Abu Dhabi-based TA’ZIZ has announced that its joint venture with Swiss-headquartered Proman, has achieved financial close on $2 billion financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, underscoring the strong global confidence in its strategy.
Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.
The UAE and Switzerland have agreed to set up a Joint Economic Committee (JEC) to boost bilateral economic co-operation, promote investment and boost trade flows. The JEC will focus on addressing trade-related barriers, facilitating knowledge-sharing and resolving business issues.
DHG Properties, a leading Swiss real estate developer with a major presence in the UAE, has launched its latest premium residential development - Helvetia Marine - on Dubai Islands. This marks DHG’s third project in Dubai under its Helvetia real estate brand.
Researchers at the Francis Crick Institute, a biomedical research centre based in London, and AlveoliX, a leading Swiss biotechnology company, have developed the first human 'lung-on-chip' model using genetically identical cells derived from stem cells taken from a single donor.