Saeed Mohammed Al Tayer inaugurates DEWA Disruptive Lab

  Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inaugurated the DEWA Disruptive Lab (DDL) at Al Hudaiba building, which will serve as a hub to implement the Innovation and Future Shaping Framework. The move is in accordance with DEWA’s updated Innovation and Future Shaping Framework inspired by […]

UAE’s Aldar to build new flats, penthouses dedicated to holistic health, wellbeing

UAE developer Aldar Properties launched a new project on Monday that will boost its real estate portfolio with 204 new apartments and penthouses, as it looks to tap into the growing demand for homes purposely built to support holistic health and wellbeing. The new “wellness” development, dubbed The Source, forms the next phase of Aldar’s […]

Abu Dhabi’s Presight AI soars on market debut

  Shares in Abu Dhabi big data analytics company Presight AI climbed as much as 176% on their stock market debut after raising 1.82 billion dirhams ($495.6 million) in an initial public offering (IPO) for almost a third of the business. Presight’s shares rose as high as 3.70 dirhams on the Abu Dhabi Securities Exchange […]

DP World’s overseas logistics investments since 2012 cross $10bln mark

DP World has invested more than $10 billion (Dh37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the latest foreign direct investment (FDI) data released by leading industry consultants. The FT’s FDI Intelligence recently published its top five list for 2022, […]

UAE confirms water security will be core part of COP28 agenda in Dubai

  During the 2023 United Nations Water Conference, the UAE Minister of Climate Change and the Environment, Mariam bint Mohammed Almheiri, highlighted the UAE’s inclusive and action-orientated approach to water sustainability and its impact on the nation’s security and economy-wide roadmap to achieve net-zero emissions. Delivering the UAE’s national statement at the UN Water Conference, […]