Category Archives: Business & Investments

Business & Investments

ADQ and Energy Capital Partners to establish a USD 25 billion US-based investment partnership

ADQ and Energy Capital Partners to establish a USD 25 billion US-based investment partnership focused on developing new power generation to serve the growing electricity needs of data centers

  • 50-50 partnership will focus on serving the needs of data centers and industrial centers in the US and selected other international markets over the long-term
  • Mandate includes greenfield development, new build and expansion opportunity projects

Abu Dhabi, UAE; Washington DC, USA – 19 March 2025: ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the USA, have entered into an agreement to establish a 50-50 partnership in new build power generation and energy infrastructure.

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Business & Investments

Global Financial Centre Index: Dubai becomes a ‘Global Leader’ and achieves several ‘firsts’

London and Dubai: 20 March 2025 Dubai’s progress as one of the world’s leading global financial centres has been recognised in the latest edition the Global Financial Centre Index rankings with success being attributed to DIFC’s achievements over the last 20 years.

Published by Z/Yen in London, the most credible index for the financial services industry rates 119 financial centres across the world combining assessments from financial professionals with quantitative data which form instrumental factors.

31,314 financial centre assessments were collected from 4,946 financial services professionals who responded to the GFCI online questionnaire. The GFCI is updated regularly, and ratings change as assessments and instrumental factors change.

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Business & Investments

Farnek launches Flexitalent to address increasing demand for technology-driven workforce outsourcing solutions  

Dubai, United Arab Emirates, 20 March 2025: Leading UAE-based smart and green facilities management (FM) company Farnek has launched Flexitalent, a dedicated technology-driven workforce provider, offering versatile and tailored solutions for a range of vertical industry sectors throughout the UAE.  

Flexitalent, part of the Farnek Group of companies, integrates technology-driven workforce management solutions, through smart payroll systems, digital attendance tracking and AI-powered workforce analytics, enabling organisations to streamline staffing operations across a range of diverse industry sectors.

Markus Oberlin, Group CEO of Farnek.

Farnek launched Flexitalent as a dedicated workforce solutions company to satisfy the increasing demand from businesses that want to enhance operational efficiency, compliance, flexibility and cost-effectiveness.

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Business & Investments

DWTC Welcomes 2.65 Million Attendees in 2024, Reinforcing Dubai’s Global Leadership in Business Events

  • DWTC hosted 378 exhibitions and events in 2024, up 26% year-on-year
  • DWTC expanded its events calendar in 2024 with 40 new additions, including 10 exhibitions, 17 conferences, and 13 association conventions.
  • Exhibitions and Conferences attracted nearly 59,000 exhibiting companies, with 77% being international
  • International participation at MICE events rose by 30% year-on-year accounting for over 942,000 attendees

Dubai, United Arab Emirates, 20March 2025:Dubai World Trade Centre (DWTC), the region’s leading business enabler and global events powerhouse, has unveiled its 2024 results, showcasing record-breaking performance that underscores Dubai’s continued economic growth and its position as a powerful international platform for business and trade enablement. DWTC welcomed 2.65 million event participants in 2024, marking a 7% increase compared to the previous year. The results were driven by a robust calendar of 378 Meetings, Incentives, Conferences and Exhibitions (MICE), business and consumer eventsreflecting a notable 26%year-on-year growth.

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Business & Investments

iACCEL GBI welcomes Dhruv Verma as Strategic Growth Advisor to Empower Startups Across MENA

19th March,2025 Dubai, UAE:iACCEL Gulf Business Incubator (iACCEL GBI), a leading go-to-market accelerator launched under the patronage of Dubai SME, is pleased to onboard Dhruv Verma, Founder and CEO of Thriwe, as Strategic Growth Advisor. This appointment reinforces iACCEL GBI’s commitment to fostering a thriving startup ecosystem across the UAE and MENA region, by bringing in successful entrepreneurs, established thought leaders and Intellectual Capital.

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