Abu Dhabi, UAE; October 01, 2024: Alpha Dhabi Holding PJSC (“Alpha Dhabi” or “ADH”) (ADX: ALPHADHABI), a leading investment holding company in the UAE, has successfully completed its divestment of 49% of its subsidiary Alpha Dhabi Construction Holding (ADCH) to ADQ, an Abu Dhabi-based investment and holding company. ADH will retain a 51% shareholding in ADCH, continuing its commitment to the construction sector in strategic partnership with ADQ.
“Abu Dhabi SME Champions” facilitates AED 88.6 million in procurement deals in first 6 months
Abu Dhabi – 30 September 2024:
Continue reading “Abu Dhabi SME Champions” facilitates AED 88.6 million in procurement dealsUAE, Abu Dhabi – 30th September 2024: Dorsch Global, a leading international consulting and engineering organization operating across Europe, MEAA, the United States, and the United Kingdom, has appointed a new Global Executive Board to spearhead the company’s global strategic initiatives. Ayman Haikal, an experienced leader with over 33 years in executive management, engineering, project management, and business development, has been named Chief Executive Officer of Dorsch Global. Haikal also holds the dual role of Middle East, Asia, and Africa Region CEO, underscoring the significant emphasis Dorsch Global places on the MEAA region, particularly within the GCC and Northern Africa.
With more than 30 years of his career spent at Dorsch, Haikal has a proven track record of driving significant organic and inorganic growth within the organization, managing signature, complex city-wide projects, and expanding into new sectors and geographies, especially in the United Arab Emirates that Haikal calls his home and the land of opportunity.
CEO of Dorsch Global, Ayman Haikal, said: “The UAE truly is a land of opportunity, fostering growth for both its residents and businesses by providing a dynamic environment where innovation and entrepreneurship thrive, with its forward-thinking policies, strategic location, and world-class infrastructure, the UAE continues to attract talent and investment from around the globe, creating a vibrant ecosystem where ambitious individuals and companies like Dorsch can flourish.”
Ayman Haikal, CEO of Dorsch Global
Continue reading Dorsch Global Strengthens its regional presence by promoting its Middle East, Asia and Africa (MEAA) CEO to the role of Global CEO.Closes Acquisition of 50% Stake in Terra-Gen
ABU DHABI, United Arab Emirates & NEW YORK – OCTOBER 01, 2024 – Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).
Continue reading Masdar Accelerates U.S. Renewables ExpansionGCC retail industry sales to jump at a CAGR of 4.6% to US$386.9 billion in 2028 from US$309.6 billion in 2023 – revealed at Middle East Retail Forum 2024
Taking on the theme of “The Power of Next”, the Middle East Retail Forum 2024 coalesced entrepreneurs, professionals, innovators, and thinkers to forecast the future of retail in the GCC.
Date: Dubai, UAE; September 30, 2024
The retail industry in the GCC is projected to boom at a compound annual growth rate (CAGR) of 4.6 percent to US$396.9 billion in 2028 from US$309.6 billion in 2023, according to the GCC Retail Industry report by Alpen Capital revealed at the 13th edition of the Middle East Forum (MRF) on September 26, 2024, at JW Marriott Hotel Marina, Dubai. The industry leaders at the forum highlighted the potential of the thriving market, exploring factors and trends that will pump more investment into the region.
Continue reading Middle East Retail Forum 2024
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