Category Archives: Business & Investments

RoTIC Symposium 2025 to Power Industrial Growth and Sustainability as Middle East Rotating Machinery Market Surges to $15 Billion

Dubai, UAE – September 22, 2025 – The Middle East Rotating Machinery Technology & Innovation Symposium (RoTIC Symposium), the region’s premier platform for rotating machinery advancements, opened today at the Grand Hyatt Exhibition Center in Dubai. Running until September 24, the three-day event is hosting more than 3,500+ professionals, innovators and technical experts from over 30+ countries, representing oil and gas, petrochemicals, marine, and power generation industries.

The GCC rotating machinery market is projected to reach $15 billion by 2025, driven largely by the oil and gas sector, which accounts for more than 60% of regional demand. Globally, the rotating equipment market in oil and gas alone is forecasted to grow to $42.07 billion by 2027, underscoring the vital role of this sector in industrial growth.

“The Middle East is not just a hub for energy; it is becoming the global nerve centre for innovation in industrial technologies,” said Samuel Benedict, Director of Aldrich International, organisers of the event. “With strong demand for rotating machinery and a growing emphasis on sustainability and efficiency, RoTIC Symposium 2025 serves as a powerful platform to connect ideas, technologies, and partnerships that will define the next era of industrial growth.”

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7th Future Food Forum 2025

Under the patronage of Ministry of Economy and Tourism

7th Future Food Forum 2025 opens with a vision to drive food security and expand sector to AED 40 billion

  • H.E. Abdulla bin Touq calls for innovation and sustainability to be the foundation of the UAE’s food economy which aims to increase the sector’s GDP Contribution from AED 30 billion to AED 40 billion
  • Day one of the Forum launched the Knowledge Hub and the Global Buyers Programme, reinforcing the UAE Food Cluster as a driver of innovation and trade.
  • The Forum demonstrates the UAE’s growing role as a global hub where government, industry, and academia converge to build resilient, sustainable food systems.
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GS1 UAE and UAE Food Cluster Announce the Universal Product Catalog at Future Food Forum 2025

Dubai, UAE – 23 September 2025 – GS1 UAE, in partnership with the UAE Food Cluster, today announced at the Future Food Forum 2025 the Universal Product Catalog (UPC) — a groundbreaking platform designed to transform product data sharing and management across the nation’s food and beverage ecosystem.

Developed under the umbrella and patronage of the Ministry of Economy & Tourism, the UPC is a private sector-led initiative that aligns with the UAE government’s Zero Government Bureaucracy program. The platform represents a major step in digitalization and interoperability, enabling manufacturers, retailers, and regulators to manage, share, and verify product information seamlessly.

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UBF CEOs Advisory and Consultative Councils Reaffirm Importance of Emiratisation, Financial Inclusion, and CBUAE’s Programmes to Develop the Sector

Abu Dhabi- Dubai, United Arab Emirates, 23 September 2025:

The CEOs Advisory and Consultative Councils of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held their quarterly meetings. Chaired by His Excellency Abdul Aziz Al-Ghurair, Chairman of UBF and the Advisory Council, and H.E. Mohammed Omran Al Shamsi, Vice Chairman of UBF and Chairman of the Consultative Council, the meetings reviewed the banking and financial sector’s performance in the first half of the year and discussed the progress made in implementing UBF’s initiatives to support the development of the banking and financial sector.

Mr. Jamal Saleh, Director General of UBF, 

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Mark & Save to open 8 stores in six months as it celebrates strong success in retail operation across the GCC

Date: Dubai, UAE; September 23, 2025

Mark & Save, one of the fastest-growing value retail chains in the GCC, is going to open eight new hypermarkets across the GCC in next six months, while it celebrates 200 days success in one of its largest hypermarkets across GCC in Ajman Industrial Area.

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