Latest Threads

Bayanat AI PLC and Oxa have announced a strategic partnership to advance autonomous vehicle technology in the UAE and beyond. Supported by the Abu Dhabi Investment Office (ADIO) under its Smart and Autonomous Vehicle Industry (SAVI) cluster, the collaboration aims to leverage Bayanat’s AI-powered geospatial analytics and Oxa’s autonomous vehicle technologies. The partnership will explore the creation of an Autonomous Mobility Centre of Excellence and promote local talent development. It also plans to create innovative services in the autonomous vehicle sector, with guidance from an advisory board comprising UAE industry representatives and senior leaders from Oxa.

On 12 June 2024, Dana Gas PJSC held a board meeting from 11:03 AM to 2:00 PM with all 11 board members present, achieving 100% quorum. The Board reviewed the company's operations in Egypt, the United Arab Emirates, and the Kurdistan Region of Iraq, ratified the Q1 financial statements, and considered other routine matters. The meeting's decisions and resolutions were signed by Omran Al Zamani, the Board Secretary, on 13 June 2024.

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced its participation as a diamond sponsor in the International District Energy Association (IDEA) 2024 Annual Conference in Orlando, USA. The event, themed ‘District Energy for Sustainable Cities,’ will take place from June 17-20 and is expected to attract hundreds of delegations from over 30 countries. Empower's participation will be led by CEO Ahmad bin Shafar, who will highlight Dubai's sustainable district cooling initiatives and the company's global leadership in the field. The conference will focus on advancements in district cooling technology and its role in addressing energy efficiency and climate change challenges.

On June 11, 2024, Gulf Navigation Holding PJSC held a Board of Directors meeting. The following decisions were made: 1. Accepted the resignation of Mr. Mohamed Abdulrahman Amiri from his position as Vice Chairman. 2. Approved the appointment of Mr. Ahmad Kilani as a new Executive Board member, subject to approval at the upcoming general assembly meeting. 3. Elected Dr. Abdulrahman Mahmoud AlAfifi as the new Vice Chairman of the Board. 4. Discussed updates on the acquisition of companies and assets owned by Brooge Energy Limited, presented the results of legal and financial due diligence, and authorized Mr. Ahmad Kilani to negotiate and sign the Term Sheet. 5. Approved regular matters and other business of the Company. The communication was signed by Nader Muqbel, Investor Relations Director at Gulf Navigation Holding PJSC.