Category Archives: Business & Investments

2023 Excellence and Creative Engineering Award

2023 Excellence and Creative Engineering Award to Honor Winners at the Mohammed bin Rashid Library

Dubai, United Arab Emirates, 11 January, 2024: Under the patronage of Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, Supreme President of the Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, the Society of Engineers UAE is organizing a ceremony to honor the winners of the second edition of the Excellence and Creative Engineering Award 2023. The ceremony will take place next Tuesday, January 16, 2024, at the Mohammed bin Rashid Library in Dubai.

The award aims to promote and encourage a culture of excellence, creativity, and innovation, highlighting the importance of national engineering. It seeks to ignite the spirit of competition, leadership, and excellence in various engineering fields to keep pace with the rapidly growing global development.

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Thumbay Group Strengthens Corporate Governance for Transparency and 2X Growth

Thumbay Group Strengthens Corporate Governance for Transparency and 2X Growth

January 11, 2024:As part of its oversight strategy for 2024, Thumbay Group has implemented a corporate governance structure to ensure transparency and record two-fold growth in the upcoming year. The induction took place on January 10th, 2024 at its headquarters in ThumbayMedicity, Al Jurf, Ajman, and was attended by the senior management of the group.

In his keynote address, Dr. ThumbayMoideen,Founder President, Thumbay Grouphighlighted the importance of this comprehensive governance framework and its crucial role in steering the organization towards sustainable growth. “Thumbay Group has completed 25 years of operations in the UAE, and they have been very special. The new corporate governance structure in place signifies our strength for the next five-year plan – Vision 2028. We are focused on being consumer-centric and scaling our ability to run businesses that add value to people and society as a whole. Based on our well-defined growth plan, we are very keen to double the intake of students in medical education with comprehensive new programs that balance theoretical knowledge with practical training. Also, a two-fold increase in the healthcare business is envisaged, which will enable us to triple the value of the overall group by 2028 with initiatives and operational efficiency at the core. We are re-energized to create many more fabulous years of responsible and progressive operations.”

By establishing transparency as a fundamental principle, the Group aims to strengthen stakeholder confidence, cultivate a culture of accountability, and improve operational effectiveness. Additionally, it seeks to balance the interests of various stakeholders, including shareholders, management, consumers, suppliers, financiers, the government, and the community.

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Middle East Energy to Further Boost Sustainability Agenda

Middle East Energy to Further Boost Sustainability Agenda by Unveiling Advancements in Renewable Energy and Decarbonisation

  • Green energy technology, decarbonisation strategies, and regional power markets to dominate discussions between April 16-18 at Dubai World Trade Centre
  • Three dedicated stages – Leadership Summit, Technical Seminar, and Intersolar &ees Middle East Conference will intensify efforts towards accelerating global transformation

Dubai, January 102024: A keen focus on accelerating theglobal energy transformation and exploring opportunities at the cusp of thetransition towards sustainability will be the central themes at this year’s 49th edition of Middle East Energy (MEE). The annual event, which will run from April 16-18 at Dubai World Trade Centre (DWTC), is set to be its largest edition to date with more than 250speakers across three stages.

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Century Financial commodity outlook

Vijay Valecha, Chief Investment Officer, Century Financial on Crude Oil, Gold updates.

  • Crude Oil 

Record U.S. oil production sparks battle for market share with Saudi Arabia and OPEC+: U.S. oil production is back at record levels, sparking a battle for market share with Saudi Arabia as OPEC+ tries to keep global crude supplies in check.

Oil Prices Are Up. Coal Won’t Be So Lucky: Global coal production is growing healthily, making a return to 2022’s prices unlikely.

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Arada pledges its commitment as Legacy Partner for Sharjah Entrepreneurship Festival 2024 for three consecutive years

Arada pledges its commitment as Legacy Partner for Sharjah Entrepreneurship Festival 2024 for three consecutive years

Sharjah, January 10, 2023

In an effort to support entrepreneurs through a belief in their impact on the future, Arada has announced its partnership with Sharjah Entrepreneurship Festival (SEF) as a Legacy Partner for the coming three consecutive years. This continued commitment underlines Arada’s dedication to encouraging entrepreneurial talent and innovation, contributing to the growth and development of the entrepreneurial ecosystem within Sharjah, the UAE, and the broader region.

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