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MANUFACTURING-
Local dairy products supplier Silver Line Gate Group broke ground on its AED 200 mn facility in Dubai Industrial City, which includes manufacturing, warehousing, and office spaces, according to the Dubai Media Office. The company aims to produce 90k tons of milk powder, and 10k tons of butter annually from its new facility, which is scheduled to open next year.
TECH-
#1- Dubai’s Higher Committee for Future Technology Development and Digital Economy approved three initiatives in the tech field to build capacity, develop urban management skills, and increase government support of the sector, according to the Dubai Media Office. The rundown:
- The Government Venture Building Program will convert government assets into commercial ventures and develop new products and services;
- The National Tech Skills Enhancement Program aims to train 5k Emiratis over five years, targeting fourth-year university students in technical fields;
- The CleanScape Initiative, developed in collaboration with MIT Senseable City Lab, will use data-driven technologies to improve urban management in Dubai.
#2- Presight partners with Colombian gov’t to foster tech research, development: Data analytics firm Presight inked an MoU with Colombia’s Science, Technology, and Innovation Ministry to collaborate on research and development in AI, data analytics, smart cities, energy, and climate among other fields, according to a press release. The agreement will also see both parties launch seminars and conferences to facilitate technology transfer and foster new technologies, especially those pertaining to smart cities, and green energy transition.
TOURISM-
Hilton to launch marketing campaigns for Dubai: The Dubai Department of Economy and Tourism inked an MoU with Hilton to launch marketing campaigns promoting the emirate, as well as tourism products highlighting the city’s attractions, according to the Dubai Media Office statement. In addition, Hilton will tap the department’s training programs offered through its Dubai College of Tourism to upskill its staff in customer service and cultural awareness.
DEFENSE-
Local defense company Calidus Aerospace partnered with Turkish defense tech firms for cockpit display and ground training solutions during the Saha Expo 2024 in Istanbul, Wam reports. The agreements include one with Aselsan to procure cockpit display solutions for Calidus’ airborne platforms and upgrade its rotary and fixed-wing fleet, and another with Havelsan to procure ground-based training solutions to address Calidus’ current and future training needs.
SUSTAINABILITY-
Members of the Dubai Multi Commodities Center (DMCC) Sustainability Hub will be able to fast-track their ESG practices and long-term emission reduction targets thanks to three new agreements signed by the DMCC, a statement from the center showed.
The rundown:
- DMCC signed an agreement with S&P Global Market Intelligence (SPGMI) and S&P Global Sustainable1 to give its Sustainability Hub members access to the S&P Global Corporate Sustainability Assessment (CSA), allowing companies to track their sustainability progress and implement a global framework for their sustainability reports using the Sustainability Starter Pack;
- An agreement with Earthly will allow members to use its platform to obtain carbon management strategies and access verified carbon offset projects;
- A third agreement was signed with Climate Essentials allowing members to access tools to gauge their carbon footprints.
CRYPTO-
Avalance-backed web3 security company CyBirb launched operations in the Abu Dhabi Global Market (ADGM), according to a press release. CyBirb offers several blockchain security solutions, including smart contract audits, decentralized application security, wallet screening, and transaction monitoring.
