Abu Dhabi-based Mubadala Investment Company has announced a significant minority investment in Luckin Coffee, alongside Centurium Capital, the company’s controlling shareholder, in a deal worth $1 billion. The investment comes as China’s coffee market continues to expand.
Food delivery is entering a new phase in Dubai with Silicon Central Mall serving as the launchpad for Keeta Drone’s aerial delivery service, introducing an innovative era of airborne food and beverage delivery.
Talabat, the leading everyday app in the MENA region, has signed a memorandum of understanding (MoU) with QuikBot, an award-winning Singapore Deeptech company transforming final-mile delivery in dense, vertical cities, to launch a live pilot of autonomous delivery robots supporting riders in high-rise buildings.
Bahrain's Ministry of Industry and Commerce has developed its marketing campaign licensing service for the commercial sector as part of the government's efforts to improve service quality and re-engineer services.
Keeta Drone is resuming its drone delivery operations in Dubai, with regulatory approvals from the Dubai Civil Aviation Authority (DCAA) and continued support from relevant authorities across Dubai.
Armah Sports Company has announced that it has signed a contract with Emaar Al Waseel Al Mutamayyizah Company, a subsidiary of Banan Real Estate Company, to develop and operate a sports club in Riyadh. The facility will include full-service fitness amenities as well as technology-enabled services.
Primark, the international fashion retailer, is set to make its debut in the kingdom later this month with the launch of its new outlet at City Centre Bahrain, being set up in partnership with Alshaya Group. This will be followed by the opening of the company's new outlet at Doha Festival City on October 29.
Hassan Allam Holding has announced that its key subsidiary, Kortech, has won the MEP works contract from Saudi Entertainment Ventures (SEVEN) for its premium Al Khobar Entertainment Complex. The scope of work includes an underground car park, family entertainment centre as well as a cinema.
Apple on Tuesday announced the new Mac mini with the all-new M6 and powerful M5 Pro and the new Mac Studio, featuring M5 Max and the all-new M5 Ultra.
Zain Bahrain, a leading telecom services company in the kingdom, has signed a partnership deal with Sharaf DG Bahrain to enable its customers to purchase products through convenient installment vouchers. The partnership offers customers greater choice, flexibility and access to a broader range of products.
