Author: Mahdeehassan

Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX), ranked among the world’s top 20 stock exchanges, reinforced Abu Dhabi’s position as a global financial hub at the ADX Investor Conference in New York, held in collaboration with Morgan Stanley. The ADX-led delegation featured 15 of Abu Dhabi’s largest listed issuers, with a combined market capitalization exceeding USD 300 billion. Over two days, 29 and 30 September, these companies met directly with major U.S. institutional investors. The event also featured the participation of a high-level economic delegation from Abu Dhabi, comprising over 100 senior representatives from both government and…

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, participated in a joint workshop organized in collaboration with The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET). The workshop highlighted the importance of accelerating the global expansion of SMEs originating from the UAE. As part of the workshop, Hamad Al Omran, Head of Strategy & PMO at ECI, shared key insights on how the company’s strategic partnerships contribute to strengthening the UAE’s export sector. He also highlighted ‘Xport Xponential,’ a targeted program developed to help…

Riyadh, Saudi Arabia – Schneider Electric, the global leader in the digital transformation of energy management and automation, has signed a strategic partnership with Petra Engineering Industries Company, a leading manufacturer of HVAC (heating, ventilation, and air conditioning) systems. The partnership introduces a new line of Premium Efficiency Air-Cooled Chillers, specifically engineered to meet the demands of Saudi Arabia’s data centers while reducing energy consumption and carbon emissions. The partnership highlights Schneider Electric’s ongoing commitment to strengthening the Kingdom’s digital infrastructure and supporting national goals for localization, sustainability, and innovation under Vision 2030. The agreement was signed during the second day…

Dubai Dury Free is heading into the final quarter of the year, setting a new monthly record in September, with sales reaching AED 671.79 million (US$184 million). This new record was fueled by a strong surge in demand for luxury goods, electronics, and confectionery. This milestone eclipses the previous September record of AED600 million (US$165 million) set in 2024, marking an impressive AED71.29 million (US$19.53 million) increase or 11.87% year-on-year growth and securing the highest September sales in the company’s history. September now ranks as a top 10 ever month for Dubai Duty Free, contributing to a remarkable series…

Dubai, UAE – IBM (NYSE: IBM), a global leader in hybrid cloud, AI, and consulting, and nybl, a science-based AI company and IBM Business Partner, today announced a new collaboration to accelerate the adoption of AI across critical infrastructure sectors, including energy, utilities, and industrial operations. By combining IBM’s watsonx portfolio of AI products, specifically watsonx.governance, with nybl’s domain-specific expertise, the collaboration aims to enhance enterprise operational resilience, improve efficiency, and deliver greater business value. At the center of this collaboration is nybl’s ‘n.vision’ platform, integrated with IBM’s watsonx AI and data platform, which includes robust AI governance capabilities, and the…

Abu Dhabi: Silal, the UAE’s leading agri-food and technology company, and Limagrain Vegetable Seeds (LVS), the vegetable seed division of Limagrain, an international seed group and agricultural cooperative, have partnered to establish the Center of Excellence for Abiotic Resilience and Crop Genomics (ARC-GEN) at the Silal Innovation Oasis in Al Ain. The partnership was signed by His Excellency Dhafer Al Qasimi, Group Chief Executive Officer of Silal, and Sébastien Chauffaut, Group Chief Executive Officer of Limagrain. The agreement was followed by a ceremony for the planned facility, which will focus on enhancing crops’ ability to withstand extreme conditions such as heat,…

Cairo – As part of its ongoing efforts to strengthen the digital payments ecosystem, Banque du Caire announced the signing of a new strategic partnership agreement with Taly, the leading digital payments enabler in Egypt, building on a successful collaboration that began two years ago. The partnership between Banque du Caire and Taly initially focused on the acquiring services for the Bank’s customers, achieving significant success over the past two years. Continuing this fruitful cooperation, the two parties have now signed a new agreement in the field of credit card processing, under which Taly will be responsible for managing the Bank’s credit…

Dubai, UAE (1 October 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company that it is participating in WETEX 2025 (September 30–October 2) at the Dubai World Trade Centre at the invitation of the organizer, Dubai Electricity and Water Authority (DEWA). FF is exploring cooperation opportunities aligned with the UAE’s Net Zero 2050 Strategy and Clean Energy 2050 Strategy, accelerating the implementation of FF’s Middle East Third Pole Strategy and promoting the vision of smart, green, and sustainable mobility in the Middle…

Bahrain Bourse (BHB), a licensed exchange regulated by the Central Bank of Bahrain, has appointed Al Ramz Corporation PJSC, a leading regional financial services group, as its financial advisor to support the formulation of a comprehensive capital market development plan to further strengthen Bahrain’s capital markets ecosystem. The agreement was formalized during a signing ceremony at Bahrain Bourse headquarters, attended by Chairman of Bahrain Bourse, Mr. Yusef Abdullah Al Yusef, Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al-Khalifa, and Chairman of Al Ramz Corporation, Mr. Dhafer Sahmi Al Ahbabi and Group Managing Director of Al Ramz Corporation,…

United Arab Emirates, Dubai: Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, today premiered a new film on the sail of Jumeirah Burj Al Arab, in recognition of its colleagues who make the experience special for guests. The film, entitled ‘This is the Spirit of Jumeirah’, features colleagues from the brand’s over 11,000-strong team comprising 140 nationalities and was projected over 200 metres against the backdrop of the iconic hotel. Lighting up the night sky, the cinematic tribute could be seen by residents and visitors up to 20km away across Dubai. As part of the premiere, Jumeirah…