Category Archives: Business & Investments

Business & Investments

World Defense Show Unveils Innovative Features and Expansion for 2026 Edition

United Arab Emirates, Abu Dhabi, 18 February 2025: World Defense Show (WDS), founded by the General Authority for Military Industries (GAMI) in Saudi Arabia, today revealed several new features to be implemented at its upcoming third edition in 2026, under the theme, ‘The Future of Defense Integration.’ The details of the show, including the expansion of the venue space, were announced today at IDEX 2025 in Abu Dhabi. 

To be held from 8-12 February 2026 in Riyadh, Saudi Arabia, WDS will showcase the latest advancements in defense technologies across all five defense domains — air, land, sea, space, and security. Building on the success of its two prior editions, WDS 2026 will bring together global defense stakeholders to further foster collaboration, innovation, and international partnerships to strengthen global defense capabilities. WDS contributes to Saudi Arabia’s growth in the defense sector and is aligned with the goals of Saudi Vision 2030 to localize 50 percent of defense spending in the Kingdom.

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Business & Investments

Kanoo Machinery Hosts Open Day, Showcasing Advanced Machinery and Strategic Partnerships

Jeddah, Saudi Arabia 19th of February: Kanoo Machinery, the leading provider of world-class industrial machinery and solutions in the region, successfully hosted Kanoo Machinery Open Day on February 11, 2025, at its facility in Jeddah. The event served as a platform to showcase Kanoo Machinery’s state-of-the-art machines and equipment from its esteemed partners and principals.

Attended by prominent industry leaders, business partners, and customers, the event featured live displays and demonstrations of newly launched equipment, including the Grove TMC Crane, as well as handover ceremonies for recently acquired machines. Clients had the opportunity to explore advanced solutions designed to improve and enhance operational efficiency across industries.  

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Business & Investments

GCC Healthcare Industry set for robust growth, forecasts Alpen Capital

Rising demand, technological advancements and government initiatives drive sector growth

Dubai – February 19th, 2025: Alpen Capital’s latest healthcare industry report for the GCC forecasts the Current Healthcare Expenditure (CHE) in the region to reach US$ 159 billion by 2029, implying an annualized growth rate of 7.8%. During the forecast period, CHE in the GCC countries is anticipated to increase at growth rates ranging from 4.0% to 8.8%

UAE-based investment banking advisory firm, Alpen Capital, launched its latest GCC Healthcare Industry report which features forecasts on the sector, recent analysis on trends, growth drivers and challenges facing the segment. It also profiles some of the key healthcare companies in the region.

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Business & Investments

Dubai Chambers becomes first chamber of commerce in MENA to achieve certification

Dubai Chambers awarded prestigious Level 3 Organisational Maturity Certification by Global Innovation Management Institute (GIMI)

Dubai, UAE – Dubai Chambers has been awarded the Organisational Maturity Certificate (OMC) in Innovation – Level 3 by the Global Innovation Management Institute (GIMI) based in Boston, Massachusetts, USA. The achievement represents a significant milestone for Dubai Chambers that positions the organisation as the first chamber of commerce in the MENA region to receive the prestigious certification.

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Business & Investments

Mr. Hassan Siddiqui , General Manager, Home & Personal care, IFFCO Group at Gulfood 2025

Dubai February 19, 2025: Established in 1975, IFFCO is a multinational group headquartered in the United Arab Emirates with leading FMCG brands and a portfolio of industry solutions and services enriching the lives of millions of consumers and customers globally.

IFFCO runs 95 operations in 50 countries around the world and employs around 15,000 people and Its products reach 5 continents. With a portfolio of 80+ brands, it has firmly established itself as one of the main and most diversified groups in the Middle East.  

   

Mr. Hassan Siddiqui , General Manager, Home & Personal care, IFFCO Group at Gulfood 2025 briefing about the IFFCO strategy