Daily Archives: September 12, 2023

Business & Investments

Dubai Solidifies Its Maritime Stature: DIAC to Host ICMA XXII

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Dubai Solidifies Its Maritime Stature: DIAC to Host ICMA XXII

Dubai, 7th September 2023: The Dubai International Arbitration Centre (DIAC) proudly unveiled its role as host for the prestigious 22nd International Congress for Maritime Arbitrators (ICMA XXII) from 5th to 10th November 2023, marking a momentous first for the Middle East.

Since its inception in 1972, ICMA has served as a central platform for maritime arbitrators and global shipping sector leaders. Dubai’s selection as the venue underlines its growing importance in the maritime domain.

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Business & Investments

Bafleh Jewellery Celebrates Milestone Achievement with the Arrival of the First CEPA Parcel from Indonesia to Dubai

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Dubai, 12th September 2023

Bafleh Jewellery LLC, a prominent player in the gems and jewelry industry, is delighted to announce the reception of its inaugural shipment under the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Indonesia. CEPA has made an indelible mark on trade relations between these two nations, driving impressive growth in bilateral trade.

On his part, H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, expressed his delight at receiving the inaugural commercial shipment from Indonesia to Dubai as part of the CEPA between the UAE and Indonesia.

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Technologies

Gartner Forecasts 15 Million Electric Cars Will Be Shipped in 2023

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Gartner Forecasts 15 Million Electric Cars Will Be Shipped in 2023

  • Electric Car Shipments to Total 17.9 Million Units in 2024.
  • By 2027, BEV Prices to Reach Parity with ICE Vehicles of Similar Size and Configuration.
  • By 2030, More Than Half of All Vehicle Models That an Automaker Markets Will Be Electric Vehicles.
Jonathan Davenport

Dubai, UAE., September 12, 2023 — Nearly 15 million electric cars (battery electric and plug-in hybrid) are expected to be shipped worldwide in 2023, according to the latest forecast by Gartner, Inc. Shipments of electric cars are estimated to increase 19% in 2024, to total 17.9 million units.

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Technologies

Huawei and MTC Forge Dynamic Partnership and Launch eKit SOHO Products in UAE

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Huawei and MTC Forge Dynamic Partnership and Launch eKit SOHO Products in UAE

[12 September 2023, Dubai, UAE] — Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices has embarked on a transformative journey of connectivity in collaboration with MTC, unveiling the revolutionary eKit SOHO (Small office/Home office) Products to the UAE market supported by Huawei eKit platform. The event happened at H Hotel, Dubai under the theme of “Grow Together, Win the Future”, where more than 120 partners joined to set the stage for a new era of connectivity solutions designed to empower businesses and individuals alike.

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Business & Investments

Zayed Sustainability Prize Announces 33 Finalists Advancing Global Sustainability Initiatives

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Zayed Sustainability Prize Announces 33 Finalists Advancing Global Sustainability Initiatives

  • 33 finalists selected from 5,213 submissions across 163 countries
  • Finalists are championing impactful climate action and supporting clean energy, water, food, and healthcare access

12 September 2023: Abu Dhabi, UAE: The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year’s finalists following a deliberation by its esteemed Jury.

The winners will be announced at the Zayed Sustainability Prize Awards Ceremony on 1 December during COP28 UAE, the 28th Conference of the Parties of the UN Framework Convention on Climate Change, to be held from 30 November to 12 December.

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