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Abu Dhabi Stem Cells Center Performs Testicular Cryopreservation for 4 Young Boys Prior to Undergoing Bone Marrow Transplantation

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Sahfy Sahfy
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Abu Dhabi Stem Cells Center Performs Testicular Cryopreservation for 4 Young Boys Prior to Undergoing Bone Marrow Transplantation
Abu Dhabi Stem Cells Center Performs Testicular Cryopreservation for 4 Young Boys Prior to Undergoing Bone Marrow Transplantation

The Abu Dhabi Stem Cells Center (ADSCC) has successfully performed four testicular tissue cryopreservation (TTC) procedures on four young patients (2, 7, 4 and 10 years-old respectively) prior to undergoing Bone Marrow Transplantation to treat their diseases. Two of the boys suffered from immunodeficiency diseases, one was diagnosed with leukemia and the other with thalassemia. Launching this innovative medical advancement for the first time in the UAE reflects ADSCC’s commitment to provide comprehensive innovative care for young patients and advanced pediatric bone marrow transplant care. The success of these procedures reinforces the Emirate’s ongoing healthcare achievements, further cementing Abu Dhabi’s status as a global leader in healthcare and life sciences.

Prior to bone marrow transplant, the young boys were required to undergo high-dose chemotherapy and total body irradiation required for the transplant. The parents were fully informed and educated about the potential risks of these treatments for their children’s future fertility. ADSCC physicians explained the benefits of testicular tissue cryopreservation in restoring the children’s future fertility.

The four surgical procedures were performed at ADSCC in 2024 with the consent of each of the children’s parents. Testicular tissues of each child were removed in a one-hour-procedure by ADSCC Pediatric Surgeons with the support of a multidisciplinary team of Urologists, Anesthesiologists and Bone Marrow Transplant physicians, and were transferred to one of Abu Dhabi’s Fertility Centers for processing and preservation.

Abu Dhabi Stem Cells Center Performs Testicular Cryopreservation for 4 Young Boys Prior to Undergoing Bone Marrow Transplantation

Abu Dhabi Stem Cells Center Performs Testicular Cryopreservation for 4 Young Boys Prior to Undergoing Bone Marrow Transplantation

Dr. Maysoon Al Karam, Chief Medical Officer at Abu Dhabi Stem Cells Center said, “At ADSCC, we achieved a groundbreaking milestone earlier this year by performing the first ovarian tissue preservation procedure for a 7-year-old girl. Today, we are proud to announce another remarkable achievement of successfully performing testicular tissue cryopreservation for four young male patients. This achievement was made possible by our dedicated multidisciplinary team and highlights not only the advancements in pediatric care and fertility preservation but also our commitment to pioneering cutting-edge medical practices and delivering patient-centered care through our Abu Dhabi Bone Marrow Transplant Program (AD-BMT©). By offering fertility preservation options, including testicular and ovarian cryopreservation, we empower our pediatric BMT patients—both pre- and post-puberty—with the possibility of future fertility despite treatments that may impact their reproductive potential. Our efforts are derived by the latest scientific advancements, positioning ADSCC as a leader in providing tailored fertility preservation solutions for pre-pubertal male and female patients in the UAE and the region. This progress reinforces our vision to set new standards in medical excellence and compassionate care.”

Dr. Mansi Sachdev, Clinical Lead & Pediatric Hematology, Oncology and Bone Marrow Transplant Consultant at ADSCC stated, “A key milestone in ADSCC journey is the successful integration of testicular tissue preservation into the treatment plans of young male patients undergoing bone marrow transplantation. This innovative procedure was seamlessly incorporated into their comprehensive care, which included high-intensity chemotherapy and radiation therapy that are crucial steps in preparing for the life-saving bone marrow transplant to treat their underlying conditions.”

Dr. Sleiman Gebran, Pediatric Surgery Consultant at ADSCC, said, “The surgical procedure involved carefully removing a small portion of the testicular tissue while ensuring minimal disruption to the surrounding anatomy and functionality. It is a meticulous process that requires precision and collaboration with a multidisciplinary team to integrate this into the patient’s overall treatment plan which we offer at ADSCC. This groundbreaking approach allows us to preserve spermatogonial stem cells for potential future use, offering families reassurance amidst challenging circumstances. As a pediatric surgeon, it is both a privilege and a responsibility to be part of a procedure that not only treats current health challenges but also addresses long-term quality of life goals for our patients.”

In 2023, ADSCC has been officially designated as the Center of Excellence for Bone Marrow Transplantation by the Department of Health – Abu Dhabi and was the first center in the UAE to be accredited by the Foundation for the Accreditation of Cellular Therapy (FACT) for its comprehensive cellular therapy program in 2024. These recognitions underscore the center’s commitment to excellence in providing advanced bone marrow and hematopoietic stem cell transplantation services. With state-of-the-art infrastructure and a specialized, internationally accredited team, ADSCC adheres to the highest global standards of care, ensuring optimal therapeutic outcomes for patients in Abu Dhabi and beyond.

The advanced technique of TTC involves slicing testicular tissue into thin strips, which are treated with cryoprotective agents to safeguard the cells from damage during the freezing process. The tissue is then gradually cooled and stored at ultra-low temperatures, typically in liquid nitrogen at approximately -196°C (-320.8°F). It can remain preserved for 20 to 25 years or longer, with the potential for future reimplantation to restore fertility. TTC is among the most innovative techniques globally, offering a promising solution for preserving fertility in prepubescent males at risk of infertility due to chemotherapy or radiation therapy during childhood.

This accomplishment highlights ADSCC’s leadership in advancing regional healthcare capabilities, particularly in cellular therapy research and its applications across diverse fields such as oncology, hematology, and reproductive health. By focusing on both immediate treatment and long-term quality of life, the center demonstrates its dedication to providing forward-thinking, patient-centered care that sets new benchmarks for healthcare innovation in the UAE and the region.

HUAWEI FreeClip with Rose Gold Finish and Smart Features Elevates Open-Ear Audio to New Heights

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Sahfy Sahfy
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HUAWEI FreeClip with Rose Gold Finish and Smart Features Elevates Open-Ear Audio to New Heights
HUAWEI FreeClip with Rose Gold Finish and Smart Features Elevates Open-Ear Audio to New Heights

The HUAWEI FreeClip has been a refreshing take on earbuds. The unique design and open-ear audio have proved to be a true fusion of style and function. These earbuds combine cutting-edge sound tech with a fashionable, lightweight design that’s as stylish as it is practical. And now they have gotten even better with a brand new Rose Gold colour option and a bunch of thoughtful features. The latest updates also bring new features such as Dynamic Bass Algorithm, Head Motion Controls, and Drop Reminders for even more convenience. The FreeClip promises a listening experience that feels effortless and smooth.

A Dash of Rose Gold, A Whole Lot of Personality

Rose Gold is one of those colours that draws attention without demanding it. Subtle yet captivating, it evokes the quiet glow of a cherished piece of jewellery. Its gentle shifts in hue—sometimes a soft pink, other times a warm gold—capture the light in ways that feel both elegant and unassuming.

This refined shade strikes a perfect balance between soft and assertive, offering a touch of sophistication without feeling stuffy. It has the unique ability to enhance everything it touches, whether it’s your skin tone or your favourite outfit for the day. There’s something reassuring about wearing earbuds that stand out from the crowd—not just for their tech features but for their fashion-forward design. 

Little Touches That Make a Big Difference

The HUAWEI FreeClip comes packed with thoughtful features that, while subtle, enhance your day-to-day experience. Take the new Drop Reminders, for example. If one earbud slips, the other will play a tone, and you’ll receive a notification on your phone—ensuring your earbuds stay exactly where they should.

Then there are the innovative Hands-Free Head Motion Controls, which allow you to answer or reject calls with a simple nod or shake of your head, perfect for when your hands are occupied. With this hands-free functionality, all it takes is a quick motion to accept or reject calls—making life just a bit easier and more convenient. The HUAWEI FreeClip, through the latest OTA update, offers a hands-free solution by allowing users to nod to accept calls and shake their head to reject them.

A Listening Experience That Goes Beyond the Basics

The HUAWEI FreeClip promises an excellent audio experience with its 10.8mm Dual-Magnet High-Sensitivity Driver Unit and large amplitude drive, preserving the clarity of sound. The dual-magnet high-sensitivity driver unit increases the magnetic induction intensity, when pairing with the enhanced dynamic bass algorithm, thus increasing the driving capability of the speakers. The Dynamic Bass Algorithm helps lows feel richer without muddying the rest. This produces a powerful sound quality and brings out the different tones of the music the user is listening to, from the resonant bass to the treble of the song.

The FreeClip are designed to ensure both comfort and stability, adapting to the contours of your ear for a snug yet lightweight fit. It’s as if the earbuds give your ears a gentle hug—never pressing too hard, but always staying in place. These earbuds stay securely in place whether you’re pushing yourself through a tough workout or catching a bus in the rain. And with an IP54 rating, they’re sweat- and water-resistant, ready to withstand whatever your day throws at you.

The open-ear design of the FreeClip lets you stay focused on work while enjoying your favourite tunes, and also stay aware of your surroundings. This makes it easier for spontaneous interactions with coworkers and also makes you seem more approachable. The FreeClip embrace an open-ear design. That means, you never have to choose between staying in your own world and being aware of the one around you. It’s the perfect way to stay connected to both.

Huawei has been making wearables that actually look good. With its earring-like design and stylish colourways, the FreeClip can pass off as a fashion accessory that complements any outfit. No matter if it’s worn to a hike in the mountains or to a usual day at the office, the FreeClip give you the freedom to move in comfort and style.

UAEREP to Host 7th International Rain Enhancement Forum from 28 to 30 January 2025

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شمس سيف
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UAEREP to Host 7th International Rain Enhancement Forum from 28 to 30 January 2025
UAEREP to Host 7th International Rain Enhancement Forum from 28 to 30 January 2025

Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, the National Center of Meteorology (NCM), through the UAE Research Program for Rain Enhancement Science (UAEREP), will host the 7th International Rain Enhancement Forum (IREF) from 28 to 30 January 2025 at Conrad Abu Dhabi, Etihad Towers.

The event will convene over 50 high-profile speakers from across the globe, including top global experts, policymakers, and researchers to advance discussions on water security and weather modification. With a strong emphasis on artificial intelligence solutions for weather enhancement, the Forum seeksto serve as a global platform for scientific discussions, fostering collaboration and innovation in rain enhancement science.

The 7th IREF coincides with UAEREP’s 10th anniversary, a milestone that underscores its decade-long commitment to advancing rain enhancement science and technology as a sustainable solution to water scarcity challenges, while contributing to water and food security both locally and globally.

To date, the UAEREP has allocated AED 82.6 million towardsthe successful completion of 14 innovative research projects, resulting in 8 patents, with 3 more pending registration. The Forum will commence with a special ceremony to honor distinguished local and international figures and institutions that have contributed to the program’s journey over the past decade.

His Excellency Dr. Abdulla Al Mandous, Director General of the National Center of Meteorology (NCM) and President of the World Meteorological Organization (WMO), stated: “The continuous support of our leadership for the NCM has been instrumental in enhancing the UAEREP’s research outcomes, establishing the program as a global hub that brings together a vast network of researchers and experts in weather modification and water sustainability. We are proud of the program’s journey over the past ten years and remain dedicated to further advancing its research efforts in support of the global quest to achieve water security.”

Al Mandous added: “Since its inception, IREF has exemplifiedthe UAE’s unwavering commitment to addressing the global water security challenge through scientific innovation and international collaboration. As the climate crisis intensifies, platforms like IREF are essential for uniting diverse expertise to create transformative solutions that benefit communities worldwide.”

Set at the forefront of advancing rainfall enhancement, and driving innovative solutions to strengthen global water security, the UAEREP will officially launch its sixth award cycle, which will focus on five research thrust areas, namely, Optimized Seeding Materials, Novel Cloud Formation and/or Rain Enhancement Systems, Autonomous UAS, Limited-Area Climate Interventions, and Advanced Models, Software, and Data. Researchers from around the world – across academia, government and industry – will be invited to submit their research preproposals starting from IREF’s first day on 28 January until 20 March 2025.

Alya Al Mazrouei, Director of UAEREP, said: “The 7th edition of IREF represents a landmark event in the global dialogue on water sustainability and weather enhancement, focusing on key topics that will shape the future of rainfall enhancement applications, particularly the transformative potential of artificial intelligence (AI) and other technological breakthroughs. Through knowledge transfer and multi-sector collaboration, IREF will continue to play a crucial role in advancing scientific understanding and technological innovations, ensuring a sustainable water future for all.”

The IREF sessions will address key topics such as regional and global perspectives on water security, advancements in hybrid AI-physics-based models for climate research, and innovations in autonomous unmanned aerial systems for weather modification. Discussions will also cover the development of novel cloud seeding materials, limited-area climate interventions, and new approaches to rainfall enhancement. Students and early-career scientists will have the opportunity to present their research through a dedicated poster session, shaping the next generation of experts in this critical field.

EBRD Supports the Development of Sanitation Services in West Irbid, Jordan

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Sahfy Sahfy
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EBRD Supports the Development of Sanitation Services in West Irbid, Jordan
EBRD Supports the Development of Sanitation Services in West Irbid, Jordan

The European Bank for Reconstruction and Development (EBRD) is providing US$ 30 million in sovereign financing to the Water Authority of Jordan (WAJ) to improve wastewater services for around 200,000 habitants of West Irbid in Jordan.

The new investment will help to complete the construction of a wastewater network, financed by a 2017 EBRD loan, to deliver first-time wastewater services to the area. The loan will help finance the installation of a new wastewater network and pumping infrastructure to benefit local communities and refugees and will contribute to the national target of 80 per cent network coverage by 2030.

Renewable freshwater resources in Jordan are far below the 500-1,000 m3 per capita needed annually and population growth is leading to severe water shortages, placing unprecedented stress on existing municipal services.

The new wastewater network will mitigate numerous environmental and health risks associated with inadequate sewage infrastructure. It will help to reduce greenhouse gas emissions by replacing current disposal practices such as cesspits.

The agreement was signed today by Zeina Toukan, Jordan’s Minister of Planning and International Cooperation, Raed Abu Soud, Minister of Water and Irrigation, and Gretchen Biery, EBRD Director and Head of the Eastern Mediterranean Region.

Since it started operating in Jordan in 2012, the EBRD has provided more than €2.2 billion to 74 projects.

Deloitte Middle East registration open for the fourth edition of Technology FAST 50 Program

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Sahfy Sahfy
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Deloitte Middle East registration open for the fourth edition of Technology FAST 50 Program
Deloitte Middle East registration open for the fourth edition of Technology FAST 50 Program

 Registration is open to take part in the fourth edition of the Deloitte Middle East Technology Fast 50 program. Technology companies across the Middle East and Cyprus are invited to submit their form for the Deloitte program, designed to recognize the fastest-growing technology companies. Window for registration expected to close by 31st December 2024.

Scott Whalan, Deloitte Private Leader said, “Following the impressive results reflected in the previous edition, we continue to track a remarkable growth pattern in the region’s tech industry, and we expect that to show in the fourth edition of Fast 50. From start-ups making big leaps with innovation to large companies that have successfully grown and pushed the bar to new heights in the tech ecosystem, Deloitte Middle East renews its commitment to support this thriving ecosystem and shed light on success stories that are contributing to our region’s economies.”

The program focusses on companies operating in industries like Communications, Digital Commerce, EdTech, Environmental Tech, FinTech, Hardware, Healthcare and Life Sciences, Media and Entertainment and Software. Beyond the rankings aspect, the program also includes several unique accolades, namely the ‘Women in Leadership’ accolade, the ‘Impact’ accolade, the ‘Rising Star’ accolade and the new ‘Kiyadat’ accolade, introduced to recognize companies that are led by local talent across GCC markets.

Companies that are interested to register need to submit one nomination form, and based on their eligibility they will automatically be considered for Technology Fast 50, Rising Star, Impact, Women  in Leadership and Kiyadat categories.

Companies that have participated in previous editions are encouraged to take part again in the fourth annual edition of Middle East Technology Fast 50, as well as new eligible companies from across the region. For further details, criteria and the application form, please visit: Deloitte.com

ROSHN Breaks Ground on ALMANAR Project, Marking Notable Development in Makkah

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Sahfy Sahfy
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ROSHN Breaks Ground on ALMANAR Project, Marking Notable Development in Makkah
ROSHN Breaks Ground on ALMANAR Project, Marking Notable Development in Makkah

Under the patronage of His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) Company, held the groundbreaking ceremony for ALMANAR, its inaugural fully integrated residential community in Makkah. The event was held at the project site, in the presence of Mr. Musad Aldaood, Mayor of Makkah; Eng. Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Eng. Abdullah Al-Hammad, CEO of the General Real Estate Authority; Dr. Khalid Johar, Acting CEO of ROSHN Group, and numerous prominent figures from the public and private sectors. During the event, attendees had the opportunity to explore the show villas and discover the diverse residential typologies available within the community, signifying a pivotal achievement in the Group’s mission to transform urban development and elevate the quality of life throughout the Kingdom.

ALMANAR covers an expansive 21 million square meters, offering over 33,000 residential units. The design of ALMANAR community reflects ROSHN’s vision of creating human-centric developments that prioritize people’s needs, offering a sustainable and vibrant living environment seamlessly integrated with nature and expansive green spaces. It ensures effortless access to a wide array of community facilities and services, including schools, mosques, shopping centers, and healthcare facilities. With vibrant streets, open spaces, and recreational areas, ALMANAR fosters social connections, strengthens community bonds, and cultivates a deep sense of belonging.

The community is strategically located within the Al-Haram Boundaries, just 20 minutes from Al-Masjid Al-Haram, less than one hour from King Abdulaziz Airport in Jeddah, and two minutes from Makkah Gate. The community is unique in terms of both location and design, drawing inspiration from the region, with homes embracing traditional architecture and using modern materials, creating a unique destination.

“Spanning over 21 million square meters, ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents’ needs,” said ROSHN Group’s Acting Group CEO Dr. Khalid Johar. “ALMANAR Community represent a pivotal step creating an integrated living environment within Makkah Al-Mukarramah, which will be only 20 minutes away from Al-Masjid Al-Haram. As ROSHN Group, we are committed to both raising the quality of life and contribute to reshaping the urban landscape in Makkah Al-Mukarramah

Dubai Taxi Unveils Its 2025-2029 Strategy: Innovation and Sustainability to Shape the Future of Smart Mobility

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Sahfy Sahfy
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Dubai Taxi Unveils Its 2025-2029 Strategy: Innovation and Sustainability to Shape the Future of Smart Mobility
Dubai Taxi Unveils Its 2025-2029 Strategy: Innovation and Sustainability to Shape the Future of Smart Mobility

Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, proudly unveils its transformative corporate strategy for 2025–2029. Building on its legacy of innovation and excellence, the strategy is anchored in an ambitious growth scenario, reinforcing DTC’s position as the region’s premier mobility operator.

At the heart of this strategy lies a commitment to maintaining leadership in the taxi market while expanding into new verticals such as limousine services and delivery thus charting a bold course for geographic expansion by targeting untapped markets across the UAE and the region.

A Vision for the Future

As part of this strategic transformation, the Board has approved a new vision for the company, positioning DTC as the “Preferred mobility choice for everyone.” This vision is supported by a mission focused on “Leading in digital and safe mobility services that meet communities’ needs for convenience, connectivity, and sustainability.”

 Abdul Mohsen Ibrahim Kalbat, Chairman of Dubai Taxi Company, stated:
“It’s a year since Dubai Taxi Company has transformed into a public joint stock company and with the launch of our five-year strategy 2025-2029,  we are on the verge of a pivotal transformation aimed at achieving sustainable and comprehensive growth across all aspects of the company’s operations. Fostering strategic partnerships while providing innovative and sustainable mobility solutions will be our focus in line with the aspirations of the community and support Dubai’s vision for a smart and sustainable future. “

“At DTC, we are committed to redefining mobility through innovation and a customer-centricity approach,” said Mansoor Rahma Alfalasi, CEO of Dubai Taxi Company. “This strategy is not just about growth; it’s about creating a sustainable, connected, and smarter future for our customers and stakeholders.”

 

Setting New Benchmarks

The 2025–2029 strategy targets double-digit growth across DTC’s portfolio, alongside a high dividend payout ratio. This bold approach aims to set new standards in sustainable and innovative mobility solutions, further solidifying DTC’s leadership in the industry

Sustainability at the Core

Aligned with Dubai 2040 Urban Master Plan and the Dubai Government’s strategic goals in the transportation sector, sustainability is a cornerstone of DTC’s strategic plans. Investments in electric and hybrid vehicles reflect DTC’s drive toward reducing environmental impact and promoting eco-friendly solutions, setting a benchmark for the industry.

Driving Growth with Innovation and Partnerships

In line with its transformation goals, DTC has entered into a strategic partnership with Bolt, the global shared mobility platform, to launch its e-hailing platform in Dubai. This collaboration underscores DTC’s commitment to providing cutting-edge mobility services and leveraging technology to meet the evolving needs of its customers. This reflects DTC’s commitment to supporting the Roads & Transport Authority (Dubai) directives to transition 80% of taxi trips to e-booking in the coming years. The strategic move will significantly strengthen DTC’s leading position and bolster its vital role in shaping the future of urban mobility in the emirate.

ADGM and Economy Middle East Sign MoU Announcing Return of the Economy Middle East Summit in 2025

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Sahfy Sahfy
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ADGM and Economy Middle East Sign MoU Announcing Return of the Economy Middle East Summit in 2025
ADGM and Economy Middle East Sign MoU Announcing Return of the Economy Middle East Summit in 2025

Economy Middle East and ADGM have signed a Memorandum of Understanding (MoU) during ADFW 2024 to announce their partnership for the second edition of the Economy Middle East Summit, set to take place on May 15, 2025. Building on the success of the inaugural summit, this partnership aims to reinforce the UAE’s position as a global economic and innovation hub.

The theme for the 2025 edition, “Bridging Sectors, Building Economic Growth,” will guide the summit’s agenda and focus on advancing cross-sector collaboration to address emerging challenges and unlock new opportunities for sustainable growth.

The MoU was signed by Joe Chidiac, CEO of JC Media Group and Publisher of Economy Middle East, and Mohammed Al Mheiri, Chief Communication Officer at ADGM.

The summit will bring together the region’s leading decision-makers, including ministers, business leaders and entrepreneurs, as well as top executives of significant international organisations. It will provide a dynamic platform for over 1,500 delegates to engage in meaningful discussions across critical sectors, including Economics, Banking and Finance, Technology, Cybersecurity, AI, Hospitality & Tourism, Real Estate, and Energy among others. 

The event will also highlight the role of Abu Dhabi as a global hub for business innovation, startups, and investments. In addition, the summit will attract entrepreneurs, business-minded individuals, and regional and international media outlets, ensuring diverse participation and global reach.

Building on the success of the inaugural edition

The first edition of the Economy Middle East Summit was held in May 2024 at ADGM with the theme “Accelerating Future Growth.” Graced by the presence of H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, the summit gathered over 1,000 delegates and featured insightful discussions on economic diversification, innovation ecosystems, and global investment trends that are driving the growth of the international economy.

Joe Chidiac, CEO of JC Media Group and Publisher of Economy Middle East, organizer of the event remarked: “This partnership with ADGM reflects our commitment to driving transformative discussions that advance collaboration and innovation across the region, building a stronger and more connected global economy.”

Mohammed Al Mheiri, Chief Communication Officer at ADGM said, “ADGM is pleased to partner with Economy Middle East once again to host this influential summit that is designed to foster a dynamic and interconnected economic landscape. We look forward to the impactful dialogues at the 2025 summit that will build pathways for innovation, sustainability, and long-term growth.”

The 2024 inaugural edition hosted over 28 renowned speakers and participants, including:

  • H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy
  • H.E. Dr. Hala Elsaid, Egypt’s Minister of Planning & Economic Development
  • H.E. Badr Al-Olama, Director General, Abu Dhabi Investment Office
  • Dr. Mahmoud Mohieldin, Executive Director, International Monetary Fund
  • Roberta Gatti, Chief Economist, The World Bank
  • Salem Al Darei, CEO, ADGM Authority
  • Emmanuel Givanakis, CEO, FSRA, ADGM
  • Chris Williamson, Chief Business Economist, S&P Global
  • Andrew Torre, Regional President, Visa
  • Rola Abu Manneh, CEO UAE, Middle East and Pakistan, Standard Chartered
  • Damian Hitchen, CEO MENA, Saxo Bank
  • Dr. Nasser Saidi, President & Founder, Nasser Saidi & Associates
  • Abdul Rahman AlThehaiban, Managing Director, Google Cloud for the Middle East, Turkey and Africa region
  • Mark Chaban, Chief Technology Officer, Microsoft
  • Naima Al Falasi, Senior Vice President, Portfolio Strategy, Mubadala
  • Hatem Dowidar, Group CEO, e& (Etisalat)
  • Haitham Mattar, Managing Director, IHG Hotels & Resorts- India, Middle East & Africa (IMEA)
  • Dr. Manfred Braunl, CEO, Middle East & Africa, Porsche
  • Dr. Saeeda Jaffar, SVP GCC, Visa

Libyan Ministry of Communication and Political Affairs and Forbes Middle East Sign Agreement to Host Libya’s First Investment Summit

By
شمس سيف
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Libyan Ministry of Communication and Political Affairs and Forbes Middle East Sign Agreement to Host Libya’s First Investment Summit
Libyan Ministry of Communication and Political Affairs and Forbes Middle East Sign Agreement to Host Libya’s First Investment Summit

In a landmark step to elevate Libya’s global profile, the Libyan Ministry of Communication and Political Affairs, led by His Excellency Walid Ellafi, has signed an exclusive agreement with Forbes Middle East, represented in Libya by JRN Consultancy. This partnership paves the way for hosting Libya’s first-ever Forbes Middle East Investment Summit, set to take place in May 2025.

The Summit represents a pivotal opportunity to highlight Libya’s untapped economic potential, attract international investors, and foster global media attention. It aims to position Libya as an emerging hub for sustainable investment and economic growth, signaling its readiness for international business partnerships.

The collaboration aims to position Libya as a leading investment destination by showcasing opportunities for sustainable development, facilitating dialogue and partnerships between Libyan stakeholders and global investors, and enhancing Libya’s international image as a gateway for economic collaboration between Africa, Europe, and the Middle East.

“This partnership with Forbes Middle East is a landmark moment for Libya,” remarked HE Walid Ellafi, Minister of State for Communication and Political Affairs. “It underscores our determination to attract international investment and solidify Libya’s position as an emerging economic hub.”

The Summit will bring together prominent global speakers, investors, industry experts, and decision-makers to engage in strategic conversations around Libya’s economic opportunities and long-term vision. “Forbes Middle East is dedicated to fostering growth and collaboration across the region,” added Khuloud Al Omian, CEO and Editor-in-Chief at Forbes Middle East. “Hosting this Summit in Libya is a significant step toward connecting the country with global investors and advancing its economic ambitions.”

“As the exclusive representative of Forbes Middle East in Libya, we are proud to lead this transformative initiative,” stated Ruwaida Abela Northen, CEO of JRN Consultancy. “The Summit will catalyze global partnerships and position Libya for a future of investment-driven progress.”

The Libya Economic Summit 2025 will serve as a transformative platform, showcasing Libya’s readiness to attract global investment. With a focus on sectors such as infrastructure, energy, technology, tourism, and agriculture, the Summit aims to drive economic recovery and promote sustainable development. It also seeks to empower Libyan youth and entrepreneurs, leveraging the country’s strategic position as an economic gateway between three continents.

Enriched by Forbes Middle East’s expertise, the event promises to foster meaningful dialogue, establish strategic alliances, and enhance Libya’s image on the global stage. This collaboration sets the foundation for long-term economic growth and prosperity, positioning Libya as a key player in the global investment landscape.

UAE and Croatia explore opportunities to bolster bilateral economic and trade relations

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شمس سيف
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UAE and Croatia explore opportunities to bolster bilateral economic and trade relations
UAE and Croatia explore opportunities to bolster bilateral economic and trade relations

His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, met His Excellency Ante Šušnjar, Croatia’s Minister of Economy and Sustainable Development, during an official visit to Zagreb. Discussions between the two ministers, who were joined by Ahmed Alattar, non-Resident Ambassador of the UAE to Croatia, focused on means to unlock new pathways for enhanced trade and economic cooperation between the two nations.

The two ministers explored potential areas for collaboration and initiatives to promote sustainable economic growth, with an emphasis on the importance of fostering private sector partnerships across priority sectors including agriculture, manufacturing, renewable energy, infrastructure, transportation, and tourism. The meeting also addressed strategies to streamline supply chains, which will help drive mutual prosperity and long-term economic resilience.

H.E. Al Zeyoudi highlighted the significance of Croatia as a strategic partner in the UAE’s efforts to deepen its economic engagement with Europe. He said: “Strengthening global trade and economic ties remains at the core of our strategic priorities, enhancing the UAE’s position as a pivotal player in the global economy. Our commitment to working with key partners such as Croatia ensures sustainable growth and supports trade frameworks that deliver mutual benefits.”

He added: “The substantial growth in non-oil trade with Croatia showcases the vitality of our economic relationship and paves the way for broader trade and investment opportunities. Key sectors such as manufacturing, renewable energy, and logistics hold immense potential for collaboration, advancing our shared vision for economic progress.”

H.E. Ante Šušnjar welcomed the UAE’s proactive role in fostering bilateral ties, commending the depth of opportunities that this partnership brings to both economies. He noted: “The UAE-Croatia partnership serves as a successful example of how strong economic cooperation can drive mutual growth and generate lasting benefits for both nations.”

The discussions also highlighted the rapid growth of non-oil trade between the two countries, which increased by 4% from USD 107 million in 2022 to USD 110.7 million in 2023. A key growth driver was a significant 265% rise in re-exports from the UAE, totalling USD 15.65 million, alongside a 12% increase in UAE exports to Croatia, which reached USD 43.03 million. This momentum carried forward into the first half of 2024, with bilateral trade expanding by 44.8% compared to the same period in 2023, totalling USD 78.9 million. The robust growth was driven by remarkable increases in imports, which surged by 84.2% to USD 50.1 million, and re-exports, which grew by 83.4% to USD 8.4 million.

This visit reflects the UAE’s forward-looking vision to position itself as a global leader in trade and investment while enhancing partnerships with European nations to promote sustainable development and achieve shared economic goals.

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