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Al Khayyat Investments (AKI), one of the UAE’s prominent family-owned conglomerates, has broken ground on its largest fulfilment centre to date.
According to the report, this will help the company's next phase of expansion in the UAE and the wider region.
As highlighted in the report, the state-of-the-art distribution hub located in Dubai Industrial City, a member of TECOM Group PJSC, will provide AKI with double its existing storage and dispatch capacity, serving more than 8,000 business customers and half a million consumers of home delivery services, processing over three million orders per year.
A report says US-based hospitality firm Collective Retreats has partnered with Saudi Arabia’s $500 billion giga-project NEOM to open a sustainable retreat in Trojena, the mountain destination located in the north-western part of the Kingdom.
The project has been given the name Collective Trojena, and a press release says that it should be up and running by the beginning of 2026.
Energy CEOs from throughout the Middle East and Africa (MEA) will meet in Dubai next month for a dedicated, first-of-its-kind roundtable that will thrash out implementation strategies to realise the region’s Net Zero decarbonization ambitions, stated the report.
The MEA Energy CEO Roundtable, which will gather up to 30 sector leaders, will be held as part of Middle East Energy, the 48th edition of the region’s most reputable and comprehensive event for the energy sector, which will run at the Dubai World Trade Centre from March 7th to 9th.
The exclusive peer-to-peer closed-door symposium will be held on March 8 under Chatham House Rule.
A report says Tawazun Industrial Park (TIP), the industrial development-enabling arm of Tawazun Council, today announced the signing of a solar lease with Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa.
The agreement was signed at Tawazun Council Chalet at IDEX by Faiz Saleh Al Nahdi, Managing Director and CEO of TIP, and Jeremy Crane, CEO of Yellow Door, in the presence of several senior officials from both sides.
Samana Developers, a Dubai-based trendsetting real estate company, announced 12 new projects, according to the report.
The first two projects are the AED 320 million Santorini luxury residential project and Mykonos in Dubai Studio City. These new projects were named after the two most popular islands of Santorini, Greece, and Mykonos, in the Aegean Sea, highlighted in the report.
According to the news, DNV, the independent energy expert and assurance provider, has published new research about the industry’s perception of the growing market.
for floating offshore wind and its possibilities for mass commercialization.
The research, which surveyed 244 developers, investors, manufacturers, advisors, and operators across the globe, found that 60% of respondents think floating offshore wind will reach full commercialization by 2035, with 25% believing it will be as early as 2030.
Aramtec, one of the UAE’s longest-established food service companies, is delivering on a year-long strategy to become cloud-based and digitally empowered through solutions from global technology company SAP SE (NYSE: SAP).
The strategy, according to the report, is to fully automate and improve Aramtec's import of premium food brands and goods, as well as its online store Butchershop. As a result, the company has committed to a transformation journey, including an upgrade of its ERP landscape.
A report says Al Ain Water, the UAE’s leading water brand, announced today at Gulfood the launch of its new water bottle, which is made of recycled polyethylene terephthalate (rPET).
This new 100% rPET bottle is the first to be locally produced by a UAE brand.
PET is a highly recyclable plastic material, and when recycled, it becomes rPET, a strong, durable, and infinitely recyclable material that is commonly used for packaged foods and drinks. Once reprocessed, rPET can be used to make new plastic bottles or other items, according to the report.
According to Deloitte, which released its 2023 Global Marketing Trends report, some 90% of industry leaders in Saudi Arabia and 82% in the UAE believe the metaverse will play a significant role in their plans over the next two years, a survey shows.
The report said that International Data Corporation (IDC) recently held the 16th annual IDC Middle East CIO Summit at Dubai's Atlantis, The Palm. This was the 16th IDC Middle East CIO Summit.
More than 500 of the region's most influential ICT decision makers attended the two-day event, which this year runs under the theme "Enabling the Digital Economy's Leaders." The event was opened by IDC's global president, Crawford Del Prete, as he presented the summit's keynote, "Strategies for the CIO and Enterprise Innovation."
"As storms of disruption continue to gather, it is crucial that CIOs are clear on what they need to do now—aand in the future—to create an environment for long-term sustainable innovation," said Del Prete.