Category Archives: Business & Investments

Business & Investments

Daman Investments Collaborates with Société Générale to Strengthen ESG-Focused Investing

Dubai, UAE – February 2025 – – Daman Investments PSC (“Daman”), a leading UAE financial institution, is proud to announce its latest initiative aimed at advancing sustainable investment opportunities.

Developed in collaboration with Société Générale, the initiative underscores Daman Investment’s dedication to aligning with globally recognized ESG frameworks. By integrating stringent sustainability criteria into its approach, the initiative exemplifies the company’s commitment to responsible investing.

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Business & Investments

Middle East Energy Expands Footprint as Global Innovation and Battery Tech Take Center Stage

  • Global Innovation and Africa Business Leaders forums join expanded conference agenda
  • Institute of Electrical & Electronics Engineers technical sessions planned
  • Battery Show conference to probe future of MENA’s EV and battery market
  • More than 150 regional and international experts in speaker line-up

Dubai, UAE – February 24, 2025: The 49th edition of Middle East Energy (MEE), which shapes the energy sector in the region and Africa, will upscale industry insights as it more than doubles its conference tracks, expanding from three to six for 2025. Organised by Informa Markets, MEE 2025 will run from April 7-9 at the Dubai World Trade Centre (DWTC) and its conference series will bring together over 150 energy leaders and experts from across the region and the globe to explore innovative solutions and transformative sector advancements.

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Business & Investments

7 out of 10 people in UAE feel money confident, survey reveals

Dubai, UAE, 24th February 2025: A record 75% of residents are expecting a bonus in 2025, according to a new survey by YouGov commissioned by Zurich International Life Limited in the UAE. This jump from 68% in 2024 reflects not only increasing optimism but also a shift in financial behaviour—one that suggests a growing focus on strategic planning leading to long-term financial security. 

With 68% of residents planning to save at least a portion of their bonus, it’s clear that long-term financial planning is taking hold across the nation. This increase in expectations signals a broader optimism in the UAE economy, where residents are feeling more secure and ready to invest in their future.

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Business & Investments

Invictus Investment’s commodity transaction volumes surge 45% YoY to reach 2 million metric tonnes in the first six weeks of 2025

Product diversification and market expansion drive milestone achievement

Dubai, United Arab Emirates, 26 February 2025:  Invictus Investment Company Plc (ADX: INVICTUS), a leading agro-food enterprise in the Middle East and Africa, announced that it has surpassed 2 million metric tonnes in commodity transaction volumes as of February 12, 2025. This represents a 45% increase compared to the same period in 2024, putting the company on a strong growth trajectory for the full year.

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Business & Investments

O Gold and Monetary Metals Unveil Pioneering Gold Leasing Model

–     Investors can now lease as little as 0.1 gram of gold and earn up to 16% annually

Dubai, UAE – February 26, 2025: O Gold, the first Emirati app for fractional gold and silver ownership, has officially launched its collaboration with Monetary Metals, a global leader in gold leasing. The two companies have spent months collaborating to develop an innovative investment model that enables gold owners to generate substantial returns by leasing their holdings. The launch event, held in Dubai, brought together key industry leaders, stakeholders, and media representatives, marking a milestone in the evolution of gold investments.

(L-R): Mr. Mark Pey, Country Manager (UAE) – Monetary Metals, Mr. Mohamed Al-Mansouri, Co -founder, O Gold, Mr. Bandar Al-Othman, Chairman – O Gold, and Eng. Ahmed Abd El Tawab, CEO – O Gold.

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