Business & Investments

Titan Lithium to Set Up AED 5 Billion Lithium Processing Plant in KEZAD

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Titan Lithium to Set Up AED 5 Billion Lithium Processing Plant in KEZAD

The 290,000 sqm plant will process battery-grade Lithium for EV vehicles in Abu Dhabi

Abu Dhabi, UAE – 13 February 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah).

To be developed in three stages with AED 5 billion in investment by Titan Lithium, the plant will produce battery-grade lithium carbonate and lithium hydroxide for battery makers and electric vehicle OEMs around the world. Spanning over 290,000 square metres, the plant represents a critical turning point in the UAE’s development as a key force in the worldwide lithium processing market.

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Sports & Recreations

Visa and Emirates NBD Partner to Sponsor First Emirati Woman Cyclist Safiya Al Sayegh for the Olympic Games Paris 2024

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Visa and Emirates NBD Partner to Sponsor First Emirati Woman Cyclist Safiya Al Sayegh for the Olympic Games Paris 2024

Visa-Emirates NBD partnership also includes a series of events and promotions leading up to The Olympic Games, such as a chance to win a trip to Paris, and the hosting of the Visa Olympic Games Village in Dubai

Dubai, United Arab Emirates, 13 February 2024: Visa (NYSE:V), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, and Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, proudly announce the launch of a series of events and promotions leading up to the Olympic Games Paris 2024.

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Travel & Tourism

Burj Khalifa Shines Bright to Commemorate the Launch of Zayed International Airport’s Iconic Brand Identity

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Burj Khalifa Shines Bright to Commemorate the Launch of Zayed International Airport’s Iconic Brand Identity

On February 12th, Dubai’s Burj Khalifa illuminated the skyline in a dazzling display to celebrate the unveiling of Zayed International Airport’s brand identity. This momentous occasion pays tribute to the visionary leadership and lasting legacy of Sheikh Zayed bin Sultan Al Nahyan, the UAE’s Founding Father.

Sheikh Zayed’s unwavering commitment to progress has paved the way for the remarkable transformation of the UAE, and the newly named airport marks a pivotal milestone in bringing his powerful vision to life.

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Business & Investments

During his Participation in World Governments Summit in Dubai

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During his Participation in World Governments Summit in Dubai

Prime Minister of Egypt Witnesses ITIDA and Mashreq Global Network Agreement to Expand Operations in Egypt

Dubai, UAE – February 13th, 2024: Today, Dr. Mostafa Madbouly, the Prime Minister of Egypt, witnessed the signing ceremony of a cooperation agreement between Egypt’s Information Technology Industry Development Agency (ITIDA) and Mashreq Global Network on the sidelines of his participation in the 2024 World Governments Summit in Dubai.

The agreement aims to expand the business services of Mashreq Global Network’s center in Egypt. The ceremony was attended by Dr. Amr Talaat, Egypt’s Minister of Communications and Information Technology.

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Business & Investments

Presight and Samruk-Kazyna Sign Agreement with Kazakhstan’s Ministry of Digital Development

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Presight and Samruk-Kazyna Sign Agreement with Kazakhstan’s Ministry of Digital Development to build an Advanced AI Supercomputer in Kazakhstan

DUBAI, UAE, February 13, 2024: In a landmark initiative, Kazakhstan’s Ministry of Digital Development, in collaboration with Presight, a G42 company, and Samruk-Kazyna, the Sovereign Wealth Fund of Kazakhstan, have announced the development of a state-of-the-art AI supercomputer and data center cluster to enable the country’s digital transformation initiatives. This agreement marks the first project under the newly established Samruk-Kazyna-Presight joint venture, aiming to lay the foundation for the country’s national AI digital infrastructure.

The agreement, announced at the World Governments Summit in the presence of H.E. Suhail Mohamed Al Mazrouei, UAE’s Minister of Energy and Infrastructure, is part of a Memorandum of Understanding signed with the UAE Ministry of Investments.

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