Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has awarded a contract for the construction of a new district cooling plant in the Al Sufouh 2 area in Dubai with a cooling capacity of 23,400 refrigeration tons (RT).
The Dubai International Financial Centre (DIFC) will host the third edition of the Future Sustainability Forum (FSF) on November 3, bringing together global business leaders, investors and policymakers to discuss the role of sustainable finance in driving the transition to a low-carbon economy.
The United Arab Emirates has concluded 37 Comprehensive Economic Partnership Agreements (CEPAs) to date, 18 of which have already entered into force, said Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade.
Dubai Future District Fund (DFDF) has announced eight new investment commitments during 2025, expanding its portfolio to 30 investments comprising 11 venture capital funds and 19 high-growth startups. It also broadened its investments across priority sectors such as PropTech and AI.
Abu Dhabi-based aerospace services company Sanad has reported a 35% jump in its revenue for the first half which soared to hit AED4.31 billion ($1.2 billion), driven by strong demand for engine maintenance services and the expansion of its asset management business.
John Crane, a global leader in flow control technologies and a business of Smiths Group, has appointed Bedour Bubshait as its new Regional Procurement Manager, in a move that reflects both her career progression and the wider opportunities emerging across the kingdom’s industrial sector.
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has established the Kenyan Business Council.
Saudi-based Red Sea Gateway Terminal International (RSGTI) has marked the inauguration of RSGT Bangladesh in Chittagong (Bangladesh), showcasing Saudi Arabia's growing footprint in the operation of ports and terminals.
Sohar Port and Freezone has announced the groundbreaking of its Zinc Recycling Industrial Park located on a 100,000 sq m site within its key development. Once operational, it is expected to produce 100,000 T of refined zinc ingots and 50,000 T of zinc oxide annually for customers across the region.
The UAE's non-oil foreign trade surged by 13% during the first half to hit nearly AED2 trillion ($527.5 billion), driven by a surge in exports, said a report. The country’s non-oil exports jumped 24% from a year to hit AED452.8 billion ($123.3 billion), accounting for 23.4% of total non-oil trade.
