BusinessLatest Business and Company Updates
Dubai Startup Reinvents Party Planning Marketplace
Dubai’s events sector is being reshaped by a new digital platform aiming to simplify how people organise celebrations. The PartyPlatform, founded by Patrick Narracott, has introduced an online marketplace linking customers directly with vendors, allowing users to either hire full-service planners or assemble their own teams of vendors. The business
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Aldar and Mubadala form major retail venture
Aldar Properties and Mubadala Investment Company have completed a strategic joint venture that brings together two of Abu Dhabi’s most prominent retail destinations into a single platform valued at about AED 10 billion, marking one of the emirate’s largest consolidations
Electric Way expands Dubai logistics base
Electric Way has broken ground on a 125,000 sq ft expansion of its distribution centre at National Industries Park in Dubai, a move aimed at more than doubling its operating capacity as demand rises from construction, utilities, manufacturing and data
Kingdom Holding moves on Al Hilal
Kingdom Holding Company has agreed to buy a 70% stake in Al Hilal from Saudi Arabia’s Public Investment Fund, in a transaction that marks a new phase in the Kingdom’s football privatisation drive and puts one of the country’s highest-profile
