Suhar Industrial City, affiliated to the Public Establishment for Industrial Estates “Madayn”, has inked a cooperation agreement with Middle East Calcined Clay Company to establish a factory for manufacturing the Omani “Sarooj” product, which is used as a material in restoration, urbanization and decoration. The Sarooj manufacturing facility is set to be situated on an area of 45,000 sqm with an investment of $14 million. The agreement was signed by Eng. Abdullah bin Ahmed Al Mayasi, Director General of Suhar Industrial City, and Eng. Abdulaziz bin Said Al Maqbali, Project Manager at ..read more

The inaugural edition of Abu Dhabi Global Healthcare Week (ADGHW) will take place from 13th to 15th May 2024 at the Abu Dhabi National Exhibition Centre (ADNEC), under the theme ‘Accelerating the future of global healthcare.’ Under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the global event is set to convene a distinguished assembly of healthcare leaders, researchers, policymakers, specialists, investors, and entrepreneurs across the global healthcare and life sciences ecosystem. Hosted by the De ..read more

M42 has achieved the Global Healthcare Accreditation (GHA) certification for Excellence in Medical Travel Patient Experience from the US for its pioneering approach. With an overall score of 91 percent, this certification reaffirms M42’s commitment to delivering exceptional care and support to international patients throughout their journey. GHA is dedicated to enhancing healthcare quality and safety in the medical tourism industry. The GHA scrutinizes over 34 standards of medical travel quality, with a special emphasis on 11 critical standards, encompassing the entire patient journey from pre ..read more

Oman Investment Authority’s VC arm IDO has become one of the financial investors that have participated in the latest funding round launched by Hysata, the Australian green hydrogen electrolyzer manufacturer. Hysata has closed the largest Series B in Australian clean tech history, announcing a $111 million investment round with strong backing from existing major strategic and financial global investors. According to the statement, bp Ventures and Templewater led the investment round in the company, with strong backing from existing major strategic and financial investors IP Group Australia, Ki ..read more

Sharjah Business Women Council (SBWC), in collaboration with the American University of Sharjah (AUS), has launched a round table discussion series, designed to enhance entrepreneurial sectors within the UAE, particularly for women. The sessions, placing a strong focus on educational aspects to empower female entrepreneurs, aim to gather data, foster knowledge exchange, and find solutions based on recommendations by a diverse stakeholder group, thus driving positive change within the nation’s business ecosystem. The series of round-table discussions, scheduled to be conducted over the next one ..read more

Saudi Arabia’s Minister of Environment, Water, and Agriculture, Eng. Abdulrahman Alfadley has discussed means of agricultural and food security cooperation with Nigerian Minister of Agriculture and Food Security, Sen. Abubakar Kyari. Furthermore, they focused on identifying investment opportunities within the agriculture and food security sectors and exploring avenues to enhance trade and economic collaboration between the two countries. During the meeting, the focus was on cooperation in diverse sectors, with a particular emphasis on collaborations in agriculture, as well as food security. Th ..read more

DP World has announced the completion of the Mina Al Hamriya expansion project, enhancing the port’s operational capacity and reinforcing its status as a key hub for trade across the Gulf region, East Africa, and India. The inauguration ceremony, led by H.E. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World Group, was attended by Abdulla Bin Damithan, CEO & Managing Director of DP World GCC, alongside senior management from DP World and key officials from the Dubai Government.  The gathering underscored the collaborative efforts pivotal to the project’s success, demons ..read more

The Ministry of Investment of Saudi Arabia (MISA) has signed a Memorandum of Understanding (MoU) with Ant International, to facilitate the business expansion into the Kingdom. Ant International’s President, Douglas Feagin, met with Mr. Eng Saleh Khabti, Deputy Minister of Investment of Saudi Arabia during a signing ceremony held in Riyadh, to welcome the new partnership and signed an agreement outlining shared goals for technological innovation and economic growth opportunities in Saudi Arabia. Through this partnership, MISA welcomes and supports Ant Internat ..read more

Etihad Rail, Oman Rail, and Mubadala Investment Company, have signed a partnership agreement as shareholders marking the commencement of construction works of the joint railway project with immediate effect. An agreement was also signed to award the civil works and construction tender for the joint network to an Omani-Emirati alliance led by Trojan Construction Group (NPC) and Galfar Engineering and Contracting, aligning with joint efforts to build national capabilities and drive in-country value, which includes the involvement of the private sector in the implementation of the joint ..read more

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and AD Ports Group have signed a Memorandum of Understanding (MoU) with Celestyal, the preeminent homeporting cruise operator in Greece.  The MoU, signed at Arabian Travel Market (ATM 2024), paves the way for a collaboration that will promote Abu Dhabi as a key destination among Celestyal’s guests, while also emphasizing the cruise line’s itinerary in the region. Celestyal is renowned as a boutique fleet offering a truly hospitable experience coupled with immersive cruise itineraries, packed with can’t-miss destinations and ..read more