Category Archives: Business & Investments

Business & Investments

49% of GCC Organizations Champion Digital Maturity Potential, Driving the Region’s AI-Powered Growth

  • 47 % of organizations in the GCC leverage AI for value-creation, with a significant portion embedding it into core business functions to generate measurable value.
  • The GCC public sector outpaces global peers in digital and AI readiness, driven by ambitious government initiatives and successful digital rehauls since 2021.
  • Future-built organizations in the GCC achieve significant competitive advantages, including 2.1x higher market share over peers.
  • While 25% of GCC organizations have reached the top two stages of digital & AI maturity—compared to 31% globally—challenges remain in driving organization-wide AI transformations.

Dubai, UAE, February 3, 2025—Boston Consulting Group (BCG) has unveiled its latest report, Unlocking Potential: Strategies Driving GCC’s Digital & AI Maturity. The study reveals how organizations in Qatar, Saudi Arabia, and the United Arab Emirates leverage digital and AI strategies to accelerate transformation. The findings demonstrate that organizations with mature digital and AI capabilities achieve substantially higher revenue and enterprise value.

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Business & Investments

His Highness Sheikh Saud bin Saqr Al Qasimi witnesses key MoUs between RAKEZ, CII, and MIDC at UAE-India: Partnership for Enduring Prosperity Forum

Ras Al Khaimah, 30 January 2025: His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, witnessed the signing of significant Memorandums of Understanding (MoUs) during the ‘UAE-India: Partnership for Enduring Prosperity’ forum, held recently at the Waldorf Astoria, Ras Al Khaimah. The forum brought together leaders and innovators to strengthen economic collaboration between the UAE and India.

The MoUs, signed between Ras Al Khaimah Economic Zone (RAKEZ) and key Indian entities such as the Confederation of Indian Industry (CII) and Maharashtra Industrial Development Corporation (MIDC), aim to bolster trade and investment opportunities. The agreement with CII focuses on facilitating the growth of Indian businesses by providing tailored support, hosting industry events, and promoting Indian enterprises within the RAKEZ ecosystem. Meanwhile, the MoU with MIDC emphasises strengthening trade ties between Ras Al Khaimah and Maharashtra by fostering investor connections, promoting a business-friendly environment, and collaborating on mutually beneficial projects.

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Business & Investments

EGA certified to Aluminium Stewardship Initiative Chain of Custody Standard, enabling first production of ASI-certified metal

Abu Dhabi, United Arab Emirates, 31 January 2025: Emirates Global Aluminium, the biggest ‘premium aluminium’ producer in the world, has been certified to the Aluminium Stewardship Initiative’s Chain of Custody Standard for its facilities in the UAE.

The Aluminium Stewardship Initiative Chain of Custody Standard sets requirements for the tracking and accounting of responsibly-produced raw materials and metal throughout the value chain, from mine to consumer. It complements the Aluminium Stewardship Initiative’s Performance Standard, which certifies facilities for their sustainability performance.

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Business & Investments

SunMoney Solar Group Wins Prestigious MESIA Solar Award

Dubai, United Arab Emirates – 30th January, 2025 – SunMoney Solar Group, a pioneer in renewable energy and sustainable innovation, is proud to announce its recognition at the 2025 Middle East Solar Industry Association (MESIA) Solar Awards.

The group was honoured in the Best MENA-Based Overseas Performer category, a prestigious accolade that highlights its outstanding contributions to advancing renewable energy initiatives beyond the MENA region.

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Business & Investments

DWTC unveils February Calendar of Events

  • February sees the return of much-anticipated events including MedLab, AEEDC, Ai Everything GLOBAL, Breakbulk, World of Coffee, Dubai International Boat Show, and Gulfood

Dubai, United Arab Emirates, 31 January 2024: Dubai World Trade Centre (DWTC) has announced its action-packed February events calendar, featuring 12 high profile events at its world-class venues, including the Dubai International Conference and Exhibition Centre (DICEC) and Dubai Exhibition Centre (DEC) in Expo City. Additionally, Ai Everything GLOBAL will take place at The St. Regis Saadiyat Island Resort in Abu Dhabi and DEC respectively, while the Dubai International Boat Show will be hosted at Dubai Harbour.

Medlab Exhibitions & Conference: 3-6 February

A premier event for the medical laboratory industry, Medlab Middle East 2025 spotlights the latest advancements in laboratory medicine. With this year’s edition bringing together industry leaders under the theme “Building businesses. Bridging gaps. Fostering connections”, the exhibition features eight dedicated product categories, while the Medlab Middle East Congress delivers 12 CME-accredited conferences covering essential industry topics such as laboratory management, haematology, clinical chemistry, and immunology.

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