Emirates Growth Fund (EGF), the UAE’s flagship growth equity investor, has announced a landmark AED 45 million strategic minority investment in CarniStore, the nation’s leading premium protein business, bringing together sourcing expertise, proprietary production, and digital retail to elevate food standards across the UAE. This marks EGF’s first investment in the food sector, representing a
The UAE Food Bank has distributed 5,000 meals among workers from across Dubai in a single-day scaled outreach drive, reinforcing the UAE’s commitment to social cohesion, food security, and inclusive community engagement. The drive was organized in collaboration with Majid Al Futtaim, an Emirati-owned, diversified lifestyle conglomerate with operations across the Middle East, Africa and
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Volodymyr Zelenskyy, President of Ukraine, discussed security developments in the region amid ongoing military escalation and their implications for regional and international peace and security, as well as their impact on international navigation and the global economy. The meeting also addressed the
Various areas across the UAE witnessed rainfall ranging from moderate to heavy yesterday as the country was affected by unstable weather conditions. The National Centre of Meteorology said in a statement that Shoukah in Ras Al Khaimah recorded the highest rainfall in the country at 77.5 millimetres. Kalba in Sharjah ranked second with 65.8 millimetres,
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced that International Securities LLC, the UAE based brokerage firm, is now live on Emirates NBD Pay using Visa’s Account Funding Transaction (AFT) model, which allows clients to fund their trading accounts through secure, card-to-account transfers, with near
Mezza, a new hospitality platform, has officially launched, offering restaurants a unique way to access upfront capital while increasing customer footfall and repeat visits. The launch comes at an opportune time in the UAE, as restaurants are currently seeking new ways to attract diners and maintain steady footfall during the current political climate. Mezza addresses
The National Centre of Meteorology (NCM) announced that the country will continue to be affected by a rainy weather system until the night of tomorrow, Friday, as a result of the main weather front currently concentrated over the far western regions, where heavy rainfall has been recorded in scattered areas. In a statement today, the
