Like many traditionally male-dominated sectors, women have long been perceived as unsuited to managing finances and investing. Tides, however, are turning. In recent years, courtesy of advancements in financial technology and improved accessibility to investment tools and resources, more women than ever are trading and investing. Saxo Bank, the leading fintech specialist focused on multi-asset trading and investment, has recorded an increase of 18 percent in the share of females among its new trading clients in the UAE since 2017. The growth of female investors in the region is irrefutable. “On the occasion of the seventh Emirati Women’s Day, we…
Author: Kasun Illankoon
Arada has partnered with Sharjah Entrepreneurship Center (Sheraa) to host a series of talks featuring an impressive all-female list of entrepreneurial speakers to mark Emirati Women’s Day this year. Held under the theme ‘Inspiring Reality…Sustainable Future’, this exclusive invitation-only event will take place on Monday, 29 August at YourSpace, Madar at Aljada from 6pm onwards. Founded by HH Sheikha Fatima bint Mubarak, Mother of the Nation, in 2015, Emirati Women’s Day is an annual event to highlight the UAE’s journey in women empowerment, celebrate and promote their achievements, and continue to develop their capacities. The Emirati Women’s Day…
Leading real estate development company, Bloom Holding, has announced the appointment of Edrafor Emirates LLC as the first contractor for enabling works of its fully integrated residential community, Bloom Living. The contractor will commence enabling works in September ahead of the launch of the community’s second phase, marking a major milestone in the development of Bloom Living. The signing comes in just 5 months after the successful launch of Cordoba, the first phase of the AED9 billion ($2.5 billion) community, sold out within a remarkable 4 hours of its release onto the market earlier this year in March 2022. Cordoba…
FAM Holding, a conglomerate based in the UAE that provides business solutions for a range of industries, leveraged ‘Trimble Connect,’ an advanced Common Data Environment (CDE) solution from Trimble (NASDAQ: TRMB), a leader in construction technology, to ensure timely and more efficient completion of projects. Trimble’s technology expedited communication and collaboration, reduced the work of manually transferring data between tools, implemented Building Information Modeling (BIM) workflows to improve collaboration between office to the field, and increased operational efficiency for FAM Holding. The collaboration between the two entities commenced following the alignment of FAM Holding’s digital transformation strategies and objectives, in…
Prince Mohammed Bin Salman Nonprofit City has signed an agreement with muvi Cinemas, Saudi Arabia’s homegrown cinema brand and the country’s largest theatre operator, to open a new cinema experience in the recently announced central zone of the City, Al Mishraq. muvi Cinemas in Al Mishraq will offer eight screens, including a 500-seat Dolby cinema, a 100-seat muvi SUITES VIP cinema experience, and a 300-seat muvi boutique-themed cinema. There will be expansive lobby areas which can host corporate functions and gala events. A fresh and healthy eating café will cater to both cinema guests and the general public. The agreement…
Regional leader in design-build construction, Group AMANA has marked a major milestone as it has delivered its first-ever vertical farm in the region, which will boost long-term food security and self-sufficiency in the UAE. The high-tech hydroponic facility in Dubai South was constructed by AMANA Contracting in collaboration with Crop One Holdings and Emirates Flight Catering (EKFC). The $40m Bustanica hydroponic farm, spans 330,000 sq ft and is located in Dubai World Central, will produce more than a million kilos of high-quality leafy greens with 95% less water than conventional farming and will boost the UAE’s food security. The produce will…
Azizi Developments, a leading private developer in the UAE, is celebrating the inauguration of buildings 2, 4, 7, 11, 12, 13 and 14, comprising 1,164 units, in the first phase of its flagship waterfront community project Riviera in MBR City, with the ribbon cutting ceremonies welcoming the developers’ stakeholders to the now-completed buildings. Commenting on this final milestone for these 7 buildings, Mr Mirwais Azizi, Founder and Chairman of Azizi Developments, said: “These handovers hold a monumental significance for all of us at Azizi Developments, as well as for all of the parties involved in these world-class projects. Riviera is…
Global real estate advisor CBRE has announced the appointment of Pedro Ribeiro as General Manager of CBRE Saudi Arabia as part of its continued strategic development in the Middle East. Based in Riyadh, he will be responsible for the company’s Saudi Arabia operations, with a specific focus on leading the development of all service lines and supporting CBRE’s rapid market growth in the Kingdom. Pedro joins from Knight Frank where he was Partner in Saudi Arabia. Pedro brings over 27 years of experience in senior leadership positions in Retail, Real Estate and Asset & Property Management firms across the Middle…
Azizi Developments, a leading private developer in the UAE, has celebrated the handover of its Creek Views I project, located in the highly sought-after Dubai Healthcare City. The ribbon cutting ceremony, attended by the developer’s Founder and Chairman, Mr Mirwais Azizi, its CEO, Mr Farhad Azizi, its senior management team and other stakeholders involved in the project, including its investors, banks, authorities, channel partners and more, was hosted on the 22nd of August 2022. With its 396 studios, 218 one-bedroom and 20 two-bedroom homes, Creek Views I comprises a total of 634 units, as well as 33,341 square feet of…
Anchorage Investments, which develops, implements, and operates industrial projects in the chemicals and blue hydrogen sectors, has shortlisted four international contractors in the second phase of the EPC (engineering, procurement, and construction) tender for the Anchor Benitoite project. The USD 2 billion project comprises a chemicals complex that will be built in the industrial zone of the General Authority for the Suez Canal Economic Zone (SCZONE) in Egypt. The four shortlisted companies are HYUNDAI Engineering & Construction Co., Ltd. (HDEC), SAMSUNG Engineering Co., Ltd. of South Korea, TECHNIP ENERGIES, S.p.A. of Italy, and TECNICAS REUNIDAS, S.A. of Spain. Each company…