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Day: May 20, 2025

Sanad and Etihad Bolster Aviation Supply Chain with Acquisition of Trent 700 Engines

May 20, 2025 by emadmin

Abu Dhabi: Sanad, the global aerospace engineering and leasing solutions leader, has announced the acquisition of Rolls Royce Trent 700 engines from Etihad Airways, the national airline of the United Arab Emirates. The agreement was signed by Kashish …

Categories Business, Trading

Tawazun Council and Solutions+ Sign Agreement for AI and Shared Services

May 20, 2025 by emadmin

Abu Dhabi: Tawazun Council and Solutions+, a Mubadala Company, have signed a Memorandum of Understanding to initiate a partnership aimed at enhancing corporate services, digital and AI solutions, and shared service capabilities. This agreement represe…

Categories Business, Trading

UAE Engages in Discussions on Intellectual Property at INTA Meeting in San Diego

May 20, 2025 by emadmin

San Diego: The United Arab Emirates participated in the International Trademark Association’s (INTA) Annual Meeting held from 17 to 21 May 2025 in San Diego, United States of America. The meeting focused on the future of intellectual property amid tec…

Categories Business, Trading

ADNOC and EGA Forge $500 Million Partnership to Localize Aluminum Production Supply Chain

May 20, 2025 by emadmin

Abu Dhabi: In a strategic move to enhance local supply chains and support industrial growth, ADNOC and Emirates Global Aluminium (EGA) have entered into a significant five-year supply agreement. This partnership will see ADNOC providing up to 1.5 mill…

Categories Business, Trading

MoIAT Secures AED40 Billion in Bank Partnerships to Boost UAE Industrial Innovation

May 20, 2025 by emadmin

Abu Dhabi: Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the signing of five Memoranda of Understanding (MoUs) between the ministry and a group of leading national banks: First Abu Dhabi Bank, Emirates NBD, Abu…

Categories Business, Trading

DP World to Launch $2.5 Billion Logistics Infrastructure Investment in 2025

May 20, 2025 by emadmin

Dubai: DP World will invest $2.5 billion this year to expand its global logistics network, launching major infrastructure projects across India, Africa, South America, and Europe in response to rising demand for resilient, integrated supply chain solu…

Categories Business, Trading

G42 and iGenius Collaborate to Launch Europe’s Largest AI Compute Cluster

May 20, 2025 by emadmin

Abu Dhabi: In a significant move to strengthen UAE-Italy strategic relations, G42, the prominent AI technology group from Abu Dhabi, through its subsidiary Core42, has announced a strategic partnership with iGenius. The collaboration aims to establish…

Categories Business, Trading

Brookfield, Lunate to Launch $1 Billion Residential Build-to-Sell Joint Venture

May 20, 2025 by emadmin

Abu Dhabi: Brookfield Asset Management, through its Middle East private equity strategy, and Lunate, an Abu Dhabi-based global alternative investment manager with more than US$110 billion in assets under management, today announced a joint venture (JV…

Categories Business, Trading
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