Category Archives: Business & Investments

Business & Investments

GCFC and IRENA JOIN FORCES TO ACCELERATE GLOBAL CLIMATE FINANCE AND RENEWABLE ENERGY INITIATIVES

THE GLOBAL CLIMATE FINANCE CENTRE AND THE INTERNATIONAL RENEWABLE ENERGY AGENCY JOIN FORCES TO ACCELERATE GLOBAL CLIMATE FINANCE AND RENEWABLE ENERGY INITIATIVES

30thJuly2024, Abu Dhabi, UAE:The Global Climate Finance Centre (GCFC), an independent entity focused on catalysing climate investments and solutions globally, and the International Renewable Energy Agency (IRENA),the lead intergovernmental agency for the renewables-based energy transition, today announced a strategic partnershiptoscale-up climate finance and renewable energy initiatives globally.  The MoU signing was witnessed by Mr Salem Mohammed Al Darei, Chairman GCFC and Dr. Nawal Al-Hosany, the Permanent Representative of the UAE to the International Renewable Energy Agency (IRENA).

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Business & Investments

BNI TERRA Sets New Global Benchmark as First Net Zero Chapter in BNI Network,

Celebrates BNI UAE’s Milestone of 1,300 Members

Dubai, UAE – 30th July – BNI (Business Network International), the world’s largest networking and referral organization, announces a significant milestone with the introduction of BNI TERRA, the first-ever Net Zero Chapter within its global network. This initiative underscores BNI’s commitment to innovation and tradition.

BNI TERRA, has taken proactive measures to reduce its carbon footprint and lead by example in the business networking community. Recognizing the urgent need for sustainable practices, BNI TERRA has adopted a hybrid meeting model. Physical meetings are held once a month at the LEED-certified Rove Hotels in Expo City Dubai, renowned for its sustainable practices and for the rest of the month the team meets online. In addition to this, the group will proactively organise activities that will ensure the emissions are offset.

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Business & Investments

Tim Hortons Announces Strategic Partnership with Union Coop

Dubai, UAE – 30th of July 2024: Tim Hortons, the iconic Canadian coffee chain, is excited to announce a strategic partnership with Union Coop, the leading consumer cooperative in the UAE. This innovative collaboration promises to blend the best of both worlds, enhancing community connections and delivering unparalleled value to customers.

In a landmark moment that signifies the dawn of a new era, Mr. Hesham Almekkawi, CEO of Tim Hortons Middle East, and Mr.Mohamed Al Hashemi, CEO of Union Coop, celebrated this partnership with a symbolic handshake, setting the stage for exciting ventures ahead.

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Business & Investments

Industrial AI UPTAKE IS JUST getting Started but MAJORITY OF SECTOR IS UNCOVERING NEW use CASES, FINDS HONEYWELL RESEARCH

  • AI research covers 12 global markets, including Saudi Arabia and the UAE
  • Workforce productivity, flexibility, and safety are cited as key gains from AI applications along with its potential to address the industrial skills shortage
  • Majority of respondents in the UAE highlighted uses cases for AI that were not in their initial plans

Dubai – United Arab Emirates, JULY 24, 2024—Honeywell (Nasdaq: HON) today released the findings of its IndustrialAI Insights globalresearch study, which captures the state of Artificial Intelligence (AI) in the sector. While only 17% of AI decision makers around the world have fully implemented their initial AI plans, more than 9 in 10 say they are uncovering unexpected new use cases whether they are in the prototyping, launch, or scaling stages of AI implementation.

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Business & Investments

Sheraa launches Access Sharjah Challenge allocating AED 500,000 for AgriTech and Livestock Health innovations

Eligible startups can submit their applications until September 5

Sara Al Nuaimi: ASC 2024 reflects Sheraa’s commitment to bolstering the emirate’s role in AgriTech, food and water security.

Khalifa Al Tunaiji: Sharjah has been at the forefront in adopting sustainable and smart technologies to overcome challenges in the sector.

Sharjah, July 29, 2024

Fuelling Sharjah’s and the UAE’s goals to become the world’s best in the Global Food Security Index by 2051, the Sharjah Entrepreneurship Center (Sheraa) has announced the sixth edition of Access Sharjah Challenge (ASC) with AgriTech and Live Health as its two competition tracks. The AED 500,000 challenge is an unmissable opportunity for startups worldwide who have viable prototypes to receive world-class mentoring and expand globally.

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