AJ Al Asmawi Group, one of the UAE’s largest independent family-owned conglomerates, has signed a musataha agreement with Dubai Industrial City (DIC) part of TECOM Group, to expand its operations within the district and introduce one of the UAE’s first oil rigs manufacturing and refurbishment facilities.
TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address the rising demand for Grade-A office spaces from global multinational companies.
Dubai Holding, a diversified global investment company, has opened applications for the second edition of its global Innovate For Tomorrow Impact Accelerator 2025.
Funding raised by start-ups within Dubai’s leading entrepreneurship incubator, in5, has crossed AED9 billion ($2.45 billion) since its inception.
