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Category: Business
Daikin, a global leader in advanced air conditioning and refrigeration solutions, has officially inaugurated its new headquarters in New Cairo, Egypt. This upgraded facility is designed to enhance customer convenience and value, positioning Daikin to take advantage of growing business opportunities in the region. According to Zawya, the new office is located in the Marakez...
The Abu Dhabi Investment Office (ADIO) has entered into a significant strategic partnership with the Italian development bank Cassa Depositi e Prestiti (CDP). This collaboration is designed to assist Italian companies seeking to invest or expand in Abu Dhabi and to support UAE-based businesses looking for opportunities in Italy. This partnership was officially announced during...
The Abu Dhabi Investment Group (ADIG) took an active role in the fourth edition of the Investopia Summit 2025, a prominent global platform aimed at promoting dialogue and investment partnerships among business leaders and investors worldwide. This year’s summit was themed “Harnessing MegaForces” and emphasized the importance of international collaboration in driving economic growth. According...
The Meetings, Incentives, Conferences, and Exhibitions (MICE) segment is currently driving an increase in business travel to key global locations, including the USA, Germany, France, UK, Spain, Singapore, Dubai, and Japan. This surge is largely attributed to corporations placing a higher value on in-person engagements, leading to a significant rise in demand for large-scale conferences,...
AD Ports Group is set to explore the creation of an industrial zone near Karachi Port and Port Qasim in Pakistan. This ambitious project aims to enhance trade and economic activities, positioning Pakistan as a “world-class marine hub” and a vital gateway to Central Asia. According to a statement from AD Ports Group, Pakistan is...
Emirati sisters Qadreya and Maitha Al Awadhi have successfully turned their passion for healthy baby food into a thriving business called Bumblebee. Based in Dubai, Bumblebee offers freshly made, frozen food specifically designed for babies and toddlers aged six months to six years. The brand’s carefully crafted menu is developed by a pediatric nutritionist and...
A Memorandum of Understanding was signed on February 27, 2025, between the Dhaka Chamber of Commerce & Industry (DCCI) and the Sharjah Chamber of Commerce and Industry. The signing took place at the Sharjah Chamber and aims to promote the export of Bangladeshi products to Sharjah while increasing bilateral investment. Taskeen Ahmed, the President of...
Sharjah Media City, also known as Shams, has recently awarded a design contract for its forthcoming media production hub, Shams Studios. The design work will be carried out by STUDIOI, a UAE-based engineering firm recognized for its previous projects, including The Park Hyatt Hotel in Riyadh and SHA Island near Al-Jurf, Abu Dhabi. Rashid Abdullah...
Merger and acquisition activities in the Middle East and North Africa (MENA) saw a 7% increase in 2024, reaching a total deal value of $92.3 billion, largely fueled by the contributions of Saudi Arabia and the UAE. According to a report by professional services network EY, the region recorded 701 deals, which is a 3%...
The Future 100 initiative, a collaboration between the Ministry of Economy and the Office of Government Development and the Future, has unveiled the Future 100 – 2024 list. This list highlights 100 of the most promising startups and scaleups based in the UAE that significantly contribute to the competitiveness of the country’s future economy. The...