Category Archives: Business & Investments

CEO Clubs Members Mark Successful Visit to the Cuban Embassy in Abu Dhabi, UAE

Abu Dhabi, June 25, 2024 – CEO Clubs proudly mark another milestone achievement with a successful visit to the Cuban Embassy in Abu Dhabi. This exclusive event brought together esteemed members to foster stronger economic and cultural ties between the UAE and Cuba.

His Excellency Norberto Carlos Escalona Carrillo, the Ambassador of Cuba, warmly welcomed the delegation and delivered an insightful presentation on Cuba’s investment landscape with the key highlights of investment Information, opportunities, regulations, procedures, trade engagement, and guarantees

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CEOs Consultative Council of UAE Banks Federation holds second meeting of 2024

 Abu Dhabi, United Arab Emirates; 27 June 2024: The CEOs Consultative Council of UAE Banks Federation, the sole representative and unified voice of UAE banks, held its second regular meeting for the current year yesterday (26 June 2024) under the chairmanship of H.E. Mohammed Omran Al Shamsi, Vice Chairman of UAE Banks Federation and Chairman of the Board of Directors of Ras Al Khaimah National Bank, to discuss developments in the banking sector and the Federation’s plans to be implemented in the second half of the year.

Participants at the meeting reviewed the steps taken by the Federation in the first half of the year to implement its strategy, plans and programmes, as well as the significant achievements made during this period to keep pace with the rapid developments in the banking sector.H.E. Mohammed Omran Al Shamsi, Chairman of the CEOs Consultative Council, said: “The banking sector has witnessed many remarkable developments in the first half of this year that have strengthened the sector’s leading position and helped cement the UAE’s position as a global financial and banking centre under the direct supervision of Central Bank of the UAE.

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LEADING COMPANIES INTHE RETAIL AND CONSUMER GOODS INDUSTRIES SUPPORT THE TRANSITION TO QR CODES WITH GS1 STANDARDS

  • 50 years after the barcode was first scanned, 22 leaders from the world’s biggest companies sign a global joint statement calling for the transition to QR Codes with GS1 standards to revolutionise the consumer experience 
  • Signatories include industry champions like Alibaba.com, Carrefour, IGA, JD.com, JM Smucker, Mondelēz, Lidl, L’Oréal, Nestlé, P&G, and Savencia
  • Thisinitiative aims to have QR Codes with GS1 standards widely adopted by retailers and manufacturers globally by the end of 2027 


26 June 2024: On the 50th anniversary of the barcode being scanned for the first time, 22 industry champions – including marketplaces such as Alibaba.com, retailers like Carrefour and manufacturers like Procter & Gamble, are calling for the global adoption of QR Codes with GS1 standards. Powered by GS1, the leading standards organisation behind the barcode, these QR Codes can give access to a wealth of product information easily accessible via smartphones – which is expected to completely revolutionise the consumer experience.

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Bitget and Foresight Ventures Launch $20 Million TON Ecosystem Fund

Bitget and Foresight Ventures Launch $20 Million TON Ecosystem Fund to nurture and support early-stage projects 

Global, June 26, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, announced a $20 million TON Ecosystem Fund in alliance with Singapore-based investment firm Foresight Ventures, aiming to support early-stage projects building on The Open Network (TON). This strategic initiative highlights the duo’s commitment to fostering innovation and development within the TON ecosystem.

The Open Network (TON) has been gaining significant traction, with $TON price reaching a new all-time high lately. According to Delphi Digital, the ecosystem’s growth is bolstered by Telegram’s massive user base of 900 million, pushing the daily active addresses on TON beyond those of Ethereum.

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SuperBridge Summit 2024 to convene ‘Next Gen’ global leaders for economic innovation  

SuperBridge Summit 2024 to convene ‘Next Gen’ global leaders for economic innovation  

UAE, 25 JUNE 2024: The Dubai World Trade Centre (DWTC) and the SuperBridge Council have announced that the highly anticipated second edition of the SuperBridge Summit 2024 will be held on 15-16 October 2024, at the One&Only One Za’abeel, Dubai. The two-day summit will coincide with GITEX Global, bringing together future leaders of the global economy in one venue.

The theme of this year’s summit – ‘Innovate for Next Gen’, will explore diverse elements shaping the future of global economy, across five key topics: ‘Economic Powerhouse’, ‘Technology and Industrial Transformation’, ‘Leadership and Human Equity’, ‘Life and Wellbeing’, and ‘Wealth and Investment’. The term ‘innovate’ in the theme embodies a proactive approach to seeking solutions for the world’s most urgent challenges, while ‘Next Gen’ underscores the multi-dimensional facets of global economic forces, technology, leadership, wellbeing and investment.

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