Emirates Central Cooling Systems Corporation PJSC (Empower), recognized as the world’s largest district cooling services provider, has entered into an agreement with the Dubai Multi Commodities Centre (DMCC). This partnership aims to supply sustainable district cooling services for the next phase of the Uptown Dubai development. The agreement will see Empower provide innovative cooling solutions...
Sharjah has transformed its rental services by launching the ‘Aqari‘ digital platform, which reduces the number of procedures from seven to just three. This significant change eliminates the need for in-person visits to various departments, which previously required five such visits. The Aqari platform, introduced on Monday, is designed to enhance and simplify real estate...
The Dubai International Financial Centre (DIFC) has been chosen to host the 2026 Global Privacy Assembly (GPA). This significant event is expected to gather privacy authorities and experts from around the world to discuss and address pressing issues related to data protection and privacy rights. The announcement was made on February 24, 2025, and highlights...
Abu Dhabi Islamic Bank (ADIB) has made a huge advancement in the banking sector by launching Spatial Banking on Apple Vision Pro. This initiative marks ADIB as the first bank in the UAE to introduce a banking experience using Apple’s mixed-reality operating system, VisionOS. This launch aligns with ADIB’s strategic vision for 2035, which focuses...
A recent study has highlighted concerns regarding the reliance on artificial intelligence (AI) tools in the workplace, suggesting that such dependence could hinder individuals’ cognitive abilities. The research involved over 300 participants employed in cognitive roles, revealing a significant drop in cognitive effort among many respondents. The study team evaluated more than 900 examples of...
Larsen & Toubro (L&T), an Indian engineering and construction conglomerate, has announced that its subsidiary, L&T Energy Hydrocarbon (LTEH), has secured a significant contract worth $1.5 billion from Saudi Aramco. This contract involves providing essential engineering, procurement, and construction (EPC) services for the first phase of Aramco’s ambitious Carbon Capture & Storage (CCS) hub in...
Abu Dhabi-based Investcorp Capital plc has announced its agreement to invest in Epipoli, a prominent alternative payments enabler in Italy. This investment comes after Investcorp Group signed a definitive agreement to acquire Epipoli from Bregal Milestone and its founder and CEO, Gaetano Giannetto, who will continue to manage the company. The terms of the transaction...
Omnispay, a fintech company based in the UAE, has successfully raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm. This funding round attracted participation from various regional and international investors and aims to empower small and medium-sized enterprises (SMEs) with an all-in-one platform for collecting,...
Parkin Compan, which runs the most paid public parking lots and services in Dubai, has released a new mobile app that should make parking easier for both locals and tourists. This app has many features that are meant to make driving easier, make things more accessible, and help people get around cities more quickly. Three...
Dubai has introduced a new online platform named ‘Amanah’ that allows residents to report any suspicious or illegal activities related to Dubai Municipality’s services. This initiative was announced by Dubai Municipality as part of its commitment to enhance transparency, governance, and public safety while ensuring that those who submit reports can do so confidentially The...