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Epik Foods, a UAE-headquartered F&B company operating dozens of brands across the GCC, has acquired Abu Dhabi-based food group Sauce Capital after securing nearly $15 million in fresh funding. The strategic move is set to expand Epik Foods’ market share in the region while strengthening its foothold in Saudi Arabia and Abu Dhabi, where Sauce Capital already has a strong presence.

H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, attended the signing of multiple Memorandums of Understanding (MoUs) between the Dubai Press Club and key partners supporting the next phase of the Dubai Content Creators Programme. This initiative seeks to equip young media professionals with essential creative and technical skills to produce high-quality digital content.

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has introduced DEWA’s strategic roadmap to become the world’s first AI-native utility, integrating artificial intelligence (AI) across all key operations.