Category Archives: Business & Investments

Abu Dhabi Department of Energy concludes Safety in Heat campaign for energy sector companies

Abu Dhabi, 27 October 2024: Abu Dhabi Department of Energy (DoE) has concluded its Safety in Heat campaign, aimed at measuring the compliance of all companies operating in the sector with the midday work ban during the summer period. This decision prohibits work under direct sunlight in open areas between 12:30pm and 3pm and was in effect for three months, from 15 June to 15 September 2024.

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Pioneering Business Summit Set to Connect Africa with Global Markets in Dubai

The Africa Global Business Connect Summit, scheduled for November 7-8, 2024, at the One&Only Za’abeel Hotel in Dubai, is set to become a landmark event, bringing together high-level decision-makers, industry leaders, and investors from across the globe to explore Africa’s growing potential. This business-oriented summit will serve as a premier platform for strategic alliances, cross-border partnerships, and transformative investments, focusing on Africa’s rapidly expanding markets.

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HE Dr. Amna Al Dahak opened the 15th National Dialogue on Climate Ambition

HE Dr. Amna Al Dahak opened the 15th National Dialogue on Climate Ambition to accelerate the decarbonization of the aluminium sector

  • The fifteenth session was held at EGA headquarters at Al Taweelah
  • The UAE is the fifth-largest aluminium producing nation in the world

With the Tadweer Group and Yellow Door Energy signing the pledge, the total number of signatories to the UAE’s Climate-Responsible Companies Pledge has reached 140

Dubai, 25 2024: The Ministry of Climate Change and Environment (MOCCAE) has held its fifteenth session of the National Dialogue on Climate Ambition (NDCA) at Emirates Global Aluminium headquarters in Al Taweelah.

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Ghitha Holding reports 11% Revenue Growth,totaling AED 3.67 billion for the first nine months of 2024

  • Revenue reached AED 3.67 billion – YTD Sep 2024, + 11% growth YoY
  • Gross Profit increased by AED 188 million, +36% growth YoY
  • EBITDA remains strong, representing ~ 10% of Revenue (Excl fair value changes in investment)
  • Total Assets increased to AED 9.4 billion (+33% vs. Dec 23)

Abu Dhabi, UAE – 25 October 2024: Ghitha Holding PJSC (ADX: Ghitha), Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has announced a solid AED 3.67 billion in revenue for the first nine months of 2024, showcasing an impressive 11% year-on-year (YoY) growth.

Falal Ameen, Group Chief Executive Officer of Ghitha Holding

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2nd edition of ‘Brands of India’ in Dubai from 12 to 14 November 2024 Sees 35% Surge in Visitor pre-registrations Amid Rising Global Interest for Sourcing Quality Apparel 

  • Apparel Exports from India is expected to reach US$15 billion in 2024
  • Participation of 150+ Apparel Brands & White Label Manufacturers
  • Growing Demand for Made in India Apparel is propelling Visitor Pre-registrations from more than 34 countries  

Date: Dubai, UAE; October 25, 2024

Following the remarkable success of the inaugural edition held last year, The Clothing Manufacturers Association of India (CMAI) will be hosting the 2nd edition of ‘Brands of India’, a mega show of Indian Apparel Manufacturers from 12 to 14 November 2024 at Za’abeel Hall 4, Dubai World Trade Centre, UAE. The trade show is being supported by Ministry of Textiles, Government of India, Embassy of India in UAE, Apparel Export Promotion Council (AEPC), Noida Apparel Export Cluster (NAEC), TEXMAS (Dubai), and Readymade Garments Merchants Group (Dubai).

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