Category : Business
Ehang partners with Italian group to design vertiport
EHang Holdings Limited, the world’s leading autonomous aerial vehicle (AAV) technology platform company, announced a partnership with an Italian architecture firm Giancarlo Zema Design Group (GZDG) to extend its air mobility solutions in the EU. With EHang’s passenger-grade AAV technologies and air mobility solutions, GZDG has designed and will build......
Wizz Air Abu Dhabi launches new routes to Kazakhstan
Wizz Air Abu Dhabi, the newest national airline of the UAE, has announced the launch of its latest routes from Abu Dhabi to Almaty and Nur Sultan, Kazakhstan, starting in the middle of May 2021. With the launch of Almaty and Nur-Sultan, Wizz Air Abu Dhabi adds a further two......
First GE HA turbines to be installed at UAE Power Plant
The UAE’s first two GE HA gas turbines have been delivered, and are currently undergoing installation and commissioning works at the 1.8 gigawatts (GW) Hamriyah Independent Power Plant. The project is expected to be the most efficient power plant in the Middle East’s utilities sector, contributing towards UAE Energy Strategy’s......
Zynga acquires Echtra games team – makers of Diablo
Zynga Inc, a global leader in interactive entertainment, announced that it has acquired Echtra Games, a cross-platform game studio composed of a development team whose core members have previously shaped the world of action role-playing games through their work on genre-defining titles including Diablo, Diablo II, the Torchlight franchise and......
FedEx plans to go Carbon-Neutral by 2040
FedEx Corp, one of the world’s largest cargo airline, announced an ambitious goal to achieve carbon-neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration. This includes a pledge......
DP World to build $1.2 billion Indonesian port
DP World, the leading provider of smart supply chain logistics, alongside its partner Caisse de dépôt et placement du Québec (CDPQ), a global investment group, today signed a long-term agreement with Indonesia’s leading conglomerate Maspion Group to start the construction of an international container port and industrial logistics park in......
Content marketing sector to reach $269 billion by 2024
A latest market research report titled “Content Marketing Market by Objective (Lead Generation, Brand Awareness, Thought Leadership, And Others), Platform (Blogging, Videos, Infographics, Case Studies, And Others), End-user (Retail, Automotive, Financial Services, Telecom, And Others), and Geography APAC, Europe, MEA, North America, and South America)- Forecast and Analysis 2020-2024, published......
UAE telecom subscribers rise to 21.9 million by end of 2020
The number of telecom subscribers in the UAE, including mobile phones, landlines and Internet, grew to 21.92 million by the end of 2020. The latest statistics released by the Telecommunications and Digital Government Regulatory Authority indicated an increase in the number of mobile phone subscribers to 16.82 million by December......
AEEE Capital to construct 500-acre project in Cairo
AEEE Capital Holding & Advisory Group Inc (AEEE) signed a $650 Million deal to complete development and construction management of a 500-acre Phase II sector of the New Capital East of Cairo. Part of the upcoming improvements include a state-of-the-art call center, residential town homes, luxury villas, mid-rise apartments, and......
Blockchain technology is the future of digital finance
Prior to 2019, ICO’s were the significant method of implementing cryptocurrencies into the financial marketplace. This trend soon moved towards blockchain based cryptocurrency in 2020. DeFi, or decentralized finance, is the next phase of digital finance and a global trend is already emerging creating a demand for DeFi related companies.......

