Category Archives: Business & Investments

Business & Investments

WaHa Secures $8 Million in Series A-1 Funding to Accelerate Global Growth

  • Funding supports a growing pipeline of opportunities across the UAE and broader GCC
  • WaHa’s atmospheric water generation (AWG) systems deployed in challenging environments including West Texas, Abu Dhabi, a remote UAE desert site, Riyadh, and Stockholm have achieved 99.998% mechanical reliability and produced 98.3% of target water volume—the highest sustained output in the industry
  • WaHa’s field trials at Khalifa University have proven its unique ability to harvest pure water reliably in the UAE’s harsh desert environment of extreme heat, low moisture, and frequent sandstorms.

Fremont, CA/Abu Dhabi, United Arab Emirates, Wednesday July 11, 2025:

Water Harvesting Inc. (WaHa) today announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from the company’s largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd.

Frank Ramirez-CEO

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Business & Investments

Strengthening Digital Ties: NPCI International Scales Up UPI Adoption in the United Arab Emirates (UAE)

10 July 2025, Dubai: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has detailed its progress in expanding Unified Payments Interface (UPI) acceptance across the UAE and unveiled the next phase of its strategy to deepen the platform’s integration. This ongoing effort supports the UAE’s vision of a cashless economy while enhancing cross-border payment experiences for the millions of Indians who travel between the two countries each year.

UPI, India’s real-time, account-to-account payment system, enables instant, secure transactions through mobile applications. Handling over 18 Billion transactions monthly, it has grown into one of the world’s leading digital payment infrastructures. An open, interoperable architecture and rigorous security framework allow UPI to adapt smoothly to regulatory environments beyond India, including the UAE.

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Business & Investments

Hotpack sustainability report reveals 97% of its 4,000-product portfolio now recyclable

  • The company targets net-zero emissions by 2050 through global research partnerships and innovation-led sustainability efforts, with plans to divert 40 tons of waste annually.
  • To introduce lightweight, fully recyclable packaging materials to significantly reduce carbon footprint and support circular economy goals.

Dubai, UAE – July 9, 2025: Hotpack, the UAE-based leader in sustainable packaging solutions, has unveiled its 2024 Sustainability Report, spotlighting that 97 per cent of its portfolio of over 4,000 products, is now recyclable or environmentally friendly. The company said in a statement that this achievement reflects on its commitment to reducing environmental impact while focusing on the ethical business practices and employee well-being.

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Business & Investments

Charles Group, Patel Family Office Sign $1 Billion Real Estate Pact at Global Wealth Conference

Dubai, UAE / LONDON, July 9, 2025 – In a landmark move aimed at bridging traditional real estate with emerging opportunities in infrastructure, Charles Group, one of India’s fastest-growing diversified conglomerates, signed a $1 billion strategic agreement with the U.S.- based Patel Family Office during the Global Wealth Conference 2025, hosted by the Sovereign Wealth Fund Institute (SWFI) at London’s historic Mansion House.

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Business & Investments

Savoye’s solution ‘ODATiO WMS’ goes live at CJ Logistics fulfilment centre – Phase 1 in SILZ

  • With Saudi Arabia’s eCommerce market size expected to reach USD 49.49 billion by 2030, scalable, intelligent logistics infrastructure have become critical.
  • Once fully operational, the warehouse will handle up to 15,000 orders daily with high-speed precision.

July 08,  2025: Savoye, a leading one-stop-shop integrator of automated warehouse solutions and software publisher in the Middle East, has successfully deployed its ODATiO Warehouse Management System (WMS) at CJ Logistics’ fulfilment centre for iHerb, located in the Riyadh Integrated zone that is developed and operated by Special Integrated Logistics Zone (SILZ) Company in Riyadh, Saudi Arabia.

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