ADNOC and Emirates Global Aluminium (EGA) have announced a significant five-year supply agreement valued at AED1.84 billion. This deal will facilitate the local supply of up to 1.5 million tonnes of calcined petroleum coke (petcoke), which is a crucial raw material for aluminium production. Credit: Abu Dhabi Media Office The agreement is expected to enhance...
IMKAN, a prominent global master developer based in Abu Dhabi, has announced a strategic partnership with Saal.ai, a leading provider of Artificial Intelligence and Big Data solutions. This collaboration aims to revolutionize the UAE’s real estate sector by integrating advanced AI and digital technologies into IMKAN’s operations, enhancing their overall value chain. The partnership was...
Mashreq, a prominent financial institution in the MENA region, has unveiled its next-generation API Marketplace. This dynamic platform is designed to provide corporate clients, developers, and fintechs with seamless access to Mashreq’s suite of APIs. These Application Programming Interfaces (APIs) facilitate smooth data exchange between different systems, transforming how businesses manage payments, receivables, and liquidity...
Mastercard has officially launched its first Cyber Resilience Center in the Middle East, located in Riyadh, as part of a partnership with Riyad Bank. This initiative aims to enhance Saudi Arabia’s cybersecurity infrastructure by bringing together key players from the financial sector to collaborate on building a secure commerce and payment ecosystem in the Kingdom....
Emirates has launched its new A350 aircraft on the Dubai–Amman route, marking a significant change in air travel for passengers. This new service is expected to improve the in-flight experience and provide greater flexibility for travelers. Aviation experts noted that this initiative is part of a larger strategy to strengthen air travel networks in the...
Dubai’s commitment to transforming waste into renewable energy was highlighted during a recent visit by Eng. Marwan bin Ghalita, Director General of Dubai Municipality, to Tadweer, a prominent waste management facility in the emirate. The visit focused on Tadweer’s pilot biogas facility, which illustrates how organic waste can be converted into clean, renewable energy, contributing...
Beyti, a subsidiary of Almarai Company, has secured a sustainable linked loan agreement valued at EGP 1.80 billion (approximately $36 million) from HSBC Bank. This financing aligns with Beyti’s commitment to advancing sustainability initiatives, reducing its carbon footprint, and enhancing resource efficiency. Chris Abboud, General Manager of Beyti, highlighted that the company has successfully localized...
The 7th Annual Saudi International Vaccination Forum recently took place in Riyadh, hosted by the Ministry of National Guard Health Affairs and King Saud bin Abdulaziz University for Health Sciences, in partnership with the Public Health Authority (PHA). This event underscored a strong commitment to improving public health through innovative and science-based vaccination efforts. The...
The Abu Dhabi National Oil Company (ADNOC) has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions. This collaboration aims to localize critical oilfield technology in Abu Dhabi, enhancing the region’s energy sector. Credit: Abu Dhabi Media Office This partnership is expected to significantly boost local capabilities in the oilfield...
Etihad Airways has announced a remarkable 30% increase in profit for the first quarter of 2025, reaching record levels due to a significant rise in passenger traffic. The Abu Dhabi-based airline successfully transported five million passengers during the January to March period, marking a notable achievement in its operational performance. This surge in passengers reflects...