Sanad, a leader in aerospace engineering and leasing solutions, has announced the signing of a Memorandum of Understanding (MoU) with GE Aerospace at the Make it in the Emirates 2025 event in Abu Dhabi. This partnership builds on a collaboration that began in 2013 and focuses on advancing human capital through immersive training, innovation-driven programs,...
Doha: Invest Qatar, the Investment Promotion Agency of Qatar, has formed a strategic partnership with Schneider Electric, a global leader in energy management and automation digital transformation. This collaboration aims to support Schneider Electric’s expansion in Qatar and hasten the development of smart infrastructure and artificial intelligence (AI) solutions within the country’s growing business ecosystem....
British luxury homeware brand LUSSO is accelerating its global expansion with a strategic entry into the UAE, as part of a bold five-year plan aimed at achieving a valuation of £1 billion. This announcement comes after a year in which the company exceeded its financial targets by 10 percent and expanded its international reach, now...
PureHealth has made a significant contribution of AED 50 million to the Life Endowment campaign, which was initiated by the Endowments and Minors Funds Authority, also known as Awqaf Abu Dhabi. This campaign aims to support various health initiatives and enhance community welfare. Credit: Abu Dhabi Media Office The donation from PureHealth is part of...
Russia is currently in advanced discussions with Bahrain regarding a three-year liquefied natural gas (LNG) agreement. Under this proposed deal, Moscow would supply the Gulf kingdom with 1.5 million metric tons of LNG. This information comes from three sources familiar with the ongoing negotiations. If finalized, this agreement would mark the first LNG deal between...
LOT has expanded its presence in the UAE with the opening of its newest and largest branch at LuLu Hypermarket on Al Wahda Street in Sharjah. This strategic move highlights LOT’s commitment to making high-quality products affordable and accessible to a broader customer base. Yusuffali MA, chairman of LuLu Group, inaugurated the new LOT store,...
ADNOC has announced that its In-Country Value (ICV) Programme has successfully generated 17 000 job opportunities for Emirati talent in collaboration with its strategic partners in the private sector. This achievement highlights the significant impact and positive results of the programme since its inception in 2018. During the fourth edition of Make it in the...
Modon Holding, a listed company based in Abu Dhabi, successfully sold out its freehold residential project on Reem Island, generating approximately Dh1 billion, or $272.3 million, on the day of the launch. This two-tower waterfront development is strategically located near the Abu Dhabi Global Market (ADGM), enhancing its appeal to potential buyers. The swift sale...
The Sultanate of Oman is poised to deliver 62 800 new residential real estate units by the year 2030, with 5 500 of these units scheduled to enter the market this year. This information comes from a recent report by Cavendish Maxwell, which aligns with the country’s strategic vision for housing development. In addition to...
Dubai Electricity and Water Authority (DEWA) has made a significant advancement by adopting Google’s advanced NotebookLM technology to convert its press releases into podcasts. This initiative highlights DEWA’s commitment to leading in artificial intelligence (AI) adoption, as it becomes the first government entity in the world to implement this AI-powered model for such a purpose....