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AIM Congress Announces 15th Edition for 2026

By
شمس سيف
-
AIM Congress Announces 15th Edition for 2026
AIM Congress Announces 15th Edition for 2026

The Organizing Committee of AIM Congress, the world’s leading investment platform, has officially announced the launch of its 15th edition under the theme: Reshaping Global Prosperity: Unlocking New Investment Pathways Towards a Sustainable and Inclusive Future. AIM Congress will be held from 13 to 15 April 2026 in Dubai World Trade Centre (DWTC), Dubai, United Arab Emirates.

AIM Congress, recognized globally as a premier event dedicated to steering sustainable investment trends, will address strategies to navigate major economic transformations. The event aims to explore new horizons for strengthening global partnerships and enabling innovative solutions to address pressing global economic challenges.

AIM Congress will highlight the critical importance of integrating innovation, sustainability, and inclusivity in building more resilient and adaptable economies capable of sustained growth.

In this context, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade and President of AIM Congress, stated: “Amid the major global transformations – geopolitical, economic, and technological – it is imperative for nations to build long-term strategies based on resilience, sustainability and diversification. The UAE is pursuing an economy that is not only able to adapt to change but anticipate it, building capabilities in future-focused industries and committing to partnerships with the global growth centers of tomorrow. The outstanding achievements of 2024, which included robust export performance and our continuing rise in global indices as a trusted hub for trade and investment, vindicates our approach.

“The latest edition of AIM Congress is aimed at fostering the collaboration and knowledge exchange between governments, investors, and innovators to further this vision. This year’s Congress focuses on three key pillars: Global Markets, Future Economies, and NexGen – representing essential levers for building a strong and balanced future economy. It will again enable global decision-makers, business leaders, and innovators to work together to craft actionable solutions that support the economies of the future and enhance our collective readiness to face global challenges.”

His Excellency Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, stated: “The global investment landscape stands at a defining crossroads. This moment calls on economic communities to adopt new approaches, build dynamic business environments that drive innovation, and embrace the principles of comprehensive sustainability. At the same time, it requires us to strengthen international dialogue and foster closer alignment between the public and private sectors to reshape the global economy and develop future-ready investment ecosystems.”

“The AIM Congress 2026 will play a vital role in advancing cross-border partnerships, embedding a culture of sustainable investment, and enhancing countries’ readiness for growth. Through our partnership with this global event, we aim to spark constructive dialogue and broaden the scope of economic cooperation with markets worldwide, in full support of the UAE’s development goals.”

For his part, Dawood Al Shezawi, President of AIM Global Foundation, said: “The last edition of AIM Congress witnessed unprecedented turnout, with more than 15,800 distinguished attendees from 181 countries, reflecting the growing international confidence in the summit as a trusted platform for guiding global investments. In AIM Congress 2026, we continue to expand our impact by collaborating with leading international bodies and organizations and providing quality content that addresses economic challenges and enhances economies’ readiness for future investment.”

The UAE achieved exceptional global trade performance in 2024, with total foreign trade reaching AED5.23 trillion and a trade surplus exceeding AED492 billion, demonstrating its economic strength and leadership as a global trade and investment hub. The country advanced to 11th place globally in goods exports and 13th in services exports, and was ranked as the largest exporter of digital services in the region. The UAE exported goods worth AED2.22 trillion and services worth AED650 billion, of which AED191 billion were digital services, representing 30% of total services exports. The UAE contributed 41% of the Middle East’s total merchandise exports and 2% of global services exports—further affirming its pivotal position in international trade, enabled by flexible policies and an approach grounded in openness, innovation, and integration with global markets.

Additionally, the UAE recorded a significant leap in the Kearney Foreign Direct Investment Confidence Index for 2024, rising from 18th place in 2023 to 8th place globally—solidifying its status as one of the world’s leading investment destinations. The UAE currently ranks second in the Emerging Markets Index, following China, reflecting the success of its diversified economic strategy.

AIM Congress 2026 is structured around three main pillars:

The Global Markets pillar at AIM Congress 2026 underscores the role of capital markets and foreign direct investment in strengthening economic resilience amid evolving geopolitical and technological landscapes. It explores the reshaping of trade and manufacturing through supply chain localization, digital investments, and intelligent ecosystems. It also provides a platform bringing together policymakers, investors, and industry leaders to discuss pathways for inclusive growth and chart a roadmap for markets.

The Future Economies pillar focuses on pathways to growth in an era defined by digital transformation, urban expansion, and financial innovation. It covers three domains: cities, finance, and the digital economy. By highlighting green technologies, digital infrastructure, and smart systems, this pillar shows how shifts redefine productivity, improve quality of life, and enable societies to build adaptive, forward-looking economies.

The NexGen pillar at AIM Congress 2026 empowers the innovation and entrepreneurship ecosystem through support for SMEs, Unicorns, and AI-driven ventures. It aims to create an environment of accelerators, venture capital networks, hubs, and research centers – enabling innovators to craft solutions for global challenges. It also highlights the role of technologies and agile policies in driving adoption, expanding into markets, and accelerating enterprise growth.

AIM Congress 2026 will spotlight key sectors such as agriculture, energy, infrastructure, ICT, trade, and education, while presenting conferences and forums. The agenda also features the AIM Investment Awards, an international exhibition, innovation competitions, and country investment presentations.

AIM Congress maintains close collaboration with a select group of international organizations to expand its global impact and deliver actionable recommendations for addressing investment challenges and opportunities. Strategic partners include:
• United Nations Trade and Development (UNCTAD)
• United Nations World Tourism Organization (UNWTO)
• World Health Organization (WHO)
• International Renewable Energy Agency (IRENA)
• United Nations Industrial Development Organization (UNIDO)
• World Association of Investment Promotion Agencies (WAIPA)

AIM Congress 2025 achieved record success across all metrics, attracting 15,831 participants from 181 countries, including 207 government officials, 9 heads of state, and 74 ministers. The congress featured 1,385 speakers across 431 panel discussions and 11 workshops, with media coverage from 435 international media representatives.

A total of 588 exhibitors showcased investment opportunities, while 12,341 business meetings (B2B, G2B, and G2G) were conducted, in addition to 14 roundtable sessions and 34 local, regional, and international side events.

47 memoranda of understanding (MoUs) were signed, reinforcing AIM’s role as a catalyst for global partnerships and sustainable investment cooperation.

These achievements underscore AIM Congress’s position as a trusted global platform for shaping investment policy and advancing inclusive, sustainable economic development.

Gaza’s many injured will need rehabilitation care and support for years to come, WHO report 

By
شمس سيف
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Gaza’s many injured will need rehabilitation care and support for years to come, WHO report 
Gaza’s many injured will need rehabilitation care and support for years to come, WHO report 

Nearly 42 000 people in the Gaza Strip have life-changing injuries caused by the ongoing conflict, according to the latest WHO estimates released today. One in four of these injuries are in children.

Life-changing injuries account for one quarter of all reported injuries, of a total of 167 376 people injured since October 2023. Over 5000 people have faced amputation. Based on a larger pool of data, the findings are consistent with WHO’s previous analysis.

Other severe injuries, including to arms and legs (over  22 000), to the spinal cord (over 2000), to the brain (over 1300), and major burns (more than 3300) are also widespread, further increasing the need for specialized surgical and rehabilitation services and deeply affecting patients and their families across Gaza.

The report also highlights the prevalence of complex facial and eye injuries, especially amongst patients listed for medical evacuation outside Gaza, conditions often leading to disfigurement, disability, and social stigma.

The updated analysis draws on data from 22 WHO-supported Emergency Medical Teams (EMTs), Gaza’s Ministry of Health, and key health partners, providing a more comprehensive picture of rehabilitation needs as a result of severe trauma injuries.

As new injuries mount and health needs rise, the health system teeters on the brink of collapse. Only 14 of Gaza’s 36 hospitals remain partially functional, while less than one-third of pre-conflict rehabilitation services are operating, with several facing imminent closure. None are fully functional despite the efforts of EMTs and health partners.

The conflict has devastated the rehabilitation workforce. Gaza once had around 1300 physiotherapists and 400 occupational therapists, but many have been displaced, and at least 42 had been killed as of September 2024, according to the report. Today, one rehabilitation health worker was reportedly killed and one injured, along with two other health workers in the same attack. Those providing care are experiencing extreme stress and suffering. Despite the huge number of amputations, Gaza has only 8 prosthetists to manufacture and fit artificial limbs.

“Rehabilitation is vital not only for trauma recovery but also for people with chronic conditions and disabilities, which are not reflected in this report,” said Dr Richard Peeperkorn, WHO Representative in the occupied Palestinian territory. “Displacement, malnutrition, disease, and the lack of assistive products mean that the true rehabilitation burden in Gaza is far greater than the figures presented here. Conflict-related injuries also carry a profound mental health toll, as survivors struggle with trauma, loss, and daily survival while psychosocial services remain scarce. Mental health and psychosocial support must be integrated and scaled up alongside rehabilitation.”

WHO, EMTs and other health partners remain on the ground, working to meet urgent health needs. But to ensure access to care and scale up services, including rehabilitation, the report highlights that there must be urgent protection of health care, unhindered access to fuel and supplies, and the removal of restrictions on the entry of essential medical items, including assistive devices. Above all, WHO calls for an immediate ceasefire. The people of Gaza deserve peace, the right to health and care, and a chance to heal.

Cultural Investment Conference 2025 Concludes in Riyadh, Positioning Saudi Arabia at the Forefront of Global Cultural Investment

By
شمس سيف
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Cultural Investment Conference 2025 Concludes in Riyadh, Positioning Saudi Arabia at the Forefront of Global Cultural Investment
Cultural Investment Conference 2025 Concludes in Riyadh, Positioning Saudi Arabia at the Forefront of Global Cultural Investment

The Cultural Investment Conference 2025 concluded in Riyadh. Held over two days, 29–30 September, the event reinforced culture as an asset and a driver of sustainable growth. Organized by the Saudi Ministry of Culture under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the Conference gathered more than 100 speakers and 1,500 participants, cementing Saudi Arabia’s role as a global hub for cultural investment.

Day One began with an opening keynote delivered by His Highness Prince Bader bin Abdullah bin Farhan Al Saud, Saudi Minister of Culture, His remarks emphasized the Saudi Arabia’s commitment to building a dynamic cultural economy that empowers talent, supports innovation, and strengthens the country’s standing on the global stage.

Another major opening day highlight was the ministerial plenary, “From Policy to Prosperity – Culture as a Strategic Investment,” featuring, His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, and His Excellency Khalid Al-Falih, Minister of Investment. The session outlined a national framework that integrates cultural priorities into economic forecasts, supports infrastructure and heritage investments, and expands creative skills through education and talent development.

Throughout the day, international perspectives and local expertise converged on themes ranging from building sustainable creative economies to embedding culture within global growth strategies. Discussions emphasized finance and investment as essential to transforming cultural ventures into structured, credible markets, while also spotlighting cinema and entertainment as expanding drivers of cultural and economic influence.

The Conference also delivered tangible outcomes with the signing of 89 agreements , valued at SAR 4.3 B, including the launch of an investment fund by the Cultural Development Fund and the Cultural Assets Group, an investment fund in the film sector in partnership with BSF Capital, and an investment fund in the fashion sector in partnership with Merak Capital and other significant agreements across the public, private, and non-profit sectors.

In addition, new initiatives highlighted the Conference’s role in shaping Saudi Arabia’s cultural economy. Audi Capital launched the Kingdom and MENA region’s first CMA-regulated art investment fund, creating a new platform for cultural financing. Colnaghi, one of the world’s oldest art galleries, partnered with Sarat Investment Holding to open its first Middle East gallery in Riyadh. A strategic agreement with the Royal Commission for AlUla will also drive cultural and heritage development in AlUla, positioning it as a global destination. Together, these initiatives highlight Saudi Arabia’s growing role as a hub for cultural investment and innovation.

Breakout discussions in the Culture Studio explored leadership, entrepreneurship, and cultural innovation, alongside dialogues on philanthropy, heritage, and storytelling that highlighted the role of capital, partnerships, and technology in safeguarding authenticity and amplifying voices. The day closed with a focus on investor priorities, demonstrating how culture can attract global capital through ventures spanning immersive experiences, heritage preservation, and next-generation performance spaces.

Day Two continued with a keynote address by Her Royal Highness Princess Reema bint Bandar Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America, under the theme “From the Kingdom to the World – Investing in Culture and Identity,” which reflected on how culture can shape national identity, strengthen global partnerships, and advance sustainable growth.

A milestone announcement followed with Google Arts & Culture’s partnership with Jeddah Historic District, a UNESCO World Heritage site. The collaboration aims to digitize the district using Street View technology, making its heritage accessible worldwide for the first time. This initiative reflects the Kingdom’s commitment to harnessing technology to showcase its culture globally while safeguarding its historic treasures.

The closing day also focused on culture’s role as a catalyst for growth and competitiveness, as national leaders discussed how policy, talent development, and investment frameworks are embedding creativity within the Kingdom’s diversification plans. Saudi Arabia’s giga-projects and creative industries were presented as global showcases of culture, with developments such as Qiddiya, New Murabba, and NEOM anchored in cultural expression, while music, fashion, design, and hospitality were highlighted as expanding sectors of economic and cultural opportunity.

The Cultural Investment Conference 2025 reinforced Saudi Arabia’s leadership in making culture a driver of global growth. It laid the foundation for enduring partnerships and innovative models that will shape the creative economy of the future.

UAE-Malaysia Comprehensive Economic Partnership Agreement Enters in to Force

By
Sahfy Sahfy
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UAE-Malaysia Comprehensive Economic Partnership Agreement Enters in to Force
UAE-Malaysia Comprehensive Economic Partnership Agreement Enters in to Force

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Malaysia has officially come into force, marking a major advancement in trade and investment relations between the two nations. The landmark agreement, signed in January 2025, will provide a robust framework for increased economic cooperation across various sectors.

The CEPA is projected to more than double bilateral trade, which reached US$5.5 billion in 2024. The two sides have set a target of increasing non-oil trade to US$13.5 billion by 2032. In the first half of 2025, bilateral trade reached US$3.3 billion, representing a 30.9% year-on-year increase. The agreement will further strengthen the economic ties between the UAE and Malaysia by removing or reducing tariffs, enhancing customs procedures, and promoting private sector collaboration.

His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, stated, “The ratification of the UAE-Malaysia CEPA is a significant milestone in our economic partnership, paving the way for greater collaboration and innovation. This agreement will not only enhance trade relations but also unlock new investment avenues in key sectors such as healthcare, artificial intelligence, renewable energy, and logistics.”

The CEPA is Malaysia’s first trade agreement with a Gulf Cooperation Council (GCC) nation, representing an important step in enhancing economic ties with the Arab world. In addition to streamlining trade procedures and increasing market access for service exports, the agreement also includes a dedicated chapter on the Islamic Economy and aims to enhance sustainable development, technology transfer, and private sector collaboration, further solidifying the economic ties between the two countries.

The CEPA program is integral to the UAE’s foreign trade strategy, targeting US$1 trillion in total trade value by 2031 and aiming to double the size of the economy to surpass US$800 billion by the same year. Since its launch in September 2021, the CEPA program has successfully concluded agreements with 31 countries, enhancing trade relations and access for UAE businesses to markets that comprise nearly a quarter of the world’s population.

UAE-Australia Comprehensive Economic Partnership Agreement Enters into Force

By
Sahfy Sahfy
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UAE-Australia Comprehensive Economic Partnership Agreement Enters into Force
UAE-Australia Comprehensive Economic Partnership Agreement Enters into Force

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Australia has officially come into force, heralding a new era of economic collaboration between the two nations. This agreement is expected to unlock new avenues for substantial trade in goods and services, private sector collaboration, and investment opportunities across a wide array of sectors.

With the CEPA now ratified by both sides and officially in force, it is expected to elevate annual bilateral trade from US$4.2 billion in 2024 to over US$10 billion by 2032. In the first half of 2025, the UAE’s non-oil foreign trade with Australia reached US$3.03 billion, a year-on-year increase of 33.4%. The agreement will help boost these numbers by reducing unnecessary barriers to trade, facilitating greater market access for goods and services, and creating a robust framework for investment and collaboration to increase opportunities in priority sectors.

His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, expressed confidence in the agreement’s impact, stating, “The entry into force of the UAE-Australia CEPA marks a pivotal step in enhancing our economic partnership and will lead to new pathways for collaboration and growth. This agreement significantly strengthens our trade relations and opens doors for new investment in key sectors such as renewable energy, infrastructure, food security, and technology.”

UAE-Australia Comprehensive Economic Partnership Agreement Enters into Force

The UAE is Australia’s leading trade partner in the Middle East and its 20th largest partner globally. The CEPA is Australia’s first trade agreement with a country in the Middle East and North Africa (MENA) region. With a combined investment of approximately US$14 billion in each other’s economies and 300 Australian companies already operating in the UAE market across various sectors, the potential for substantial growth in economic relations is significant.

The UAE’s CEPA program is a cornerstone of its economic strategy, targeting US$1 trillion in total trade value by 2031 and aiming to double the size of the economy to exceed US$800 billion by the same year. The UAE-Australia CEPA is one of 31 agreements concluded to date, enhancing trade relations and expanding access for UAE businesses to key markets around the globe.

ADNOC DISTRIBUTION UNVEILS REFRESHED  ‘OASIS BY ADNOC’ BRAND FOR THE UAE’S MOST  POPULAR CONVENIENCE STORE 

By
Sahfy Sahfy
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ADNOC DISTRIBUTION UNVEILS REFRESHED  ‘OASIS BY ADNOC’ BRAND FOR THE UAE’S MOST  POPULAR CONVENIENCE STORE 
ADNOC DISTRIBUTION UNVEILS REFRESHED  ‘OASIS BY ADNOC’ BRAND FOR THE UAE’S MOST  POPULAR CONVENIENCE STORE 

ADNOC Distribution (ISIN: AEA006101017) (Symbol:  ADNOCDIST), the UAE’s largest fuel and convenience retailer with more than 50 years of heritage,  today unveiled ‘Oasis by ADNOC,’ a comprehensive re-launch of its iconic ADNOC Oasis  convenience brand. The transformation introduces a refreshed brand identity along with a premium  ‘On-the-Gourmet’ concept, reinforcing the company’s commitment to quality, innovation, and  elevated customer experience. This strategic move strengthens ADNOC Distribution’s leadership in  the UAE’s convenience and mobility retail landscape. 

ADNOC Oasis, an iconic Emirati institution, serves millions of customers annually across its  expanding network of 379 locations in the UAE, as well as in Egypt and Saudi Arabia. As the UAE’s  largest locally grown specialty coffee chain by footprint, it is renowned for its high-quality, on-the go dining experience, earning top marks from customers, with 81% rating its coffee as the best in  the UAE in a recent survey. 

Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: “ADNOC Oasis has been a firm  fixture in the communities we have served for decades. With the launch of ‘Oasis by ADNOC,’ we are  refining what we do best — delivering quality, variety, and accessibility — while staying true to our  Emirati identity. This refreshed identity reflects a renewed promise to create welcoming spaces for  the moments that connect people.”  

The refreshed identity modernizes the Oasis brand while honoring its Emirati roots. Central to this  update is the introduction of the ‘On-the-Gourmet’ concept, designed to meet rising customer  demand for premium, on-the-go food and beverage offerings. By blending high quality with speed  and convenience, the concept reinforces ‘Oasis by ADNOC’s position as the UAE’s go-to destination  for accessible gourmet dining. 

The updated menu features an expanded beverage selection, including revamped Barista coffee  blends, ceremonial-grade matcha, and protein shakes, alongside new food options such as healthy  wraps, fresh salads, and gourmet sandwiches. Signature favorites like gourmet hotdogs and 

ADNOC Classification: Need-To-Know 

artisanal pizza remain, offering something for every taste. Reflecting its commitment to local talent  and industry, ‘Oasis by ADNOC’ also champions Emirati entrepreneurs by featuring UAE-made  products, locally sourced ingredients, and homegrown F&B brands across its stores. 

The brand refresh comes amid strong momentum in ADNOC Distribution’s non-fuel retail  (NFR) business. In H1 2025, NFR gross profit increased by 15%, daily non-fuel transactions  rose by 11%, and convenience store gross profit grew by 21%, driven by higher transaction  volumes, improved conversion rates, and an expanded product range. Premium offerings,  including barista-prepared beverages, saw a 25% year-on-year increase in daily sales,  reflecting the success of new menu innovations and enhanced customer experience. 

The launch is fully aligned with ADNOC Distribution’s 2024–2028 growth strategy, which aims to  grow non-fuel transactions by 50% and position ADNOC service stations as top-tier convenience  destinations. It also opens the door to expanding ‘Oasis by ADNOC’ locations beyond fuel stations. 

AHRC Condemns Tragic Church Shooting in Grand Blanc, Michigan

By
Sahfy Sahfy
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AHRC Condemns Tragic Church Shooting in Grand Blanc, Michigan
AHRC Condemns Tragic Church Shooting in Grand Blanc, Michigan

The American Human Rights Council (AHRC-USA) strongly condemns the recent mass shooting that targeted the Church of Jesus Christ of Latter-day Saints in Grand Blanc, Michigan. This senseless act of violence, committed on Sunday, September 28, 2025, claimed the lives of four innocent individuals and left eight others wounded. The alleged shooter, Thomas Jacob Sanford—a former U.S. Marine and Iraq War veteran—was killed during the incident.

This horrific crime is yet another painful reminder of the persistent threat of violence in our society. Tragically, it is not the first such attack, and without meaningful action, it may not be the last. Regardless of motive, such acts demand a unified response from all sectors of society—local, state, and federal governments, civil society, and everyday citizens—to foster collaboration and sustain active engagement in the pursuit of public safety.

Crimes of this nature are crimes against all of us. They defy justification and must be met with unwavering condemnation. Our collective safety depends on our shared commitment to stand united against hate, extremism, and violence in all its forms—political or otherwise.

This tragedy also underscores the urgent need to confront the reality of violence as a deep and ongoing challenge facing our nation. No one should ever experience such terror, especially in places of worship—spaces meant for peace, reflection, and community.

AHRC urges all houses of worship to take the threat of violence seriously. While the risk is small, the threat is real. We recommend that houses of worship reach out to law enforcement if they need basic training on dealing with threats.

The American Human Rights Council extends its heartfelt condolences to the families and loved ones of the victims of this brutal attack. We also wish a full and speedy recovery to all those injured.

AHRC remains steadfast in its commitment to promoting peace, justice, and the protection of human rights for all regardless of race, faith, and origin.

Standard Chartered: 20% of Corporates Globally Eye UAE for Future Supply Chains

By
شمس سيف
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Standard Chartered: 20% of Corporates Globally Eye UAE for Future Supply Chains
Standard Chartered: 20% of Corporates Globally Eye UAE for Future Supply Chains

Standard Chartered announced today the findings of its latest ‘Future of Trade: Resilience’ report, which identifies the United Arab Emirates (UAE) as one of six stand-out markets shaping the future of global trade. The report highlights that 20 per cent of corporates globally are reviewing their supply chains through the UAE, underscoring its position as a resilient commercial hub with strong international connectivity.

The study, which covers 1,200 corporates with annual revenues above USD 250 million across 17 markets, also reveals that companies are increasingly looking to the UAE to access opportunities with Mainland China, ASEAN, Africa and the United States, reflecting its growing role as a connector across some of the world’s most dynamic growth corridors.

Commenting on the findings, Mohammed Salama, Regional Head of Client Coverage for Corporate and Investment Banking, at Standard Chartered, said: “The UAE’s rise as a global trade hub is a direct reflection of the vision of its leadership to diversify the economy, strengthen resilience and invest in world-class infrastructure. That vision is positioning the country at the centre of tomorrow’s trade corridors and attracting corporates worldwide to place the UAE at the heart of their supply chains.”

Alongside this global trend, the report further highlights that 50 per cent of corporates from Saudi Arabia, Egypt and India intend to expand trade and investment with the UAE, underlining its role in strengthening intra-regional flows and cementing the Middle East–India corridor.

Salama added: “As regional economies deepen their trade links; the UAE is playing a central role in connecting partners across the Middle East and South Asia. With its position along corridors linking the region to India, China, Africa and beyond, the country is driving new flows that extend well past traditional sectors. At Standard Chartered, we are proud to support this by leveraging our presence in 54 markets to connect clients, mobilise capital and help facilitate the growth of trade.”

The UAE’s growing role in both regional and global trade flows is reinforced by sustained investment in infrastructure and diversification. The country’s attractiveness is further strengthened by its world-class infrastructure, including some of the busiest ports globally, alongside Operation 300bn, which aims to raise the industrial sector’s contribution to AED 300 billion (USD 81.7 billion) by 2031. These efforts are complemented by rapid diversification into financial services, artificial intelligence and digital infrastructure, supported by growing investment in data centres and cloud ecosystems.

This diversification is reflected in the UAE’s increasingly important trade corridors that now extend well beyond petrochemicals, linking the Middle East globally while driving new flows in renewable energy, technology and e-commerce.

FIVE Holdings Secures $460M Facility to Global Expansion of Music-Driven Experiential Hospitality

By
Sahfy Sahfy
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FIVE Holdings Secures $460M Facility to Global Expansion of Music-Driven Experiential Hospitality
FIVE Holdings Secures $460M Facility to Global Expansion of Music-Driven Experiential Hospitality

FIVE Holdings, owners of The Pacha Group and FIVE Hotels and Resorts, has secured a landmark $460 million Revolving Credit Facility (RCF) with leading financial institutions — Commercial Bank of Dubai, Arab African International Bank, and Santander.

A Global Electronic Music Ecosystem

Music is woven into the very fabric of FIVE Hotels and Resorts, shaping an atmosphere where unforgettable moments come alive. By curating the hottest international DJs, cutting-edge productions, and high-energy day-to-night parties, FIVE has cemented itself as Dubai’s ultimate stage for music-driven experiences that draw crowds from every corner of the world.

Dubai’s legendary day-to-night beach party series, Bohemia Presents at FIVE Palm Jumeirah blends its signature fusion of high-energy music with world-class entertainment and unapologetic glamour. Known for transforming Saturdays into a sun-soaked, sound-driven spectacle, Bohemia Presents has hosted music industry stalwarts such as French Montana, Diplo, Lost Frequencies, Robin Schulz, Dimitri Vegas, Sonny Fodera, and Jan Blomqvist, amongst others — and an effortlessly vibrant crowd.

Imported from the legendary Pacha Group in Ibiza, Pacha ICONS has evolved into a world-class music travelling event concept, delivering VIP service, world-class production and unforgettable performances that take place at Playa Pacha, Dubai’s most exclusive pool and beach club at FIVE LUXE JBR. The distinctive energy of Pacha ICONS has drawn life-celebrating audiences from across the globe with its international pedigree and reputation for hosting world-renowned DJs and artists such as Keinemusik’s Rampa and Adam Port, Solomun, Black Coffee, Mayan Warrior, ANOTR, Frank Storm, East End Dubs Mochakk, CamelPhat, Marco Carola presents Music On and more, Pacha ICONS has become synonymous with cultural prestige, style and unparalleled entertainment in Dubai.

This music ecosystem is equally powerful in Ibiza, where Destino Five Ibiza takes the stage as the island outpost of the brand’s sound revolution. Here, Pacha ICONS continues its legacy under the stars, with the resort’s iconic open-air stage playing host to electrifying lineups — from Music On with Marco Carola to Solomun, CamelPhat, BLOND:ISH, Mau P, Franky Rizardo, Mason Collective and more — creating nights that embody the very soul of Ibiza’s soundscape.

And just moments away, the birthplace of it all — Pacha Ibiza, the world’s most iconic house music nightclub for over 50 years — continues to define the global electronic music scene with the biggest names in the industry. From residencies with Sonny Fodera, CamelPhat, BLOND:ISH’s Abracadabra, Defected, Marco Carola Presents Music On, and Flower Power with Bora Uzer, to world-renowned nights such as Solomun +1, Pure Pacha with Robin Schulz, and Baddest Behaviour with Mau P, Pacha Ibiza remains the heartbeat of dance music culture worldwide.

FIVE Dubai: Continues to Drive Operational and Financial Excellence

Dubai hotels delivered $177M in revenue (+24% YoY) and $73M in EBITDA (+25% YoY) in H1 2025, while Pacha Group generated €43.2M in revenue (+14% YoY) and €13.1M in EBITDA (+26% YoY).

Operational highlights in Dubai include:

  • Hotel rooms: 85% occupancy with a RevPAR of $310 (+2% YoY) and ARR of $363 (+5% YoY).
  • F&B & Events: F&B revenue $36.4M (+18%), Social Events $45.3M (+12%), Live Events $10.6M (new stream), average check $86 (+18% YoY).
  • Guest activity: 1,074,429 covers in H1 25 (+10% YoY), reflecting strong demand across dining and social venues.

The Pacha Group: Delivering Scale in Ibiza

Equally transformative has been the integration of the iconic Pacha Group, acquired in 2023 for €302.5 million. For H1 2025, revenue reached €43.2 million versus €37.8 million in 2024, while EBITDA increased 26% to €13.1 million.

Operational highlights in Ibiza include:

  • Pacha Ibiza Nightclub hosted 64 events in Q2 with 222,018 guests (+25% YoY), driving an increase in revenue per event.
  • Destino Five Ibiza achieved an ADR of €533 with 84% occupancy.
  • Pacha Hotel delivered 87% occupancy and a RevPAR of €223, up 76% YoY.

These figures showcase the enduring global appeal of Pacha and FIVE’s ability to scale entertainment-led hospitality profitably.

The Rhythm of the Future: Experiential Hospitality Powered by Electronic Music

This integrated model is perfectly aligned with global travel trends. Travelers are no longer seeking just rooms; they want immersive, high-energy experiences that blend hospitality, gastronomy, and entertainment. While many are only beginning to recognize this trend, FIVE was ahead of the curve, creating the ‘VIBLE’ for the signature ‘Vibe at FIVE’ as early as 2018. By building a unique ecosystem that seamlessly integrates dining, nightlife, and live events, FIVE consistently outperforms competitors and sets new benchmarks in experiential tourism.

Kabir Mulchandani, Chairman and CEO of FIVE Holdings, commented:

“The support of leading global banks for this facility unwaveringly affirms their trust in FIVE Holdings’ vision and financial resilience. Our banking partners, who aligned with our vision as early adopters, have been instrumental in powering FIVE’s growth. At FIVE, we identified early on the transformative power of experiential hospitality — where live gastronomy and high-energy entertainment driven by electronic music converge. This isn’t just a trend; it’s the future of global tourism. Our positioning today is no accident — it is the result of a bold, forward-thinking strategy, conceptualised and executed since 2018.”

From Dubai to Ibiza, and soon across Spain, Asia, the United States, and the UAE, FIVE Holdings is not just expanding its footprint — it is shaping the future of global experiential entertainment, redefining how the world lives, dines, and celebrates.

BEBA organizes a panel discussion on logistics future in Egypt, SCZone projects 

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Sahfy Sahfy
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BEBA organizes a panel discussion on logistics future in Egypt, SCZone projects 
BEBA organizes a panel discussion on logistics future in Egypt, SCZone projects 

The British Egyptian Business Association (BEBA) has organised a panel discussion entitled: ‘The New Era of Logistics in Egypt: Spotlight on SC Zone Projects in Ports’, Logistics and Industry at Conrad Cairo Hotel.  

H.E. Dr. Waleid Gamal El Din, Executive Chairman of the Suez Canal Economic Zone, delivered the keynote address. He was joined in the discussion by Keld Mosgaard Christensen, CEO of Suez Canal Container Terminal (SCCT); Mohammed Shihab, North Africa Cluster CEO of DP World Egypt; Amr El-Batrik, CEO and Board Member of Orascom Industrial Parks; and Medhat El-Kady, CEO of Kadmar Shipping Egypt.Their collective insights contributed significantly to a robust.

Dr. Waleid Gamal El Din, Executive Chairman of the Suez Canal Economic Zone, highlighted the significant progress in Egypt’s logistics and ports, particularly at East Said port, which was ranked third globally by the World Bank in 2024 and first in Africa. This reflects the successful infrastructure efforts by the Egyptian government. He noted that to boost throughput in industrial areas, it’s essential to increase market share.

He added in the past 38 months, the Suez Canal Economic Zone has contracted 34 projects worth $10.4 billion, primarily in Sukhna, Kantara, Ismailia, and East Port Said. Recently, a new factory area was inaugurated in Kantara, focusing on textiles and food processing, which will significantly enhance exports through Mediterranean ports. With 40 companies exporting an average of $100 million each, this could add $4 billion to Egypt’s current $40 billion exports.

Additionally, the zone aims to improve throughput by expanding services, such as bunkering, which has increased from zero to one million tons per year. While efforts are ongoing to attract more value-added logistics, challenges remain, as these benefits may not be as substantial as manufacturing.

The SCzone has made significant progress in the past eight months, opening 50 to 60 factories and attracting over 334 projects, including 11 ports. This represents a substantial increase from previous years, with 70% of the new industries being ones that Egypt did not have before, such as localized wind solar panels and APIs for medicine. Investment in the zone has grown significantly, reaching over $6.3 billion in the last 14 months due to increased trust from the international community. While infrastructure investments are ongoing, there is a need for more capacity. Overall, the zone is expected to enhance exports and meet its potential, contributing positively to Egypt’s economy.

On his part, Keld Mosgaard Christensen, CEO of Suez Canal Container Terminal SCCT, said, ‘We are now ranked number three in the world, thanks to the efforts of our team and the supportive ecosystem surrounding us. Our success depends heavily on Tox, the Suez Canal, and the SC zone. A well-functioning port can enhance not only its own capacity but also the surrounding infrastructure.’ 

He added that the Egyptian government has made significant investments in port capacity, currently around 10 million TEU, while the market demand is about 2.5 to 3 million TEU. There’s a clear vision, but we need to bridge the gap through collaboration among ports and other ecosystem players to attract investors who can produce goods efficiently.

Christensen noted, ‘We’re working closely with stakeholders and customs to optimize the flow of goods and enhance transparency for importers. Benchmarks from a World Bank report highlight our operational efficiencies, and having an Egyptian port ranked third among hundreds is an achievement. The focus remains on improving wait times for container customs to attract more businesses to our economic zones, fostering specialization and inter-industry collaboration for future growth.’ 

Mohammed Shihab, Executive Vice President of the North Africa Cluster and Chief Executive Officer of DP World Egypt, emphasized the importance of being integrated within the broader economic ecosystem to ensure the effective delivery of services. 

He highlighted those ports serve as critical points in both the upstream and downstream sectors of the economic zone. The process of imports commences at the ports and is supported by substantial activities within industrial zones, ultimately facilitating exports. 

The geographical advantages of the Suez Canal Economic Zone are significant, particularly given the robust presence of investments from Eastern countries, notably India and China. DP World plays a pivotal role in Egypt’s import sector, responsible for approximately 70% of the country’s imports. Furthermore, the ecosystem seamlessly incorporates Mediterranean ports to enhance our export markets, thereby creating an effective link across all infrastructure, from ports to industrial areas. 

On the other hand, Amr El-Batrik, CEO & Board Member, Orascom Industrial Parks. emphasized that Orascom Industrial Parks has been actively engaged with the SCZONE industrial parks for the past 25 years, playing a crucial role in facilitating foreign direct investments. 

Recent investments have predominantly stemmed from major importers of raw materials and exporters of finished products, who are reaping the benefits of the seamless integration between ports and industrial zones, alongside the comprehensive services offered through the one-stop shop model within the SCZONE. 

Currently, the organization serves approximately 120 clients, with around 50 operational facilities and several others under construction, thereby enhancing export capabilities and logistics within the ecosystem to support future growth.

Medhat el-Kady, CEO of Kadmar Shipping Egypt, provided an overview of Kadmar Group’s initiatives in the Suez Canal Economic Zone (SCZONE). The company sought logistics opportunities, initially securing sites in Abu Rawash and Alexandria but ultimately choosing Sokhna for its project. They launched with a 12,000-square-meter warehouse, investing approximately EGP 100 million.  

Rapidly established within three weeks, Kadmar began operations shortly thereafter. As demand grew, they expanded to a logistics park of 50,000 square meters, representing one of Egypt’s most extensive facilities, with investments totaling around EGP 1.2 billion.  

Despite concerns about the Red Sea shipping situation, demand remained strong, with key clients including manufacturers, food importers, and the United Nations. The facility currently accommodates 112,000 pallets and 200,000 containers, with plans for an administrative building and showroom to further support local manufacturing.

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