Category Archives: Business & Investments

Business & Investments, Travel & Tourism

Wellness, nature and food drive 2025 travel trends in EEMEA, according to Mastercard Economics Institute

  • Hurghada and Sharm El-Sheikh in top 15 trending destinations for global travelers this summer[1]
  • Jeddah and Riyadh have seen a rise in passenger traffic in 2024 compared to 2019
  • Istanbul tops the list of globalized foodie cities, which also features Doha, Dubai, Marrakech and Cape Town
  • South Africa and Zambia dominate cross-border spending within national park areas, Namibia leads wellness travel, and Kenya is a fast-growing contender

Dubai, UAE; 13 May 2025: The Mastercard Economics Institute (MEI) today released Travel Trends 2025, its annual report with unique and proprietary consumer spending insights globally. While exchange rates and geopolitical dynamics can influence consumer behavior, the report highlights that passions and purpose-driven motivations remain strong drivers shaping the travel industry.

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Business & Investments

Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship

• 300+ startup registrations lead to selection of Top 30 semi-finalists in 4th edition of Eureka! GCC
• Finalists to compete for prizes worth $100,000 at Grand Finale, 28-29 May 2025, Al Habtoor City Hotel Collection, Dubai

26th May 2025, Dubai (UAE) – Eureka! GCC, Asia’s leading business model competition, returns to Dubai this year with a bigger platform and broader ambitions to champion the Gulf’s most promising startup ventures.

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Business & Investments

tpay appoints Marouane Bakhtar as Chief Operating Officer

Dubai, May 26, 2025 – tpay, the leading payment connector, has appointed Marouane Bakhtar as Chief Operating Officer (COO). In this pivotal role, Marouane will oversee and manage day-to-day operations, including engineering and commercial functions, ensuring operational excellence and alignment with the company’s strategic objectives.

He will collaborate closely with the executive leadership team to drive growth, enhance efficiency, and support the execution of tpay’s long-term vision.

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Business & Investments

Ministry of Economy participates in 4th ‘Make it in the Emirates’ Forum to promote innovation and industrial sustainability

Ministry showcases its Green IP and industrial innovation projects, strengthening engagement with the private sector

Abu Dhabi, May 23, 2025:

The Ministry of Economy participated in the fourth edition of the ‘Make it in the Emirates’ Forum, in the presence of H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. Organized by the Ministry of Industry and Advanced Technology, the event took place recently at ADNEC Centre, Abu Dhabi, under the theme ‘Advanced Industries. Accelerated.’ The forum seeks to foster innovation, boost economic diversification and industrial sustainability, and position the UAE as a global destination for future industries, while also encouraging investors, innovators, and project developers to localize manufacturing.

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Business & Investments

PCFC Launches QE2 Hospitality Academy as a Groundbreaking Step Toward Excellence in Dubai’s Tourism and Hospitality Sector

Graduation of 15 Students from the First Cohort and Enrollment of 39 New Students

PCFC Launches QE2 Hospitality Academy as a Groundbreaking Step Toward Excellence in Dubai’s Tourism and Hospitality Sector

As part of ongoing national efforts to strengthen Dubai’s tourism and hospitality sector, the Ports, Customs, and Free Zone Corporation (PCFC) has officially inaugurated the QE2 Hospitality Academy under the Commercial and Investment Division of the Corporation. The opening ceremony was held aboard the legendary Queen Elizabeth 2 (QE2) cruise ship, one of Dubai’s most iconic maritime landmarks with a rich history and symbolic status in global sea travel.

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