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Maisour Partners with IIFA Awards 2024; Meteora Developers Joins IIFA Utsavam

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Maisour, a leading crowdfunding platform specialising in fractional ownership of Dubai real estate, Thursday announced a landmark collaboration with the International Indian Film Academy (IIFA) Awards as the investment partners for the highly anticipated IIFA Weekend & Awards 2024. This agreement, a first-of-its-kind in the 23-year history of the annual film awards ceremony, marks a significant milestone for Maisour and Meteora Group as they align themselves with one of the most prestigious global celebrations of Indian cinema. As part of the understanding, while Maisour will partner with both IIFA Utsavam and IIFA Awards this year, Meteora Developers, one of Dubai’s leading real estate developers will partner with IIFA Utsavam, the South India focused chapter of the annual IIFA Festival.

Praveen Sharma, Group CEO & Partner of Maisour & Meteora Group, expressed his excitement about the association, by saying: “This collaboration marks the start of a monumental chapter, especially for Maisour. As a crowdfunding platform for fractional ownership in Real Estate in Dubai, we are absolutely thrilled to have partnered with a global platform like IIFA that unites and celebrates the best of Indian cinema in what is a dazzling showcase of stardom. This highly anticipated cinematic extravaganza in Abu Dhabi sets the perfect stage for this partnership.”

The IIFA Festival 2024, taking place from September 27 to 29 at Yas Island, Abu Dhabi, promises to be a spectacular event. This year’s festival, held under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, and in partnership with the Department of Culture and Tourism – Abu Dhabi and Miral, will feature a dazzling line-up of events that includes the NEXA IIFA Utsavam Awards, the NEXA IIFA Awards, and Sobha IIFA Rocks.

“At Maisour, we champion creativity and innovation while making Real Estate investment in Dubai affordable in helping create a lasting legacy for millions, starting from AED 500, thus seamlessly resonating with the iconic positioning of the IIFA Awards. Together, we aim to elevate the fan engagement and offer them opportunities for investment and excellent returns,” added Sharma, who co-founded Meteora Developers with his Jordanian partner, Omar Al Amour, early last year before going on to carve a niche for themselves in the real estate market, selling out their first four projects – The East Crest, 7 Park Central, Vita Grande and Park Boulevard.  “This collaboration represents a new chapter in Maisour’s mission to make real estate investment in Dubai more accessible and impactful through cutting-edge technology and a global platform,” Sharma added.

With Maisour’s involvement, the partnership highlights the intersection of cinematic brilliance and innovative real estate investment opportunities, allowing fans and investors to experience and engage with both worlds.

This year’s IIFA Awards are happening on September 28 and will see superstar Shah Rukh Khan and filmmaker-producer Karan Johar share the stage as hosts. The awards night will see the who’s who of Indian cinema including Rekha, Shahid Kapoor, Vicky Kaushal, Prabhu Deva, Rana Daggubati, Raashi Khanna,  Janhvi Kapoor and others, lighting up the stage with their electric performances.

Announcements

August fuel rates announced: UAE petrol prices go up

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UAE motorists will pay more at the pump from Saturday after the UAE Fuel Price Committee announced higher petrol and diesel prices for August 2026.

The revised rates, which take effect from August 1, are:

  • Super 98: Dh3.60 per litre (up from Dh3.40)
  • Special 95: Dh3.49 per litre (up from Dh3.29)
  • E-Plus 91: Dh3.41 per litre (up from Dh3.21)
  • Diesel: Dh3.80 per litre (up from Dh3.60)

The increase reverses July’s price reduction and comes after volatility in global oil markets during the past month.

The UAE Fuel Price Committee reviews retail fuel prices at the end of each month, with rates determined in line with movements in international oil markets.

The new prices will remain in effect throughout August 2026.

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UAE’s Jaywan card can now be used for online shopping on thousands of websites

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Online shopping with the UAE’s Jaywan card just got a major upgrade.

Network International has announced that Jaywan cardholders can now use their cards to pay on thousands of online stores connected to its payment gateway, expanding the domestic payment scheme beyond in-store purchases.

The move is expected to make online payments faster and more convenient while supporting the UAE’s push towards a cashless economy.

What is Jaywan?

Launched by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan is the country’s domestic payment card scheme.

It was introduced to provide a secure local payment option, reduce transaction costs and strengthen the UAE’s digital payments ecosystem.

Until now, Jaywan cards were mainly accepted for in-store purchases. With the latest expansion, cardholders can also use them for online shopping across thousands of merchants powered by Network International.

What this means for shoppers

For UAE residents, the update means more flexibility when shopping online.

Whether you’re ordering groceries, booking services or buying products online, you’ll be able to use your Jaywan card anywhere that supports Network International’s payment gateway.

The company says the integration offers secure, fast and seamless online payments, while merchants won’t face additional charges for Jaywan transactions processed through its platform.

A step towards a cashless UAE

The expansion is part of the UAE’s broader strategy to accelerate digital payments and reduce reliance on cash.

By making Jaywan available both in stores and online, payment providers are helping create a more connected digital payment ecosystem for businesses and consumers alike.

As more banks, merchants and payment providers adopt the scheme, residents can expect to see Jaywan accepted across even more everyday payment services in the future.

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Dubai Chambers launches one-stop digital platform to help businesses start, grow and expand

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Starting and growing a business in Dubai is set to become easier with the launch of Business in Dubai, a new digital platform by Dubai Chambers that brings together essential corporate services in one place.

Designed as a single gateway for companies, the platform connects businesses with trusted service providers, helping them access everything from financial solutions to technology, marketing and certification services without having to navigate multiple channels.

The initiative aims to simplify business operations while strengthening Dubai’s position as one of the world’s most competitive destinations for investment and entrepreneurship.

What does the platform offer?

The Business in Dubai platform currently provides 65 corporate services through seven accredited partners, offering companies a wide range of support as they establish or expand their operations in the emirate.

The services are grouped into four key categories:

  • Financial services
  • Marketing and business growth services
  • Technology services
  • Testing, inspection and certification services

The current network of partners includes ZENDATA Cybersecurity, FAST Ventures, Mamo, OCTA, SGS Gulf Limited, Vault, and Pemo.

Helping businesses grow

Dubai Chambers said the platform has been designed to save companies time and resources by bringing multiple business services under one digital roof.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the initiative reflects the organisation’s commitment to creating an environment that supports business growth both locally and internationally.

He said the platform will strengthen Dubai’s investment ecosystem by making it easier for companies to access the services they need to scale their operations and contribute to the emirate’s long-term economic development.

Boost for the digital economy

Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said the platform will particularly benefit businesses operating in the digital economy by simplifying access to trusted service providers.

He added that the initiative creates a more flexible and efficient business environment, enabling entrepreneurs and companies across different sectors to focus on growth rather than administrative processes.

A single digital gateway

By consolidating key business services onto one platform, Dubai Chambers aims to reduce the time and effort companies spend searching for service providers, allowing them to concentrate on innovation, expansion and day-to-day operations.

The launch forms part of Dubai’s wider efforts to strengthen its business ecosystem and reinforce its position as a leading global hub for trade, investment and entrepreneurship.

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