du, from Emirates Integrated Telecommunications Company (EITC), and Bedu, the UAE’s pioneer in Metaverse and Web3 technologies, today announced a partnership to enhance digital experiences through Project 2117 – a unique metaverse environment designed to simulate the space travel experience with a goal to eventually accommodate 100 million users. A Memorandum of Understanding (MoU) formalising the cooperation was signed by Fahad Al Hassawi, CEO of du, and Amin Al Zarouni, CEO of Bedu.
The Thinning Hair Authority™ and renowned American brand, BosleyMD, announces their expansion into the Middle East. With forty-five years of experience, testimonies and trials behind them, BosleyMD continues to move forward as the world’s most recognized and trusted name in hair restoration and brings its range of clinically-proven products to the region through cozmada.com.
Bahri, a global leader in logistics and transportation, has signed a Memorandum of Understanding (MoU) with Ajlan & Bros Holding Group (ABHG), conglomerate operating in the region. The MoU will pave the way for the formation of a new joint venture company which will specialize in owning, operating, and managing various models of vessels, serving as an essential contributor to the nation’s fleet.
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today launched its Middle East and Africa (MEA) headquarters in Riyadh, Saudi Arabia. The new MEA HQ will bolster region’s cybersecurity ecosystem, strengthen partnerships with government entities and private organizations, and accelerate the transition towards a safer digital future, in line with the Kingdom’s Vision 2030 and the digital ambitions of the wider region.
Dubai Aerospace Enterprise (DAE) Ltd announced today that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately US$815 million of principal amount of its publicly traded bonds under the previous authorizations of US$900 million. DAE now has US$385 million of available authority to repurchase bonds.
Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has commenced operations on the exciting new route of Abu Dhabi to the ancient city of Samarkand, the second largest city in Uzbekistan located at the crucible of cultures and religions. The new route provides hassle-free, point-to-point travel for tourists and residents in both the UAE and Uzbekistan. Tickets are on sale on wizzair.com and the airline’s mobile app with fares starting as low as AED179 *.
Two formidable names in the automotive industry have come together to launch a new joint-venture – Autorola Middle East & North Africa (MENA) Holding Limited – with the mission to reinvent the region’s B2B used-car market. This joint-venture will introduce an integrated and end-to-end digital platform for the industry, which will digitise and simplify every step of the remarketing process, with consistent, transparent pricing, seamless, automated workflows, and auctions taking place 24/7. This will allow better trade-in ratios, stock that moves faster, and an improved better customer experience.