Shareholders of the National Central Cooling Company (Tabreed) have approved a historic interim dividend of 6.5 fils per share, the first in the company's 27-year history. This decision follows a record-breaking first half of 2025, in which Tabreed saw its revenue rise by 3% to Dh1.11 billion and its net profit reach Dh276 million.
Fueling…
Business
Cities across the Middle East and Africa are experiencing increasingly extreme temperatures, putting immense pressure on existing infrastructure. This summer, a new temperature record of 51.8°C was set in Sweihan, UAE. The article argues that this is not a one-time event but a clear pattern that demands immediate action. With electricity demand projected to rise…
Inception, a G42 company and a leader in AI-powered business solutions, has announced that seven of its products are now available on the Microsoft Azure Marketplace. This move builds on the strategic partnership between G42 and Microsoft, providing organizations worldwide with easier and faster access to enterprise-grade AI solutions. The products are designed to drive…
The 6th Annual Middle East Instrumentation Cybersecurity and Automation EXPO (MEICA) successfully concluded in Abu Dhabi, bringing together global leaders and technical experts from a variety of regions. The event, hosted by the UAE Cybersecurity Council, reaffirmed its position as a key platform for knowledge exchange and collaboration in the energy and heavy industries. Discussions…
Sharjah Coop has been recognized for its innovative use of technology, winning two titles at the Middle East Technology Excellence Awards 2025. The supermarket chain was awarded for its achievements in the Personalisation – Retail and Big Data – Retail categories, celebrating its successful adoption of artificial intelligence (AI) and data-driven solutions.
AI-Powered Personalization and…
A new report from Alpen Capital shows that the UAE’s food sector is undergoing a significant transformation. While overall food consumption is expected to see a modest increase to 8.8 million metric tonnes (MT) by 2029, the industry is becoming more positive due to a growing population, rising incomes, and a booming tourism sector.
Overcoming…
