Category Archives: Business & Investments

AD Ports Group Completes Restructuring of Noatum Group Assets

Abu Dhabi, UAE – 25 December 2024:  AD Ports Group, a leading enabler of global trade, logistics and industry (ADX: ADPORTS), today announced the completion of the biggest restructuring in its corporate history, integrating the assets of recently acquired Noatum Group into its existing business structure.

The integration of Barcelona-based Noatum Group, a vertically integrated provider of global logistics services with activities in 32 countries and 16 terminals in Spain, is designed to leverage Noatum’s international brand equity and solidify AD Ports Group’s corporate structure while pursuing its international expansion strategy.

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Group-IB Discovers Scam Campaign Leveraging Fake Betting Game Advertisements on Social Media

Over 300 deceptive advertisements detected across the Middle East, with some reported losses of over US$10,000

[Dubai; 24 December 2024] Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, announced that it has uncovered scammers across the Middle East leveraging fake betting game advertisements on social media to target users and steal personal data and funds.

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Emarat and Lootah Biofuels sign MoU to enhance cooperation in renewable energy

  • MoU to expand the collection network of used cooking oils through the retail stations network of Emarat
  • Plans to explore manufacturing of sustainable aviation fuel (SAF), and provide biodiesel to vessels in certain ports.

Dubai- United Arab Emirates- 24 December 2024:

The Emarat Petroleum Company (Emarat), the pioneering petroleum company, and Lootah Biofuels, a pioneer in the circular economy producing biofuels from used cooking oils, have signed a Memorandum of Understanding (MoU)to enhance cooperation in line with the UAE plans to develop renewable energy sourcesand enhance sustainability.

The MoU aims to establish a framework for cooperation between the two parties to achieve a set of common goals that contribute to reducing greenhouse gas emissions and other pollutants associated with traditional fossil fuels, contributing to improved air quality and environmental sustainability in line with the directives of Ministry of Energy and Infrastructure(MoEI)and efforts to promote clean and sustainable energy, achieving the goals of the National Biofuels Policy and the UAE Net Zero 2050 strategy.

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Hotpack Global welcomes Amnesty beneficiary Syed Irfan Nazar, reinforcing commitment to community welfare

Dubai, UAE – December 24, 2024 – Hotpack Global, the UAE’s leading manufacturer of sustainable food packaging products, has announced that it started onboarding selected individuals from the 100 shortlisted list of candidates, with 15 people already in the payroll, who utilised the opportunity to regularise their visa status under the recent UAE Amnesty scheme. 

Among the recruited candidates, Mr. Syed Irfan Nazar has been provided a life-changing opportunity at a time when he faced significant challenges due to his visa-related issues.

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