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iAccel Gulf Business Incubator joins forces with ERB to revolutionize the Fintech Industry in UAE

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  • iAGBI plays a pivotal role in fostering fintech innovation and collaboration in Dubai.
  • The financial sector in Dubai now accounts for approximately 10% of the emirate’s GDP.
  • ERB’s technology aims to bridge the gap between the UAE’s BFSI industry and its customer base.

iAccel Gulf Business Incubator (iAGBI), a prominent incubator based in Dubai, has announced its incorporation with ERB, a dynamic B2B2C Fintech financing broker catering to BFSI industry. The strategic alliance is poised to bring about an era of innovation and growth, aligning with Dubai’s D33 vision of becoming a global fintech hub.

With Dubai at the epicenter of fintech innovation, attracting substantial investments and growing at an unprecedented pace, the collaboration between iAGBI and ERB signifies a pivotal moment in the UAE’s financial evolution. iAccel GBI, a catalyst between the India-UAE Startup Corridor, is committed to identifying, enabling, and nurturing fintech startups across the UAE. Operating under Dubai SME, iAccel GBI, a part of DET (Department of Economy and Tourism) collaborates with different stakeholders across the UAE to propel the digital transformation of the financial sector.

Speaking about the incorporation, Deepak Ahuja, CEO & Co-Founder of iAccel Gulf Business Incubator said, “The UAE has consistently maintained a forward-thinking approach, readily embracing cutting-edge technologies. Given its business-friendly climate, we anticipate substantial growth in the UAE’s emergence as a fintech startup and entrepreneurial hub. I am certain that with innovative fintech concepts like ERB entering the scene, it will increase collaboration between the Indian and UAE startup ecosystems, while providing a robust platform for the seamless exchange of financial products in the B2B2C realm.”

As policymakers and industry leaders take a proactive approach to create an enabling ecosystem for fintech innovation, the financial sector in Dubai has now become a key driver of the emirate’s economy, contributing up to 10% of its GDP. This growth has been instrumental in attracting foreign investments, supporting the growth of MSMEs and promoting entrepreneurship.

“At iAccel GBI, we understand the unique challenges faced by fintech startups. Our comprehensive support ecosystem, which includes licensing, workspaces, mentorship, legal guidance, marketing, funding access, and an extensive investor network, will empower ERB to thrive in the UAE market,” said Shalabh Jakhetia, Managing Partner & COO, iAccel Gulf Business Incubator.

ERB’s technology is set to bridge the gaps between the UAE’s BFSI (Banking, Financial Services, and Insurance) industry and its customers. By providing full process automation, instant payouts, enhanced rate offerings, and a cross-selling engine, ERB enables financial distributors to optimize their operations, achieve cost savings, and drive tangible business growth.

Speaking about the expansion of ERB in UAE, Manish Aggarwal,  Founder & CEO, ERB Fintech Finance Broker said, “As a startup, our vision in the UAE is fuelled by the region’s vibrant entrepreneurial ecosystem and its open embrace of innovative fintech solutions. The UAE’s flourishing BFSI sector offers us the right product-market fit and a compelling opportunity to expand E-Revbay’s footprint. When it came to choosing the ideal launchpad, the iAccel Gulf Business Incubator stood out through its invaluable investor network and robust business support. It’s the perfect partnership for us as we embark on our global expansion journey in Dubai.”

With the combined strengths of iAccel GBI and ERB, the UAE’s fintech sector is poised for rapid growth and transformation. The incorporation is expected to further solidify Dubai’s position as a global fintech hub, attracting increased foreign direct investment and contributing significantly to the emirate’s ambitious economic targets for 2033.

Paprika Gourmet teams up with Talabat and Deliveroo to elevate culinary experience in Dubai

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  • This collaboration marks a significant milestone for Paprika Gourmet as it promises to redefine the culinary experience for customers across the city of Dubai.

Paprika Gourmet, a cloud kitchen in Dubai, is delighted to announce a significant collaboration with top food delivery giants, Talabat and Deliveroo. This partnership marks a turning point for Paprika Gourmet, making its delicacies more accessible to people living all across Dubai.

Paprika Gourmet has garnered widespread acclaim over the years for its delectable cuisine. With this newfound alliance, patrons can now effortlessly savor the exquisite offerings of Paprika Gourmet from the comfort of their own homes.

Vidisha Bathwal, Founder of Paprika Gourmet, expressed her excitement about the venture, saying, “Paprika Gourmet remains steadfast in its pursuit of delivering exceptional gourmet experiences to our clientele. Our collaboration with Talabat and Deliveroo highlights our unwavering dedication to expanding our reach and making our food accessible to a broader audience. This partnership will extend the horizons of our brand and allow foodies to indulge in the sublime flavors we have to offer.”

With the ease of a few taps on your smartphone, one can now partake in the luxurious delights presented by Paprika Gourmet, an experience that has been rendered exceedingly convenient. Whether one is in the midst of commemorating a momentous occasion or merely seeking to gratify their culinary cravings, the partnership between Paprika Gourmet and renowned food delivery services, Talabat and Deliveroo, guarantees a seamless experience.

You can find Paprika’s delicacies on Deliveroo here and Talabat here.

GLAZE unveils 3rd Sheikh Zayed Road Showroom, redefining luxury surfaces in Dubai

GLAZE Granite & Marble, the UAE’s largest marble importer, is excited to announce the opening of its third showroom, strategically situated on Sheikh Zayed Road in Dubai. This newest addition, following the success of existing stone galleries in Sharjah and Abu Dhabi, marks a significant milestone in GLAZE’s illustrious 25-year legacy. 

This new Dubai showroom showcases GLAZE’s commitment to providing an extensive range of surface solutions, catering to the diverse needs of kitchen countertops, flooring, bathrooms, and exterior and interior wall cladding.

Notably, the Dubai showroom highlights top brands in sintered stone, porcelain, and engineered quartz solutions for countertops, flooring, and wall cladding. The showroom proudly features industry leaders like NeolithXTONE by Porcelanosa, and KoZo Porcelain, all available in large format slabs to facilitate seamless design and align with current market trends.

GLAZE Granite & Marble also introduces a luxurious selection of engineered quartz countertops, featuring renowned brands- CaesarstoneCoante, and KoZo Quartz. This addition elevates the showroom into a super luxury destination for countertop and flooring solutions. 

The showroom is an exquisite display of GLAZE’s core products, and natural stones, including marble, granite, quartzites, and onyx. These premium natural stones are meticulously handpicked from the finest quarries in Italy, Spain, Greece, Portugal, and Brazil. 

The showroom’s standout attraction is the semi-precious stone collection, featuring- MaerCharme, a renowned European luxury brand.

With over 500 designs of Natural stones and top brands of engineered stones (Neolith, Xtone, Caesarstone, Coante) on display, GLAZE asserts its dominance in the region’s surface solutions market. The showroom becomes the definitive one-stop destination for all types of flooring, wall cladding, and countertop solutions.

What sets this showroom apart is its artistic presentation of sintered stones, porcelain tiles, and natural stones in various applications, enabling visitors to witness firsthand how these materials can enhance the aesthetic appeal of any space.

For more information on GLAZE’s comprehensive product range and the showroom’s location, please visit- https://www.glaze.ae

UNTOLD – Dubai’s 1st Mega Festival Set to Ignite Expo City Dubai from February 15th to 18th with 70,000 Festivalgoers Expected Per Day  

Running from February 15th to 18th and jam-packed with some of the top artists from across the world, this musical extravaganza is not to be missed  

First 5,000 Early Bird tickets will go on sale on October 3rd with special prices starting from AED500 for 4-day General Access tickets instead of the final price of AED1,500, and will only be available to people who pre-register at www.untold.ae  

Get ready to mark your calendars for the most anticipated musical event of 2024. Dubai is about to experience the extraordinary cultural phenomenon UNTOLD Music Festival, renowned worldwide for its epic performances, making its Middle East debut at Expo City Dubai from February 15th to 18th, 2024. The first round of 5,000 tickets for those 4 days and 4 nights of magic will be going on sale on October 3rd, available to everyone who registers at www.untold.ae. Expecting over 70,000 attendees per day and over 280,000 in 4 days, the festival, presented in partnership with Expo City Dubai, will be an all-encompassing cultural experience, featuring genres ranging from pop and R&B to house, techno, hip-hop, and more. 

UNTOLD FESTIVAL IS IN THE TOP 3 FESTIVALS IN EUROPE, ALONGSIDE TOMORROWLAND AND GLASTONBURY 

The sensational festival is keeping the artist line-up under wraps for now, but rest assured, it will be nothing short of mind-blowing. With UNTOLD Europe having just recently finished, some of the biggest names in the music industry who graced the stage this year included Imagine Dragons, David Guetta, Armin Van Buuren, Bebe Rexha, DJ Bliss, Martin Garrix, Steve Aoki, Camelphat, Tale Of Us, Years & Years, and many more, with Dubai’s edition expected to witness a similar calibre of incredible artists. This year, UNTOLD Europe, the European festival that put Romania on the global map of events is in the top 3 festivals in Europe, among Tomorrowland and Glastonbury. The unique experience, UNTOLD Europe ranks 6th place in the world in the Top 100 Festivals made by DJ Mag, along with Tomorrowland, Ultra Miami, Glastonbury, EDC Las Vegas, and Coachella.  

UNTOLD Europe has already established itself as an iconic brand in the entertainment industry with a history of delivering unforgettable experiences. With over 200 international artists annually and over 400,000 festivalgoers per edition, UNTOLD Europe has captivated audiences with its unique blend of music, culture, and awe-inspiring performances, and the inaugural UNTOLD Dubai is sure to boast the same level of excitement.  

Those who have registered early are first in line to receive a special price for the 4-day General Access, which will be priced at AED500 instead of the final price of AED1,500, while for an upgraded experience attendees can opt for the early bird 4-day VIP passes for just AED1,200 instead of the final price of AED2,500. With a range of other packages, experiences, and accommodation options available through www.untold.ae, concertgoers will be spoiled for choice all throughout the mega festival.  

The stunning Expo City Dubai, the new home to UNTOLD Dubai, will be the cultural backdrop for this grand event. Combining the vibrant city of Dubai with the spectacular immersive experiences of Expo City Dubai, the legacy city of the World Expo that attracted over 24 million global visitors, this festival promises to be a once-in-a-lifetime experience. 

Dubai’s multicultural identity makes it the ideal host for UNTOLD Dubai, a festival that continues to captivate fans worldwide. With the next chapter of the UNTOLD story unfolding in Dubai, prepare for a weekend of pure musical magic, where dreams come alive and dancefloor revelry knows no bounds. 

Supported by Dubai’s Department of Economy and Tourism and in partnership with Expo City Dubai, UNTOLD Dubai is set to be the highlight of Dubai’s music calendar and more than just a festival. Expect a fascinating movement filled with lights, fireworks, laser shows, and, most importantly, unrivalled music. The event will also be a key highlight of Dubai Calendar, the official listing platform for events in the city. 

Be among the first to secure your spot for UNTOLD Dubai! Register now to get exclusive access to UNTOLD Dubai on the official website and follow UNTOLD Dubai on Instagram to stay posted. This will be the definitive musical event of 2024, an experience you won’t want to miss!  

Stay tuned for updates and get ready to witness history as Dubai’s First Mega Music Festival takes centre stage in February 2024. 

Festival Dates: February 15th to 18th, 2024 

Tickets on Sale: October 3rd  

Early Bird Ticket Prices: Early Bird 4-day General Access passes for AED500 per person; Early Bird 4-day VIP passes for AED1,200 per person  
Regular Ticket Prices: 4-day General Access passes for AED1,500 per person; 4-day VIP passes for AED2,500 per person  

*Only 5,000 tickets available in the first round of early bird sales  

*Early bird tickets only available to those who register via www.untold.ae before October 3rd  

Accommodation packages available on untold.ae 

Where to Find Dubai’s Biggest Burger?

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Introducing Monsta Burger: The Ultimate Foodie Adventure at Millennium Place Barsha Heights

The M One restaurant in Barsha Heights challenges food lovers to a 10 KG burger battle in one sitting!

Get ready for the ultimate foodie adventure! Millennium Place Barsha Heights proudly presents the Monsta Burger- an epic feast that’s as big as your appetite. Available everyday from 12:00 PM to 10:00 PM.

Here’s the deal: for just AED 799, you and your friends can dive into a colossal 10-kilogram Monsta Burger, plus 1 kilogram of fries and your favorite drinks. A meal designed to share with friends. Enjoy the juicy tender beef boasting the perfect blend of angus beef, aged yellow cheddar cheese, signature caramelized onion spread, tantalizing your taste buds with each bite. Marinated in spices and seasoned fries with creamy dips and refreshing drinks, the burger isn’t just a Monsta, it’s an explosion of flavour. 

Just book 48 hours in advance, to get your massive meal ready, and if you and four friends can devour this Monsta in one sitting, the entire meal is on the house! 

Don’t have a massive crew and up for a better challenge? Try our Jr. Monsta Burger, a 5-kilogram delight with fries and drinks, all for only AED 469. Finish it with a friend, and your meal is free!

“We’re thrilled to relaunch the Monsta Burger experience,” commented Glenn Nobbs, the General Manager of Millennium Place Barsha Heights. “Dubai is known to have the biggest & the best… we have the World’s Tallest Tower, the Largest Man-made Marina, so why not one of the biggest burgers for the biggest appetites in town? And they’re not just burgers; they are a delicious feast to enjoy with friends and a challenge all at once. Foodies all over the UAE will get a thrill from the experience and enjoy the incredible flavours. Plus, it’s free if you complete the challenge which would be an amazing feat!”

The M One Restaurant in Millennium Place Barsha Heights is your go-to spot for incredible food experiences like this one. Whether taking on the colossal Jr. Monsta, the Monsta Burger Challenge or opting for one of the flavourful buffet theme nights any day of the week, it’s all about enjoying fantastic food with great friends.

To book (48 hours in advance), please email: restaurants.mpbh@millenniumhotels.com or call +971 58 606 0831.

Coke Studio Live Returns to Dubai’s Coca-Cola Arena

The stage at Coca-Cola Arena is set to ignite once again with the highly-anticipated second edition of Coke Studio Live. Over ten talented artists are warming up their vocal cords for an unmissable night of music and entertainment on 25 November.

Following the tremendous success of last year’s inaugural event, the 2023 edition promises an unforgettable experience that’s bigger and bolder, curated once again, by the visionary producer Zulfiqar (Xulfi) Jabbar Khan.

Coke Studio Live offers UAE fans the opportunity to witness performances by some of South Asia’s legendary artists and emerging talents as they perform contemporary covers, experimental remixes and genre-spanning originals that have taken the world by storm.

Coca-Cola’s dedication to delivering magical moments through music continues to shine, with Coke Studio Live embodying the essence of a true Coca-Cola experience matching the vibrant entertainment scene of the UAE. The event’s overarching goal is to unite individuals from different nationalities and walks of life through a shared love for music.

The 2023 lineup of musicians gracing the stage for Coke Studio Live UAE will be officially announced soon, promising another sensational rendition. Fans are invited to register for a special Coca-Cola Arena pre-sale until September 28th to be the first to get their tickets. Pre-sale will open on Friday 29th September at 10:00am GST ahead of the general on-sale on Tuesday 3rd September at 10:00am GST. Fans can register now to secure their tickets at coca-cola-arena.com.

COKE STUDIO™ is a disruptive global music platform that brings the most exciting emerging and breakthrough artists from all corners of the world together to create ‘Real Magic’ – music collisions that transcend geographical borders, backgrounds and music genres to reach audiences around the world.

Coke Studio launched in 2008 in Pakistan and has been bringing together some of the finest singers, musicians and composers and launching musical careers. Ali Sethi and Shae Gill’s ‘Pasoori’ and ‘Peechay Hutt’ by Hasan Raheem, Justin Bibis and Talal Qureshi, both part of Coke Studio Season 14, became global hits after featuring in the Ms. Marvel TV series. With over 4 billion online viewers and an impressive 23 million across social media platforms, Coke Studio has firmly established itself as the go-to destination for music enthusiasts seeking exceptional performances and fresh tracks from some of the most outstanding artists.

Dubai Offshore Sailing Club to host prestigious IRC Middle East Championships in December 2023

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The Dubai Offshore Sailing Club (DOSC) is excited to announce its prestigious role as the host of the annual IRC Middle East Championships.  This will be held on the weekend of the 16th and 17th of December, 2023.  

IRC is the globally-recognised performance rating system which allows keelboats of all shapes and sizes to compete against each other at an equal level.  It is used in many of the most prestigious yacht racing events around the world.

Following the success of the first ever IRC Middle East Championships, held in December 2022 and noted for its spirited competition and sportsmanship, the opportunity to host it again serves as a testament to DOSC’s commitment to nurturing a diverse range of sailing talents and promoting an inclusive atmosphere for sailing enthusiasts from various disciplines.

“Whilst the majority of participating boats this year are anticipated to originate from DOSC, we are hopeful that this event will begin to yield an increased regional presence in the IRC fold in the years to come,” stated Ed Shiffner, Rear Commodore at DOSC. “By elevating the stature of the IRC Middle East Championships and the IRC rating system, we are working to promote an equal and fair sporting environment where sailing enthusiasts from around the world not only feel welcome to join this friendly regatta, but also other racing events that DOSC hosts throughout the season. The IRC Middle East Championships is the cornerstone of creating a tradition of competitive keelboat sailing excellence in the UAE.”

        
The IRC Middle East Championships, together with the upcoming SB20 World Championships and the 31st edition of the annual Dubai to Muscat Race, demonstrate how Dubai is the centre of modern keelboat sailing within the Gulf region. DOSC plans to develop events such as these in future years to welcome more international sailors from around the world to the UAE’s shores.

As the December weekend draws near, DOSC extends a cordial invitation to sailing enthusiasts, supporters, and the community at large to witness and participate in the IRC Middle East Championships.

For further details about the IRC Middle East Championships, as well as other sailing events at DOSC, please visit www.dosc.ae or reach out to administration@doscuae.com.

5 days until Dubai Miracle Garden opens

As winter approaches in Dubai, the much-loved family attraction, the Dubai Miracle Garden, is set to welcome visitors once again on October 1st, following its summer closure. Spanning an impressive 72,000 square meters, it holds the title of the world’s largest natural flower garden, boasting a staggering 150 million flowers representing over 120 different varieties.

Now in its twelfth season, the garden features intricate topiary displays and numerous award-winning floral arrangements, some of which have earned Guinness World Records. Notable among them are a record-breaking Emirates A380 and an 18-meter tall floral rendition of Mickey Mouse, marking the first Disney character display of its kind in the Middle East. 

Additionally, the garden undergoes a magical transformation at night, with illuminated sculptures adding to its allure. Entrance fees are set at AED75 for adults,AED60 for children aged three to 12, and free for youngsters under three years old.

Abu Dhabi Sports Council introduces Baja Challenge for motorsport enthusiasts

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The Emirates Motorsports Organisation (EMSO) and the Abu Dhabi Sports Council (ADSC) have joined forces to launch the Abu Dhabi Baja Challenge. On October 14, 2023, a brand-new community championship is scheduled to begin, adding an exciting new chapter to Abu Dhabi’s illustrious racing heritage. It supports the work of ADSC to improve athletes’ abilities in a variety of sports.

Four rounds will make up the championship, with the first two taking place in October and December of this year and the other two in early 2024. The event is part of the Abu Dhabi 360 project, which supports an active lifestyle and provides participants discounted registration costs. The Abu Dhabi Baja Challenge also seeks to develop potential and serve as a springboard for occasions like the famed Abu Dhabi Desert Challenge (ADDC), which is renowned for its top-notch rally-raid contests.

By joining other prominent events like the ADDC and the Formula 1 Etihad Airways Abu Dhabi Grand Prix, this project deepens the partnership between the ADSC and EMSO even further. The Abu Dhabi Sports Council’s Aref Al Awani expressed excitement for the start of the Abu Dhabi Baja Challenge series for the 2023–2024 season.

Resale prices of iPhone 15 models soar up to AED10,000 online

There has been a huge increase in demand for the new model since the iPhone 15 was just released in the UAE. A few customers spent about AED200,000 at stores in Dubai, some of whom bought numerous smartphones. Prices for the iPhone 15 variants originally varied from AED3,399 to AED6,799.

On classified websites like Dubizzle, many purchasers are currently reselling their iPhones in an effort to capitalise on the increased demand. New iPhone models are frequently resold not long after they go on sale. Even imported phones from foreign markets are available from some vendors.

For instance, a vendor who imported the iPhone 15 Pro Max 1TB from Hong Kong is selling it online for AED9,980, even though Apple outlets in the UAE charge AED6,799 for it. Compared to iPhones imported from other nations like China or Japan, phones initially intended for the UAE market typically fetch higher resale prices.

Prices for the Pro Max 256GB, which costs AED5,099 at Apple shops, are almost 40% higher on various classified websites, with postings ranging from AED5,300 to AED7,200. Other variants, including the Pro 512GB and Pro 256GB, have comparable markups. The scarcity of these brand-new handsets is being taken advantage of by buyers to increase resale prices.

Image Credit: Lifestyle Asia HongKong