Khalifa Economic Zones Abu Dhabi Group (Kezad), recognized as the largest operator of integrated economic zones in the UAE, is set to create a new commercial hub aimed at drawing more global investors to the emirate. The new Kezad Business District (KBD) will be located in Al Ma’mourah and is designed as an integrated mixed-use...
Peaq, a leader in Machine Economy technology, and Pulsar Group, an Emirati venture studio, have announced the creation of the world’s first Machine Economy Free Zone (MEFZ) in Abu Dhabi and Dubai. This groundbreaking initiative aims to establish a foundation for the Machine Economy in the United Arab Emirates (UAE) by focusing on regulatory and...
The Department of Municipalities and Transport (DMT) in Abu Dhabi has announced significant updates to the real estate sector in the emirate. This initiative aims to reinforce Abu Dhabi’s position as a global hub for real estate investment by fostering a flexible and sustainable legislative environment that supports developers and safeguards the rights of investors....
Jindal SAW, an Indian manufacturer of steel pipes for the energy, transportation, and water sectors, has announced a significant investment of $118 million to enhance its operations in the Middle East and North Africa (Mena) region. This plan includes establishing a new facility in Abu Dhabi, which will require an investment of $105 million and...
In Abu Dhabi on June 10, 2025, Dr. Ali Rashid Al Nuaimi, the Chairman of the Defence, Interior, and Foreign Affairs Committee at the Federal National Council (FNC), welcomed India’s Foreign Secretary Vikram Misri. This meeting is part of ongoing efforts to bolster ties between the United Arab Emirates and the Republic of India. Credit:...
ANAX Capital Financial Markets LLC, a financial services firm based in Dubai, has officially launched its operations after receiving its first category license from the Securities and Commodities Authority (SCA). The launch was celebrated at an exclusive event held at Palazzo Versace, attended by VIP guests, international celebrities, industry professionals, and media representatives, highlighting the...
First Abu Dhabi Bank (FAB) has established a strategic partnership with EDGE Group, a leading entity in advanced technology and defense. This collaboration focuses on two major financial initiatives: the implementation of FAB’s advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). Credit: Economy Middle East According to...
Abu Dhabi National Oil Company (Adnoc) has expressed interest in BP’s liquefied natural gas (LNG) assets and fuel retail business, signaling the possibility of a potential takeover. This interest comes amid significant shifts in the energy sector, as major companies reassess their strategies and align with the growing demand for cleaner energy solutions. Credit: Finimaze...
The International Code Council Evaluation Service (ICC-ES) has issued Evaluation Service Report ESR-5402 for SmartCare CureAssure, an innovative internal curing admixture created by Asian Paints. This product is a chloride-free liquid admixture classified as a Type S admixture, aimed at improving concrete performance by retaining internal moisture and minimizing the reliance on traditional external curing...
Astronomers in the UAE have detected exoplanets orbiting stars far beyond the solar system, according to an announcement from the Abu Dhabi-based International Astronomy Centre. This groundbreaking discovery was made possible through collaboration with the NASA Transiting Exoplanet Survey Satellite (TESS) mission. Credit: ARN News The Al Khatem Astronomical Observatory, located in the Abu Dhabi...