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Agreement

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MAGRABI RETAIL SIGNS AGREEMENT TO ACQUIRE A MAJORITY STAKE OF LEADING EGYPTIAN RETAILER BARAKA OPTICS GROUP

MAGRABI Retail, the Middle East’s largest eyewear retailer, announces the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt. The transaction remains subject to customary regulatory approvals, including clearance from the Egyptian Competition Authority.   Founded in 1979 by
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Dubai Festivals and Retail Establishment (DFRE) partners with Al Ghurair in multi-year agreement to enhance citywide festivals and experiences

Dubai Festivals and Retail Establishment (DFRE), an agency of Dubai Department of Economy and Tourism (DET), has entered into a three-year strategic partnership with Al Ghurair, one of the region’s leading diversified family business groups, further strengthening collaboration between the public and private sectors to elevate Dubai’s year-round programme of festivals and
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Mada Media Signs an Agreement with Hills Advertising

Mada Media, the company responsible for organising, developing and managing the out-of-home (OOH) advertising sector in the Emirate of Dubai, has signed a strategic agreement with Dubai-based media agency, Hills Advertising, to manage a portfolio of premium advertising assets across various streets of the emirate. The agreement includes 94 bridge advertising banners,
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Vertiv to acquire ThermoKey, Expanding Heat Rejection Portfolio for Converged Physical Infrastructure

Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has entered into an agreement to acquire ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, as part of Vertiv’s continued investment in advanced
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Mada Media organises the official ceremony for the agreement granting the naming rights of “National Paints” Station

As part of Dubai’s commitment to enhancing public-private partnerships and reinforcing its position as a global hub for innovative investment opportunities, Mada Media organized the official ceremony for granting the naming rights of “National Paints” Metro Station, formerly named “Jebel Ali,” on the Red Line of the Dubai Metro. The event was attended by officials […]
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GLIDE and UAE University Sign Partnership Agreement to Advance Research and Capacity Strengthening in Disease Elimination

The Global Institute for Disease Elimination (GLIDE) and United Arab Emirates University (UAEU) signed a Memorandum of Understanding (MoU) to strengthen collaboration across research, training, and knowledge exchange in support of infectious disease elimination and global public health priorities. The agreement establishes a framework for joint research addressing
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Awqaf Abu Dhabi Signs AED 100 Million Agreement with LuLu Group International to Support “Mother of the Nation Endowment for Orphans” Initiative

The Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi has signed a Memorandum of Understanding with LuLu Group International to develop a portfolio of commercial projects valued at AED 100 million on Awqaf Abu Dhabi endowment land, with returns supporting long-term care and improved quality of life for orphans in the UAE. The agreement […]
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Ajman Department of Tourism, Culture and Media signs cooperation agreement with Coral Travel to enhance promotion of the emirate in Germany, Austria, and Switzerland

The Ajman Department of Tourism, Culture and Media (ADTCM) has strengthened its strategic presence in the European market by signing a distinguished cooperation agreement with Coral Travel, one of the leading tour operators in Germany, Austria, and Switzerland. This agreement reflects a carefully planned marketing approach aimed at consolidating Ajman’s position as a
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Ajman Department of Tourism, Culture and Media signs cooperation agreement with Germany’s Vtours to strengthen emirate’s presence in German market

The Ajman Department of Tourism, Culture and Media (ADTCM) has signed a strategic agreement with Germany-based Vtours, aimed at enhancing the promotion of the Emirate of Ajman in the Federal Republic of Germany and expanding international partnerships to support sustainable tourism growth, further reinforcing Ajman’s position as a competitive destination in European
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ATARA Development Launches The Residences at Sheraton Al Marjan Island Resort, GCC’s First Sheraton Branded Residences

Following its strategic collaboration agreement with Marriott International, ATARA Development has officially launched The Residences at Sheraton Al Marjan Island Resort. The development represents the GCC’s first Sheraton-branded residences, featuring 159 branded apartments scheduled for completion in Q3 2028. Located on Al Marjan Island, the project blends a refined
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Expansion of Investcorp’s digital platform through distribution agreement with Stake in Saudi

Investcorp Saudi Arabia Financial Investments Company (together with its affiliates, “Investcorp”), a leading global alternative investment manager, has expanded its digital platform offering through a distribution agreement with Stake, the MENA region’s leading digital real-estate investment platform. The partnership provides investors with access to select international
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Al Ansari Exchange signs gold sponsorship agreement with MOHRE for Labour Market Excellence and National Initiatives

Al Ansari Exchange, the UAE’s largest outward personal remittance and foreign exchange company, and a subsidiary of Al Ansari Financial Services and, has signed a Memorandum of Understanding (MoU) with the Ministry of Human Resources and Emiratisation (MOHRE), reinforcing its long-standing commitment to employee welfare, community development, and national priorities. The
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MANCHESTER CITY AND OHANA DEVELOPMENT SIGN AGREEMENT TO LAUNCH CLUB-BRANDED RESIDENTIAL DESTINATION IN ABU DHABI

Manchester City has partnered with Ohana Development, a leading real estate developer in the UAE, to launch ‘Manchester City Yas Residences by Ohana’, a first-of-its-kind Manchester City club-branded residential destination. The development will be set along Abu Dhabi’s Yas Canal waterfront and span 1.67 million square metres. Further details will be revealed as the
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Kerry Signs Strategic Agreement with Expo City Dubai to Establish New Regional Customer Co-Creation Centre to Drive Food & Beverage Innovation

Kerry, a global leader in sustainable taste and nutrition solutions, today announced the signing of a long-term lease agreement with Expo City Dubai to establish its new Regional Customer Co-Creation Centre. The agreement represents a significant milestone in Kerry’s continued growth across the Middle East and underscores the company’s commitment to driving food and