Category Archives: Business & Investments

Business & Investments

iACCEL GBI Announces Strategic Partnership with Angels Den to Expand Startup Ecosystem into the UAE

02ND September,2024, Dubai, United Arab Emirates: iACCEL GBI, a leading go-to-market accelerator supported by the Dubai government, today announced its strategic partnership with Angels Den Funding, Europe’s largest angel-led finance platform. This collaboration marksiACCEL GBI’sentry into the UK and Europe.

Established in 2023 with support from Dubai SME and Hamdan Innovation Incubator (Hi2), iACCEL GBI offers extensive support to startups entering the UAE and Middle East, leveraging a growing network of over 400 industry experts who work closely with these startups. Founded in 2007, Angels Den Funding has evolved from an online platform into a powerful network of over 21,000 investors. This partnership marks a key milestone for iACCEL GBI in expanding its influence across the European region.

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Business & Investments

APM Capital marks Emirati Women’s Day celebrations highlighting Financial Inclusion for Women and ESG

Illuminates the path to financial empowerment for women with a ‘Women in Finance’ panel discussion on challenges faced and investment opportunities

Key Highlights:

  • Only 7.5% of women in the MENA region have a high level of investment education, yet 62% want to be more active investors, showing a strong desire to improve their financial skills.
  • Emirati women own 128,000 SME businesses, yet financial products made especially for women would provide more women with access to start their businesses.
  • 86% of employees want to work with companies with ESG principles, and 83% of customers think companies must have ESG principles.

Dubai, UAE, 2nd September 2024: Women aiming for financial inclusion face several challenges due to cultural norms and traditional gender roles. The lack of appropriate legal and policy frameworks poses significant barriers to women’s economic empowerment. Low financial literacy rates among women and poor access to capital impose severe challenges towards achieving a solid foundation for financial independence among women. To discuss these issues threadbare, share potent insights and pave the way towards gender equality and economic independence amongst women in the Middle East, APM Capital hosted a panel discussion with industry experts to drive a meaningful change in the finance world.

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Business & Investments

Malabar Gold & Diamonds Unveils New Phase of Global Expansion Plan; Set to launch 20 showrooms in 1 month

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 355 showrooms across 13 countries, has unveiled the next phase of their global expansion plan, with the jewellery giant set to launch 20 new showrooms in the month of October. The showroom launches are being planned across various locations in India, the GCC & the USA. The ambitious expansion plan will mark a significant chapter in the brand’s growth journey, further cementing its reputation as one of the world’s largest and most trusted jewellery retail chains.

The expansion plan in India involves the launch of 3 showrooms in Uttar Pradesh, 2 showrooms each in Delhi, Maharashtra, Karnataka, Rajasthan and 1 showroom each in Odisha, Telangana, West Bengal & Punjab. Internationally, Malabar Gold & Diamonds will strengthen its already robust presence in the UAE, Qatar & KSA with new showrooms opening in Muweilah, Sharjah; Muaither & Nakheel Mall respectively. The brand’s growing presence in North America will also be bolstered with the launch of 2 new showrooms, in Artesia, Los Angeles and Atlanta, Georgia.

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Business & Investments

Al Seer Marine Unveils New Dynamic Brand Identity to Underline Its Position as a Global Pioneer in Maritime Excellence

  • The refreshed brand identity mirrors the strategic direction of the company in developing a future-proof fleet and innovative products to boost operational efficiency and profitability.
  • The company’s AED 7.5 billion in assets fortify its status as a premier maritime excellence centre, endorsed by top financial and investment firms.

Abu Dhabi, September 2nd, 2024: Al Seer Marine (ADX: ASM), a frontrunner in various maritime sectors and a subsidiary of International Holding Company (ADX: IHC), has revealed a new brand identity that captures its vision to solidify its position as an undisputed leader in the maritime industry.

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Business & Investments

ME’s oldest & premium expo from Sept. 3-5 at DWTC

12th Edition of Paper Arabia 2024 to focus on sustainability, reduction of emissions

Second Middle East Paper & Tissue Forum to discuss on reducing carbon footprint to contribute to Net Zero goals advocated by regional governments priority, says experts

Dubai, Sept.2, 2024:  The 12th edition of Middle East’s oldest and premium B2B expo, Paper Arabia 2024, will focus on sustainability with stakeholders highlighting the imperative of reducing the industry’s carbon footprints to support the Net Zero initiatives and goals of governments across the region to contain global warming.

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