News

  Abu Dhabi / WAM Borouge, a leading petrochemical company providing innovative and differentiated solutions, continues to strengthen its existing value-chain partnerships through several new opportunities in Egypt – a strategic market where the company has long-standing ties. Borouge has contributed to shaping country’s most prominent projects, which are driving demand for energy, infrastructure, and agriculture solutions. In 2020, Borouge ...

Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Wednesday announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, Mena’s largest digital freight network with a leading position across Saudi Arabia, the UAE, Egypt and neighbouring countries. Investcorp led the initial close of ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) and the General Civil Aviation Authority (GCAA) signed a memorandum of understanding (MoU) on Wednesday on linking the electronic payment systems. The MoU comes as part of both entities’ efforts to implement the UAE’s strategy and achieve its digital transformation objectives for services provided to individuals. It aims ...

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has rebranded and unveiled a new corporate identity with the aim of increasing the visibility of the group’s six main business sectors: Venues, events, hotels, food and beverage, services and tourism. Strengthening its position as a leading events and leisure tourism player in Abu Dhabi, Adnec group maximises ...

  Abu Dhabi / WAM Khalifa Fund for Enterprise Development has officially announced the launch of the E-Commerce Acceleration Programme, a training programme that focuses on helping entrepreneurs with their e-commerce capabilities and capacity. The programme strives to help deliver real results that impact the entrepreneur’s bottom line, generate profit, expand their brand’s exposure and improve customer engagement. The programme ...

Abu Dhabi / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), discussed with Tomasz Grodzki, Marshal of the Senate of Poland, the importance of enhancing bilateral cooperation and coordination on issues of mutual concern and ways of supporting joint parliamentary diplomacy, through mutual visits. During a phone call, Ghobash said that the bilateral ties between the UAE and ...

  Dubai / WAM Dubai Can, the citywide sustainability movement launched in February 2022 by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has seen a reduction in the usage of an equivalent of over 3.5 million 500 ml single-use plastic water bottles. The movement has achieved this ...

  Dubai / Gulf Time Spacee, which provides the best computer vision and AI solutions to help businesses drive new insights, improve efficiency and boost revenue, launched HoverTouch, the first plug-and-play solution transforming existing in-store surfaces, such as walls, glass or even cars, into interactive customer experiences that also enable clients to collect crucial data. Skip Howard, founder and CEO ...

  DUBAI / WAM The Emirates Health Services (EHS) Youth Council launched a comprehensive strategy to empower young people, hone their talents, and provide them with the necessary capabilities and skills to be active in the healthcare sector by having a voice and an influential presence. The strategy aims to provide a unique job experience for youth at EHS within ...

  Sharjah / WAM Khazna Data Centres and Beeah Digital have announced forming a joint venture that will bring to Sharjah its first Tier 3 data centre. In response, the joint venture is advancing the digital infrastructure in Sharjah, starting with an industry-standard Tier 3 data centre. The data centre will be equipped with high-tech security, fire and environmental control ...