Author: Mahdeehassan

OMNIYAT, Dubai’s ultra-luxury real estate leader, has announced a new chapter in its remarkable journey with the unveiling of a new corporate structure led by the newly-formed OMNIYAT GROUP. Founded as an umbrella to drive success across its branded companies, OMNIYAT GROUP has announced an AED 100B total group portfolio target over the next five years and committed AED 50B in portfolio value for new ventures across diversified real estate sectors. OMNIYAT was founded in 2005 by Executive Chairman Mahdi Amjad, a visionary pioneer in the Dubai real estate sector. Established with the ambition to revolutionize the Dubai property market…

Alpari has recently launched a new range of exciting asset classes, expanding their service to traders – 10 soft commodity CFDs. The award-winning broker has created a quiz that demonstrates the possibilities open to you when you diversify your trades. Why not branch out and try another way of trading, or add an unusual asset to your portfolio? There are plenty of opportunities to profit by catching the wave at the right time. But as you can see from Alpari’s quiz, there are far more CFDs than just traditional commodities. We all know how exciting CFD trading can be, whether…

Dubai, UAE – Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, is delighted to unveil an exclusive Eid promotion tailored specifically for UAE nationals at the prestigious Al Habtoor Tower, the epitome of luxury living in Dubai, to cater to the increasing demand among UAE nationals. The promotion, effective immediately, is designed to support Emirati families and individuals aspiring to own a home in one of Dubai’s most iconic residences with special discounts and advantageous payment terms. This offer is valid for one month, ending mid-July 2024. The special offer includes an exclusive 10 per cent discount on…

SAUDI MANPOWER SOLUTIONS COMPANY (“SMASCO” or the “Company” or the “Group”) the leading manpower solutions company in the Kingdom of Saudi Arabia (the “Kingdom”), announced today the listing of its shares on the Main Market of the Saudi Exchange following ethe successful completion of its initial public offering (the “IPO” or “Offering”). The Company is now trading under the ticker symbol: 1834. The Offering comprised a secondary offering of 120,000,000 ordinary shares (the “Offer Shares”) representing 30% of the Company’s total issued share capital. 90% of the Offer Shares were allocated to certain institutional investors (the “Participating Parties”). The institutional…

The Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, today published its Green Finance Framework to support decarbonisation projects and initiatives that contribute to the transition to a low-carbon economy. The company also revealed that its recent acquisition of European speciality foundry Leichtmetall was fully funded with EGA’s first green loan facility. A green finance framework defines eligibility and governance mechanisms for financing from third-party institutions and funds that prioritise sustainability in their capital allocation, among other sources. Publishing the framework advances EGA’s sustainability goals by enabling access to a more…

The Chairman of the Board of Directors of Drake & Skull International LLC, Engineer Shafiq Abdul Hamid, announced the completion of the company’s compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the Company’s creditors, in accordance with the restructuring plan, for the benefit of the financial and commercial creditors with the debts equivalent or exceeding AED 1 million. Engineer Shafiq emphasized the company’s completion of all other requirements stipulated in the restructuring plan agreed upon with creditors and approved by the competent courts, which include the company’s success in increasing its new capital by more than…

OneWorldChain launches OWCT token, enhancing blockchain with high-speed, low-cost transactions; Mainnet live, tokens available July 2024. Orlando, USA — In an exhilarating development that sets the stage for a new era in digital transactions, OneWorldChain is thrilled to announce the launch of its pioneering utility token, the OneWorldChain Token (OWCT). As the cornerstone of OneWorldChain’s advanced EVM-Compatible Layer One blockchain, the OWCT token is designed to empower a decentralized platform with unmatched efficiency and unparalleled accessibility, all powered by its innovative Delegated Proof of Stake (DPoS) consensus mechanism. An Invitation to Experience Revolutionary Blockchain Technology The journey towards blockchain excellence begins with the OneWorldChain…

In a move set to redefine the real estate landscape of the UAE, Vision Developments, an innovative Emirati enterprise, has unveiled its ambitious plans for local expansion and growth. Backed by a commitment to quality, community, and innovation, Vision Developments has established itself in the market since 2021 with 3 projects completed and sold out. Coming in with 15 years of experience in construction and real estate developments by Vision Constructions, the foundation of Vision Developments is based on setting new standards in the industry through innovation, smart technology and client focus. Vision is announcing numerous upcoming projects in the…

Mlle Paola, the renowned perfume brand founded by socialite and entrepreneur Paola El Sitt, proudly introduces its latest collection, “The Wonders of Courage.” This highly anticipated collection features four unique Extraits de Parfum: MP 33, MP 39, MP 66, and MP 99, each crafted to embody strength, resilience, and the power to overcome life’s challenges. Since its inception in 2016, Mlle Paola has been a symbol of courage, strength, and self-expression in the fashion and beauty industry. Building on the success of her first fragrance, “MP by Paola,” launched in 2019, Paola El Sitt has collaborated once again with SYMRISE,…

TMF Group, a leading provider of compliance and administrative services, has today launched the 11th edition of the Global Business Complexity Index (GBCI). Based on 292 key business indicators across 79 jurisdictions, this report provides an overview of the challenges investors face when operating businesses around the world. Within the Middle East, Turkey tops the rankings as the most complex country in the region in which to do business, coming in at 6th in the global standings. The country’s frequent tax law changes, elaborate document submission processes and new capital requirements for specific sectors contribute to its complexity level. Government VAT exemptions…