DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest US$2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint venture in which … Read more
Emirates, a leading airline, has revealed intentions to offer NFTs and novel metaverse experiences for its customers and staff in the near future. This week, the airline announced intentions to create signature brand experiences in the metaverse, as well as collectible and utility-based NFTs. The initial initiatives are currently in the works, with a debut … Read more
Lulu Group, a retail conglomerate based in the United Arab Emirates, announced on Thursday that it will invest $200 million in Jammu and Kashmir to build a food processing and logistics hub. In this regard, the Lulu group inked a memorandum of understanding (MoU) with the Jammu and Kashmir government, according to a statement from … Read more
Cashfree Payments (Cashfree), a leading payments and API banking solutions firm, made a $15 million equity investment in Telr, a major Payment Service Provider (PSP) in the UAE and Saudi Arabia. Cashfree becomes one of the company’s largest shareholders as a result of this transaction. Telr, an award-winning payment gateway solutions provider based in the … Read more
