Sharjah Airport has successfully renewed its Level 3+ (Neutrality) accreditation in the Airport Carbon Accreditation (ACA) programme, administered by Airports Council International (ACI). This accomplishment reaffirms the airport’s leading position in environmental sustainability, marking its status as the only carbon-neutral airport in the Gulf Cooperation Council (GCC) for the fourth consecutive year. According to Gulf...
The UAE is stepping up its efforts to attract investments in a number of important areas, such as industry, technology, financial services, and pharmaceuticals. At the Investopia conference in Abu Dhabi, the Minister of Investment, Mohamed Alsuwaidi, stressed the need to make things easier for businesses that want to set up shop in the Emirates....
UAE’s Ambrosia Investment Holding has made a big investment by acquiring a 50 percent stake in a gold mine located in Mali from Toronto-listed Allied Gold. The total investment amounts to approximately $500 million, which includes $375 million for the stake in the mine and an additional $110 million for a 12 percent share in...
The United Arab Emirates has announced plans to implement a smart traffic project in Albania. This initiative is part of a larger strategy to develop smart city infrastructure across the Balkan nation The agreement for this ambitious project was revealed by Presight, a data analytics company under the Abu Dhabi-based technology group G42. The smart...
Merchlist, recognized as the UAE’s leading provider of custom-branded merchandise, has introduced a new platform aimed at transforming corporate gifting. This innovative platform allows businesses to enhance their brand presence and strengthen relationships with clients and employees. Merchlist has successfully served over 2 500 organizations across the UAE and Saudi Arabia, establishing itself as a...
Snap Inc. has entered into a Memorandum of Understanding with Qatar’s Government Communications Office (GCO) to establish the first Augmented Reality (AR) Academy in the MENA region. This partnership was announced at the Web Summit Qatar 2025, highlighting a major step towards enhancing the creative capabilities and driving digital innovation across the region. The collaboration...
Qatar’s General Tax Authority has announced the launch of a 100 percent financial penalty exemption initiative aimed at supporting business growth and enhancing national economic policies. This initiative will be effective from March 1, 2025, and will last for six months, adhering to the relevant rules and regulations. Khalifa bin Jassim Al Jaham Al Kuwari,...
The Ras Al Khaimah Economic Zone (RAKEZ) recently organized a session called ‘Maximising Marketing Impact with Minimal Spend’ at the Compass Coworking Centre. This event aimed to assist entrepreneurs and business owners in enhancing their brand visibility without incurring significant expenses During the session, Chris Redmond, CEO of RedHolt, shared his experiences in successfully scaling...
Bahrain-based Investcorp has successfully acquired two industrial portfolios located in Minneapolis and Baltimore. The transaction, valued at more than $335 million, reflects the firm’s ongoing strategy in the US real estate market. The portfolios consist of a total of 27 properties, encompassing 2.7 million square feet of space. Investcorp, recognized as the largest alternative investment...
Transguard Group, based in the UAE, has entered into a strategic partnership with the DIFC Innovation Hub to promote digital transformation in smart building solutions. This collaboration is noteworthy as Transguard becomes the first and only facilities management (FM) provider to partner with the DIFC Innovation Hub. The goal is to improve efficiency, sustainability, and...