidiary of Q Holding (ADX: QHOLDING), has announced today the award of a AED 61.96 million design and construction contract of circa 5,000 piles foundation of the six apartment buildings of Reem Hills to NSCC International Ltd.Situated at the heart of the capital, Reem Hills stands as the only gated community on Abu Dhabi’s prestigious Al Reem Island, focusing on exclusivity and well-being.

    “We are delighted to announce the selection of NSCC International Ltd. for this crucial piling work across six apartment buildings of our prestigious Reem Hills project. Their proven expertise and commitment to excellence align seamlessly with our vision. Together, we will build a foundation that elevates Reem Hills to new heights of success and innovation.” said Majed Odeh, Group CEO of Q Holding.

    The buildings NSCC International Ltd. will work on consist of spacious 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses, all of which are designed with absolute comfort and ease of use in mind.

    Commenting on the contract win, Khalil Khouri, Group CEO of NSCC International Ltd., said: “We’re honoured and excited to have been chosen to partner with Q Properties for laying the foundations of this spectacular development in the heart of Abu Dhabi and to bringing it to life.”

    The Reem Hills community further delivers on Q Properties’ commitment to contribute to the economic development of Abu Dhabi and supporting the global ambitions of the UAE.

     

  • Save BIG with EROS’ Shopping Festival

    Save BIG with EROS’ Shopping Festival

    Save BIG with EROS’ Shopping Festival

    Get ready to celebrate the Dubai Shopping Festival with Eros Electronics’ Exclusive Deals Across All Categories From December 8th to January 15th, 2024

    From trade-ins to a chance to win an iPad, discounts and more, EROS is committed to making the shopping experience better this DSF 

    Dubai(News Desk)::UAE’s trusted retailer and distributor for consumer electronics for 54 years, Eros, is thrilled to announce its participation in the upcoming Dubai Shopping Festival (DSF), presenting an exclusive shopping experience. Between December 8, 2023, and January 15, 2024, Eros is offering customers an unparalleled opportunity to explore a world of unbeatable offers, promotions, and value-added services. 

    Eros is aiming to elevate the shopping experience for customers by providing exceptional deals across all categories. In addition to its in-house promotions, EROS is collaborating with other renowned brands to curate the best offers and value additions in the market.

    Eros has partnered with HSBC and CBD so you can get the best value for your purchase. Shop for AED 1000 at any Eros store or online with HSBC credit cards and CBD debit or credit cards and get 10% off (with a maximum discount of AED 200).

    Furthermore, use your ADCB debit or credit card and be a touchpoint millionaire during this December (1st–31st) .

    In Eros Dubai stores, as a part of the DTCM Lucky Receipt promotion, you can shop for AED 1000 and get a chance to win a free iPad. Eros is committed to providing the best customer experience and is thus offering easy payment plans, trade-ins, and 24-hour delivery service across all outlets. Eros has conveniently located locations across Dubai, Sharjah, and Abu Dhabi, so head over to Eros during this DSF and shop till you drop with these incredible discounts.

    Mohammad Badri, Managing Director, EROS Group, expressed enthusiasm about the upcoming festival, stating, “EROS is dedicated to making the Dubai Shopping Festival a memorable experience for our valued customers. Our exclusive offers, partnerships, and additional services reflect our commitment to providing unparalleled value and convenience.”

    QUICK DEETS: 

    What: EROS Shopping Fest

    When: from 8th December to 15th January 2024

    Locations: Dubai Mall, Burjuman Mall, Nakheel Mall, Dubai Hills Mall, and IBN Battuta Mall

    SHARJAH: City Centre Sharjah, City Centre Al Zahia

    ABU DHABI: Khalidiyah Mall, Dalma Mall

    Contact: Website: https://www.eros.ae/  Instagram: @erosuae

  • EBAY AWARDED TOP SELLERS AT EXPORTER OF THE YEAR EVENT IN DUBAI

    EBAY AWARDED TOP SELLERS AT EXPORTER OF THE YEAR EVENT IN DUBAI

    EBAY AWARDED TOP SELLERS AT EXPORTER OF THE YEAR EVENT IN DUBAI

    Celebrating Online Success, eBay honors exporter excellence for the first time in Dubai

    Dubai(News Desk)::eBay – one of the world’s largest online marketplaces – hosted its annual Exporter of the Year 2023 event for the first time in Dubai on November 22, marking an unprecedented chance to reward the entrepreneurial spirit and success of eBay sellers across the global emerging markets, and celebrate their global exporting excellence.

    This year, the company invited its top 100 sellers from the Middle East, *Europe, India, Latin America and South East Asia to come together in Dubai to celebrate and share their experiences with the community.

    Vidmay Naini, General Manager, Global Emerging Markets at eBay says: “As an eBay community, we are committed to supporting and working together with our sellers, and the eBay Exporter of the Year 2023 demonstrates our gratitude for their hard work, innovation, and dedication to excellence.”

    The event represents an opportunity for sellers from eBay’s global emerging markets to make personal, in real life contact with a thriving global community made up of individuals and businesses, working together and spanning multiple geographies, cultures, and languages.The Exporter of the Year 2023 ceremony took place in Dubai, United Arab Emirates, on the night of Wednesday, November 22, at the Hilton Al Habtoor City hotel, as part of a two-day event for the ambitious eBay sellers.The celebration also included talks from John Lin, Vice President, International CBT Markets, eBay and Mr Naini, GM, Global Emerging Markets, eBay.

    12 eBay sellers received accolades in one of four categories, of Exporter of the Year, Family/Female Exporter of the Year, Best Customer Service and ‘The Big Leap’, in front of an invited audience comprising global eBay executives and sellers from different countries that are part of eBay’s global emerging markets.

    “The deep, special connection we share with our sellers is one of the most important factors in driving our business growth and success. We truly believe that by working together, we can showcase the immense potential of cross-border commerce as a powerful tool for scaling exporting businesses and creating economic opportunities for all.”“eBay benefits greatly from our sellers’ success, and this celebration is an excellent way to show our gratitude, solidify our community of sellers, and reinforce our interest in continuing to thrive together.” concludes Naini.

    To find out more about becoming an eBay exporter, visit: https://export.ebay.com/en/

     *excluding DE and UK

     

  • Prepay Nation And Loyyal Announce Strategic Partnership To Enhance Loyalty Solutions

    Prepay Nation And Loyyal Announce Strategic Partnership To Enhance Loyalty Solutions

    Prepay Nation And Loyyal Announce Strategic Partnership To Enhance Loyalty Solutions

     Dubai(Press Release):: Prepay Nation, a leading global B2B prepaid products marketplace renowned for pioneering cross-border transfers has announced a strategic partnership with Loyyal, an industry leader in applying blockchain technologies to supercharge loyalty and incentive programs.

    The Middle East and Africa loyalty market1 is expected to increase 12.2% reaching USD 9,297.7 million by 2027. This collaboration reinforces Prepay Nation’s commitment to global expansion and enables Loyyal to meet the demanding needs of the loyalty industry by enhancing its solutions for clients, providing added value, while also granting access to over 10,000+ prepaid products available through Prepay Nation’s extensive marketplace.Loyyal is renowned for its innovative Blockchain-as-a-Service platform, designed to empower the loyalty industry with rapid growth and scalability at the lowest possible cost. This partnership opens new avenues for Loyyal to provide a more comprehensive and diverse range of services to its clients.

    Prepay Nation boasts a widespread presence across 150+ countries and an extensive network of 600+ partnerships. Paolo Montessori, CEO, Prepay Nation said, “We are excited to join forces with Loyyal to provide an even more robust range of prepaid products and services to their clients. Loyyal’s innovative approach to loyalty solutions aligns perfectly with our mission to make prepaid products easily accessible. Together, we can revolutionize how consumers engage with loyalty programs and offer a seamless experience for all.” 

    Gunjan Kumar, Chief Revenue Officer, Loyyal, emphasized saying, “Partnering with Prepay Nation is a strategic move that aligns with our commitment to enhance client offerings and expanding our reach. We can now provide clients with an extensive catalog of prepaid products, enabling them to offer more compelling rewards and loyalty incentives -creating a win-win for both Loyyal and Prepay Nation, as we work together to shape the future of loyalty solutions.”

    This partnership offers businesses easy access to a wide range of prepaid products and hassle-free redemption options – resulting in an improved loyalty experience and a new industry benchmark. With Prepay Nation’s marketplace and Loyyal’s blockchain expertise, this partnership aims to enhance customer engagement and take loyalty programs to the next level.-(End)-

  • EIH Ethmar International Holding posts robust Q3 performance with a net profit of AED589 million

    EIH Ethmar International Holding posts robust Q3 performance with a net profit of AED589 million

    EIH Ethmar International Holding posts robust Q3 performance with a net profit of AED589 million

     Abu Dhabi-based holding group enters two new industry sectors and grows company portfolio by 61%

     AbuDhabi(Press Release): EIH Ethmar International Holding PJSC, a leading conglomerate operating across nine diverse industry sectors, has today announced its financial results for the 3rd quarter of the 2023 fiscal year, achieving a net profit of AED589 million, an income of AED730.1 million, and a total asset value of AED 4.583 billion.

    Continuing its aggressive strategic expansion, through 2023, EIH saw its net profit rise by 32.3 per cent, income increased by 50.5 per cent, and assets up 105.5 per cent, over the last quarter. This was boosted by the addition of two new industry sectors and the number of companies under the group umbrella increasing from 36 to 58, in Q3 2023.

    The two new industry sectors added to EIH’s growing stable of businesses namely in the financial services with the majority stake acquisition of 70% of BHM Capital Financial Services PSC and the automotive and trading sector, working towards the initiative of expanding the electric vehicles market. This reflects on EIH’s adaptability and strategic vision across Abu Dhabi’s increasingly dynamic business landscape.

    Displaying a versatility and resilience across diverse economic environments, EIH’s industry portfolio now extends across multiple sectors including energy, real estate, alternative investment, technology, healthcare, travel and tourism, hospitality, automotive & trading, and financial services.

    EIH’s move to significantly boost its acquisitions, in Q3, is a significant factor leading to the last quarter’s impressive returns and profitability. It is also part of the larger strategic move directed by the UAE government and leadership to diversify its economy and encourage private sector businesses to thrive, in the UAE capital and beyond. The achieved results solidify EIH’s clear commitment to its strategic diversification strategy, with innovation and investment being key to its growth and continued success.

    Commenting on EIH’s impressive results over the last quarter, Group CEO and Managing Director of EIH Ethmar International Holding PJSC, Ali Elgebely, said: “EIH operates across a spectrum of nine industry sectors, highlighting its versatility and resilience in diverse economic environments. This diversification allows EIH to mitigate risks and capitalise on emerging opportunities, in various markets.“EIH’s success is further underlined by its extensive network of operating subsidiaries, all of which contribute to the overall strength and diversity of EIH’s portfolio, ensuring a well-rounded approach to our business operations.”

    2023 has been a standout year for EIH, with financial results across profit and income witnessing a staggering rate of growth. As a holding group strategically aligned with the economic diversification of the UAE’s capital, Abu Dhabi, and the wider UAE as a whole, EIH is clearly on a rapid upward trajectory that is matching its economic ambitions with real growth and results. EIH is playing a pivotal role in shaping the private sector landscape in the UAE capital, with a regional and global footprint certain to follow.

  • Q Properties awards AED 584 million construction contract to Trojan General Contracting

    Q Properties awards AED 584 million construction contract to Trojan General Contracting

    Q Properties awards  AED 584 million construction contract to Trojan General Contracting for Reem Hills Phase 1 twin villas and townhouses

      Abu Dhabi(News Desk):: Q Properties, the leading UAE real estate developer and subsidiary of Q Holding (ADX: QHOLDING), has awarded a construction contract worth AED 584 million to Trojan General Contracting for work on 302 townhouses and 110 twin villas– all of which are fully sold out.

    The elegantly designed homes boast modern design features and are spacious, with plenty of outdoor space, making them ideal for families. The townhouses have three bedrooms, while the twin villas have four bedrooms. The total BUA (built up area) of both types is 118,000 sq m.

    Situated at the heart of the capital, Reem Hills stands as the only gated community on Abu Dhabi’s prestigious Al Reem Island, focusing on exclusivity and well-being.

    “This contract award is another important step towards completion of this prestigious and exciting project, as we continue to adhere closely to the schedule. We chose Trojan General Contracting after careful deliberation for the caliber of their team, impressive industry experience, and commitment to excellence. I eagerly look forward to seeing these already sold properties come to full fruition,” said Majed Odeh, Group Chief Executive Officer of Q Holding.

    Commenting on being awarded the contract, Mohammed Mahmoud, CEO of Trojan General Contracting, said: “We’re thrilled to have been awarded this contract to build exquisite Reem Hills Phase 1 twin villas and townhouses. We have an unwavering commitment to turning our clients’ vision into reality and can’t wait to bring these beautiful homes to life; work will begin in December 2023.”Reem Hills further delivers on Q Properties’ commitment to contribute to the economic development of Abu Dhabi and support the global ambitions of the UAE.(– Ends -)

  • Gewan Holding’s Hospitality and Investment arms sign MoU with EMI Gate Investment

    Gewan Holding’s Hospitality and Investment arms sign MoU with EMI Gate Investment

    Gewan Holding’s Hospitality and Investment arms sign MoU with EMI Gate Investment

    Hotel management collaboration a top priority for promoting and developing economic and investment cooperation.

     

    AbuDhabi(News Desk) Gewan Hospitality and Gewan Investment have today signed a memorandum of understanding (MoU) with EMI Gate Investment, the aim being to enhance collaboration in the hotel management, tourism, and hospitality sectors, both in the UAE and across the Middle East region.

     

    Announced at a signing ceremony held today, in Abu Dhabi, the signatories’ joint statement expressed hopes that the MoU will now facilitate greater joint-investment opportunities and economic cooperation between all parties. 

    Specifically, the MoU will look to enhance collaboration in the hotel management sector. This includes facilitating partnerships and encouraging joint participation in tourism and hospitality projects and the exploration of related opportunities. Additionally, it seeks to strengthen skillset development and the exchange of knowledge and best practices.

     

    CEO of Gewan Holding, Alaa Al Ali, added: “The significance of today’s agreement with EMI Gate is such that we expect an immediate enhancement of Gewan’s activities and presence, both in the UAE and across regional markets. This will now be realised through a more co-ordinated collaboration on distinctive projects and high-quality services, between Gewan and EMI Gate Investment, across various travel and hospitality sectors. 

    “This MoU also aligns with our joint vision for developing business and commercial interests in the hotel and luxury resort management sectors and, of course, with the UAE leadership’s directives for elevating further the diversification of the economy, particularly in the capital, Abu Dhabi.”

     Commenting on the MoU signing, founder and chairperson of the board of directors of EMI Gate Holding, H.E. Fatima Al Kaabi, said: “Today’s MoU represents a strong step forward for EMI Gate Investment on our development journey as it aligns with our vision as a distinguished company in the local and regional investment sector, constantly striving to provide investment opportunities and solutions compatible with all of the company’s activities.”

     

    Also in attendance at today’s signing was Ahmed Hassib, CEO of Gewan Hospitality and Mohammed Al Katheeri, CEO of Gewan Investment.

     

    “This collaboration comes as part of our ongoing efforts to boost the leading position of the UAE and Abu Dhabi in the hospitality sector, at both regional and global levels. Through this partnership, we aim to encourage active participation from the tourism and hospitality sector in exploring opportunities at national, regional, and global levels,” Hassib commented. 

    Echoing his Gewan counterpart’s confidence in the new agreement with EMI Gate Investment, Al Katheeri said: “This collaboration is a positive and significant step towards achieving our goals of being an inspiring catalyst for development and prosperity in the world of investment, from national to global levels. Through this partnership, we are confident we can achieve the desired investment objectives of this collaboration.” 

    Gewan Hospitality has UAE offices in Abu Dhabi, Dubai, Sharjah, Ajman, and Fujairah, as well as regional offices in Egypt, Morocco, Tunisia, and several European countries. Gewan Investment is a leading investment company that manages diverse and dynamic business portfolios in various sectors regionally and globally.

     

    EMI Gate Investment develops and manages a broad portfolio of companies focused on investments, financial services, real estate, specialty business areas, communications, and hospitality.(Ends)