Category Archives: Business & Investments

GCC IS SET FOR NEXT PHASE OF ICV

GCC IS SET FOR NEXT PHASE OF ICV

Efficio says countries in the Gulf region will need to look to ICV programmes to maximise economic and human capital development in a post-oil future

Dubai, United Arab Emirates. 5 September 2023: GCC countries are set for a crucial 12 months in progressing their In-Country Value (ICV) programmes as the public and private sectors join together in increasing diversification away from oil and gas.

In-Country Value (ICV) programmes were initially created to increase workplace nationalisation – ensuring that investment was channelled into the development of a country’s own talent pool and resources.

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HE Dr Thani Al Zeyoudi leads UAE delegation to Jakarta to deepen ties with ASEAN region

HE Dr Thani Al Zeyoudi leads UAE delegation to Jakarta to deepen ties with ASEAN region

  • UAE Minister of State for Foreign Trade meets government officials from Indonesia, Cambodia, Malaysia, Timor-Leste and the Philippines
  • Non-oil trade between UAE and ASEAN reached US$15.3 billion in H1 2023
  • HE Al Zeyoudi: “As the economic center of gravity continues to shift eastwards, the UAE and ASEAN can form a powerful new corridor of opportunity”
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Dubai World Trade Centre to conclude its 2023

Dubai World Trade Centre to conclude its 2023 events calendar with strong line-up of industry-leading MICE events

  • Over 100 business and consumer events, representing impressive year-on-year growth
  • Industry leading, events include GITEX Global, WETEX, Gulfood Manufacturing, ArabLab+, Automechanika, Beautyworld, Big 5 Global, World Radiocommunications Conference and more

Dubai, United Arab Emirates, 5 September 2023: Dubai World Trade Centre (DWTC) continues to connect global business communities by organising and hosting internationally recognised meetings, exhibitions and conferences, as it gears up for what is anticipated to be one of the city’s busiest events seasons, reinforcing Dubai’s position as a global hub for business tourism. DWTC today announced the events line-up for the last quarter with over 100 business and consumer events spanning vital sectors including technology, sustainability, food and beverage, healthcare, green economy, among others.

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J.P. Morgan Payments selects Network International as strategic partner to drive payments acquiring in the Middle East

J.P. Morgan Payments selects Network International as strategic partner to drive payments acquiring in the Middle East

UAE, 04 September, 2023: Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a partnership with J.P. Morgan Payments to strengthen the bank’s acquiring offering.

J.P. Morgan Payments operates in over 160 countries and over 120 currencies and is one of the leading merchant acquirers globally by volume of transactions.

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Farnek signs partnership agreement with Neutral Fuels

Farnek signs partnership agreement with Neutral Fuels to reduce carbon emissions of its transport fleet 

Leading UAE-based smart and green facilities management (FM) company Farnek, has signed a partnership agreement with Dubai headquartered Neutral Fuels to reduce the amount of carbon emissions generated by its transport fleet.

Farnek has made a commitment to transition to Neutral Fuels’ B7 blend biodiesel which saves 6.14% of carbon emissions in comparison to using regular diesel. So, for every 100,000 litres of B7 biodiesel used there is a saving of 21,170 kilograms of CO2e.

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