Alpha Dhabi delivers strong performance with H1 revenue of AED 29.3 billion and net profit AED 6.7 billion

Mohamed Thani Murshed Ghannam Al Rumaithi: “Alpha Dhabi has continued to build a resilient and forward-looking portfolio deep into 2024. With our sights firmly set on the future, our portfolio is geared towards catalysing opportunities that will enable and encourage enterprises to transform and adapt through innovation and sustainability.”

Eng. Hamad Al Ameri: “Alpha Dhabi continues to demonstrate significant performance across its portfolio by adding strategic investments in high growth industries that are shaping the future. We’re uniquely poised to ramp up our investment activities and align with growth opportunities that we know will add value to our portfolio and deliver impact whenever, and wherever we operate.”

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Moro Hub Grants ‘Tensor Engine Cloud Services’ the Green Certificate for its Commitment to Sustainable Digital Transformation

The Green Certificate highlights the company’s significant contribution to reducing carbon emissionsin choosing Moro Hub’s Green Data Center for its IT workloads.

Dubai, UAE, 1August 2024:Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Tensor Engine Cloud Services L.L.C, a company specialized in artificial intelligence technologies in the field of cloud computing security and dedicated to innovation and sustainability. The Green Certificate was presented by Sultan Al Ali, Director, Digital Business at Moro Hub to Roman Konstantinov, CEO of Tensor Engine Cloud Services L.L.C.

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Masdar and Total Energies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi

  • Focus of project is to decarbonize hard to abate, emission intensive sectors such as aviation and maritime industries
  • Agreement follows successful test flight by Masdar and TotalEnergies demonstrating potential for converting methanol to SAF
  • Project will capture and utilize CO2 from an industrial source as a feedstock for production of green methanol and SAF

Abu Dhabi, UAE – August 1, 2024: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.

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Industry Stalwarts Join the Mentor Board of iAccel GBI

1st August 2024, Dubai, United Arab Emirates: iAccel Gulf Business Incubator (iAccel GBI), a leading go-to-market accelerator, proudly announces the formation of our Mentor Board. This board is currently comprising of Mr. Sivarama Subramanian, Mr. Bashar Kilani & Mr. Karl Tlais, who are industry leaders with over 25-30 years of robust experience in their respective domains, will guide iAccel GBI and its portfolio startups towards growth in the UAE and Middle East region.

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Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa

  • Achieved No. 1 in the Middle East & Africa in Q1 and is now No. 1 in H1 in addition to Europe 30 and South America
  • Product offensive continues with the Pro Master EV Delivery van in North America and the 1-ton pickup launch in South America with the New Fiat Titano
  • Full renewal of Pro One van lineup, including12 nameplates across all segmentsfrom Citroën, FIAT Professional, Opel, Peugeot and Vauxhall
  • Widerange of vans with second-generation electrification (batteryelectric and fuel cell electric vehicles) and pickupswithfullconnectivity; Lineup of large LCVs also includes the new MultiJet 4.0 engine and innovativeAT8 8-speedtransmission
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