Category: Business

  • Sanjay Kumar Unveils ICCA Global Summit 2027 Curtain Raiser at Hitex, Positions Telangana as Global Packaging Hub

    Mr Sanjay Kumar seen addressing

    Hyderabad, Feb 18: Sanjay Kumar, Special Chief Secretary to the Government of Telangana, graced the curtain raiser programme of the forthcoming global event, the ICCA Global Summit 2027, held at Hitex on Wednesday evening.

    Addressing the gathering, he said it was a matter of great pride that the ICCA Global Summit 2027 would be held in Hyderabad for the first time in the 64-year history of the global corrugated packaging body. He noted that this milestone would place Telangana firmly on the global industrial map and reflect Hyderabad’s rising stature as an international industrial hub.

    Speaking on the occasion, Mr Sanjay Kumar said he was amazed to learn about the versatility of corrugated packaging material, including its use in making makeshift hospital beds capable of supporting multiple adults. He referred to the innovative use of corrugated cardboard beds at the 2020 Summer Olympics held in Tokyo, where athletes were accommodated on sturdy corrugated cardboard frames at the Olympic Village. He also expressed surprise at seeing artefacts such as a statue of Mahatma Gandhi crafted entirely from corrugated packaging material.

    Mr Sanjay Kumar seen being presented a photo frame made out of corrugated boards

    “Corrugated packaging is not just a box — it is the backbone of modern supply chains. From farm produce and pharmaceuticals to e-commerce and electronics, corrugated packaging ensures products reach consumers safely, efficiently, and sustainably. Its strength-to-weight ratio, recyclability, and cost-effectiveness make it indispensable in today’s fast-moving economy,” he said. Emphasising sustainability, he added that corrugated packaging is biodegradable, largely made from renewable resources, and highly recyclable. “Every used carton can be converted back into paper and reintroduced into the value chain. That is true environmental responsibility in action,” he remarked.

    He further stated that the corrugated packaging sector supports thousands of MSMEs, generates significant employment, and drives innovation in automation and design. As global trade expands and e-commerce accelerates, he observed, the importance of corrugated packaging will continue to grow. “It is not merely a packaging material — it is a strategic industry that powers economic growth while protecting the planet.” He assured full support from the Telangana Government and said the state would look forward to tangible outcomes from the summit, including new industrial investments.

    Mahatma Gandhi made from Corrugated Packaging Material

    ML Agarwal, Chairman of Central India Packaging and Chairman of the ICCA Board of Directors — the first Indian to hold this prestigious position in ICCA’s 64-year history — said corrugated packaging offers endless possibilities for innovation, sustainability, and growth. He noted that Hyderabad hosting the summit was the result of collective efforts by industry leadership.

    Ankit Agarwal, Managing Director of Central India Packaging, India Director on the ICCA Board, and President-Elect of FCBM, said their coordinated efforts had been instrumental in securing Hyderabad as the host city for the ICCA Global Summit 2027, scheduled to be held from January 11 to 13, 2027.

    Eleni Despotou, Chief Executive Officer of the International Corrugated Case Association (ICCA), said that whenever sustainability is discussed, corrugated packaging is the first material that comes to mind. She highlighted that corrugated packaging is approximately 95 percent recyclable and among the most recyclable packaging materials globally. Describing her visit as her second to India and first to Hyderabad, she said she was delighted to be in the country and impressed by its industry growth.\

    The speakers announced that Hyderabad will host three major corrugated packaging industry events in January 2027: the ICCA Global Summit 2027, the FCBM CorruPack Summit 2027 representing over 3,000 manufacturers with industry sales exceeding US$ 8.9 billion, and the CorruPack International Expo 2027, a global exhibition expected to feature more than 250 exhibitors, 1,500 delegates, and 300 international industry leaders. These events will position Hyderabad as a global hub for eco-friendly packaging innovation.

    India’s corrugated packaging industry, currently valued at approximately ₹90,000 crore, is among the fastest-growing in the world. The global corrugated packaging market, valued at USD 170.96 billion in 2024, is projected to reach USD 179.5 billion in 2025, growing at a CAGR of 5.1 percent through 2030. India is expected to be a key growth driver, with the domestic market projected to expand from USD 7.8 billion to USD 18.6 billion by 2033 at a CAGR of 9.6 percent, driven by e-commerce, FMCG, food, pharmaceutical, electronics, and organised retail sectors.

    Over 250 industry veterans attended the curtain raiser event. The organisers showcased artefacts made from corrugated packaging material, including the podium used for the function and a specially designed photo frame presented to the Chief Guest, demonstrating the creativity and strength of corrugated board applications.

  • Gurugram Rentals Stay Resilient Despite Rent Dip in OND’25

    New Delhi, Feb 18: Gurugram’s rental market reflected a demand-driven trend during the October–December 2025 quarter, even as rents witnessed a sequential decline, according to the latest Rental Index by Magicbricks.

    During OND ’25, rental demand in Gurugram increased by 3.6% quarter-on-quarter and 13.1% year-on-year underscoring sustained tenant interest across key micro-markets. In contrast, rental supply remained relatively stable, declining marginally by 0.6% QoQ, while recording a 7.5% YoY increase, indicating measured additions to available inventory.

    Demand trends reveal a clear preference for compact housing. 1 and 2 BHK units together accounted for 75% of total rental demand, reflecting affordability-led choices by professionals and nuclear families. However, supply remains skewed toward larger configurations, with 3 BHK units comprising 52% of total listings, highlighting a structural demand–supply imbalance.

    From a budget perspective, 44% of rental demand in Gurugram was concentrated in the INR 10,000–20,000 range. In contrast, supply was significantly tilted toward premium homes, with 36% of listings priced between INR 50,000 and 1 lakh per month, underscoring a clear affordability mismatch.

    Gurugram continues to benefit from its strong corporate presence, infrastructure upgrades, and connectivity enhancements. While rents have softened in the short term, rising demand indicates underlying resilience. The current phase reflects recalibration rather than slowdown, with demand firmly anchored in compact, mid-segment housing even as supply remains weighted toward larger, premium configurations.

    The OND’25 data suggests that future rental momentum in Gurugram will hinge on better alignment between affordable housing demand and available inventory.

    Magicbricks is India’s No.1 property site

    As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. Magicbricks has metamorphosed into a full stack service provider for all real estate needs, with services including home loans, interiors, and expert advice.

    With 17+ years of experience and deep research-based knowledge, Magicbricks also presents a repertoire of insight-driven platforms like MBTV—India’s leading online real estate YouTube channel—and other proprietary tools so that home buyers can access all information related to price trends, forecasts, and locality reviews.

  • Ambuja Cements inaugurates STEM Lab to promote experiential learning

    New Delhi, Feb 18: Ambuja Cements, the 9th largest building materials solutions provider globally and part of the diversified Adani Portfolio, as part of its CSR, inaugurated a STEM (Science, Technology, Engineering and Mathematics) Lab at the Ambuja Cements supported Zilla Parishad Primary School in Upparwahi, Chandrapur. The event was held in the presence of Block Education Officer Mr. Kalyan Jogdan, school and Panchayat representatives, and Ambuja Cements staff.

    During the event, students demonstrated various models developed in the newly established STEM Lab, reflecting experiential learning and scientific curiosity. The presentations impressed the Chief Guest, who interacted with the students, appreciated their efforts, encouraged them to continue exploring science and technology, and distributed chocolates as a token of appreciation.

    Ambuja Cements’ continued CSR support for education initiatives, has encouraged the school to aim for state-level recognition. The school administration has also secured first place in the State Government’s Mazi Shala drive and winning a prize of ₹11 lakh.

    The Block Education Officer acknowledged Ambuja Cement’s consistent support in strengthening infrastructure and enhancing the quality of education across Upparwahi and surrounding areas. The programme also featured an interaction session where student Ms. Nisha Kanarkar interviewed the Chief Guest, who responded enthusiastically. Along with the STEM Lab, a cement concrete road was also inaugurated, contributing to improved local infrastructure.

  • Timely delivery the key for developers in face of rising Dubai construction costs

    Century Tower completes handovers two months ahead of schedule in Business Bay as wider delay threat looms

     

    Dubai, UAE, Feb 18: With rising construction costs reshaping the economics of Dubai’s real estate market, a project in Business Bay has shown that timely delivery remains the most powerful asset for developers.

     

    Century Tower, a 23-floor residential building comprising 210 units, has completed handovers two months ahead of schedule, a rarity in today’s property sector.

     

    Developed by AMBS Real Estate Development, with sales led by fäm Properties as master agent, the project is a reminder that finishing projects on or ahead of schedule can make all the difference in an increasingly competitive real estate landscape.

     

    Firas Al Msaddi, CEO of fäm Properties, says the message to developers across Dubai is that, regardless of how well a project sells on launch, the priory is to start construction immediately.

     

    “Developers who have launched projects, whether fully sold or partially sold, must recognise that the market pricing they relied on two or three years ago, or even one year ago, is no longer relevant. Construction costs have increased and are still rising,” said Al Msaddi.

     

    “The longer that construction is delayed, the higher the cost the developer has to absorb, and the primary driver, inflation, is forecast to continue rising over the coming years. Developers must do their homework, select proven contractors, secure materials early, and build realistic timelines into their financial models from day one.”

     

    A Turner & Townsend report revealed a notable 2025 increase in the price of construction materials, which now amount to around 60% of construction baseline costs in the UAE.

     

    Concrete, MEP, plastics, timber and structural steel prices are forecast to rise again this year, while supply chain issues continue to compound delays. Developers are increasingly buying materials in bulk to reduce lead times and limit cost exposure.

     

    Off-plan demand remains dominant in Dubai real estate. Data from DXBinteract showed that first sales from developers accounted for 12,106 transactions totalling AED52B in January, compared with 5,362 resales valued at AED 20.5B.

     

    But the pressure is on developers to match demand with delivery. Investors and end users attracted by quality construction and design are more focused than ever on how soon their income-generating assets, or homes, will go from off-plan to ready.

     

    In the case of Century Tower, more than 90% of the apartments were sold on the launch day in June 2024. By then, unlike typical off-plan projects that go to market before construction starts, building work was already well advanced.

     

    “This response to property launches has generally become much more considered in recent years, as investors and end users take more time and care to analyse projects, and do their own market research,” said Al Msaddi.

     

    “Buyers look beyond the marketing renders and location promises. They want to see that the developer has a trusted reputation for quality construction and timely delivery. This is another sign of market maturity. Early completions help alleviate common concerns about off-plan projects, and reinforce buyer confidence in those who deliver on their promises.”

     

    Century Tower was designed to meet a gap in the market for uniquely crafted residences in Business Bay’s Golden Triangle. The building’s design, layout and specifications were the result of in-depth market research and analysis by fäm Properties to match investor and buyer needs.

  • Garmin Partners with Giant Bicycles India to Strengthen India’s Performance Cycling Ecosystem

    New Delhi, Feb 18: Garmin, a global leader in GPS-enabled wearables and cycling technology, has announced a strategic retail partnership with Giant Bicycles India, one of the most respected names in the cycling ecosystem. This collaboration brings together Giant’s strong presence in India’s cycling market and Garmin’s expertise in ride tracking, navigation, endurance monitoring, and training insights. While Giant offers high-quality bicycles trusted by enthusiasts and competitive riders, Garmin provides advanced cycling computers and bundles (which have HRM with Speed and Cadence sensors), TACX indoor trainers, smartwatches, power meters, power pedals, smart bike lights with rear view radar alerts, best in class 4K ride recording cameras, performance trackers, and related accessories designed to support riders before, during, and after every ride. Together, the brands aim to make advanced performance technology more accessible to cyclists within trusted retail environments.

    As part of the initial phase, Garmin is now available at select Giant retail stores in Mumbai, Pune, and Jaipur. Customers visiting these stores can explore Garmin’s cycling ecosystem alongside Giant’s bicycle range, enabling informed purchase decisions based on both equipment and performance technology.

    Garmin’s cycling portfolio includes advanced TACX indoor trainer which compliments Giant Cycles, giving the cyclists an option to cycle indoors with same Giant Bicycle and replicate same terrains indoors and training as actual outdoor, cycling computers with bike-specific mapping and detailed performance monitoring, power meters and power pedals for deeper training analysis, smart lighting systems with rearview radar that alerts riders to approaching vehicles, 4K ride recording cameras, as well as GPS smartwatches and performance trackers that support endurance and fitness goals. By placing these products within Giant’s retail network, the partnership supports cyclists who are increasingly looking for data-driven tools to improve performance, safety, and ride planning.

    Commenting on the partnership, Mr. Deepak Raina, Director, AMIT GPS & Navigation LLP., said:

    “Data has become central to how cyclists understand and improve their performance. Access to accurate ride metrics, training insights, and navigation information helps riders make better decisions and measure real progress over time without compromising on the safety on roads by increasing situational awareness. Through our partnership with Giant Bicycles India, we are bringing reliable, data-driven technology closer to cyclists at the point where they invest in their riding journey.”

    Adding to this, Varun Bagadiya, Director, Giant Bicycles India, said: “We are pleased to partner with Garmin, a brand synonymous with precision and performance. Offering Garmin’s full product portfolio at our stores allows us to deliver a more comprehensive experience to cyclists, supporting them not just with world-class bicycles but also with advanced performance technology.”

    Cycling in India continues to see steady growth, particularly in urban markets where community riding groups, endurance events, and performance-focused training are becoming more common. Through this partnership, both brands aim to support serious cyclists, fitness-driven riders, and aspirational enthusiasts seeking dependable performance technology.

  • hubergroup Chemicals launches ELARA: tailored additives for coatings, printing inks, and more

    Feb 18: hubergroup Chemicals is expanding its portfolio with a new brand of high-performance additives: ELARA. The launch marks a significant step in the company’s evolution from a supplier of printing ink raw materials to a comprehensive partner for the coatings, inks, and adhesives industries. ELARA will make its official debut at PAINT INDIA 2026 in Mumbai, as a clearly structured additive portfolio supporting formulators in facing today’s complex technical and regulatory challenges.

    As markets demand higher performance, compliance with increasingly complex regulations, and greater sustainability, additives have become the silent enablers behind modern formulations. hubergroup Chemicals responds to this shift with ELARA – a product range that combines scientific precision with practical usability across diverse application areas.

    “With ELARA, we are taking another decisive step in our strategic transformation,” says Premal A. Desai, CEO of hubergroup. “We are expanding our horizons beyond traditional applications and positioning hubergroup Chemicals as a strong, future-oriented partner for formulators worldwide. ELARA stands for our ambition to shape chemistry responsibly while enabling our customers to innovate with confidence.”

    Additives as silent enablers of modern formulations

    Whether dispersion, wetting, process stability or surface quality – additives play a decisive role in the performance and reliability of modern coating and ink systems. With ELARA, hubergroup Chemicals consolidates its deep expertise in polymer and surface chemistry into a clearly structured, application-driven additive platform.

    The name ELARA, inspired by one of Jupiter’s moons, symbolises stability, precision, and orientation within complex systems. Each product has been developed for a clearly defined function – delivering maximum impact both individually and as part of a perfectly balanced formulation.

    A structured portfolio for defined formulation challenges

    Under the claim “Shaping chemistry. Expanding horizons.”, ELARA brings together high-performance dispersing and wetting additives tailored to the requirements of modern formulations:

    • ELARA Disperion 400: Non-aqueous dispersing agents for organic and inorganic pigments, carbon blacks, extenders, and matting agents. Designed for high pigment loading, excellent colour development, and robust process stability in solvent-based, solvent-free and UV/EB systems.
    • ELARA Disperion 500: Aqueous dispersing agents delivering high colour consistency, reproducible quality and broad binder compatibility. Suitable for VOC-free and biocide-free formulation architectures in coatings and printing inks.
    • ELARA Wetora 300: Versatile wetting agents for water-based, solvent-based, solvent-free and UV-curable systems. They improve substrate wetting, support uniform pigment incorporation and help reduce surface defects – even on challenging substrates.

    “ELARA represents a new level of system understanding,” says Franziska Trapp, Technical Marketing Manager Coatings at hubergroup Chemicals. “Each additive line is developed with the formulator’s reality in mind – balancing technical performance, regulatory compliance, and processing efficiency.”

    A portfolio shaped by chemistry and responsibility

    The ELARA range reflects hubergroup Chemicals’ deep expertise in polymer and surface chemistry. Many grades are solvent-free or VOC-reduced, aligning with global sustainability goals. At the same time, the portfolio is designed for broad compatibility across solvent-based, water-based, and UV-curable systems, giving formulators maximum design freedom and security of supply.

    Precision chemistry with a clear growth roadmap

    From the outset, ELARA is designed as a scalable additive system. A defined development roadmap includes the future introduction of defoamers, humectants and rheology modifiers. This creates a forward-looking additive platform that addresses both current and emerging industry needs. The ELARA portfolio will be available globally from March 2026. hubergroup Chemicals’ dedicated experts provide formulation guidance to optimise performance and ensure reliable implementation across diverse application areas.

  • Senco Gold & Diamonds’ launches new franchise store in Kandi, Murshidabad

    Kandi Murshidabad, Feb 17: Senco Gold & Diamonds, one of India’s largest gold and diamond jewellery retail chains, has opened its 86th franchise store in, Kandi, Murshidabad, further strengthening its presence in its home state of West Bengal.

    Spread across 2,400 sq. ft. designed to create a warm and inviting ambience for customers, the new store, located at Kandi Bus Stand, offers customers an elevated and immersive gold, diamond, platinum and silver jewellery shopping experience.

    “We are delighted to expand our presence in West Bengal with our new store in Kandi. People here have always enjoyed a deep cultural connection with precious jewellery, and we are proud to bring them Senco Gold & Diamonds’ legacy of trust, fine craftsmanship, and design innovation. Residents of Murshidabad will now get a first-hand experience of Senco’s distinctive blend of traditional artistry and modern aesthetics,”

    Joita Sen, Director, Senco Gold & Diamonds.

    From lightweight daily wear jewellery, contemporary as well as intricately handcrafted traditional designs, festive favourites, statement bridal creations as well as jewellery for men, the store showcases a range of the brand’s signature collections, reflecting Senco’s legacy of purity and design excellence. 

    “Senco Gold & Diamonds has always been known as a brand that prioritises credibility, quality and consumer trust. We are honoured to have this franchise partnership with them and display their variety of designs while showcasing the craftsmanship of their karigars at our store,”

    Mr. Md. Zakir Hussain, Franchise Partner.

    Senco Gold & Diamonds continues to expand its pan-India presence with around 200 stores nationwide, including 86 franchise stores as well as two showrooms in Dubai, reinforcing its position as a trusted jewellery brand across geographies.

  • Oberoi Mall Announces the 4th Edition of its Signature Event “The Pooch Party”

    Mumbai’s iconic Oberoi Mall is all set to host the 4th edition of its much-anticipated signature event, The Pooch Party, on Sunday, 22nd February 2026, from 4:00 PM to 9:00 PM at the West Plaza.

    After three successful editions, most recently welcoming over 80 dogs and 150+ pet parents, the much-loved event returns in collaboration with Puppy Atlas, once again creating a vibrant and dedicated space for Mumbai’s growing community of canine lovers.

    Designed as an evening of fun, bonding, and celebration, The Pooch Party promises an engaging lineup of activities for pets and their humans alike, along with a designated corner for adoptions. 

    Event Highlights Include:

    • Interactive Entertainment: Emcee-led games, an exciting canine fashion walk, and a lively dog talent hunt
    • Memorable Moments: Live caricature sessions with pets and creative DIY name-tag stations
    • Pet Retail & Welfare: Curated kiosks featuring pet brands, along with a special Adoption Corner dedicated to helping dogs find their forever homes

    With its continued focus on community engagement and inclusive experiences, Oberoi Mall remains committed to curating unique events that bring people, and their pets together.

    Event Details:

    • Date: Sunday, 22nd February 2026
    • Time: 4:00 PM – 9:00 PM
    • Venue: West Plaza, Oberoi Mall, Goregaon (East)
    • Entry: Open to all dogs and dog lovers
  • AM Group Commences Development of Gigawatt Scale AI Compute Hub in Uttar Pradesh

    Noida, Uttar Pradesh, Feb 18: AM Group, the leading energy transition platform backed by the founders of Greenko Group, which signed a Memorandum of Understanding (MoU) with Invest UP, Government of Uttar Pradesh (UP) at Davos, Switzerland on 20 January 2026 to establish a 1 GW High Performance Compute Hub, has commenced development of its mega AI project.

    AM AI Labs, an affiliate of the AM Group, was issued a letter of intent by the Yamuna Expressway Industrial Development Authority (YEIDA) today towards allocation of land parcels to establish the first two phases comprising 150 MW and 200 MW respectively of the cumulative 1 GW AI and High-Performance Computing data center in UP.

    Key features of the project:

    • Scale and speed: 350 MW compute capacity to come online by 2028 with full 1 GW online by 2030 translating into $25 billion investment and deployment of ~500,000 high performance chips.
    • Fully vertically integrated: When fully realized, the world’s first and largest fully vertically integrated AI platform, spanning owned carbon free power, data center infrastructure, high performance chips, a complete software stack, applications, and flexible consumption models from AI Pods as a Service to Tokens as a Service.
    • Unmatched energy economics: Firm and on demand carbon free energy at significantly below global rates, enabled by renewables and strategic pumped storage assets managed through an in-house intelligent cloud energy architecture.
    • Optimized from photon to token: Every layer from energy generation through data center design, liquid cooling, interconnect topology, accelerator selection, and software is engineered together, resulting in the most competitive electrons to tokens economics.
    • Global and domestic applications: Indiais the second largest AI tokens consumption market. AM AI’s domestically generated tokens for AI embedded advanced applications and frontier models would serve the domestic as well the global markets for training, inference and other advanced use cases.

    This project will be one of the largest investments in the country to date, aligned with the Indian Government’s Viksit Bharat 2047 vision. The project is expected to attract significant foreign direct investment and generate thousands of high skilled jobs, positioning Uttar Pradesh as India’s premier AI infrastructure destination.

     AMG AI Labs: Full Stack AI Platform

    AMG AI Labs has built a comprehensive platform supporting the full lifecycle of AI development from training to production inference. The end-to-end software stack encompasses provisioning, orchestration, virtualization, inference and training frameworks, security, networking, compliance, and storage. Intelligent workload scheduling routes every job to the optimal accelerator for cost, performance, and latency, maximizing utilization across the heterogeneous fleet.

    The platform’s architecture agnostic design supports GPUs and other accelerators. The leadership team brings 300+ combined years of GPU and AI stack experience from Apple, AMD, NVIDIA, Cisco, and Intel.

    Leadership Perspectives

    “This is an enormously ambitious project, and that is exactly what excites us. AM Group has done this before. In green hydrogen and ammonia, we set out to deliver the lowest cost molecules in the world, and we are doing it.

    We bring the same conviction to AI. Our goal is to deliver the lowest cost, most efficient AI tokens on the planet, powered by clean energy we own and operate. By integrating the full value chain from power generation through silicon to token delivery, we can optimize across layers in ways that no single segment player can.

    Uttar Pradesh and India deserve world class AI infrastructure, and with the support of the State Government, we are building it.”

    — Anil Chalamalasetty, Group Chairman, AM Group

     

  • AD Ports, BUA, and MAIR Groups Sign MoU on Sugar, Agro-Industry & Global Logistics

    AD Ports Group, BUA Group, and MAIR Group Sign MoU to Explore Collaboration in Sugar Refining, Agro-Industrial Development, and Integrated Global Logistics Solutions

     

    Abu Dhabi, UAE – Feb 17: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, today signed a Memorandum of Understanding (MoU) with BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, and MAIR Group (ADX: MAIR), a strategic investment company focused on grocery retail and commercial real estate in the UAE, to explore the development of integrated sugar refineries and edible oil facilities in Abu Dhabi and select international markets.

     

    The partnership aims to create a world-class food manufacturing and processing ecosystem with the ambition of establishing the region’s largest agri-food hub, serving both regional and global demand. In line with the UAE National Food Security Strategy 2051, the initiative would support economic diversification, stimulate industrial growth, and reinforce the UAE’s position as a global centre for agri-food trade and distribution.

     

    The MoU covers potential projects at Khalifa Port in Abu Dhabi, and in Africa and Latin America, leveraging Khalifa Port’s advanced infrastructure and multimodal connectivity to advance AD Ports Group’s growing global presence in the agro-industrial sector, the Group is already developing agri-bulk handling and storage infrastructure with partners in Pakistan and Kazakhstan.

     

    The MoU will also assess opportunities in grains, pulses, animal feed, agricultural commodities, and associated maritime, logistics, port, and distribution solutions.

     

    Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “This MoU reflects our ambition to expand AD Ports Group’s role across strategic agro-processing value chains and contribute to the UAE National Food Security 2051. By combining our integrated end-to-end trade and logistics capabilities, with BUA Group’s agro-industrial expertise and MAIR Group’s strategic focus on the food sector, we will explore opportunities that strengthen food supply chains, drive industrial value creation, and deepen trade ties between Africa and the UAE, in line with the vision of our wise leadership.”

     

    Abdul Samad Rabiu, Founder and Chairman of BUA Group, said: “This strategic partnership marks a major milestone in BUA’s international expansion and reflects our long-term vision of building globally competitive industrial platforms. As one of Africa’s leading conglomerates, we are proud to collaborate with AD Ports Group and MAIR Group in support of the UAE’s National Food Security Strategy 2051. Together, we aim to create a future-ready food processing ecosystem that strengthens cross-continental trade, enhances supply chain resilience, and delivers sustainable economic value for generations to come.”

     

    Nehayan Hamad Alameri, Managing Director and Group CEO of MAIR Group, said: “This partnership brings together complementary strengths across investment, industrial development, and logistics. MAIR Group’s focus on grocery retail, commercial real estate, and supply chain infrastructure positions us well to support the integration of agro-industrial and food industries. By exploring opportunities in sugar refining, edible oils, and broader food processing, we are contributing to a more integrated and resilient food ecosystem that supports national and regional food security.”