Friday 29 August 2025

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KEY FOR ENERGY TRANSITION
Urgent investment in Southern Africa’s critical minerals sought

The World Economic Forum (WEF) has called for urgent action to unlock investment in Southern Africa’s vast critical mineral reserves, warning that current financing flows fall far short of what is needed to meet surging global demand.

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1

FUNDING FOR BIG PLANTS DOWN
Global investment in new renewable projects hits record $386bn

Global investment in new renewable energy projects hit a record $386 billion in the first half of 2025, up 10% from the previous year, a report said.

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2

PACT ENDS MOST TARIFFS
UAE-New Zealand CEPA comes into effect, aims $5bn trade

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand has officially entered into force, marking a significant advancement in trade and investment relations between the two nations.

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3

SPOTLIGHT
Honouring Emirati women: guardians of culture, architects of our future

From the nation's ancient heritage to the horizons of its future, Emirati women have strengthened the society. As guardians of the culture, they empower each new generation to aim higher, writes Saood Abdulaziz Al Hosani, Undersecretary, DCT – Abu Dhabi.

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4

Maritime firms struggling to scale AI despite high enthusiasm, says report

Maritime companies are stuck in early stages of AI adoption unable to scale beyond small experiments as widespread optimism collides with implementation reality, said a new research. Over 81% are running pilot projects, but only 11% have formal policies.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Qube breaks ground on 100-unit 'Lux' residences in Dubai

Qube Development has joined hands with The Lux Collective, a global hospitality group, to break ground on its landmark branded residence - Elire - in Business Bay, Dubai. The project, which will feature 100 exclusive luxury homes, will be managed by Lux.

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Retail & Wholesale

French watch brand Chronofixe unveils the new 'Astérix' edition

French watch brand Chronofixe has announced its latest creation, in partnership with Seconde/Seconde/. This special edition marks the 55th anniversary of Astérix in Switzerland while playfully blending Swiss watchmaking heritage with the Gaulish hero.

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Energy, Oil & Gas

Dubai’s green hydrogen production tops 100 tonnes in four years

Dubai Electricity and Water Authority (Dewa) has announced that its Green Hydrogen project has produced more than 100 tonnes since its launch four years ago. Most of this was used to produce over 1.15GWh of clean electricity via a hydrogen gas engine.

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Finance & Capital Market

Sheraa in deal to boost UAE-India startup collaboration

Sharjah Entrepreneurship Center (Sheraa) has signed a deal with Startup Mideast to strengthen cross-border collaboration between UAE and India’s startup ecosystems. At the heart of the partnership is the setting up of Sharjah Centre of India Startup Hub.

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Analysis, Interviews, Opinions
Industry, Logistics & Shipping

Damen Shipyards joins Windcat for official launch of new operation vessel

Damen Shipyards has collaborated with Windcat, a leading provider of specialist crew transfer services to offshore wind industry and top maritime group CMB.Tech, for the launch of Windcat Rotterdam, the first of six vessels in its CSOV Elevation Series.

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Travel, Tourism & Hospitality

DEAL Holdings launches new culinary and lifestyle venture

The Food & Beverage Group (FAB Group), a lifestyle and culinary venture created by UAE-based investment and development company, DEAL Holdings, was launched today with the aim of leading innovation in hospitality, dining and brand development across the M

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IT & Telecommunications

TPConnects named preferred tech supplier for Lufthansa City Center

TPConnects Technologies has announced that it has been named the preferred technology supplier within Lufthansa City Center International, the world’s largest independent travel agency network with over 320 agencies across 109 countries outside Germany.

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Lifestyle

Liv Golf, Fever announce landmark global ticketing partnership

Liv Golf, the global golf league energising the sport through team competition, innovative fan experiences and world-class entertainment, has announced a landmark partnership with Fever, the leading discovery platform for culture and live entertainment.

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Health & Environment

King Faisal Specialist Hospital sets global benchmark in telehealth

King Faisal Specialist Hospital and Research Centre set a global benchmark in telehealth by delivering 293,381 virtual consultations last year, up 58.2% over 2023. The Saudi hospital’s digital health services averaged over 800 virtual visits per day.

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Media & Promotion

Over 20 countries suspend postal services to US amid tariff row

Postal services in over 20 countries including Australia, France, Germany, India, Italy, Japan, Russia Taiwan and UK - have announced the temporary suspension of parcel shipments to US, citing a new Trump administration policy change, said media reports.

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Miscellaneous

Team Falcons wins EWC Club Championship; $7m grand prize

Team Falcons claimed the Club Championship Trophy and the $7 million grand prize at the Esports World Cup 2025 (EWC 2025) in Riyadh, which concluded on Sunday.

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