Category Archives: Business & Investments

OpenText Opens Regional Headquarters in Riyadh, Deepening Commitment to Saudi Arabia and the Middle East

Canada’s Minister of International Trade, Hon. Maninder Sidhu marked the occasion as part of the Team Canada Trade Mission to Saudi Arabia

Riyadh, Saudi Arabia, January 13, 2026 – OpenText™ (NASDAQ/TSX: OTEX), a global leader in secure information management for AI, and one of Canada’s leading technology companies, today announced the opening of its Middle East regional headquarters in Riyadh, underscoring the company’s long-term commitment to Saudi Arabia and the region’s accelerating digital economy.

The opening was celebrated with the visit of Canada’s Minister of International Trade and Economic Development, Hon. Maninder Sidhu, and His Excellency Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia.   

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Emirates Islamic provides USD 500 million structured financing to Mass Group Holding

  • Landmark structured funding transaction is aimed at constructing the largest natural gas-fired plant in Europe.

Dubai, UAE, 06 January 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark structured funding transaction valued at USD 500 million to Mass Group Holding.

The funding will be used to construct a natural gas fired power plant with an impressive capacity of 1.7GWh, in Romania, set to be the largest of its kind in Europe. With a total project value estimated at EUR 1.2 billion, this facility is poised to become a cornerstone of Europe’s energy security and a significant driver of economic growth for Romania.

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Dubai Clear and Nasdaq Dubai Receive European Securities and Markets Authority “ESMA” Tier 1 Recognition

  • Status makes Dubai the only market in the MENA region with ESMA recognised Tier 1 CCPs.
  • Recognition confirms that Dubai Clear and Nasdaq Dubai operate under regulatory and risk frameworks aligned with EU market infrastructure standards.

Dubai, 7 January 2026: Dubai Clear, a subsidiary of Dubai Financial Market (DFM), and Nasdaq Dubai, the Middle East’s leading international financial exchange, announced that they have been formally granted Tier 1 Third-Country Central Counterparty (CCP) recognition by the European Securities and Markets Authority (ESMA), effective 31 December 2025.

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Largest World Future Energy Summit opens tomorrow in Abu Dhabi with goal to set global clean energy leadership agenda

  • Flagship renewable energy event expects 50,000+ leaders, innovators, and policymakers as seven conference streams explore sustainability blueprints
  • Various new platforms to heighten Summits role as global think tank, while cross-border partnerships promise to transform climate commitments into real impact
  • On-site Greenpeace Cinema to screen award-winning documentary, Ocean with David Attenboroughdaily throughout three-day show at ADNEC Centre Abu Dhabi

Abu Dhabi, UAE 12 January 2026: The 18th World Future Energy Summit opens tomorrow (January 13) at the ADNEC Centre Abu Dhabi, marking the largest and most ambitious chapter yet in one of the world’s most influential clean energy and sustainability gatherings. Taking place as part of Abu Dhabi Sustainability Week and hosted by Masdar, the Summit convenes global leaders at a pivotal moment for energy transformation, combining expanded conferences, next-generation technology showcases, and new engagement formats designed to accelerate real-world impact.

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GFH Partners Manrre REIT (CEIC) PLC and Palmon Group unveil new temperature-controlled chemical warehouse in JAFZA

The state-of-the-art facility strengthens Dubai’s position as a regional hub for regulated chemical storage and specialised logistics.

Dubai, January 12, 2026: GFH Partners Manrre REIT (CEIC) PLC (“Manrre” or “the Fund”), managed by GFH Partners Ltd. (“GFH Partners”),  together with its development manager Palmon Group FZCO (“Palmon Group”), today announced the opening of a specialised temperature-controlled chemical warehouse in Jebel Ali Free Zone (Jafza), further expanding the Fund’s Grade A logistics portfolio.

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