Daily Archives: December 27, 2023

Business & Investments

Finalists announced for the 10th annual Light Middle East Awards    

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Respected industry awards ceremony recognises the brightest talents across MEA and internationally

The prestigious ceremony will take place on the last day of Light + Intelligent Building Middle East, 2024, which takes place from 16-18 January

The main categories for 2024 are ‘Project of the Year’, ‘Product of the Year’ and ‘Partner of the Year’ with nominees including Atlantis The Royal and the Kingdom Centre Tower

Dubai, UAE: As the 10th edition of the Light Middle East Awards approaches next month, the shortlisted entries for the awards ceremony have been officially announced. Taking place on thefinalday of Light + Intelligent Building Middle East on 18 January at the Palazzo Versace Dubai,the Light Middle East Awards aim to recognise excellence in the lighting industryand attract the attention of lighting professionals and enthusiasts from all over the world.

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Featured

New Arabic Language Council headquarters in Nouakchott

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New Arabic Language Council headquarters in Nouakchott inaugurated with a generous contribution from Sharjah Ruler

Sharjah, December 27, 2023

Under the patronage of Mauritania President Mohamed Ould Cheikh El Ghazouani, and through the contribution of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and Supreme President of the Arabic Language Academy (ALA) in Sharjah, the new headquarters of the Arabic Language Council in Nouakchott, Mauritania, was inaugurated on Monday. 

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Technologies

 Moro Hub Powers Sustainable Digital Transformation for Dubai Islamic Bank with a Green Data Centre

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Dubai, UAE, 27 December 2023:Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed an agreement with Dubai Islamic Bank (DIB), a pioneer in Islamic banking, enabling the bank to leverage Moro Hub’s state-of-the-art green data centre facilities located in the Mohammad Bin Rashid Solar Park.

The agreement was signed during COP28 UAE at Expo City Dubai. The signing ceremony was addressed by Mohammad Bin Sulaiman, Chief Executive Officer of Moro Hub and Obaid Al Shamsi, Chief Operating Officer of Dubai Islamic Bank in the presence of several other VIPs and notable dignitaries from both parties.

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Business & Investments

AD Ports Group and RSPA Sign Definitive Concession Agreement

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In the presence of Egypt’s Prime Minister

AD Ports Group and RSPA Sign Definitive Concession Agreement to Develop and Operate Multipurpose Terminal in Safaga Port

Capt. Mohamed Juma Al Shamisi: This is a significant milestone in line with the vision of the wise leadership to strengthen trade ties between UAE and Egypt.

Cairo, Egypt/ Abu Dhabi, UAE – 27 December 2023: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry,has today announced that it has signed adefinitive concession agreementwith the Red Sea Ports Authority (“RSPA”) for the development and operation of a multi-purpose terminal at Safaga Sea Port. Following the Government of Egypt’s approval, thissignificant milestone reaffirms the strong trade ties between the United Arab Emirates and the Arab Republic of Egypt.

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Featured

UAE Farm Harvests 5 Million Euros from Carbon Credits in Eco-Friendly Agriculture Triumph

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UAE Farm Harvests 5 Million Euros from Carbon Credits in Eco-Friendly Agriculture Triumph

Dubai – December 27, 2023: An innovative agricultural project in the United Arab Emirates, has marked a significant milestone by generating 5 million euros from carbon credit sales. This achievement illustrates a successful blend of economic gain and environmental responsibility, leveraging the latest trend in global climate action initiatives.

Carbon credits are permits that allow a company to emit a certain quantity of greenhouse gases, with one credit equaling the emission of one ton of carbon dioxide or its equivalent in other greenhouse gases. Companies are allocated a specific number of these credits. If they reduce their emissions and have surplus credits, they can sell these to other companies in what is known as carbon markets.

Dr. Lal Bhatia,

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