Category: Commerce

  • Ahmed Al Maghribi Perfumes celebrates 25 years of business excellence

    Ahmed Al Maghribi Perfumes celebrates 25 years of business excellence

    Ahmed Al Maghribi Perfumes celebrates 25 years of business excellence;
    Announces global expansion plan
    A year filled with gratitude, reflection, and a forward-looking vision for the next 25years;

    As many as 57 winners walk away with mega prizes including a Jetour T2 Luxury SUV luxury vehicle, iPhone 16s and a number of gifts and vouchers to make the occasion a memorable one; With 25 years of perfumes manufacturing, Ahmed Al Maghribi Perfumes has made a strong and formidable presence in the GCC with 180 retail outlets that has attracted more than 55,000 loyal customers in the 

    Dubai(News Desk)::Ahmed Al Maghribi Perfumes, a leading UAE-based manufacturer of oriental and western perfumes, celebrated its business excellence through a momentous occasion, its 25 th Anniversary or Silver Jubilee – by sharing its success with customers with a Mega Raffle Draw that saw 57 winners walk away with many prizes including a Jetour T2 SUV luxury vehicle, 7 iPhone 16s, and other prizes.
    As part of the 25th-anniversary celebration, the brand is unveiling a year-long series of initiatives and
    events, while it is also announcing its global expansion plan that will transform the regional leader into a
    formidable global brand.
    Established in the year 2000 in the UAE, Ahmed Al Maghribi Perfumes has grown from a small outfit in
    the last quarter of a century to become one of the largest perfumes manufacturer, wholesaler retailer and
    exporter in the Gulf Cooperation Council (GCC) region. It currently has a strong network of 180 stores
    across the UAE, Saudi Arabia and the GCC countries, exporting to more than 160 countries.
    Of the 180 retail stores, 80 of them are located in the UAE, 30 in Saudi Arabia, 45 in Oman, 10 in
    Bahrain, 10 in Qatar and five serving customers in Kuwait. With more than 1,000 employees, it serves a
    customer base of 55,000 in the UAE mostly comprising of Emirati and Arab customers who love the
    oriental fragrances.
    Mr Kafeel Ahmed, Founder and Chairman of Ahmed Al Maghribi Perfumes, says, “It is a momentous
    occasion for all of us in the Ahmed Al Maghribi Perfumes family and we have built it to the current level together. It is important to recognise the growth and success of the brand. We started the business with a
    vision and humble roots, growing from a small-scale operation to a well-known brand across the GCC.
    “Our success is a combination of Allah’s blessing, our strong teamwork and dedication, in addition to the
    founder’s vision and passion – driven by a genuine passion for excellence, craftsmanship and customer
    satisfaction. We are grateful for the opportunity to build a brand that serves the community and creates
    lasting impact.
    “The brand’s success is a direct result of the unwavering support, trust, and loyalty from customers who
    share in the passion and we wanted to share our success with our loyal customers who have been with
    us for a long time and I am happy to see that many of them have won prizes that I am sure, will make
    them happy.
    “As a UAE home-grown perfumes brand, we are continuously growing and evolving with times,
    introducing new line of contemporary collection while retaining our signature quality in our products. I take
    this opportunity to thank all our customers near and far and wish the all the best.”
    Ahmed Al Maghribi Perfumes produces a wide range of oriental perfumes, including oud, bukhoor, oil-
    base high-quality perfume blends as well as spray-based occidental fragrances. Established in 2000 by
    Mr Kafeel Ahmed, a Non-Resident Indian (NRI) fragrance specialist, who turned his passion and
    expertise into a global enterprise that serves hundreds of thousands of customers in more than 20
    countries in the world.
    It also exports perfumes to the more than 160 countries including United Kingdom, Europe – in Bulgaria
    and Italy, Azerbaijan and a few other Central Asian destinations as well as Chicago and Dallas in the
    United States, where the local distributors maintain its presence.
    It has a large manufacturing plant in Ajman from where the products are manufactured, packaged and
    shipped to its network of retail outlets and distributors across the world. The company plans to open at
    least five new outlets in Saudi Arabia, where business is growing due to ongoing economic reforms and
    massive infrastructure development.
    Ahmed Al Maghribi Perfumes has a strong growth vision that will see the company expand into new
    territories while strengthen its presence in the GCC with scores of new stores.
    “We have achieved considerable growth over the last 25 years. However, in the next few years, we have
    exciting plans for the future – expand beyond regional borders, positioning the brand on the global stage
    with increasing recognition and reach. In this journey, we continue to grow and innovate in both product
    offerings and customer experience,” Mr Kafeel Ahmed says.
    “We are now aiming to expand further into international markets, setting new standards for quality and
    service. We are focused on sustainable growth, enhancing brand reputation, and fostering deeper
    connections with customers globally.
    Mega Raffle Draw Winners
    Winner of Jetour T2 SUV
    Qasr Abdullah Iraq

    Winners of iPhone 16s

    1 Ms Salma UAE
    2 Umm Sayed UAE
    3 Mr Saif UAE
    4 Mr Mohammed UAE
    5 Fasal Ur Rahman UAE
    6 Rawdha Mohammed Abdullah UAE
    7 Ms Khulood UAE

  • AI Experts Highlight the Need for Robust AGI Regulatory Frameworks as Ai Everything Global commences

    AI Experts Highlight the Need for Robust AGI Regulatory Frameworks as Ai Everything Global commences

    AI Experts Highlight the Need for Robust AGI Regulatory Frameworks as Ai Everything Global commences

    • The inaugural edition began in Abu Dhabi with Artificial General Intelligence (AGI) among the key topics discussed on an opening day of conversations and debates.

    Abu Dhabi(News Desk):: Establishing regulatory frameworks are fundamental to ensure that current and future Artificial General Intelligence (AGI) systems are developed and function responsibly and ethically, experts told attendees on the opening day of Ai Everything Global.

    The event’s inaugural edition, organised by Dubai World Trade Centre (DWTC), in affiliation with GITEX GLOBAL, the world’s largest tech show, began with a packed Ai Everything Summit at Abu Dhabi’s St. Regis Saadiyat Island Resort, as industry AI leaders and professionals came together to discuss the importance of this powerful technology.

    Among the key topics on the agenda was AGI, which has been actively explored since the inception of AI research and has since evolved into a widely adopted tool in everyday life.

    The uncertainties of AGI systems and the need to solve the pressing issue

    Speaking at Ai Everything Global, Stuart Russell, Professor of Computer Science at University of Californiacalled for governments and companies to work together and map out resilient and strict frameworks and regulations to minimise risks.”Whether making the next generation of large language models bigger is going to produce AGI is purely speculation at the moment,” said Russell, who authored the modern handbook on AI development used by over 1,300 universities in 116 countries and is also Vice Chair of WEF Council on AI and Robotics.

    “It’s just an accident that by making language models bigger and bigger, all of a sudden, they pass intuition tests and are indistinguishable from conversations with intelligent human beings. But the technology is extremely unreliable.

    “We – as experts in AI – do not understand how this technology works. And when it doesn’t work, nobody has a way of fixing it, and I strongly believe that a different approach is needed.”He stressed the importance of regulations to require that AGI providers secure their systems to not disseminate dangerous information – such as instructions for hacking – given the current lack of understanding of these mechanisms.

    Robotics Go Hand-in-Hand with Human Connection

    Sharing the stage with Stuart Russell was Kate Darling, Research Scientist at MIT Media Lab, one of the “25 Women in Robotics You Need to Know About” (as featured by Robohub), and an award-winning Intellectual Property expert influencing technology design and policy direction.In her session, Darling emphasised that AI and robotics should enhance human connection rather than replace it. She also highlighted that AI tools like ChatGPT are best used as productivity aids that complement human skills. Moreover, she raised questions about the environmental impact of emerging technologies, urging the industry to balance innovation with sustainable practices to ensure progress supports human and planetary well-being.

    “The really interesting thing is what happens when you take AI and robotics and you put them together with people. Because as people start to encounter these technologies in their daily lives, we see some really interesting reactions,” said.

    Next at Ai Everything Global 2025

    Russell’s and Darling’s views were just one of many insightful and engaging conversations to take place on the first day, with Ai Everything Global set to continue at Dubai Exhibition Centre (DEC), Expo City, for another two days of thought-provoking debates and conversations as part of the Exhibition Showcase.

    On Wednesday and Thursday, over 500 big-tech enterprises and startups from more than 70 countries worldwide, 500 Chief AI Officers (CAIOs), and 200 expert speakers will come together to advance the AI ecosystem. There will also be over 150 investors, managing $70 billion in assets, present with Ai Everything Global serving as the world’s largest AI investor connector platform, to source funding, engage with potential partners, secure investment deals, and accelerate their journeys towards rapid growth.

    For more information, please visit aieverythingglobal.com

  • Singapore Airlines Brings Back First Class and Premium Economy Experience

    Singapore Airlines Brings Back First Class and Premium Economy Experience

    Singapore Airlines Brings Back First Class and Premium Economy Experience Between Singapore and Dubai

    A new journey into the world of comfort and luxury begins in March 2025

    Singapore(News Desk):: Singapore Airlines is pleased to announce the reintroduction of its First Class and Premium Economy experience on flights between Singapore and Dubai from 31 March 2025. The flights will be operated seven times a week using Boeing 777-300ER aircraft with a four-class cabin configuration – First Class, Business Class, Premium Economy Class and Economy Class – to ensure an exceptional travel experience for all our customers.

    Premium Economy Class offers our customers the perfect blend of style and comfort, designed to meet the needs of travelers seeking a higher level of luxury. Seats feature a spacious design with extra legroom, a comfortable recline, and advanced amenities including high-definition screens and noise-cancelling headphones. Premium Economy Class customers also enjoy special privileges including priority check-in, boarding, and baggage handling, ensuring a smooth travel experience from the moment of departure to the moment of arrival.

    Singapore Airlines enhances its inflight dining experience with its signature Book the Cook service, which allows customers to pre-select their main courses from an extensive menu of constantly evolving food and beverage options. Meals are served in elegant crockery on a cloth-lined tray, making the onboard dining experience more like dining at a fine dining restaurant. The airline also offers its Premium Economy customers an exclusive amenity kit, created in collaboration with Out of the Woods, which includes eco-friendly products such as an eye mask, slippers and lip balm.

    In its constant endeavor to provide innovative services that meet the expectations of its customers, Singapore Airlines offers KrisFlyer loyalty program members, who travel in Premium Economy, free and unlimited Wi-Fi . This service allows passengers to stay in touch with their loved ones, get work done, or enjoy entertainment throughout the flight. Enrolling in KrisFlyer is free and easy, making this benefit accessible to everyone.

    First Class: The ultimate in luxury and distinction.
    Singapore Airlines’ First Class is a new standard of luxury and comfort. The spacious seats feature a luxurious design made from the finest leather, with stunning artistic touches that ensure complete privacy for each passenger. Passengers can customize their seat ambiance with adjustable interior lighting, whether they are for reading, working or relaxing.

    The experience is enhanced by a state-of-the-art entertainment system that offers a large, high-definition personal screen, supported by sleek controls and built-in USB ports to meet all your digital travel needs.

    An unforgettable food journey
    The First Class experience is completed with the exclusive Book the Cook menu, allowing passengers to pre-select their favourite dishes from a selection of international chefs. Meals are served with fine dining-inspired service and paired with the finest beverages, making every meal on board an unforgettable experience.

    Singapore Airlines: An unparalleled travel experience that combines comfort and innovation,Singapore Airlines continues to deliver the highest standards of service at every stage of travel. First Class and Premium Economy passengers receive priority check-in and baggage handling , ensuring a smooth and hassle-free travel experience from the moment they arrive at the airport to their final destination.

    Special flights on board the A350-900;For operational reasons, the A350-900 will be operated in place of the Boeing 777-300ER on certain days, including 1 April and 3-6 April 2025. Despite the aircraft type change, Singapore Airlines is committed to providing the same level of premium and premium service that customers have come to expect.

     In this context, Mr. Goh Choon Phong , Chief Executive Officer of Singapore Airlines, expressed his enthusiasm, saying: “We are delighted to reintroduce the First Class and Premium Economy experience on our flights between Singapore and Dubai. This move reflects our continued commitment to providing the utmost comfort and service to our customers. We recognize the importance of Dubai as a key destination, and we seek to enhance the travel experience for our customers with these unique additions.”

    This initiative comes as part of the company’s ongoing efforts to enhance its position as a leading destination for luxury travel. Singapore Airlines aims to meet the growing demand for high-end aviation services in the Arabian Gulf region, by offering an experience that combines superior comfort with advanced services .Whether you’re travelling for business or leisure, Singapore Airlines delivers a travel experience that goes beyond expectations, combining luxury and innovation to make every journey a memorable one.

    This initiative is a testament to Singapore Airlines’ commitment to enhancing the air travel experience between Singapore and Dubai, and an open invitation to our customers to discover new levels of comfort and luxury that meet their aspirations.

    We at Singapore Airlines look forward to welcoming you on board, promising you a unique journey with the signature of excellence you have come to expect.

  • The All-New Škoda 2025 7-seater Kodiaq Now Available at Ali & Sons Showrooms

    The All-New Škoda 2025 7-seater Kodiaq Now Available at Ali & Sons Showrooms

    The All-New Škoda 2025 7-seater Kodiaq Now Available at Ali & Sons Showrooms in Abu Dhabi,Al Ain, and Dubai

    Abu Dhabi(News Desk):: Ali &Sons announces that the highlymanticipated all-new Škoda Kodiaq is now available for purchase at its showrooms innAbu Dhabi, Al Ain, and Dubai. Starting at AED 144,000 inc. VAT, the latest iteration ofnthe Škoda Kodiaq combines modern design, advanced technology, and reliable performance, making it a compelling option for those seeking a versatile SUV.
    The 2025 Škoda Kodiaq is available in two trims, each designed to meet different preferences. The Kodiaq Selection offers a balanced driving experience with features suchbas LED front lights, fabric seats, keyless entry, and a range of safety systems, including airbags for driver and passenger protection, tyre pressure monitoring, and Lane Keep Assist.
    For those seeking a sportier edge, the Kodiaq Sportline offers a dynamic look and feel,bfeaturing 20-inch alloy wheels, leather and Alcantara sport seats, a panoramic sunroof, and premium ambient lighting. The Kodiaq comes with two dynamic engine choices: the 1.4 TSI, delivering 150 hp with standard front-wheel drive, and the more powerful 2.0 TSI, which delivers 190 hp with all-wheel drive as standard for enhanced performance. Both engines are paired with a DSG automatic transmission, ensuring a smooth and responsive driving experience.
    The Škoda Kodiaq NG is designed with modern connectivity in mind, featuring the Škoda Phone Box with two wireless chargers equipped with a cooling function for added efficiency.
    Additionally, the vehicle offers five USB-C ports to meet the demands of today’s tech-savvy ndrivers and passengers—four 45W fast-charging ports, with two conveniently placed in the front and two in the rear, ensuring quick charging for multiple devices. A fifth 15W USB-C port is discreetly integrated into the rear-view mirror, providing an accessible option for dash cams or other devices.
    Emre Dogueri, General Manager of Škoda at Ali & Sons, said: “The all-new Škoda Kodiaq is our flagship model, designed to meet the diverse needs of drivers and families. It offers a balance of performance, comfort, and innovation, while standing out for its spacious interior, making it an ideal choice for both daily commutes and longer journeys. Built with European quality and precision, the Kodiaq delivers a versatile driving experience, combining practical features with sophisticated design. At Ali &Sons, we aim to provide vehicles that align with the expectations of our customers in Abu Dhabi, Al Ain, and Dubai.”

    Customers are invited to visit the showrooms in Abu Dhabi, Al Ain, and Dubai. to explore the new-generation Škoda Kodiaq firsthand. Test drives and consultations are available, offering the perfect opportunity to explore the SUV’s features, performance, and advanced technology.( END)

  • Cohesion partners with Apex Group to provide investors with access to India’s equity market

    Cohesion partners with Apex Group to provide investors with access to India’s equity market

    Cohesion partners with Apex Group to provide investors with access to India’s equity market

    Dubai(News Desk):: Cohesion Asset Management Limited (“Cohesion”) is delighted to announce a major new partnership with Apex Invest – Apex Group’s suite of capital raising, advisory, fund distribution and IR & marketing solutions.

    Apex Invest will promote flagship Cohesion MK Best Ideas fund across its global network, where it is authorised to do so. Cohesion focuses on providing investors with access to a fund management team in one of the most exciting and dynamic equity markets in the world – India.  The Indian growth story is undeniable, driven by powerful demographic tailwinds and an entrepreneurial spirit. These factors explain why so many investors and business leaders have identified India as a place where they want to allocate capital.Through Cohesion MK Best Ideas, investors have access to the insights and experience of Madhu Kela and his team.  Mr Kela is a high-profile fund manager whose opinions on the Indian market are highly sought after.

    Since launch in August 2020, Cohesion’s flagship fund, Cohesion MK Best Ideas, has an enviable track record.

    Commenting on the new partnership, Spike Hughes, Cohesion’s Founder & CEO said: “We are delighted to be working with one of the world’s leading fund service businesses. With more than $3tn assets under servicing, they have the scale and reach we were looking for.  However, this partnership is about much more than just numbers.  Peter Hughes and I have very similar views on what success should look like in fund management and that means investment excellence backed up with world-class service and administration.”

    Peter Hughes, Apex Group’s Founder and CEO said: “We are extremely pleased to partner with Cohesion.  Spike has a strong team of seasoned professionals. We are proud to promote the Cohesion MK Best Ideas fund in jurisdictions where we have authorisation to do so.”-ends-

  • OMODA & JAECOO set to accelerate into UAE Market

    OMODA & JAECOO set to accelerate into UAE Market

    OMODA & JAECOO set to accelerate into UAE Market
    with immersive test drive experiences

    • The Know Our Customer (KOC) test drive event inaugurates OMODA & JAECOO’s strategic market entry, setting the stage for their official launch in the UAE.

    • The test drive experience demonstrates the brands’ commitment to direct customer engagement and innovative automotive technology.

    • The year 2024 marks OMODA & JAECOO’s emergence as the fastest-growing automotive brand globally.

    Dubai(News Desk)– OMODA & JAECOO, the global automotive brands revolutionizing mobility, recently hosted an exclusive test drive event that demonstrates their dedication to understanding UAE customer preferences. The Know Our Customer (KOC) series at Flat 12, Dubai Maritime City, provided automotive enthusiasts in the UAE with a groundbreaking hands-on experience of their cutting-edge vehicles.

    During the event, OMODA & JAECOO conducted 180 test drives, offering potential customers an immersive preview of their flagship models, including the OMODA C5, JAECOO J7, J7 PHEV, and JAECOO J8. The event transcended a typical test drive experience and provided a strategic dialogue with future customers. By gathering direct feedback and creating an interactive experience, the brands are not simply introducing vehicles but building a community of mobility innovators.

    The event garnered overwhelmingly positive reviews from participants, who praised the vehicles’ advanced technological features, impressive performance, and luxurious design. Attendees consistently highlighted JAECOO J8’s powerful presence, the OMODA C5’s sleek exterior, and the engaging drive. Many test drivers expressed excitement about the brand’s unique approach to mobility, noting the perfect balance between performance, comfort, and cutting-edge design.

    Jamil Badr, a Biochemical Engineer and luxury car enthusiast, shared his experience with JAECOO J7: “As an owner of luxury four-wheel drives, I’m truly impressed by this vehicle’s capabilities. The J7 excelled in every terrain – from mud to sand – while offering superior comfort and advanced features like the 360-degree camera system. What’s particularly noteworthy is that it combines powerful performance with luxury amenities that surpass even high-end vehicles in the market.”

    Building on this momentum, OMODA & JAECOO will officially launch in the UAE in the first quarter of 2025, introducing the OMODA C5 and JAECOO J7 to the market. The KOC event serves as a strategic prelude, generating anticipation and gathering invaluable customer insights.

    “The overwhelming response from UAE automotive enthusiasts during our KOC event has been truly remarkable,” says Shawn Xu, CEO of OMODA & JAECOO Automobile International. “Their enthusiasm and invaluable feedback reaffirm our commitment to bringing innovative mobility solutions to this dynamic market. As we prepare for our official launch, we’re thrilled to see that our vehicles have already resonated so strongly with discerning UAE customers who appreciate both luxury and performance.”

    Global Growth and Market Expansion

    The year 2024 was transformative for OMODA & JAECOO, marking their emergence as the fastest-growing automotive brand on the global stage. The brand has achieved remarkable international recognition, expanding its presence to 33 countries and regions and building a robust global customer base of 410,136 individuals.This extraordinary growth is reflected in their impressive sales performance, with annual sales reaching 248,605 units and maintaining a consistent monthly sales volume exceeding 20,000 units for eight consecutive months.

    The brand’s expansion strategy has yielded significant results across diverse markets. In Turkey, OMODA & JAECOO achieved annual sales of 16,064 units, representing a 23.3% year-on-year increase. Malaysia experienced an even more remarkable trajectory, with annual sales rocketing to 15,661 units—a staggering 174% growth.

    OMODA & JAECOO is revolutionizing the automotive retail landscape in the UAE through its groundbreaking subsidiary model. As a direct distributor, the brand has established strategic partnerships with individual dealers across different emirates, ensuring comprehensive market coverage and superior customer service.Supporting this customer-centric strategy, the brand has established its Middle East Spare Parts Distribution Center, dramatically improving service efficiency in the region. This facility has reduced parts delivery times from 60 to just 9 days—an 85% improvement over traditional supply chains in the GCC region. With its international headquarters situated in Riyadh, OMODA & JAECOO demonstrates a deep commitment to the Middle Eastern market, setting new standards in automotive retail and service excellence.The impressive growth momentum is driving OMODA & JAECOO’s strategic expansion into essential markets, highlighted by the upcoming launch of its highly awaited Middle Eastern Hub in the UAE. With sales rapidly increasing globally, the brand is set to make a notable impression by introducing a lineup of vehicles specifically designed for the tastes of UAE consumers. This expansion is anticipated to enhance the brand’s growth trajectory, reinforcing its presence and fostering considerable success in the region and beyond.

    While expectation builds for the official launch, automotive enthusiasts are invited to preview the vehicles at the newly established OMODA & JAECOO showroom and service center in Deira. Located on Al Ittihad Road – Al Khabaisi, Dubai, the facility welcomes visitors to explore the innovative vehicle lineup ahead of the official launch.– Ends –

  • ADX Signs MOU with Iraqi Securities Commission

    ADX Signs MOU with Iraqi Securities Commission

    Abu Dhabi Securities Exchange Signs Memorandum of Understanding with Iraqi Securities Commission in Preparation for Iraq’s Stock Exchange to Join the Tabadul Platform

    Abu Dhabi(News Desk):: The Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Iraqi Securities Commission at the governmental palace in Baghdad, under the patronage of Prime Minister Engineer Muhammad Shia’ al-Sudani. This agreement aims to enhance collaboration on a range of key initiatives. The MoU highlights the commitment of both financial markets to strengthen relations between the capital markets of both countries and to collaborate on initiatives that aim to enhance trade and investment opportunities in each other’s economies.

    Under this MoU, ADX and the Iraqi Stock Exchange can explore ways to cooperate in areas including technology, the exchange of best trading practices, educational and training initiatives for investors, and enhancing market development and innovation areas. The MoU will also pave the way for the Iraqi Stock Exchange to join the Tabadul digital trading platform, the first digital platform in the region based on the mutual market access model, enhancing connectivity and opening new avenues for cross-border investment opportunities.

    The ADX launched the Tabadul platform in July 2022, making it the first digital trading center in the Middle East. The platform is based on the mutual market access model, facilitating cross-border exchanges and connecting member financial markets. It enables brokerage firms to seamlessly access markets within the Tabadul network, providing investors with more opportunities to invest across different markets. Alongside ADX, the platform includes the Bahrain Bourse, Muscat Stock Exchange, Astana International Exchange, Kazakhstan Stock Exchange, Central Asian Stock Exchange, Armenia Stock Exchange, and Amman Stock Exchange. Discussions are ongoing with 10 financial markets to join the platform, which offers a wide range of trading opportunities for investors in all participating markets directly and easily, enabling all participants to develop and achieve their interests, which is crucial for accelerating economic growth in the financial markets of member countries.

    According to the MOU, the two financial markets will work together to improve electronic trading and post-trading systems, exchange modern trading practices and techniques, and launch a range of educational and training initiatives that contribute to market development and innovation.

    In this context, Abdulla Salem Alnuaimi, Group Chief Executive Officer of the Abu Dhabi Securities Exchange, stated: “Our agreement with the Iraqi Stock Exchange represents an important step in our journey to enhance communication and exchange experiences between ADX and other Arab and regional markets. This cooperation contributes to expanding our regional presence in line with our goals of increasing cross-border market activity and providing more opportunities for investors. We look forward to welcoming the Iraqi Stock Exchange as a new member of the rapidly growing Tabadul digital platform, which offers investors a new investment gateway and unique opportunities for seamless access to new 

    growth markets and investment options in the listed companies of both exchanges. Additionally, we welcome investors from Iraq to the ADX, offering them the opportunity to better understand the market and benefit from the success and growth of the listed companies on the Exchnage.”

    For his part, the Chairman of the Iraqi Securities Commission, Mr. Faisal Al-Haimus, added: “We are pleased for the Iraqi Stock Exchange to join the Tabadul platform, as this step represents a qualitative leap in the development of the Iraqi financial market and enhancing integration with regional markets. This cooperation with the Abu Dhabi Securities Exchange aligns with the Iraqi government’s vision to support economic growth and stimulate investment, in line with the government program aimed at enhancing economic openness and developing financial infrastructure.”The inclusion of the Iraqi Stock Exchange in the Tabadul platform enhances mutual investment opportunities between the two countries and provides an advanced platform to connect Iraqi investors with regional and international investment opportunities. It also reflects our ongoing commitment to developing the Iraqi securities market in support of achieving sustainable development goals and enhancing economic relations between Iraq and the United Arab Emirates.

    The Abu Dhabi Securities Exchange is committed to expanding the “Tabadul” platform through strategic partnerships with leading global financial markets to enhance connectivity between different markets, increase liquidity, and provide innovative trading solutions for investors.– Ends –

     

  • The VinFast VF 8 is Where Technology Meets Safety

    The VinFast VF 8 is Where Technology Meets Safety

    The VinFast VF 8 is Where Technology Meets Safety

    The premium electric VF 8 SUV is VinFast’s answer to the Middle East car buyers’ growing demand for advanced in-cabin technology. Combining innovation with safety, this vehicle offers a sophisticated driving experience tailored to the region’s evolving preferences.

    Dubai(News Desk)::The automotive industry is evolving rapidly, particularly in regions like the Middle East, where the demand for vehicles that merge cutting-edge technology with luxury is rising. Consumers here are increasingly looking for a vehicle that provides a connected, sophisticated driving experience and aligns with their tech-savvy lifestyles. In response to these shifting preferences, VinFast, a Vietnamese electric vehicle manufacturer, introduces the VF 8, a premium electric SUV designed to deliver both innovation and safety.

    With global aspirations, VinFast is positioning itself as a key player in the electric vehicle (EV) market. The VF 8, as a flagship model, is built to cater to customers who value technology, sustainability, and luxury. Its blend of modern features ensures it stands out in the competitive automotive market, especially in the Middle East.

    Comfort Behind the Wheel Through Advanced ADAS

    The Middle Eastern car market has a growing appetite for innovations that enhance the driving experience. According to a PWC survey, 67% of Middle Eastern consumers are eager to embrace the latest tech trends This thirst for innovation aligns well with the VF 8, which is packed with features designed to meet this demand.

    The VF 8 incorporates the ADAS (Advanced Driver-Assistance System), which includes lane departure warning, adaptive cruise control, and automatic emergency braking. These features provide an added layer of safety. Additionally, the vehicle’s HUD (Head-Up Display) projects crucial driving information directly onto the windshield, reducing distractions and helping drivers stay focused.

    In a region where air quality is often a concern, the VF 8’s air quality protection system offers peace of mind by ensuring a clean, healthy cabin environment. This advanced filtration system, combined with the vehicle’s other technological features, guarantees that drivers and passengers can enjoy a comfortable and secure journey, no matter where the road takes them.

    Stay Connected Always with VF Connect

    Safety is a top priority in the VF 8’s design. Equipped with 11 airbags placed throughout the cabin, the vehicle ensures occupant protection in the event of a collision. Its structural design, coupled with advanced safety features like ADAS, ensures that the VF 8 meets the safety demands of a region where traffic accidents are a common concern.

    VinFast also ensures the VF 8 stays connected to the digital world through the VF Connect system. This system allows drivers to remotely control vehicle functions such as starting the engine, adjusting the climate settings, and checking the vehicle’s status, offering convenience and peace of mind.

    This feature aligns with the strong desire for smartphone connectivity among Middle Eastern consumers. According to Deloitte’s 2025 Global Automotive Consumer Study, a significant percentage of respondents in Saudi Arabia (76%) and the UAE (67%) consider smartphone integration highly important.

    With its advanced technological features, comprehensive safety systems, and eco-friendly nature, the VinFast VF 8 emerges as a forward-thinking option for Middle Eastern drivers. It offers a glimpse into the future of automotive mobility, where luxury, innovation, and sustainability come together for a truly modern driving experience

    [1] https://www.pwc.com/m1/en/media-centre/2023/consumers-in-the-middle-east-are-empowered-by-technology-and-making-informed-choices.html

    [2] https://www2.deloitte.com/us/en/insights/industry/retail-distribution/global-automotive-consumer-study.html

  • Consul General Meets Pakistan Business Council Dubai’s Members

    Consul General Meets Pakistan Business Council Dubai’s Members

    Consul General Meets Pakistan Business Council Dubai’s Members.

    Dubai (News Desk):H.E. Hussain Muhammad, Consul General Pakistan held a meeting with the new Board of Pakistan Business Council (PBC) Dubai at the Consulate General of Pakistan.

    Chairman of the PBC Mr. Shabbir Merchant,introduced the newly inducted members and shared the council’s strategic roadmap for 2025-2026.Mr. Merchant stated that PBC aims to strengthen the relationship between Pakistan and UAE through collaborative efforts in trade, investment and cultural exchanges. He added that the Council is committed to avail opportunities for mutual growth and foster a deeper connection between the two nations.

    H.E. Hussain Muhammad Congratulating the new board, extended his best wishes to the members and appreciated PBC’s efforts in promoting Pakistan’s economic potential in the UAE. He encouraged them to take concrete steps towards enhancing bilateral trade and investment between Pakistan and the UAE.

    The Consul General emphasized the need for business leaders to explore opportunities in Pakistan’s diverse sectors, including IT, manufacturing, agriculture and tourism. He said that Pakistan offers immense potential for investment and trade, with Special Investment Facilitation Council (SIFC) established as a single window to facilitate investors. He urged the Pakistan Business Council to act as a bridge for creating new partnerships and expanding existing ones.The Consul General assured the council of the Consulate’s support and reaffirmed the mission’s commitment to strengthening the Pakistan-UAE relationship.

    The meeting was also attended by Ali Zeb Khan, Trade & Investment Counsellor and other senior officials of the Consulate and members of the PBC.

  • Daleel Financing Platform Launches Operations in UAE with $44 Billion

    Daleel Financing Platform Launches Operations in UAE with $44 Billion

    Daleel Financing Platform Launches Operations in UAE with $44 Billion

    • The launch event for the award-winning Daleel Financing Platform took place at Visa’s Regional Market Support Centre for Central and Eastern Europe, Middle East and Africa, located in Dubai.

    Dubai(News Desk):: Daleel, the Middle East’s leading personal finance company, has announced the launch of its operations in the UAE. Founded in Bahrain, Daleel has achieved notable success in the local fintech market, It has been bridging the gap between consumers and financial institutions through its innovative platform. This strategic expansion comes with new developments aimed at helping consumers in the UAE simplify their financial decisions. Daleel targets a huge personal finance market in the region, estimated at $44.4 billion.

    The official launch event was held at Visa’s Central and Eastern Europe, Middle East and Africa Regional Market Support Centre in Dubai. The company won first place and $40,000 in funding during the Visa Everywhere Initiative 2023 Finals in Saudi Arabia.

    The event was strongly supported by prominent investors including Flat6Labs and Salika Investments, with the company’s founders, PK Shrivastava, Co-Founder and CEO, alongside Raza Shah, COO, and Hilal Lootah, Co-Founder and Co-CEO of Loon Technologies, in attendance. Chris Michael, Co-Founder and Co-CEO of Ozone API, Arran Summerhill, COO and Co-Founder of HOLO, and James Ashton-Smith, Head of Digital Partnerships and Ventures for Visa CEMEA. The event brought together a number of prominent figures from various sectors, including banks, venture capital firms, and fintech, which enhanced the importance of the discussions and opened new avenues for collaboration and innovation.

    Commenting on the launch, PK Shrivastava, Co-Founder and CEO of Daleel, said: “Our launch in the UAE is a milestone moment for the company and we are delighted to achieve this milestone alongside Visa, who have supported us from the beginning. There is a real demand in the region for financial services. Dedicated, we believe this is the right time to expand our platform to provide the best financial solutions to customers. We look forward to contributing to the realization of the “We the Emirates 2031” vision and the UAE’s digital economy strategy, and enhancing financial cooperation, innovation and financial inclusion in the country’s economy.”

    Salima Gotefa, Vice President and General Manager, Visa UAE, said: “We welcome Daleel to the UAE and are delighted that a company we supported in its early stages is expanding to become a regional player in the fintech space. Technology that makes people’s lives easier and enhances trust and transparency In the financial field, it is of utmost importance. We look forward to collaborating with Daleel to increase financial awareness and enhance personalization.”

    Daleel’s team includes open finance experts, financial professionals, and technical developers. With this deep knowledge and proven regional implementation, Daleel has developed its custom financial platform to be a convenient way to connect individual customers with trusted financial institutions and products. For financial institutions, Daleel provides a more Cost-effective customer acquisition and development of personalized products based on real data. The company plans to obtain an open finance license in 2025 to enhance integration.Guide’s innovative, data-driven technology analyzes thousands of available offers such as credit cards, mortgages, savings accounts and more. It delivers personalized, actionable insights in seconds, enabling a transparent, unique system that creates better financial outcomes and faster decisions in minutes instead of days or weeks.

    For more information, please visit the online directory website www.getdaleel.com and download the “Get Daleel” application via Google Play and App Store.