Latest news with #PCFC
Mid East Info
5 days ago
- Business
- Mid East Info
PCFC Wins 'Government Legal Team of the Year 2025' Award in the Middle East - Middle East Business News and Information
Al Neyadi: The LexisNexis Award reinforces the PCFC position as a leading government entity in the legal field The Ports, Customs and Free Zone Corporation (PCFC) has won the 'Government Legal Team of the Year 2025 ' award at the LexisNexis Middle East Legal Awards, one of the most prestigious legal honors in the region. The award recognizes outstanding legal achievements across the Middle East. The Corporation's Legal Affairs Department received this award in recognition of its exceptional professional performance and its pivotal role in enhancing the legal framework within the Corporation and its affiliated entities. The Department's commitment to the highest standards of governance, transparency, and innovation in legal work was a key factor in securing the award. Commenting on this achievement , H.E. Nasser Al Neyadi, CEO of the Ports, Customs, Free Zone Corpration expressed his pride, saying: 'our Corporation in fostering a progressive legislative and regulatory environment. We believe in the strategic importance of the legal field in achieving sustainable development goals, and we are committed to continuously enhancing our teams' capabilities through ongoing development and specialized training'. He added: 'Legal excellence is not merely a goal but a cornerstone that enables us to build an attractive and reliable investment environment. This supports Dubai's future vision of becoming a knowledge-based economy. We remain committed to strengthening our legal system in line with international best practices, reflecting our unwavering dedication to good governance and transparency'. On his part, Dr. Hamad Al Hosani, Director of the Legal Affairs Department at PCFC — who received the award on behalf of the PCFC at the ceremony held in Dubai in the presence of leading legal professionals from across the Middle East, said: 'This recognition is a major incentive for us to continue delivering innovative legal solutions that support the Corporation's strategic goals and contribute to achieving Dubai's future vision'. Al Hosani added: 'We take pride in this achievement, which reflects our team spirit and the culture of excellence we strive to promote. We look forward to more future successes in supporting impactful legal initiatives and making strategic decisions that enhance the Corporation's standing both locally and regionally'.
Hi Dubai
5 days ago
- Business
- Hi Dubai
Dubai Government Communication Network Strengthens Strategic Collaboration
Dubai's General Network for Government Communication (GNGC) reaffirmed its commitment to unified, strategic messaging across the emirate's government entities during its quarterly meeting held at the Ports, Customs, and Free Zone Corporation (PCFC). Hosted at PCFC's newly inaugurated headquarters in Port Rashid, the meeting brought together key government communication leaders to strengthen collaboration and align efforts in promoting Dubai's global standing. Attendees included Sultan bin Sulayem, Chairman of PCFC; Nasser Al Neyadi, CEO of PCFC; and Sabah Salem Al Shamsi, Acting Assistant Secretary General for Government Communication and General Secretariat Affairs. In his address, Sultan bin Sulayem highlighted the critical role of government communication in advancing the Dubai Economic Agenda (D33). He underscored PCFC's dedication to driving innovation and sustainability in trade and logistics while supporting Dubai's positioning as a world-leading business hub. Sabah Al Shamsi praised the choice of venue, noting Port Rashid's symbolic significance in Dubai's rise as a global trade center. He emphasized the need for integrated government communication to reflect Dubai's ambition and engage communities in shaping its future. The session featured strategic presentations from various entities. PCFC's Hind Shaker outlined initiatives enhancing corporate identity and visibility, while Hessa Al Hashmi of the Dubai Civil Aviation Authority unveiled a refreshed brand identity linking heritage with future growth. Fatima Alawi from Expo City Dubai detailed preparations for the Asia-Pacific Cities Summit and Mayors' Forum 2025 — the event's first appearance in the Middle East. The meeting concluded with a shared commitment to cohesive messaging, integrated communication strategies, and impactful storytelling to elevate Dubai's narrative on the global stage. News Source: Emirates News Agency
Trade Arabia
04-06-2025
- Business
- Trade Arabia
Ghana, UAE sign $1bn Accra innovation hub deal
Ghana is set to benefit immensely from a newly signed $1 billion deal with the United Arab Emirates (UAE) to build a cutting-edge innovation hub in Accra, solidifying its ambitions to lead Africa's digital transformation. The agreement, formalised through a memorandum of understanding (MoU) between Ghana's Ministry of Communication, Digital Technology and Innovation and the UAE's Ports, Customs and Free Zone Corporation (PCFC), marks a significant milestone in Ghana's push to become a continental AI hub. Fully funded by PCFC, the innovation hub will span 25 sq km in Ningo Prampram, Greater Accra. Construction is expected to begin in 2026 and be completed by the end of 2027. Ghana will provide the land, while PCFC brings the capital, technology, and global partnerships. Sam George, Ghana's Minister of Communication, Digital Technology and Innovation, signed on behalf of the government, while Sultan Ahmed Bin Sulayem, Group Chairman of PCFC, represented the UAE. According to George, the initiative reflects President Mahama's vision of transforming Ghana into Africa's next artificial intelligence nerve centre through the 'One Million Coders' programme. 'As you train a million coders, you need to have jobs for these coders, and that is where PCFC comes in,' he said. 'Having the innovation hub built in Ghana, PCFC will come along with the over 11,000 companies that are under their umbrella in the UAE to have a Ghanaian presence.' PCFC is instrumental in the digital transformation of Dubai and currently operates over 11 innovation hubs in collaboration with global tech giants like Microsoft, Oracle, and IBM. With no current footprint in Africa, Ghana's strategic location and skilled youth population made it a natural choice for PCFC's first continental hub. 'Ghana, being the gateway to Africa, reached out to the company to establish the hub,' George added. 'The facility will attract all the big top tech companies in Ghana. So our Business Process Outsourcing, Knowledge Process Outsourcing, AI Engineering, and all the new emerging technology fields will be positioned here in Africa.' He emphasised that the hub would prioritise local talent, employing Ghanaians trained through the coders programme rather than importing foreign skillsets. Bin Sulayem underscored the broader significance of the project: 'The wealth of a country relied on its new ideas or innovation to advance the needed growth for sustainable development.' He reiterated PCFC's long-term commitment to Ghana, promising that the partnership would not only boost technological capacity but also generate thousands of jobs.
Business Insider
03-06-2025
- Business
- Business Insider
Ghana, UAE sign $1bn deal to build AI and tech hub hosting Microsoft, Meta, others
Ghana and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to establish a technology and innovation hub aimed at accelerating Ghana's digital transformation and positioning the country as a regional leader in artificial intelligence (AI) and emerging technologies. Ghana and the UAE have jointly established a plan for the 'Ghana-UAE Innovations and Technology Hub.' This initiative aims to foster digital transformation in Ghana and position it as a leader in AI and emerging technologies. Major global tech companies, such as Microsoft and Alphabet, are expected to engage in this expansive project. Ghana and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to establish a technology and innovation hub aimed at accelerating Ghana's digital transformation and positioning the country as a regional leader in artificial intelligence (AI) and emerging technologies. The agreement was signed by Ghana's Minister of Communication, Digital Technology and Innovations, Samuel Nartey George, and the Chairman of the UAE's Ports, Customs and Free Zone Corporation (PCFC), Sultan Ahmed Bin Sulayem. Ghana's growing tech reputation The initiative, named the 'Ghana-UAE Innovations and Technology Hub,' is expected to attract over 11,000 global technology firms, including global tech giants like Microsoft, Meta, Oracle, IBM, and Alphabet seeking to expand their presence in the country and across the continent. The companies under the PCFC umbrella will serve as a regional base for AI engineering, business process outsourcing (BPO), knowledge process outsourcing (KPO), and data generation for Africa-focused machine learning. The PCFC will fully fund the first phase of the project in collaboration with leading AI firms involved in Dubai's AI transformation. This phase will include the development of a 25 square kilometre (Km2) site in Ningo-Prampram with the government providing the land for the initiative. Ghana has earned a growing reputation as one of Africa's emerging tech hubs, driven by proactive government policies, vibrant startup activity, and increasing international interest. In April 2019, Google opened Africa's first centre for artificial intelligence (AI), in Accra, Ghana.
Gulf Today
02-06-2025
- Business
- Gulf Today
PCFC and Ghana to establish economic zone, digital incubator
The Ports, Customs and Free Zone Corporation (PCFC) and Government of Ghana have signed a landmark Memorandum of Understanding (MoU) to establish Ghana's first economic zone and digital incubator in Accra. The initiative aims to accelerate the country's transformation into a regional technology powerhouse, attracting investment into West Africa. The MoU was signed by Sultan Ahmed Bin Sulayem, Chairman of PCFC, and Samuel Nartey George, Ghana's Minister for Communication, Digital Technology and Innovation. Under the agreement, a 25 square kilometre area in Accra will be allocated to PCFC for the development of the economic zone. PCFC will lead the zone's operations and attract global technology firms, facilitating investment and business expansion. The MoU also includes joint efforts to establish digital infrastructure and property development within the zone. Sultan Ahmed Bin Sulayem affirmed that PCFC's commitment to supporting the UAE's global outreach and sharing Dubai's pioneering experience in innovation and economic development. 'This initiative underscores our strategic relationships worldwide and reinforces PCFC's role as a key contributor to Dubai's knowledge and innovation-based economy. We are focused on launching cutting-edge projects that promote sustainable growth, invest in human capital and advanced technology, to cement Dubai's status as a global hub for smart technologies and digital transformation.'' He also expressed his appreciation for the Government of Ghana's trust in PCFC's expertise and its warm reception of the initiative. 'This smart economic zone, combining innovation, technology, and logistics, will foster commercial growth and strengthen Ghana's industrial and technological infrastructure.'' Samuel Nartey George stated that the partnership will significantly bolster Ghana's economic position, transforming it into a regional technology hub in Africa. 'This initiative aligns with Ghana's vision for digital transformation and sustainable economic growth. The zone will play a pivotal role in attracting global businesses and talent, positioning Accra as a destination of choice on the international stage.' In February, The Ports, Customs and Free Zone Corporation, and Cordiant Capital, a global investor in infrastructure and real assets, signed a Memorandum of Understanding (MoU) to advance their strategic collaboration to strengthen Dubai's agriculture value chain and bolster its food security initiatives. Under the terms of the MoU, both parties will work together to explore opportunities to optimise end-to-end agricultural value chains from origin-producing countries to Dubai through infrastructure investments, strategic trade corridors, and supply chain solutions. The MoU was signed by Sultan Ahmed Bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation and Cédric Garnier-Landurie, Partner and Head of Agriculture Value Chain at Cordiant Capital, in a ceremony held at the World Governments Summit 2025 in Dubai. This partnership reinforces PCFC's commitment to developing innovative logistics and supply chain solutions aligned with Dubai's long-term vision for sustainable food security. The collaboration between PCFC and Cordiant Capital paves the way for the two parties to cooperate in: Building Next-Generation Cold Chain Networks: Implementing advanced cold-chain logistics systems that will maintain optimal freshness from farm to table, dramatically reducing food waste while ensuring consistent quality of perishable goods. Enhancing Dubai's Position as a Fresh Food Hub: Supporting Dubai's goal of becoming a global hub for fresh food distribution by leveraging PCFC's logistical capabilities and Cordiant's investment expertise in agriculture supply chains. Strategic Trade Corridors: Strengthening efficient, digitally enabled trade routes that optimize the movement of agricultural products while reducing transportation costs and environmental impact. Advancing National Food Security: Supporting Dubai's vision of becoming a leader in food security by investing in sustainable agricultural practices and cutting-edge supply chain solutions. Technology and Innovation: Deploying advanced technologies including IoT sensors, AI-powered analytics, and blockchain-enabled tracking systems to create unprecedented visibility and efficiency across the entire supply chain. These initiatives will support Dubai's ambitious food security strategy, which aims to enhance the emirate's agricultural self-sufficiency and diversify its food sources. The partnership leverages PCFC's unparalleled logistics expertise and Cordiant Capital's agricultural and infrastructure investment expertise to support fresh food supply chains in key markets. WAM
