Category Archives: Business & Investments

Business & Investments

Democrance Expands Footprint in Saudi Arabia after closing a funding round led by Wa’ed Ventures

Leave a comment

Democrance Expands Footprint in Saudi Arabia after closing a funding round led by Wa’ed Ventures

Funded by Wa’ed Ventures, and existing investor Global Ventures, InsurTech firm looks to continue democratizing insurance in line with the principles of the Financial Sector Development Program

24 October 2023: Democrance, the global InsurTech firm with a mission to make insurance accessible and affordable for those who need it most, today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.

Continue reading Democrance Expands Footprint in Saudi Arabia after closing a funding round led by Wa’ed Ventures →
Business & Investments

AD Ports Group Finalises Preparations to Host the IAPH World Ports Conference 2023

Leave a comment

AD Ports Group Finalises Preparations to Host the IAPH World Ports Conference 2023

The event will be held at Abu Dhabi National Exhibition Centre from 31 October to 02 November

Abu Dhabi, UAE – 24 October 2023: AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, looks forward to hosting the International Association of Ports and Harbors (IAPH) World Ports Conference – Abu Dhabi 2023. The event will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from 31 October to 02 November under the theme of ‘Reinventing Ports’.

Continue reading AD Ports Group Finalises Preparations to Host the IAPH World Ports Conference 2023 →
Business & Investments

Hitachi Energy passes 150 GW in HVDC links

Leave a comment

Hitachi Energy passes 150 GW in HVDC links integrated into the power system, expands capacity to meet accelerating energy transition demand

  • $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships 
  • Workforce expansion with more than 8,000 people hired
  • 150 GW of HVDC links integrated into the power system by Hitachi Energy

　　　　　　　　　　　　　　　

Continue reading Hitachi Energy passes 150 GW in HVDC links →
Business & Investments

Industry trailblazers gather at Retail Congress MENA: The Year of Reinvestment

Leave a comment

Industry trailblazers gather at Retail Congress MENA: The Year of Reinvestment

Dubai, UAE — October 23, 2023 — The region’s top shopping mall and retail decision makers converged at the Retail Congress organized by MECS+R, the largest association in retail industry, celebratingthe 29th year anniversary Themed “The Year of Reinvestment,” at the luxurious Ritz Carlton DIFC.

Continue reading Industry trailblazers gather at Retail Congress MENA: The Year of Reinvestment →
Business & Investments

RAKEZ welcomes H.B. Fuller in a major global expansion move

Leave a comment

RAKEZ welcomes H.B. Fuller in a major global expansion move

Ras Al Khaimah, 24 October 2023: H.B. Fuller, one of the world’s largest pureplay adhesives companies, chose Ras Al Khaimah as its strategic regional business centre, marking a significant milestone in its global expansion goals. The move was cemented with the acquisition of a 15,000 m2 facility of an adhesives manufacturer based in Al Hamra Industrial Zone – XCHEM International LLC.

Ramy Jallad, Group CEO of RAKEZ and Boz Malik, Senior Vice President, Global Construction Adhesives, H.B Fuller marked the facility launch during a recent lease signing ceremony.

Continue reading RAKEZ welcomes H.B. Fuller in a major global expansion move →