DEWA adopts new Microsoft generative AI tool

State-owned utility service provider, Dubai Electricity and Water Authority (DEWA) has adopted Microsoft Power Platform and its AI-powered tool Copilot. The move is part of DEWA’s efforts to utilize the latest global technologies in all areas and benefit from the capabilities of generative AI to enhance DEWA’s digital transformation. Copilot will assist software developers at […]

Abu Dhabi International Airport trials new Terminal A operations

The Abu Dhabi Global Market (ADGM) said its assets under management (AuM) surged by a record 35 per cent in the first half of the year, as the city’s main financial centre continues to attract major global and regional players. The latest data from the financial hub shows that a total of 102 asset managers, […]

UAE & Germany organize hydrogen energy industry workshop

Under the Emirati-German Energy and Climate Partnership, the UAE Ministry of Energy and Infrastructure (MoEI) and the Federal Ministry for Economic Affairs and Climate Action (BMWK) of Germany have organized an industry workshop on hydrogen strategies and carbon markets. The workshop was developed and executed hand-in-hand with the AHK Sustainability Series and Guidehouse. It brought […]

ECI & ADEX to support Angola’s digital transformation

Etihad Credit Insurance (ECI), the federal export credit agency of the UAE, has signed an insurance policy with Abu Dhabi Export Office (ADEX), which aims to support an initiative to implement a digital transformation project in Angola.  The collaboration, which is in line with the shared objectives of both parties, aims to secure funding projects […]

Masdar, DEWA ink deal to deliver 6th phase of world’s largest single-site solar park project

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, bore witness to the signing of an agreement between the Dubai Electricity and Water Authority (DEWA) and Masdar to build and operate the 1,800 megawatt (MW) phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park […]

Dubai Centre for AI: Accelerator Programmes attract hundreds of global startups

Since its launch earlier this year by the Dubai Future Foundation, 615 startups from 55 countries have applied in the Accelerator Programmes of Dubai Centre for Artificial Intelligence’s (DCAI) Thirty startups have secured their spot in the programmes and will develop their disruptive AI solutions during the eight-week programme, launched to provide advanced technology startups […]

UAE’s ADNOC Group to invest in Habshan carbon capture

UAE’s ADNOC Group has reached a final investment decision to develop the Habshan carbon capture utilisation and storage (CCUS) project. The CCUS project will have the capacity to capture and permanently store 1.5 million tonnes per annum (mtpa) of carbon dioxide within geological formations deep underground. The Habshan project will triple the company’s carbon capture […]

UAE introduces new end-of-service gratuity system for private sector employees

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced the UAE is bringing in a new end-of-service gratuity system for employees working in the private sector, as per state news agency WAM. Sheikh Mohammed bin Rashid Al Maktoum, while leading a UAE Cabinet meet, said: “We approved an optional […]

BHM Capital enters into partnership with Tawasal SuperApp

BHM Capital Financial Services has entered into a strategic partnership with Tawasal SuperApp, a premier communication and lifestyle application, to grant users access to local and international financial markets. The company said that this association will provide Tawasal SuperApp users with unparalleled access to both local and international financial markets via the BHM Capital Financial […]

Azizi & Hydro Way unite for supply of Italian DAB Pumps

UAE-based Azizi Developments has partnered with Hydro Way for the supply of Italian DAB pumps for Azizi’s Amber and Beach Oasis projects in Al Furjan and Dubai Studio City. Hydro Way is a globally recognized leader in the water technology sector. The Italian-based DAB Pumps has been pioneering in the water pump industry for over […]