DP World has introduced a new shipping service that connects Jebel Ali Port in the UAE with Berbera Port in Somaliland. This initiative aims to improve trade connectivity between the Gulf region and East Africa, facilitating smoother and more efficient trade flows. Details of the New Route The Jebel Ali–Berbera service operates every nine days,…
A significant partnership has emerged between Presight and Khazna Data Centers, aimed at revolutionizing the management of data centres in the UAE. This collaboration will implement an AI-driven facility management system across Khazna’s network of 30 data centres, marking a pivotal step towards enhancing operational efficiency and sustainability. Central Command and Control Centre The initiative…
The UAE Ministry of Investment has partnered with Microsoft to launch a significant training initiative aimed at enhancing artificial intelligence (AI) skills among 100,000 employees in government sectors. This collaboration, formalized through a Memorandum of Understanding (MoU) during GITEX Global 2025, is part of a broader effort to strengthen the UAE’s investment landscape and align…
The Abu Dhabi Global Market (ADGM) has implemented new regulations aimed at strengthening the oversight of legal, tax, and corporate service providers. These changes are designed to promote transparency and accountability within the business ecosystem of ADGM, ensuring that firms adhere to higher professional standards. New Licensing and Governance Requirements The ADGM’s Registration Authority (RA)…
A significant acquisition in the tech industry has emerged as a consortium led by BlackRock, which includes major players like Nvidia and Microsoft, prepares to purchase Aligned Data Centers for around $40 billion. This move highlights the ongoing demand for AI infrastructure, which is crucial for supporting the growing needs of artificial intelligence technologies. Details…
Dh120b group now spans energy, food, logistics, mining, apparel, media, mobility, beauty Dubai: Multiply Group, the Abu Dhabi-based investment holding company, announced plans to acquire 2PointZero and Ghitha Holding through a share swap, marking one of its most significant portfolio moves to date. The proposal, approved by the Board of Directors, involves issuing new shares…
Gold prices in the UAE have surged past the Dh500 mark for the second consecutive day, reflecting a broader trend driven by global economic uncertainties. As of Wednesday morning, the price for 24K gold reached Dh501 per gram, while 22K gold climbed to Dh464. This increase marks a significant rise of over Dh80 per gram…
A groundbreaking development in building materials has emerged from the United States, where researchers have created a new type of engineered wood that boasts remarkable strength and lightweight properties. This innovative material, known as “Superwood,” has the potential to revolutionize the construction industry by offering a sustainable alternative to traditional materials like steel. The Journey…
B.R. Shetty’s journey from a modest beginning in Abu Dhabi to becoming a prominent figure in the UAE’s healthcare sector is a tale of ambition and success. However, his story has taken a dramatic turn, culminating in legal battles and financial turmoil. This article explores the trajectory of Shetty’s career, the rise of his business…
A new partnership has emerged in Dubai aimed at revolutionizing parking for Toyota and Lexus drivers. Parkin Company PJSC, the city’s leading paid public parking operator, has teamed up with Toyota Tsusho Connected Middle East (TTCME) to create innovative smart mobility and parking solutions. This collaboration was officially announced during GITEX Global 2025. Partnership Details…