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 […]
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 […]