Latest news with #UAE
Al Bawaba
18 minutes ago
- Business
- Al Bawaba
du and Transguard Group join forces to drive digital transformation
du, the leading telecom and digital services provider, today signed a Memorandum of Understanding (MoU) with Transguard Group, the region's leading business support and outsourcing provider. The partners aim to collaborate across various domains, fostering innovation, efficiency, and digital transformation aligned with du's over eight years, Transguard Group has been entrusted with providing top-tier Facilities Management services across various du locations, including its headquarters in Dubai Hills. This new agreement expands upon their existing relationship, setting a foundation for future ventures in developing cutting-edge services and solutions that will revolutionize the Al Hassawi, Chief Executive Officer at du said: "We are thrilled to announce a partnership with Transguard Group, a collaboration that marks a milestone in our journey towards achieving excellence in the digital arena. This partnership aims to enhance our services in line with our commitment to embrace digital transformation, shaping the future of telecom solutions in the region."The partnership will explore innovative collaboration models, clearly defining roles and responsibilities with an eye towards crafting digital solutions that enhance operational efficiencies and drive transformative change. 'We are proud to be entering this collaboration with du, which will fortify our already robust digital transformation initiatives,' stated Rabie Atieh, Chief Executive Officer, Transguard Group. 'As longtime partners who have enabled one another's success on multiple occasions, this cooperative effort will have a positive impact on not only our operations but also on the welfare of our site-based colleagues.' The partnership aims to leverage the strengths of both organizations, combining du's expertise in telecom and digital services with Transguard's expertise in business support and outsourcing. It is a leap towards building a digital ecosystem that not only meets the evolving needs of customers but also sets new benchmarks in the industry.
The National
30 minutes ago
- General
- The National
Eid Al Adha 2025 holiday announced for private sector
Private-sector workers in the UAE will enjoy a long weekend in celebration of Eid Al Adha next week. Employees will be granted leave from Thursday to Sunday, June 5 to 8, with work resuming on Monday, June 9. The public holiday, announced by the Ministry of Human Resources and Emiratisation, corresponds with the break given to public sector employees. Public and private sector staff in the Emirates are typically allocated the same number of public holidays each year. The UAE on Tuesday confirmed that Eid Al Adha would begin on Friday, June 6, after the crescent moon heralding the start of a new Islamic month was observed. What is Eid Al Adha? Eid Al Adha – which means 'festival of the sacrifice' – is the latter of the two Eid holidays celebrated across the Arab world, coming after Eid Al Fitr. Eid Al Adha commemorates how the Prophet Ibrahim was asked by God in a dream to sacrifice his son, Ismail, as a test of his faith. As with other religious holidays in the Emirates, it is a time for friends and family to gather, often over meals, and reflect on their lives and faith. It is customary for families who have the means to slaughter a goat or sheep and share the meat with relatives and the less privileged.
Zawya
38 minutes ago
- Business
- Zawya
Gridora in deal to fast-track delivery of $9.5bln infrastructure projects
UAE - Gridora, the new infrastructure platform established by ADQ, IHC and Modon Holding, has signed its first MoU with Abu Dhabi Projects and Infrastructure Centre (ADPIC) for the delivery of high-impact transport infrastructure projects. The agreement marks a key milestone in Gridora's mission to champion the delivery of strategic infrastructure projects. Through this agreement, Gridora and ADPIC will establish a framework for potential collaboration in relation to supporting the development, planning and implementation of strategic infrastructure projects within the Emirate of Abu Dhabi. The initial focus of the MoU will be to establish a working committee to explore potential opportunities and identify pilot projects, activities and initiatives Gridora could undertake. These would be considered from several projects ADPIC aims to deliver within the emirate, with the centre having been mandated to implement projects with an estimated value of at least AED35 billion ($9.5 billion). Chairman Jassem Mohamed Bu Ataba Al Zaabi said: "Gridora's expertise and resources will deliver world-class infrastructure, empowering the nation's ambitious economic and population growth goals. Our MoU with ADPIC reflects our shared commitment to accelerate the implementation of critical transport infrastructure, combining innovation, scale and vision." "The delivery of these high-impact infrastructure projects will be transformative to Abu Dhabi, and we look forward to working closely as a trusted infrastructure partner to ADPIC," he stated. Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport, said: "This strategic partnership between ADPIC and Gridora underscores a shared focus on creating transport infrastructure that enhances Abu Dhabi's continued growth as a global city. By leveraging Gridora's capabilities, this collaboration aims to accelerate project delivery, improve cost efficiency, and deliver long-term value for Abu Dhabi and its communities." ADPIC Director General Eng. Maysarah Mahmoud Eid said: "We see infrastructure as a powerful enabler of opportunity, economic growth, and long-term sustainability. This MoU with Gridora advances our shared commitment to accelerate the delivery of high-impact projects that enhance connectivity and quality of life across the emirate." "By combining our strategic vision with Gridora's delivery capabilities we are shaping a future-ready emirate that aligns with Abu Dhabi's strategic vision and long-term goals," he noted. Modon Holding Group CEO Bill O'Regan said: "With this MoU, we can unlock Gridora's capability to deliver critical infrastructure, ensuring the long-term growth of the recently announced infrastructure platform. We look forward to seeing Gridora move forward with purpose, enabling world-class cities with cutting edge infrastructure." Operating under Modon Holding and established in partnership with ADQ and IHC, Gridora serves as a strategic platform for collaboration with specialist partners and capital providers, enabling the delivery of large-scale, high-impact infrastructure projects. Al Zaabi said Gridora has adopted a dual-focus business model spanning 'Infrastructure Projects' and 'Infrastructure Investments', enabling it to lead across the full infrastructure lifecycle. This MoU with ADPIC marks the first in a series of planned engagements to advance high-impact public-priority infrastructure, enhance and foster long-term collaboration between the public and private sectors and is a testament to the significant scale of Gridora's business, he added.
Zawya
38 minutes ago
- Business
- Zawya
Prospect, Mulk unveil 71-unit boutique office, retail project in Dubai
UAE - Prospect, a leading real estate developer, has joined hands with Mulk Properties, for the official launch of its boutique office and retail development - The LX - within Arjan community in Dubai featuring 71 office units and two curated retail spaces. The new project comes in line with its strategic move to address Dubai's growing demand for premium commercial spaces. One Broker Group (OBG) will be the exclusive sales partner for the project which was unveiled at a high-profile launch event at the Waldorf Astoria, Palm Jumeirah. A landmark project being set up at an investment of AED350 million ($95.2 million), the LX features 71 premium boutique office units and 2 curated retail spaces, offering modern businesses and discerning investors a rare opportunity to own commercial assets in a location experiencing unprecedented growth. Set for handover in Q3 2027, The LX X is positioned to fill a significant gap in Dubai's evolving commercial real estate sector. Mulk Properties, known globally for projects like Zim Cyber City and the Ajman Sports Complex, brings international development expertise and long-term vision to the partnership. "The LX marks our strategic entry into Dubai's commercial property segment, and we've done so with intention and insight," said its Chairman Nawab Shaji Ul Mulk. "Our focus has always been on high-impact, future-proof developments. With Arjan's explosive growth and limited premium office supply, The LX provides the kind of asset that can define the district. Together with Prospect and OBG, we're setting a new benchmark for what boutique commercial development in Dubai should look like," he stated. The launch comes at a time when Dubai's commercial market is seeing a paradigm shift - away from generic office towers toward purpose-built, design-led spaces that prioritize community integration, functionality, and long-term investment value. Arjan, as a well-connected and increasingly sought-after destination, ticks all these boxes, making it the ideal location for Prospect's newest venture. "The LX isn't just another commercial development - it's a targeted solution to an urgent market demand," said Rajat Verma, Co-founder of Prospect. "Our goal has always been to develop where demand is real and rising. As Dubai grows, so does the need for smart, well-located business infrastructure. Arjan is on the cusp of a commercial renaissance, and The LX will be at the forefront of that transformation. This project exemplifies Prospect's vision of delivering high-return assets in high-potential areas," he stated. With One Broker Group leading the exclusive sales mandate, The LX is already drawing strong interest from investors, SMEs, and entrepreneurs looking to establish themselves in a growth-focused location with excellent ROI potential. "What sets The LX apart is not just its design or pricing - it's how perfectly it aligns with the market's future," said Umar Bin Farooq, Founder & CEO of One Broker Group. "We're witnessing a major shift in how commercial real estate is being utilized in Dubai. Businesses want flexibility, quality, and connectivity. Arjan offers all three, and The LX delivers on them at a premium standard. We're proud to represent a development that understands what the market truly needs," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
38 minutes ago
- Business
- Zawya
New UAE initiative to boost local products' competitiveness
The UAE's Ministry of Industry and Advanced Technology (MoIAT) and Sinaha — an e-commerce platform dedicated to supporting Emirati-made goods — have signed a partnership aimed at enhancing the competitiveness of national products. Through the partnership, Sinaha will design a national digital platform that showcases products bearing the 'Made in the Emirates' mark, a unified national identity that recognises goods manufactured in the UAE. The agreement was signed by Osama Amir Fadhel, Assistant Undersecretary for the Industrial Accelerators Sector at MoIAT, and Mansour Mohammed bin Kardous Al Ameri, Deputy CEO of the Sinaha platform, with the ceremony taking place on the sidelines of the fourth edition of Make it in the Emirates Forum, held at the Abu Dhabi National Exhibition Centre. As part of the agreement, the community-focused Walaa' (loyalty) Platform will be launched under the supervision of MoIAT. The platform will engage influencers, media professionals, and community organisations to support the culture of local consumption and promote national products. It will also celebrate the contributions of key supporters of the Make it in the Emirates initiative. Awareness campaigns will further enhance public and investor confidence in national products. This partnership aims to align efforts between MoIAT and Sinaha to deliver innovative initiatives that support national priorities and enhance public-private sector integration. Key focus areas will include developing digital solutions for industrial employment, supporting small and medium-sized enterprises, and advancing the Make it in the Emirates initiative. Fadhel emphasised that MoIAT remains committed to supporting strategic initiatives that bring together public and private sectors in line with the objectives of the National Strategy for Industry and Advanced Technology. These efforts strengthen the growth and competitiveness of the UAE's industrial sector, while raising awareness of the quality and value of Emirati products under the umbrella of Make it in the Emirates. He added: 'At the ministry, we are committed to supporting efforts that elevate 'Made in the Emirates' products. This not only enhances investment opportunities but also fosters a stronger culture of local consumption by highlighting the quality of Emirati-made goods in collaboration with our partners at Sinaha. Marketing plays a vital role beyond production, and initiatives such as the Walaa' platform will be instrumental in showcasing the excellence of our national products in both local and international markets.' Al Ameri, who also serves as Chairman of the Board of Directors of Sinaha platform, said: "We operate in line with the directives of our wise leadership to strengthen the capabilities of the national industrial sector. This strategic partnership with MoIAT marks a significant step toward establishing an effective, integrated model of collaboration between the public and private sectors to support Emirati products across all levels.' He also added: "Industrial development cannot be achieved without recognising the vital role of marketing — it is as important as production itself. Strong demand drives higher production volumes, expands the consumer base, and contributes directly to employment and economic growth. Smart, consistent marketing of Emirati products is key to unlocking new markets. It fuels the manufacturing ecosystem, attracts investment, and accelerates the journey toward sustainable industrial development." Al Ameri also highlighted how the partnership will enable Sinaha to expand its support for national products by increasing integrated digital and media efforts. It will also contribute to developing policies and investment opportunities that advance innovation and support long-term competitiveness. This partnership between MoIAT and Sinaha represents a significant step in digital industrial empowerment by laying the foundation for a comprehensive, integrated system that enhances the added value of national products. It will also support long-term cooperation, industrial localization and provide quality employment opportunities in future industries. The platform will also leverage advanced digital tools and artificial intelligence to analyze consumer behavior. These local market insights will support efforts to raise awareness of Emirati products and services across the industrial and technology sectors, serving as a unified gateway for the national industrial ecosystem — connecting manufacturers with consumers, investors with factories, and talent with employment opportunities, said the statement. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
