United Arab Emirates news and archive

Spanish entrepreneurship in Dubai: ICEX recommendations

Following FashionUnited’s interviews with the Spanish founders of Dubai-based fashion and lifestyle brands Montroi and Coma, we now flip the coin on Spanish entrepreneurship in the emirate to focus our attention on how to start a business in Dubai from outside its borders. For this journey, we have the invaluable guidance of ICEX, the public...

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Business|Interview

Spanish entrepreneurship in Dubai: Coma

Continuing our series of publications on Spanish entrepreneurship in Dubai, following the interview with Enrique Hormigo, founder of Montroi, we now turn our attention to Coma. This Dubai-based fashion brand, boasting entirely local production within the emirate, was co-founded by Spaniards Mercedes Valencia and Cristina Alcedo. From Dubai to...

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Business|Interview

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...

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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...