Category Archives: Business & Investments

ADIPEC 2025: Industry calls for policy pragmatism, embrace of AI, capital investment, and infrastructure development to drive global progress

  • ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement.
  • Opening addresses and high-level sessions featuring CEOs and ministers spotlighted the importance of embracing all energy sources, all technologies, and all systems that enhance energy resilience and provide the world with prosperity for all.
  • Day 1 highlights included discussions on the convergence of energy and artificial intelligence, the mobilisation of capital for infrastructure and innovation, and the role of inclusive partnerships in accelerating system-wide transformation.
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IndusInd International Holdings and Invesco complete formation of asset management joint venture in India

Dubai/Mumbai November 3, 2025 – IndusInd International Holdings Limited (“IIHL”), promoter of IndusInd Bank, and Invesco Ltd. (“Invesco”) announced today that they have completed the formation of their asset management joint venture (“JV”) following IIHL’s acquisition of a 60% ownership stake in Invesco Asset Management India (“IAMI”) following all regulatory approvals and closing conditions. With Invesco retaining the balance 40% stake, both IIHL and Invesco will hold joint sponsor status under the regulatory framework.

As of September 2025, IAMI is the 16th largest domestic asset manager in India with combined onshore and offshore (through advisory) average assets under management of INR 148,358 crores for quarter ending September 2025 and a presence in 40 cities across the country.

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Silver Jubilee Celebration of Ahmed Al Maghribi Perfumes Held in Dubai

Dubai : The grand Silver Jubilee celebration of Ahmed Al Maghribi Perfumes was held in Dubai, attended by prominent business personalities from the UAE and abroad. Guests were warmly welcomed at the event and presented with fragrant gifts and floral bouquets upon arrival.

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Habib Al Mulla and Partners Meet with Business Leaders to Explore Cross-Border Opportunities in India

New Delhi, India, November 03, 2025:  As India and the UAE enter a new era of economic collaboration, discussions around investment diversification, cross-border partnerships, and regulatory convergence are gaining significant momentum. The visit of H.H. Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, to India earlier this year highlighted the growing strength of this partnership and both nations’ shared commitment to deeper economic engagement.

HAM Team with Member of Parliament Bansuri Swaraj

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WakeCap Technologies expands global footprint with acquisition of Trackfy, a Brazilian worker safety and operational tracking solution

Acquisition extends the footprint of the Saudi company into Latin America

Riyadh, KSA & UAE, Nov 3, 2025 – WakeCap, the sensor-powered project intelligence and controls platform trusted by the world’s most complex construction and oil and gas projects, announces its acquisition of Trackfy, a workforce safety and operational solution for industrial companies. The acquisition underscores the Saudi company’s commitment to expanding its global reach, diversifying product capabilities, and deepening customer relationships across the construction and industrial lifecycle.

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