Category Archives: Business & Investments

Business & Investments

Emirates Environmental Group celebrates partners at its 27th Annual Gala Event

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Emirates Environmental Group celebrates partners at its 27th Annual Gala Event

68 supporting organisations from the government, private and civil society sectors honored

Dubai, UAE – March 7, 2024 – The Emirates Environmental Group (EEG) hosted its 27th Annual Corporate Gala Dinner on the evening of March 5th, graced by the esteemed presence and patronage of H.H. Eng. Sheikh Salem bin Sultan bin Saqr Al Qasimi, Chairman of the Department of Civil Aviation Ras Al Khaimah and Member of the Government of Ras Al Khaimah’s Executive Council. Themed “Guiding Sustainability Tributaries, Foundation of a Unified Path,” the event provided a distinguished platform to honour accomplishments in environmental conservation and sustainability, showcasing EEG’s significant impact on both local and global stages.

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Business & Investments

LEAP 2024: SAP Ramps up Investment in Saudi Arabia

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LEAP 2024: SAP Ramps up Investment in Saudi Arabia to Foster Innovation Ecosystem and Enhance National Technology Skills

  • Tech giant launches first regional SAP Innovation Hub and opens an SAP Experience Center in Khobar to drive innovation initiatives with customers and partners
  • In collaboration with Ministry of Communications and Information Technology, SAP announces Academy of Engineering program will be further extended until 2025
Ahmed AlFaifi, SAP

 Photo caption: Ahmed AlFaifi, Senior Vice President and MD, SAP, Middle East Africa – North announced new SAP investments in the Kingdom at the LEAP 2024 technology event today.

RIYADH, KSA — March 6, 2024 – SAP today announced it is increasing its investment in Saudi Arabia, a critically important market for the global technology company. To enable further co-innovation with new and existing customers and partners, SAP has launched a first-of-its-kind regional SAP Innovation Hub in the Kingdom and will also open an SAP Experience Center in Khobar this month. In addition, SAP is extending its elite program for training in advanced technology skills, organized in collaboration with the Ministry of Communications and Information Technology (MCIT), until at least 2025.

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Business & Investments

“Fall in Beauty”: A multi-brand skincare store launched in Dubai

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“Fall in Beauty”: A multi-brand skincare store launched in Dubai

Anas AlMadani: “We are introducing sustainable beauty brands to the market.”

Dubai, UAE, 6 March 2024: INDEX Trading and Investment announces today its strategic partnership with the Global Trade Development Agency (GTDA) from Korea at the Dubai World Trade Center within Dubai Derma 2024, heralding a new era in the skincare industry across Dubai and the MENA region. This collaboration aims to introduce innovative and high-quality South Korean beauty and skincare products to diverse markets, capitalizing on INDEX Trading and Investment’s regional expertise and GTDA’s proficiency in sourcing premium skincare solutions.

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Business & Investments

Dubai WoodShow Day 2: Deals Worth Millions, B2B Success, and Expert Insights

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Dubai WoodShow Day 2: Deals Worth Millions, B2B Success, and Expert Insights

Dubai, UAE, 6 March 2024: Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), the leading platform for wood and woodworking machinery specialists in the Middle East and North Africa, continued its remarkable journey with yet another day of insightful discussions and networking opportunities on March 6.

The exhibition at the Dubai WoodShow witnessed an impressive turnout on day 2, featuring 682 exhibitors hailing from 52 countries, with 10 country pavilions adding to the international diversity of offerings. This dynamic platform attracted a large number of visitors eager to explore the latest innovations in the wood and woodworking machinery industry.

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Business & Investments

UAE’s online shopping population touched 6.5 million in 2024

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UAE’s online shopping population touched 6.5 million in 2024, experts at Internet Commerce Summit 2024 says

E-commerce is expanding its market share in the UAE’s Dh306 billion retail sector as more and more businesses are shifting to online and omnichannel business model – as the retail sector continues to transform towards digital.

Date: Dubai, UAE; March 6, 2024

Around two million, or 20 percent of the UAE population have shifted to online shopping during the last few years – raising the online shopping population from 4.5 million in 2019 to 6.5 million in 2023, that is accelerating the growth of the UAE’s US$83.5 billion (Dh306.6 billion) retail sale, according to experts.

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