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Dubai , July 14 , 2026 : With US$48.24 billion Foreign Direct Investment (FDI) inflow, the UAE ranked the top destination in the Middle East and 9^th in the world for investment in 2025, that speaks volume about the country’s ability in attracting FDI due to its safe, secure environment and resilience amid multiple regional and global crises, officials said at a conference titled: Health & Wealth — Building a Better Tomorrow, organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI).  

“We spend our entire working lives creating wealth so that one day we can enjoy a secure and comfortable future with our families. Yet, in that pursuit, we often overlook the one asset that makes every achievement meaningful—our health. True prosperity is achieved when health and wealth grow together, because without good health, even the greatest wealth cannot be fully enjoyed,” CA Rishi Chawla, Chairman of the Dubai Chapter of the ICAI, said in his opening remarks at the conference.

“We need to invest our savings intelligently and ensure that our money secures our future. During our life-struggle and long journey, we often take our health for granted and ignore it, which creates complications when we need it most. So, while we remain focussed on career and business, we also need to take care

of our health and wealth and how we could multiply them.”

The conference, attended by more than 400 members of ICAI, featured keynote address and presentation by Osama Al Rahma, Chairman of the Foreign Exchange and Remittance Group (FERG), Amit Bhartia, Founder and Portfolio Manager of DeLoren Partners, CA Piyush Jhunjhunwala, Founder and CEO of Stockify, former Indian supermodel and Bollywood star Anu Aggarwal, who spoke about investment, wealth creation and a healthy work-life balance. 

Osama Al Rahma, Chairman of the Foreign Exchange and Remittance Group (FERG), said, “The UAE is a very resilient nation and we remained resilient in the face of multiple crises over the last two decades and has bounced back strongly from every crises – be it the Global Financial Crisis of 2008-2009, European Debt Crisis of 2011, Arab Spring in 2012, COVID19 and the recent uncertainties over the regional conflict.

“Despite these, the country has shown strong resilience, as HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai announcing a 2.4 per cent growth in Dubai’s Gross Domestic Product (GDP) exceeding Dh232 billion in the first quarter of 2026. We have achieved this amid the regional uncertainty that we have witnessed since February 28 this year.”

Referring to the World Investment Report 2025 issued recently by the United Nations Conference on Trade and Investment UNCTAD), he said, “The UAE has been ranked 9^th in the world and the first in the Middle East and North Africa in attracting FDI to the tune of US$48.24 billion (Dh177 billion). This is a reflection of investor confidence in the UAE that has been growing despite challenges.

“The UAE maintains strong economic partnerships with its top trading partners and the largest economies in the world and over the last few years we have strengthened our regulatory environment that ensures transparency and accountability – that are crucial to increase investor confidence.

“The UAE has Sovereign Wealth Funds (SWFs) with more than US$2.49 trillion – one of the largest resources – that helps us to invest and create opportunities for all stakeholders. The Government is now investing heavily in Artificial Intelligence (AI) and training 80,000 government officials that will help the country to accelerate economic growth in the coming years.

“The UAE central bank has already launched its CBDC, the Digital Dirham, the infrastructure Open Finance, including the regulatory framework for stable coins. We have other virtual asset regulatory bodies like Virtual Assets Regulatory Authority (VARA) which with all will allow for the new virtual assets to grow,” Osama Al Rahma, who is also the Head of Business Development and Wealth Management at Emirates Investment Bank, said.

With more than 3,200 members, ICAI Dubai Chapter is the largest business group in the UAE. Established in 1982, it is also the largest, most active and award-winning chapter among the 44 overseas chapters of ICAI. It has registered a phenomenal growth in membership has exceeded 3,200 members who represent more than 1,550 multinationals and other companies.

Speakers urged the conference delegates to invest their financial resources carefully and intelligently so that they can benefit from higher returns from their investment.

CA Piyush Jhunjhunwala, Founder and CEO of Stockify, says, “Investment is a risky business. However, the biggest risk in life lies in not taking risk. So, we should all put our money in investment schemes that multiply our wealth. You work for money – all your life. Now money should work for you. If you don’t make money in your sleep, then you are not doing it right.”

He spoke about Alternative Investment schemes that investors could consider. “When it comes to investment, most people consider stocks, bonds, currencies, commodities and other asset classes. Not much attention is given to Alternative Investments – such as unregulated businesses.

“India has 5,400 listed companies and more than 2 million unlisted businesses including 35,000 companies that each generate more than Rs1 billion. Investing in them could help multiply returns, while help them scale up their operations and expand and create employment. In India 3.5 per cent of the population invests in equities, while in the United States, this is more than 55 per cent,” he said.

“The UAE is a US$620 billion economy, with more than 1.4 million registered companies. However, the number of listed companies in the UAE is around 200 only. So, there are more opportunities in unlisted companies. 

“Alternative Investment commitments in India jumped 25 per cent to US$175 billion year-on-year as of March 2026, according to the Securities and Exchange Board of India (SEBI). Funds raised by Alternative Investment crossed US$75 billion for the first time in India in FY2026. So, there are greater opportunities in Alternative Investment sector and I urge all to start looking beyond listed companies.”

Amit Bhartia, Founder and Portfolio Manager of DeLoren Partners, said, “We had six panic-points in the last 26 years – including the one running now. Everyone had a bull market inside it. Nothing stays on top all the time. If you look at the Bitcoin, you can see how it moved up and down and how investors bet on it and some made money while others lost.

“There is always a bull and a bear market somewhere. You should look at the market movement, sentiments carefully, before deciding on your investment.”

Bollywood star Anu Aggarwal, a fatal accident survivor shared her perspective on coming back from fatal accident that nearly ended her career in 2006. 

“Five years in Bollywood when I had tasted stardom, fame and wealth, I felt I needed a change. By then, I had enough of acting, money and fame. What else did I want more? That was when I came across Yoga and started practicing it – to seek inner peace. Then, in 1997, I had decided to quit acting and join the Bihar Yoga Institute – to seek fulfilment.

“Two years later, while I came to Mumbai to pack my belonging, I faced a tragic accident that almost killed me – as I was in a coma for 29 days. When I woke up, I didn’t know anything. Part of my body wasn’t responding. Surprisingly, I didn’t panic and I told myself – It’s okay – although part of my body was paralysed.

“Today, I am completely fit – normal. This happened as I developed strong self-belief in myself that came from Yoga – which is not only a form of exercise – but a complete inner belief system. Today, it is part of my complete system and I not only breathe in Yoga, but live in it. It gave me back my health, my life and it is wealth for me.”

ICAI is the largest professional body of Chartered Accountants across the world with over 1,000,000+ students and around 450,000+ members. ICAI has a wide network with five Regional Councils, 176 Branches, 54 Overseas Chapters, and 31 representative offices across the globe. And among 54 overseas chapters, ICAI Dubai Chapter is the largest and most vibrant chapter of ICAI. Of the 8,000 Indian Chartered Accountants active in the UAE‘s private sector, 1,400+ are currently leading businesses in senior positions.

Bahrain , July 14 , 2026 : Gulf International Bank B.S.C. (“GIB” or the “Bank”), a leading pan-GCC banking institution, today announced the establishment of its US$ 3 billion Certificate of Deposit (“CD”) Programme, further strengthening the Bank’s funding platform and enhancing its access to short-term wholesale funding markets.

The Programme represents an important milestone in GIB’s ongoing funding diversification strategy and provides the Bank with additional flexibility to access a broad base of regional and international institutional investors. The CD Programme complements GIB’s existing funding sources and supports the Bank’s prudent liquidity, balance sheet and funding management objectives. It is intended to further strengthen the Bank’s access to global money market investors and support its long-term funding diversification strategy.

Commenting on the CD Programme establishment, Meshari AlMogbel, Group Chief Investment & Treasury Officer said: “The establishment of our CD Programme marks another important step in the continued development of GIB’s funding capabilities. The CD Programme will enhance our access to institutional investors, further diversify our funding sources and strengthen our ability to efficiently manage liquidity across market cycles. This initiative reflects our commitment to maintaining a resilient and well-diversified funding profile while supporting the Bank’s long-term strategic objectives.”

The CD Programme was established with Mizuho International acting as Arranger, and Mizuho International and Nomura appointed as Dealers. The CD Programme is expected to be utilised in line with market conditions, investor demand and the Bank’s funding requirements.

GIB maintains strong investment-grade credit ratings from leading international rating agencies, including Fitch Ratings (A- / Stable), Moody’s Investors Service (A2 / Stable) and Capital Intelligence Ratings (A+ / Stable). These ratings reflect the Bank’s strong capitalisation, sound liquidity profile, prudent risk management framework and established franchise across the Gulf region.

Ends

Department of Culture and Tourism – Abu Dhabi approved exhibition to unite leading developers, investors and homebuyers as the UAE’s real estate market enters a new phase of sustained growth as property transaction value exceeds Dh203 billion in the last 12 months

Abu Dhabi, July 13, 2026 :

Real estate transaction value in Abu Dhabi jumped 76.6 percent to Dh203.01 billion in the last 12 months ending June 30, 2026;

Total number of real estate transactions in Abu Dhabi jumped 64.53 percent to 53,177;

Total property sales in Abu Dhabi during the first six months reached Dh88.25 billion, compared to the full-year sales of Dh93.34 billion in 2025;

The total value of the half-yearly property transaction reached Dh121.90 billion, compared to the last year’s Dh142.21 billion;

Real estate transaction value in Abu Dhabi jumped 76.6 percent to Dh203.01 billion in the last 12 months ending June 30, 2026, with total number of transactions jumping 64.53 percent to 53,177, according to the Abu Dhabi Real Estate Centre (ADREC), reflecting the growth of its property market that is expected to boost investor confidence as the emirate prepares to host the largest property event – International Real Estate and Investment Show (IREIS) 2026 – to be held from September 17-19, 2026 at the Abu Dhabi National Exhibition Centre (ADNEC).

Total property sales in Abu Dhabi during the first six months reached Dh88.25 billion, compared to the full-year sales of Dh93.34 billion in 2025, ADREC statistics show. The total value of the half-yearly property transaction reached Dh121.90 billion, compared to the last year’s Dh142.21 billion. 

All these reflect a very dynamic property market as Abu Dhabi is billed to become the next big economic powerhouse in the Middle East with development projects worth Dh2.78 trillion (US$758 billion) are currently in various stages of planning, development and construction in the emirate, according to a report by BNC Network.

Abu Dhabi’s active construction portfolio exceeds Dh477 billion (US$130 billion), driven by over 38,600 active licenses. This figure encompasses mega infrastructure schemes, with over Dh200 billion (US$57 billion) allocated to the Abu Dhabi Plan for Infrastructure, alongside a massive Dh55 billion public-private partnership pipeline.

The IREIS 2026 will return to ADNEC as the emirate’s largest real estate sales exhibition, bringing together the UAE’s leading property developers, investors, financial institutions and homebuyers on one platform to drive investment and property sales across the country.

Approved by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), IREIS has established itself as a dedicated real estate sales exhibition where developers market and sell projects directly to investors and end-users, creating one of the UAE’s most commercially active property marketplaces.

As the UAE’s real estate market continues its remarkable growth trajectory, IREIS 2026 will highlight investment opportunities not only in Abu Dhabi but also across Dubai, Sharjah Ajman, Ras Al Khaimahand other fast-growing emirates. The exhibition reflects the increasing trend of Abu Dhabi-based investors diversifying their property portfolios across the UAE, while developers from every emirate recognise the capital as one of the country’s strongest investment markets.

Dubai continues to lead regional real estate activity with landmark residential, commercial and mixed-use developments attracting global capital, while Abu Dhabi’s stable economy, expanding population and long-term investment vision continue to strengthen investor confidence. At the same time, Sharjah and Ras Al Khaimah are emerging as attractive destinations for affordable housing, waterfront communities, hospitality developments and lifestyle investments, offering investors a wider range of opportunities across the Emirates.

The success of IREIS 2025 reflected this national momentum. The previous edition featured projects by leading developers from across the UAE and offering exclusive exhibition incentives, project launches and on-site booking opportunities. The exhibition demonstrated the growing demand for a dedicated sales platform where investors can compare projects from multiple emirates under one roof.

Unlike conventional property exhibitions, IREIS is designed as a results-driven sales event where property transactions, reservations and investment decisions take place during the exhibition. Developers benefit from direct engagement with qualified investors, while buyers gain access to exclusive offers, flexible payment plans and the latest residential, commercial and mixed-use developments available across the UAE.

Alongside the exhibition, IREIS 2026 will host a high-level conference featuring government representatives, developers, financial institutions, economists and industry experts discussing the future of real estate investment. Topics will include Abu Dhabi’s growing role as a regional investment hub, UAE banking and real estate expansion, sustainable infrastructure, fractional ownership and PropTech, foreign direct investment, the role of real estate in economic diversification, UAE–Europe investment corridors and the future of real estate brokerage.

Arun Bose, from IREIS, said: “IREIS has grown into far more than an exhibition—it is the UAE’s real estate marketplace where developers meet serious investors and property transactions are concluded. While Abu Dhabi provides the ideal venue and investor base, the exhibition represents opportunities across the entire UAE. 

“Today, Abu Dhabi investors are actively investing in Dubai, Sharjah, Ajman, Ras Al Khaimah and other emerging markets, while developers from across the Emirates recognise the capital as one of the country’s most important investment destinations. IREIS 2026 will bring these opportunities together under one roof, creating an unmatched platform for sales, investment and strategic partnerships.”

The exhibition supports the UAE’s vision of attracting global investment, strengthening economic diversification and enhancing collaboration between developers, financial institutions and international investors. By bringing together projects from multiple emirates, IREIS reinforces the country’s position as one of the world’s most dynamic and resilient real estate investment destinations.

With participation expected from leading UAE and international developers, thousands of investors, institutional buyers and property professionals, IREIS 2026 is set to become the country’s most comprehensive real estate sales platform, offering visitors direct access to investment opportunities spanning Abu Dhabi, Dubai, Ajman ,Sharjah, Ras Al Khaimah and beyond.

IREIS 2026 will be held on 17th .18th and 19th September at ADNEC. Further details on exhibitors, conference programmes, investment forums and visitor registration will be announced in the coming weeks.

• Officially introduces HQ Elite, an elevated collection of limited office spaces within each HQdevelopment

• Announces Wadi Villas construction up by 26% since January 2026; on track for handover later this year

Dubai, July 3, 2026 : Arista Properties has officially broken ground on HQ, its flagship commercial development in Al Furjan, marking a significant milestone for the award-winning project that is scheduled for handover in Q4 2027.

The ground-breaking reinforces Arista’s commitment to delivering on its promises while signalling unwavering confidence in the UAE’s long-term growth story. At a time when regional uncertainty has prompted caution across industries, Arista has maintained construction momentum across its portfolio, reflecting the same resilience, optimism and future-focused outlook championed by the UAE’s leadership.

Construction at Wadi Villas by Arista has reached nearly 70% completion, with close to 20% additional construction completed over the past three months, underscoring the developer’s ability to execute consistently and maintain project timelines without interruption; on track for handover later this year.

The commencement of HQ now builds on that delivery track record, strengthening Arista’s position as one of the UAE’s emerging design-led developers that combines architectural excellence with execution certainty.

“Breaking ground on HQ is more than a construction milestone. It reflects our conviction in the UAE’s future and celebrates an over-subscribed commercial development that is already making its mark in the boutique office segment.,” said Sajal Garg, Co-founder of Arista Properties.  “We have always been committed to a long-term vision in the UAE and will continue investing in projects that contribute to the country’s evolving urban landscape while creating enduring value for businesses and investors.”

Designed by John R Harris, Dubai’s master planners and architects of the iconic Dubai World Trade Center, HQ was sold out even before Dubai witnessed the project in the market. With 48 Grade A Offices across 7 Floors and an entire floor dedicated to amenities, this LEED Gold certified building is a boutique commercial development offering Fortune 500 level services.

Alongside the ground-breaking, Arista Properties announced HQ Elite, an elevated concept boutique office, offering a premium collection of suites that will serve as a defining feature across future commercial developments by Arista. Developed in response to growing demand for more refined and efficient commercial spaces, HQ Elite will introduce a new tier of office ownership for businesses, entrepreneurs and investors seeking exclusivity beyond convention.

“HQ was always envisioned as more than a commercial development. It was designed to redefine the modern workplace. With HQ Elite, we are taking that vision even further by creating a selective collection of office spaces for businesses that require distinction, along with exceptional quality and Grade A commercial standards. HQ Elite represents our most refined commercial offering to date,” said Mudit Jain, Co-founder of Arista Properties.

HQ was introduced to the market with the same philosophy that has come to define Arista Properties—creating boutique developments characterised by design-led architecture, highly efficient layouts, and strategic locations within high-growth communities.

With HQ, Arista became one of the first developers to introduce a dedicated premium office development in Al Furjan, contributing to the area’s evolution into a vibrant mixed-use destination where businesses can thrive alongside established residential communities.

The development also reflects a broader shift in the UAE’s commercial real estate landscape. As business activity expands beyond traditional central business districts, emerging micro-markets are increasingly becoming self-sustaining commercial hubs. The future of work is no longer defined solely by working from home or commuting to the city centre, but by working closer to where people live. This evolution is driving demand for thoughtfully designed, high-quality office spaces within thriving neighbourhoods such as Al Furjan, Jumeirah Village Circle, Jumeirah Lakes Towers and other fast-growing communities, bringing workplaces closer to talent, clients and everyday life.

With construction now underway, Arista Properties continues to demonstrate that disciplined execution, thoughtful design and long-term confidence remain at the heart of its growth strategy, reinforcing its reputation as a developer committed not only to creating exceptional buildings but also to shaping the future of real estate in the UAE.

​Sharjah , July 3, 2026 : Sharjah Collection has won multiple prestigious honours at the Haute Grandeur Global
Awards 2026. These include a series of coveted global, regional and national honours that
celebrate excellence across Sharjah Collection’s portfolio of unique retreats, exceptional
guest experiences and destination dining concepts. Among the most notable
achievements, Sharjah Collection was recognised as Best Luxury Retreats in Middle East
and Best Glamping Experience in Middle East.
The accolades reinforce Sharjah Collection’s position as one of the region’s leading
hospitality brands, recognised internationally for creating authentic, experience-led stays
that celebrate the natural beauty, culture and heritage of the Emirate of Sharjah.
The awards also highlighted the exceptional diversity of Sharjah Collection’s portfolio,
with Kingfisher Retreat, Al Badayer Retreat, Najd Al Meqsar, Al Faya Retreat, Moon
Retreat and Nomad by Sharjah Collection receiving accolades spanning luxury resorts,
mountain and desert retreats, wellness escapes, romantic destinations, caravan
experiences and culinary excellence.
More than a collection of hotels and retreats, Sharjah Collection represents a vision for
sustainable and experience-led tourism.
Commenting on the achievement, Ahmed Ben Zaied, General Manager of Sharjah
Collection, said: "These recognitions reflect the vision that has guided Sharjah Collection
from the very beginning – to create extraordinary hospitality experiences that are deeply
rooted in the identity of Sharjah through properties that celebrate local culture,
architecture, nature and heritage. Each destination has been thoughtfully developed to
offer travellers a sense of place while preserving and highlighting the unique character of
its surroundings. We are incredibly proud of our teams whose passion, creativity and
commitment have enabled us to build a portfolio that continues to set new benchmarks
for experiential travel in the region."
The Haute Grandeur Global Awards are recognised as one of the hospitality industry's
most respected benchmarks of excellence, with winners selected through unbiased guest
feedback and independent evaluation of service excellence and guest satisfaction.

The latest accolades further strengthen Sharjah Collection’s reputation as a pioneering
hospitality brand delivering transformative journeys across some of the UAE’s most
extraordinary landscapes.
Haute Grandeur Global Awards 2026
Sharjah Collection
 Best Luxury Retreats in Middle East
 Best Glamping Experience in Middle East
Kingfisher Retreat
 Best Luxury Resort in United Arab Emirates
Al Badayer Retreat
 Best Desert Stay Experience in Middle East
 Best Destination Wedding Retreat in Middle East
Najd Al Meqsar
 Best Mountain Retreat in Middle East
Al Faya Retreat
 Best Relaxation Retreat in United Arab Emirates
Moon Retreat
 Best Romantic Destination in Middle East
 Best Honeymoon Hideaway Resort in Middle East
Nomad
 Best Caravan Experience in Middle East
Mavia Restaurant
 Best Scenic Dining Location on a Global Level
 Best Culinary Presentation in Middle East

Wishi Restaurant
 Best Culinary Presentation on a Global Level

Alternative investments in the GCC are moving from fragmented deal-making to governance-led capital platforms built for institutional growth

Dubai, July 02, 2026: Alternative investments across the GCC are entering a more institutional phase, driven by growing participation from family offices, private wealth platforms, sovereign investors and international capital. Governance, transparency, and long-term value creation are increasingly becoming as important as investment returns, according to Dr. Amit Goenka, Chairman and Managing Director of Nisus Finance.

For years, alternative investing in the region was shaped largely by transaction-led opportunities and high-yield individual deals. Investors are increasingly looking beyond isolated assets and seeking professionally managed platforms with disciplined underwriting, regulatory oversight, robust reporting standards and strong alignment between investment managers and capital providers.

“The next phase of alternative investing in the region will be defined by trust,” said Dr. Goenka. “Institutional capital follows governance before it follows returns. Investors today are not only asking where the opportunity is; they are asking how it is structured, how risk is managed, how transparent the reporting is, and whether the manager can execute consistently over time.”

The UAE is emerging as one of the region’s most important platforms for this shift. Its globally recognised financial ecosystems, including DIFC and ADGM, have strengthened confidence among regional and international investors by offering robust legal, regulatory and governance frameworks. This has positioned the UAE not only as a leading real estate and development market, but also as a regional capital formation hub connecting India, Asia, Europe, Africa and the wider GCC.

“Dubai and the UAE are increasingly becoming a regional base for global capital,” Dr. Goenka added. “The advantage is no longer only geographic proximity or market growth. It is the combination of regulatory credibility, investor protection, professional fund infrastructure and access to cross-border opportunities.”

This transformation is being reinforced by the increasing mobility of private capital. Indian investors and family offices are expanding their international allocations, with the UAE emerging as a preferred destination because of its geographic proximity, mature financial ecosystem and strategic position connecting global markets. Regulatory certainty, sophisticated fund infrastructure and access to cross-border investment opportunities continue to strengthen the country’s appeal for long-term institutional capital.

“Capital is becoming more borderless, but it is also becoming more selective,” said Dr. Goenka. “Investors want global diversification through platforms that understand local markets, institutional structures and regulatory expectations. That is where disciplined asset managers will play a much larger role.”

Nisus Finance views this transition as a structural shift rather than a cyclical investment trend. The firm is expanding beyond transaction-led investing by strengthening its regulated fund and asset management platform to meet the evolving requirements of institutional investors across India, the UAE and the wider GCC.

Supporting this regional strategy, Nisus Finance has established its UAE investment platform through NiFCO Dubai and introduced a DIFC-registered property fund structure, reinforcing its commitment to professionally managed, governance-led investment solutions. The company continues to expand its capabilities across urban infrastructure, real assets, private capital markets and transaction advisory, creating diversified investment opportunities for institutional and sophisticated investors.

“For alternative investments to scale, the industry must move from fragmented opportunities to professionally managed ecosystems,” Dr. Goenka said. “The firms that succeed will be those that combine investment expertise with institutional governance, transparent structures and long-term alignment with investors.”

Institutional participation is expected to deepen the GCC’s alternative investment landscape by accelerating cross-border capital flows and supporting the development of more sophisticated investment platforms across real assets, infrastructure and private markets.

“The UAE has the ingredients to become one of the world’s most important alternative investment corridors,” Dr. Goenka concluded. “The opportunity now is to build platforms that can match global investor expectations while capturing the growth potential of this region.”

Nisus Finance believes the next phase of the region’s investment evolution will be defined by stronger governance, greater transparency and closer alignment between investors and fund managers. By combining institutional-quality investment management with regional expertise, the firm aims to help shape a more resilient alternative investment ecosystem that attracts global capital and supports sustainable long-term growth across the UAE, India and the wider GCC

Danube Home celebrates “40 Careers, 40 Stories” with 40 leadership promotions, reinforcing its commitment to nurturing talent from within

Dubai, June 30, 2026: Danube Home has announced the appointment of Sayed Habib as Chief Executive Officer (CEO), marking a defining moment in the company’s growth journey and underscoring its long-standing commitment to nurturing talent from within. Habib’s appointment marks an extraordinary journey of nearly 17 years of dedication, loyalty, and leadership, having joined Danube Home in October 2009 as a Buyer for the Blinds, Curtains, and Wallpaper category. The announcement was made during “40 Careers, 40 Stories”, a special celebration held on 29 June 2026 at the Millennium Lakeview Hotel, Dubai, where Danube Home recognized the achievements of 40 members of its management and leadership team for their outstanding contributions to the business.

Habib’s rise from category buyer to CEO reflects both his personal leadership journey and Danube Home’s evolution into one of the region’s most dynamic home retail brands. Over the years, he has been instrumental in expanding retail operations, establishing the company’s franchise business, strengthening omnichannel capabilities, building one of the region’s leading e-commerce platforms, and driving customer-centric innovation across the organization. His strategic focus on customer experience, digital transformation, and operational excellence has been instrumental in positioning Danube Home for sustainable long-term growth.

Habib has also proved himself to be a passionate advocate of continuous learning, he has consistently invested in his own professional development. He has pursued executive education at the Indian Institute of Management (IIM) Bangalore, embraced emerging technologies including Artificial Intelligence applications, and regularly travels across global retail markets to study international trends, bringing fresh ideas and best practices back to Danube Home. His leadership philosophy has always centered on innovation, customer experience, digital transformation, and empowering people to grow.

Speaking on the occasion, Adel Sajan, Managing Director, Danube Group, said, “At Danube, we have always believed that great companies are built by great people. Leadership is not created overnight, it is nurtured through trust, opportunities, and a culture that encourages people to grow. Habib’s journey from Buyer to CEO perfectly reflects what is possible when talent meets passion and perseverance.”

The evening also celebrated two other significant leadership elevations. Jayaraj Dangati and Sachin Khosla were promoted as Associate Directors, recognizing their long-standing contribution, leadership, and commitment to Danube Home’s continued growth.

Adel further added, “The retail industry continues to evolve rapidly, and despite challenging market conditions, Danube Home has continued to grow, innovate, and outperform because of the strength of its leadership team. Today’s promotions are not just a recognition of individual achievements they represent our confidence in the future leaders who will shape the next chapter of Danube Home. We are proud of every individual being celebrated today and equally thankful to their families, whose support has made these achievements possible.”

The event was attended by the Danube Group leadership team, senior management, employees, and their families, making it one of the company’s most significant internal leadership celebrations to date.

The theme, “40 Careers, 40 Stories,” celebrated not only promotions but also the personal journeys of dedication, resilience, and excellence behind each achievement. A special tribute was also paid to the families of the promoted employees, acknowledging their unwavering support as an integral part of every success story.

With operations spanning multiple countries and a rapidly expanding omnichannel business, Danube Home continues to invest in technology, customer experience, talent development, and innovation as it enters its next phase of growth under the leadership of CEO Sayed Habib.

Legend Motors has the exclusive distributorship of 212 Off-Road vehicles in the UAE to bring the brand’s latest power-packed model for adventure motorists

Abu Dhabi, June 27, 2026 : Legend Motors, part of Legends Holdings, a diversified UAE business conglomerate with interests in the automotive industry, energy, and travel and tourism services, has unveiled the 212 Navigator, the latest model of the distinguished off-road automobile brand which is carving a niche in the UAE. The launch took place at the opening of the 212’s latest showroom in the heart of Abu Dhabi, bringing a new all-terrain vehicle for thrill-seekers in the country. Legend Motors is the exclusive distributor of 212 Off-Road vehicles in the UAE and is leading the brand’s expansion across the market.

212 Navigator is built for serious off-roading and demanding environments. Featuring a selection of 10 driving modes that adapt to the most challenging terrains, the latest 212 model is raised by 1.5 inches and fitted with large 285*70R17 tires and nitrogen gas shock absorbers, promising the ultimate adrenaline punch for adventure-lovers. It guarantees a thrill-packed performance backed by rigorous tests, including year-long high-temperature endurance tests, six-month enhanced anti-corrosion trials, three months of extremely cold-weather validation, and 250,000 kilometre of all-terrain road driving. 

“At Legend Holding Group, our vision goes beyond introducing new vehicles. We are committed to building trusted automotive brands, delivering innovative mobility solutions, and creating long-term value for our customers and the UAE market. Through our partnership with global automotive brands such as 212, we aim to bring world-class products, advanced technologies and exceptional ownership experiences that support the evolving needs of today’s customers,” Mira Wu, Co-Founder & Vice Chairman, Legend Holding Group, said. 

Legend Motors are the exclusive dealership of 212 Off-Road Vehicle Co. vehicles in the UAE. This strategic collaboration marked a major step in 212’s global expansion, bringing its classic designs andadvanced technology vehicle line-up to the roads of Dubai and Abu Dhabi. With prices starting from Dh115,000, the 212 T01 series delivers a power-packed performance on the most challenging driving landscapes.

Powered by a 2.0L Turbo 4-cylinder engine and backed by an 8-speed automatic transmission, 212 Navigator generates approximately 170 kW of power. Its chassis is effectively fitted with front and rear five-link non- independent suspensions and a part-time 4WD system to conquer sand dunes, snow slopes, muddy landscapes, mountains, and rocky terrains. 

With a 375 mm ground clearance, a 42.5° approach angle, and a 34.5° departure angle, it is a star on off-road. Interiors feature premium 12.3-inch dual LCD displays and heated and ventilated front seats for maximum comfort. Customers can choose from an array of body colours, including green, grey, black, blue, and blue-white. Interiors can be customised in three shades: grey, black, or brown.

Cannon Wang, VP Dealership & Strategy, Legend Motors, said, “Our expansion in Abu Dhabi marks a new chapter in 212’s successful foray into the UAE. The 212 Navigator is a golden feather in our cap and it will fulfil the needs of our younger, adventure-seeking motorists who want to take the off-road experience to the next level. With the new models, we believe, our motorists will be able to ride better and enjoy every bit of their journey.” 

212 entered the UAE’s thriving automobile industry in 2025 with the launch of its first 212 T01 model – 212 Adventurer. It is equipped with a classic non-load-bearing type body and the BorgWarner part-time four-wheel drive system. Boasting a power configuration of 2.0T + 8AT,248HP and 410 torqu, the vehicle meets the needs for seamless off-road driving. Internal safety features ensure passengers are well-guarded and a high-intensity steel cage-type body structure acts as a vital shock absorber. 

Saif Akkary, General Manager for Premium Brands at Legend Motors, said, “We mark a momentous occasion with the simultaneous launch of our first showroom in Abu Dhabi and the advanced 212 Navigator. This model is projected to achieve rapid growth in its first year, targeting adventure-seekers looking for a vehicle built to go anywhere. At Legends, we are offering full 360-degree automotive service to our customers – from sale to after sale and re-sale services – all under one roof, making us one of the best partners for automotive brands in the region.”

“The strong response to 212 Adventurer and its growing presence in the UAE market has encouraged us to accelerate our expansion plans. We are preparing to open additional showrooms across Dubai and other emirates in the coming months, bringing the 212 experience closer to customers across the country,” he further stated.

The 212 Off-Road Vehicle Co. traces its origin during the formative years of the People’s Republic of China. Founded in 1961, 212 had quickly become the second largest automobile manufacturer in China. With over 75 years of off-road expertise, 212 is known for building vehicles that combine timeless design with uncompromising durability. The brand’s debut model, the 212 T01, embodies this spirit with a classic boxy silhouette and advanced engineering designed to tackle the toughest environments.

Rooted in a military design originally introduced in 1965, the modern iterations (such as the 212 T01) marry classic, tough exterior styling with a fully modernised, tech-forward interior and powerful performance capabilities. The 212 is available in the UAE, with official distributors offering GCC models through its exclusive distributor Legend Motors.

Dubai , June 24, 2026 :

Ruggieri and Novara aim to bring innovative and never before experiences in fireworks, special effects and multimedia productions to the region, by leveraging Ruggieri’s 300 years of experience and excellence. 
Dubai , June 24, 2026 : Ruggieri, the global leader in pyrotechnic design and technology, and Novara Events Management, a dynamic player in the events industry, today announces a project-based collaboration aimed at elevating immersive entertainment experiences for key events across the GCC region.

This technical alignment pairs Ruggieri’s centuries-old heritage and technical mastery with Novara Events Management’s operational agility. Together, both entities intend to meet the growing demand for bold, high-impact scenography and innovative visual storytelling for premium events.

The collaboration will help accelerate the growth of the region’s vibrant events industry – exhibition, conference, seminar, concerts and festivals – that employs more than 100,000 professionals and contributes to the local economies in a very big way.

The event management market in the GCC is on a rapid growth trajectory, expecting to reachUS$120.73 billion by 2029, growing at a CAGR of 9.06 percent during the forecast period (2024-2029), as per Mordor Intelligence. Several key factors drive this growth, including substantial infrastructure investments, a burgeoning tourism sector, and a strategic push for economic diversification.

Dubai’s business events and exhibitions sector, on the other hand, is a multibillion-dollar economic engine, generating a record Dh25.03 billion (US$6.8 billion) in economic output and adding Dh14.66 billion (US$4 billion) directly to the emirate’s GDP. It supports over 94,000 jobs and attracts more than 2.18 million annual attendees.

For Ruggieri, this initiative is part of a broader strategy to expand its ecosystem of trusted regional partners. By collaborating with specialized agencies, the French experts in bespoke and monumental fireworks displays continues to strengthen its presence in the Middle East expanding the activities of their office in UAE while maintaining the flexibility to deliver world-class shows through high end products, cutting edge designs and technologies operated by highly trained professional.

Novara Events Management is a leading experiential entertainment company with more than 19 years of expertise in the region, specializing in the creation of original IP-driven events and immersive live experiences. Beyond traditional festivals, Novara develops large-scale entertainment concepts that combine storytelling, multimedia production, live performances, technology, and pyrotechnics to deliver world-class audience experiences. With a strong regional presence and a commitment to innovation, Novara continues to redefine entertainment by creating impactful destination events that blend creativity, culture, and operational excellence.

Franck Planchenault, General Manager of Ruggieri Middle East, stated, “We are delighted to team up with Novara Events Management on these initiatives. Integrating our artistic expertise with new operational networks allows us to explore complementary creative solutions. This project reflects our ongoing commitment to working with diverse local partners to deliver world-class experiences defined by excellence and innovation.”

This collaboration marks the beginning of a constructive technical dialogue between the two houses, dedicated to advancing the art of pyrotechnics and multimedia performance in the region.

Laila Merchant, CEO of Novara Events Management, stated, “At Novara, we believe the future of live entertainment lies in creating immersive experiences that go far beyond traditional celebrations. Our collaboration with Ruggieri Middle East represents a new era of IP-driven events where pyrotechnics, storytelling, technology, and multimedia production come together to deliver unforgettable moments for audiences across the region. 

“This partnership is not only about fireworks  it is about crafting complete experiential journeys that combine creativity, innovation, and world-class execution on a scale never seen before.”

Dubai , June 23 , 2026 : H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated Mohamed bin Zayed City Passenger Train Station in Abu Dhabi and witnessed the unveiling of the UAE passenger rail network, which is set to launch on 30th September 2026.

H.H. Sheikh Khaled toured the station’s key facilities and amenities and reviewed its information management systems and operational readiness procedures.

He was also briefed on the station’s advanced infrastructure, future plans to increase capacity, measures to facilitate passenger movement during peak hours, and the smart solutions and customer service offerings designed to deliver the highest standards of operational efficiency and service excellence.

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan affirmed that the passenger train project reflects the UAE’s vision for a fully integrated transport network, enhancing inter-emirate connectivity, supporting sustainable growth through the efficient movement of people and goods, and opening new horizons for investment, tourism and urban development.

He underscored that the project is a strategic investment that advances the Projects of the 50 by delivering world-class infrastructure, while enhancing the UAE’s comprehensive development journey and strengthening its long-term competitiveness and global standing.

H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of Etihad Rail, highlighted that the passenger rail network marks a transformative milestone in the development of the UAE’s national transport ecosystem by harnessing the latest technologies and innovations to deliver an advanced mobility system that provides a modern, safe and highly efficient travel experience.

He added that the network’s multiple stations, together with their seamless integration with other means of transport, will enhance connectivity between cities and key destinations while providing passengers with more convenient and flexible travel options that meet the evolving needs of the community and support rapid urban development across the UAE.

The launch of the passenger rail network marks a new chapter in the UAE’s infrastructure development, extending beyond conventional transport to establish integrated urban and economic connectivity, linking population centres, economic hubs and tourism destinations across the country.

An introductory operational phase of passenger rail services between Abu Dhabi and Fujairah will commence on 30th June 2026, cutting the journey time to just 1 hour and 45 minutes.

Dubai Train Station and Al Dhaid Train Station will open with the official launch on 30th September 2026, followed by stations in Al Dhafra on 30th December 2026.

The route will be complete upon the opening of Sharjah Train Station on 30th March 2027.

As part of the next phase of the project, feasibility studies will be undertaken to evaluate the expansion of the passenger rail network to additional emirates, further advancing the UAE’s vision of a fully integrated national transport system.

Fares on the Abu Dhabi–Fujairah route will start at AED55 for Comfort Class and AED120 for Premium Class. The passenger rail fleet comprises 13 trains, each with a capacity of up to 400 passengers. Customers will be able to book journeys and purchase tickets through a range of convenient channels, including the Etihad Rail mobile application and official website, from 23rd June 2026.

The launch of passenger rail services comes less than five years after the UAE announced its vision for developing the UAE Railway Programme, which includes the passenger train project, as part of the Projects of the 50 in 2021.

Delivering the project ahead of schedule demonstrates the UAE’s exceptional capabilities in executing major national infrastructure projects at pace, translating long-term strategic visions into tangible outcomes and creating new opportunities for individuals, businesses and investors across the UAE.

Passenger rail services will be operated by Etihad Rail Passenger Services, a joint venture between Etihad Rail and Keolis, one of the world’s leading passenger transport operators. The partnership combines international expertise in railway operations with national capabilities in transport management to deliver an exceptional operating model that enhances service quality and provides passengers with a world-class travel experience.

The passenger train stations will also offer a comprehensive hospitality experience through cafés, restaurants, retail outlets and several international brands, in addition to onboard dining options, providing an integrated travel experience that combines comfort and convenience while meeting the expectations of citizens, residents, visitors and investors, in line with the highest standards of excellence in the transport and logistics sector.

The UAE Railway Programme reflects the UAE’s vision of building an integrated national transport ecosystem that serves as a key driver of sustainable economic and social development through three core pillars: freight services, passenger rail services and integrated transport solutions.

In collaboration with its mobility sector partners, Etihad Rail continues to develop a seamlessly connected transport ecosystem that integrates multiple modes of mobility, strengthening the nation’s competitiveness as a global logistics and economic hub, enhancing supply chain efficiency, and improving connectivity between local and regional markets through sustainable transport solutions that support the objectives of the UAE’s Net Zero 2050 Strategy.