In The Spotlight
Climate saving credentials from HD Hyundai CE
HD Hyundai Construction Equipment is a top contender for a nomination in the Climate Protection category at the Bauma 2025 Innovation Awards.
The HW155H hydrogen-powered wheeled excavator concept is set to take centre stage in April, showcasing the next step toward production for this innovative machine.
Praised by judges for its ability to significantly cut engine exhaust emissions, it highlights a promising pathway to achieving carbon reduction on construction sites.
At the heart of HD Hyundai’s stand, the hydrogen-powered concept will feature alongside a variety of advanced machines and operational solutions.
Hyundai has been actively exploring zero-emission technologies for construction and industrial equipment.
The showcase will include a groundbreaking range of energy storage and refuelling solutions, developed in collaboration with Hyundai Motor Company.
These innovations aim to position hydrogen as a practical energy source for global infrastructure, civil engineering, and building projects.
The event highlighted the achievements of the entrepreneurial community. (Image source: RAKEZ)
RAKEZ Growth Series wraps up 2024 with strategies for sustained success
The RAKEZ Growth Series 2024 concluded with a final gathering at the Compass Coworking Centre, bringing together participants, speakers, and industry leaders for a day of networking, reflection, and valuable business insights.
The event highlighted the achievements of the entrepreneurial community, celebrating the growth and success driven by the knowledge and strategies shared throughout the year.
Over the course of 2024, the RAKEZ Growth Series featured 10 dynamic sessions, hosting dozens of experts from industries such as finance, marketing, wellness, media, and government. With over 1,000 entrepreneurs and business owners in attendance, the series served as a platform for learning, collaboration, and unlocking new opportunities for business growth.
The final event of the year provided attendees with an opportunity to revisit the highlights of the RAKEZ Growth Series, reconnect with peers, and gain new insights from inspiring speakers. Entrepreneurs reflected on their achievements, shared their growth stories, and discussed strategies to maintain momentum heading into 2025.
In 2024, the RAKEZ Growth Series served as a catalyst for business transformation. Participants frequently credited the series' expert guidance, practical resources, and networking opportunities as instrumental in driving their progress and fostering long-term success.
Reflections
RAKEZ group CEO Ramy Jalad, said, “The RAKEZ Growth Series was created with a mission to empower business owners and entrepreneurs with practical strategies, actionable insights, and valuable networks to fuel their success. The 2024 edition delivered on this promise, facilitating countless opportunities for growth, collaboration, and learning. It has been incredible to witness the transformative power of shared knowledge and connections in our community.”
Shijin Abdul Latheef, founder of Craftspot Designs, said, "The RAKEZ Growth Series has been a true game-changer for me! Each session delivered actionable insights, and the networking opportunities have allowed me to forge invaluable partnerships. These events have consistently exceeded my expectations, providing unmatched value that keeps me coming back.”
Hannah Joao, founder of Digitally Driven, said, "The Growth Series events have been essential to my personal and professional journey. By attending multiple sessions, I’ve not only grown my network but also built meaningful partnerships that have significantly boosted my business. As the founder of a digital marketing agency in Ras Al Khaimah, I’ve experienced firsthand how these sessions cultivate innovation, collaboration, and practical takeaways that empower businesses to thrive. For me, the Growth Series isn’t just an event—it’s a launchpad for success."
Mohamed Ismail Syed, founder of RAKVISTA, said, "The Growth Series isn’t just a series of events; it’s a university for young entrepreneurs like us. The speakers are exceptional, offering insights that expand our perspectives, refine our strategies, and provide actionable guidance we can apply to our ventures. This platform has been instrumental in helping me navigate market dynamics and inspired me to strive for excellence in my entrepreneurial journey."
These plates will feature a distinctive yellow colour. (Image source: Abu Dhabi Mobility)
Abu Dhabi introduces distinct commercial motorcycle plates
The Integrated Transport Centre (Abu Dhabi Mobility) of the Department of Municipalities and Transport has announced the introduction of a new category of commercial motorcycle licence plates, set to launch on 1 January 2025.
These plates will feature a distinctive yellow colour, symbolising economic activities, and will be reserved for motorcycles used in commercial and delivery services.
This initiative underscores Abu Dhabi Mobility's dedication to advancing sustainable transport infrastructure and promoting operational efficiency within the emirate.
The new licence plates aim to streamline commercial transport operations, ensuring they adhere to regulatory standards while addressing the needs of businesses reliant on motorcycles for deliveries.
By distinguishing commercial motorcycles from personal-use vehicles, this measure enhances regulatory oversight, supports compliance with established transport guidelines, and fosters improved logistics across the commercial sector. It also aligns with broader efforts to boost economic efficiency and contribute to an elevated quality of life in Abu Dhabi.
H.E. Mohammed Al Braik Al Ameri, executive director of the drivers and vehicles licensing sector, highlighted that the initiative will significantly enhance road safety and streamline motorcycle traffic management. By introducing distinct licence plates for commercial motorcycles, the system will simplify the identification of private versus commercial vehicles, boosting the overall efficiency of traffic operations.
This measure will also facilitate improved database management and classification of motorcycles, supporting the development of streamlined governmental procedures related to motorcycles and economic activities. The initiative reflects a commitment to creating a more organised and secure transport environment.
Badar Rashid AlBlooshi, chairman of 3DXB Group. (Image source: 3DXB)
3DXB highlights its 2024 achievements
3DXB Group, a pioneer in 3D printing for construction, said it achieved a landmark year in 2024.
The company’s technologies have redefined construction efficiency, scalability, and environmental sustainability, aligning with key national objectives such as the UAE's Net Zero by 2050 strategy and Dubai’s Real Estate Strategy 2033.
This year, 3DXB Group was recognised as the ‘3D Printing Construction Company of the Year’ at the Construction Innovation Awards, underscoring its role in modernising the construction industry. It also received the ‘Sustainable 3D Printing Company of the Year’ award at the Sustainability Innovation Awards, reflecting its commitment to environmentally responsible practices and innovative building solutions.
Active engagement at industry forums such as The Smart Built Environment Forum and the Arab Housing and Community Development Forum further solidified 3DXB’s reputation as a leader in modular construction and green building techniques. These events provided a platform to showcase its groundbreaking technologies and contribute to critical discussions shaping the future of housing and infrastructure.
Among its key achievements in 2024, the company introduced 3D printing solutions that reduced material waste by 60%, cut construction timelines by half, and lowered building energy consumption by up to 30%. These innovations have supported Dubai’s ambitious AED 1 trillion real estate transaction goals under the Dubai Real Estate Strategy 2033, further advancing sustainable urban development.
Badar Rashid AlBlooshi, chairman of 3DXB Group, said, “2024 has been a year of growth and achievement for 3DXB Group. We are proud to have provided solutions that address the demand for sustainable construction while supporting regional development goals. Our focus remains on advancing 3D printing technologies to create a more efficient and environmentally conscious construction industry.”
Al Masaood will be the sole distributor of the technology. (Image source: Al Masaood)
Al Masaood to distribute Hengst technology in the Middle East
Al Masaood Group’s Projects, Engineering, and Services Division (PESD) has entered into an exclusive agency agreement with Hengst Air Filtration Middle East, the regional subsidiary of Hengst Filtration Germany.
This collaboration designates Al Masaood as the sole distributor for Hengst’s advanced gas turbine and turbomachinery filtration systems within the UAE.
Hengst, a globally recognised leader in filtration and fluid management, operates across 26 locations with a workforce exceeding 3,700. The company’s solutions include innovative carbon capture and utilisation (CCU) technology, which captures CO2 directly on-site and converts it for reuse, eliminating the logistical challenges associated with transporting liquid CO2.
Hani El Tannir, CEO of Al Masaood Group Industrial, said, “This collaboration with Hengst reflects Al Masaood’s strategic focus on sustainability and innovation. Together, we aim to introduce advanced filtration technologies that support cleaner and more efficient industrial processes in the UAE."
Vijay Thomas, managing director of Hengst Air Filtration Middle East, said, “Partnering with Al Masaood Group is a significant step in bringing our advanced filtration technologies to the UAE. This collaboration reflects our dedication to delivering sustainable solutions that drive innovation and support the transition to a greener, more efficient future.”
The agreement supports the UAE Net Zero 2050 strategy. (Image source: Lootah Biofuels)
Emarat partners with Lootah Biofuels to grow renewable goals
Emarat Petroleum Company (Emarat) and Lootah Biofuels have signed an MoU to bolster renewable energy efforts and align with the UAE's sustainability goals.
The agreement supports the UAE Net Zero 2050 strategy and the National Biofuels Policy, aiming to reduce greenhouse gas emissions and promote clean energy.
Under the MoU, Emarat and Lootah Biofuels will expand the collection network for used cooking oils through Emarat’s retail stations.
This initiative will facilitate biofuel production, offering an environmentally friendly alternative to traditional fossil fuels. The partnership also explores introducing biodiesel (B5) at Emarat’s retail stations, in compliance with Ministry of Energy and Infrastructure (MoEI) guidelines.
In addition, the collaboration includes feasibility studies to establish a sustainable aviation fuel (SAF) production facility, catering to the aviation sector’s growing need for eco-friendly solutions. The parties also plan to supply biodiesel to vessels in specific ports, supporting sustainable maritime transport and reinforcing the UAE’s role as a global logistics hub.
Masdar and Endesa have finalised a partnership to advance renewable energy projects in Europe. (Image source: Masdar)
Masdar strengthens Iberian presence with Endesa partnership
Masdar has acquired Saeta Yield from Brookfield Renewable Partners for an enterprise value of approximately US$1.3bn and an equity value of around US$751mn.
In addition, Masdar and Endesa have finalised a partnership to advance renewable energy projects in Europe. As part of this agreement, Masdar has purchased a 49.99% stake in EGPE Solar for an enterprise value of about US$885mn and an equity value of approximately US$303mn.
EGPE Solar, a subsidiary of Enel Group’s Endesa, manages a 2-gigawatt portfolio of operational photovoltaic (PV) assets in Spain.
Saeta’s portfolio comprises 745 megawatts (MW) of primarily wind energy assets, including 538MW in Spain, 144MW in Portugal, and 63MW of solar PV assets in Spain, alongside a 1.6-gigawatt development pipeline.
The transaction excludes a regulated 350MW concentrated solar power portfolio, which Brookfield will retain and continue to manage.
The agreement grants Masdar a significant stake in EGPE Solar, while Enel remains responsible for the company’s operations and assets. This collaboration involves long-term power purchase agreements (PPAs), enabling Endesa, through a subsidiary, to procure 100% of the energy generated by the photovoltaic projects. The partnership also includes plans to integrate 0.5GW of battery energy storage systems (BESS) into the portfolio, aligning with strategic goals for renewable energy expansion.
Mohamed Jameel Al Ramahi, CEO of Masdar, said, “These landmark acquisitions build on Masdar’s strong growth story and reinforces its credentials as a trusted global partner for governments, investors and communities, demonstrating our commitment to the EU’s wider Net Zero by 2050 strategy. The acquisition of Saeta, as well as our partnership with Endesa, is a strong vote of confidence in Spain and Portugal where we will work to unlock new capacity as Masdar targets a global capacity of 100GW by 2030.”
HANNOVER MESSE
Venue:
Hannover
Dates:
17-21 April 2023
Website:
https://www.hannovermesse.de/en/
