Wednesday 4 October 2023

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MEGA-TON SCALE PROJECT
Adnoc, Occidental to advance direct air capture project

Adnoc and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the US.

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1

BIG HYDROGEN TARGET TOO
UAE to generate 19.8GW of clean energy by 2030

The UAE is set to generate a total capacity of 19.8 gigawatts of clean energy by 2030, Suhail bin Mohamed Al Mazrouei, Minister of Energy and Infrastructure, told a global audience of energy leaders at the opening of Adipec 2023.

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2

$6bn IN CHEMICALS SECTOR
ADDED's 100 invesment opportunities target $33.5bn

Abu Dhabi Department of Economic Development (ADDED) aimes to provide 100 investment opportunities, with a combined market size of AED123.3 billion ($33.5 billion) by 2027, under the ‘Abu Dhabi Channel Partners’.

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3

SPOTLIGHT
Hospitality projects in region 'resilient in face on challenges'

With huge investment in the hospitality sector in the region, rising construction costs, funding delays and higher interest rates are among the key topics under discussion at the Future Hospitality Summit. Here, industry experts share their opinions.

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4

INSIGHT
Offshore wind industry needs ‘responsible development’

The offshore wind industry is poised for growth, but economic pressures and technological innovation need to be managed, says Allianz Commercial in its new report.

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Top Trade News

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Industry Sectors

Construction & Real Estate

UAE to generate 19.8GW of clean energy by 2030

The UAE is set to generate a total capacity of 19.8 gigawatts of clean energy by 2030, Suhail bin Mohamed Al Mazrouei, Minister of Energy and Infrastructure, told a global audience of energy leaders at the opening of Adipec 2023.

More…
Energy, Oil & Gas

Adnoc, Occidental to advance direct air capture project

Adnoc and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the US.

More…
Finance & Capital Market

The Family Office’s fintech lab launched in Bahrain

The Family Office, the leading wealth manager in the GCC, has officially inaugurated its new Fintech Lab at its headquarters in Bahrain, where it will unveil state-of-the-art digital products and services.

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Analysis, Interviews, Opinions

Hospitality projects in region 'resilient in face on challenges'

With huge investment in the hospitality sector in the region, rising construction costs, funding delays and higher interest rates are among the key topics under discussion at the Future Hospitality Summit. Here, industry experts share their opinions.

More…
Industry, Logistics & Shipping

Milestone for Jazan downstream city as first ship leaves

The Jazan City for Primary and Downstream Industries has marked a significant milestone with the departure of the first ship laden with products manufactured in the city to New Orleans, United States.

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Travel, Tourism & Hospitality

Swiss-Belhotel debuts in Africa with Nairobi hotel

Swiss-Belhotel International, a rapidly growing global hotel management group, has signed an agreement with the NIBS Resort Company to manage the Swiss-Belinn Nairobi, the group’s first operating hotel in Africa.

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IT & Telecommunications

GCF's podcast 'Rethinking Cyber' returns

The Global Cybersecurity Forum (GCF) has launched the second season of its Rethinking Cyber podcast, bringing together the world’s best minds once again for agenda-setting conversations that revolutionise the way we think about cyberspace.

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Lifestyle

Classic Cars Exhibition to be a major attraction at GIMS Qatar

From Amiri cars to a Popemobile, the Classics Gallery at the upcoming Geneva International Motor Show (GIMS) in Qatar is set to offer a meticulously curated exhibition of historically significant heritage cars.

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Health & Environment

Almana Hospitals plans to expand its reach to Riyadh

Almana Group of Hospitals, the pioneering healthcare provider in the Eastern Region, has unveiled plans to expand to Riyadh in partnership with Dar International Consultancy, HDR Middle East and ARC Design.

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Media & Promotion

Alamiya buys Lyra Pictures in key deal

Alamiya, a prominent live production and entertainment company in the Middle East with a 50-year heritage, has announced its latest milestone in the industry – the acquisition of Lyra Pictures.

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Miscellaneous

Grammy-winning band to join Dubai Airshow event

As the global aviation community prepares for the upcoming Dubai Airshow, Dubai Airports, operator of the world’s busiest international hub, has announced Grammy award-winning band Maroon 5 as special guests for its celebratory Gala Dinner.

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