Category Archives: Business & Investments

Business & Investments

IBPC Event to Promote LCTSM/UPI-IPP Platform Adoption for Businesses and Traders

IBPC Event to Promote LCTSM/UPI-IPP Platform Adoption for Businesses and Traders

  • RBI Delegation addressed in Dubai, the mechanism of cross border transaction between UAE and India in local currencies (AED vs INR)

11th June 2024, UAE:  Indian Business and Professional Council (IBPC) Dubai, along with representatives from the National Payments Corporation of India and the Reserve Bank of India, showcased significant advancements in digital payments and currency settlement mechanisms at a recent conclave in their efforts to enhance economic collaboration and facilitate seamless cross-border transactions.

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Business & Investments

Malabar Gold & Diamonds continues expansion spree; Unveils New Showrooms in Bahrain and Kerala, India

Malabar Gold & Diamonds continues expansion spree; Unveils New Showrooms in Bahrain and Kerala, India

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 350 showrooms across 13 countries, has unveiled their new showrooms at City Centre Bahrain and Perambra, Kerala, India.

The Bahrain showroom was inaugurated by Her Excellency Dr. Shaikha Rana bint Isa bin Duaij Al Khalifa, the Director General of the Institute of Public Administration, Kingdom of Bahrain, in the presence of Mr. Sakkeer Parappurath, Regional Head – Bahrain, Malabar Gold & Diamonds; Mr. Mohammed Rafeeq, Zonal Head – Bahrain, Malabar Gold & Diamonds; other senior management team members from Malabar Gold & Diamonds, customers and well-wishers.

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Business & Investments

CEO Clubs Commitment to Innovation Reaches New Heights at Lunch Meeting Focused on AI

CEO Clubs Commitment to Innovation Reaches New Heights at Lunch Meeting Focused on AI

Dubai, UAE – June 5, 2024: CEO Clubs Network’s dedication to innovation reached new heights during their Lunch Meeting at the Metropolitan Hotel, Dubai. The event, focused on “Envisioning AI in the Next One to Two Years: Catalyzing Innovation Across Diverse Industries,” was attended by over 60 members and guests, including global leaders, diplomats, and VIPs, including H.E. Marie Ndjeka Opombo ,Ambassador, Embassy of the Democratic Republic of Congo, H.E. Ersoy Erbay, Commercial Attache, Turkiye, H.E. Onur Saylan, Consul General, Turkiye, H.E. Bilal Unverdi, Treasury and finance Attache, Turkiye, H.E. Henry Zvikaramba, Counsulate General, Zimbabwe , H.E. Ashish Kumar Sarkar, Commercial Counsellor, Bangladesh.

Dr. Tariq Nizami, Founder & CEO of CEO Clubs Network, welcomed attendees with a grand announcement: the 7th Edition Burj CEO Awards 2024 nominations are now open. The most anticipated prestigious event of the year will be hosted in the beautiful city of Istanbul, Turkiye, from October 22-26. The meeting included a recap of the past six years of the Burj CEO Awards and a short video highlighting the impact of AI.

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Business & Investments

GCC’s Hospitality Industry to witness robust growth, forecasts Alpen Capital

GCC’s Hospitality Industry to witness robust growth, forecasts Alpen Capital

DUBAI – June 11, 2024: Alpen Capital’s latest report on the GCC Hospitality industry projects a Compounded Annual Growth Rate (CAGR) of 7.5% between 2023 – 2028.

UAE-based investment banking advisory firm, Alpen Capital, launched its latest report on the GCC Hospitality Industry on Tuesday, June 11th. The comprehensive report features in-depth analysis and forecasts for the hospitality sector, examining recent trends, growth drivers and challenges facing this dynamic segment. Additionally, the report profiles select hospitality companies operating in the region.

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Business & Investments

Dubai Investments Appoints xCube As Liquidity Provider

Dubai Investments Appoints xCube As Liquidity Provider

Dubai, UAE, 11th June 2024: Dubai Investment PJSC (DFM:DIC), a diversified investment group with a broad portfolio of businesses, announced today the appointment of xCube, a leading fintech company and market maker, as the Liquidity Provider for its shares listed on the Dubai Financial Market (DFM).

Under the terms of the one-year agreement, xCube will independently trade Dubai Investment shares starting today 11th  June 2024, entering two-way daily quotes into the market within the defined parameters of the mandate, and in compliance with regulations set by the Dubai Financial Market (DFM) and SCA. All necessary regulatory approvals have been secured.

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