Latest news with #Emirate
Zawya
3 days ago
- Business
- Zawya
Gridora in deal to fast-track delivery of $9.5bln infrastructure projects
UAE - Gridora, the new infrastructure platform established by ADQ, IHC and Modon Holding, has signed its first MoU with Abu Dhabi Projects and Infrastructure Centre (ADPIC) for the delivery of high-impact transport infrastructure projects. The agreement marks a key milestone in Gridora's mission to champion the delivery of strategic infrastructure projects. Through this agreement, Gridora and ADPIC will establish a framework for potential collaboration in relation to supporting the development, planning and implementation of strategic infrastructure projects within the Emirate of Abu Dhabi. The initial focus of the MoU will be to establish a working committee to explore potential opportunities and identify pilot projects, activities and initiatives Gridora could undertake. These would be considered from several projects ADPIC aims to deliver within the emirate, with the centre having been mandated to implement projects with an estimated value of at least AED35 billion ($9.5 billion). Chairman Jassem Mohamed Bu Ataba Al Zaabi said: "Gridora's expertise and resources will deliver world-class infrastructure, empowering the nation's ambitious economic and population growth goals. Our MoU with ADPIC reflects our shared commitment to accelerate the implementation of critical transport infrastructure, combining innovation, scale and vision." "The delivery of these high-impact infrastructure projects will be transformative to Abu Dhabi, and we look forward to working closely as a trusted infrastructure partner to ADPIC," he stated. Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport, said: "This strategic partnership between ADPIC and Gridora underscores a shared focus on creating transport infrastructure that enhances Abu Dhabi's continued growth as a global city. By leveraging Gridora's capabilities, this collaboration aims to accelerate project delivery, improve cost efficiency, and deliver long-term value for Abu Dhabi and its communities." ADPIC Director General Eng. Maysarah Mahmoud Eid said: "We see infrastructure as a powerful enabler of opportunity, economic growth, and long-term sustainability. This MoU with Gridora advances our shared commitment to accelerate the delivery of high-impact projects that enhance connectivity and quality of life across the emirate." "By combining our strategic vision with Gridora's delivery capabilities we are shaping a future-ready emirate that aligns with Abu Dhabi's strategic vision and long-term goals," he noted. Modon Holding Group CEO Bill O'Regan said: "With this MoU, we can unlock Gridora's capability to deliver critical infrastructure, ensuring the long-term growth of the recently announced infrastructure platform. We look forward to seeing Gridora move forward with purpose, enabling world-class cities with cutting edge infrastructure." Operating under Modon Holding and established in partnership with ADQ and IHC, Gridora serves as a strategic platform for collaboration with specialist partners and capital providers, enabling the delivery of large-scale, high-impact infrastructure projects. Al Zaabi said Gridora has adopted a dual-focus business model spanning 'Infrastructure Projects' and 'Infrastructure Investments', enabling it to lead across the full infrastructure lifecycle. This MoU with ADPIC marks the first in a series of planned engagements to advance high-impact public-priority infrastructure, enhance and foster long-term collaboration between the public and private sectors and is a testament to the significant scale of Gridora's business, he added.
Sharjah 24
3 days ago
- General
- Sharjah 24
23 entities participate in Second Documentation Forum
The event is held at Al Dhaid Expo Centre under the theme 'Documents Accessible to All', with the aim of familiarising residents and those interested with documents that chronicle key stages in the nation's development journey. Showcasing National Milestones Dr. Al Ketbi stated that the Second Documentation Forum is being held for the second time at the Emirate level, with 23 participating entities from both the public and private sectors showcasing documents that record important events in the country's history. A Platform for Official and Personal Archives He added that the forum, held under the slogan 'Documents Accessible to All' and supported by the Municipal Council and Al Dhaid Municipality, shines a light on official documents preserved by government institutions since their inception, as well as documents collected by individuals and researchers in this field. The forum also features digital documents of interest to its visitors. Invitation to the Public Through 'Sharjah 24', the Chairman of Al Dhaid Municipal Council extended an open invitation to the public and document enthusiasts to visit the forum and explore its valuable collections of documents and records, which are of great interest to researchers .
The National
22-05-2025
- Business
- The National
Dubai's Tresind Studio makes culinary history with three Michelin stars
Indian restaurant wins big as The Michelin Guide announced its 2025 list for the emirate
Mid East Info
20-05-2025
- Business
- Mid East Info
Ministry of Finance Organises Awareness Session in the United Kingdom as Part of the 'UAE Global Cadres' Initiative
Highlighting career opportunities in international financial organisations for Emirate students The Ministry of Finance, in cooperation with the UAE Embassy in the UK and the Education and Technology Sciences Attaché Office, hosted an awareness session for Emirati students studying in the UK. The event was held as part of the Ministry's 'UAE Global Cadres', an initiative that seeks to empower Emirati youth and broaden their exposure to professional and training opportunities within major international financial institutions. Building Professional Relationships: Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry of Finance, stressed that the UAE Global Cadres programme plays a key role in opening up new horizons for young Emirati talents, adding that the programme is designed to raise awareness among Emirati youth about the work environment within international financial institutions and prepare them for internships, secondments, and employment opportunities with these entities. Sharafi added that the initiative aims to help students build international networks and enable them to contribute to global decision-making platforms. Meanwhile, Sheikh Khalid Saud Al Qasimi, Deputy Chief of Mission at the UAE Embassy in London, reaffirmed the country's commitment to supporting its students overseas. 'We firmly believe in the importance of preparing a generation of young Emiratis who are empowered, well-informed about international systems, and capable of representing the UAE on the global stage,' he said. He noted that the session has provided a platform for promoting dialogue and forging long-term professional relationships that extend well beyond graduation. For his part, Abdulrahman Al Dhaheri, Acting Education Attaché at the Office of Education and Technology Affairs at the UAE Embassy in the UK, stated: 'The Ministry of Higher Education and Scientific Research's participation in the UAE Global Cadres initiative reaffirms its commitment to empowering students on scholarship by equipping them with the skills and experiences necessary to excel in international work environments, particularly in the financial, economic, and political sectors. 'We truly believe it's important to prepare a generation of confident, capable Emiratis who can represent the UAE proudly in global organisations and play an active role in shaping decisions on the international stage,' Al Dhaheri said. He added: 'What's really exciting about this session is how it brings different parts of the government together to support students in a practical way. It's an opportunity for strengthening dialogue, networking, and building relationships that can help students both during their studies and as they start their careers. It also aligns closely with the UAE's aspirations for leadership and global competitiveness.' Presentations: The gathering featured presentations by representatives from leading international financial institutions, including the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC). Speakers outlined recruitment pathways and professional development opportunities at their respective organisations, detailing flagship programmes for emerging talent, application procedures, eligibility criteria, and high-demand areas of specialisation. The event also included an interactive session, providing students the opportunity to engage directly with representatives. Many participants voiced interest in learning how to navigate multicultural work environments and advance their careers on a global scale. This session is part of a series of awareness-raising activities organised by the Ministry of Finance, in collaboration with the Ministry of Foreign Affairs, across key global capitals that host major international financial institutions. These sessions seek to familiarise Emirati students with the training and career opportunities available within these global entities. Earlier last month (April), the Ministry of Finance officially launched the ' UAE Global Cadres', an initiative designed to introduce Emirati students and professionals to opportunities available in international financial organisations. The initiative aims to empower young people by equipping them with the knowledge and skills necessary to launch successful international careers, in line with the aspirations of the UAE's wise leadership and its vision. Through this programme, the Ministry seeks to strengthen the UAE's presence within international financial institutions and increase the contribution of national talent to advancing global sustainable development goals. The initiative also seeks to build a strategic network of relationships that will enhance the competitiveness and capabilities of Emirati professionals in key sectors.
CNBC
16-05-2025
- Business
- CNBC
Nvidia, Cisco and OpenAI are backing the UAE Stargate data center project
U.S. tech giants Nvidia, Cisco and OpenAI are supporting the "UAE Stargate" artificial intelligence data center announced this week, a source familiar with the deal confirmed Friday. Nvidia will supply hardware with the latest Blackwell GB300 systems. The Abu Dhabi data center, which was announced by the Trump administration on Thursday, will be built by the Emirate firm G42. This is breaking news. Please refresh for updates.
