Category Archives: Business & Investments

Mastercard and Global Hotel Alliance Sign Multimarket Agreement to Boost Luxury Travel  

  • Set to launch a co-branded card, the partnership will cater to the unique needs of affluent cardholders – from planning trips to seamless accommodation arrangements

Dubai, UAE; 09 July 2024: Mastercard, and Global Hotel Alliance (GHA), one of the world’s largest alliance of independent hotel brands, have signed a multimarket agreement to introduce a co-branded card, designed to boost the travel and hospitality experience for discerning travelers. The collaboration will be tailored to the unique needs of affluent cardholders – offering a vast choice of accommodation arrangements and exciting rewards.

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UAE grocery retailers must bring specialization to their customer proposition as saturation and consolidation loom, according to new report from Oliver Wyman

Key takeaways: 

  • Almost 60% of UAE customers would be interested in shopping at a discount retailer
  • Personalization is a differentiation opportunity in the UAE, with more than 70% of survey respondents saying they would be interested in personalized offers
  • More than 50% of respondents expressed interest in technology and AI use cases that can enhance their overall shopping experience
  • More than 90% of respondents deliberately look for fruit & vegetables produced in the UAE
  • Retailers need to revisit their relationship with suppliers and put the customer at the center of assortment, space, price and promotion decisions to win in the market
Joe Abi Akl - Oliver Wyman

Dubai, United Arab Emirates, July 9, 2024 – A major new report from Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), highlights that the UAE’s grocery sector has reached a new stage of modernization as competition intensifies.

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Bitget to List the First BGB Perpetual Futures with up to 50x Leverage

Global, 9th July 2024 – Bitget, the leading global cryptocurrency exchange and web3 company, is excited to announce that its native token, Bitget Token (BGB), is now exclusively available for futures trading on the platform. As the first BGB perpetual futures, BGBUSDT-M will be live on July 8, 2024, with a maximum leverage of 50x.

BGB is the ecosystem token of Bitget, designed to create a simple, secure crypto ecosystem accessible to all. Launched in July 2021 with a total supply of 2 billion, BGB now has 1.4 billion tokens in circulation. Bitget Token (BGB) offers exclusive perks to all holders, aiming to share the fruits of Bitget’s growth with all users. These benefits include spot trading fee discounts, free withdrawal, access to token sales or airdrops on Launchpad and Launch Pool, and other platform-specific benefits, incentivizing users to hold and use BGB, thereby creating a strong utility-driven ecosystem.

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Viola Communications Ranked 4th in GCC’s ‘Best Workplaces™’ for Media, Advertising, and Marketing

Abu Dhabi, UAE, 09 July 2024: Viola Communications, the Abu Dhabi-based marcoms leader and subsidiary of the Multiply Group, has announced its achievement of 4th place in the GCC’s ‘Best Workplaces™’ in the Media, Advertising, and Marketing category. This prestigious award comes on the heels of earning the esteemed ‘Great Place to Work®’ certification, underscoring Viola’s unwavering commitment to creating an outstanding workplace environment and solidifying its position as a leader in the industry.

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