Category Archives: Business & Investments

Business & Investments

Future Food Forum 2024 to highlight UAE’s food ecosystem

Future Food Forum 2024 to highlight UAE’s food ecosystem transformation driving future of regional food sector

Dubai, United Arab Emirates; 29 September 2024:

The UAE Food & Beverage Business Group (F&B Group), under the patronage of the UAE Ministry of Economy and in strategic partnership with the Dubai Chamber, has announced the upcoming Future Food Forum 2024, set to take place on the 2nd and 3rd of October 2024.

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Business & Investments

World FZO’s 10th Annual World Congress concludes in Dubai with 2000 Attendees from 136 Countries

  • Coincided with the organization’s launch in Dubai a decade ago
  • Featured a ministerial meeting that discussed the future role of artificial intelligence and emerging technologies in global trade
  • Sessions focused on the future of the organization, the free zones sector and other vital sectors over the next decade

H.E. Dr. Thani bin Ahmed Al Zeyoudi: ‘The UAE is strategically positioned as a global trade leader, adopting a neutral stance that balances trade and diplomacy’

Al Zarooni: ‘Today, the World FZO has become a global platform that elevates the performance of free zones and their strategic contribution to global economic growth.’

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Business & Investments

Survey by Parisima Talent unveils opportunities for UAE companies to expand in Saudi Arabia

  • YouGov Survey reveals Advertising, Marketing and Public Relations is the most favoured sector in the Kingdom of Saudi Arabia (KSA)
  • As UAE companies expand their operations in the Kingdom, understanding the employment preferences and job application behaviours of Saudi residents is crucial

Dubai, United Arab Emirates – 26 September 2024: Strategic talent acquisition business Parisima Talent – part of Dulsco Group, announced the findings of a new YouGov survey shedding light on critical trends in the Kingdom of Saudi Arabia (KSA) job market. The comprehensive report conducted in June 2024 among men and women aged 18-45+, was commissioned in response to the growing demand from Parisima’s UAE-based clients looking to expand into the Kingdom. The insights also serve as valuable guidance for other businesses aiming to tap into the opportunities presented by the $3 trillion in foreign investment flowing into the KSA as part of the Saudi Vision 2030.

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Business & Investments

UAE and Saudi Arabia to drive expansion of the GCC retail industry, says Alpen Capital

Dubai – September 26, 2024: Alpen Capital’s latest retail sector report for the GCC projects the industry to witness growth at a compounded annual growth rate (CAGR) of 4.6 percent between 2023 – 2028, with the UAE and Saudi Arabia leading the region’s growth at CAGRs of 5.4 percent and 5.1 percent, respectively.           

The UAE-based investment banking advisory firm, Alpen Capital, launched its latest report on the GCC Retail Industry on Thursday, September 26th. The comprehensive report features in-depth analysis and forecasts for the retail sector, examining recent trends, growth drivers and challenges facing this dynamic segment. Additionally, the report profiles select retail companies operating in the region.

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Business & Investments

Al Seer Marine Expands Fleet with Delivery of two new MR Tankers: M.T. Betelgeuse and M.T. Bellatrix

  • M.T. Betelgeuse and M.T. Bellatrix are IMO II/III oil and chemical tankers, designed to carry six fully segregated grades of cargo, with a deadweight of 49,757 MT each.
  • The six state-of-the-art MR tankers are built ready for alternative fuels such as Liquified Natural Gas (LNG), ammonia, and methanol.

Abu Dhabi, September 26, 2024: Al Seer Marine (ADX: ASM), a frontrunner in various maritime industries and a subsidiary of International Holding Company (ADX: IHC), has recently taken delivery of M.T. Betelgeuse and M.T. Bellatrix, the first two in a series of six New Building MR tankers from K Shipbuilding Korea. These new additions are intended to meet the rapidly growing demand for the transportation of clean petroleum products (CPP) and chemicals.

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