Category Archives: Business & Investments

Business & Investments

ADGM and Solana Foundation Forge a Strategic Partnership

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ADGM and Solana Foundation Forge a Strategic Partnership

Further enhancing the Distributed Ledger Technology Foundation Framework and advancing Blockchain Innovation

Abu Dhabi, UAE, 07 February 2024: Abu Dhabi Global Market (ADGM), a leading International Financial Centre (IFC), is pleased to announce a Memorandum of Understanding (MOU) with the Solana Foundation, a non-profit organisation dedicated to decentralisation, adoption, and security on Solana network. This significant partnership is dedicated to enhancing Distributed Ledger Technology (DLT) solutions and advancing blockchain innovation. The initiative aligns with ADGM’s strategic vision of becoming a central hub for technology-driven financial services, following the introduction of the DLT Foundations Regulations – a world-first, purpose-built framework for Blockchain Foundations and Decentralised Autonomous Organisations.

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Business & Investments

The 25th edition of the Gulf Engineering Forum kicks off in Dubai

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Under the patronage and attendance of Sheikh Rashid bin Hamdan bin Rashid Al Maktoum 25th edition of the Gulf Engineering Forum kicks off in Dubai

Dubai, UAE, 07 February 2024: Under the patronage and attendance of Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, the Supreme President of the Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, the 25th edition of the Gulf Engineering Forum and its accompanying exhibition kicked off today, Wednesday, under the theme “Smart Engineering for Sustainable Future”, with the participation of more than 500 participants, to discuss various topics related to future trends in the engineering sector and its role in enhancing the global sustainability system.

The hosting of the event in the UAE coincides with the announcement by His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, of the year 2024 as an extension of the 2023 Year of Sustainability, reflecting the UAE’s commitment to adopting sustainable practices and innovative solutions to address key issues and challenges in the engineering field.

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Business & Investments

Money Maestro Revolutionizes Home Financing with Shariah-Compliant Solutions

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Money Maestro Revolutionizes Home Financing with Shariah-Compliant Solutions

Dubai, UAE, February 2024– Money Maestro, a leading financial institution, is proud to announce its groundbreaking Shariah-compliant financing products, specifically designed to meet the ethical and religious requirements of its customers. The institution’s focus on Islamic home finance aligns with the principles of Islamic law, strictly prohibiting the payment or receipt of interest (Riba).

Money Maestro goes beyond interest avoidance, employing common structures such as Murabaha, Ijara, and Musharakha to provide financing solutions that adhere to the principles of fairness and equity. The institution is associated with all major banks in the UAE , reinforcing its commitment to providing comprehensive Shariah-compliant financial solutions.

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Business & Investments

The Middle East Metallurgy Corrosion & Coatings Expo (MECOC) 2024 in Abu Dhabi

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MECOC 2024 Unveiled Cutting-Edge Technologies on Steel & Non-Metallic Materials and Strategies to Tackle Corrosion in the Oil and Gas Industry

Corrosion costs the industry around $1.372 billion every year

Dubai, UAE – February 2024 – The oil and gas industry is crucial for providing global energy, but it faces a constant problem, corrosion. According to a study by NACE, corrosion costs the industry around $1.372 billion every year. To break it down, $589 million goes to surface pipeline and facility costs, $463 million for yearly downhole tubing expenses, and an extra $320 million for capital expenditures related to corrosion.

As such, it is imperative that the oil and gas industry has an effective corrosion management strategy in place to help reduce operational costs in the long run. In the same context, Aldrich International hosted The Middle East Metallurgy Corrosion & Coatings Expo (MECOC) 2024 in Abu Dhabi from 6th to 8th February at Rixos Marina, Abu Dhabi, UAE. The landmark event brought together 40+ countries, 300+ industry professionals, 30+ exhibiting companies and 60+ expert speakers to delve into the latest technologies related to Metallurgy, Corrosion, and Coatings for the Oil and Gas industry.

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Business & Investments

Dubai to welcome EcoLearn Summit 2024 in March

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Dubai to welcome EcoLearn Summit 2024 in March

Dubai, United Arab Emirates, 6 February  2024:

The much-anticipated EcoLearn Summit 2024, a unique convergence of wealth, wellness, wisdom, and worth, is all set to open its doors to the public on March 23, 2024 at the Grand Millenium Business Bay Hotel, Marasi Drive in Dubai, the leading event in the region, aims to shed light on crucial topics that impact the business and economic landscape of the UAE.

After a success in Lebanon and helping thousands of people from around the globe Abdallah Harfouch, Economist, Financial & Investment orientation expert, and Founder of AH Financial Consultancy, brings the event this year to the City of Wonders to further promote wellness and financial literacy with the business community during the  Global  Money Week 2024 in Dubai.

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