Category Archives: Business & Investments

Business & Investments

CEO Clubs Marks 18 Years of Excellence in the UAE

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CEO Clubs Marks 18 Years of Excellence in the UAE

Dubai, UAE – February 7, 2024: CEO Clubs celebrated a significant milestone as they marked 18 years of excellence on February 7th, 2024, at the Metropolitan Hotel in Dubai. The esteemed event was graced by the Patron and Royal Family Member, His Highness Sheikh Juma Bin Maktoum Juma Al Maktoum, alongside 70+ members including global leaders, diplomats, VIPs, and esteemed guests.

Reflecting on the journey spanning nearly two decades, CEO Clubs commemorated moments of family, leadership, global connections, business opportunities, friendship, learning and vision. Dr. Tariq Nizami, Founder & CEO of CEO Clubs Network, reminisced about the organization’s inception in 2006, highlighting pivotal milestones such as EXPO2020, COP28, Burj CEO Awards, and more. Dr. Tariq passionately stated, “As we reflect on our 18-year journey, we stand proud of the transformative impact CEO Clubs has had on fostering global connections  and business excellence.”

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Business & Investments

Breakbulk Middle East opens with massive industry participation 

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Breakbulk Middle East opens with massive industry participation 

The in-person event received the support of leading industry players, and aims to elevate the region’s breakbulk and project cargo sector

Dubai, United Arab Emirates – 13th February 2024: Held under the patronage of the UAE Ministry of Energy and Infrastructure, the 2024 edition of Breakbulk Middle East opened its doors at the Dubai World Trade Centre. Registering an increase in visitors, the region’s leading breakbulk and project cargo event witnessed strong interest from industry professionals. The massive participation also indicated the industry stakeholders’ keenness to be a part of a well-knit network that has been instrumental in fuelling the growth of the sector in the past few years.

In addition to reuniting the sector under one roof, the event’s agenda is strategically prepared to reinforce the growth of the sector, and bolster the region’s economy. Day one of the exhibition and conference incorporated discussions on opportunities that lie in the MENA region, most significant projects in the pipeline, latest trends, potential to tap into new markets, and digitalisation.

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Business & Investments

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

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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.

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Business & Investments

Invictus Investment Company announces record results for full-year 2023

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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.
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Business & Investments

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

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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.

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