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Category: Commerce

  • e& launches Business Continuity as a Service (BCaaS)

    e& launches Business Continuity as a Service (BCaaS)

    e& launches Business Continuity as a Service (BCaaS)

    Unified solution enables organisations to enhance resilience through proactive risk management, operational continuity, and compliance

    Abu Dhabi(News Desk):: e& today announced the launch of Business Continuity as a Service (BCaaS) at the World Crises & Emergency Management Summit 2025, organised by the National Emergency Crisis and Disaster Management (NCEMA).

    BCaaS is a fully-managed service that supports organisations in identifying potential threats and building effective response mechanisms, empowering them to drive organisational preparedness and operational efficiency. This solution enhances protection by not only restoring and ensuring the continuity of business but also ensuring that this is achieved within a predefined timeframe.

    The service provides an integrated framework tailored to the needs of organisations across essential sectors, including government, federal entities as well as the private sector. By identifying potential threats and implementing effective response mechanisms, it enables organisations to maintain business continuity during disruptions, comply with legal and regulatory requirements, and reduce costs while boosting overall performance. This ensures organisations can deliver enhanced customer experiences, uphold stakeholder confidence, and focus on driving growth and achieving long-term strategic goals.

    Abdalla Rashid Alsaadi, Senior Vice President, Group Business Continuity & Crisis Management, e& UAE, said: “Maintaining continuity in operations isn’t just about keeping systems running; it’s about protecting what defines a business – its integrity, reputation, and ability to deliver value. In today’s digitally empowered world, resilience is the cornerstone of innovation and growth. Through our partnership with NCEMA, we’re introducing BCaaS, a holistic solution to drive organisational resilience. This solution protects private and public sector organisations with a holistic approach, ensuring uninterrupted operations with tools that make them future-ready and enable them to adapt, innovate, and thrive.”

    e&’s BCaaS provides businesses with a comprehensive suite of solutions designed to ensure operational resilience and continuity. These include Business Continuity Management Systems (BCMS), crisis management planning, and support to meet legal and regulatory requirements, as well as achieving certifications like ISO 22301 and NCEMA 7000. The service also offers Disaster Recovery (DR) sites to manage unexpected disruptions and specialised training in business continuity and crisis management to embed resilience into company culture. Customers have the flexibility to purchase either the complete suite or select components of the core services.

    The introduction of BCaaS is an extension of e&’s strategic focus on equipping organisations with the tools needed to navigate today’s unpredictable challenges. By prioritising resilience and operational continuity, e& continues to be a trusted partner for businesses aiming to safeguard their operations and drive sustained growth.-END-

  • Danube Properties Celebrated Early Completion of 3rd Consecutive Project”Opalz”.

    Danube Properties Celebrated Early Completion of 3rd Consecutive Project”Opalz”.

    Danube Properties Celebrated Early Completion of Third Consecutive Project with a Grand Eid Festival at Opalz by Danube

    Dubai(News Desk)::Danube Properties, a leading and trusted real estate developer in the UAE, marked the early completion of its third consecutive project with a vibrant Eid Festival held at its latest residential development, Opalz by Danube, situated in Dubai Science Park.

    The celebration took place at Opalz by Danube and was free and open to all. The community event offered an exciting day filled with cultural festivities, family-friendly entertainment, and Eid-themed activities to mark both the joyous occasion of Eid and the company’s milestone achievement.

    Opalz by Danube featured two futuristic high-rise towers (Tower A and Tower B) offering studio, 1 BHK, 2 BHK, and 3 BHK duplex apartments. Rising 21 floors, the project included a basement, ground floor, and two podium levels. The first floor—dedicated to health and wellness—featured an open-air health club and a unique anti-current swimming pool, setting a new benchmark in modern living.

    “Our team consistently delivered projects ahead of schedule, and Opalz was yet another testament to our commitment to excellence,” said Rizwan Sajan, Founder and Chairman of Danube Group. “We were excited to welcome the community to join us in celebrating both this achievement and the spirit of Eid.”

    Danube Properties invited families, residents, investors, and the wider community to be a part of this special celebration. Attendees enjoyed live entertainment, traditional food, children’s activities, and much more in a festive atmosphere that reflected the vibrant culture.

  • Al Masaood Group Signs Strategic Agreement with ADNOC Distribution

    Al Masaood Group Signs Strategic Agreement with ADNOC Distribution

    Al Masaood Group Signs Strategic Agreement with ADNOC Distribution to Enhance Lubricant Supply Chain

    The collaboration reinforces long-term business synergies, supports national economic growth, and enhances UAE In-Country Value

    Abu Dhabi(News Desk):: Al Masaood Group, a leading Abu Dhabi conglomerate, has signed a,strategic agreement with ADNOC Distribution, the UAE’s largest fuel and convenience retailer,mexpanding their collaboration for the supply of lubricants to Al Masaood service centres.

    The agreement extends across Al Masaood’s key verticals, including its automotive and industrial divisions, solidifying the long-standing relationship between the two companies.
    ADNOC Voyager, produced in the UAE and marketed by ADNOC Distribution in 46 countries, is the UAE’s best-selling lubricant brand. With its extensive product range, ADNOC Distribution is uniquely positioned to meet the diverse and evolving needs of Al Masaood’s automotive and industrial businesses.
    This collaboration aligns with Al Masaood’s commitment to supporting the local market and economy while strengthening its In-Country Value (ICV) contribution. By formalising this partnership, Al Masaood also continues to commit to the ‘Make It in The Emirates’ initiative, leveraging local manufacturing capabilities to drive sustainable growth.
    Hani El Tannir, CEO, Al Masaood Group Industrial, said: “We are proud to reaffirm ourcommitment to the national economy through this significant agreement with ADNOC Distribution.This partnership helps us to reinforce our strategic objectives across all our divisions and companies.
    This collaboration not only emphasises our shared values of operational excellence but also strengthens our long-standing relationship, paving the way for future opportunities and growth.”Eng. Saber Mohammed Al Ammari, Vice President of Lubricant, Base Oil & Specialties at ADNOC Distribution, said: “We are pleased to supply our high-performance, UAE-made ADNOC Voyager lubricants to Al Masaood Group, building on our two companies’ longstanding commercial relationship. This deal reinforces our role as a trusted partner in the advancement of the country’s industrial and automotive sectors, supporting the UAE’s economic diversification and growth.”
    Al Masaood has built decades-long alliances with key national entities, and ADNOC Distribution remains a trusted and integral partner along its growth and innovation journey.By forging strong national partnerships, Al Masaood continues to reinforce its position as a key player in the UAE’s automotive and industrial sectors and reaffirms its commitment to the country’s economic and industrial advancement.-end-

  • Titan unveils the first International multi-brand lifestyle destination store in UAE

    Titan unveils the first International multi-brand lifestyle destination store in UAE

    Titan unveils the first International multi-brand lifestyle destination store in UAE

     TATA group’s most iconic brands – Tanishq, Titan Watches, and Titan Eye+ – come
    together under one roof for the first time ever.
     Located in Al Dana Tower in Rolla Square, the Titan multi-brand store spans over
    5,000 square feet in two floors.

    Sharjah(News Desk):: For the first time, Titan Company, India’s premier fashion and accessories powerhouse under the TATA Group, has launched a revolutionary multi-brand lifestyle destination store—a concept that brings together three of its most iconic brands, Tanishq, Titan Watches, and Titan Eye+, under one roof.
    Located in Rolla, Sharjah’s most sought-after shopping district, the 5,000 sq. ft., two-story retail space is designed to redefine lifestyle shopping by offering exquisite jewellery, premium design-differentiated watches, and trusted eyewear solutions, all in one seamless, elevated experience. With this bold retail expansion, Titan sets a global benchmark for the industry, transforming the way customers engage with luxury and lifestyle essentials.
    To celebrate the grand opening, the store is offering exclusive promotions across all three brands. Tanishq customers have a chance to receive a complimentary gold coin with their purchase. Titan Watches is running a ‘Half-Back’ promotion, where customers receive 50 per cent of the first watch’s value as an instant discount, redeemable on the second Titan watch purchased in the same transaction. Titan Eye+ customers can also enjoy a flat 25 per cent
    discount on their purchases.
    “This store is a first-of-its-kind global retail experience, a testament to Titan’s pioneering spirit,” said Mr. Kuruvilla Markose, CEO of International Business at Titan Company. “Never before have these three iconic brands coexisted under one roof, and we are proud to bring this concept to life in the heart of Sharjah. Each brand retains its individual essence while seamlessly complementing the others, offering customers an immersive and holistic shopping journey.”
    “The Rolla store’s launch marks a significant step in Titan’s broader growth strategy in the UAE. This concept sets the foundation for future expansion. We see this as a model for enhancing customer engagement and strengthening our market presence across the region,” he added.
    “Sharjah is a melting pot of cultures, and we wanted to reflect that diversity in our retail offering. By bringing together jewellery, watches, and eyewear in one location, we aim to meet the evolving needs of our customers and increase our footprint in the region. With our unmatched customer service, product quality, and design differentiation, we believe this concept will strengthen our brand presence and enhance customer loyalty,” he concluded.
    “The introduction of Titan’s first multi-brand lifestyle destination store allows us to integrate our trusted eyewear solutions within a dynamic retail environment that elevates the overall customer experience, with a focus on vision meeting fashion,” said Mr. Raghavan N.S, CEO of Eyecare Division, Titan Company.

    “By bringing together Titan Eye+ alongside Tanishq and Titan Watches, we are creating a seamless and sophisticated shopping destination where customers can explore high-quality eyewear in the context of their complete lifestyle needs. This format enhances accessibility and brand visibility, making it easier for customers to discover and invest in premium eyewear solutions, from prescription glasses to fashion-forward sunglasses across men’s,women’s, kids’, and unisex categories,” he added.

    The Rolla store offers an extensive and thoughtfully curated range of products from three of Titan’s most iconic brands. Tanishq presents an exquisite range of gold, diamond, and pearl jewellery, including versatile daily wear pieces and elegant bridal collections, showcasing the  brand’s legacy of craftsmanship and design excellence.
    Titan Watches showcases over 300 designs of premium timepieces, including the refined Raga collection for women, the sleek and minimalistic Edge series, and the luxurious 18-karat solid gold Nebula watches, crafted with timeless precision and modern elegance.
    Meanwhile, Titan Eye+ features over 1,000 stylish frames and sunglasses from leading international brands such as Ray-Ban, Prada, Silhouette, Guess, Emporio Armani, Burberry and Montblanc. The eyewear collection includes a wide range of eyeglasses, sunglasses and reading glasses for men, women, kids, and unisex styles, ensuring a perfect fit for every customer.-END-

  • Al Masaood Power Division and Volvo Penta to Showcase Decarbonisation Advancements at Middle East Energy 2025

    Al Masaood Power Division and Volvo Penta to Showcase Decarbonisation Advancements at Middle East Energy 2025

    Al Masaood Power Division and Volvo Penta to Showcase Decarbonisation Advancements at Middle East Energy 2025

    Battery energy storage subsystem, hydrogen dual fuel engines and fuel cells are part of Volvo Penta’s future-leaning decarbonisation strategy being showcased at the conference.

    Dubai(News Desk):: Al Masaood Power Division, part of a leading business conglomerate in Abu Dhabi, Al Masaood Group, is set to showcase new decarbonisation technology from its long-standing global partner, Volva Penta, at the 49 th edition of the Middle East Energy exhibition and conference.
    The event, taking place at the Dubai World Trade Centre from April 7 to 9, is a platform for energy industry professionals to connect with global energy providers, explore innovative products and solutions that are revolutionizing the energy sector, and establish enduring business connections.

    Al Masaood Power Division will be exhibiting Volvo Penta’s scalable battery energy storage subsystem as well as their hydrogen dual fuel engine at booth H7 E10. The subsystem is designed for rapid charging and discharging in industrial applications featuring energy-dense batteries. The solution’s energy and power are optimised to meet operational and business requirements.

    Rasso Bartenschlager, General Manager, Al Masaood Power Division, said: “Al Masaood Power Division remains committed to contributing to a net-zero future through low-emissions, high-performance solutions. The products we are showcasing from Volvo Penta are aimed at doing just that – they are designed to be reliable and high performance while supporting evolving energy needs . We are pleased to be here at Middle East Energy as it is a
    key platform in our goal to help achieve a greener future for both Abu Dhabi and the UAE.”

    Volvo Penta will additionally present its hydrogen dual fuel solution based on their Stage V D8 combustion engine. It is able to run on a hydrogen-diesel mix and is geared towards helping businesses navigate the energy transition. The company’s combustion engine platform is already certified to run on hydro-treated vegetable oil (HVO), with some such as their D17 genset engine slated for renewable fuel development.

    Hannes Norrgren, President Industrial, Volvo Penta, said: “we place a strong customer- first focus in our decarbonisation strategy, from ensuring that our combustion engines are emissions compliant and ready for renewable fuel adoption in the near future, to co- engineering reliable and high performing battery energy storage subsystems that are fit for purpose. Presenting our solutions with Al Masaood Power Division at Middle East Energy is an excellent opportunity to highlight the progression of our sustainable power generation solutions among industry peers and energy providers from around the world.”

    In this edition, Middle East Energy prioritised five major product sectors that are leading the way in the energy transition as the world moves towards a diverse, digitised, and sustainable future. These sectors include Smart Solutions, Renewable and Clean Energy, Back-up Generators and Critical Power, Transmission and Distribution, and Energy Consumption and Management.-ends-

  • Chery UAE Unveils the Refreshed TIGGO 4:

    Chery UAE Unveils the Refreshed TIGGO 4:

    Chery UAE Unveils the Refreshed TIGGO 4:

    A Harmonious Blend of Style, Comfort, and Safety Ready to Take Over the City

    Dubai(News Desk):: Chery, in partnership with AW Rostamani, the official and sole distributor of Chery in the UAE, has revealed the facelifted TIGGO 4 in the United Arab Emirates, under the slogan “Cross Wonderful Life”.
    The revamped compact SUV masterfully combines modern design elements with advanced safety features and a comfortable interior, making it a compelling choice for families and urban drivers alike.
    With a bold exterior, the new TIGGO 4 showcases Cherys signature Tiger Face flashing a biomimetic tiger face front design that exudes strength and sophistication. The vehicle features a new fog lamp contour, innovative tiger claw headlights, a starry diamond-shaped grille, and vertical crystal outline marker lamps, with a dynamic side view poised for action. At the rear, the TIGGO 4 boasts a wide contour and a mesmerizing tiger stripe through the tail lamp.
    On the inside, the spacious and luxurious cabin has retained the usual TIGGO 4 comfort with a single-zone air conditioning system coupled with second-row air vents. The refreshed model boasts a new sporty design for the seats with headrests integrated in the front seats for a youthful look. In line with Chery’s safety-first philosophy, the car features an auto body structure with dual front airbags, ensuring essential driver and passenger protection, in addition to a body anti-theft alarm and a rear radar.
    TIGGO 4’s technologically-advanced features will once again elevate the Chery driver’s experience. Other than the keyless entry system and the engine-stop start button, the car has been equipped with a 10.25-inch, ultra-clear Full HD LCD touchscreen with a multi-touch panel for a smooth operation and resolution up to 1920*720.
    TIGGO 4 also boasts a 50W fast charging port taking a smartphone’s battery from 0% to 50% in 30 minutes. The wireless Android Auto and Apple CarPlay (AA+CP) allows for seamless connectivity with a Bluetooth mobile phone hands-free system. Furthermore, the voice-activated sunroof operation, the Follow-Me-Home headlight function, the rear view camera with dynamic guides, and the premium 4-speaker Stereo system pave the way for a pleasant ride.

    In terms of performance, the uplifted TIGGO 4 promises nothing less than a wonderful driving experience. The car is powered by a 1.5-liter, four-cylinder engine mated to a continuously variable transmission (CVT), delivering a harmonious balance of power and fuel efficiency. The car comes with a Cruise Control function and an Anti-Lock Braking System (ABS), in addition to Brake Assist, Electronic Stability Control and Hill-Start Assist functions.

    The refreshed TIGGO 4 is now available in four modern colors – Moonlight Silver, Black, White and Phantom Grey – with customizable interior colors.
    To explore the vehicle firsthand, customers can drop by the Chery showrooms in Abu Dhabi, Dubai and Sharjah,

    visit www.cheryuae.com or contact 800-CHERY (800-24379).-Ends-

  • Enchanting Ramadan Nights with festive activities at Deerfields Mall:

    Enchanting Ramadan Nights with festive activities at Deerfields Mall:

    Enchanting Ramadan Nights with festive activities at Deerfields Mall:

    Win up to AED 20,000 in Shopping Vouchers!

    Abu Dhabi(News Desk):: Deerfields Mall is transforming into one of Abu Dhabi’s most vibrant family destinations this Ramadan, offering a great blend of traditional entertainment, captivating performances, cultural traditions, and the chance to win big.

    Daily Festivities and Traditional Activities

    From the 1st to the 30th of Ramadan, Deerfields Mall is hosting Enchanting Ramadan Nights at The Garden, from 8:00 PM to midnight.  Daily outdoor festivities immerse visitors in the magic of Ramadan with a variety of traditional activities. The dedicated Ramadan Majlis is the perfect place for relaxation and conversation, traditional games, and intricate henna painting. Adding a touch of cultural storytelling, a Hakawati, traditional storyteller, is sharing captivating Ramadan tales from March 7th to 20th.

    Spectacular Stage Performances

    Adding to the festive spirit, the excitement continues to build with a series of spectacular stage performances scheduled from March 21st to 31st.  Families can look forward to dazzling circus acts, balloon shows, the mesmerizing Magic Square, magicians, and lively clowns.

    Fawazeer Ramadan – A Tradition Reimagined

    A highlight of the Ramadan celebrations is the “Fawazeer Ramadan” competition, taking place on 21st, 22nd, 28th, and 29th March.  This beloved tradition, centered around solving riddles (Fawazeer), is offering participants the opportunity to win shopping vouchers worth up to AED 20,000.

    “Ramadan is a time of togetherness, reflection, and celebration, and at Deerfields Mall, we are creating an enchanting atmosphere where families can enjoy unforgettable moments,” says Nabil Essakouti, General Manager of Deerfields Mall. “With a blend of tradition, entertainment, and rewarding experiences, we are proud to be one of Abu Dhabi’s top destinations for Ramadan festivities.”

    A One-Stop Destination for Ramadan Shopping

    Beyond the Ramadan festivities, Deerfields Mall continues to be the ultimate destination for all Ramadan shopping needs. From elegant home décor perfect for hosting memorable gatherings, to the latest fashion trends showcased in the mall’s exclusive Ramadan Night Sale featuring special Ramadan collections, shoppers can find everything they need to celebrate the holy month in style.

    Dine Under the Stars This Ramadan

    Ramadan is a time for togetherness, and Deerfields Mall provides the perfect setting for families and friends to create unforgettable Iftar and Suhoor memories.  Guests can embark on a culinary journey with diverse Arabian Nights Iftar and Suhoor menus, showcasing a world of flavors curated by world-class chefs at the mall’s wide selection of restaurants.

    Celebrating Eid Al Fitr with Shaabiat Al Cartoon Stage Show

    As Ramadan concludes, the celebrations continue with vibrant Eid Al Fitr festivities every evening from 5:00 PM – 9:00 PM. The mall is set to host the brand-new Shabayiat Al Cartoon stage show, where the special performance will revolve around Shabeih’s birthday, bringing fun and excitement to families and fans of the beloved series.They will also get a chance to meet and greet the popular characters from the animated series creating memorable moments. There’s also branded giveaways for everyone, making the celebration even more special.

  • Yango Group Launches Corporate Venture Fund to Support Young Entrepreneurs

    Yango Group Launches Corporate Venture Fund to Support Young Entrepreneurs

    Yango Group Launches Corporate Venture Fund to Support Young Entrepreneurs

    Dubai(News Desk)::: Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions of the company’s presence. Yango Ventures aims to foster local innovation and entrepreneurial growth by providing both capital and leveraging its extensive experience and network, creating opportunities for startups to scale effectively.

    This support is designed to help them generate sustainable impact within their communities.
    We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide. At Yango Group, we believe that technology is not just about innovation — it’s a catalyst for tangible progress. Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities. Our mission is simple: let people grow with us. By supporting local talent with the right tools and resources, we aim to foster sustainable business growth and contribute to resilient, inclusive economies across the globe – Daniil Shuleyko, CEO of Yango Group.
    Yango Ventures focuses on early-stage startups, from Seed to Series B, in the O2O (Online-to-Offline), B2B SaaS, and FinTech sectors. While it starts with an initial fund of $20 million, the corporate venture fund is designed for scalability, with plans to expand its capital base in the near future alongside the growing entrepreneurial ecosystems in dynamic, high-growth markets.
    By investing in regions where Yango Group has a strong presence, Yango Ventures seeks to support tech-driven solutions that promote digitalization and stimulate economic development.
    The board of experts behind Yango Ventures comprises a diverse team with deep expertise in transforming B2B SaaS and B2C technology into impactful services across various industries worldwide. The team has successfully developed and scaled platforms and products in sectors such as mobility, entertainment, fintech, AI, and beyond, both within the company and externally.
    Yango Ventures is part of Yango Groups broader strategy to empower entrepreneurs and drive digital transformation globally. The companys approach combines cutting-edge technology, business expertise, and a commitment to local ecosystems, creating sustainable growth opportunities for people across diverse markets. Across different regions, we organize networking events for professionals to exchange ideas, partner with educational institutions and host events that give future innovators practical skills.
    For more information about Yango Ventures visit: LinkedIn.

  • Zeekr UAE and AW Rostamani Group Celebrate Landmark First Anniversary in the UAE

    Zeekr UAE and AW Rostamani Group Celebrate Landmark First Anniversary in the UAE

    Zeekr UAE and AW Rostamani Group Celebrate Landmark First Anniversary in the UAE, Highlighted
    by Exclusive Ramadan Collaboration at Armani Pavilion

     Zeekr achieves over 200% growth in January 2025, with ambitious 400% annual
    growth targets.
     The 2025 Zeekr 001 featured at an exclusive Armani Pavilion Ramadan event,
    highlighting advanced EV technology.

    Dubai(News Desk): Zeekr, the premium electric vehicle (EV) brand, celebrated its first anniversary in the UAE, reflecting on a year of remarkable growth with an exclusive Ramadan collaboration with Armani Pavilion.
    Presented by AW Rostamani Group in the UAE, Zeekr has quickly established itself as a leader in the luxury EV market, driving innovation and building a community of forward-thinking drivers, and championing a greener future.
    In just one year, Zeekr has launched two flagship showrooms and dedicated service centers in Dubai and Abu Dhabi, introducing the acclaimed Zeekr 001 and Zeekr X models. This rapid expansion, supported by AW Rostamani Group, has positioned Zeekr as a key player in the UAEs evolving automotive landscape, redefining the
    boundaries of what an EV brand can achieve.
    Roberto Colucci, Director of Electric Vehicles at AW Rostamani Group, expressed his pride in the journey so far: “In just one year, Zeekr has made an incredible impact in the UAE, and we at AW Rostamani Group are proud to be part of this groundbreaking journey. The brand achieved over 200% growth in January 2025 compared to December 2024, with a target of 400% growth for the year.”
    “We are not just selling cars; we are shaping the future of sustainable luxury mobility.With the upcoming Zeekr 7X launch, we are setting the stage for even greater success, redefining the electric driving experience in the region.” He added Echoing this sentiment, Sky Shan, Managing Director of ZEEKR Group International UAE, added:

    The UAE has proven to be a dynamic market for Zeekr, and our success is a testament to our strong collaboration with AW Rostamani Group. Over the past year, we have witnessed an increasing demand for premium electric mobility, and we remain committed to delivering world-class products, innovative technology, and an unparalleled customer experience. Looking ahead, we are excited to introduce more groundbreaking models and elevate the EV landscape in the region.
    To commemorate this milestone and align with the spirit of Ramadan, Zeekr partnered with Armani Pavilion to host an exclusive showcase. Guests were invited to experience Zeekr’s innovative technology and craftsmanship, with a special focus on the highly anticipated 2025 Zeekr 001. This collaboration seamlessly blended Zeekr’s advanced
    EV technology with Armani’s renowned elegance, reflecting a shared commitment to excellence and sophistication.
    As Zeekr and AW Rostamani Group embark on the next chapter, one thing is clear, this is just the beginning. The future of luxury electric mobility in the UAE has arrived, and it is electrifying.

     

  • ATS Travel to accept Crypto Currency as a Form of Payment

    ATS Travel to accept Crypto Currency as a Form of Payment

    ATS Travel to accept Crypto Currency as a Form of Payment

    The deal agreed with Payhound will see ATS Travel accepting Crypto currency as a form of payment – a first in the Middle East region

    Payhound Partners with ATS Travel to Revolutionize Payment Options with Cryptocurrency

    Dubai(News Desk):: ATS Travel, a premier travel management company, and Payhound, a leading provider of fully regulated crypto payment solutions, are pleased to announce a groundbreaking understanding to enable ATS Travel to accept cryptocurrency as a form of payment for all its services. This new development marks a significant milestone in the Middle East’s travel industry, making ATS Travel the first large-scale travel management company in the region to adopt cryptocurrency for both corporate and leisure travel transactions, informed Saleem Sharif, Deputy Managing Director of ATS travel on the sidelines of the travel industry leading event Private Luxury Barcelona, from Private Luxury Events.

    Under this historic arrangement, ATS Travel’s clients – many of whom are high-net-worth individuals from across the Middle East – will now have the flexibility to pay for a wide range of travel services, including airline tickets, luxury travel, holiday packages, MICE (Meetings, Incentives, Exhibitions, and Events) services, and more, using leading cryptocurrencies such as Bitcoin, Ethereum, and others, informed Sharif. This initiative is poised to be a game changer in the travel industry and reflects the region’s growing interest in digital currencies and blockchain technology, added Sharif.

    A First in the Middle East

    This collaboration is the first of its kind for a company of ATS Travel’s scale and prestige in the Middle East, setting a new benchmark for the industry. With a focus on innovation and forward-thinking business solutions, the understanding with Payhound enables ATS Travel to meet the demands of a tech-savvy, digital-first clientele, particularly those accustomed to high-end services. The implementation of crypto payments is expected to significantly enhance the customer experience by providing seamless, instant, and secure payment options while eliminating the delays and costs typically associated with traditional banking methods, informed Sharif.

    Payhound: Pioneering the Future of Payments

    Payhound, headquartered in Malta, is a fully regulated crypto payment provider with a proven track record of supporting businesses across multiple industries, including iGaming, financial institutions, e-commerce, affiliate marketing, and more. The company specializes in crypto payment processing, settlements, and large volume trading, offering businesses a secure and efficient way to accept digital currencies for their products and services. And we are excited about the prospect of collaborating with ATS Travel to facilitate acceptance of Crypto Currency as a Form of Payment for them, informed Melissa Lamb, Director of Sales, Luxury at Payhound.

    With a Virtual Financial Assets Service Provider (VFAS) license granted by the Malta Financial Services Authority (MFSA) in 2021, Payhound is one of the first regulated entities in the space to provide these services. Payhound’s platform ensures businesses can receive payments in seconds, eliminating the delays that are often associated with traditional banking processes, informed Lamb.

    A Strategic Move for ATS Travel

    The strategic collaboration with Payhound aligns with ATS Travel’s ongoing commitment to providing innovative solutions to its corporate and leisure customers. Khaled Ghubash, Managing Director of ATS Travel, expressed excitement over the proposed partnership, stating, “We are thrilled to be the first travel management company in the Middle East to integrate cryptocurrency payments into our services, once done. This arrangement with Payhound reflects our commitment to offering cutting-edge services that meet the evolving needs of our clients, particularly in a region where cryptocurrency adoption is on the rise.”

    Ghubash added, “By offering cryptocurrency payment options, we are not only meeting the demands of high-net-worth individuals and businesses but also positioning ourselves as leaders in an industry that is moving rapidly toward digitalization. We expect this to open new avenues for business and strengthen our relationships with our clients.”

    A Bright Future for Digital Payments in Travel

    This association signifies a shift towards more modern, flexible payment solutions in the travel industry, particularly in the Middle East, where the cryptocurrency market is seeing increasing growth. ATS Travel’s ability to accept digital currencies will provide corporate clients, leisure travelers, and MICE customers with a more streamlined, faster, and secure way to manage their travel expenses, informed Sharif.

    The association between Payhound and ATS Travel is expected to set the stage for further innovations in payment solutions for the global travel industry. The two companies are excited about the potential to further expand this offering and introduce even more groundbreaking services in the future, informed Lamb.