Category Archives: Business & Investments

Business & Investments

Dubai Investments Appoints Nishant Shah as the Chief Financial Officer

Dubai, UAE, 27 March 2026 – Dubai Investments PJSC, has announced the appointment of Nishant Shah as its Chief Financial Officer (CFO).

Nishant has been serving as the Acting Chief Financial Officer since July 2025, having previously held the role of Finance Director, ensuring continuity and stability within the Group’s finance function during the leadership transition.

In his role as Chief Financial Officer, Nishant will be responsible for leading the Group’s financial strategy, overseeing financial reporting, treasury and investment activities in addition to further strengthening financial governance across Dubai Investments’ diversified portfolio.

Nishant Shah

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Business & Investments

Dubai Chambers & CII: Boosting Trade Between UAE and India

Meeting explored ways to advance economic cooperation

Dubai Chambers develops action plan with Confederation of Indian Industry to boost trade and investment flows between Dubai and India

  • H.E. Mohammad Ali Rashed Lootah: “We remain committed to providing integrated support that enables companies to benefit fully from Dubai’s strengths as a strategic platform for regional and international growth.”

Dubai, UAE – Dubai Chambers has hosted a meeting with senior representatives from the Confederation of Indian Industry (CII) to enhance trade and investment flows between Dubai and India. During the meeting, the two sides agreed to develop a joint action plan aimed at broadening business partnerships across a range of priority sectors.

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Business & Investments

Mubadala Sells Stake in CoolIT to Ecolab: $4.75 Billion Deal

Mubadala Agrees to Sell Minority Stake in CoolIT to Ecolab in KKR-led $4.75 Billion Transaction

Abu Dhabi, UAE – 26 March 2026 – Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based global investor, today announced that it has entered into a definitive agreement to sell its minority stake in CoolIT Systems (“CoolIT” or “the Company”), a global leader in liquid data center cooling, to Ecolab as part of a transaction valued at $4.75 billion led by KKR.

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Business & Investments

Strengthening Dubai-Czech Economic Ties

Dubai Chambers discusses trade and investment opportunities with Prague Chamber of Commerce

  • H.E. Mohammad Ali Rashed Lootah: “We are committed to advancing economic relations between Dubai and the Czech Republic and building high-value partnerships that contribute to stronger business ties.”
  • The President of Prague Chamber: Strong interest among Czech companies in investing and expanding in Dubai
  • 145 Czech companies were registered as active members of Dubai Chamber of Commerce by the end of 2025, representing annual growth of 28.3%.

Dubai, UAE – Dubai Chambers has explored ways to strengthen economic relations between the business communities in Dubai and the Czech Republic during a meeting with a delegation led by Petr Michal, President of the Prague Chamber of Commerce. Both parties reaffirmed their commitment to expanding cooperation in investment, trade, and the digital economy to deepen partnerships between companies in the two markets.

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Business & Investments

Elevate Financial Services: Redefining Wealth Management in the UAE

Elevate Financial Services Launches in the UAE to Champion Unconventional Investing for Modern Markets

Founded by industry veteran Madhur Kakkar, the SCA-regulated firm introduces a tactical, liquidity-focused Investment services l for mass-affluent investors across the UAE and Oman

Dubai, UAE, 24th March, 2026: Investors in today’s fast-moving markets face rigid wealth management models, limited access to tactical strategies, and a lack of transparency. These are barriers that often prevent them from capturing opportunities or preserving capital effectively. Elevate Financial Services LLC has launched in the UAE to help overcome these challenges, offering an unconventional, liquidity-focused approach designed for mass-affluent investors seeking institutional-grade strategies through a platform-agnostic, unbiased structure.

Madhur Kakkar, Founder & CEO, Elevate Financial Services

Founded by Madhur Kakkar, a financial services leader with more than two decades of experience across global banking and regional brokerage institutions, Elevate aims to redefine how investors approach wealth creation in current day fast-moving markets.

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