Category Archives: Business & Investments

Business & Investments

Emirates NBD and DP World launch new co-branded Mastercard corporate card in the UAE, advancing the Dubai Economic Agenda 2033


Unique credit card product offers business, travel and lifestyle benefits for enterprises in the UAE, including for companies using DP World Group and Dubai Trade services

Dubai, UAE, 17 September 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, and DP World, a leading provider of global end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in partnership with Mastercard. The new credit card caters to all businesses, including those that use DP World and Dubai Trade services across its port and terminals in the UAE, as well as customs and logistics solutions.

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Business & Investments

Corporate Group and PwC sign MoU to build pathways, connecting academic excellence with corporate success

Dubai, Sep 18 – Leading Dubai – based financial advisory firm Corporate Group and PwC Academy Middle East have officially signed a Memorandum of Understanding (MoU), launching a strategic collaboration aimed at empowering the next generation of young professionals by bridging the gap between academic learning and real-world corporate experience.

This initiative seeks to provide ambitious students with a clear pathway into the corporate world, equipping them with the skills and hands-on experience necessary to thrive in today’s competitive marketplace.

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Business & Investments

Hitachi Energy’s new Relion REF650 delivers advanced protection and control for power distribution applications

  • All-newrelay ready to meet the demands of distribution automation and medium-voltage applications
  • Complemented by anIEC61850 Ed 2.1 compatible configuration toolto maximize security and interoperability
  • Demonstrates visionof a smarter, modular, and actively managed distribution network

Come see the REF650 at Cigre, Hitachi EnergyPalais des congrès, Stand No. S175

Dubai, UAE,Sep.18, 2024 – Today, Hitachi Energy achieved another milestone in extending its distribution automation offering with the launch of the Relion REF650 multi-application protection and control relay, specifically designed for medium-voltage power distribution grids. Enhancedflexibility, modularity, security, and a new, intuitive user interface make the REF650 uniquely suited forthe evolving power quality requirements acrossutilityand industrial operations.

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Business & Investments

Aggreko launches mid-size low emission Battery Energy Storage Systems in the Middle East

Dubai, UAE; September 18, 2024: To support regional companies making the transition to a greener future, Aggreko has introduced two new mid-size commercial Battery Energy Storage Systems (BESS) for smarter energy management. The newly launched range of fully integrated plug-and-play BESS solutions come in two sizes – 500 KW and 250 KW, to suit a wide range of industrial and commercial energy storage applications. They ensure maximum system effectiveness and deliver optimal system performance, minimise operating costs and reduce carbon footprint.

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Business & Investments

Ma Hawa: MENA Home to 15 Most Water-Scarce Countries Requiring Further Innovation to Ensure Water Security

Abu Dhabi, United Arab Emirates; 18 September 2024:

The Middle East and North Africa (MENA) region faces an unprecedented water crisis, with 15 out of the 20 most water-scarce countries located in the region. At the same time, reports suggest that by 2030, the amount of water available per capita in the MENA will plummet below the absolute water scarcity threshold of 500 cubic meters per person. To address these critical issues, much more collaboration, R&D efforts and innovative technology transformation are needed, while innovative water-sourcing solutions play a crucial role.

 This was highlighted by Amro Asmael, Head of Marketing at Ma Hawa, during a panel discussion at the Arab Water Forum, happening as a part of the World Utilities Congress 2024 at the ADNEC, Abu Dhabi. The panel addressed the potential AI and other technologies in the future of water resource management under the theme, “Digital Transformation & AI for Smart Water Management.”

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