Global Advanced Aero Solutions (GAAS), a subsidiary of Al Shaheen Aviation Holding, and AEROBAY, the all-in-one spare parts marketplace for rotary & fixed wings, today announced the signature of a partnership in asset co-investment. Under the terms of this agreement, GAAS and AEROBAY will co-finance the acquisition of an impressive range of aerospace assets, including rotable inventories, engines, and complete helicopters and aircraft. 

Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced the opening of its first Middle East and North Africa (MENA) office, located in Dubai’s Internet City, following a successful launch in the region last year. This new office reflects Procore’s long-term investment and commitment to the MENA region, and signifies the company’s continued growth and global expansion.

The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and Dubai Financial Market (DFM), the leading financial market across the region, has announced the introduction of a self-assessment tool for measuring the maturity of Environmental, Social and Governance (ESG) policies and practices in companies. This is in-line with the group's continuous efforts to raise awareness and encourage the adoption of sustainability in the UAE.

Boston Consulting Group (BCG), the global management consulting firm, has launched its Global Climate & Sustainability Hub in the GCC region. The announcement was made at the BCG Middle East Climate & Sustainability Impact Summit in the presence of a select group of leaders, key decision-makers, and industry experts. The event was inaugurated by H.E. Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment of the United Arab Emirates (UAE), and Christiana Figueres, Executive Secretary of the United Nations Framework (UNFCCC), which saw insights shared on the actions needed for governments and businesses to tackle climate change in the region, as well as broader sustainability challenges.

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