ABU DHABI / WAM Presight AI Holding, a G42 company and a big data analytics company powered by artificial intelligence (AI), on Monday announced its intention to carry out an initial public offering (IPO) and subsequently list its shares on the Abu Dhabi Securities Exchange’s (ADX) first market. The UAE Securities and Commodities Authority approved the Company’s application for the ...
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AD Ports enters Uzbek logistics market via JV with SEG Enera
ABU DHABI / WAM AD Ports Group and SEG Enera Group, one of the multisectoral holding companies in Uzbekistan, on Monday announced the formation of a new joint venture, ADL-Ulanish, that will provide end-to-end global logistics services across the Republic of Uzbekistan. Through the new joint venture enterprise, AD Ports Group will bring its cutting-edge expertise in global supply chain ...
Read More »Dubai’s Dulsco buys Scottish energy recruitment firm AGR
DUBAI / WAM Dulsco Group has announced on Monday that it has successfully acquired Advance Global Recruitment Ltd (AGR), a leading energy recruitment firm based in Edinburgh. With offices in Scotland and the UAE and clients across 70 countries, AGR brings a wealth of specialist expertise in oil, gas, and renewables recruitment to Dulsco Group. This acquisition strengthens Dulsco Group’s ...
Read More »Dubai WoodShow 2023 kicks off at DWTC with 400 exhibitors
DUBAI / WAM The 19th edition of the Dubai International Wood and Woodworking Machinery Exhibition is set to commence on Tuesday at the Dubai World Trade Centre to showcase the most innovative products, technologies, production scenarios, and large-scale machinery to wood industry key players and participating representatives of government agencies from the region. The Dubai WoodShow, the only dedicated trade ...
Read More »Abu Dhabi gets new wholesale farmers market at Mina Zayed
ABU DHABI / WAM Abu Dhabi Agriculture and Food Safety Authority (Adafsa) opens a new farmers’ market at Zayed Port in Abu Dhabi to serve as a platform for wholesalers, retailers, and consumers interested in buying medium to large quantities of locally sourced products. The move follows the directives of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, ...
Read More »ZHO produces bags for Sheikha Fatima Fund for Refugee Women
ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) produced bags made by Women of Determination — by recycling fabrics and materials — to be donated to the Sheikha Fatima Fund for Refugee Women. Dr Maitha bint Salem Al Shamsi, Minister of State, appreciated this initiative of supporting the participation of People of Determination in the UAE’s ...
Read More »SLG to build AED200mn new plant at Dubai Industrial City
DUBAI / WAM Silver Line Gate Group (SLG) is constructing a new manufacturing, warehouse and corporate offices facility, spanning 1.37 million square feet at Dubai Industrial City, a member of Tecom group. The AED200 million manufacturing facility is set to open in Dubai Industrial City in 2025 to bolster the UAE’s commitment to building a self-reliant food security programme. SLG ...
Read More »Investment in quantum computing to be major economic driving force in 2 years
ABU DHABI / WAM Thought leaders and entrepreneurs from around the world discussed the opportunities presented by AI and quantum computing to optimise efficiency and growth in all walks of life, during Investopia 2023 conference. The session, titled “Quantum Leap: Transforming Industry Through Quantum Computing & AIâ€, was led by Jan Goetz, CEO and co-Founder of IQM Quantum Computers, Joanna ...
Read More »UAE, Oman sign pact to bolster climate efforts
DUBAI / WAM A UAE delegation, headed by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has concluded an official visit to Oman, during which ways of enhancing cooperation in fish farming, achieving net-zero targets, mangrove plantation and the UAE’s preparations for the 28th Conference of the Parties (COP28). The visit culminated in the signing of an ...
Read More »Sharjah all set to showcase tourism sector at ITB Berlin
SHARJAH / WAM Sharjah is set to showcase its unique and authentic tourism experiences at the world’s largest travel trade show, ITB Berlin from March 7-9, in which more than 15 government and private entities will be participating in the Sharjah exhibition along with the “Sharjah Commerce and Tourism Development Authority†(SCTDA), showcasing the diverse and vibrant aspects of the ...
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