Sharjah, UAE, 23 April 2025 – Arakkal Gold and Diamonds, renowned for its heritage, exquisite craftsmanship, and commitment to customer trust, is poised to unveil its largest and innovative showroom at Safari Mall, Sharjah, on April 27th, 2025. This grand opening marks a significant milestone in Arakkal’s journey as a global luxury jewellery brand, seamlessly blending tradition with innovation to deliver an elevated customer experience.
Continue reading Arakkal Gold & Diamonds Opens Its Largest and Most Innovative Showroom in SharjahCategory Archives: Business & Investments
Moody’s Ratings Upgrades PNC Investments LLC (Sobha Realty)’s CFR to Ba2; Affirms Sukuk Rating at Ba2
Dubai, April 23, 2025: PNC Investments LLC (PNCI), the parent company of global luxury real estate developer Sobha Realty, has received an upgrade in its Corporate Family Rating (CFR) from Moody’s Ratings, which raised the rating to Ba2/stable from Ba3/stable. Additionally, the senior unsecured rating of PNCI’s existing $500 million sukuk issued by Sobha Sukuk Limited has been affirmed at Ba2, all outlooks remain stable.
Continue reading Moody’s Ratings Upgrades PNC Investments LLC (Sobha Realty)’s CFR to Ba2; Affirms Sukuk Rating at Ba2UAE Ranks Among Top Emerging Economies in AI Readiness: BCG Study
- BCG’s AI Maturity Matrix is a crucial indicator for future-oriented AI policy-making and strategic investment decisions.
- The UAE was ranked as a global emerging AI contender.Elevating private-sector investment, nurturing a broader pool of domestic AI talent, and bolstering R&D and innovation are all crucial to maintaining momentum.
- BCG’s ASPIRE framework offers a holistic view of AI readiness and paves the path for tailored, data-informed strategies to build and scale AI capabilities within national or regional ecosystems.
Lars Littig – BCG
Dubai, UAE, April 23, 2025 – The UAE ranks among the top emerging global economies in AI readiness, according to a report titled “GCC AI Pulse: Mapping the Region’s Readiness for an AI-Driven Future” by Boston Consulting Group (BCG). The report, based on BCG’s 2024 AI Maturity Matrix, was a focal point at the Dubai AI Assembly during the Dubai AI Week.
Continue reading UAE Ranks Among Top Emerging Economies in AI Readiness: BCG StudyTAQA Distribution and ADGM sign exclusive digital billing solution to ease conveyance for Al Maryah and Al Reem Island Residents
ABU DHABI, UAE – TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed a strategic agreement with ADGM, the leading International financial Centre in the region to enhance utility management services for residential tenants withing its jurisdiction on Al Maryah and Al Reem Islands. The agreement was signed in the presence of Omar Al Hashmi, CEO of TAQA Distribution, and Hamad Al Mazrouei, CEO of ADGM Registration Authority.
Orascom Development Releases Second Annual ‘Life With Purpose’ ESG 2024 Report
Reinforcing the Group’s broad commitment to sustainable integrated living and responsible growth
Dubai, UAE, 22 April 2025 – Orascom Development Holding, a leading international developer of vibrant, integrated communities in Europe, the Middle East, and North Africa, releases its second Environmental, Social, and Governance (ESG) 2024 Report under its ESG platform: Life with Purpose. The ESG 2024 Report marks a progressive milestone in the Group’s ongoing journey to build thriving, integrated, and sustainable communities, where people are empowered, and the environment is respected for future generations.
Continue reading Orascom Development Releases Second Annual ‘Life With Purpose’ ESG 2024 Report
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