UAE’s ATRC Launches Global Tech R&D Platform at WGS 2024: Allocates US$200 Mn Fund to Accelerate Innovation for Developing Nations
In a landmark announcement on Day 1 of the World Governments Summit (WGS) 2024, Abu Dhabi’s Advanced Technology Research Council (ATRC) unveiled a pioneering initiative aimed at facilitating global access to cutting-edge technology solutions. The newly launched ‘ATRC Global Tech R&D Platform’ serves as a channel for countries worldwide to tap into the UAE’s technological […]
NielsenIQ Brandbank expands global reach into UAE and the Philippines
CHICAGO — Today, NielsenIQ Brandbank announces is expansion into United Arab Emirates and Philippines adding two major ecommerce growth markets to their global retailer distribution network. Retailer collaborations have been formed with major omnichannel retailers including Spinneys and NCCC to bring best in class product content to the regions. As the online channel continues to […]
Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform
Abu Dhabi, United Arab Emirates — AD Ports Group (ADX: ADPORTS) today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively. The total purchase consideration (Enterprise Value) […]
MENALAC spotlights Abu Dhabi as a global destination for leisure, entertainment, business
Dubai, United Arab Emirates — In 2022, Middle East’s travel and tourism sector’s GDP growth is expected to more than double to 36.1%. Meanwhile, the sector is already bouncing back with 48.8% increase in revenues from international visitors: Travel and Tourism Economic Impact 2022 The UAE aims to host 25 million tourists by 2025: Alpen […]
Zayed Sustainability Prize 2023 Demonstrates Global Reach and Impact with over 4,500 Submissions
Abu Dhabi, United Arab Emirates — Following a successful 4-month submissions phase, the Zayed Sustainability Prize, the UAE’s pioneering global award for recognising excellence in sustainability, has officially closed entries for its 2023 awards cycle. Over 4,500 applications were received across the five Prize categories of Health, Food, Energy, Water and Global High Schools, from […]
Accelleron – The New Face of ABB Turbocharging!
ABB today announced that its Turbocharging division (PA), a global leader in heavy duty turbocharging for diesel and gas engines, has unveiled its new brand name “Accelleron”, a compound word of: Access – Accelerate – Excel – on and on, with a bold new color of bright purple representing a powerful, inspirational, and noble brand. […]
New Research Report Calls Pyramid Analytics Decision Intelligence Strategy “Evolutionary”
Pyramid Analytics is the focus of a new Impact Brief by 451 Research, the enterprise technology research unit of S&P Global Market Intelligence. “Pyramid Analytics Plants Stake in Decision Intelligence Ground,” authored by Krishna Roy, Senior Research Analyst on the Data, AI & Analytics team at S&P Global Market Intelligence, examines Pyramid’s Decision Intelligence Platform in the context of the […]
AFC Raises $400 Million in Syndicated Loan for Critical Infrastructure in Africa
Africa Finance Corporation, Africa’s leading infrastructure solutions provider, has raised USD$400 million in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure. The three-year facility – the first from AFC since 2018 – was increased from an initial target of USD$300 million as strong interest from investors led to the […]
