National Bank of Umm Al-Qaiwain (NBQ) opened a new office in Umm Al Quwain Free Trade Zone (UAQ FTZ). The new bank office at the Free Zone will aim towards easing the banking operations for SMEs, entrepreneurs, and large enterprises in the UAQ. UAQ FTZ previously signed an MOU with NBQ to enhance banking credibility and convenient banking operations. This will open doors for companies in UAQ FTZ and stewarded areas as they benefit from NBQ’s presence. The main point of consideration is that corporate bank accounts will be offered to any entities if they are registered with UAQ Free…
Author: Jochebed Menon
Netix Controls, a subsidiary of the SB Group and a smart buildings solutions provider, announced the approval of its open-source, state-of-the-art controllers by global retail giant Amazon. The approval has implications for Netix’s outreach as well as Amazon’s worldwide centres, which stand to maximise their efficiencies and optimize their building and asset management. This approval from Amazon, executed through real estate services company CBRE, will see Netix Controls work on the BMS of 59 fulfilment centres across Europe, starting with France and Germany. Netix will shoulder the BMS responsibilities in Amazon’s centres, ensuring seamless integration and connectivity with IoT platforms…
Lift company Kleeman’s operating concept Spective extends in the mobile impact crushers Mobirex MR 110/130(i) EVO2 by Spective Connect. All relevant process information and reporting are now displayed on a smartphone without the operator having to leave the excavator or wheel loader. The impact crushers Mobirex MR EVO2 are the benchmarks of their class in output and efficiency. The plants impress with flexible application options in natural stone and recycling. Thanks to the operating concept Spective, control of the new plants has been even easier and very intuitive already since 2017. Diesel and urea fill level, fuel consumption, plant performance,…
In collaboration with the Abu Dhabi Department of Municipalities, Abu Dhabi Maritime, operating under AD Ports Group, has announced the ground-breaking of several new marina and ferry station developments across the UAE’s capital. Scheduled for completion by the fourth quarter of 2022, the newly announced developments projects include a mix of marina facilities and ferry terminals that will be developed at Rabdan, Al Saadiyat Island, and Al Aliah Island. Furthermore, an additional marina and ferry station project will be developed at Jebel Dhanna, with completion anticipated in the third quarter of 2023. The modern and artistically designed facilities will offer…
The UAE eCommerce sector continued to show growth in 2021 based on the recent report launched by EZDubai, in partnership with Euromonitor International. Total e-commerce in the UAE, reached just over USD5 billion in 2021 and is anticipated to surpass USD8 billion by 2025. According to the report’s findings, more consumers in the UAE made online purchases across all categories during 2021 compared to 2020, with an average 75% of respondents typically purchasing online. The fastest-growing sectors by industry from 2021 – 2025 will be homewares & home furnishings, food & beverage, and media products. Countries in the Middle East…
Industrial-grade bakery Wonder Bakery has inaugurated a state-of-the-art Dhs50 million manufacturing and distributing facility at Dubai Industrial City, one of the largest industrial hubs in the region. The new facility will produce up to 50,000 tonnes of fresh and frozen bakery products and hot and cold kitchen products annually to be distributed to F&B businesses across the UAE and wider region – further boosting Dubai Industrial City’s F&B manufacturing sector. The factory’s official opening on 9 March was presided over by partners Kaleemullah Khan, Ubaid Memoni and Ahmed Memoni. Saud Abu Alshawareb, Managing Director of Dubai Industrial City, was also…
Amazon announced a hiring programme to create opportunities for women in the last mile, in partnership with its delivery service partners in Saudi Arabia. The company first launched the programme in 2021 in Riyadh, Jeddah, Abha, and Dammam, creating significant interest among women to work in the logistics industry. This year the programme will scale with opportunities for female delivery associates in Jizan, Al Qassim, Makkah, Madinah, and Al Hofuf. Through this initiative, Amazon has reinforced its commitment to enabling Saudi women to build successful careers in eCommerce logistics and delivery industries, expanding its global efforts to Saudi Arabia. Working…
CommerceUp, a start-up service provider of cloud-based eCommerce platform, has entered the MENA region. It will offer a next-generation end-to-end unified technology solution to its steadily growing online business sector. The company’s presence in the region signals the start of its heightened efforts to redefine e-Commerce 2.0 by offering state-of-the-art software, services, and infrastructure. Its solutions designed to allow businesses to scale online, thus rapidly and efficiently enabling them to bring their 100% attention to their core products, brand, and customers. CommerceUp’s entry to the market comes at a time when the growth outlook on the region’s e-commerce industry remains…
Logistics solutions platform Lyve has been confirmed as Technology Partner for the Logistics Forum 2022 which is taking place March 29th at Sofitel Dubai The Obelisk. Lyve offers a diverse portfolio of logistics, eCommerce, and business solutions. From big data to multi-vertical service agents, and instant activation to scalable capacity, Lyve goes beyond what’s typically considered delivery. The company was founded with a vision to reimagine logistics as an enabler of digital transformation and business innovation. Karim Bakhache, VP Head of Strategy, Lyve Global, will be speaking at the forum. Karim has over 15 years of experience in strategy, supply…
Investors from Spain, Austria, Serbia and Montenegro, the US, Canada, Ecuador, and Mexico will take part in the International Property Show (IPS) 2022. To be held from March 24 – 26, 2022 at Dubai International Exhibitions and Conventions Centre, IPS 2022 serves as a platform that connects local and international real estate developers with real estate investors from all over the world. “Global city status, excellent infrastructure, world-class facilities, and easy visa options are just a few among several factors that attract global investors to Dubai property market,” says Dawood Al Shezawi, President of Strategic Exhibition and Conference and Head…