Category Archives: Business & Investments

Business & Investments

Homegrown Sustainability Company Ecobee’s Eco-Friendly Solutions for Corporates and Individuals

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Homegrown Sustainability Company Ecobee’sEco-Friendly Solutions for Corporates and Individuals

Dubai, United Arab Emirates: Ecobee, a homegrown brand dedicated to fostering sustainable living, showcases its groundbreaking eco-friendly products, catering to both individual consumers and corporate clients. Since its establishment in June 2022, Ecobee has been committed to offering accessible, affordable, and high-quality solutions for everyday environmental challenges.

With a mission to make quality and innovative zero waste products easily available to all, Ecobee aims to be more than just a vendor; it aspires to be a partner in the sustainability journeys of individuals and organisations alike. As the UAE celebrates 2024 as the Year of Sustainability, Ecobee takes pride in contributing to the nation’s green initiatives as a locally grown brand.

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Business & Investments

UBF reaffirms commitment to providing innovative solutions to boost UAE’s global trade

UBF reaffirms commitment to providing innovative solutions to boost UAE’s global trade

Abu Dhabi, Dubai, UAE, 20 May 2024:

During its participation in the Global Trade Facilitation Summit 2024, organized by the International Chamber of Commerce (UAE Branch) and Dubai Chambers in May, UAE Banks Federation said that the efforts of UBF member banks are crucial in strengthening the trade ecosystem and trade facilitation solutions.

The summit, held under the theme “Sustainability of Trade and Development”, was attended by senior government officials, members of chambers of commerce, experts in global trade, bank officials for trade finance, export credit, supply chains, importers, exporters and researchers, to discuss ways to facilitate trade and to learn about the latest developments in the field of digital trade and sustainability.

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Business & Investments

Bayanat signs a New Partnership Agreement with Indian Conglomerate Tata Consultancy Services (TCS)

Bayanat signs a New Partnership Agreement with Indian Conglomerate Tata Consultancy Services (TCS)

  • The collaboration will advance TCS’ digital farming offerings, sustainability solutions, and digigov framework.
  • The MOU lays the foundation for a long-term partnership between Bayanat and TCS.

Abu Dhabi, UAE, May 20, 2024 — Bayanat (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, has today signed a Memorandum of Understanding (MoU) with Tata Consultancy Services (TCS), an India-based global leader in software and digital solutions. The MoU signifies a unified commitment to advancing TCS’ digital farming, sustainability, and digi gov offerings through Bayanat’s digital twin and geospatial analytics technology.  

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Business & Investments

DWTC Drives Impact with Economic Output Surging to AED 18.3Bn in 2023, up 40% YoY

DWTC Drives Impact with Economic Output Surging to AED 18.3Bn in 2023, up 40% YoY

  • Large-scale events at DWTC generated a total economic output of AED 18.3Bn, with a remarkable 10.5Bn retained as Gross Value Added to Dubai’s GDP;
  • Every dirham invested at DWTC for events generated 8 times economic output across the wider economy;
  • International visitors’ participation soared by 53%, driving significant GDP impact for adjacent sectors like travel, accommodation and retail
  • DWTC events supported over 69,000 jobs, generating AED 3.36Bn in disposable household income for the city
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Business & Investments

Opening Soon: Union Coop Announces Completion of Silicon Oasis Center

Opening Soon: Union Coop Announces Completion of Silicon Oasis Center

Dubai, UAE: 

Union Coop has announced the completion of its new commercial center in the Silicon Oasis area, with the grand opening set to take place soon. This new addition is part of Union Coop’s ongoing expansion and outreach plans, aimed at providing the community with a complete shopping experience.

During the initial inspection by Union Coop’s management, it was confirmed that the new center will soon be operational, enhancing the strategic stock levels and introducing new shopping formats. This center is expected to meet the growing consumer demand in Dubai and further expand Union Coop’s network across additional areas in the emirate.

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