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September 9, 2026

Dubai approves major plans to boost economy, extends policy banning single-use plastics

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, approved a set of new initiatives to enable growth in Dubai’s industrial sector, incentives for the agricultural technology sector, and a policy banning single-use plastics, at a recent meeting of the council. Sheikh Hamdan said: “We approved […]

ADQ-backed Silal acquires majority stake in SAFCO Group

ADQ-backed Silal has acquired a majority stake in SAFCO Group, a UAE food and beverage distributor, in a deal that will bolster the company’s market presence and expand its footprint in the food service and distribution industry. The Abu Dhabi-based agtech firm said the transaction aligns with its growth ambitions and significantly strengthens its presence […]