Category Archives: Business & Investments

Business & Investments

Abu Dhabi Chamber’s sectoral working groups discuss over 85 issues to develop the private sector in 2023

Leave a comment

Abu Dhabi Chamber’s sectoral working groups discuss over 85 issues to develop the private sector in 2023

  • Ahmed Khalifa Al Qubaisi: ‘The ADCCI’s sectoral working groups are committed to continuing their efforts to align with the aspirations and developments of the private sector. They discuss solutions to the most prominent challenges facing the sector to implement best practices and work to submit recommendations and propose appropriate policies in cooperation with the relevant government agencies.’

Abu Dhabi, UAE – 12 February 2024: Last year, the Abu Dhabi Chamber of Commerce and Industry (ADCCI) organized more than 84 meetings, convening its sectoral working groups to discuss approximately 85 topics. These discussions related to the Chamber’s efforts to provide an ideal environment that enables private sector companies to realize their full potential. The objective is to support growth and prosperity in Abu Dhabi, leading to strengthening its position as the top destination for companies in the Middle East by 2025.

Continue reading Abu Dhabi Chamber’s sectoral working groups discuss over 85 issues to develop the private sector in 2023 →
Business & Investments

Invictus Investment Company announces record results for full-year 2023

Leave a comment

Invictus Investment Company announces record results for full-year 2023, with 35% revenue increase and 110% growth in commodity transaction volumes

Strategic expansion into ten new markets and additional product areas drives performance

  • Achieved significant growth in commodity transaction volumes, which surged by over 110% to reach 5.37 million metric tonnes, as compared with 2.56 million metric tonnes in 2022.
  • Revenue surges to AED 8.1 billion in 2023, up from AED 5.9 billion in 2022.
  • Net profit reported at AED 213.6 million in 2023, against AED 454.5 million in 2022.
  • Total equity rises to AED 1.06 billion in 2023, from AED 1.02 billion the previous year.
  • The Company’s board recommends AED 45.0 million in dividends.
Continue reading Invictus Investment Company announces record results for full-year 2023 →
Business & Investments

The inaugural Healthy Innovation Conference to offer a glimpse into the future of the sustainable food industry

Leave a comment

The inaugural Healthy Innovation Conference to offer a glimpse into the future of the sustainable food industry

  • Dubai-based conference set to welcome 400+ senior executives from international plant-based and cultured-food businesses, investors, and food brands
  • Held as the GCC competes in the growing global alternative proteins market, estimated to be worth US $1.4 trillion by 2050

Dubai, UAE: 12 February 2024: Dubai has been confirmed as the host city of the inaugural Healthy Innovation Conference (HiConf) that promises to provide an immersive and insightful journey into the realm of food technology and alternative proteins. Taking place on 29 February, HiConf is the first summit in the MENA region that is wholly focused on new and improved food solutions that bring transformative benefits to the health of people and the planet.

Continue reading The inaugural Healthy Innovation Conference to offer a glimpse into the future of the sustainable food industry →
Business & Investments

World Future Energy Summit 2024 to Build on COP28’s Change Agenda and Help Realise Transformative Future

Leave a comment

World Future Energy Summit 2024 to Build on COP28’s Change Agenda and Help Realise Transformative Future

Annual summit in Abu Dhabi to accelerate COP28’s transition agreements and renewables pledge by bringing together industry leaders, policymakers, investment incubators, and world-class start-ups

 Event in the UAE capital will play key role in furthering COP28 resolutions along the road to reality, says Summit Director.

Dubai, UAE – February 12, 2024: The recent COP28 in Dubai underscored the UAE’s global leadership in a sustainable energy future with the brokering of a momentous US$700 million loss and damage fund, US$100 million of which was pledged by the host country, to provide financial support to developing countries suffering from climate destruction.

Continue reading World Future Energy Summit 2024 to Build on COP28’s Change Agenda and Help Realise Transformative Future →
Business & Investments

An African Adventure Awaits For The World’s Top Destination Wedding Professionals At The 10th Annual DWP Congress

Leave a comment

An African Adventure Awaits For The World’s Top Destination Wedding Professionals At The 10th Annual DWP Congress

7h February 2024, Dubai, UAE – The world’s strongest business-to-business (B2B) platform for destination weddings is preparing to shine in glory for its momentous 10th annual. The Destination Wedding Planners (DWP) Congress has been bringing together over 500 luxury destination wedding experts including planners, hotels, venues, tourism boards, photographers, videographers, cake designers, fashion designers and many other creative suppliers and service providers from 70+ countries for 9 years now. In April 2024, the Congress will be celebrating a decade of connecting the global destination wedding industry. 

Taking place in the gorgeous backdrop of Victoria Falls in Zimbabwe, this extravaganza will begin from April 15th-17th 2024 in strategic partnership with RSVP Events.

Continue reading An African Adventure Awaits For The World’s Top Destination Wedding Professionals At The 10th Annual DWP Congress →