Category Archives: Business & Investments

EWEC Drives Decarbonisation of Abu Dhabi and Conducts Q1 2024 Clean Energy Certificates Auction

EWEC Drives Decarbonisation of Abu Dhabi and Conducts Q1 2024 Clean Energy Certificates Auction

In the continuation of the Year of Sustainability, EWEC has opened registration for the next Clean Energy Certificates auction

Abu Dhabi, UAE – 11 March 2024: EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced that registration is now open for its Q1 2024 auction for Clean Energy Certificates (CECs) in Abu Dhabi, with the auction scheduled to take place on 14 March 2024.

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Bridgestone MEA highlights future of fleet in the region

Bridgestone MEA highlights future of fleet in the region

11 March 2024: Bridgestone MEA, a global leader in tires and sustainable mobility solutions, showcased the promising future of fleets in the Middle East during its participation in the Truck and Fleet Conference. The event, which was held recently, brought together industry leaders, providing insights into sustainable practices, digital transformations, and the evolving landscape of urban mobility.

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ANIB Introduces Specialized Marine Insurance Coverage for Risks Posed by Geopolitical Events

Insurance companies launch new insurance products targeting the marine services sector in response to recent global developments

ANIB Introduces Specialized Marine Insurance Coverage for Risks Posed by Geopolitical Events

Dubai, UAE (March 10, 2024): In recent years, the global maritime industry has faced increasing threats from various geopolitical factors, including unstable conditions in which during war, attacks on cargo carrying vessels pose significant risks to shippers and businesses involved in international trade. ANIB’s specialized insurance coverage for war and political risks is specifically designed to address these challenges, providing clients with peace of mind and financial protection in the face of uncertainty.

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More and more Bangladeshi women are now starting businesses in the UAE

More than 1,100 Bangladeshi women entrepreneurs and professionals make their mark in the UAE

More and more Bangladeshi women are now starting businesses in the UAE while other businesswomen from Bangladesh are expanding their businesses in the UAE due to easy connectivity with key international markets

Dubai, UAE; March 9, 2024

News Highlights:

  1. Women make up approximately 49.42 percent of Bangladesh’s population, and 71.18 percent of them are literate. Nonetheless, only 7.2 percent of the nation’s businesses are headed by women;
  2. According to a report by the International Labour Organisation (ILO), women are involved in over 40 percent of SMEs in Bangladesh;
  3. Women-owned SMEs in Bangladesh was 2.8 million, which is around 24.6 percent of the total number of SMEs in the country;
  4. Non-Resident Bangladeshis (NRBs) own and manage more than 100,000 of the 750,000 active businesses in the UAE;
  5. More than 100 self-made Bangladeshi women entrepreneurs and 1,000 women professionals are currently contributing to the UAE economy.
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Abu Dhabi-Japan Economic Council supports energy transition and sustainable development

Abu Dhabi-Japan Economic Council supports energy transition and sustainable development

Abu Dhabi- 7 March 2024:

The 10th session of the Abu Dhabi-Japan Economic Council (ADJEC) held Today in Abu Dhabi, emphasised the Council’s commitment to support delivering the objectives of UAE Net Zero 2050, COP28, and UN Sustainable Development Goals (SDGs).

Hosted by the Abu Dhabi Department of Economic Development (ADDED) and the Japan Cooperation Center for the Middle East (JCCME), the session continued to mark a successful collaboration and showcased a dedication to fostering a sustainable future.

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