Category Archives: Business & Investments

Business & Investments

UBF CEOs Consultative Council holds 4th meeting in 2024

Abu Dhabi, United Arab Emirates – 18 December 2024:  The CEOs Consultative Council of UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, recently held its fourth regular meeting for 2024 under the chairmanship of H.E. Mohammed Omran Al Shamsi, Vice Chairman of UAE Banks Federation and Chairman of the Board of Directors of RAKBANK.

The meeting discussed recent developments and progress made since its last meeting in October 2024 to achieve the Federation’s strategic plans for the year as part of its commitment to advancing the banking sector.

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Business & Investments

GMG Caps Transformative 2024 with Strategic Expansion, Digital Innovation, and Sustainability Milestones

UAE-based global wellness conglomerate demonstrates strong performance across business verticals while advancing sustainability and inclusion agenda

Dubai, UAE, December 16, 2024 – GMG, a global well-being and retail conglomerate, today announced its key business achievements for 2024, highlighted by the expansion of its 12-year partnership with VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories. Building on GMG’s current operations of 90 VF mono-brand stores in MENA and Southeast Asia, the enhanced partnership will add more than 300 new stores across these regions over the next five years, alongside developing E-commerce operations for selected VF brands.

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Business & Investments

Gensler Middle East Announces New Appointment to Accelerate Growth in Retail & Mixed-Use Sectors

Dubai, UAE – 18 December 2024 – Gensler Middle East is pleased to announce the appointment of Gensler Principal, Todd Pilgreen as the Asia Pacific and Middle East (APME) Regional Practice Area Leader for the Mixed Use & Retail Centers and Retail & Consumer Experience Practice Areas.

Pilgreen brings extensive experience and expertise to this role, having recently relocated from Shanghai, where he co-managed Gensler’s 250-person office for six years. He is now based in the firm’s Dubai office, overseeing projects across the APME region. 

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Business & Investments

ACCA urges SMEs to take control of their finances before the year ends

From year-end budget reviews to sustainable strategies, ACCA offers actionable insights for SMEs to strengthen their financial health

Dubai, UAE; Wednesday 18 December 2024: The Association of Chartered Certified Accountants (ACCA) is calling on SMEs and individuals to take decisive action in reviewing and managing their finances as 2024 draws to a close. Against a backdrop of rising costs, fluctuating income, and increasing regulatory demands, conducting a robust year-end financial review is essential for maintaining resilience and positioning for success in 2025.

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