Category Archives: Business & Investments

Business & Investments

ThreeEightSix boosts regional capacity for transition to solar PV power

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Renewable energy investment platformencourages organizations to harness solar energy

November 29,2023, Dubai, UAE: Regional energy company, ThreeEightSix, is set to boost green fuel capacity through solar energy assets within the GCC, as it supports more businesses and government organizations to harness the power of the sun. With flagship projects in Saudi Arabia and Dubai, the renewable energy investment platform is championing the use of solar power in a bid to support national transition strategies and global net-zero targets.

Solar installations support the transition to global net-zero targets

ThreeEightSix is among the regional organizations leading the change in the move towards renewable power production and efficient consumption. As an energy company, Three Eight Six builds, owns and operates PV assets, supporting the region’s commercial and industrial and small and mid-utility scale sectors to make their transition to green energy, reduce business operating costs and achieve cost predictability up to 30 years.

Ahmad Al Khayyat, Chairman, Three Eight Six

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Business & Investments

The 6th Annual ROC Commercial Strategy Conference

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Dynamic Insights and Industry Evolution strategies highlighted at the 6th Annual ROC Commercial Strategy Conference

Dubai, UAE:– The 6th edition of the annual ROC Middle East Commercial Strategy Conference commenced with a day of insightful dialogues and expert discussions, setting the tone for a transformative event in the realm of hospitality and tourism. The opening addresses by Mona Faraj, Managing Director of HSMAI Middle East, and Bob Gilbert, President & CEO of HSMAI, welcomed a diverse assembly of industry professionals, setting the stage for a day packed with knowledge-sharing and innovation.

The plenary sessions began with a captivating talk by Steven van Belleghem, a Customer Experience Enthusiast, who outlined the journey from customer service aspiration to actualization, likening companies to ‘Diamonds in the Rough’ striving for CX excellence.

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Business & Investments

AD Ports Group Certified a Great Place to Work® for Commitment to Investing in Employees Success and Excellence

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AD Ports Group Certified a Great Place to Work® for Commitment to Investing in Employees Success and Excellence

Abu Dhabi, UAE – 29 November 2023: AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, has been certified a Great Place to Work® after a thorough and independent analysis conducted by Great Place to Work® Middle East.

Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Assessing over 20,000 companies across 97 countries, providing the definitive benchmarks, framework, and expertise needed to recognise outstanding workplace cultures

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Business & Investments

Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform

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Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform

Dr. Sulan Al Jaber:

  • The EDB-IRENA collaboration will provide adequate financing to support climate change mitigation.
  • The UAE has invested more than AED 183.5 billion in renewable energy projects in over 70 countries.

Abu Dhabi, United Arab Emirates, 27 November 2023: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has committed up to AED 1.3 billion (USD 350 million) to support the Energy Transition Accelerator Financing (ETAF) platform, a global climate finance facility established by the International Renewable Energy Agency (IRENA) to accelerate the financing of renewable energy projects and drive funding of renewable energy projects in developing countries.

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Business & Investments

The Second Edition of “Asset Abu Dhabi” Hosted at ADFW 2023

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Abu Dhabi’s Rapidly Changing Investment Landscape Debated at the Second Edition of “Asset Abu Dhabi” Hosted at ADFW 2023

  • Ray Dalio took the stage at Asset Abu Dhabi and praised the Falcon Economies of the GCC region as ‘Renaissance States’.
  • Ahead of COP28, during the special session of ‘The rise of the falcon economy’, notable economic leaders like Dr. Nasser Saidi called for the establishment of a ‘climate bank’.
  • Fadi Ghandour, Executive Chairman of Wamda Capital emphasised increasing regional capital deployment by SWFs into major infrastructure and tech projects to further accelerate the growth of the falcon economies in the MENA.
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