Category Archives: Business & Investments

Hitachi Energy is ahead of schedule with its purpose-driven growth plan

Hitachi Energy is ahead of schedule with its purpose-driven growth plan

Hitachi announced acquisition of remaining shares from ABB ahead of schedule further supporting Hitachi Energy’s 2030 Plan

Dubai: September 30, 2022 – Hitachi Energy Ltd (“Hitachi Energy”) today announced that Hitachi, Ltd. (TSE: 6501, “Hitachi”) has signed a share transfer agreement for the remaining 19.9% shares from ABB Ltd (SIX: ABBBN, “ABB”), pursuant to the acquisition agreement signed on December 17, 2018(1). This is in line with the plan and ahead of schedule, and the transfer of shares will be completed by end of December 2022, subject to regulatory approvals. 

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Collaboration will be the key to solving food security challenges, agreed speakers at 12th GPCA Agri-Nutrients Conference

Collaboration will be the key to solving food security challenges, agreed speakers at 12th GPCA Agri-Nutrients Conference

The conference concluded yesterday at the Address Sky View Hotel, Dubai, UAE

Dubai, United Arab Emirates, 30 September 2022 – Only through greater collaboration and coordination between the public and private sector will current and future food security challenges be resolved in the run up to 2030, agreed speakers at the 12th annual edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Agri-Nutrients Conference, which took place on 28-29 September 2022 at the Address Sky View Hotel, Dubai, UAE.

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UAE Banks Federation Audit Committee holds its sixth meeting (and second for 2022)

UAE Banks Federation Audit Committee holds its sixth meeting (and second for 2022)

Abu Dhabi, United Arab Emirates; 29 September 2022:

The Audit Committee of the Board of Directors of UAE Banks Federation, the representative and unified voice of the UAE banks, held its sixth meeting (and second for 2022) remotely on the 7th of September to discuss a number of important topics and review the financial statements and internal audit reports of the Federation.

 

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Second Transparency Report Reaffirms Kuaishou International Business’….

Second Transparency Report Reaffirms Kuaishou International Business’ Commitment to Protecting Users快手内部文档请勿外传

United Arab Emirates, Dubai, Sep 29th, 2022: Kuaishou International Business (KSIB), parent business to leading short-form video platforms – Kwai and SnackVideo – released today their second Transparency Report covering from January 1st, 2022 to June 30th, 2022.

Based on the results of the report, KSIB (Kwai/ SnackVideo), has set stricter Community Guidelines in order to further enhance protective measures taken by the platform to ensure user digital safety and wellbeing.

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Stellantis Middle East signs MoU with Siemens to Develop EV charging infrastructure for Electric Vehicles

Stellantis Middle East signs MoU with Siemens to Develop EV charging infrastructure for Electric Vehicles

Dubai, United Arab Emirates, 29 September 2022 Stellantis Middle East, signed a memorandum of understanding (MoU) with Siemens to jointly develop smart EV charging infrastructure technologies for the Middle East. This includes creating packaged solutions for customers, and electrification of Last Mile delivery services in Middle East markets.

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