Business & Money | Wednesday 19 February, 2025 12:55 pm

Dubai Industrial City attracts over AED350 million F&B investments in 2024

Dubai Industrial City attracted more than AED350 million in investments from the food and beverage (F&B) sector in 2024, the region's leading industrial and logistics ecosystem announced on the side-lines of Gulfood, taking place at Dubai World Trade Centre until 21st February. Reflecting...

More Details

Business & Money | Wednesday 19 February, 2025 12:51 pm

XRANGE, Mira Aerospace partner to advance high-altitude platform station flight testing

XRANGE, the region's first international multi-domain Training, Testing, and Evaluation (TT&E) facility for defence, aerospace, and commercial applications, operated by REMAYA, signed a Memorandum of Understanding with Mira Aerospace, a subsidiary of Space42, to establish a permanent testing...

More Details

Business & Money | Wednesday 19 February, 2025 12:49 pm

EDGE reveals powerhouse suite of electronic warfare, radar, electro-optical systems at IDEX 2025

EDGE, one of the world’s leading advanced technology and defence groups, has unveiled a next-level range of new electronic warfare (EW), radar, and electro-optical/infrared (EO/IR) systems at the International Defence Exhibition & Conference 2025 (IDEX 2025). These cutting-edge systems...

More Details

Business & Money | Wednesday 19 February, 2025 12:46 pm

Sharjah welcomes Chinese delegation to cement economic ties

As part of its efforts to strengthen and advance international economic and investment cooperation, the Department of Government Relations (DGR) in Sharjah, in collaboration with the Sharjah FDI Office (Invest in Sharjah), received a high-level delegation from the People’s Republic of China...

More Details

Business & Money | Wednesday 19 February, 2025 12:44 pm

EWEC opens registration for Q1 2025 Clean Energy Certificates auction

Emirates Water and Electricity Company (EWEC) today announced that it has opened registration for its Q1 2025 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 14th March 2025. This initiative aligns with the UAE's Year of Community 2025 goals, which strive to...

More Details

Business & Money | Wednesday 19 February, 2025 12:41 pm

Emerge signs agreement with Tawazun Industrial Park for 13.25MWp solar PV plant

Emerge, a joint venture between Masdar and the EDF Group, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun Industrial Park (TIP). In the presence of Aurelien Delahaye, Deputy CEO ME of EDF, and Ali Alshimmari, Head of Strategic and Special Projects at Masdar, the...

More Details

Business & Money | Wednesday 19 February, 2025 11:34 am

Shalfa wins SAR 40.7M project with Modon

Shalfa Facilities Management Co. was awarded, on Feb. 18, a project with the Saudi Authority for Industrial Cities and Technology Zones (Modon) at a total value of SAR 40.7 million (tax inclusive). In a statement to Tadawul, the company said that the contract covers the operation and...

More Details

Business & Money | Tuesday 18 February, 2025 1:06 pm

Tawazun Industrial Park, Calidus sign cooperation agreement at IDEX 2025

Tawazun Industrial Park (TIP) and Calidus Group have signed a cooperation agreement aimed at expanding Calidus' manufacturing operations and utilising the integrated operational services provided by the Park. Signed on the sidelines of IDEX 2025, this collaboration is set to enhance the...

More Details

Business & Money | Tuesday 18 February, 2025 1:03 pm

UAE hosts Strategic Financial Dialogue with Russia to strengthen financial, investment cooperation

The UAE, represented by the Ministry of Finance, hosted the UAE-Russia Strategic Financial Dialogue in Abu Dhabi today. The forum aimed to strengthen cooperation across various financial and economic sectors of mutual interest and to discuss best practices in budget preparation, public-private ...

More Details

Business & Money | Tuesday 18 February, 2025 12:57 pm

ADNOC Distribution, TotalEnergies mark two-year anniversary of TEME joint venture in Egypt

ADNOC Distribution and TotalEnergies are celebrating two years of successful partnership in Egypt at this year’s Egypt Energy Show (EGYPES) with a co-branded booth that showcases the partnership’s role in strengthening Egypt’s energy infrastructure. In 2023, ADNOC Distribution acquired...

More Details