Author: MoneySecrets
Mubadala Investment Company officially launched the Al Maryah Island waterfront development project, marking a major milestone in transforming the island into a premier global destination for living, working, and leisure in Abu Dhabi. The groundbreaking ceremony was attended by Waleed Al Mokarrab Al Muhairi, Deputy Group CEO of Mubadala, and Dr. Bakheet Al Katheeri, CEO of UAE Investments at Mubadala. The project will feature world-class facilities and experiences, carefully designed to offer a modern, interactive lifestyle that meets the needs of both residents and visitors. Dr. Al Katheeri stated, “The Al Maryah Island waterfront development is a strategic investment in…
Abu Dhabi Global Market’s Financial Services Regulatory Authority (ADGM) has signed a Memorandum of Understanding with the Central Bank of Azerbaijan to enhance collaboration in financial technologies, capital markets, and regulatory best practices. The agreement enables both parties to exchange knowledge, host joint training workshops, conduct field visits, and collaborate on research. It aims to foster innovation and strengthen the financial sectors in both jurisdictions. Emmanuel Givanakis, CEO of ADGM’s FSRA, emphasized the strategic value of the partnership, stating, “This MoU lays a solid foundation for knowledge exchange and joint innovation that supports capital market growth and regulatory advancement.” International…
As the energy transition accelerates across the Middle East, battery storage has become a vital part of the region’s energy infrastructure, not just an option. Governments are investing heavily in advanced battery technologies to boost energy resilience, cut emissions, and unlock new industrial growth by integrating large-scale solar power and electrifying off-grid areas, according to Utilities ME. The UAE is at the forefront of this transformation. It is reshaping the regional energy landscape through pioneering storage projects and cutting-edge technologies. Lithium Iron Phosphate (LFP) batteries have emerged as a key enabler of cleaner, more stable energy systems. Masdar, the UAE’s…
The UAE’s industrial zones across various emirates have witnessed a significant surge in the establishment of new factories and industrial facilities across multiple sectors during 2024 and the first half of 2025. Key industries such as steel, aluminum, cables, and heavy manufacturing have undergone notable expansion, marked by the launch of major industrial projects backed by substantial investment. The petrochemical sector, in particular, has seen rapid growth. According to the Gulf Petrochemicals and Chemicals Association (GPCA), the UAE accounted for 18.6 million tonnes of the GCC’s total petrochemical output in 2021. With continued expansion, this figure is expected to reach…
In a recent Money Secrets podcast with economic content creator Ahmed Elgamal, Fouad Darwish, CEO and Managing Director of Palms Sports, emphasized that continuous learning, whether from success or failure, is the key to adapting in a fast-changing world. “ I am an economist by degree, I’m not a sportsperson and held a leadership role for ten years, and was previously a banker,” he said. “But I still learn something new every day. Knowledge today is free and widely available online, from models and terminology to case studies and inspirational stories.” Darwish stressed that failure should not be hidden or…
Abu Dhabi Ports Group continues to strengthen its presence across Arab markets by launching strategic port and logistics projects that contribute to regional economic development and solidify the region’s role in global trade. As part of its regional expansion, the group signed multiple agreements in Egypt, Jordan, Bahrain, and Iraq, in line with the UAE’s vision to deepen economic and investment ties with neighboring countries. In Egypt, the group signed a 50-year concession agreement with the Suez Canal Economic Zone to develop a 20 km² integrated industrial and logistics zone in Port Said, with an initial investment of $120 million.…
In a special episode of the Money Secrets podcast, economic content creator Ahmed Elgamal hosted Dr. Nashwa Al Ruwaini, media pioneer and CEO of Pyramedia. She shared her experiences in media and freelancing, stressing that “success isn’t a finish line, but a series of missions and continuous steps.” Throughout the conversation, Al Ruwaini highlighted the growing challenges young people face today. “With just a phone and a light, anyone can reach the world,” she said. “But impact matters more than reach.” Despite her long career in top media institutions, she revealed that leaving a secure executive role to go freelance…
The UAE has made remarkable strides in developing smart and sustainable cities, earning global recognition through a comprehensive national vision rooted in digital transformation, innovation, and a firm commitment to sustainability. Experts highlight that the UAE’s approach goes beyond infrastructure upgrades. It is a holistic strategy that places people at the center of policy and urban planning. The country has become a global model by integrating advanced digital technologies into urban development to improve the quality of life and drive sustainable growth. Frédéric Godemel, Executive VP of Energy Management at Schneider Electric, praised the UAE’s strategic investments in digital infrastructure…
Abu Dhabi Global Market’s Financial Services Regulatory Authority (ADGM) has signed a Memorandum of Understanding with the Central Bank of Azerbaijan to enhance collaboration in financial technologies, capital markets, and regulatory best practices. The agreement enables both parties to exchange knowledge, host joint training workshops, conduct field visits, and collaborate on research. It aims to foster innovation and strengthen the financial sectors in both jurisdictions. Emmanuel Givanakis, CEO of ADGM’s FSRA, emphasized the strategic value of the partnership, stating, “This MoU lays a solid foundation for knowledge exchange and joint innovation that supports capital market growth and regulatory advancement.” International…
EHC Investment has signed a strategic partnership with Aleria, aiming to integrate advanced artificial intelligence technologies—developed in the UAE—into its group companies. This collaboration marks a major step toward smart, data-driven growth. By embedding AI across its operations, EHC seeks to boost decision-making, improve efficiency, and accelerate innovation in key sectors. The agreement reflects EHC’s strong commitment to adopting cutting-edge digital solutions and highlights the UAE’s growing role as a global hub for advanced technology. Through this partnership, the group plans to leverage deep data analytics, automate processes, and enhance customer experience. These efforts are expected to transform EHC’s business…