Marhaba folks! 🌟

Today we will discuss,

• Good day! 🌟 Today's edition covers some exciting developments from Dubai's latest media venture to Mubadala's strategic investment in the fintech sector, and OMNIYAT's bold new luxury real estate project. Let’s dive in and explore the key updates from across the region.

1️⃣ Dubai Establishes Mada Media Company to Boost Advertising Operations 📢

In a move to enhance advertising operations in Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a new law establishing Mada Media Company.

📰 What is it about?

• Dubai forms Mada Media Company to manage advertising sites across the emirate.

• This PJSC will oversee advertising spaces, research, and invest in ad technology.

💡 Why it matters?

• The company aims to streamline advertising in Dubai, aligning with urban development goals.

🔜 What’s next?

• Mada Media will collaborate with the RTA and Dubai Municipality to handle advertising permits and assets.

📈 Markets

 2️⃣ Mubadala Takes Stake in Fintech Giant Revolut as Part of $500M Deal 💸

Abu Dhabi’s Mubadala Investment Company acquires a stake in London-based fintech giant, Revolut, signaling its commitment to fintech investments.

📰 What is it about?

• Mubadala joins other investors in a $500 million share sale, valuing Revolut at $45 billion.

💡 Why it matters?

• This move highlights Mubadala’s growing interest in European fintech ventures and reinforces its position in the sector.

🔜 What’s next?

• Revolut continues its global expansion with 45 million customers and crucial regulatory licenses, including a UK banking license.

Quote of the day
“Satisfaction lies in the effort, not in the attainment, full effort is full victory.” – Mahatma Gandhi ❣️ 

3️⃣ OMNIYAT Unveils Luxury Real Estate Venture "BEYOND" 🏙️

OMNIYAT announces a new luxury real estate project, BEYOND, located on Dubai’s Jumeirah coastline.

📰 What is it about?

• OMNIYAT introduces an 11-million square feet development, with 8 million dedicated to luxurious homes.

💡 Why it matters?

• BEYOND is set to redefine luxury urban living, combining nature, innovation, and opulence.

🔜 What’s next?

• Partnering with Dubai Maritime City, OMNIYAT aims to create a landmark project with cutting-edge amenities.

In other news…

1. Noon Food Hires UAE’s First Female Driver

2. Dubai AI and Web3 Festival concluded with great insights.

3. Abu Dhabi’s Hub71 welcomes 21 new startups in cohort 15.

4. Huawei’s trifold phone which “everyone can think of but could not make.”

5. Majid Al Futtaim’s Aaouda program to help Emirati women make career returns.

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