News
Mining insights from Data
Pegasys is a Big Data solutions company and is based out of the UAE. It is also part of the DarkMatter group which is a leading UAE based integrated digital defence and cyber security consultancy and implementation firm. Peng Xiao, CEO of Pegasus discusses the company’s focus.
Where is Pegasus based and discuss the relationship with DarkMatter?
Pegasus is a UAE-based software technology company with a global presence. Our headquarters is in Abu Dhabi and we are two years old. Pegasus is a company in which DarkMatter has invested and is part of the DarkMatter ecosystem. We collaborate in Business and technologies.
What are your focus areas?
We are focused on building Big Data applications and providing actionable intelligence to help solve real world problems. Our approach to building solutions is letting our experts work on the ground right next to you to leverage your data asset in pursuit of your organization’s mission.
We build our solutions on open source technologies such as Hadoop, Spark etc and others that have been popularized by Silicon valley through their efforts in building up Big data solutions.
We are focused on the market in the UAE and the rest of the Middle East. We have deployments in Abu Dhabi, also in Dubai and have built up good references.
Discuss how your solutions could work with DarkMatter’s areas of interest?
Big Data could be seen as a horizontal theme solution that cuts across all streams of focus for DarkMatter. For instance, I believe it is like a unifying theme that brings everything together since data is the underlying asset in cyber security, whether it is secured communications or cybersecurity operations. So we believe this will be an important area of focus for DarkMatter.
Comment on key verticals you are focusing on?
Our main focus in terms of verticals is smart city and cybersecurity for IoT. Smart city initiatives are starting at the government level, at the central core where policy frameworks are set in place. Ultimately, it links and cover all different industries and citizenry as services. So smart city is an important area of focus for Big Data. Another significant area of focus is cybersecurity and with IoT coming in, it will widen the surface of attack. IoT will bring a sea change to how we work with data. There is a need to analyze every activity and to convert into actions that are increasingly critical.
What are underlying factors fundamental for Big data deployments?
I believe the success of Big Data rests on customization and understanding the origin. For instance Data in the UAE will look very different from say in the US and not because of difference in language but because of formats, usage at the end user level etc. Within smart city initiatives in the region, you have different projects. For instance you to build different solutions for different domains such as for traffic management with RTA, parking fines with Dubai Police, energy management with DEWA etc. they are all separate challenges. In the end you have to build a connect between these separate deployments that enables a central view, which is the ‘holy grail’ as far as Big Data deployments are concerned.
Are Big Data deployments generally of a longer term scale?
There are longer term projects and there could be short term opportunities. For instance, if Smart Dubai is working on ‘Happiness project’ which is a longer term project or partnership but if there is a requirement to ingest some data from social media that could be addressed quickly through a utility plug in tool. Different areas of analytics require different tool sets- some are short term and some long term.
How big is the team? Do you have operations in other countries?
Pegasus has over 100 employees. Most are based here but we also have presence in the US, China and Belarus. So we are globally distributed and leveraging the talent from different locations.
What advantages do you think you present over other global vendors?
We are building a model that will benefit the UAE and the region. We are native to the region and close to understand unique customer requirements. We are agile and are open source based; we don’t miss out on anything in our offerings which are competitive and customized. Based on the success of our platform, we could also go global in some time.
Financial
Dhruva to Rebrand as Ryan Across the Middle East, Signaling Unified Global Brand
Dhruva will adopt the Ryan brand across the UAE and Saudi Arabia by the end of 2026, uniting the practice with Ryan’s global identity and international platform.
Dhruva, a leading tax consultancy firm in the Middle East, and Ryan, a leading global tax services and software provider, today announced that Dhruva will transition to the Ryan brand across the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia. The rebranding will be completed by the end of 2026, bringing the practice under Ryan’s global identity and reinforcing its position as part of the world’s leading global-scale specialist in business tax.
The transition marks the next phase of the strategic joint venture announced in 2025 and reflects the continued integration of Dhruva’s regional capabilities with Ryan’s global platform, technology, and international resources. Clients across the Middle East will continue to benefit from the same trusted advisory teams, enhanced by access to Ryan’s worldwide expertise and service capabilities.
“The Middle East has been a strategic growth market for us for many years, and we have built a strong advisory practice founded on deep client relationships, technical excellence, and local market understanding,” said Dinesh Kanabar, Founder, Chairman, and CEO, Dhruva Advisors and Vice Chairman, Ryan.
“The transition to the Ryan brand marks a significant milestone in our journey and reflects the strength of our partnership. By combining our regional expertise with Ryan’s global scale, technology, and international capabilities, we are creating an even stronger platform to support clients across the region as they navigate an increasingly dynamic and evolving tax landscape.”
“The Middle East is one of the most important growth markets for tax advisory services globally, and we are investing in the region with a long-term view,” said Tom Shave, President of Ryan’s European and Asia-Pacific Operations. “Uniting under the Ryan brand strengthens how we serve clients across the UAE, Saudi Arabia, and Europe—bringing seamless access to our global expertise, technology, and international resources through one trusted platform. This transition marks an important milestone in our integration and reinforces our commitment to the region’s future.”
Ryan will continue to invest in its Middle East operations, expanding its team, capabilities, and regional presence across key markets, including Dubai, Abu Dhabi, and Riyadh. The practice provides comprehensive tax advisory services spanning corporate tax, value-added tax (VAT) and indirect tax, transfer pricing, mergers and acquisitions (M&A) tax structuring, research and development (R&D), and cross-border compliance.
“The response from our clients over the past year has been the clearest validation of this partnership,” said Nimish Goel, Leader, Middle East, Dhruva, a Ryan Affiliate. “From the outset, our teams have been integrating Ryan’s global capabilities in technology, specialized expertise, and best practices into the work we already lead in the region. Adopting the Ryan brand is the natural next step. It is the same people and the same trusted relationships, now carrying the name of the largest Firm in the world dedicated exclusively to business taxes.”
The rebranding will be implemented in phases during the second half of 2026, with signage, visual identity, and digital properties transitioning to the Ryan brand across the region.
News
GFH Partners Manrre REIT (CEIC) PLC and Palmon Group unveil new temperature-controlled chemical warehouse in JAFZA
GFH Partners Manrre REIT (CEIC) PLC (“Manrre” or “the Fund”), managed by GFH Partners Ltd. (“GFH Partners”), together with its development manager Palmon Group FZCO (“Palmon Group”), today announced the opening of a specialised temperature-controlled chemical warehouse in Jebel Ali Free Zone (Jafza), further expanding the Fund’s Grade A logistics portfolio.
The inauguration ceremony was held in the presence of Mr Abdulla Bin Damithan, CEO and Managing Director, DP World GC, alongside senior officials and dignitaries from Jebel Ali Free Zone, GFH Partners, and Palmon Group.
Purpose-built and developed by Palmon Group to meet stringent international safety and compliance standards, the new facility reflects the rising regional demand for certified chemical storage infrastructure that supports manufacturing, energy, industrial services, and third-party logistics. The warehouse is situated on a 180,000sq ft plot with a built-up area of 112,000 sq ft, divided into three temperature-controlled chambers that reach a maximum height of 13 metres. The warehouse has been designed with advanced Early Suppression Fast Response (ESFR), and in-rack sprinkler systems to ensure safety and resilience across all operations.
The facility’s layout allows storage of a diverse range of hazard-classified chemicals. One chamber is configured for UN Class 3 and 4 chemicals, a second accommodates UN Class 5 chemicals, while the third has been developed for UN Class 6, 8, 9 and non-regulated materials. The warehouse offers capacity for 17,400 pallets and includes nine loading docks and three loading bays. The office space has been intentionally limited to three percent of the total built-up area, maximising operational efficiency and warehouse utility.
Speaking on the launch, Kunal Lahori, CEO of Palmon Group and Board Member of Manrre, said: “This new facility brings together precision engineering, regulatory compliance, and long-term value creation. Specialised chemical storage requires a high degree of control and risk management, and we have developed this warehouse to meet those expectations while offering flexibility and scalability for tenants. As one of the earliest developers in Jafza, Palmon Group remains committed to supporting the UAE’s logistics and industrial growth.”
Mohamed Ali, Head of GCC at GFH Partners, said: “The opening of this warehouse marks another important milestone in the expansion of the GFH Partners Manrre REIT portfolio, particularly in mission-critical industrial and logistics assets that serve high-growth sectors. The UAE continues to see strong demand for specialised storage solutions, and this facility reinforces our strategy to develop resilient, future-ready assets that deliver long-term value for our investors.”
The logistics hub is now fully operational and is leased to Safe Logistics. The new facility is expected to play a significant role in strengthening regulated supply chains and supporting Dubai’s position as one of the region’s foremost logistics and industrial hubs.
News
Big Ticket joins DP World ILT20 Season 4 as Official Partner
Big Ticket, the largest and longest-running guaranteed raffle draw in the Middle East (known for cash prizes, dream luxury cars, gold bars and coins) has joined the DP World International League T20 Season 4 as an Official Partner.
In recent years, Big Ticket has become more than just a raffle, it has gained the reputation of being a brand built around rewarding dreams and celebrating ambition, growing into one of the region’s largest and one of the most anticipated monthly draws in the UAE.
DP World ILT20 – the 34-match cricketing extravaganza – the biggest T20 tournament in the region featuring some of the most renowned global cricket stars is currently being played at the Dubai International Stadium, Zayed Cricket Stadium, Abu Dhabi and Sharjah Cricket Stadium.

DP World ILT20 Head of Partnerships Ishan Chopra: “We are delighted to welcome a UAE born raffle giant like Big Ticket as an Official Partner of the DP World ILT20. Their legacy of helping dreams come true aligns perfectly with our vision of delivering unforgettable, fan-first experiences across the league. This partnership strengthens our commitment to creating moments of excitement both on and off the field, and we look forward to elevating Season 4 together. With a household name like Big Ticket on board, we are confident of unlocking even more opportunities for fans to engage, celebrate and go All In for Cricket.”
Meanwhile, DP World ILT20 match tickets across all categories are available for the remaining tournament matches. Various spectator stand tickets start at AED 20 and hospitality packages start from AED 325. Fans can also book the new Sixes Lounge experience for AED 395, which includes unlimited food and beverages. Tickets can be purchased by visiting tickets.ilt20.ae or Virgin Megastores.
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