Category Archives: Business & Investments

Business & Investments

AESG Launches Structural Design Division for Integrated Engineering Solutions

AESG Strengthens Fully-Integrated Engineering Platform with Launch of Structural Design and Engineering Division

Industry veterans Matthew Cross and Dr. Gavin Lume appointed to lead concept-to-construction structural delivery across the Middle East.

Dubai, United Arab Emirates – 30 March, 2026 – AESG, a leading global engineering and advisory firm, has announced the launch of a dedicated Structural Design and Engineering division, further strengthening its fully integrated, multi-disciplinary consultancy platform across the Middle East.

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Business & Investments

Dubai Investments Appoints Nishant Shah as the Chief Financial Officer

Dubai, UAE, 27 March 2026 – Dubai Investments PJSC, has announced the appointment of Nishant Shah as its Chief Financial Officer (CFO).

Nishant has been serving as the Acting Chief Financial Officer since July 2025, having previously held the role of Finance Director, ensuring continuity and stability within the Group’s finance function during the leadership transition.

In his role as Chief Financial Officer, Nishant will be responsible for leading the Group’s financial strategy, overseeing financial reporting, treasury and investment activities in addition to further strengthening financial governance across Dubai Investments’ diversified portfolio.

Nishant Shah

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Business & Investments

Dubai Chambers & CII: Boosting Trade Between UAE and India

Meeting explored ways to advance economic cooperation

Dubai Chambers develops action plan with Confederation of Indian Industry to boost trade and investment flows between Dubai and India

  • H.E. Mohammad Ali Rashed Lootah: “We remain committed to providing integrated support that enables companies to benefit fully from Dubai’s strengths as a strategic platform for regional and international growth.”

Dubai, UAE – Dubai Chambers has hosted a meeting with senior representatives from the Confederation of Indian Industry (CII) to enhance trade and investment flows between Dubai and India. During the meeting, the two sides agreed to develop a joint action plan aimed at broadening business partnerships across a range of priority sectors.

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Business & Investments

Mubadala Sells Stake in CoolIT to Ecolab: $4.75 Billion Deal

Mubadala Agrees to Sell Minority Stake in CoolIT to Ecolab in KKR-led $4.75 Billion Transaction

Abu Dhabi, UAE – 26 March 2026 – Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based global investor, today announced that it has entered into a definitive agreement to sell its minority stake in CoolIT Systems (“CoolIT” or “the Company”), a global leader in liquid data center cooling, to Ecolab as part of a transaction valued at $4.75 billion led by KKR.

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Business & Investments

Strengthening Dubai-Czech Economic Ties

Dubai Chambers discusses trade and investment opportunities with Prague Chamber of Commerce

  • H.E. Mohammad Ali Rashed Lootah: “We are committed to advancing economic relations between Dubai and the Czech Republic and building high-value partnerships that contribute to stronger business ties.”
  • The President of Prague Chamber: Strong interest among Czech companies in investing and expanding in Dubai
  • 145 Czech companies were registered as active members of Dubai Chamber of Commerce by the end of 2025, representing annual growth of 28.3%.

Dubai, UAE – Dubai Chambers has explored ways to strengthen economic relations between the business communities in Dubai and the Czech Republic during a meeting with a delegation led by Petr Michal, President of the Prague Chamber of Commerce. Both parties reaffirmed their commitment to expanding cooperation in investment, trade, and the digital economy to deepen partnerships between companies in the two markets.

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