NMDC Energy PJSC, which provides engineering, procurement, and construction services for both offshore and onshore energy clients, has entered into a strategic Memorandum of Understanding (MoU) with Al Gharbia. This collaboration aims to explore methods to accelerate pipe production in the UAE to meet the growing local and regional demand. Al Gharbia is recognized as...
Saudi Arabia has introduced an ambitious infrastructure project, MiroLine, a 100-kilometer-long mirrored-glass skyscraper that will be built in the heart of the desert as part of the futuristic Neom city. This extraordinary endeavor is estimated to cost $1 trillion and aims to create a twin-towered linear city that will surpass the height of the Empire...
Burjeel Medical City in Abu Dhabi has announced a groundbreaking development in cancer treatment with its innovative CAR T-cell therapy, which has the potential to reduce treatment costs by up to 90%. This advancement is seen as a significant move towards localizing biopharmaceutical industries and solidifying the UAE’s status as a regional hub for cellular...
Invest Qatar has officially launched a $1 billion incentives program aimed at enhancing Qatar’s reputation as a major global business hub. The announcement was made during the 5th edition of the Qatar Economic Forum. This new initiative offers a comprehensive suite of incentive packages tailored for both local and international investors. According to QNA, these...
AWJ Investment, a subsidiary of AWJ Holding, has secured a 40% stake in Oud Real Estate, marking a significant strategic partnership aimed at enhancing urban development in Saudi Arabia. This collaboration is expected to drive investments exceeding SR8 billion over the next five years, focusing on branded residential, commercial, and hospitality projects. The partnership combines...
Bain Capital has introduced hscale, a dedicated hyperscale data centre platform aimed at expanding its footprint in the EMEA region. This launch is a key part of Bain Capital’s broader digital strategy, which commenced with the acquisition of AQ Compute in October 2024. The leadership team of hscale has a proven track record, having delivered...
du, the leading telecom and digital services provider, has announced its role as the headline sponsor of Crypto Expo 2025, which is set to be the premier event for cryptocurrency and blockchain in the region. Scheduled for 21–22 May at the Dubai World Trade Centre, the Expo aims to serve as a key platform for...
Sheikh Abdullah bin Zayed Al Nahyan, the Deputy Prime Minister and Minister of Foreign Affairs of the UAE, engaged in a phone call with Jeyhun Bayramov, the Minister of Foreign Affairs of Azerbaijan. The two officials explored various approaches to support their shared development goals during this discussion. Credit: ARN News The conversation aimed to...
The International Flavors & Fragrances Inc. (IFF) has inaugurated the Scent Dubai Creative Centre, a new facility aimed at revolutionizing fragrance design in the Middle East. Located within the Dubai Science Park, this creative centre is expected to be a significant contributor to the region’s luxury fragrance market. The Scent Dubai Creative Centre features state-of-the-art...
The UAE Media Council has officially partnered with Presight to introduce the Unified Media AI platform. This innovative platform is intended to regulate and assess media content before its publication, enhancing the oversight of information disseminated to the public. The initiative aims to leverage artificial intelligence to monitor media services effectively, ensuring that content adheres...