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Category: Commerce

  • HAYAH Insurance Launches Simple Saver and Smart Saver

    HAYAH Insurance Launches Simple Saver and Smart Saver

    HAYAH Insurance Launches Simple Saver and Smart Saver: Affordable, Flexible Savings Solutions for UAE Residents

     Two new savings products are on offer, Simple Saver and Smart Saver
     Both plans are designed to be inclusive, customer-friendly financial solutions
     Simple Saver and Smart Saver are fully digital, with no complicated paperwork to
    complete
     Start saving from as little as AED 50 (Simple Saver)
     Smart Saver offers more diversified investment strategies for more sophisticated savers
     A single low annual management fee, which reduces to 0.50% as the savings grow

    Dubai(News Desk):: In a move towards financial inclusion, HAYAH Insurance has launched two innovative digital savings products, Simple Saver and Smart Saver, designed to offer flexible, low-cost savings solutions to UAE residents. These products mark a major step forward in providing accessible financial services to individuals across all income levels, making it easier for everyone to secure their financial future.
    Empowering financial growth for all, the Simple Saver and Smart Saver plans are part of HAYAH Insurance’s mission to bring inclusive, customer-friendly financial solutions to the UAE market. Both products are fully digital, allowing users to start saving and investing with minimal paperwork and complete transparency. With Simple Saver, customers can start with a modest
    contribution of AED 50, while Smart Saver offers more sophisticated options for those looking for a
    diversified investment strategy. “We recognised that the traditional savings plans in the region were often high-cost and complex, making it difficult for the average person to access high-quality investment opportunities,” said Arvind Krishnan, Head of Wealth Management for HAYAH Insurance. “With Simple Saver and Smart Saver, we aim to break this mould by offering flexible, affordable savings solutions that give customers access to world-class asset managers and investment opportunities.”
    The best part about these plans is that they are easy on the pocket. HAYAH charges a single low,annual management fees which reduces to 0.50% as the savings grow. Unlike other savings plans in the market, there are no additional fixed admin charges, allocation rates or hidden investment charges associated with both the savings plans.
    Both products offer access to a wide range of funds, including BlackRock multi-asset portfolios and other top-tier global investment options. Whether clients are just starting their savings journey with Simple Saver or looking to diversify their investments with Smart Saver, they can do so with confidence and ease, knowing their savings are managed by world-renowned asset managers.

    Smart Saver caters to customers looking for a more active investment approach, offering greater flexibility and higher contribution levels, while Simple Saver focuses on simplicity and ease of use, making it perfect for first-time savers or those looking for a hands-off investment experience.
    One of the key differentiators of both Simple Saver and Smart Saver is the seamless, fully digital experience they provide. Customers can sign up online in minutes, with a streamlined documentation process and transparent investment tracking. The intuitive platform allows users to monitor their portfolios in real-time, adjust contributions, and make informed decisions about their financial future.
    “Simple Saver and Smart Saver are designed to fit into the fast-paced lives of our customers,” said
    Mohamed Seghir, CEO of HAYAH Insurance. “We’ve built a platform that offers a state-of-the-art user experience, giving customers the tools they need to manage their investments with ease, confidence, and complete transparency.”
    As financial inclusion becomes a key priority in the UAE, both products are positioned to be at the forefront of this movement. With a customer-first approach, low-cost investment options, and access to top-tier global funds, these products are set to transform the savings landscape in the region.HAYAH Insurance continues to innovate in the financial services space, driven by the belief that everyone, regardless of income level, should have the opportunity to grow their wealth and secure their future. Through these new offerings, HAYAH aims to empower individuals across the UAE to take control of their financial destinies.

  • ADX Welcomes the Listing of ADNH Catering

    ADX Welcomes the Listing of ADNH Catering

    Abu Dhabi Securities Exchange (ADX) Welcomes the Listing of ADNH Catering

     ADX announces the listing of ADNH Catering plc following the Offering of 40% of its share capital to investors, raising AED 864 million
     With demand exceeding AED 13 billion, the Offering was oversubscribed by more than 15 times
     ADNH Catering is the 8 th offering and 23 rd listing on ADX in 2024

    Abu Dhabi(News Desk)::The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing stock exchanges in the world, announced today the listing of ADNH Catering plc (“ADNH Catering” or the “Company”),a leading food and support services provider operating in the UAE.
    ADNH Catering joins ADX after a successful IPO, with its shareholder, Abu Dhabi NationalHotels Company, raising AED 864 million ($235 million) from the sale of 900 million offer shares, representing 40% of ADNH Catering’s total issued share capital. The Offering attracted strong demand from both international and regional investors, being oversubscribed more than 15 times and attracting more than AED 13 billion in demand. With the final offer price set at the top of the announced price range, at AED 0.96 per share, the listing reinforces ADNH Catering’s
    position as an established market leader in food and support services, catering to critical sectors including healthcare, education, defense and business and industry across the region.
    The successful listing reflects the Company’s strong market position, built on its established operations across key sectors in the UAE and Saudi Arabia. As of 30 June 2024, ADNH Catering operated c.160 on-site kitchens and delivered c.11 million meals per month serving 262 clients in the year ended 30 September 2023. Its presence in Saudi Arabia is set to expand further, with planned growth in Riyadh, Jeddah and the East.
    Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said: We congratulate
    ADNH Catering on their successful listing and welcome the Company to the ADX family. As a
    leader in the food and support services sector, ADNH Catering brings immense value to our
    economy, offering investors access to a dynamic industry with strong growth potential and
    adding new vibrancy to the Abu Dhabi capital market. As the F&B sector in the UAE and region
    continues to expand due to evolving demographics and a thriving business community, ADNH
    Catering is well-placed to meet the ballooning demand and fulfil their growth strategies. We
    look forward to their continuing success and developments on ADX.
    Abu Dhabi National Hotels, the parent company of ADNH Catering, has been listed on ADX
    since 15 January 2001, and has since then experienced significant growth of 360% in its market
    capitalization up to the end of Q3 2024.
    Clive Cowley, Chief Executive Officer of ADNH Catering, said: “Our successful listing on
    ADX not only demonstrates the strong investor support that we have seen for our equity story
    and our attractive dividend profile, but underscores our own commitment to delivering long-term
    value for all stakeholders. As we embark on this new chapter, we remain focused on expanding
    our operations in the UAE and Saudi Arabia, and our commitment to excellence and innovation
    in the catering and support services sector will continue to guide us. As we welcome our new
    shareholders, we are grateful to ADX for welcoming us to Abu Dhabi’s increasingly deep and
    diverse capital market.”The listing of ADNH Catering reinforces the role of Abu Dhabi’s financial market as the preferred platform for companies pursuing growth opportunities in the UAE and beyond. It also reinforces the trust that listed companies have in ADX’s strong infrastructure and the exchange’s commitment to meeting the evolving needs of investors by providing diverse investment opportunities.(– Ends –)
  • Medallion Associates launches Institutional Investors Office

    Medallion Associates launches Institutional Investors Office

    In line with Dubai government’s ambitious strategy to increase real estate transactions to AED 1Trillion by 2033

     Medallion Associates launches Institutional Investors Office to accelerate financial asset growth in Dubai’s real estate market

    Dubai (News Desk)::In a strategic move to harness untapped financial avenues, investment advisors Medallion Associates have unveiled its Institutional Investor Desk, aiming to capitalize on the thriving Dubai real estate market. With property transactions soaring by 32% and sales value climbing by 23%, this initiative comes at a pivotal moment for the city’s post-pandemic recovery.

    The resurgence of Dubai’s real estate sector reflects a broader global demand for real estate, bolstered by proactive regulatory reforms from the Dubai government and the Dubai Land Department (DLD). As the market continues to evolve, Medallion’s Institutional Investor Desk seeks to align with the government’s ambitious Real Estate Sector Strategy 2033, which aims to raise real estate transactions in Dubai to AED 1 trillion, while doubling the sector’s contribution to economic diversification.. The ”Desk” is expected to be a cornerstone of the visionary Dubai Economic Agenda D33, initiated by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE.

    The “Desk” will focus on enhancing access to institutional capital by collaborating with investment consultants, advisors, and placement agents. By building strong partnerships and networks, Medallion aims to elevate its credibility in the market and facilitate greater investment flow into Dubai.

    Masood Al Awar, CEO of Medallion Associates, highlights the current investment landscape: “Dubai real estate industry has been something of an underachiever when it comes to attracting institutional investment. Despite controlling a staggering USD 120 trillion in global assets, institutional investors have only allocated USD 52 billion to Dubai. Our goal is to change that narrative and draw more of this investment to our vibrant market.”

    The Medallion Institutional Investor Desk will also offer bespoke investment mandates and separately managed accounts (SMAs) tailored to align with specific risk-return profiles and liquidity needs of investors. This personalized approach will ensure that institutional partners can confidently invest in Dubai’s dynamic real estate sector, maximizing their returns while mitigating risks.

    Dubai consistently outperforms other leading real estate markets, offering rental yields as high as 9%. Its favorable tax environment—characterized by the absence of property and capital gains taxes—makes it one of the most attractive destinations for real estate investment. Yet, Medallion’s analysis indicates that the real estate industry has captured only a small fraction of the institutional investment potential, a challenge the new Desk is poised to address.

    Al Awar emphasizes Dubai’s unique advantages: “The post-COVID investment landscape of the present offers few opportunities that match what Dubai has to offer. Our mission at Medallion is to transform these advantages into concrete results, driving enduring institutional investment flows that will benefit our economy now and in the future.”

    Through its Institutional Investor Desk, Medallion Associates aims to be at the forefront of enhancing Dubai’s appeal to institutional investors. By building strategic partnerships and providing tailored investment solutions, Medallion is committed to ensuring that the city fully realizes its potential in the global real estate arena.(-Ends- )

     

  • Colliers Project Leaders, Middle East secures $250-million World Trade Center, Yerevan project

    Colliers Project Leaders, Middle East secures $250-million World Trade Center, Yerevan project

    Colliers Project Leaders, Middle East secures $250-million World Trade Center, Yerevan project

    Dubai(News Desk):: Leading diversified project management firm, Colliers Project Leaders – Middle East, has won the mandate to deliver end-to-end project management solutions for Armenia’s new World Trade Center in Yerevan, valued at USD ~250 million. A public-private partnership between the Armenian government and Renshin Ltd., the project is designed to be a state-of-the-art mixed-use development that will be home to commercial spaces, offices, retail outlets, hotels and exhibition halls. Well known for its expertise in the real estate industry and project management, Colliers has a proven track record of delivering large-scale, marquee  projects including the World Trade Center in Bengaluru, India.
    Colliers Project Leaders has a growing presence in the Middle East and has earned widespread recognition for its delivery of superior projects over the years, across segments like infrastructure, residential, education, healthcare and office. Known for its visionary leadership and the adoption of advanced tools and technologies, the firm has been redefining project  management in the Middle East.
    “We have always placed a strong emphasis on consistently growing our capabilities to keep up with the needs of the market. Whether it is the adaption of global best practices or the development of pioneering technologies, our end goal has always been to deliver superior outcomes. A project of this scale requires industry-leading strategic and technical expertise,which is our proven capability. We are grateful to Renshin Limited and the Government of Armenia for entrusting us with this marquee assignment and look forward to collaborating with our internal and external stakeholders in Middle East, India and Georgia to bring it to life.”, says Sankey Prasad, Chairman Managing Director, Middle East  India, Colliers.
    “The World Trade Center Yerevan project is a mixed-use, net-zero, landmark real estate development promising to become the new face of Yerevan. To deliver upon this promise, we are engaging the top talent, top expertise, and top global firms. After a rigorous and tough tendering process, we are glad to announce that Colliers Project Leaders were selected to become our trusted partners. We are especially happy and proud that our project has triggered Colliers International Group Inc. – Nasdaq  Toronto listed, Canada-based global professional services and investment management company, specializing in real estate, to enter Armenia and set up a permanent presence. This move is fully aligned with WTCY mission to promote international business relationships and expand Armenia’s participation in the world trade and investment. Looking forward to work with our esteemed Colliers colleagues in this unique endeavour”, says Artashes Tonoyan, CEO Executive Committee Chair, World Trade Center Yerevan.

     

  • ADNH Catering Set to Make Waves on the Abu Dhabi Securities Market:

    ADNH Catering Set to Make Waves on the Abu Dhabi Securities Market:

    ADNH Catering Set to Make Waves on the Abu Dhabi Securities Market: A Lucrative Opportunity for Investors

    Abu Dhabi(News Desk)::ADNH Catering’s IPO represents a significant opportunity for UAE investors, promising rewarding returns with shares set to list on the Abu Dhabi Securities Market later this month.
    Shares will be listed at prices ranging from 91 fils to 96 fils, with the subscription process closing on October 14. This timeline provides investors with a timely opportunity to engage in this vital sector of the UAE economy.
    Experts indicate that this IPO offers a prime opportunity for investors looking to diversify their portfolios within the UAE’s expanding hospitality services sector. The company has committed to distributing dividends of 8.25% to 8.5% for two consecutive years.
    With local and global interest rates recently being cut by half a percentage point and further reductions anticipated, investors are well-positioned to achieve rewarding returns through this investment.
    ADNH Catering is affiliated with the Abu Dhabi National Hotel Company, which operates a prominent chain of luxury hotels in the UAE. Following a stock split at the end of last year, shares are now trading at 60 fils (equivalent to AED 6 pre-split). The split decision has led to enhancing liquidity and enabling individual and retail investors to engage with this leading company and have access to this vital sector.(-End-)

  • Private Equity Continues to Lead Private Markets Amid Growing Interest from Private Wealth  

    Private Equity Continues to Lead Private Markets Amid Growing Interest from Private Wealth  

    Private Equity Continues to Lead Private Markets Amid Growing Interest from Private Wealth  

    • Private Equity (PE) funds have captured a record 50.5 per cent of private capital fundraising in the year-to-date

    • Family offices and private wealth investors are increasingly following institutional investors as interest in Private Markets grows

    Dubai(News Desk):: A new report from Barclays Private Bank has revealed that private equity continues to lead private markets amid growing interest from private wealth investors.

    The inaugural report, Forging New Paths: How private investors are capitalising on the evolution of private markets, sheds light on the resilience and growth potential of private equity (PE), and venture capital (VC), identifying the key trends that private investors could consider when building a diversified portfolio.

    It shows that despite broader economic challenges, PE funds have captured a record 50.5 per cent of private capital fundraising in the year-to-date. Global closed-end private capital funds had assets under management of $14.7 trillion as of 2022, a figure projected to reach $19.6 trillion by 2028. These funds have collectively raised nearly $2 trillion in additional fresh capital since the beginning of 2023.

    The report also speaks to private wealth investors’ growing interest in private markets as they increasingly recognise the opportunities presented through these fund channels, following in the footsteps of their institutional counterparts.

     The report reveals:  

    • Both PE and VC exhibit strong historical returns, but the significance of manager selection cannot be understated. PE vintages from 2011 to 2022 outperformed the S&P 500, while VC funds, which have displayed greater volatility, have exhibited stronger returns with an 11.8 per cent 15-year internal rate of return (IRR).
    • Limited partners (LPs) have a preference for experienced Private Equity managers: In each year since 2019, more than 80 per cent of all new PE dollars raised were closed by experienced managers, and this percentage rose to 88 per cent YTD.
    • Family offices are increasing and diversifying their private market allocations, reflecting a desire to capture higher returns and align investments with personal values or global trends. Whilst high net worth individuals (HNWIs) are driving greater resilience and diversification into their portfolios by looking beyond the 60/40 portfolio into the private markets, looking to complement and diversify existing public market exposures.
    • There has been a significant shift in the dynamics of angel investing, with HNWIs increasingly favouring more established and traditional channels. HNWIs have pulled back somewhat from direct angel investments over the past decade as the wider private markets industry has evolved to allow private wealth investors to invest in more mature and established companies via funds or direct channels.
    • Venture capital is increasingly dominant in private wealth portfolios, with nearly half of all private capital fund commitments in the past decade being allocated to VC by count. However, the number of VC funds actively raising capital has declined, presenting both challenges and opportunities for investors seeking to maintain their exposure to this dynamic asset class.

    Shenal Kakad, Head of Private Markets, at Barclays Private Bank, commented: “Our report underscores the evolving sophistication of private wealth investors, who are increasingly adopting institutional strategies in their pursuit of higher returns and portfolio resilience.  We are also seeing growing demand from clients looking to make private market allocations based on their desire to not only capture higher returns but also to align with their personal values or global trends.

    “For high net worth individuals and family offices the opportunities within private markets are significant, but these markets are complex. Identifying the right opportunities requires expert guidance, coupled with deep knowledge of fund structures.”

     To read the report please visit: https://privatebank.barclays.com/insights/2024/september/private-markets-annual-report-2024/

  • Carter & White Launches First Store in “Marassi Galleria – Manama”

    Carter & White Launches First Store in “Marassi Galleria – Manama”

    Carter & White Launches First Store in “Marassi Galleria – Manama” as Part of Regional and Global Expansion Plans

    Manama(News Desk)::Carter & White, the UAE-based global leader in luxury fashion and premium accessories, has announced the opening of its first store in the Marassi Galleria shopping center in Manama, the capital of Bahrain.

    This new branch continues the company’s strategy of regional and global expansion, coinciding with the growth and development of commercial activity in the Bahraini capital.The new store, located in the prominent Marassi Galleria, spans 180 square meters and features the latest in men’s, women’s, and children’s fashion, luxury bags and accessories, exquisite fragrances, and a variety of high-quality home essentials.

    Mr. Abdullah bin Saeed Al Naboodah, Chairman of Carter & White, stated, “We are pleased to continue our regional and international expansion as we celebrate the opening of our first store in Marassi Galleria – Manama, which is Bahrain’s top shopping destination, attracting the largest number of visitors and shoppers. We aim to be closer to our customers, showcasing our latest luxury and premium products.”

    Al Naboodah added, “Bahrain is an important commercial destination that attracts visitors and tourists annually, and we are excited to open our first store here, making Carter & White products and accessories more accessible to customers.”

    He noted that the company is pursuing its expansion strategy and planning to open a new store in Dubai next October, along with a new international location in Cannes, France, in the first quarter of next year, with further expansion plans in other European and global capitals in the near future.

    Al Naboodah also highlighted the unexpected success of the Carter & White store in Porto Cervo, Sardinia, which experienced significant interest from tourists and yacht owners visiting the island during the summer season.He affirmed that the company’s fashion and products have earned the trust of customers due to their high quality and distinctive nature, keeping pace with the latest global fashion trends, which has resulted in substantial growth in demand.

    Carter & White is recognised as the first Emirati company specialising in luxury fashion and accessories, aiming for regional and global expansion through a series of store openings in major capitals around the world. The company has achieved significant milestones through participation in local, regional, and global exhibitions, and by opening multiple stores and direct sales channels.

  • Abu Dhabi Securities Exchange (ADX) Named Best Islamic Stock Exchange 2024

    Abu Dhabi Securities Exchange (ADX) Named Best Islamic Stock Exchange 2024

    Abu Dhabi Securities Exchange (ADX) Named Best Islamic Stock Exchange 2024

     ADX recognized for significant achievements in Islamic finance and contributions to the Islamic capital market

    Abu Dhabi(News Desk):: Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, announced today that it has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance Awards (GIFA).

    The GIFA award committee recognized ADX for itsbexceptional efforts and significant contributions to the
    Islamic finance sector. In its evaluation, the committee considered several key factors, including the market capitalization of Sharia-compliant financial instruments listed on ADX, which exceeds AED 2 trillion (USD 549 billion).The committee also acknowledged ADX’s exemplary performance through its accredited brokerage firms that adhere to Sharia principles. Furthermore, the committee highlighted the wide range of innovative Islamic market products offered by ADX, including nine Sharia-compliant ETFs that span domestic,regional, and international markets.

    ADX is currently developing its own Islamic index and continues to expand its offerings in alignment with
    Islamic principles. Among these initiatives is the Endowment Shares service, which enables investors to donate shares from their ADX securities account to fund charitable causes. Dividends from these donated shares are then used to support a variety of charitableendeavors.

    Commenting on the award, Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said:We are honored to be recognized as the best Islamic Stock Exchange in 2024 by The Global Islamic Finance Awards magazine. This achievement is a testament to our unwavering commitment to providing a diverse range of Shariah-compliant financial instruments for retail and global investors. Our continued focus on increasing trading and liquidity has allowed us to facilitate the growth of Islamic finance and attract a wider investor base. This award is a reflection of our dedication to excellence and our strategic goal of promoting sustainable investments in the region. We thank our partners and stakeholders for their continued support.ADX is committed to advancing its capital market by continuously introducing innovative Sharia-compliant products. This reflects ADX’s dedication to meeting diverse investor needs and expanding its range of financial products to provide greater choice and opportunity- (-Ends-)

  • Bloom Holding Launches ‘Almeria’ – The Seventh Phase of Bloom Living

    Bloom Holding Launches ‘Almeria’ – The Seventh Phase of Bloom Living

    Bloom Holding Launches ‘Almeria’ – The Seventh Phase of Bloom Living

    Abu Dhabi(UrduWeekly):: Bloom Holding, one of the UAE’s foremost real  estate development companies, has announced the launch of ‘Almeria’, the seventh phase of Bloom Living, its fully integrated and all-inclusive community in Abu Dhabi.
    Named after the Spanish city, Almeria offers premium villas with lakeside views ranging from three to six bedrooms. The seventh phase of Bloom Living is scheduled to be completed in Q4 2027 with prices starting from AED 3.7 million and attractive post-handover payment plans.
    Inspired by the Mediterranean Spanish architecture and elevated by the comfort of modern living, the premium villas at Almeria will be designed to welcome indoor-outdoor living with elegant finishings, high ceilings and large windows overlooking the serene lake. The communal areas within Almeria offer spacious courtyards as well as access to top-class amenities, providing residents with an exceptional community living experience.
    Bloom Holding has begun the early handover of the project’s first phase, Cordoba, ahead of its scheduled delivery date. A step that reflects the company’s ability to deliver beyond its promise and provide high-quality projects on time. Additionally, all launched villas and townhouses in Bloom Living have successfully sold out, demonstrating the strong demand for premium projects in prime locations.
    Chief Executive Officer of Bloom Holding, Carlos Wakim said: “Bloom Living has exceeded expectations and delivered outstanding results. With this new launch, Bloom Holding is further solidifying its position as a leader in developing destinations that prioritize community living. Our focus on quality and attention to detail underpins our commitment to providing premium projects and services that cater to the diverse needs of buyers and investors.
    “The exceptional sales results we are witnessing with each launch at Bloom Living is a testament to Bloom Holding’s dedication to excellence and its proven track record in delivering thoughtfully designed projects. We are committed to maintaining this high standard as we continue to achieve new milestones that reflect our deep understanding of  market trends and customer needs.
    “Bloom Holdings long-term vision for sustainable growth and success in this competitive industry remains unwavering, and we will continue to succeed with the same level of enthusiasm and determination.” He added.

    Those living within Almeria can benefit from a wide range of facilities available at Bloom Living, just within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s multiple uninterrupted, interconnected parks, and they can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports, and recreational facilities.
    Additionally, at the heart of Bloom Living lies a Town Center, a vibrant community destination that offers an array of exquisite restaurants and cafés available for both residents and visitors, as well as a variety of retail options and services such as a medical clinic, a wellness center and a supermarket, to ensure that residents can obtain all their daily  necessities without the need to leave Bloom Living.
    The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle on designated trails. For gatherings and leisure activities, the community features multi-purpose amphitheaters and Sunset and Sunrise Plazas with spectacular views.
    Moreover, Bloom Living comprises places of worship and two outstanding international schools.
    Bloom Living features a selection of villas, townhouses, and apartments, to suit the unique needs of residents of all generations. The highly convenient gated community is located within Zayed City and close to Zayed International Airport. Bloom Living has been designated as an investment zone allowing buyers of all nationalities to purchase residential units in the development.(-Ends-)

  • Flava Coffee to spotlight coffee at Salon du Chocolat

    Flava Coffee to spotlight coffee at Salon du Chocolat

    Flava Coffee to spotlight coffee at Salon du Chocolat

     The Dubai-based specialty coffee producer is the one of the SCA-certified sponsors to lead The World Coffee in Good Spirits Championship and Brew Bar programmes at the exhibition.

    Dubai(News Desk)::Flava Coffee, a Dubai-based producer of specialty coffee, is set to take part at the renowned Salon du Chocolat et de la Patisserie Dubai, an international culinary exhibition and the largest event in the Middle East featuring desserts, pastries, and chocolate. Taking place from September 18 to 20 at Madinat Jumeirah in Madinat Arena, the show will bring together over 7,000 professional chocolate tasters, chocolatiers, chocolate enthusiasts, authors, pastry chefs, and visitors to highlight the ever-transforming realm of gastronomy. As a certified coffee sponsor by the Specialty Coffee Association (SCA), Flava Coffee is one of the proud sponsors of the competition – the World Coffee in Good Spirits Championship and will be taking over the Brew Bar. Flava Coffee will be celebrating the artistry and craftsmanship behind specialty coffee.

    In collaboration with the Specialty Coffee Association (SCA), Flava Coffee is set to elevate the art of coffee preparation at the upcoming World Coffee in Good Spirits Championship. This prestigious event will bring together world-class baristas to showcase their creativity and mixology expertise, crafting unique coffee and spirit cocktails.

    Playing a significant role at the exhibition, Flava Coffee will take over the Brew Bar on September 19 from 3:00 pm to 5:45 pm. Coffee enthusiasts can exclusively enjoy the brand’s freshly brewed coffee that is guaranteed to delight the taste buds. Its signature blends offer a distinct range of nuanced flavours, starting with rich notes of chocolate and nutty caramel to subtle hints of fruitiness and delicate floral accents.

     Flava Coffee has carved a niche in the UAE coffee market for its ethically sourced and sustained supply of roasted coffee. Adopting innovative practices in coffee consumption, it has engineered tech-savvy coffee brewing machines. It was founded in 2023 by Mr. Safdar Badami, who envisioned sourcing premium quality beans from farms across the world to deliver invigorating cups of coffee to ardent drinkers, thereby meeting the demand for the bean and accelerating further growth of coffee consumption in the region.

    On Flava Coffee’s inaugural participation at Salon du Chocolat, Mr. Safdar Badami, Founder and CEO of Flava Coffee, says, “Flava Coffee is dedicated to serving the growing number of coffee lovers in the region with its variety of products. The event is particularly organised to cater to the sweet-tooth, and the inclusion of coffee at the event showcases it as the ideal complement for balanced flavours in delicacies.”

    Its presence at the upcoming exhibition will reinforce Flava Coffee as a leader in the coffee market. Whether it is the development of coffee products or their sustained supply to B2B partners, Flava Coffee has emerged as a reputed coffee roaster driving the region’s coffee industry. Its roast coffee is acknowledged as some of the best in the market, with beans surpassing the 83-point rating on SCA’s scale of 100.(END)