Business & Investments

2024 Q2 Outlook: UAE Market Shows Ongoing Resiliency

with Real GDP Expected to Reach 3.9% According to World Bank

Dubai, 24 May 2024-As economies navigate the interplay between global policies and inflation rates, the slightest data supporting rate cuts is fostering euphoric sentiment across the markets. Inflation rates are gradually decreasing towards their targets, leading central banks to cautiously assess their suitable rate cut dates towards the year-end.

Unlike the United States of America, Dubai’s inflation rates ticked higher in April 2024, rising from 3.3% to 3.9%. Despite this increase, the UAE’s economic growth forecasts show resiliency for the remaining quarters of 2024, with a 3.9% real GDP expectation according to the World Bank.

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Technologies

Trend Micro Protects Consumers in the Age of the AI PC

Series of solutions and initiatives to be released throughout 2024

UAE, May, 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today unveiled its plansfor protectingconsumersas they increasingly adoptgenerative AI applicationsalongside the expected growth in adoption ofAI PCs.Designed to address the unique opportunitiesand risks posed by AI,Trend’sstrategy helps consumers embrace the use of generative AI applications safelyto lower their risk of being harmed by the use andabuse of AI. In additionTrend Micro has, and will continue, to innovate usingAI in its own cybersecurity solutions and services for greater security effectiveness and efficiencies.

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Business & Investments

The 15th GPCA Supply Chain Conference in Dubai

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With Disruptions Set to Continue, Strategic Value Chain Partnerships areEssentialfor a Sustainable Future, Agree Speakers at 15thGPCA Supply Chain Conference

The prestigious annual event was held from 15-16 May 2024 at the Address Sky View Hotel, Dubai, UAE

Dubai, UAE,24May2024– With global and regional disruptions expected to continue and evolve, strategic value chain partnerships will be essential to ensure a resilient and sustainable future, agreed speakers at the 15th Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference,which took place from 15-16 May 2024 at the Address Sky View Hotel, Dubai, UAE.Held under the theme “Harnessing Connectivity for a Sustainable Tomorrow”, the prestigious annual conference hosted 320 delegates from 114 companies in 17 countries, addressing some of the most crucial themes shaping GCC chemical supply chains.

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Business & Investments

The world “Business Lady of the Year” was held at the Palazzo Versace Hotel

May 18, 2024, the legendary business summit of great women leaders from all over the world “Business Lady of the Year” was held at the Palazzo Versace Hotel under the patronage of the office of Sheikh Tahnoon bin Saeed bin Tahnoon Al Nahyan.

The Executive Director of the Sheikh’s office, Mr. Zulfiqar Ghadiyali, graced the summit with his presence along with Mrs. Mubarakka Ghadiyali, who is one of the founders of Commission of Peace at the UN University for peace, who was among the nominated of business women of the year at the event.

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Travel & Tourism

Turkish Airlines started flights to Kabul, the capital of Afghanistan.

Turkish Airlines started flights to Kabul, the capital of Afghanistan.

Having the title of “the airline that flies to more countries than any other in the world” with 346 destinations in 130 countries over 6 continents, Turkish Airlines has now started flights again to Kabul, the capital of Afghanistan, as of 21 May 2024.

Available for purchase as of 26 April 2024, Kabul flights will be operated 4 times weekly on Tuesdays, Wednesdays, Fridays and Sundays.

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