All posts by uaenews247

Business & Investments

Mastercard partners with CarbonSifr to advance climate action in MENA region

Leave a comment

Mastercard partners with CarbonSifr to advance climate action in MENA region

Dubai, UAE; 16 January 2024: Mastercard has signed a memorandum of understanding (MoU) with CarbonSifr, a UAE-based climate tech company, to explore opportunities to accelerate climate action in the MENA region. The two partners will support small and medium enterprises (SMEs) with climate awareness and carbon footprint measurement initiatives, and enable players in the broader ecosystem to embed climate action into their payment processes with local data.

The innovation-driven partnership aims to equip small businesses in the region with innovative tools to measure, reduce and compensate for their carbon footprint.

Continue reading Mastercard partners with CarbonSifr to advance climate action in MENA region →
Business & Investments

Investment Corporation of Dubai Reveals New Visual Identity

Leave a comment

Investment Corporation of Dubai Reveals New Visual Identity
 
Dubai – 16 Jan 2024 – Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, has revealed a rebrand of its visual identity incorporating a new logo.
 
Going forward, the Corporation will be known by its acronym ‘ICD’, with its visual identity reflecting its dynamism and evergreen commitment to the pursuit of growth, development, and excellence. The change further signals ICD’s preparedness to adapt to the ever evolving global investment landscape.

Continue reading Investment Corporation of Dubai Reveals New Visual Identity →
Business & Investments

Lombard Odier- How should investors navigate geopolitical risks in early 2024?

Leave a comment

How should investors navigate geopolitical risks in early 2024?
Samy Chaar, Chief Economist

Christian Abuide, Head of Asset Allocation

Key takeaways

  • Rivalry between US and China-led blocs, possible Middle East conflict escalation and a busy political calendar keep geopolitical risks elevated as we enter 2024
  • We still expect the Israel-Hamas conflict to remain largely localised. Red Sea attacks are affecting trade but should have a manageable inflationary impact. We expect oil prices to drift up towards the low-end of a USD 80-90 a barrel range, with short-lived price spikes possible in an extreme scenario
  • A global ‘decoupling’ is changing global trade and investment flows. Securing supply chains and strategic industries has become an important theme
  • We believe 2024 should be a positive year for financial markets, but remain vigilant in an uncertain geopolitical environment. Tactically, we keep portfolio risk at strategic levels, with a quality bias and a preference for US assets.
Continue reading Lombard Odier- How should investors navigate geopolitical risks in early 2024? →
Featured

Jawaher Al Qasimi visits Ahl Masr Burns Hospital & reaffirms support for Misr El Kheir Foundation

Leave a comment

During an official humanitarian tour of Egypt
Jawaher Al Qasimi visits Ahl Masr Burns Hospital & reaffirms support for Misr El Kheir Foundation

Jawaher Al Qasimi: TBHF’s initiatives in Egypt are a proof and continuation of the enduring friendship between the UAE and Egypt.

Cairo, Egypt, January 16, 2023

Her Highness Sheikha Jawaher bint Mohammad Al Qasimi, wife of His Highness the Ruler of Sharjah and Chairperson of Sharjah-based global humanitarian organisation, The Big Heart Foundation (TBHF), recently visited Egypt where HH held meetings with officials overseeing various educational, health and development institutions that work in collaboration with TBHF.

Sheikha Jawaher’s visit reaffirms Egypt’s distinguished position in the Arab renaissance and its rich cultural landscape. During her discussions with the institutions’ administrations and staff, Her Highness explored future plans necessary to develop them and increase their efficiency to better serve the Egyptian society.

Continue reading Jawaher Al Qasimi visits Ahl Masr Burns Hospital & reaffirms support for Misr El Kheir Foundation →
Business & Investments

TPAY to enable Mobile Payments for PUBG MOBILE in Egypt!

Leave a comment

TPAY to enable Mobile Payments for PUBG MOBILE in Egypt!

Dubai, UAE, Jan 16, 2024: TPAY MOBILE, META’s most reliable digital micropayments facilitator, today announces through its partnership with Tencent, the launch of Direct Carrier Billing for PUBG MOBILE in Egypt.

This launch provides gamers in Egypt to easily purchase PUBG MOBILE UC (unknown cash) through the official PUBG shop ‘Midasbuy’ and the UC they purchased is promptly added to their PUBG account.

Continue reading TPAY to enable Mobile Payments for PUBG MOBILE in Egypt! →