This will be done through a series of national and international partnerships and aiming for ‘vital synergies’ through transfer of technology and transfer of knowledge. On the manufacturing front, Fada FADA will try…
Tag: Group
AD Ports Group refinances $2.25 billion syndicated loan facility
The company has been on an expansive investment and acquisition strategy through the last two years, whether that’s building or managing ports in overseas markets or corporate dates that gave it new…
Metropolitan Group launches major recruitment drive
As part of its commitment to attracting top talent, Metropolitan Group will host two half-day recruitment events on September 20 and 21, from 11am to 3pm, at its new office in Al…
OMNIYAT GROUP launches pioneering development company BEYOND focused on the wider luxury real estate market
Investment house OMNIYAT GROUP has announced the launch of BEYOND, a pioneering development company focused on the wider luxury real estate market. As part of this bold initiative, OMNIYAT GROUP has unveiled…
Carrefour inks franchise partnership with Dubai's Apparel Group to expand into India
Patrick Lasfargues, Executive Director of International Partnerships at Carrefour, said, “The arrival of Carrefour in India marks an important step in our strategy of expanding our franchise in more than ten new…
Apple cuts jobs in online services group as priorities shift
Apple Inc. took the rare step of cutting about 100 jobs in its digital services group, part of a shift in priorities for the critical division, according to people with knowledge of…
Majid Al Futtaim Group revenues total Dh16.7 billion in tough H1-2024
Dubai: The Dubai headquartered retail and entertainment giant Majid Al Futtaim Group recorded revenue and profit drop in the first six months of 2024 brought on by ‘macroeconomic headwinds from geopolitical instability…
Sobha Realty names Ravi Menon as chairman of Sobha Group, PNC Menon to continue as Founder
Dubai: Sobha Realty announced on Monday that Ravi Menon has been appointed as the new Chairman of Sobha Group, effective November 18. He will succeed PNC Menon, the Founder and current Chairman,…
Tecom Group buys Dh1.7 billion in commercial, industrial assets in Dubai
Dubai: The Tecom Group has bought new commercial and industrial real estate assets in Dubai as part of a Dh1.7 billion ‘strategic plan’ announced in May last. This was done in conjunction with a…
Mubadala invests in Yondr Group to develop hyperscale data centres
Mubadala’s investment will support Yondr’s ambitious growth strategy, which has been developed in line with the rapid demand growth for hyperscale data centres. Global cumulative data centre demand is expected to grow…