Author: Mahdeehassan

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the launch of the third season of EGA Ramp-Up, the company’s flagship programme to empower the next generation of UAE entrepreneurs in line with the Entrepreneurial Nation strategy 2031. EGA Ramp-Up, supported by the UAE Ministry of Economy, offers expert insights, mentorship, intensive training and networking opportunities to entrepreneurs developing impact-driven and sustainability-focused businesses that will grow the economy and create new job opportunities. The first two seasons of EGA Ramp-Up attracted hundreds of aspiring entrepreneurs that have collectively created over 1,000…

InfiniLink, an innovative semiconductor startup specialising in advanced optical data connectivity chips for AI-driven data centres, today announced the successful closure of a $10 million funding round. This seed-stage investment was joined by MediaTek, a leading fabless semiconductor company, and Sukna Ventures, based in Riyadh, Saudi Arabia, with participation from the Egyptian VC firm Egypt Ventures and angel investor M Empire Angels. Since its founding in 2022, InfiniLink developed groundbreaking Silicon Photonics integrated optical transceiver chiplets (iOTC) technology. The funding will enable the company to advance its mission of transforming data center connectivity leveraging its deep expertise in Analog Mixed-Signal and Photonics. As…

As Bitcoin’s value continues its upward trajectory, Mining Grid, a leading provider of blockchain and Bitcoin solution is set to launch ‘Cores Racing’, an innovative system designed to make Bitcoin mining more competitive, fair, and rewarding in April. Cores Racing builds on the success of Mining Race, Mining Grid’s pioneering platform, which has attracted over 50,000 App users from 140 countries.The recent opening of the company’s Dubai showroom marks another major milestone in its mission to reshape the Bitcoin mining landscape. At the heart of this initiative is a community-driven competition model that transforms traditional mining into a more engaging…

Tokyo, April, 2025 – Terra Drone Corporation, recently ranked the No.1 Drone Service Provider in the world for 2024, has officially signed a Memorandum of Understanding (MOU) with Aramco, Saudi Arabia’s leading energy and chemical company. This partnership underscores a joint commitment to exploring cutting-edge drone, robotics, and AI-driven technologies customized for the oil and gas industry, while accelerating localization initiatives in the Kingdom. The MOU aims to foster deeper collaboration between Terra Drone and Aramco to develop drone technologies that enhance safety and operational efficiency across the energy sector. The agreement will serve as a collaborative platform for research…

After 20 years of creativity around the BR-03 collection, Bell & Ross adds a level of sophistication to its icon with the BR-03 Skeleton. This launch is accompanied by the “20 YEARS BOLD” campaign, which chronicles the history of this iconic square watch. A concept watch with a powerful design and subtle details, the new BR-03 Skeleton is available in three complementary versions, showcasing Bell & Ross’ expertise in skeletonization and luminescence. Whether in Black Ceramic, Lum Ceramic, or Grey Steel, the BR-03 Skeleton houses a newly developed movement specifically designed by Bell & Ross and produced for Bell &…

The US administration’s April 2 tariff measures, which include a 10% baseline tariff on imports with higher rates applied to specific countries, have contributed to a weakening of the US Dollar against several major currencies. This shift presents both challenges and opportunities for individuals and businesses across the UAE. The depreciation of the US Dollar against currencies like the Euro, Japanese Yen, and Chinese Yuan may pose challenges for UAE residents sending remittances to countries with strengthening currencies. Conversely, the Indian Rupee (INR) has declined against the US Dollar following the recent tariff announcements. In early morning trade on April…

Dubai, UAE – Dubai Chambers recently organised a series of four legal workshops aimed at supporting companies in ensuring their compliance with laws and regulations governing the business environment. The four virtual workshops attracted the participation of 255 representatives from the private sector and covered several topics including bounced cheques, corporate tax, and debt recovery, as well as the legal, tax and operational aspects of business establishment and expansion in Dubai. The first workshop was organised in collaboration with Clout Consultancy and addressed legislation and best practices surrounding bounced cheques. The session covered the legal implications of cheque returns, strategies for…

Dubai, UAE, 3rd April, 2025: Dubai’s real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1, the second highest quarterly figure on record. This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8% year-on-year increase. A market update issued today by fäm Properties revealed that the Q1 results were only fractionally down on the all-time quarterly sales record of AED 147.2 billion from 50,218 transactions in Q4 2024. The first quarter of 2025 saw significant year-on-year increases in all real estate sectors, led by…

TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segments – today announced that it has registered its highest ever vehicle sales in FY 2024-25. Vehicle sales increased from 4.19 million units in financial year 2023-24 to 4.74 million units in 2024-25 – a growth of 13%. Exports from India registered a growth of 18% increasing from 1.13 million units to 1.195 million during the year. March 2025 performance: In the month of March, the Company registered a growth of 17% with total vehicles sales increasing from 354,592 units in March 2024 to…

Monaco, April, 2025 — Global biotech company Dexlevo successfully wrapped up a three-day Aesthetic & Anti-Aging Medicine World Congress (AMWC) 2025 in Monaco, drawing significant international attention with its showcase of GOURI, the world’s first liquid polycaprolactone (PCL) injectable. During the AMWC, Dexlevo held three symposiums from March 27 to 29, which brought together renowned medical professionals from around the world to explore the clinical innovations and efficacy of GOURI, a next-generation collagen biostimulator that is redefining the aesthetic medicine landscape. The first symposium opened with a keynote presentation by Dr. Akaluck Thammasunthorn from Thailand, titled “The Possibilities of Liquid…