UAE-based Alpha Dhabi Holding has agreed to commit $1 billion to Alpha Wave III, a global investment fund managed by Alpha Wave Global that is expected to invest in artificial intelligence and high-growth businesses developing and applying transformative technologies worldwide.
Oman’s Keryas Paper Industry, in partnership with Al Karama Hypermarket Group, Oman, will set up a $12 million, 20,000 metric tonnes per annum (MTPA) tissue manufacturing facility at Sohar Industrial City, Phase 7, Oman.
The FAB Group, the food and beverage subsidiary of DEAL Holdings, has entered into a deal with London-based Hedonism Group to introduce, develop and operate leading global brands Hide and Hideway across the GCC and selected European markets.
The Farmers’ Council in Ras Al Khaimah has explored ways to strengthen domestic production and expand market access for their crops.
Emirates Islamic is offering eligible new-to-bank customers a waiver of relationship fees for a period of six months when they open an account under selected Business Banking packages.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Benin is expected to raise UAE exports to Benin by over $1 billion by 2033, while boosting Benin’s exports to the UAE by $100 million.
Dubai Chambers has launched “Chamber AI Hub”, the world’s first chamber-led Agentic AI marketplace, enabling companies operating in Dubai to access ready-to-use, specialised Agentic AI solutions that can perform a wide range of administrative and operational tasks.
Aseer Region Municipality, represented by Khamis Mushait Municipality, has completed the development of a new site for car showrooms north of the governorate, spanning more than 500,000 sq m.
Forbes Middle East has named Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), among its Sustainability Leaders in the Energy and Utilities sector, recognising his contributions to advancing sustainability across the region.
Nama Electricity Distribution plans to invest more than RO600 million ($1.6 billion) between 2026 and 2029 to expand and strengthen electricity networks, upgrade infrastructure and accelerate the transition towards a smart, data-driven power distribution system across Oman.
