Category Archives: Business & Investments

Innovation and Evolution Take CenterStage at Upcoming SME Conference

Innovation and Evolution Take CenterStage at Upcoming SME Conference

Inaugural Edition of ENGAGE Powered by BOUNZ Promises Packed Agenda of Insight, Case Studies, and Inspiration

Dubai, United Arab Emirates

BOUNZ announced today that is hosting a first in a series of high-level conferences dedicated to SMEs in Dubai later this month.

The UAE based lifestyle loyalty program that counts the likes of Choithrams, Emirates Draw, Al Jaber Optical and Joyalukkas as partners, will host the first ENGAGE powered by BOUNZ gathering on 27th September 2023 at the Address Dubai Mall.

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Swipe2B’s Payment Solution Processes $2 Billion of B2B Supplier Payments in the UAE

Swipe2B’s Payment Solution Processes $2 Billion of B2B Supplier Payments in the UAE

21 September 2023, Dubai – Swipe2B, a leading payment solutions provider headquartered in the UAE, surpasses $2 billion of B2B supplier payments. The solution unlocks liquidity and facilitates early payments for both buyers and suppliers.

As the economic hub of the Middle East, the UAE boasts a thriving business ecosystem and Swipe2B has emerged as a catalyst for growth and efficiency. The company’s innovative payment solution has redefined how businesses pay and get paid, providing an array of benefits for both buyers and suppliers across the UAE.

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Meaningful strategies to amplify Emirati representation in private sector: Al Rostmani Group

Meaningful strategies to amplify Emirati representation in private sector: Al Rostmani Group

Ru’ya Careers Fair 2023: A Confluence of Government and Industry Voices on Emirati Employment in the Private Sector

Dubai, UAE – September 21, 2023 –The reputable job fair “ Ru’ya” 2023,served as a collaborative platform for government and industry leaders, such as Al Rostamani Group, to discuss meaningful strategies to amplify Emirati representation in the private sector.

The ‘Ru’ya 2023 – Careers UAE Redefined’, a 3-day event which concluded at the Dubai World Trade Centre on Thursday, highlighted an array of career possibilities, attracting a diverse audience, from high school diploma holders to specialised professionals, underlining the depth and breadth of opportunities available to Emiratis in the modern workforce.

The 22ndRu’ya fair featured more than 100 organisations offering opportunities to job seekers in both the public and private sectors. More than 15,000 Emirati job hunters are expected to attend the 3-day career fair, according to the organisers.

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Yahsat awarded AED 18.7 billion [USD 5.1 billion] satellite capacity and managed services mandate by the UAE Government

Mandate covers capacity andmanaged services for 17 years underpinned by the design, procurementand commissioning of advanced space and ground systems.

 

Abu Dhabi, United Arab Emirates, 22September 2023: Al Yah Satellite Communications Company PJSC (“Yahsat”or the “Group”),the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange(”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today that its government services arm, Yahsat Government Solutions (“YGS”),has received from the UAE Government (the “Government”), an Authorization to Proceed (“ATP”) to provide satellite capacity and managed services for 17 years.This mandate, valued at AED 18.7 billion (USD 5.1 billion), combines related operations, maintenance and technology management services of ground segment satellite systems and terminals currently provided under a separate contract.

The mandate will replace two current agreements, the Capacity Services Agreement (“CSA”) and the Managed Services Mandate (“MSM”), which come to an end in November and December 2026, respectively. Under the new mandate Yahsat will provide the Government with secure and reliable satellite capacity and related managed services using the Al Yah 1 and Al Yah 2 satellites, currently in orbit, and supplement this by two new satellites ,Al Yah 4 (“AY4”) and Al Yah 5 (“AY5”) which are expected to be launched in 2027 and 2028, respectively.

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H.E. Abdulla bin Touq al Marri unveils key pillars for transforming UAE food and agriculture sector into global power 

The minister praised the success of the UAE’s F&B sector in building the digital infrastructure through the UAE Food Platform to streamline public-private collaboration in food security and optimising the F&B ecosystem

Dubai, United Arab Emirates; 22 September 2023:

The UAE Minister of Economy, H.E. Abdulla bin Touq al Marri, affirmed the UAE’s commitment to transforming its food and agriculture sector to grow its contribution to GDP by $10 billion and creating 20,000 jobs in the next five years and unveiled the seven key pillars of the strategic direction in achieving it. The key strategies include localising innovation, fostering a UAE-first culture and food supply chain, and providing farmers with the necessary support and resources to make them a global leader in agri-food innovation and sustainability.

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