Sayward Capital Corp. Signs Definitive Agreement with Technosteel Construction (L.L.C.) for Historic TSXV Qualifying Transaction

 Calgary, Alberta – Sayward Capital Corp. (TSXV: SAWC.P) (“Sayward”), a capital pool company listed on the TSX Venture Exchange (TSXV), today announced it has entered into a definitive share exchange agreement with Technosteel Construction (L.L.C.), a leading UAE-based structural steel company. The transaction marks a historic first—the first time in the history of the Canadian capital markets that a UAE-headquartered operating company will be listed on a Canadian stock exchange.

The agreement, signed on March 26, 2025, outlines the terms of Sayward’s Qualifying Transaction under TSXV Policy 2.4, resulting in a new publicly traded entity anticipated to be named Technosteel Corp. Technosteel will concurrently complete a private placement of up to US$4 million to fund expansion, automation, and working capital.

Forsan Central Mall Welcomes Nine International brands by Apparel Group

 Leading names in fashion, beauty, and lifestyle are now open at Khalifa City’s premier destination

Abu Dhabi, UAE

Forsan Central Mall, a key retail and lifestyle destination in Khalifa City, has expanded its portfolio with the introduction of nine prominent brands from the Apparel Group. This development underscores the mall’s commitment to providing diverse and high-quality shopping experiences to its community.​

The newly opened outlets include ALDO, Beverly Hills Polo Club (BHPC), CROCS, LEVIS, SKECHERS, STEVE MADDEN, ACO, RITUALS, and COLD STONE Creamery. These additions offer shoppers a wide range of options, from contemporary fashion and footwear to premium beauty products and delightful treats.​

Panasonic Forges Retail Partnership with SACO to Enhance Customer Experience in Saudi Arabia

 Panasonic bats for enhanced service and supply efficiency by collaborating with Saudi Company for Hardware (SACO)

Riyadh, Saudi Arabia

Panasonic Marketing Middle East and Africa (PMMAF) has revealed a groundbreaking strategic partnership with Saudi Company for Hardware (SACO), KSA’s premier electronics and lifestyle retail distributor. This collaboration marks a significant evolution in the Kingdom’s retail and electronics sectors, as it pioneers a direct supply model in the Saudi market, aligning a major international manufacturer directly with a leading national retailer. The partnership is also strategically designed to redefine how Saudi customers access and experience Panasonic’s innovative products, bringing them closer to consumers through SACO’s extensive network of retail locations across the Kingdom.

UBF’s AGM Approves 2025 Strategy to Further Develop Banking Sector

 Abu Dhabi, United Arab Emirates; 22 April 2025:

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its Annual General Meeting, under the chairmanship of His Excellency Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, and in the presence of members of the Board of Directors of the Federation and representatives of member banks.

During the meeting, the members approved the previous minutes of the General Assembly held on 29 April 2024, the audited financial statements for 2024 and the auditors’ report. The General Meeting also absolved the Board of Directors from liabilities arising from their duties for the financial year ending 31 December 2024 and appointed the auditors for the year 2025.

SCM Middle East Conclave in Dubai to Spotlight on India-Middle East-Europe Corridor with former Indian President as Chief Guest

Highlights:

• Shri Ram Nath Kovind, Honourable Former President of India, will be the esteemed Chief Guest, and H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy UAE as the Guest of Honour
• Several Diplomats including US Consulate General Robert Raines to attend the event
• The conclave will unite over 300 logistics leaders, investors, experts, and policymakers from IME Corridor nations.

• The IME Corridor is poised to boost the economies of participating nations by streamlining trade logistics, creating jobs, and fostering a robust business ecosystem.

Dubai, 18 April, 2025: As the proposed India-Middle East-Europe Economic Corridor (IMEC) promises to transform the global supply chain ecosystem, Logistics Shakti, an Indian think tank dedicated to advancing global logistics and supply chains, is set to host the SCM Middle East Conclave & Awards 2025 in Dubai on April 23-24, 2025 focusing on the new trade route.

  

The conclave, bringing together more than 300 top professionals from various verticals of the logistics industry from across India, the Middle East, North Africa, and Europe, will spotlight IMEC, examining its transformative role in reshaping global trade routes, optimizing logistics networks, and strengthening economic ties.

Second Day of Middle East Energy Spotlights Transformative Impact of AI and Advanced Battery Pack Technology

 * Proactive strategising and consistent review of sustainability practices key to not getting left behind, says senior director at Supreme Council of Energy, Dubai

* Artificial intelligence plays a critical role in utility operations, customer engagement, and grid management –  and can save lives, says VP of Industry Strategy and Innovation at Oracle

Dubai, UAE – April 8, 2025: Energy leaders discussed the transformative impact artificial intelligence, long-term planning, and advanced battery pack technology is having on the national, regional, and international energy sectors during a busy second day of Middle East Energy, supported by the UAE Ministry of Energy and Infrastructure.

Unique World launches Dubai’s new gold jewellery and lifestyle hub that will re-define shopping

With increase in sales, the new gold jewellery and lifestyle hub will help accelerate the sale of gold jewellery and further reinforce Dubai’s position as the City of Gold

Date: Dubai, UAE; April 08, 2025

Unique World Group, a Dubai-based conglomerate, has launched Unique World Mall – a new gold jewellery as well as a lifestyle hub opposite Karama in Bur Dubai area – that is set to widen the choice of local and international buyers looking for an alternative shopping destination for gold jewellery.

K-Food Harmonizes with Local Culture, Expanding Its Footprint in the Middle Eastern Market

Delivering Warm Messages with Korean Agri-Food through Ramadan Giving and Sharing Traditions

The Ministry of Agriculture, Food and Rural Affairs (Minister Song Mi-ryeong) and the Korea Agro-Fisheries & Food Trade Corporation (aT, President Hong Moon-pyo) recently hosted the “Iftar K-Food Package Distribution Event” on March 25 at the NEST, the student dormitory complex of Sharjah University. This event was strategically designed to promote the quality and diversity of Korean agri-food products to young consumers in the Middle East, aligning with the cultural significance of the Ramadan season.

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US Ties.

 

IBPC Drives Global Business Growth with Impactful Select USA Event, Strengthening India-UAE-US TiesIn Partnership with the US Consulate Dubai, IBPC Unveils New Opportunities for Indian Businesses to Expand in the US Market

Dubai, United Arab Emirates

The Indian Business & Professional Council (IBPC Dubai) recently hosted a landmark event as part of its Business Connect Series, focusing on the opportunities offered by the U.S. market for Indian businesses.

In collaboration with the U.S. Consulate in Dubai, this event centred around the SelectUSA initiative, which aims to help foreign companies expand their operations in the U.S.

FTA Strengthens Business Efficiency with Intellectual Property Registration of ‘Muwafaq’ Package

 H.E. Khalid Al Bustani: “Registration reinforces FTA’s position as a leading institution in delivering innovative tax solutions”

Abu Dhabi, 24 February 2025: As part of its participation in Innovation Month (UAE Innovates 2025), the Federal Tax Authority (FTA) has announced the intellectual property registration of the “Muwafaq” package, which has been specifically developed to support small and medium-sized enterprises (SMEs), in the United Arab Emirates.

As part of today’s announcement, the FTA highlighted that the “Muwafaq” package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs. The Authority further stated that its hopes for “Muwafaq” are that it will contribute to the empowerment of SMEs and enhancing their tax compliance capabilities.

Al Esely Group Celebrates 35 Years of Excellence and Unveils an Ambitious Vision for Global Expansion by 2035

 On the Sidelines of Gulfood 2025 in Dubai, with Attendance from Global Business Leaders

Dubai – In a grand event at Gulfood 2025 in Dubai, Al Esely Group celebrated its 35th anniversary, marking a journey of remarkable achievements and leadership in meat trading, fruits, and import-export. The celebration showcased the group’s ambitious vision for the future, extending to 2035, and attracted a distinguished audience of global business leaders and prominent personalities, further cementing its leadership position in local and international markets.

Recognition of Al Esely Group’s Impact on the Egyptian Market

During his keynote speech, Mr. Ashraf Hamdy, the Commercial Counselor at the Egyptian Embassy in Abu Dhabi, praised Al Esely Group for its pioneering role in driving significant growth in the Egyptian market. He highlighted the group’s success not only in meat and fruit trading but also in strengthening its presence in the import-export sector, contributing to the national economy and enhancing the global competitiveness of Egyptian products.

Al Esely Group Celebrates 35 Years of Excellence and Unveils an Ambitious Vision for Global Expansion by 2035

 On the Sidelines of Gulfood 2025 in Dubai, with Attendance from Global Business Leaders

Dubai – In a grand event at Gulfood 2025 in Dubai, Al Esely Group celebrated its 35th anniversary, marking a journey of remarkable achievements and leadership in meat trading, fruits, and import-export. The celebration showcased the group’s ambitious vision for the future, extending to 2035, and attracted a distinguished audience of global business leaders and prominent personalities, further cementing its leadership position in local and international markets.

Recognition of Al Esely Group’s Impact on the Egyptian Market

During his keynote speech, Mr. Ashraf Hamdy, the Commercial Counselor at the Egyptian Embassy in Abu Dhabi, praised Al Esely Group for its pioneering role in driving significant growth in the Egyptian market. He highlighted the group’s success not only in meat and fruit trading but also in strengthening its presence in the import-export sector, contributing to the national economy and enhancing the global competitiveness of Egyptian products.

A Legacy of Success and a Vision for the Future

Dr. Sayed Al Esely, Chairman of Al Esely Group, expressed his pride in the journey that began 35 years ago, saying:
“Our journey has been filled with challenges and successes, achieved through dedication, teamwork, and strategic partnerships. Today, as we celebrate this milestone, we renew our commitment to innovation and growth, guided by an ambitious vision extending to 2035. We aim to enhance our global presence by investing in promising sectors, including food, real estate, and gold and jewelry.”

EMSTEEL delivers AED 8.3 billion in revenue for 2024

 Abu Dhabi, United Arab Emirates, 12 February 2025: EMSTEEL (ADX: EMSTEEL) (“the Group”), one of the largest publicly traded steel and building materials manufacturers in the region, announced today its preliminary (unaudited) financial results for Full Year 2024. The results highlight EMSTEEL’s ability to perform well whilst facing difficult market conditions.

 Financial highlights for 2024:

• During 2024, EMSTEEL maintained overall steel production volumes in line with the level attained during 2023. The Group delivered total revenues of AED 8.3 billion, approximately 6% lower than the AED 8.9 billion reported for 2023. This decrease in revenue is due to various factors, including fluctuations in global steel prices, increased competition, and changing demand trends driven by economic uncertainties in key markets.

DIFC introduces new PropTech solution, boosting Dubai’s appeal as a leading property investment destination

 

• Further enhances Dubai’s reputation as a global hub for technology and innovation
• Aligns with Dubai Real Estate Sector Strategy 2033 objectives and Dubai Digital Strategy
• Keyper, Dubai’s pioneering PropTech company, becomes first subscriber and creates go-to digital resource for all essential residential property data within the financial district

Dubai, UAE; 12 February 2025: Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has launched a new technology solution that enables third parties to access data on its real estate landscape.

TASARU, Bahri, and Mosolf Group Join Forces to Deliver Comprehensive Automotive Logistics for the Kingdom

 

• TASARU, Bahri, and Mosolf Group have formed a strategic JV in Saudi Arabia to deliver comprehensive automotive logistics solutions in the Kingdom and address market gaps.
• TASARU will provide capital investment, Bahri will manage shipping with its extensive maritime logistics experience and local market expertise, and Mosolf Group will offer technical know-how from its European automotive logistics operations.

12, February, Riyadh, Saudi Arabia: TASARU Mobility Investments (“TASARU”), a prominent investment entity wholly owned by the Public Investment Fund (“PIF”) of Saudi Arabia, has launched a strategic joint venture (“JV”) in collaboration with Bahri, the National Shipping Company of Saudi Arabia, and MOSOLF Group, a leading European provider of automotive logistics and technology solutions. This joint venture aims to deliver comprehensive and innovative logistics solutions tailored to meet the needs of the automotive and mobility sectors in Saudi Arabia. It embodies the concept of sustainable logistics innovation by leveraging advanced technologies and developing infrastructure that supports the transformation of the automotive and mobility landscape. ​

Breakbulk Middle East 2025 Opens with Record Attendance and Strong Industry Engagement

 Dubai, UAE – February 10, 2025 – Thousands of project cargo professionals gathered today at Dubai World Trade Centre for the opening of Breakbulk Middle East 2025, marking the region’s largest industry event to date. With business decision-makers representing every sector of the supply chain, the event set the stage for two days of high-level discussions, networking, and deal-making.

The event was officially inaugurated by Her Excellency Eng. Hessa Ahmed Al Malek, Minister Advisor for Maritime Affairs at the Ministry of Energy and Infrastructure, who welcomed attendees and reaffirmed the UAE’s commitment to strengthening global trade. “The UAE remains committed to strengthening its position as a global trade hub by fostering collaboration, investing in infrastructure, and embracing innovation,” she said. “Breakbulk Middle East plays a critical role in advancing these efforts, bringing together key players to drive the industry forward.”

Line Investments & Property Launch New LAKA Gift Card Powered by VISA

 Combining flexible redemption, personalized gift-giving, and security across 19 malls

Abu Dhabi, UAE — Line Investments & Property SP LLC, the shopping mall division of Lulu International Holdings, today unveiled the LAKA Gift Card, a groundbreaking gifting solution now accessible across its 19 premier Line Investments malls in UAE.

Developed in collaboration with regional fintech leaders Giftstarr and NymCard. The card is powered by VISA’s secure infrastructure. The LAKA Gift Card introduces the GCC’s first integration of QR-enabled personalized video messaging, enhancing retail gifting through unmatched convenience and emotional resonance.

LOGIC Holding Acquires NEXEL to Accelerate Leadership in Digital Transformation and Innovation

 4th of February 2025, Dubai, United Arab Emirates – LOGIC Holding, a leading management consulting group in the MEA region, today announced the acquisition of a majority stake in NEXEL, a renowned digital transformation and innovation consulting firm. This strategic move amplifies LOGIC’s capabilities in delivering cutting-edge digital solutions while expanding its market reach across the Gulf.

By integrating NEXEL’s expertise in enterprise architecture, artificial intelligence, e-commerce, cloud, data services, and sector-specific innovation, LOGIC strengthens its portfolio to meet surging demand for transformative digital service offerings. The partnership unlocks operational synergies, accelerates growth in key markets like Saudi Arabia, and positions LOGIC as the partner of choice for businesses navigating complex technological shifts.

Keyper partners with First Abu Dhabi Bank and Dubai First to transform rent payments with guaranteed cashback and a chance to win one month’s rent

 Dubai, United Arab Emirates — 3rd February 2025 — In an exciting partnership that sets a new benchmark in the UAE rental market, Keyper has joined forces with the First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, and Dubai First in partnership with Mastercard to make Keyper’s one-of-a-kind Rent Now, Pay Later (RNPL) programme available to their users for the first time.

Designed to redefine how tenants pay rent, this partnership introduces the convenience of paying by card, monthly instalments on annual rent, earning bank rewards, guaranteed cashback, and the chance to win back a month’s rent.

Joyalukkas opens its second showroom in the UK.

 Southall, UK – 31st January, 2025: Joyalukkas, the world’s favourite jeweller, has officially opened its second showroom in the UK, in Southall, marking a significant milestone in its 19-year journey in the UK. Located at 38 The Broadway, Southall, UB1 1PT, the new showroom promises to deliver an elegant shopping experience, featuring an extensive collection of exquisite jewellery. From timeless gold to stunning diamond and precious stone pieces, the showroom offers a diverse range to suit every occasion and taste.