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Category: Business
Iqoniko LLC FZ is a capital management consulting and advisory firm that is actively shaping financial strategies for institutions. The company is recognized for its leadership in capital raising for both private and public entities. Iqoniko focuses on the German-speaking investor markets, particularly in cities like Frankfurt, Düsseldorf, and Vienna, as interest from the DACH...
COBCO, a battery materials joint venture formed by AL MADA and CNGR Advanced Materials, has entered into a strategic long-term supply agreement with Umicore, a global leader in circular materials technology. This agreement focuses on the delivery of precursor cathode active materials (pCAM) for electric vehicle (EV) batteries. As part of the agreement, COBCO will...
The Agthia Group, listed in Abu Dhabi, has successfully acquired a 100 percent stake in the UAE mineral water desalination company Riviere. This strategic acquisition is expected to significantly enhance Agthia’s household customer base, allowing the company to triple its reach and strengthen its position in the water and food segment. With this acquisition, Agthia...
EHC Investment, through its energy division Emirates International Gas (EIG), has successfully completed the acquisition of Al Fanar Gas Group. This company is recognized as Abu Dhabi’s largest gas distributor and maintenance provider, as well as one of the leading gas service firms in the UAE. This strategic acquisition is expected to enhance EHC’s long-term...
The Agthia Group, which is listed in Abu Dhabi, has acquired a 100% stake in Riviere, a UAE mineral water desalination company. This strategic move is expected to triple Agthia’s household customer base and enhance its revenue growth in the water and food segment by 6.5%. Agthia plans to retain the Riviere brand following the...
Dubai Chambers is actively working to strengthen trade and investment relations between Dubai and India. Eng. Sultan bin Saeed Al Mansoori, the Chairman of Dubai Chambers, met with Sunjay Sudhir, the Indian Ambassador to the UAE, to discuss strategies for enhancing these vital connections. The meeting took place at the headquarters of Dubai Chambers and...
As Eid Al Fitr approaches, shoppers in the Mena region are increasingly turning to online gifting, according to a recent study. Data from Flowwow, a UAE-based gifting marketplace, and Admitad, a partnership marketing platform, revealed a remarkable surge of over 150% in gift demand during Ramadan 2025. The study forecasts a 10% increase in online...
Khazna Data Centers has announced the addition of MGX and Silver Lake as new minority shareholders, further strengthening its position in the data center industry. This transition comes as e& exits its investment in Khazna while continuing to act as a key business partner. e& has been instrumental in Khazna’s success and will maintain its...
Vinsmera Group, a global jewellery enterprise led by the Kambrath brothers—Dinesh Kambrath, Anil Kambrath, Manoj Kambrath, and Krishnan Kambrath—has announced a significant investment of ₹2,000 crore (Rs20 billion) over the next two years. This funding will be used to establish a premium jewellery retail chain and advanced manufacturing units in both the UAE and India....
NTT DATA Business Solutions has announced a significant expansion of its operations in the Middle East, Türkiye, and Africa (META) region, with a focus on the UAE. The company aims to establish the UAE as a central hub for its activities in the region, positioning it strategically within the growing technology landscape. This initiative is...