Author: Sam Allcock
Dubai Airport Freezone (DAFZ) has signed a Memorandum of Understanding (MoU) with China’s Zhuanzhuan Group to set up a Middle East base for second-hand consumer goods, with Dubai to act as a key export hub to the region and international markets. Deal Overview As reported by Emirates News Agency, the MoU was signed by Arif Al Khoori, Senior Vice President of Customer Care at DAFZ, and Wang Su, Corporate Vice President of Zhuanzhuan. Under the agreement, Zhuanzhuan will open its regional headquarters in DAFZ, where it will establish a full-fledged supply chain operation, including recycling, quality inspections, sorting, and packaging…
Alpha Dhabi Holding (ADH), the Abu Dhabi-headquartered investment group, recorded a first-half net profit of $1.8 billion (AED 6.6 billion) in 2025, representing a marginal 1% dip year-on-year, even as revenue surged significantly. First-Half Financial Highlights The net profit is consistent with last year’s earnings, which had included non-recurring income of $380 million (AED 1.4 billion). The company’s profit margin remained stable at 18%. ADH’s revenue increased 23% year-on-year, reaching $9.8 billion (AED 35.9 billion), thanks to steady growth across its principal business lines including industry, real estate, construction, and services. By segment, industrial operations generated $3.7 billion (AED 13.4…
The excitement continues with Dubai Summer Surprises (DSS) 2025 as the Great Dubai Summer Sale (GDSS) brings another week of spectacular GDSS Daily Surprises, available until 7 August. Each day promises a brand-new, one-day-only deal at a different destination in Dubai, with jaw-dropping offers of up to 90 per cent off on sought-after brands in fashion, beauty, tech, jewellery, and beyond. Organised by Dubai Festivals and Retail Establishment (DFRE), this is the ultimate moment to score huge savings while shopping in style. Each surprise is revealed just 24 hours in advance on the Dubai Summer Surprises website, as well as…
Situated in the heart of Business Bay, Hyde Dubai delivers a distinctively curated stay, blending upscale living with artistic flair and cultural richness. Its 277 well-appointed rooms and suites exude modern charm and provide guests with a serene retreat from the city buzz. The hotel’s rooftop pool captures stunning views of Dubai’s skyline, including the awe-inspiring Burj Khalifa, setting the tone for unforgettable moments of relaxation. Guests can also indulge in the hotel’s exceptional spa amenities, offering a complete wellness journey and ensuring a truly holistic escape. Hyde Dubai is home to creativity, sophistication, and innovation. With its prime location…