Category Archives: Business & Investments

Business & Investments

Noatum Ports Enhances Safaga Terminal with New Cranes

Noatum Ports Safaga Terminal – Egypt Receives STS and RTG Cranes, Enhancing Connectivity Across the Red Sea

Abu Dhabi, UAE – 06 April 2026: Noatum Ports, the international ports operating arm of AD Ports Group (ADPORTS:ADX), today confirmed the delivery of three new ship-to-shore (STS) and six rubber tyred gantry (RTG) cranes to its new multipurpose terminal in Safaga, Egypt, marking a crucial step ahead of the opening later this year of a major new commercial maritime gateway on the Red Sea in southern Egypt.

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Business & Investments, Featured

Mashreq Launches Digital Accounts for UAE-based Egyptians

Dubai, UAE; 06 April 2026: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of a new service for its UAE-based Egyptian customers. For the first time, UAE-based customers of Egyptian nationality can open accounts with Mashreq Egypt instantly, fully remotely, and enjoy a single view of their accounts and transfer money in real time – all through the Mashreq UAE mobile app.

Fernando Morillo, Global Head of Retail Banking

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Business & Investments

KEZAD Group Attracts AED 147 Million in New Projects Across Al Ain and Abu Dhabi

Five new projects span more than 84,000 sqm and create 500 jobs,
extending KEZAD’s strong 2025 growth momentum

Abu Dhabi, UAE – 06 April 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, today announced that it has attracted five new industrial and logistics projects across KEZAD Al Ain and KEZAD Al Ma’mourah – Abu Dhabi, with investors committing a combined investment of AED 147 million, a total footprint of over 84,000 square metres, and the creation of 500 jobs.

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Business & Investments

Malabar Gold & Diamonds Opens Largest Showroom in Vizag

Malabar Gold & Diamonds Launches Relocated and Expanded Showroom at Visakhapatnam; Marks Largest Showroom of the Brand in Andhra Pradesh

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 445 showrooms across 14 countries, has unveiled its relocated and expanded showroom in VIP Road, Visakhapatnam, marking the brand’s largest showroom in Andhra Pradesh. The launch marks a significant expansion of its retail presence in one of Andhra Pradesh’s key coastal markets.

The showroom was unveiled by Indian actress Sruthi Haasan, in the presence of Andhra Pradesh MLA Mr. V Ramakrishna Babu; Mr. Asher O, Managing Director of India Operations at Malabar Gold & Diamonds; Mr. Siraj PK, Retail Head at Malabar Gold & Diamonds, other senior management team members, customers and well-wishers.

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Business & Investments

IEP Process Solutions expands its role in UAE industrial utilities with multi-million-dirham analyser systems contract

  • The strategic utilities project will support industrial operations by delivering power, steam, and other essential utilities to petrochemical facilities in Abu Dhabi.
  • IEP will design, engineer, manufacture, assemble, inspect, and conduct shop testing of six complete steam and water analysis systems.
  • The regional analytical and instrumentation market is projected to reach USD 1.65 billion by 2033.

April 06, 2026

IEP Process Solutions, a leader in analytical solutions and a subsidiary of the Centena Group, secured a multi-million-dirham contract to supply advanced analyser systems for a strategic utilities project supporting industrial operations in Abu Dhabi.

The mandate strengthens the company’s position as a key supplier for future energy and utilities projects across the UAE and reinforces its ongoing mission to support the country’s drive toward energy efficiency, industrial self-reliance, and technological innovation. The company will work closely with all relevant project stakeholders to ensure the timely delivery and seamless integration of the systems.

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