Category Archives: Business & Investments

Business & Investments

TETRA PAK MAKES FURTHER GLOBAL AND REGIONAL PROGRESS ON SUSTAINABILITY TRANSFORMATION

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TETRA PAK MAKES FURTHER GLOBAL AND REGIONAL PROGRESS ON SUSTAINABILITY TRANSFORMATION

Invested €30 million  to accelerate collection and recycling of beverage cartons

Reduced operational greenhouse gas (GHG) emissions by 39%

Building regional sustainability infrastructure through collaborations and partnerships

Riyadh, Saudi Arabia, [September 20th 2023]: Tetra Pak has published its Sustainability Report FY22[1], highlighting the company’s progress across various aspects of sustainability. Now in its 24th edition, the report demonstrates how sustainability remains core to Tetra Pak’s strategy and continues to be prioritised in decision making.

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Business & Investments

FranGlobal joins forces with Arab Franchise Expo as Market Entry Specialists for the UAE

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FranGlobal joins forces with Arab Franchise Expo as Market Entry Specialists for the UAE

Asia’s leading franchising leaders vow to globalize 100 UAE homegrown brands

Dubai, United Arab Emirates: FranGlobal, Asia’s leading franchising solutions firm, is partnering with Arab Franchise Expo to be held between 21st and 22nd September 2023 at the iconic Queen Elizabeth II in Dubai.  The event will foresee around 100-Plus Franchise Brands from 25 Countries and more than 20 Educational Seminars on Tap at Arab Franchise Expo 2023.

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Business & Investments

du and Huawei forge strategic partnership to pioneer technological innovation at DTW23 – Ignite

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du and Huawei forge strategic partnership to pioneer technological innovation at DTW23 – Ignite

Collaboration to explore and implement innovative ICT solutions, aiming to positively impact the lives of UAE residents through technological advancements.

Dubai, UAE, September 20, 2023: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with Huawei, a leading global ICT solutions provider, to explore new areas of innovation for the UAE market. The agreement was signed at DTW23 – Ignite in Copenhagen, aiming to identify possibilities where technological innovations can positively impact the lives of residents in the country, and work on implementation of these services.

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Business & Investments

Emirates NBD announces mega prize winners of Salary Transfer campaign

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Emirates NBD announces mega prize winners of Salary Transfer campaign

Campaign offered a prize pool of more than AED 1 million

Dubai, UAE, 20 September 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced the mega prize winners of its Salary Transfer campaign.

The six-month promotion offered customers the opportunity to win five mega prizes of AED 100,000, five grand prizes of AED 50,000 and 100 smartphones worth AED 5,000 each. To participate in the promotion, customers were required to open a new Salary Transfer Account, transfer their salary to the account, subscribe to a Credit Card or loan, and spend at least AED 5,000 using their Visa Debit and/or Credit Cards within 30 days of opening the account. Customers meeting these conditions within 60 days were awarded entries to the draw based on their total expenditure.

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Business & Investments

Varys Capital Seeks to Enter the GCC Market for Digital Asset Venture Investments and Quantitative Trading

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Varys Capital Seeks to Enter the GCC Market for Digital Asset Venture Investments and Quantitative Trading

  • The firm looks to raise US$75 million for blockchain innovation-focused equity fund
  • GCC’s digital asset management market is forecasted to grow 12.9% annually to 2028

UAE, 20 September 2023: Venture capital fund Varys Capital seeks to enter the GCC market, enabling institutional and qualified investors to penetrate the next digital era asset venture investment arena and leverage the firm’s quantitative trading expertise.

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