Category Archives: Business & Investments

Business & Investments

Dr. Ibrahim Ibn Salamah bestowed with 7th GPCA Legacy Award “Al Rowad” (الرّواد)

The former SABIC Vice Chairman and Managing Director (1983–1998) was honored posthumously at a special Award ceremony during the 19th Annual GPCA Forum

Manama, Bahrain, 9 December 2025 – The late Dr. Ibrahim Ibn Salamah (1940–2021), Vice Chairman and Managing Director (1983–1998), SABIC, was bestowed with the 7th GPCA Legacy Award “Al-Rowad” at a special award ceremony on 8 December 2025 during the 19th Annual GPCA Forum at Exhibition World Bahrain. GPCA held its annual award ceremony for the first time in the Kingdom of Bahrain, under the patronage of His Highness Shaikh Nasser bin Hamad bin Isa Al Khalifa, His Majesty’s Representative for Humanitarian Works and Youth Affairs, Bahrain, and Chairman of the Board of Directors, Bapco Energies, and hosted by GPIC.

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Business & Investments

Swift User Group affirms support for digital transformation and payments development

Abu Dhabi, United Arab Emirates, 09 December 2025:

The Steering Committee and National Swift User Group in the UAE held their regular meeting yesterday 8 December 2025 chaired by Mr. Jamal Saleh, Director General of UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, and Chairman of the UAE Swift User Group Committee.

Jamal Saleh – Director General

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Business & Investments

Blue Ocean Corporation Expands to Egypt, Holds Debut Global Event on Procurement, Supply Chain

  • The First edition of International Procurement & Supply Chain Conference (IPSC) in Egypt discusses the country’s growing importance as a strategic hub in the global logistics and trade ecosystem.
  • Every major global issue today, be it economics, geopolitics, sustainability or inflation, is fundamentally a Supply Chain issue: Dr. Sathya Menon

Cairo/Dubai, December 9; In a strategic Middle East and North Africa (MENA) expansion, Blue Ocean Corporation, ranked as the World No.1 in Supply Chain Training and Consulting, announced the opening its office in Cairo, and holding its debut International Procurement & Supply Chain Conference (IPSC), in one of the fastest growing markets in the region.

The new Cairo office adds to Blue Ocean’s strong international presence with active branches in the UAE, Saudi Arabia, the United Kingdom, and Tier 1 cities across India, a company statement said.

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Business & Investments

Holcim and 44.01 pioneer carbon capture and mineralisation pilot project in Fujairah

  • Holcim and 44.01 launch the world’s first pilot project to mineralise the CO₂ captured at a cement plant, supporting the UAE’s Net Zero 2050 initiative.

  • The Fujairah pilot unites global and local partners to demonstrate sustainably produced cement and scale up 44.01’s carbon mineralisation technology.

UAE, 9 December 2025 – Holcim and 44.01 have announced the launch of the first pilot project to mineralise CO₂ captured from the cement industry. The initiative supports the UAE’s Net Zero 2050 pathway by advancing permanent carbon storage solutions for the cement sector and marks a major milestone in the region’s industrial decarbonisation journey.

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Business & Investments

“Art of Living” Officially Opens Its Doors Across 3 Floors and Over 50,000 sqm in Dubai

The center caters to furnished residential projects and introduces a new concept of modern living

Dubai, December 9, 2025

His Excellency Mohammed Ali Rashed Lootah, President and CEO of Dubai Chambers, officially inaugurated “Art of Living,” the first shopping destination in the UAE and the Middle East and North Africa dedicated to innovative home design and furniture. The opening ceremony was attended by senior officials, investors, experts in design and real estate, and members of the media. The event featured an orientation tour showcasing the center’s new concept as an integrated destination redefining the shopping experience in the world of décor, in line with the rapidly growing demand for furnished residential solutions and premium designs in Dubai and the region.

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