Category Archives: Business & Investments

Business & Investments

Joyalukkas Unveils Newly Renovated Showroom in New Jersey with Exciting Gold Rush Offers!

Joyalukkas Unveils Newly Renovated Showroom in New Jersey with Exciting Gold Rush Offers!

New Jersey, USA – June 2024: The world-renowned jeweler Joyalukkas has set the benchmark for jewelry shopping globally. Their newly renovated showroom in New Jersey is no different. Known for their bespoke collections and world-class service, the brand inaugurated their New Jersey showroom on Saturday, June 15, 2024. The grand occasion was attended by Mr. Sam Joshi, Mayor of Edison, New Jersey, in the presence of Mr. Joy Alukkas, Chairman of Joyalukkas Group.

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Business & Investments

HIMA Group increases sales by 20 percent

HIMA Group increases sales by 20 percent

Germany, Brühl, 20th June 2024

The HIMA Group, a family-owned company and leading provider of safety-related automation solutions, has concluded the most successful financial year in the company’s history with the 2023 fiscal year. The global presence and solution portfolio for the process industry and railway technology will be further expanded.

In 2023, HIMA generated sales of 151.4 million euros, which corresponds to organic growth of 12%. The integration of Sella Controls, which was acquired in February 2023, increased sales by a total of 20%. “Our growth strategy, which is based on the digitalization of functional safety with added value in parallel with international expansion, paid off in 2023,” says Jörg de la Motte, CEO of the HIMA Group.

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Business & Investments

KEZAD Group Signs Lease Agreement with Astha Biotech for AED 44m Microalgae Plant in Abu Dhabi

KEZAD Group Signs Lease Agreement with Astha Biotech for AED 44m Microalgae Plant in Abu Dhabi

38,000 sqm facility in Al Ain will capture up to 1,000 metric tonnes of CO2 annually, using carbon from local industries to grow microalgae

Abu Dhabi, UAE – 20 June 2024: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Astha Biotech, a UAE-based investment and development company, today signed a lease agreement for a new facility in KEZAD Al Ain.

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Business & Investments

ICBA strengthens cooperation with Brazilian agri-tech industry

ICBA strengthens cooperation with Brazilian agri-tech industry

  • Dr. Tarifa Alzaabi, Director General of ICBA, joins thought leaders, scientists and experts from around the world for discussions on global food security and hunger.
  • ICBA strengthens partnerships with Brazilian agri-tech entities and showcases its agricultural research and development work.

São Paulo, Brazil, June 19, 2024 – The International Center for Biosaline Agriculture (ICBA) is looking to expand collaborations with leading Brazilian agri-tech institutions to bolster national and international efforts aimed at increasing food security and alleviating hunger worldwide.

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Business & Investments

Wilo empowers future leaders at ‘Young Future Energy Leaders Program’ to advance sustainability

Wilo empowers future leaders at ‘Young Future Energy Leaders Program’ to advance sustainability

  • Wilo educated students on smart energy and water management systems during high profile sessions
  • The company highlighted its smart solution: Wilo H2POWERPLANT at the event
  • The Smart Water Management market in the MENA region is projected to grow at a CAGR of 11 per cent till 2028
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