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Category: Business
United Global Ro-Ro, a joint venture between Noatum Maritime, part of the AD Ports Group’s Maritime & Shipping Cluster, and Erkport, has celebrated a significant milestone with the maiden voyage of its first LNG-powered Pure Car and Truck Carrier (PCTC) at Autoterminal Khalifa Port. The arrival of the vessel, named UGR Al Samha, marks the...
Investopia and Deutsche Bank recently organized an exclusive conference aimed at highlighting the latest developments in the UAE’s business environment and exploring investment opportunities across vital sectors such as retail, manufacturing, tourism, and technology. The event served as a platform to showcase the UAE’s competitive advantages for family enterprises, investors, and international businesses looking to...
The inaugural UAE-Morocco Business Council was officially launched in Sharjah, marking a significant step in strengthening economic ties between the two nations. Abdullah Sultan Al Owais, who serves as the Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), proudly welcomed...
DP World has officially announced the commencement of construction for Bharat Mart in Dubai, a significant development set to enhance trade opportunities for Indian exporters. This massive project will span 2.7 million square feet and is designed as a B2B and B2C marketplace, with an expected opening by the end of 2026 in the Jebel...
Abu Dhabi National Oil Company (Adnoc) is currently evaluating a bid for the natural gas assets of Aethon Energy Management, a US-based investment firm focused on energy. According to sources familiar with the matter, these assets could be valued at approximately $9 billion. Adnoc is collaborating with advisors to assess this potential offer, as other...
The UAE and Ireland have formalized their commitment to enhance economic and technical cooperation by signing a memorandum of understanding. This agreement, which aims to establish a Joint Economic Commission, is part of broader efforts to deepen bilateral ties and foster private sector engagement. The MoU was signed by Dr. Thani Al Zeyoudi, the UAE...
Natasha Sideris has opened a culinary lab called The Academy in Dubai, which focuses on food innovation. The Tashas Group, known for its popular restaurants, will incorporate dishes and drinks created at this new facility into their menus. The Academy aims to explore new culinary trends and techniques, positioning itself as a hub for creativity...
The Oman-India Joint Investment Fund – Management Company (OIJIF) has appointed Satish Chavva as its Chief Executive Officer, effective April 1, 2025. The fund is a private equity manager promoted by the Oman Investment Authority (OIA) and the State Bank of India (SBI). This leadership change comes as OIJIF seeks to enhance its operations and...
The United Arab Emirates (UAE) and the European Union (EU) are set to commence negotiations for a comprehensive free trade agreement, as announced by officials from both sides. This initiative aims to enhance economic ties and stimulate growth between the two parties. Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, expressed that...
Dubai-based Mashreq has announced a partnership with Goldman Sachs Asset Management to offer discretionary investment services aimed at high-net-worth individuals in the Gulf region. This collaboration is designed to meet the increasing demand for professionally managed portfolios, with services expected to be available starting this month. As the number of affluent individuals seeking sophisticated investment...