United Arab Emirates news and archive

Spanish entrepreneurship in Dubai: Montroi

Invited by the Dubai Fashion Week organisers, FashionUnited travelled to the most cosmopolitan emirate of the United Arab Emirates. We wanted to discover how fashion is experienced there and to understand the social, business, commercial and economic realities attracting a growing number of foreigners and international brands. These brands and...

Member

Business

Multiply Group completes acquisition of Tendam, will drive growth using AI as a lever

Multiply Group, an investment holding company based in Abu Dhabi, completed the acquisition of a 67.91 percent stake in Tendam, a Spanish fashion multinational, on 23 July 2025. Tendam owns brands such as Cortefiel, Springfield, and Women’secret. The transaction values Tendam at approximately 1.3 billion euros (5.6 billion UAE dirhams), with...