PDS Multinational FZCO, a wholly-owned step-down subsidiary of PDS, has announced the incorporation of a new entity named Tritron Fashion FZCO in the United Arab Emirates (UAE). This notification was made to the Company’s officer on March 6, 2025, and the new subsidiary became effective on March 3, 2025. The establishment of Tritron Fashion FZCO...
UAE-based wealth management firm Capital Haus has made a significant investment by acquiring an 11.6% stake in Equity Story, a financial media and investment advisory firm that is listed on the Australian Securities Exchange (ASX). The acquisition involves 19 230 770 shares purchased at a price of 2.6 Australian cents per share, which will be...
The Dubai World Trade Centre (DWTC) has partnered with Informa Group to create a pioneering global entity in Exhibitions and Event Management. This strategic collaboration will operate primarily from the Middle East, South Asia, and Africa regions. The new company, named Informa International, is expected to be fully operational by the fourth quarter of 2025...
42 Abu Dhabi has entered into a Strategic Collaboration Agreement with the Abu Dhabi National Oil Company (ADNOC) to empower young Emirati coders by providing them with practical experience in energy industry applications. This initiative aligns with the UAE’s National Strategy for Artificial Intelligence 2031, aiming to equip local talent with essential coding skills for...
Emirates, the world’s largest international airline, has expanded its partnership with Expedia Group, a leading online travel platform. This expansion involves the full integration of Emirates’ New Distribution Capability (NDC) API with Expedia Group’s brands. This direct connection will enable Emirates to offer its entire range of fare products and services to Expedia Group’s global...
The Dubai Future Foundation (DFF) has officially signed a Memorandum of Understanding (MoU) with the Artificial Intelligence Center Hamburg (ARIC). This significant partnership marks DFF’s inaugural global collaboration aimed at enhancing advancements in artificial intelligence. The MoU was established to foster joint efforts in AI research and development, paving the way for innovative projects that...
PureHealth has announced a partnership with the Abu Dhabi Early Childhood Authority (ECA) aimed at improving health outcomes for children across the UAE. This collaboration seeks to provide holistic healthcare solutions that cater specifically to the needs of young children in the region. The initiative will focus on integrating health services with early childhood education...
SC Ventures, the innovation and fintech investment arm of Standard Chartered, has announced a partnership with Visa to enhance support for small and medium-sized enterprises (SMEs) across the Middle East and North Africa (MENA) region. The agreement, formalized through a Memorandum of Understanding (MoU) at the Visa Innovation Center in Dubai, aims to develop solutions...
Flynas, the prominent low-cost airline in the Middle East, has successfully finalized a Murabaha financing agreement with Bank AlJazirah valued at SAR 495 million (approximately $132 million). This financing will support the acquisition of three advanced Airbus A320neo aircraft, a move aimed at boosting the airline’s operational capacity and enhancing competitiveness within the Saudi aviation...
Allied Gold has announced a partnership with a United Arab Emirates-based investment group, Ambrosia Investment Holding, to enhance its mining operations in Africa. The deal is expected to provide vital regional expertise and broader market support, as Ambrosia is positioned at the forefront of the UAE’s renewable energy sector. As part of the agreement, Ambrosia...