Category Archives: Business & Investments

Business & Investments

‘MAKE IT IN THE EMIRATES’ DRAWS INTEREST FROM AMERICAN COMPANIES, DRIVES DISCUSSIONS TO ATTRACT FDI TO THE UAE

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‘MAKE IT IN THE EMIRATES’ DRAWS INTEREST FROM AMERICAN COMPANIES, DRIVES DISCUSSIONS TO ATTRACT FDI TO THE UAE

  • High-level UAE delegation takes the ‘Make It in The Emirates’ campaign to Pittsburgh, one of the leading innovation and industrial hubs in the US, highlighting how American businesses can benefit from the growth opportunities offered through the UAE’s national industrial strategy 
  • Inaugural GMIS America hosted by the Honorable Thomas Wolf, Governor of the Commonwealth of Pennsylvania from 28-30 September at the David L. Lawrence Convention Center in Pittsburgh
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Business & Investments

Hitachi Energy is ahead of schedule with its purpose-driven growth plan

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Hitachi Energy is ahead of schedule with its purpose-driven growth plan

Hitachi announced acquisition of remaining shares from ABB ahead of schedule further supporting Hitachi Energy’s 2030 Plan

Dubai: September 30, 2022 – Hitachi Energy Ltd (“Hitachi Energy”) today announced that Hitachi, Ltd. (TSE: 6501, “Hitachi”) has signed a share transfer agreement for the remaining 19.9% shares from ABB Ltd (SIX: ABBBN, “ABB”), pursuant to the acquisition agreement signed on December 17, 2018(1). This is in line with the plan and ahead of schedule, and the transfer of shares will be completed by end of December 2022, subject to regulatory approvals. 

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