Category Archives: Business & Investments

Mair Group for Strategic Investments Launches Operations in Abu Dhabi

Abu Dhabi, September 12, 2024: Mair Group for Strategic Investments announced the launch of its operations in Abu Dhabi, to utilize its potential in developing businesses within key economic sectors.

Mair Group’s investment portfolio includes a number of major local institutions and companies, including the Abu Dhabi Cooperative Society, which was launched in 1980, and then expanded after its merger with Al Ain, Dalma, and Al Dhafra Cooperative Societies in 2023, based on the decision issued by the Department of Economic Development – Abu Dhabi,to enhance its role in economic and social development.

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Mubadala Energy Expands Andaman Sea Position 

Company Secures Additional Acreage in Strategic Central Andaman Block

Successful Completion of Drilling Campaign Provides Pathway for Development Plan

Abu Dhabi / Jakarta – 11 September, 2024 – Mubadala Energy, the Abu Dhabi headquartered international energy company, has today announced two significant milestones in its Andaman exploration activities.

The company together with Harbour Energy has been awarded the Central Andaman licence (Harbour 60% operated interest, Mubadala Energy 40%) by MIGAS, the Indonesian oil and gas regulator as part of the recent Indonesian licensing round. The acquisition further strengthens Mubadala Energy’s growth strategy in the Andaman Sea, providing added prospectivity in the basin.

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ACCA and EAAA solidify partnership with a shared mission

ACCA and EAAA solidify partnership with a shared mission to advance the finance and accounting profession in the UAE

Partnership focuses on key initiatives that support the development of finance professionals, enhance industry standards, and promote best practices in the region

Dubai, UAE; September 12, 2024: The Association of Chartered Certified Accountants (ACCA) and the Emirates Association of Accountants & Auditors (EAAA) have solidified their partnership with a shared mission to advance the finance and accounting profession in the UAE. The renewed partnership was signed during the Finance, Excellence & Leadership Summit (FELS) 2024, which was held in Dubai.

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معرض عالم الصمامات 2024 في دوسلدورف يستفيد من الطلب المتزايد في الشرق الأوسط

سوق الصمامات الصناعية في الشرق الأوسط يشهد نمواً ملحوظاً ليصل إلى 5 مليار دولار أمريكي

الإمارات العربية المتحدة، دبي – سبتمبر ,112024: من المتوقع أن يصل سوق الصمامات الصناعية في الشرق الأوسط إلى ما يقرب من 5 مليارات دولار أمريكي في غضون الخمس إلى السبع سنوات القادمة، بعد أن كان يبلغ حالياً 2.5 مليار دولار، وذلك بفضل التطور السريع للبنية التحتية في المنطقة، مع نمو سنوي مركب يزيد عن 6%.

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VALVE WORLD EXPO 2024 in Düsseldorfrides on ME demand

US$2.5 billion Middle East Industrial Valves Market on upswing to touch nearly US$5 billion

Dubai, September 11, 2024: The Middle East industrial valve market is set to touch nearly US$5 billion in the next five to seven years from the current US$2.5 billion, on the back of the rapid infrastructure development across the region, growing at a CAGR of more than 6 per cent.

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