MAG gives Dh10 million towards ‘1 Billion Meals’ drive
MAG Group Holding, a versatile conglomerate working across real estate, contracting, engineering, trading, freight, and hospitality, announced its contribution of AED 10 million towards the “1 Billion Meals Endowment” campaign, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish the largest Ramadan sustainable food aid endowment fund. MAG Group pledged to contribute Dh10 million over the next 5 years, to be utilized in creating sustainable programs to fight and eradicate hunger within an institutional framework. Moafaq Al Gaddah, Chairman of MAG Group Holding, said: “The ‘1 Billion
UK Business Expansion To The Middle East Through Franchising
The post-Brexit UK opens up various international markets to assist with business expansion. Want to know how Middle East franchising works? Here is your complete guide to it. Become part of an emerging global market efficiently You can only achieve so much growth if you only focus on the local markets. If you truly desire to progress with your venture, it helps to focus on the international market. In recent years, the Middle East has emerged as a promising prospect. Nations like the UAE and Saudi Arabia are committed to diversifying their economies from fossil fuels and tourism. Let’s look at how
Sobha Realty completes Waves projects at Sobha Hartland Waterfront District
Sobha Realty has announced the successful completion of its iconic Waves project at the waterfront district in Sobha Hartland, which also received the Building Completion Certificate (BCC) well ahead of the construction schedule. The residential tower, which commenced construction in February 2021, is an exquisite 35-storey development located right in front of the 1.8 km waterfront boardwalk in Sobha Hartland. The development hosts several elegant choices of apartments that include 1BR, 1BR + Study, 2 BR and 2BR + Maid’s room. It will be the first development to get ready across the waterfront district of Sobha Hartland offers exceptional views of the Dubai
Sobha Realty rings Nasdaq Dubai Bell in support of ‘1’Billion Meals Endowment’ campaign
In collaboration with Nasdaq Dubai, Sobha Realty rang the market opening bell to mark its support of “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The campaign aims to establish the largest Ramadan sustainable food aid endowment fund during the Holy Month of Ramadan, providing a food safety net for underprivileged populations in countries with food insecurity. Sobha Realty has pledged to contribute AED 50 million over a span of five years to support the campaign, which aims to mobilise regional, international, and local efforts to
CAYAN Group Signs Investment Development Agreement to Meet Immediate Visitor Demand at NEOM
Cayan Group, a leading real estate investment and development company in the Middle East, has signed a development agreement with NEOM, a gigaproject spanning 26,500 square kilometers in northwest Saudi Arabia. Under the agreement, Cayan Group will fully fund and develop Hampton By Hilton situated at the NEOM Community site to meet the rising construction demand – a critical component to further progress earthworks at the site. Construction, led by BEC Arabia, has already started on the hotel, and is expected to open by the end of 2023. Ahmed Alhatti, Chairman of Cayan Group, said: “We are excited to become part of the