Business & Investments

AD Ports Group Prepares to Receive State-of-the-Art Panamax-Class Cranes for New Multipurpose Cargo Terminal in Safaga, Egypt

Expected to be operational in the second half of 2026

AD Ports Group Prepares to Receive State-of-the-Art Panamax-Class Cranes for New Multipurpose Cargo Terminal in Safaga, Egypt

Abu Dhabi, UAE – 04 March 2025: AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, today announced it was preparing to receive  three new state-of-the-art Panamax cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (“ZPMC”), ordered for the Group’s new multipurpose cargo terminal in Safaga, Egypt, which is expected to be operational in the second half of 2026.

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Real Estate

Object 1 announces inaugural Award N1: recognising industry’s top real estate agencies

Dubai UAE 04 March 2025: Object 1, one of Dubai’s most dynamic players in Dubai’s real estate market, successfully hosted the inaugural Award N1 by Object 1 – Power of Being First, an exclusive event that recognized excellence, innovation, and leadership in the real estate sector. Held on February 28, 2025, at the Atlantis The Royal on Palm Jumeirah, Dubai, the event was a spectacular celebration of the top 10 real estate agencies of 2024, who have shown exceptional performance, loyalty, and stability in the market.

Award N1 is Object 1’s first awards show, aimed at strengthening relationships with key partners and honoring the agencies that have played an instrumental role in the company’s remarkable growth. Since its inception just two years ago, Object 1 has successfully partnered with over 3,000 real estate agencies and ranked among the Top 20 developers in Dubai and Top 3 in the Jumeirah Village Circle and Jumeirah Village Triangle districts (as per Dubai Land Department’s report). In 2024 alone, the company achieved a 913% year-over-year sales value growth, selling over 860 units, and recording a 1,059% increase in sales volume.

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Technologies

Panasonic Announces Four 4K 60p 10bit Professional Camcorders with a Wide-Angle 25mm*1 Lens and 24x Optical Zoom

The AG-CX20 model headlines the new launches with its state-of-the-art optical technology, and compact chassis design that delivers increased mobility and high-quality video production

Dubai, United Arab Emirates

Panasonic Marketing Middle East & Africa (PMMAF) has announced that it will be releasing four models of 4K professional camcorders to meet all video production, broadcasting, and distribution needs in the region. Both the AG-CX20 and HC-X2100 come with a removable handle unit, while the HC-X1600 is compatible with the separately sold handle unit.

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Business & Investments

LSEG Risk Intelligence Launches Global account verification to tackle cross-boarder payment fraud in APAC and EMEA

  • Real-time verification improves security for faster cross-border payments
  • Helping companies validate supplier and customer payments
  • Follows launch of Global Account Verification (GAV) for US customers last year

Dubai, UAE – LSEG Risk Intelligence, a leader in compliance, risk management and fraud prevention solutions, has announced the launch of Global Account Verification (GAV) in APAC and EMEA. GAV is an innovative solution which checks that payee and account details match before transfers are confirmed, protecting businesses and individuals from fraudulent transactions. The expansion of GAV globally follows the initial launch for US customers in October 2024.

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Business & Investments

Al Seer Marine Adds Tabit and Rigel MR Tankers to Fleet, Completing First Stage of Expansion and Reaching 16 Vessels

Abu Dhabi, 4th March 2025: Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of International Holding Company (ADX: IHC), announced the delivery of motor tankers Tabit and Rigel, the final two vessels in its series of six new build Medium Range (MR) tankers ordered from K Shipbuilding Korea.

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