Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia.
Abu Dhabi-based TA’ZIZ has announced that its joint venture with Swiss-headquartered Proman, has achieved financial close on $2 billion financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City. The transaction was significantly oversubscribed, underscoring the strong global confidence in its strategy.
Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.
The UAE and Switzerland have agreed to set up a Joint Economic Committee (JEC) to boost bilateral economic co-operation, promote investment and boost trade flows. The JEC will focus on addressing trade-related barriers, facilitating knowledge-sharing and resolving business issues.
DHG Properties, a leading Swiss real estate developer with a major presence in the UAE, has launched its latest premium residential development - Helvetia Marine - on Dubai Islands. This marks DHG’s third project in Dubai under its Helvetia real estate brand.
Researchers at the Francis Crick Institute, a biomedical research centre based in London, and AlveoliX, a leading Swiss biotechnology company, have developed the first human 'lung-on-chip' model using genetically identical cells derived from stem cells taken from a single donor.