Acquisitions12 Sept 2025, 03:20 pm
ACE Software Exports Ltd. Acquires QeDigital Gulf Software Services FZCO, a Free Zone Company in Dubai
AI Summary
ACE Software Exports Ltd. has incorporated a wholly owned subsidiary, QeDigital Gulf Software Services FZCO, on September 11, 2025, in Dubai, United Arab Emirates. The new subsidiary will engage in software development, IT services, and technology consulting, focusing on the Middle East and surrounding regions. ACE Software Exports Ltd. will hold 100% of the shares in the newly formed entity, investing AED 10,000 for 1000 ordinary shares of AED 10 each.
Key Highlights
- ACE Software Exports Ltd. has incorporated a wholly owned subsidiary, QeDigital Gulf Software Services FZCO, in Dubai, UAE.
- The new subsidiary will focus on software development, IT services, and technology consulting in the Middle East and surrounding regions.
- ACE Software Exports Ltd. will hold 100% of the shares in QeDigital Gulf Software Services FZCO.
- The investment includes AED 10,000 for 1000 ordinary shares of AED 10 each.
- QeDigital Gulf Software Services FZCO is a Free Zone Company incorporated on September 11, 2025.