DUBAI/WAM TECOM Group has completed the acquisition of new commercial and industrial assets as part of an AED1.7 billion strategic plan that was announced in May 2024. This milestone is in conjunction with TECOM Group’s announcement to develop premium Grade-A office spaces worth AED340 million at Dubai Internet City with the launch of Innovation Hub Phase 3, bringing the total ...

ABU DHABI/WAM Emirates Global Aluminium (EGA) on Thursday announced its intention to acquire 80 percent of the American aluminium recycling firm Spectro Alloys Corporation. The current owner-managers will retain a 20 percent shareholding. EGA and Spectro Alloys have signed an equity purchase agreement and the transaction is expected to close during the third quarter of 2024. The acquisition, which is ...

ABU DHABI/WAM AD Ports Group has issued a white paper titled “Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports” as a valuable resource for understanding the dynamics of digital transformation in the maritime sector and its critical role in enhancing global trade efficiency. Presented in the white paper is an in-depth analysis of the transformative impact of digital technologies ...