Category Archives: Business & Investments

Business & Investments

Dubai Clear and Nasdaq Dubai Receive European Securities and Markets Authority “ESMA” Tier 1 Recognition

  • Status makes Dubai the only market in the MENA region with ESMA recognised Tier 1 CCPs.
  • Recognition confirms that Dubai Clear and Nasdaq Dubai operate under regulatory and risk frameworks aligned with EU market infrastructure standards.

Dubai, 7 January 2026: Dubai Clear, a subsidiary of Dubai Financial Market (DFM), and Nasdaq Dubai, the Middle East’s leading international financial exchange, announced that they have been formally granted Tier 1 Third-Country Central Counterparty (CCP) recognition by the European Securities and Markets Authority (ESMA), effective 31 December 2025.

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Business & Investments

Largest World Future Energy Summit opens tomorrow in Abu Dhabi with goal to set global clean energy leadership agenda

  • Flagship renewable energy event expects 50,000+ leaders, innovators, and policymakers as seven conference streams explore sustainability blueprints
  • Various new platforms to heighten Summit’s role as global think tank, while cross-border partnerships promise to transform climate commitments into real impact
  • On-site Greenpeace Cinema to screen award-winning documentary, Ocean with David Attenborough’ daily throughout three-day show at ADNEC Centre Abu Dhabi

Abu Dhabi, UAE – 12 January 2026: The 18th World Future Energy Summit opens tomorrow (January 13) at the ADNEC Centre Abu Dhabi, marking the largest and most ambitious chapter yet in one of the world’s most influential clean energy and sustainability gatherings. Taking place as part of Abu Dhabi Sustainability Week and hosted by Masdar, the Summit convenes global leaders at a pivotal moment for energy transformation, combining expanded conferences, next-generation technology showcases, and new engagement formats designed to accelerate real-world impact.

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Business & Investments

GFH Partners Manrre REIT (CEIC) PLC and Palmon Group unveil new temperature-controlled chemical warehouse in JAFZA

The state-of-the-art facility strengthens Dubai’s position as a regional hub for regulated chemical storage and specialised logistics.

Dubai, January 12, 2026: GFH Partners Manrre REIT (CEIC) PLC (“Manrre” or “the Fund”), managed by GFH Partners Ltd. (“GFH Partners”),  together with its development manager Palmon Group FZCO (“Palmon Group”), today announced the opening of a specialised temperature-controlled chemical warehouse in Jebel Ali Free Zone (Jafza), further expanding the Fund’s Grade A logistics portfolio.

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Business & Investments

Speedex Tools Unveils Expanded Deira Flagship Store on 35th Anniversary

Strategic expansion aligns with UAE’s accelerating construction and infrastructure growth, reflects strong market momentum and rising B2B trade demand

The new-format modernized outlet supports growing wholesale volumes and regional re-export activity

Dubai, UAE –Speedex Tools, one of the UAE’s long-standing names in industrial tools and hardware solutions, has marked a significant milestone with the grand relaunch of its newly refurbished and expanded flagship store in Deira Souq, the very location where the brand began its journey 35 years ago.

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Business & Investments

Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia

New Saudi manufacturing facility to produce advanced solar tracking systems for the Middle East and North Africa region

Riyadh, Saudi Arabia – January 12, 2026: Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and regional renewable energy transformation objectives and Net Zero targets.

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