Daily Archives: November 28, 2023

Business & Investments

Food consumption in the GCC to grow at a steady pace, says Alpen Capital

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Food consumption in the GCC to grow at a steady pace, says Alpen Capital

Dubai – November 28th 2023: UAE-based investment banking advisory firm, Alpen Capital, projects the food consumption in the region to grow at a CAGR of 2.8% to reach 56.2 million MT by 2027 in its latest GCC Food Industry report. The vegetables food category is expected to surpass the growth rates of the meat and cereals categories in the coming years.   

Released on Tuesday, November 28th, the report provides a comprehensive overview of the GCC food sector and outlines the sector’s recent trends, growth drivers and challenges. It also profiles some of the renowned food companies in the region. 

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Business & Investments

MENA Effie Awards’ 14th Edition Crowns its Dazzling Victors

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MENA Effie Awards’ 14th Edition Crowns its Dazzling Victors

Hosted at the iconic Armani Hotel, Burj Khalifa, the awards gala honored the epitome of excellence in effective work across the MENA region.

Dubai, UAE, 28th November 2023: The 14th edition of the MENA Effie Awards announced its winners for 2023 at the annual awards gala hosted at the exquisite Armani Hotel, Burj Khalifa. The Oscars-themed ceremony welcomed over 1200 marketing, advertising, and communications professionals revealing more than 75 winners across 46 categories from a competitive pool of 850+ entries. The jury presented 150 professionals from MENA’s marketing and advertising sector, who went through strenuous rounds of examining all entries and put in immense dedication, time, and effort to help select this year’s superstars of marketing effectiveness.

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Education

India International School, Sharjah, leaves a mark in history with ‘The Largest Human Image of The Planet Earth’

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Redefining excellence: India International School, Sharjah, leaves a mark in history with ‘The Largest Human Image of The Planet Earth’

In a majestic spectacle of unity, India International School, Sharjah, skillfully crafted its 7th Guinness World Records™ title on November 28, 2023, forming “The Largest Human Image of The Planet Earth.” The collaborative effort of 6097 students and staff from 15 nationalities resonated with the theme, “Sustainability begins with us, Our Earth, Our Responsibility, Together for world peace.” This remarkable achievement marked the pinnacle of the Year of Sustainability, guided by the visionary leadership of the UAE.

This monumental feat danced in harmony with the celebration of the 52nd UAE National Day, a symphony paying tribute to the nation and its foresighted leaders. Spearheaded by the PACE Group under the enduring legacy of late Dr. P. A. Ibrahim Haji, the accomplishment harmonized with the UAE’s 2023 theme, “Today for Tomorrow,” affirming an unwavering commitment to environmental stewardship.

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Technologies

Fuse Unveils $10 Million Grants Program to Power Web3 Innovation

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Fuse Unveils $10 Million Grants Program to Power Web3 Innovation

Empowering Businesses Globally to Simplify Web3 Payments

Lagos, Nigeria: 22, November 2023 – Fuse Network, a trailblazer in Web3 payment infrastructure, recently unveiled its pioneering $10 million Web3 Business Grant Program, designed to support global businesses by providing essential funding and infrastructure for streamlined access to Web3 payment systems. This initiative aims to empower businesses worldwide, simplifying the complexities associated with Web3 payment infrastructure development. Fuse Network aims to facilitate innovation by eliminating barriers and facilitating easier access to streamlined Web3 payment solutions.

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Business & Investments

UAE Banks Federation organises webinar on corporate tax

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UAE Banks Federation organises webinar on corporate tax

Abu Dhabi, UAE – 28 November: 2023

UAE Banks Federation (UBF), the representative and unified voice of banks in the UAE, organised a webinar on corporate tax in the UAE recently as part of efforts to enable the exchange of views and experiences in order to develop the banking sector in the country further and strengthen the UAE’s position as a leading financial and banking centre.

In his opening speech at the Corporate Tax Webinar, Mr. Jamal Saleh, Director General of UBF, said: “The corporate tax system in the UAE is one of the most advanced tax systems, as it is based on research and studies of international best practices, compliant with highest regulatory standards and frameworks based on principles of governance and transparency, as well as discussions and consultations with stakeholders and companies operating in various vital sectors to ensure its compatibility with the UAE’s advantages as a financial, banking and commercial centre.”

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