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London Set to Host Second Annual Global Wealth Conference, Driving Positive Change

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London Set to Host Second Annual Global Wealth Conference, Driving Positive Change

London, UK – April 30, 2024 – The Sovereign Wealth Fund Institute (SWFI) is proud to announce the return of the Global Wealth Conference (GWC) to London for its second consecutive year from May 28-30, 2024. Building upon the resounding success of the inaugural event, GWC 2024 will once again bring together a distinguished array of industry leaders to share their expertise across various domains.

Commenting on the UAE’s participation, Lakshmi Narayanan, Chairman of SWFI stated, “The UAE is committed to fostering sustainable growth and innovation on a global scale. We look forward to engaging with like-minded individuals and organizations at the Global Wealth Conference to explore new avenues for collaboration and investment.”

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Business & Investments

India’s economic trajectory is poised for substantial growth

Written by Abbas Shah, freelance writer at Milabalyawmi

India’s economic trajectory is poised for substantial growth, with estimates from 6.5 percent increase in the fiscal year 2024-25, reaching 7 percent by 2026. Data from the quarter ending September showcased a robust 7.6 percent year-on-year expansion, positioning India as an enticing foreign investment destination set to surpass China’s growth forecast.

Even the IMF’s conservative projections anticipate India emerging as the world’s third-largest economy by 2027, surpassing Japan and Germany, with a GDP exceeding US$5 trillion. This economic momentum is bolstered by resilient growth and favorable demographics, as India boasts the world’s largest young population with a median age of 28.2 years.

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“Art of Living Mall” launches major discount initiative in response to the weather depression in Dubai

“Art of Living Mall” launches major discount initiative in response to the weather depression in Dubai

Dubai, United Arab Emirates, April 29, 2024:

Amid the challenging weather conditions recently experienced in Dubai due to the severe low pressure, “Art of Living Mall”, a leading center in the field of furniture and home decor, announced the launch of a community initiative offering exceptional discounts of up to 75% on a wide range of home furnishings, children’s rooms, and accessories, in addition to discounts on bills.

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Business & Investments

ECI Highlights Growth and Sustainability in Global Trade Finance at the Berne Union Spring Meeting in Oslo

ECI Highlights Growth and Sustainability in Global Trade Finance at the Berne Union Spring Meeting in Oslo

  • H.E. Raja Al Mazrouei: We are developing innovative solutions to support exports and global trade by employing big data and artificial intelligence

Dubai, United Arab Emirates; 29 April 2024: 

Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, participated in the Berne Union Spring Meeting held in Oslo, Norway, from 23rd to 25th April, which explored the ECAs’ role in a rapidly changing global trade landscape and in fostering international trade. At the meeting, ECI highlighted the crucial role of strategic partnerships in mitigating risks and bolstering national economies.

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Carrefour Supports UAE’s National Nutrition Strategy by Rewarding Healthier Choices With the ‘Choose Better’ Programme

Carrefour Supports UAE’s National Nutrition Strategy by Rewarding Healthier Choices With the ‘Choose Better’ Programme

  • Carrefour aligns with the UAE government’s National Nutrition Strategy, aimed at improving health and wellness countrywide, by launching a rewards programme that encourages the consumption of fresh fruits and vegetables.

Dubai, United Arab Emirates, 29 April 2024: Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in the UAE, aims to address the National Nutrition Strategy’s concern that only 17 per cent of adults meet the recommended daily intake of fruits and vegetables. Having identified accessibility, affordability, and appeal as the main barriers to healthier eating, Carrefour aims to tackle this “green gap” by rolling out the ‘Choose Better’ programme across all its stores in the country.

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