Category Archives: Business & Investments

Business & Investments

Al Ghurair Foods’ pasta manufacturing plant adopts natural gas to reduce carbon emissions

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Al Ghurair Foods’ pasta manufacturing plant adopts natural gas to reduce carbon emissions

  • The Dubai-based facility will reduce carbon dioxide emissions by 2,191 tonnes annually, using compressed natural gas supplied by CloudEnergi

Dubai, United Arab Emirates; 31 May 2024: Al Ghurair Foods, the food production and processing division of Al Ghurair, one of the leading diversified UAE family businesses, has announced that its pasta manufacturing facility in Dubai’s Jebel Ali Industrial area has made the strategic shift from diesel oil to compressed natural gas (CNG) to run its production processes, a first within the company’s portfolio. The transition to cleaner fuels signals the company’s commitment to the UAE’s climate ambitions by consistently decarbonising its operations.

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Business & Investments

More than 500 finance professionals gathered for a day of shared learning at the Finance, Excellence & Leadership (FELS) Summit 2024

Continuous learning and collaboration are key to a thriving future for the finance profession

More than 500 finance professionals gathered for a day of shared learning at the Finance, Excellence & Leadership (FELS) Summit 2024

Dubai, UAE; May 30, 2024: In an era of rapid change, the importance of continuous learning for finance professionals is crucial to a thriving future for the profession. This was the resounding message at this year’s Finance, Excellence & Leadership (FELS) Summit 2024, held in Dubai earlier this week.

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Business & Investments

Bajaj Finserv Direct launches ME Technology Services hub at DIFC in UAE

Bajaj Finserv Direct launches ME Technology Services hub at DIFC in UAE

  • Bajaj Technology Services, part of Bajaj Finserv Direct, powers India’s leading digital marketplace for financial services, with a strong track record of accelerating the digital transformation of businesses
  • Plans to expand its footprints in the GCC, leveraging expertise in custom applications, enterprise applications, data engineering & analytics, Gen AI, cloud services and digital agency

Dubai, UAE, May 31, 2024: Bajaj Finserv Direct Ltd., a subsidiary of Bajaj Finserv Ltd., one of India’s most diversified and leading financial services conglomerates with a market capitalisation of $31 bn, today announced the launch of its Technology Services business hub in the UAE, in the Dubai International Financial Centre (DIFC), as part of its foray into the Middle East market.

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Business & Investments

AIFC Governor: strengthen the financial market and a favorable environment for global investors

Dubai -31 May 2024 :  His Excellency Renat Bekturov, Governor of the Astana International Financial Center, stressed the importance of the strategic partnership between Kazakhstan and the United Arab Emirates, and announced the presence of 300 Emirati companies in Kazakhstan and more than 100 joint projects with Emirati partners in Kazakhstan in sectors such as trade, manufacturing, real estate and finance.

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