Endeavor Jordan Appoints Tamer Al-Salah as Managing Director
As Managing Director, Tamer will be responsible for overseeing Endeavor Jordan's strategic direction, operations, and expansion efforts, as the organization continues to support and scale the country's most promising entrepreneurs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
35 minutes ago
- Al Bawaba
Dubai Investments H1 2025 profit before tax surges to AED 546.28 million
Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), reported profit before tax of AED 546.28 million for the six-month period ended 30 June 2025, compared to AED 431.68 million during the corresponding period in the previous the three-month period ended 30 June 2025, the profit before tax was reported at AED 361.39 million, up from AED 309.34 million during the corresponding period in higher profitability was driven by strong performance across the Group's core business segments, particularly real estate and manufacturing. The real estate segment demonstrated strong performance underpinned by consistent and growing rental Group's total assets increased to AED 22.74 billion as of 30 June 2025, compared to AED 22.10 billion as of 31 December 2024. Equity attributable to the owners of the Company stood at AED 13.89 billion as of 30 June 2025, compared to AED 14.11 billion as of 31 December 2024. The Group also reported a total income of AED 1.89 billion for the six-month period ended 30 June 2025, compared to AED 2.03 billion during the corresponding period in Bin Kalban, Vice Chairman and CEO of Dubai Investments, commented: 'Dubai Investments' performance in the first half of 2025 underscores the strength of its diversified portfolio and strategic focus on value-accretive sectors. Real estate continues to be a key contributor, supported by a stable rental portfolio and progress on high-potential development projects. At the same time, the Group's manufacturing businesses have benefitted from operational efficiencies and sustained demand, reinforcing their role as essential growth pillars.'OutlookLooking ahead, Dubai Investments remains focused on accelerating growth across its core sectors, particularly real estate and financial services. The second half of 2025 will see continued progress on key projects, with Asayel Avenue at Mirdif Hills entering the early construction phase following its groundbreaking in June 2025. The phased handover of villas at Danah Bay on Al Marjan Island, Ras Al Khaimah, is progressing steadily, reinforcing the Group's commitment to timely delivery and quality execution. The Violet Tower project in Jumeirah Village Circle (JVC) is progressing as scheduled, with approximately 26% of construction completed and an expected completion date in Q2 2026. The Follow-On Public Offering (FPO) of Al Mal Capital REIT reflects strong investor confidence and underscores the Group's long-term strategy to scale income-generating platforms, positioning the REIT for continued expansion across resilient sectors such as education, healthcare, and industrial real estate. With a robust pipeline and a clearly defined strategic direction, Dubai Investments is poised to broaden its market presence, enhance shareholder value, and deliver long-term sustainable returns.
Al Bawaba
an hour ago
- Al Bawaba
LG Introduces PuriCare AeroHit, a Compact Home Solution for Cleaner Air
LG Electronics (LG) is proud to unveil the LG PuriCare™ AeroHit in the UAE market, an advanced air care solution tailored to meet the needs of modern households in the region. Designed to seamlessly integrate into any living space, the AeroHit delivers outstanding indoor air quality while complementing the aesthetic sensibilities of UAE homes. With its cutting-edge purification technology, user-friendly features, and sleek, minimalist design, the AeroHit ensures both comfort and LG PuriCare AeroHit offers fresher, safer air for UAE homes with its Aero Series H Filter – a multi-layer 360-degree filtration system that effectively reduces dust particles, odors, viruses, and allergens. This advanced filter also absorbs various airborne pollutants, making it ideal for combating the unique environmental challenges of the UAE, such as desert dust and high humidity. Additionally, its Particulate Matter (PM) 1.0 sensor detects ultrafine dust particles as small as 0.01 micrometers, enabling real-time air quality monitoring. The AeroHit also automatically adjusts its purification performance to maintain optimal indoor conditions, ensuring clean air at all the importance of space efficiency in urban apartments and villas alike, the AeroHit boasts an ultra-slim, space-saving design that fits effortlessly into even the coziest rooms. Its muted matte finish harmonizes with a variety of interior styles commonly found in UAE homes, from contemporary to traditional. The integrated LED display provides intuitive control and real-time air-quality updates, offering convenience for busy the launch of the PuriCare AeroHit, LG reaffirms its dedication to providing advanced home solutions that cater to the unique lifestyle and environmental needs of UAE residents. Whether in a bustling Dubai apartment or a serene Abu Dhabi villa, the AeroHit is the perfect addition to any home seeking cleaner, fresher air. The LG PuriCare AeroHit is available now at LG's retail partners, outlets and online stores.
Al Bawaba
an hour ago
- Al Bawaba
Alkhabeer Capital Partners with AWRAAQ Digital to Launch Innovative Block Trade Negotiation System
Alkhabeer Capital, the financial institution specializing in Shari'a-compliant financial services and brokerage services, has announced the successful launch of a cutting-edge Block Trade Negotiation System, in strategic partnership with AWRAAQ collaboration underscores Alkhabeer's ongoing digital transformation journey and its commitment to enhancing execution efficiency, confidentiality, and compliance in block trade transactions. The newly integrated platform enables institutional and high-net-worth investors to negotiate large-scale transactions securely within private digital negotiation rooms—minimizing market impact and optimizing execution Saud Ghouth, CEO of Alkhabeer Capital, stated: 'Our partnership with AWRAAQ Digital reflects our vision for innovation and digital transformation. This system represents a qualitative leap in the execution quality of block trade negotiations and reinforces our position as a leading provider of advanced trading solutions.'Khalid Alruwaili, CEO of AWRAAQ Digital, added: 'We are proud to align our platform with Alkhabeer Capital's systems, paving the way for a unique technical solution that enhances the efficiency of block trades and supports the development of Saudi Arabia's financial market.'AWRAAQ Digital offers a robust, cloud-based infrastructure and digital trading solutions tailored for brokerage firms and financial initiative marks a significant advancement in Alkhabeer Capital's digital roadmap and reflects its commitment to delivering advanced trading experiences in line with the highest regulatory and confidentiality standards. Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority under License No. 07074-37 and headquartered in Jeddah, Kingdom of Saudi Arabia, with a branch in Riyadh. The Company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
