Agreement

NEWS DESK

Emarat and PYXIS signed a strategic partnership agreement

News Desk 1 09/10/2023

Emirates General Petroleum Corporation – Emarat, a prominent provider of high-quality fuel and services to millions of customers in Dubai and the Northern Emirates, has announced an innovative partnership with PYXIS EVENTS LLC, a dynamic 360-degree events and brand management company

NEWS DESK

Emarat and PYXIS signed a strategic partnership agreement

News Desk 1 04/10/2023

Emirates General Petroleum Corporation – Emarat, a prominent provider of high-quality fuel and services to millions of customers in Dubai and the Northern Emirates, has announced an innovative partnership with PYXIS EVENTS LLC, a dynamic 360-degree events and brand management company headquartered in Abu Dhabi and a subsidiary of Palms Sports PJSC. This strategic

Sport Business

Solutions+ signs sponsorship agreement with Al Ain FC

News Desk 1 25/09/2023 0

Solutions+, a Mubadala company, has signed a sponsorship agreement with Al Ain Football Club. The official signing ceremony occurred in Sheikh Khalifa Stadium in Abu Dhabi City on September 21, 2023, marking a significant milestone for both organisations. Under the latest partnership, Al Ain Football Club grants Solutions+ exclusive branding rights, reinforcing the

Business GCC UAE

Insurance House and Copart UAE Auctions sign partnership

News Desk 1 20/09/2023

Insurance House and Copart UAE Auctions have signed an agreement for digitally automated auction services. This collaboration will see Copart selling vehicles at its online auctions on behalf of Insurance House. The agreement will see Copart handle the online auctioning of vehicles for Insurance House, providing a comprehensive suite of services, including vehicle

Business NEWS DESK

Hitachi Energy selected for multi-project agreement

News Desk 2 31/07/2023

Dubai, July 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power […]

NEWS DESK

DIFC Academy and CFA Institute ink partnership agreement

News Desk 2 19/07/2023

DIFC Academy, the education centre of Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, is strengthening the capabilities and proficiencies of financial management professionals, through a newly announced partnership with CFA Institute, the global association of over 190,000 investment

Business

Karcher and BEEAH Group Sign Agreement to Strengthen Collaboration in Waste Management Solutions

News Desk 2 14/06/2023

[Dubai, UAE – June 14, 2023] – Karcher, a global leader in cleaning technology, and BEEAH Group, the region’s leading sustainability and digitalisation expert, renowned for ground-breaking environmental innovations and smart solutions for future-ready cities, have entered an agreement to collaborate across multiple projects and areas of interest that aim to

NEWS DESK

GE Gas Power signs services agreement with TAPCO

News Desk 2 12/06/2023

Abu Dhabi, UAE; June 12, 2023: GE Gas Power (NYSE: GE) has signed an agreement with the Taweelah Asia Power Company (TAPCO), the owner of the largest independent water and power plant (IWPP) in the UAE, to provide a range of asset and performance services for the reliable and efficient operation of the gas turbines at […]

Business

CHINA-GCC FREE TRADE AGREEMENT WILL HELP UNLOCK NEW OPPORTUNITIES

News Desk 2 08/06/2023

Dubai, United Arab Emirates, 8 June 2023: A Free Trade Agreement (FTA) between China and GCC is a “game-changer” that would boost the region and “galvanise Middle Eastern economic transformation,” according to a top former Lebanese minister. Although the deal is yet to be signed, there is a strong indication it will be finalised after […]

Business GCC UAE

Abu Dhabi Securities Exchange (ADX) Signs Agreement with Astana International Exchange (AIX) to enhance cooperation and expand bilateral relations

News Desk 2 07/06/2023

Abu Dhabi, June 7, 2023: Abu Dhabi Securities Exchange (ADX) announced today that it has signed an agreement with Astana International Exchange (AIX) for the inclusion of AIX as the fourth member of the Tabadul Digital Exchange Hub. Other members of Tabadul include Bahrain Bourse (BHB) and Muscat Securities Market (MSX). ADX launched Tabadul Hub […]

NEWS DESK

ELAF Group Officially Launches EXO Saudi Arabia

News Desk 2 23/05/2023

May 23, 2023 – In a significant move poised to redefine the Saudi Arabian tourism landscape, ELAF Group, a leader in the Kingdom’s travel, tourism, and hospitality sector, announced a strategic partnership with global destination management trailblazer, EXO Travel Group. This collaboration will lead to the inception of EXO Saudi Arabia, a venture designed to

Business GCC Saudi Arabia

Saudi Fund for Development signs a multiyear contribution agreement with the Global Fund

Middle East News 247 22/05/2023

Under the directive of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and His Royal Highness Crown Prince Mohammed bin Salman Al Saud, the Saudi Fund for Development (SFD), on behalf of the Kingdom of Saudi Arabia, signed today a $39 million multiyear contribution agreement with the Global Fund to […]

Business

SEVEN signs second licensed agreement with Hasbro

News Desk 2 10/05/2023

Riyadh, Saudi Arabia; May 10, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a second licensed agreement with Hasbro, Inc. a global branded entertainment leader. Under the agreement, SEVEN will bring the Transformers brand to its entertainment destinations in the Kingdom of Saudi Arabia. The agreement

Business

EssilorLuxottica and Chalhoub Group sign joint venture agreement to grow retail eyewear presence in GCC region

News Desk 2 10/05/2023

Charenton-le-Pont, France and Dubai, UAE, 10 May 2023 – EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses,and Chalhoub Group, signed a joint-venture for the development of direct eyewear retail in the GCC region. The agreement aims to shape the eyewear category and achieve new levels of customer

Business

Lootah Biofuels signs agreement to establish first biofuel plant outside UAE

News Desk 2 25/04/2023

Dubai, United Arab Emirates; 25 April 2023 Lootah Biofuels has signed an agreement with Fenaka Corporation Limited, a state-owned utility company providing electricity, water, and sewerage to the island communities of the Maldives, to establish its first biofuel production plant from waste cooking oil outside the UAE. The signing of the agreement underscores Lootah

Business

Hotpack to build SAR 1 billion packaging production plant

News Desk 2 04/04/2023

Dubai – April 4, 2023: Hotpack Global, the UAE-based global leader in food packaging products, has announced its plan to build one of the world’s largest sustainable packaging plants at an estimated investment of SAR 1 billion in the Kingdom of Saudi Arabia. The company has signed a Memorandum of Understanding (MoU) for this investment […]

NEWS DESK

Hitachi Energy and Petrofac secure landmark offshore wind agreement

News Desk 2 31/03/2023

Dubai, March 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, and Petrofac, a leading international service provider to the energy industry, have been selected by TenneT, the Dutch-German transmission system operator, to supply multiple offshore and onshore HVDC converter stations and associated infrastructure to

NEWS DESK

Bentley Systems Announces Strategic Agreement

News Desk 2 24/03/2023

EXTON, Pa., and Barcelona, Spain – March 24, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in

Business

DGW signs an Agreement with  Etihad ESCO

News Desk 2 21/03/2023

Dubai, 21 March 2023: Dubai Government Workshop (DGW) and Etihad Energy Services Company (Etihad ESCO) signed an agreement to establish a photovoltaic power station with an aim to increase contribution of clean energy and reduce carbon emissions. The agreement was signed by H.E. Fahad Ahmed Al Raeesi,  Executive Director  of DGW, and Dr. Waleed Alnuaimi, […]

Business

Japan International Cooperation Agency and Bank of Palestine sign agreement

News Desk 2 20/02/2023

Ramallah, Palestine; 20 February 2023: Japan International Cooperation Agency (JICA) and the Bank of Palestine (BOP) signed a USD$30 million Loan agreement for an Additional Tier 1 Investment in the capital of the bankfor the purpose of lending to small and medium enterprise (SME) projects. The loan is perpetual but can be converted into common […]