DP World, a global leader in logistics and trade, is set to implement atmospheric water generation (AWG) technology throughout its operations after making a strategic investment in Maithri Aquatech. This innovative technology harnesses moisture from the air to produce clean drinking water, addressing critical water scarcity issues in many regions. The partnership with Maithri Aquatech...

The latest findings from Capgemini’s World Wealth Report reveal that global private wealth held by dollar millionaires has surged to an unprecedented $98.3 trillion. This substantial increase highlights the resilience and growth of private capital, even in the face of ongoing economic uncertainties. The report underscores a significant trend where affluent individuals continue to accumulate...

The India-UK trade deal, effective from July 15, marks a significant milestone in India’s trade relations, becoming the sixth free trade agreement initiated under Prime Minister Narendra Modi’s administration. This agreement is set to enhance exports, particularly in key sectors such as textiles, pharmaceuticals, and machinery, thereby strengthening India’s global trade position. One of the...

In a significant policy shift, U.S. President Donald Trump has retracted his proposal to impose a 20% fee on cargoes transiting through the strategically critical Strait of Hormuz. This decision marks a pivot from a taxation strategy aimed at regulating maritime trade routes to a more collaborative approach focused on fostering trade and investment partnerships...

The United Arab Emirates is setting its sights on achieving a monumental $1 trillion target for non-oil trade, as it strives to enhance its influence within global supply chains. This ambitious goal is mainly propelled by the burgeoning sectors of e-commerce, healthcare, technology, advanced manufacturing, aerospace, and regional distribution. The UAE recognizes that sustainable trade...

The Rock-It Company, a leader in event production and experiential marketing, is making strides by establishing a presence in Abu Dhabi. This expansion is poised to bolster the capital’s reputation as a premier destination for luxury experiences, cultural events, and major international gatherings. The company’s decision to set up operations in Abu Dhabi reflects the...

Robo.ai Inc., a leading company in the field of AI technology, has taken a significant step in strengthening its foothold in the UAE by appointing key executives within its subsidiary, Neurovia AI. These appointments are aimed at enhancing Neurovia’s focus on visual data processing and compression technologies, underscoring the importance Robo.ai places on local leadership....

Lamplighter Group, a specialized consulting firm, has officially launched its operations in Abu Dhabi, marking a significant step in its strategy to enhance its regional presence. The firm aims to leverage the unique advantages that the Abu Dhabi Global Market (ADGM) offers as a regulatory and business hub in the Middle East. This decision follows...

The recent revision of duty-free gold limits by the Indian government has provided non-resident Indians (NRIs) and tourists in the UAE a unique opportunity to save significantly on gold purchases. Under the new rules, travelers can bring back a higher quantity of gold into India without having to pay customs duties, translating into substantial savings...

The United Arab Emirates is set to streamline the arbitration process for foreign investors, enhancing the attractiveness of the business environment in the region. This initiative is anticipated to facilitate quicker conflict resolution, thus providing a more efficient legal framework that supports foreign investment. Under the new framework, the government plans to introduce a regime...