Category Archives: Business & Investments

Business & Investments

EGA launches one of the region’s first digital manufacturing platforms to advance Industry 4.0 strategy

EGA launches one of the region’s first digital manufacturing platforms to advance Industry 4.0 strategy

 

Abu Dhabi, United Arab Emirates: 15 May 2024: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the launch of one of the first digital manufacturing platforms in the region to unlock additional value through Industry 4.0 applications.

EGA developed the digital manufacturing platform with Microsoft as part of a strategic collaboration to progress EGA’s Digital Roadmap. The platform enables the integration of hardware, software, processes, and people throughout EGA’s global operations.

Continue reading EGA launches one of the region’s first digital manufacturing platforms to advance Industry 4.0 strategy →
Business & Investments

Al Ghurair Foods Breaks Ground on Broiler Farm in Abu Dhabi, part of AED1 billion investment agreement with KEZAD

Al Ghurair Foods Breaks Ground on Broiler Farm in Abu Dhabi, part of AED1 billion investment agreement with KEZAD

  • The broiler farm is part of aMusataha agreement signed with KEZAD for a 50-year land lease for three mega food processing projects involving investments of over AED1 billion
  • Once operational in 2025, the state-of-the-art facility will serve the UAE’s growing demand for high-quality and fresh poultry products
Continue reading Al Ghurair Foods Breaks Ground on Broiler Farm in Abu Dhabi, part of AED1 billion investment agreement with KEZAD →
Business & Investments

Financial Services Sector Trusted for the First Time Since the Global Financial Crisis

Financial Services Sector Trusted for the First Time Since the Global Financial Crisis

Research Shows Industry More Trusted in Developing Markets
Significant Gains for Banking and Insurance


New York, May 14: The global public’s trust in the financial servicessectorhasreached its highest level since 2012, according to the 2024Edelman Trust Barometer Supplemental Report: Insights for the Financial Services Sector. The research, released today, showed that 62 percent of respondents trust financial services companies to “do the right thing,” a 4 pointincrease from last year and, for the first time, narrowly earning the industry a rank in the “Trusted” category (60 percent or more). Globally, trust in the financial services sector now ranks at an all-time high in just over half of the countries surveyed, half of which are categorized as developing markets.

Continue reading Financial Services Sector Trusted for the First Time Since the Global Financial Crisis →
Business & Investments

Liminal Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody

Liminal Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody

Abu Dhabi, May 14, 2024 – Liminal Custody Solutions, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal‘s journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space.

Continue reading Liminal Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody →
Business & Investments

LEADING SPORT & ENTERTAINMENT AGENCY, DUNE | 23, LAUNCHES GROUNDBREAKING PROGRAMME AIMED AT DEVELOPING UAE TALENT

  • Student & Graduate Programme will seesuccessful applicants work across all areas of the business with the aim of moving into a full-time role at the end of their placement
  • As a way of giving back, one placement will be awarded to an Emirati, while the other will go to someone educated in the UAE
  • Having enjoyed rapid growth in the last two years, DUNE | 23won Bronze in the Best Agency category at last week’s Middle East Sports Industry Awards
Continue reading LEADING SPORT & ENTERTAINMENT AGENCY, DUNE | 23, LAUNCHES GROUNDBREAKING PROGRAMME AIMED AT DEVELOPING UAE TALENT →