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Month: May 2025

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

‘Tradition’ Interdealer Broker Opens Office in ADGM

May 20, 2025 by emadmin

Abu Dhabi: Tradition, the interdealer broking arm of Compagnie Financi¨re Tradition (CFT), has announced the opening of its first office in Abu Dhabi, establishing itself as one of the pioneering interdealer brokers within the Abu Dhabi Global Market …

Categories Business, Trading

Al Zeyoudi Highlights Role of CEPA Programme in UAE’s Industrial Growth During ‘Make it in the Emirates’

May 20, 2025 by emadmin

Abu Dhabi: Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, participated in a panel discussion titled “Redefining Industry, Trade, and Investment” as part of the opening ceremony at the “Make it in the Emirates” event, where he rea…

Categories Business, Trading

AD Ports Group and Advario to Explore Joint Venture for Clean Energy Liquid Bulk Storage

May 20, 2025 by emadmin

Abu Dhabi: AD Ports Group, a prominent entity in global trade and logistics, has signed a Head of Terms Agreement with Advario, a renowned global provider of tank storage and infrastructure solutions, to potentially establish a joint venture aimed at …

Categories Business, Trading
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