Category Archives: Business & Investments

Business & Investments

International Development Bank (IDB) Joins AIM Congress 2025 as a Gold Sponsor

Abu Dhabi, UAE, 2 April 2025:International Development Bank (IDB) is proud to participate as a Gold Sponsor in the Future Finance portfolio at the 14th AIM Congress, taking place from April 7 to 9, 2025, at the Abu Dhabi National Exhibition Centre.

AIM Congress, supported by over 400 local and international partners, serves as a key platform for fostering collaboration, strengthening global financial cooperation, and showcasing the financial sector’s role in driving innovation and economic growth. The event highlights lucrative investment opportunities and facilitates meaningful connections between investors and decision-makers worldwide.

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Business & Investments

HIMA’s automatic safety test solution supports BASF new Verbund Site in Zhanjiang

HIMA Smart Safety Test leads to time saving and drives efficiency at BASF’s Zhanjiang Verbund Site Project in China.

28March 2025 – BASF’s largest new construction project in China, the Zhanjiang Verbund Site Project (ZVSP), requires high personnel and time expenditures for tests, especially Factory Acceptance Test (FAT), Integration Factory Acceptance Test (IFAT) and loop tests. To reduce these efforts, BASF has opted for the HIMA Smart Safety Test, integral part of SILworX®, HIMA’s engineering, diagnostics and test tool which enables a flexible, automated test concept over the entire life cycle of a safety system.

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Business & Investments

AIM Congress 2025 to Spotlight AI’s Role in Business, Society, and Innovation with a Three-Day Conference

Abu Dhabi, UAE, 28 March 2025: AIM Congress 2025, one of the world’s leading investment and economic forums, will feature a special three-day conference on Artificial Intelligence from April 7–9, 2025, bringing together global leaders, industry pioneers, and decision-makers. The AI World Championship 2025 will explore how AI is shaping industries, improving daily life, and opening new opportunities for businesses, governments, and communities.

A Three-Day Program Covering Business, Society & the Future of AI

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Business & Investments

Dubai Chamber of Commerce organizes workshop to highlight importance of sustainability reporting

Session attracted 147 participants from private sector companies

Dubai Chamber of Commerce organise workshop to highlight importance of sustainability reporting

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised a virtual workshop on sustainability reports. The online session highlighted the important role played by sustainability reporting in enhancing transparency surrounding Environmental, Social, and Governance (ESG) standards for investors, consumers, and regulatory bodies.

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Business & Investments

The Arab Energy Fund reports record financial results, celebrating a transformative year

  • Net income surges by 18% YoY to reach USD 266mn
  • Total assets grew by 10.5% YoY to reach USD 10.9bn
  • Results driven by asset growth, increased efficiencies, and a favorable interest environment

Saudi Arabia, 28 March 2025 – The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, today announced its financial results for the fiscal year ending December 31, 2024.

The Fund achieved a record performance with the highest-ever net income, driven by strong asset growth across all business lines, increased efficiencies, and a favourable interest rate environment.

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