Daily Archives: August 19, 2024

Featured

Acclaimed survivalist, UN goodwill ambassador, and philanthropic content creator to inspire IGCF 2024 audience with their journeys

Bear Grylls, Maya Ghazal, and Zachery Dereniowski to lead inspirational talks on communication and positive impact

  • IGCF 2024 will host Bear Grylls, the mountaineer and explorer who transitioned from a life of adventure to entrepreneurship and humanitarian work.
  • Maya Ghazal is the world’s first female Syrian refugee pilot, UNHCR Goodwill Ambassador, and recipient of the Princess Diana Award.
  • Zachery Dereniowski: The inspirational figure who turned social media into platforms for spreading kindness and positivity.

Sharjah, August 19, 2024

The 13th edition of the International Government Communication Forum (IGCF 2024), organised by the Sharjah Government Media Bureau (SGMB), will bring together three inspirational speakers whose transformative visions and journeys have made a global impact. Scheduled for September 4-5 at the Expo Centre Sharjah, the event will feature inspiring talks by renowned survivalist, adventurer, and explorer, Bear Grylls; the world’s first female Syrian refugee to earn a pilot’s licence and UNHCR Goodwill Ambassador, Maya Ghazal; and humanitarian content creator celebrated for his impactful social media presence, Zachery Dereniowski, better known as MD Motivator.

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Business & Investments

Noatum Enters Egypt’s Maritime Market with the Acquisition of Safina Shipping Services

Acquisition of controlling stake in the company to expand Noatum Maritime’s presence in the Middle East region

Madrid, Spain/Cairo, Egypt – 16 August 2024: Noatum, an AD Ports Group company (ADX: ADPORTS), announced the acquisition of a majority stake in Safina B.V., a leading provider of maritime agency and cargo services in Egypt and across the Middle East region. The deal is expected to close in Q3 2024.

The acquisition by Noatum Maritime marks a significant milestone in its strategic growth as it leverages Safina’s expertise, capacity and reputation in Egypt’s maritime agency market.

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Business & Investments

Global Industry Leaders Eager to Share Insights at the New Global Sport Conference in Riyadh

  • “The New Global Sport Conference in Riyadh provides a convergence of innovation, passion, collaboration, and excellence” – Joe Marsh, CEO, T1 Entertainment & Sports.
  • “The esports and gaming world has so much potential for good, and it’s an experience, an audience, a community, and that’s what captivates and unites fans worldwide” – Maya Rogers, CEO, Tetris.
  • “We are seeing more companies recognize the importance of MENA and implement a localized strategy to succeed in the region” – Lisa Cosmas Hanson, CEO, Niko Partners

Riyadh, Saudi Arabia – August 16, 2024 — In less than two weeks, the New Global Sport Conference 2024 (NGSC), themed ‘The Future of Fandom’ will host more than 60 global speakers and over 750 global delegates from leading industries such as gaming, esports, technology, sports, entertainment, business and investment, and many more on August 24-25 in Riyadh, Saudi Arabia.

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Featured

World Humanitarian Day… A celebration or a Eulogy?

Opinion Piece by Mariam Al Hammadi, Director General of The Big Heart Foundation

Sharjah, August 18, 2024

In the aftermath of the Canal Hotel attack in Baghdad, where 22 humanitarian workers, including the Special Representative of the UN Secretary-General in Iraq, tragically lost their lives, the UN General Assembly designated August 19 as World Humanitarian Day. It honours those who have sacrificed in the service of humanity and underscores the critical need for enhanced protection and legal safeguards for humanitarian workers. Despite these efforts, the escalating number of casualties among humanitarian personnel has reached a critical threshold, necessitating an urgent and resolute international response.

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Business & Investments

Cautious Market Outlook for The Year-end:Forex.com

How Rising Geopolitical Tensions & the Unwinding Yen Carry Trade Are Impacting UAE Equities & CBUAE Decisions

Dubai, 19 August 2024- After the yen carry trade triggered a spike in the VIX index, global equities, including those in the UAE, rebounded significantly. This recovery came in line with the positive expectations of a 25 basis points rate cut by the Federal Reserve in September.

Recent U.S. inflation data shows a slight uptick in the core Consumer Price Index (CPI) month-over-month from 0.1% to 0.2%, with the overall monthly CPI also increasing from -0.1% to 0.2%. This rise, driven by higher services inflation, suggests a 25-bps rate cut is more likely in September than a 50-bps cut. Meanwhile, the annual CPI decreased from 3% to 2.9%, revisiting 2021 levels. These developments have strengthened expectations for a rate cut by both the Fed and the Central Bank of the UAE (CBUAE).

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