Category Archives: Business & Investments

Business & Investments

Dubai Shines at Asia Pacific Superyacht Summit 2025 – Showcasing Diverse Yachting Destination Proposition

The Dubai Department of Economy and Tourism’s participation at event in Hong Kong highlighted the importance of collaboration, with the efforts of key partners amplifying Dubai’s global yachting appeal

Dubai, United Arab Emirates – 13 May 2025: The Dubai Department of Economy and Tourism (DET) has concluded a highly successful participation at the Asia Pacific Superyacht Summit 2025, welcoming strong interest from the maritime industry and solidifying its position as a leader in sector knowledge sharing.

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Business & Investments

Fortress Investment Group Establishes Office in Abu Dhabi to Advance Global Strategy

New office underscores Fortress’s long-term commitment to the Gulf and strengthens alignment with strategic capital partners in the region

Abu Dhabi, UAE – 14 May 2025 – Fortress Investment Group (“Fortress”), a leading global investment manager, today announced the opening of a new office in the Abu Dhabi Global Market (ADGM), and permission to undertake regulated activities through receipt of its Financial Services Permission from the ADGM Financial Services Regulatory Authority – marking a significant milestone in the firm’s global expansion.

The establishment of a permanent presence in Abu Dhabi—the capital of the United Arab Emirates and one of the world’s most sophisticated financial centers—reflects Fortress’s long-term view of the Gulf region as a key pillar of global capital formation and deployment. The new office will enable Fortress to expand its local footprint, deepen relationships with regional investors, and accelerate co-investment across private credit, real estate, and asset-based strategies.

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Business & Investments

WakeCap raises US$28 million Series A to scale sensor-powered project controls for global construction

RIYADH, SAUDI ARABIA AND SAN FRANCISCO (CA), USA –  [May 14, 2025] – WakeCap, the sensor-powered project intelligence and controls platform trusted by the world’s most ambitious construction and oil and  gas programs, today announced the close of its US$28 million Series A round. The round was led by UP.Partners, with participation from Graphene Ventures and strategic investors across the U.S., Saudi Arabia, and Asia.

Dr Hassan Albalawi, CEO and Founder of WakeCap

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Business & Investments

” The UAE’s Inspiring Economic Model Marks a Bold Leap Toward the Future”Says Egyptian Entrepreneur Ahmed Abou Hashima

UAE, 12 May 2025: During his keynote speech at the “Startup Power Competition“, Egyptian entrepreneur Ahmed Abou Hashima praised the UAE’s visionary economic approach and considered it as one of the most successful models of economic transformation, having rapidly evolved into a global hub for investment and trade—driven by a clear national vision and long-term strategic planning.


He also commended the UAE’s bold integration of artificial intelligence across the education, healthcare, and government sectors, positioning it as a global benchmark for Arab nations and describing it as ‘an inspiring story, not just a successful economic model.'”

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Business & Investments

EcoOnline expands into Middle East with strategic appointment of regional director

Middle East’s rapid industrial and regulatory transformation accelerates need for safety and sustainability solutions

Dubai, United Arab Emirates – May 13, 2025 – EcoOnline, a leading global provider of safety and sustainability solutions, has announced its expansion into the Middle East, reinforcing its commitment to support the region’s industrial and regulatory transformation. EcoOnline has appointed seasoned safety and compliance professional Nicholas Matta as Regional Director, Middle East, to lead this next phase of regional growth, enabling organisations to achieve their health, safety and sustainability goals.

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