Abu Dhabi, UAE – 10 December 2024: AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, announced today that it has received an initial A1 credit rating with a stable outlook from Moody’s Ratings (Moody’s), the international credit ratings agency, reflecting the Group’s strong financial performance and robust growth prospects.
AD Ports Group’s A1 long-term issuer rating reflects the company’s Baseline Credit Assessment (BCA) of Baa2 and the Government of Abu Dhabi majority ownership through ADQ.
The Gulf Petrochemicals and Chemicals Association (GPCA) Youth Forum took place in Oman Convention & Exhibition Centre, Muscat, Oman, from 2-5 December 2024
Muscat, Oman, 11 December 2024 – The 3rd edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Youth Forum, an initiative led by GPCA and the GPCA Youth Council, highlighted the role of GCC youth in driving regional development and global progress, attracting 385 young professionals and students from across the Arabian Gulf. Taking place on the sidelines of the 18th Annual GPCA Forum from 2-5 December 2024 in Oman Convention & Exhibition Centre, Muscat, Oman, the GPCA Youth Forum addressed the theme ‘Youth Powering Tomorrow: Shaping a Sustainable Future’.
Global experts explore AI’s potential to revolutionise predictive media and bolster the UAE’s leadership in artificial intelligence
– Dr Mohamed Al Kuwaiti, UAE’s Head of Cybersecurity: “Big data analysis provides us with both foresight and insight, enabling us to stay ahead of potential threats”
– Mahmoud Jassim, Regional Director for Public and Government Sector at Dell Technologies: “In today’s fast-paced world, especially in media, the need for rapid responses is greater than ever”
– Anderson Jackson, Chief AI Officer at G42: “We have committed to advancing AI responsibly, and we are already implementing those plans”
Dubai, United Arab Emirates, 21 November 2024: National Bonds, the UAE’s leading Sharia-compliant savings and investment company, has unveiled an exclusive, limited-edition ‘Zayed & Rashid’ sukuk. This special initiative invites nationals and residents to celebrate the nation’s pride and legacy by honouring the remarkable contributions of the UAE’s founding fathers, the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum.
National Bonds has launched a special edition sukuk in celebration of UAE National Day, this release comes in line with the ‘Zayed and Rashid’ campaign, which seeks to honour the legacy of the UAE’s most prominent leaders while fostering a renewed sense of loyalty and belonging to the nation. It also underscores the company’s dedication to promoting a culture of savings, empowering individuals to achieve their future aspirations.
The UAE total air market is valued at $3.9 billion from the demand-side in 2023, and is projected to reach $5.4 billion by 2028
Dubai [21st November 2024]: India-based travel research and M&A advisory company VIDEC Consultants, for the first time, has sized the GCC & Egypt travel market opportunity from a highly complex demand-side methodology.
VIDEC undertook an independent, rigorous and unbiased, multi-client syndicated research covering air and hotel categories for Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Egypt, with an emphasis on the role of online travel intermediaries. By focusing exclusively on bookings made through local point of sale (POS), the study offers a pertinent assessment of UAE’s true travel market potential.
2024 MEIRA Annual Conference & Awards to showcase the region’s thriving Investor Relations community to over 600 attendees, including top CEOs, global investors, regulators, and IR stakeholders.
Agenda packed with distinguished C-Suite speakers, exclusive new features like corporate access, and panels spanning ESG, capital markets, digital transformation and more.
Abu Dhabi, UAE – 25th November 2024: The Middle East Investor Relations Association (MEIRA) is set to host its biggest-ever MEIRA Annual Conference & Awards, taking place for the first time in Abu Dhabi at the Conrad Etihad Towers Hotel on December 11-12, 2024. This highly anticipated event, hosted in collaboration with Abu Dhabi Securities Exchange (ADX), promises to be the most impactful edition yet, bringing together over 600 attendees, 100+ local and international buy-side, 50+ speakers, and an expanded agenda of more than 10 sessions.
Company Expands Regional Footprint, Hosts 40 Regional Partners at Exclusive Distributors’ Conference in Dubai
Dubai, UAE – 21st November 2024 – HELI, China’s leading forklift manufacturer and a global player in the material handling industry, has unveiled three new forklift models at the opening of its UAE distributor Hala’s state-of-the-art showroom and workshop in Dubai Industrial City.
This launch marks another significant step in HELI’s ongoing expansion in the Middle East and Africa (MEA) region, as the company continues its drive to become the leading forklift brand across the region.
HELI’s mission, Lifting the Future, is driven by a vision to become a global leader, and a singular aim to be ranked among the world’s Top 5 forklift manufacturers. Founded in 1958, HELI has consistently delivered innovative, intelligent logistics solutions, establishing itself as a global first-class integrator of industrial vehicles and intelligent logistics systems. With a people-oriented approach and a commitment to repaying society through high-quality products, HELI’s brand proposition—Empower the World—reflects the company’s dedication to empowering industries worldwide.
The IDEMIA Secure Transactions (IST) global study, conducted by the renowned research agency Dentsu Insights, uncovers that design, convenience, and sustainability are the primary catalysts driving consumer payment trends. Security remains a concern, and consumers look for safe ways to pay.
IDEMIA Secure Transactions (IST), a leader in payment and connectivity solutions, today released the findings of its expansive 2024 Global Survey on consumer payment behavior. The survey, which gathered responses from over 3,100 individuals across 12 countries including UAE residents, sheds light on the evolving consumer preferences that are shaping the future of financial technologies. Respondents ranged in age from 18 to 71 years old, providing a wide demographic insight.
Installation will commence in early 2025, with operations set to go live by Q1 2026.
18th November 2024: Apparel Group, Dubai based leading retail and lifestyle conglomerate, has announced a pivotal partnership with Savoye, a premier integrator of automated warehouse solutions, to fully automate its largest regional distribution centre in Dubai. Spanning 16,000 square metres, this new facility will allow Apparel Group to achieve daily processing capacities of up to 300,000 units, establishing it as a logistics leader within the region.
Dubai, UAE, November 2024: Systems Limited MEA, a global systems integrator, and WSO2, a leader in digital transformation technology announced that they have entered into a partnership. As part of this agreement, Systems Limited MEA is now a WSO2 Silver Value-Added Reseller (VAR).
This collaboration integrates WSO2’s powerful technology stack into Systems Limited MEA’s global IT ecosystem, offering customized solutions that enable customers worldwide to excel in a tech-driven future.
Headed by His Excellency. Abdulla Bin Touq Al Marri, Minister of Economy, a high-level UAE delegation, including officials from ne’ma, the UAE National Food Loss and Waste Initiative and Tadweer Group, visited Japan to explore effective strategies for reducing food loss and waste.
Abu Dhabi, UAE – 16 October 2024
ne’ma, the National Food Loss and Waste Initiative and the Japan International Cooperation Center (JICE) signed a Memorandum of Understanding (MOU).
The signing ceremony was attended by H.E. Abdulla Bin Touq Al Marri Minister of Economy and held during the visit of a UAE high-profile delegation, which included officials from the Ministry of Economy, the Presidential Court, Emirates Foundation and Tadweer Group, to Japan. JICE invited the ne’ma team to visit Japan to explore effective strategies for food loss and waste reduction, providing valuable insights and best practices that can be implemented in the UAE to accelerate efforts toward achieving ne’ma’s food loss and waste reduction targets.
In the image (R to L):
His Excellency Abdulla bin Touq Al Marri Minister of Economy
His Excellency Ahmed Taleb Al Shamsi, CEO of Emirates Foundation, and ne’ma’s National Steering Committee Deputy.
His Excellency MATSUO Takehiko, Vice-Minister for International Affairs at the Ministry of Economy, Trade and Industry (METI).
Mr. TOTSUKA Nobuo, Executive Director of Japan International Cooperation Center (JICE).
Dubai, UAE, October 15th, 2024– Significant progress has been made in the development of the first phase of DIP Angola, with key infrastructure work advancing steadily, marking a major milestone for Angola’s first fully integrated economic zone.
As part of the ongoing developments, the main road infrastructure is expected to take shape by January 2025. With the project advancing on schedule and all regulatory approvals in place, DIP Angola is getting ready to establish itself as a premier destination for investment and business growth in the region.
26th September, 2024, Dubai, United Arab Emirates: Informa Connect Academy, a leading force in learning and training, is thrilled to announce an exciting new partnership with The Center for Leadership Studies (CLS), the global home of the Situational Leadership® Model, to provide further impact for leadership development across the globe, making the renowned leadership framework more accessible to clients worldwide.
Masdar’s joint ownershipof Terra-Gen demonstrates long-term commitment to investing in and supporting U.S. energy transition
Terra-Gen’s gross operating portfolio comprises 3.8GW of wind, solar and battery storage projects, including 5.1GWh of energy storage facilities across 30 renewable power sites
Terra-Gen’s 12GW+ pipeline includes new windfarm and new solar park to start commercial operations in 2025
ABU DHABI, United Arab Emirates & NEW YORK – OCTOBER 01, 2024 – Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).
Abu Dhabi, UAE; October 01, 2024: Alpha Dhabi Holding PJSC (“Alpha Dhabi” or “ADH”) (ADX: ALPHADHABI), a leading investment holding company in the UAE, has successfully completed its divestment of 49% of its subsidiary Alpha Dhabi Construction Holding (ADCH) to ADQ, an Abu Dhabi-based investment and holding company. ADH will retain a 51% shareholding in ADCH, continuing its commitment to the construction sector in strategic partnership with ADQ.
Led by ADH subsidiary Trojan Construction, ADCH is recognized for its commitment to national development. Its track record includes work on iconic UAE projects, including the Zayed National Museum and the Guggenheim Museum, and supporting critical infrastructure such as the national railway network. ADCH also successfully executes large-scale residential community projects for locally based real estate developers, including Aldar, Modon Properties, and Emaar.
Dubai, 23rd September, 2024– Hexitime, the world’s first timebank for professionals, today announced its expansion into the UAE, bringing its award-winning platform to businesses in the Middle East through a collaboration withiAccel GBI, a leading go-to accelerator, under the patronage of Dubai SME.
This expansion along with iACCEL GBI’s vast network and market expertise, aims to revolutionize how industry professionals across the region access and share knowledge, offering a pioneering digital marketplace where employees can exchange skills and expertise using a tokenized time currency.
Malabar Gold & Diamonds, the 6thlargest jewellery retailer globally with over 355 showrooms across 13 countries, has just launched their renovated and restyled showroom in Al Ain at Meena Bazar.
The showroom was inaugurated by Mr. Shamlal Ahamed, Managing Director of International Operations at Malabar Gold & Diamonds in the presence of Mr. Mayankutty C, Senior Director of Malabar Group, Mr. Faisal A.K, Head of Manufacturing at Malabar Gold & Diamonds, Mr. Nijaz E.M, Zonal Head of Abu Dhabi & Al Ain region, other senior management team members, customers & well-wishers.
Ras Al Khaimah, 20 September 2024:Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with the UAE-India CEPA Council (UICC), marking a significant step in bolstering the UAE-India bilateral economic partnership.
The MoU was signed by RAKEZ Chief Government and Corporate Relations Officer Yaser Abdulla Al Ahmed and UICC Director Ahmed Aljneibi. The signing ceremony took place during the UAE-India Business Forum held in Mumbai, India.
Dubai, UAE, September 2024:The fischer Group of Companies, a leading German multinational manufacturer known for its innovative fastening products for the construction and DIY industry, successfully hosted its second International Expert Forum (IEF) today at the H Hotel on Sheikh Zayed Road, Dubai.
The event brought together industry leaders, partners, and experts to discuss cutting-edge advancements in the construction sector, with a focus on sustainable building practices, innovation, and digital transformation.
Over 3,000 global and regional healthcare leaders, experts, and attendees gather to discuss and uncover the next big disruptors in healthcare, revealing the way forward for long-living, healthy, and unified communities.
Abu Dhabi, September 19, 2024: The third edition of the Forbes Middle East Healthcare Leaders Summit in partnership with PureHealth has kicked off in Abu Dhabi, under the theme “Beyond Boundaries: Advancing Health Towards Longevity,” convening over 3,000 participants and attendees to explore innovative solutions and strategies across the regional and global health ecosystem.
