#Expansion

e& c

Abu Dhabi’s e& enterprise concludes majority stake acquisition in Beehive

The telecom company announced it was acquiring 63.3 per cent of the peer-to-peer lending platform in May

Air Arabia to expand fleet size in 12 months Image Air Arabia

Air Arabia reveals plans to double current fleet within 12 months

The enhanced fleet size will continue to support inbound tourism, particularly in Abu Dhabi, as the emirate continues to see a rise in tourism

UAE homegrown brand CAFU, launches globally with EV charging solution

UAE’s CAFU launches in Canada with EV charging solution

CAFU’s service will allow EV owners in Quebec to charge their cars at the tap of a button, boosting access to charging infrastructure

LandVault

Metaverse developer LandVault expands to Dubai

Its technology will allow real estate developers to showcase their projects by providing a more immersive experience for potential buyers

GMG establishes its Asian headquarters in Malaysia to pursue further expansion and growth in SEA

GMG to ramp up growth in Southeast Asia, aims to launch 100 stores by 2025

The company has opened 31 stores across Malaysia, Singapore, and Indonesia since entering the SEA market in 2020

ConocoPhillips wins stake in QatarEnergy’s NFS expansion project

ConocoPhillips will take a 6.25 per cent stake in the project, out of a 25 per cent interest available for international partners

Qatar expansion

Julius Baer to expand into Qatar to drive regional expansion

Julius Baer has hired Slim Bouker, Doha Bank’s head of private banking, to oversee the expansion

Uber’s Careem seeks $500m from Abu Dhabi and Saudi funds

Dubai-based Careem has reportedly held talks with Saudi Arabia’s Public Investment Fund and Abu Dhabi’s ADQ to raise the funds

Buy-now-pay-later provider tabby secures $54m in funding

The investment will support tabby’s international expansion plans

Why the Royal Lifestyle Corp is expanding into the UAE

From golf clubs to perfume to movie production, the Royal Lifestyle Corp’s president Jack Charles tells Bill Welder why he’s bringing his multifaceted company to the UAE

HPE and Alpha Data: Accelerating digital transformation

Oracle expands global cloud footprint

The company plans to have at least 44 cloud regions by the end of 2022

Saudi Arabia

Dentsu expands Merkle MENA with its launch into Saudi Arabia

Merkle aims to tap into the fertile digital transformation landscape in the kingdom, while also being in a position to better serve its existing clients across the Middle East

Packaging firm Al Bayader invests Dhs200m in Dubai facility to expand manufacturing capacity

The expanded plant doubles its production capacity to 18,000 tonnes per annum to enable Al Bayader to export its products

Antonio Gonzalez, CEO and Nazih Hafez, COO, of Sunset Hospitality Group

Video: Why this UAE hospitality company is expanding in the current situation

Dubai-based Sunset Hospitality’s CEO and COO on how they are handling the Covid crisis

Dubai’s noon to make ‘substantial investment’ in mother and baby market – Alabbar

The launch of the segment – expected in the coming months – will see noon unveil several new products

UAE’s Fruitful Day raises over Dhs3m to fund expansion

The company will use the funds for horizontal and vertical expansion