Category Archives: Business & Investments

Business & Investments

BCCD panel spotlight business benefits of RAK’s sustainability agenda

Experts reveal incentives and cost savings linked to green practices in the Nature Emirate

October 15,2024 , Dubai, UAE: Representatives from the government and private sectors in Ras Al Khaimah (RAK) have revealed the pioneering measures being implemented to promote greener business practices in the Nature Emirate. In a panel discussion convened by the British Chamber of Commerce Dubai (BCCD), business founders highlighted the benefits of setting up in RAK, while representatives of the municipality and local agencies explained the cost savings and incentives for organizations committing to sustainable operations.

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Business & Investments

Embracing Ethics in Business for a Sustainable Future

As we mark Global Ethics Day 2024, the importance of ethics in the business world has never been greater and ethical practices are at the forefront of conversations across industries. Maintaining ethical integrity is crucial, and this is evident nowhere more than the Middle East, where rapid development continues to reshape landscapes.

Here, two distinguished industry leaders; Kush Ahuja, Head of Eurasia and Middle East at ACCA and Sam Achampong, Regional Director of CIPS Asia, Australasia, Middle East, and Africa, share their perspectives on the growing significance of ethics in business.

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Business & Investments

Forbes Middle East Reveals Its Sustainability Leaders 2024

Meet the sustainability champions making the Middle East a blueprint for green practices.

  • 107 listees span 12 categories and 105 companies.
  • UAE-based leaders reign with 54 entries, followed by Saudi Arabia with 20.

Dubai, October 13, 2024: Forbes Middle East has released its second annual list of the region’s sustainability leaders, recognizing the trailblazers and visionaries driving sustainable initiatives and innovations with the potential to reshape the world.

The list spans 12 major corporate sectors, with rankings based on a detailed assessment of each company’s sustainability efforts. Forbes Middle East compared initiatives within each sector, factoring in ESG reporting, greenhouse gas emissions, waste management, water and energy usage, and the adoption of renewable energy and energy-efficient technologies. Only initiatives led by companies in the Middle East were considered.

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Business & Investments

Malabar Gold & Diamonds Unveils Its Flagship Showroom in the USA at Los Angeles; Continues to strengthen its presence across North America.

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 360 showrooms across 13 countries, has launched its flagship showroom in the USA at Los Angeles. Marking a major milestone in the brand’s growth journey in North America, the new showroom will be Malabar Gold & Diamonds’ 5th and largest showroom in the USA.

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Business & Investments

Response Plus Holding reports 30% surge in Revenueto AED 323.03 million in the third quarter of 2024

Net Profit Before Tax increases 15% to AED 43.49 million

Abu Dhabi, United Arab Emirates, October 11, 2024: Response Plus Holding PJSC (ADX: RPM), the largest pre-hospital care and emergency medical services provider in the UAE and KSA, has announced a 30% increase in Revenue in the third quarter of 2024.

As per the preliminary results for the period ending September 30, 2024, RPM’s Revenue surged to AED 323.03 million, compared to AED 247.82 million in Q3 of 2023. During the same period, the Group’s Net Profit Before Tax increased to AED 43.49 million, registering a 15% growth over AED 37.8 million reported in Q3 of 2023.

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