Federal Bank has entered into a strategic tie-up with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership will support Mashreq’s faster payment product, QuickRemit, which was launched in 2017. Mashreq is one of the oldest banks in the UAE, and has
Gulf Craft, one of the world’s premier shipbuilders, successfully launched Majesty 175, the world’s largest composite production superyacht, which is scheduled to be delivered to her owner over the summer of 2021. Pushing the boundaries of design and engineering, Majesty 175 was fully manufactured at Gulf Craft’s integrated in-house production facility in Umm Al Quwain
CE-Ventures, the corporate venture capital platform of UAE-based Crescent Enterprises, has announced that it is doubling its venture capital investments in start-ups to reach AED 1 billion (USD 272 million) by2022. Since its inception in 2017, CE-Ventures has already invested over AED 500 million (USD 136 million) in 32 start-ups and VC funds across the
Hamza and his partner Omar Almheiri launched Letswork in 2019. They met at the e25, Emaar’s in-house innovation lab, and came up with the concept of developing a workspace marketplace. The global market value of flexible workspaces is estimated at approximately US $26 billion. Despite the negative impact the COVID-19 pandemic has had on the
COVID-19 brought much of the global economy to a halt which has had a drastic impact on every aspect of business. There have been major shifts in global and local economies and business entities. Traditional models and analytic techniques of Due Diligence too are undergoing a fundamental transformation especially when hard-copy documents are inaccessible, in-person
talabat, the region’s leading food and q-commerce platform, has announced its #IftarforIndia initiative, where for every food order purchased, the organisation will donate the value of a meal to the United Nations World Food Programme to be distributed to communities affected by COVID-19 in India. #IftarforIndia will take place between 5pm – 8pm on Sunday
To ensure swift and efficient food parcels distribution to beneficiaries in 30 countries, the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has partnered with the United Nations World Food Programme (WFP), the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment (MBRCH), the Food Banking Regional Network (FBRN), and local charitable organisations in targeted
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