Colors: Blue Color

JGroup, a regional holding company with a vast portfolio of subsidiaries and investments across the Middle East, Europe, Asia, and the United States, today announced a strategic partnership with Xentrix Global, an international media planning and buying agency in the Middle East. JGroup has acquired a majority stake in Xentrix Global to create a more dynamic entity that will penetrate new markets more effectively at a much faster pace in the new post-pandemic world.

Lufthansa Technik Middle East (LTME) and Sanad , the global aerospace engineering and leasing solutions leader wholly-owned by Mubadala Investment Company PJSC (Mubadala), has signed a Technology Collaboration Agreement to develop innovation and technology solutions to digitalize Maintenance, Repair and Overhaul (MRO) operations within the aviation industry.

UD Trucks has launched Euro 5 versions of its popular Quester and Croner trucks in the region for the first time. The new trucks feature significant upgrades to minimise their environmental impact, improve efficiency and uptime, increase profitability, and optimise the Total Cost of Ownership (TCO), all without compromising the benefits offered by the previous models.

COFE App, the online coffee-centric marketplace announced a regional partnership deal with MBC GROUP today. The strategic partnership will see the MENA’s largest and leading media group support the digital application in achieving its ambitious growth strategy through MBC’s channels, digital platforms and events. While the network will play a crucial role in adding scale and visibility to COFE’s impressive growth trajectory, this deal will also give MBC investment priority in COFE App’s future funding rounds.

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