Category Archives: Business & Investments

Business & Investments

Masdar Closes Deal to Acquire TERNA ENERGY

Announces Goal to Supercharge Growth in Greece and Eastern Europe

  • Masdar has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY to become majority shareholder of the Greek clean energy champion
  • Following the closing of the transaction, Masdar will seek regulatory approvals for launch of an all-cash mandatory tender offer to acquire all the remaining shares
  • Masdar will bring long-term capital and global expertise to supercharge TERNA ENERGY’s growth plans as it targets 6GW of renewable energy operational capacity by 2029, supporting the energy transition in Greece and Eastern Europe
  • The acquisition will play an important role in growing Masdar’s portfolio in Europe as it targets 100GW global capacity by 2030
Continue reading Masdar Closes Deal to Acquire TERNA ENERGY →
Business & Investments

First Abu Dhabi Business Weekexpects breakout launch with iconic global tech &business leaders

Abu Dhabi, 28November 2024:

The inaugural Abu Dhabi Business Week (ADBW) announced today a stellar lineup of global business leaders, innovators, and prominent public figures for its first edition commencing December 4th.

Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Abu Dhabi Business Week is hosted bythe Abu Dhabi Chamber of Commerce and Industry (ADCCI) in collaboration with Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi Investment Office (ADIO).

Continue reading First Abu Dhabi Business Weekexpects breakout launch with iconic global tech &business leaders →
Business & Investments

Leading Hospitality Services showcases groundbreaking sustainable solutions at Big 5 Global

The organization is addressing the most pressing challenges in the construction industry with its range of groundbreaking solutions that balance environmental benefits with economic viability

Dubai, UAE – November 28, 2024 – Leading Hospitality Services (LHS), a trailblazer in sustainable infrastructure and innovative green solutions, has showcased its latest technological advancements designed to balance environmental benefits with economic viability at Big 5 Global, the world’s most influential construction industry event. By leading conversations around retrofitting solutions, passive cooling technologies, and sustainable air quality management, LHS has demonstrated that sustainability and profitability can coexist.

Continue reading Leading Hospitality Services showcases groundbreaking sustainable solutions at Big 5 Global →
Business & Investments

Philippine Halal Investment Forum in ADIFE highlights investment opportunities in the country

  • Philippine Department of Trade and Industry (DTI) hosted the Philippine Halal Investment Forum during the Abu Dhabi International Food Exhibition (ADIFE) 2024 emphasizing Philippine expansion and economic opportunities in the global halal market
  • The forum emphasized the importance of the “Halal-Friendly Philippines” campaign and promoting halal-certified products to meet the rising demand in the UAE and the broader Middle East region

Dubai, UAE, 28 November 2024:

The Philippine Department of Trade and Industry (DTI) hosted the Philippine Halal Investment Forum during the Abu Dhabi International Food Exhibition (ADIFE) 2024. With the theme “Halal-friendly Philippines: Unlocking opportunities for global investments and trade,” the forum emphasized the country’s commitment to expanding its presence in the global halal market and unlocking economic opportunities for Filipino businesses.

Continue reading Philippine Halal Investment Forum in ADIFE highlights investment opportunities in the country →
Business & Investments

Swisslog France and La Réserve des Saveurs (Disprodal) – a revolutionary project for combined dry, cold and frozen food logistics.

Dubai, UAE, 28 November 2024 – Swisslog France ishonoured to announce its collaboration with La Réserve des Saveurs, a family-run business specializing in the culinary trades and a food distributor in the Rhône-Alpes region, for a fully automated storage/preparation facility.

AutoStore Multi-TemperatureGrid – Freeze –

Thanks to a revolutionaryprojectincorporatingAutoStoretechnology, this partnership marks a significantadvance in refrigeratedlogistics, with an innovation unprecedented in Europe: tri-temperature management. This new technology enables fresh, frozen, and dry products to bestoredsimultaneously, whileeliminating the need for traditional cold stores.

Continue reading Swisslog France and La Réserve des Saveurs (Disprodal) – a revolutionary project for combined dry, cold and frozen food logistics. →