Category Archives: Business & Investments

Business & Investments

EWEC Opens Registration for its Q4 2024 Clean Energy Certificates Auction

Clean Energy Certificate scheme supports decarbonisation, in line with the UAE Net Zero by 2050 strategic initiative

2024 sees increased demand for Clean Energy Certificates, with new partnerships with key entities

Abu Dhabi, UAE — 13 November 2024: EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, supply, and system despatch services for water and electricity across the UAE, today announced that it has opened registration for its Q4 2024 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 13 December 2024.

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Business & Investments

Delmon Industrial Complex to Set Up AED 50M Plant in KEZAD

59,000 sqm facility to focus on servicing the oil and gas industry

Abu Dhabi, United Arab Emirates – 13 November 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art plant in ICAD III (KEZAD Musaffah) area to serve the requirements of the oil and gas industry.

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Business & Investments

First Audit, Anti-Fraud and IT Congress calls for unified strategy in fraud prevention and IT security

  • Abdulla Al Saleh, Undersecretary of Ministry of Economy: UAE at the forefront of fostering innovation and resilience in the realms of audit, fraud prevention
  • Abdulqader Obaid Ali:  Internal auditors should collaborate with other departments to make sure they maximize the resources and minimize the expenses
  • Congress organized by UAE Internal Auditors Association under the patronage of UAE’s Ministry of Economy in collaboration with the Association of Certified Fraud Examiners and Information Systems Audit and Control Association.
  • Ian Johnston, CCEO of DFSA:  The UAE, including Dubai, is becoming the destination of choice for many global businesses
  • 1000+ audit and anti-fraud professionals, cyber security and IT experts attend Congress
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Business & Investments

With an aim to prepare students for future success

ATLAB showcases interactive and fun-based learning solutions at GESS Dubai 2024

  • The company supports the UAE’s private K-12 education market growth projected to reach USD 9.58 billion by 2029.
  • ATLAB’s solutions will transform classrooms into tech-enabled spaces that foster creativity, enhance STEM learning, and prepare students for future success.
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Business & Investments

AI at Work in the Middle East, High Confidence and Rapid Adoption Drive Regional Leadership

  • Middle East Confidence in GenAI is Among the Highest in the Global South, with 51% of Respondents Expressing Positive Sentiment
  • BCG Study Finds Lower Anxiety About GenAI in the Global South, Including the Middle East, Compared to Global North Regions
  • Employees Show Strong Engagement with GenAI, Reflecting a Positive Outlook on AI’s Role in the Workplace

DUBAI, November 12, 2024 – The Middle East region is emerging as a global frontrunner in AI and GenAI adoption and confidence, according to Boston Consulting Group’s (BCG) latest “AI at Work Friend and Foe” study. The survey reveals a significant shift in sentiments and usage patterns in the region over the past year, with 51% of respondents ranking confidence as a primary sentiment in GenAI and positioning the region as one of the most confident in the Global South.

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