Arcapita Group Holdings Limited, a global alternative investment firm, has announced the successful completion of its acquisition of a majority stake in Trustpoint.One. Trustpoint is recognized as a leading provider of tech-enabled legal services to law firms and corporate clients across the United States, with its headquarters located in Atlanta, Georgia. The U.S. legal services...
Academy of Learning Company has established a comprehensive three-year framework agreement with the Research and Studies Institute at the Saudi Electronic University (SEU). The value of this deal is estimated at SAR 23 million, which includes VAT. The agreement aims to provide a range of academic and training services, as noted in a filing on...
Dubai’s property market reached an unprecedented milestone in April, with transaction values soaring to Dh62.1 billion. This figure represents a remarkable 94% increase compared to the same month last year, reflecting a surge in sales, particularly driven by higher-value transactions involving villas at Palm Jebel Ali and homes sold by Emaar at The Oasis. Demand...
A Dubai-based engineering company is making strides in the space industry by creating 3D-printed rocket engines designed to match the size of the Raptors used in Elon Musk’s SpaceX Starship. This innovative company leverages artificial intelligence alongside advanced 3D printing technology to revolutionize rocket manufacturing. The company aims to produce rocket engines that can compete...
Saudi Arabia is emerging as an attractive market for healthcare providers, driven by a rapidly growing population and high rates of lifestyle diseases. The country’s median age is increasing, and there is a significant prevalence of conditions like hypertension and diabetes that require medical intervention. Tara Rampal, founder of Quest Prehab, a London-based company offering...
Sky Links Capital, a leading international multi-asset broker, has announced the establishment of its new holding company, Sky Links Holding Ltd, recently incorporated in the DIFC. This move emphasizes the company’s commitment to strong governance, global expansion, and long-term growth in the Middle East region. The DIFC has gained recognition as a prominent financial center,...
UAE-based food packaging company Hotpack has announced the establishment of its first manufacturing and distribution hub in North America, located in New Jersey. This strategic move aims to enhance service delivery to its US customers and reflects the company’s commitment to innovation and environmental responsibility in the global packaging market. Last week, Hotpack, in collaboration...
Emirates, the world’s largest international airline, is expanding its operations in Eastern China by launching a daily non-stop service between Dubai and Hangzhou. The new flight route will commence on July 30, providing travelers with enhanced connectivity to this major Chinese city. The addition of the Dubai-Hangzhou route is part of Emirates’ strategy to increase...
The Department of Health of Abu Dhabi is advancing precision medicine for Alzheimer’s disease by incorporating APOE E4 genotyping into its pharmacogenomics (PGx) reports. This initiative, in collaboration with M42’s Biogenix Lab, aims to enhance treatment customization based on individual genetic profiles. The updated PGx reports will enable healthcare providers to tailor treatments according to...
A company in Dubai is making significant strides in the space industry by developing 3D-printed rocket engines that are comparable in size to the Raptors used in Elon Musk’s SpaceX Starship. This innovative approach involves combining artificial intelligence with advanced 3D printing technology, aiming to revolutionize the manufacturing process of rocket components. The Dubai-based firm...