Category Archives: Business & Investments

ADQ partners with State Capital Investment Corporation to explore investment opportunities in Vietnam

ADQ partners with State Capital Investment Corporation to explore investment opportunities in Vietnam

  • Memorandum of Understanding between ADQ and State Capital Investment Corporation establishes a framework for investment collaboration in key sectors of mutual interest in Vietnam
  • Partnership strengthens bilateral relations between the UAE and Vietnam, following the signing of a Comprehensive Economic Partnership Agreement in 2024
  • Reinforces ADQ’s commitment to investing in high-growth markets that align with its strategic investment priorities
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Emirates Development Bank Champions Innovation at Sharjah Entrepreneurship Festival 2025

Sharjah, UAE, 07 February 2025 – Emirates Development Bank (EDB) reaffirmed its commitment to fostering entrepreneurship and innovation by actively participating in the 8th edition of the Sharjah Entrepreneurship Festival (SEF) 2025, held at the Sharjah Research, Technology, and Innovation Park from February 1-2.

Under the theme “Where We Belong,” the festival brought together over 300 global speakers from 45 countries, providing a platform for entrepreneurs, investors, and ecosystem enablers to exchange ideas and drive meaningful change in the UAE’s startup landscape.

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Hafeet Rail Awards Three Strategic Contracts and Secures a Landmark Agreement to Advance Oman-UAE Rail Connectivity and Logistics Excellence

  • A long-term commercial agreement signed for the transport of bulk material between Oman and the UAE, enabling the private sector to enhance the competitiveness of their products to reach regional markets.
  • Development of state-of-the-art railway logistics facilities in Al Buraimi and Sohar, designed for high-capacity freight handling and seamless multimodal operations.
  • Procurement of an advanced freight wagon fleet, engineered for optimized load distribution, increased efficiency, and smooth integration within the rail network.
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The Ascott Limited Announces Landmark Signing of The Crest Collection in Riyadh

The Ascott Limited, in partnership with Homod Altheeb Holding, is bringing The Crest Collection to Riyadh, marking the brand’s debut in Saudi Arabia. Located in the prestigious An Nakheel district, this high-end property will feature elegantly designed rooms, luxury amenities, and first-class facilities. The project aligns with Saudi Arabia’s Vision 2030, reaffirming Ascott’s commitment to growth in the Kingdom and enhancing Riyadh’s position as a global tourism hub.

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Dubai Chambers signs an MoU with United States Chamber of Commerce

Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with the United States (U.S.) Chamber of Commerce to strengthen trade relations and enhance the ties between the business communities of Dubai and the United States. The agreement aims to support the growth of bilateral trade and expand economic cooperation.

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