Category Archives: Business & Investments

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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Business & Investments

Publicis Groupe Middle East and SCAI collaborate to drive digital transformation in the Kingdom

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Publicis Groupe Middle East and SCAI collaborate to drive digital transformation in the Kingdom

Riyadh, Saudi Arabia, 6 March 2024 – Publicis Groupe Middle East, a regional leader in marketing, communications and digital business transformation has entered into a Memorandum of Understanding (MOU) with the Saudi Company for Artificial Intelligence (SCAI), a wholly owned entity of the Public Investment Fund (PIF), aimed at advancing and accelerating transformative solutions across the Kingdom and wider region. 

To mark this partnership, a signing ceremony took place at LEAP 2024 in the presence of Nigel Vaz, CEO of Publicis Sapient and member of theDirectoire+ (Executive Committee) of Publicis Groupe, Bassel Kakish, CEO of Publicis Groupe Middle East, and Abdullah AlJawini, Chief Investment and Partnerships Officer of SCAI.

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Business & Investments

Joyalukkas Receives Prestigious Recognition for Excellence in Gold Jewellery at Retail Jeweller World Awards, ME

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Joyalukkas Receives Prestigious Recognition for Excellence in Gold Jewellery at Retail Jeweller World Awards, ME

Dubai, UAE, February, 2024 – Joyalukkas, the globally renowned jewellery brand, has added another feather to its cap by winning the prestigious ‘Gold Jewellery Of The Year, 2024’ award for the Middle East. This accolade was presented at the Retail Jeweller World Awards, a prestigious event in the jewellery industry. The award that took place on 27th February, 2024 and was attended by stalwarts of the Jewellery industry in the Middle East.

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Business & Investments

UAE Accountability Authority awarded with Corporate Ethical Procurement and Supply Certification from the Chartered Institute of Procurement and Supply

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UAE Accountability Authority awarded with Corporate Ethical Procurement and Supply Certification from the Chartered Institute of Procurement and Supply

Ethical procurement lies at the forefront of supply chain processes

Abu Dhabi, UAE; March 6, 2024: The UAE Accountability Authority(UAEAA) recently obtained certification in Corporate Ethical Procurement and Supply fromthe Chartered Institute of Procurement and Supply(CIPS). All procurement and supply management staff at UAEAA completed training in ethical procurement and supply management and passed a test in fraud, corruption, bribery, and environmental concerns.

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