Browsing: CEO

Binghatti Properties, a prominent real estate development firm in Dubai, and the luxury automotive company Mercedes-Benz have revealed the introduction of an innovative project known as Mercedes-Benz Places | Binghatti.

Today, Mauro Gianetti, the CEO and Team Principal of UAE Team Emirates, took the stage at COP28 to announce the team’s ambitious target of achieving net-zero status by 2030.

The Emirates Nuclear Energy Corporation (ENEC) has entered into a Memorandum of Understanding (MoU) with TerraPower, an American company specializing in nuclear innovation.

Investcorp Capital, a Bahrain-based investment manager, has successfully raised AED 1.66B ($451M) through the sale of roughly one-third of its shares in an IPO on the Abu Dhabi Securities Exchange. The company, affiliated with Mubadala Investment Company-backed Investcorp, finalised the offering price at AED 2.30 per share, establishing a market capitalisation of approximately AED 5.04B at the time of listing.

Adnoc Distribution, in the UAE, is set to quicken the expansion of electric vehicle (EV) charging points at its various locations in the next year.
According to its CEO, the company aims to have 50 operational charging points by the close of 2023, with a specific emphasis on highways where demand is higher. With over 500 service stations, Adnoc Distribution plans to play a crucial role in facilitating the increasing demand for EV cars.

UAE’s EDGE Group has confirmed the purchase of a 52% controlling interest in ANAVIA, a Swiss firm known for its expertise in creating versatile vertical take-off and landing (VTOL) systems weighing up to 750 kilograms and their associated capabilities. This acquisition solidifies EDGE’s position as a leading player in this highly specialized field.

Air Arabia intensifies sustainability efforts in the lead-up to COP28, acknowledging significant fuel efficiency improvements, with a new fleet of 120 aircraft.

Yahoo CEO, Jim Lanzone, has revealed plans for the company’s return to the public markets.…

KPMG, a renowned provider of audit, tax, and advisory services in Saudi Arabia, released its…

India-based eyewear e-commerce portal, Lenskart, has reached a definitive agreement with the Abu Dhabi Investment…