Browsing: Business
Hamad Mohammed Al-Nasr, Director of Trade Development and Investment Promotion, Ministry of Commerce and Industry delivered the official keynote address for Day 2 of the inaugural Seatrade Maritime Qatar event in Doha, Qatar stating that “This conference represents an opportunity to explore new areas of fruitful cooperation between Qatar and its global partners and is an opportunity to exchange knowledge and experiences and enhance cooperation, and will contribute to opening new opportunities between companies and institutions.”
Under the patronage and in the presence of His Royal Highness Prince Dr. Hussam bin Saud bin Abdulaziz, Emir of Al-Bahah Region, His Excellency Eng. Abdulrahman bin Abdulmohsen Al-Fadley, Minister of Environment, Water, and Agriculture & Chairman of the Board of Directors of Saudi Water Partnership Company, signed the project agreements for the Ras Mohaisen Independent Water Plant Project. The signing ceremony took place at the Emirate of Al-Bahah Region. The project will be developed in Al-Qunfudhah Governorate, Makkah Region, with a daily production capacity of 300,000 cubic meters of desalinated water.
Dr Akram Awad, Managing Director & Partner at Boston Consulting Group (BCG), stated that the number of AI specialists in the UAE has grown by around 40% since 2022.
Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), hosted Massimiliano Cifalitti, President of ABB’s Smart Power Division, for a meeting at DEWA’s headquarters.
Dubai-based AI platform qeen.ai has raised $10 million in seed funding, marking it as one…
First Abu Dhabi Bank (FAB), the UAE’s largest lender, reported a 4% year-on-year (YoY) rise in net profit for 2024, reaching AED 17.1B (USD 4.6B).
Klickl, a UAE-based Web3 financial platform, has partnered with IMKAN Properties, an Abu Dhabi-based real estate developer, to enable cryptocurrency payments for property purchases.
AD Ports Group has signed a 50-year land lease agreement with Al Ain Mills, a subsidiary of Al Hazaa Investment Group, to develop a cutting-edge grain storage and processing facility at Khalifa Port’s South Quay. This initiative will strengthen the port’s infrastructure and reinforce its role as a major regional trade hub.
After weeks of rising excitement across the international AI community, Ai Everything GLOBAL is officially underway in the UAE after a thrilling opening day kicked off the year’s largest public-private global AI gathering.
New York-based BlackRock, the world’s largest asset manager with over $11 trillion in assets, is…