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.
Annual Sustainability Report shares Group ESG performance with stakeholders
Reduced environmental impact of operations through efficiency gains, energy savings, decarbonisation efforts
Abu Dhabi, UAE – 19 September 2024: AD Ports Group, a leading facilitator of global trade, logistics and industry (ADX: ADPORTS), announced today the release of its 2023 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, demonstrating its proactive and forward-thinking approach to addressing global sustainability challenges.
HITEK’s innovative home-grown solution will improve DLP efficiency and reduce downtime for residents & multiple unit investors in MAG City
Dubai, United Arab Emirates: Leading smart FM solutions provider HITEK Services, which is part of the Farnek group of companies, has successfully developed and activated a cutting-edge community app for MAG, a leading real estate developer in the UAE
The state-of-the-art digital platform will transform the living experience for residents of MAG City by offering a comprehensive suite of features designed to enhance convenience, efficiency, and community engagement.
Business Community from America, Europe, Middle East and Far East to Meet in Istanbul
Member of the Dubai Royal Family, ‘Sheikh Juma Al Maktoum’ will Attend Burj CEO International Business Summit and Award Ceremony
The 7th Burj CEO International Business Summit and Award Ceremony, which will be organized in Istanbul for the 2024 Edition trademarked by the CEO Clubs Network Worldwide, will bring together distinguished business leaders from various sectors around the globe.
The Burj CEO International Business Summit and Award Ceremony, which will be held at Raffles Istanbul Hotel on 23 – 24 October 2024 with the slogan ‘Connecting Continents, Celebrating Excellence’, will be attended by hundreds of business leaders from America to Europe, from the Middle East to Africa and the Far East who are members of the CEO Clubs Network.
Five global leadership forums including the Abu Dhabi Economic Forum, Asset Abu Dhabi, RESOLVE 2024, Fintech Abu Dhabi and Abu Dhabi Sustainable Finance Forum (ADSFF) will be returning for another edition as part of ADFW’s four-day event series
An extravagant plan of 50 events includes newly introduced forums for 2024 such as the UBS Investment Forum, the China UAE Investment Summit with HSBC, Islamic Finance Summit, the Spear’s Private Wealth Summit, and the Abu Dhabi Capital Markets Showcase.
Abu Dhabi, UAE, 30th August 2024: Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council, the third edition of Abu Dhabi Finance Week (ADFW), the flagship financial event of the MEASA region hosted by ADGM, unveiled todayan extravagant plan of50 events and sub-events. In June, Abu Dhabi Finance Week (ADFW), announced its third edition under the theme ‘Welcome to the Capital of Capital’, which will run from 9th December to 12th December 2024 and will explore the multiple facets that contribute to Abu Dhabi’s position as the ‘Capital of Capital’ focussing on financial, human, cultural, environmental and technological facets of the capital.
American Express Middle East enhances the American Express® Platinum Credit Card in the United Arab Emirates with new benefits marking its 10th year anniversary
Dubai, United Arab Emirates – 19 August 2024: Celebrating a decade of The American Express Platinum Credit Card in the United Arab Emirates (UAE), American Express Middle East unveils additional and expanded benefits. Both new and existing American Express Platinum Credit Card Members in the UAE can enjoy an extensive range of new dining, travel, and everyday life benefits.
The new Platinum Credit Card benefits include:
10% cashback on dining spend locally and abroad (up to 50 AED back monthly) making dining out even more rewarding.
AED 75 back monthly on grocery spend.
Enhanced access to more than 1400 airport lounges worldwide (up to12 visits each year per Card Member and 8 visits each year for 1 Supplementary Card Member, including accompanying guests), making shared travel experiences even more enjoyable.
Acquisition of controlling stake in the company to expand Noatum Maritime’s presence in the Middle East region
Madrid, Spain/Cairo, Egypt – 16 August 2024: Noatum, an AD Ports Group company (ADX: ADPORTS), announced the acquisition of a majority stake in Safina B.V., a leading provider of maritime agency and cargo services in Egypt and across the Middle East region. The deal is expected to close in Q3 2024.
The acquisition by Noatum Maritime marks a significant milestone in its strategic growth as it leverages Safina’s expertise, capacity and reputation in Egypt’s maritime agency market.
ADGM Continues Rapid Growth, Issues 1,271 New Licences in H1 2024: Assets Under Management Increase by 226%
A surge of 226%in Assets Under Management was reported in H1 2024 compared to H1 2023.
112 asset and fund managers now operate in ADGM, managing 141 funds.
The number of new licences grew by 20.5% compared to H1 2023.
Workforce grew by over 2,500at the end of H1 2024 compared to the same period last year.
ADGM Al Reem Island Expansion fuels a residential surge with the island’s occupancy rate reaching more than 92% at the end of June 2024.
Abu Dhabi, UAE, 14thAugust2024: ADGM, the international financial centre (IFC) of the UAE’s capital, continues its impressive growth trajectory, reporting exceptional performance in the first half of 2024. As the fastest-growing financial centre and the only jurisdiction with the direct application of the English Common Lawin the region, ADGM’s consistent achievements and strategic initiatives are a catalyst to the growth of Abu Dhabi’s financial sector growth.
1st August 2024, Dubai, United Arab Emirates: iAccel Gulf Business Incubator (iAccel GBI), a leading go-to-market accelerator, proudly announces the formation of our Mentor Board. This board is currently comprising of Mr. Sivarama Subramanian, Mr. Bashar Kilani & Mr. Karl Tlais, who are industry leaders with over 25-30 years of robust experience in their respective domains, will guide iAccel GBI and its portfolio startups towards growth in the UAE and Middle East region.
Sivarama Subramanian, an alumnus of IIT-Madras and IIM-Ahmedabad, is a prominent figure in the banking sector across the UAE and GCC. He has held senior leadership roles at institutions such as Emirates NBD, Dubai First, Dubai Bank, and Citi. Earlier in his career, he worked with leading FMCG companies such as Procter & Gamble and Godrej Group in India. Sivarama said, “I am delighed to join the Mentor Board at iAccel GBI. I look forward to leveraging my extensive experience to support and guide entrepreneurs in their journey across the region.”
