Business - CEO Weekly

February 26, 2024

An entrepreneur from the United Arab Emirates established an eco-friendly cutlery business utilizing fallen date palm leaves.

An Emirati entrepreneur has harnessed fallen date palm tree leaves to create environmentally friendly cutlery. Lamis Al Hashimy’s company, Palmade, transforms discarded date palm tree leaves into compostable cutlery, offering a sustainable solution that contributes to tree nourishment. Palmade’s production process involves grinding the fibrous leaves into powder, blending them with extracts like sugar cane, […]

by subisha

February 25, 2024

Philippines Pursues Fisheries and Agriculture Agreements at WTO Summit in Abu Dhabi.

The Philippines anticipates that ministers from the World Trade Organization (WTO) will reach agreements concerning the vital fishing and agriculture sectors, aiming to address sustainability and food security, revealed a government official. Alfredo Pascual, the Philippine Trade and Industry Secretary, expressed optimism that any agreements reached would bolster one of Southeast Asia’s burgeoning economies. He […]

by subisha

February 25, 2024

The UAE allocates $10 million to bolster initiatives of the World Trade Organization.

Abu Dhabi: Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, disclosed on Saturday that the UAE pledged a $10 million grant to support various pivotal initiatives of the World Trade Organization (WTO). The announcement comes as the UAE hosts and presides over the WTO’s 13th Ministerial Conference (MC13) in Abu Dhabi from February […]

by subisha

February 25, 2024

Egypt’s Biggest Foreign Direct Investment: UAE’s Historic $35 Billion Agreement.

A landmark agreement was signed on Friday between a UAE consortium, led by ADQ, a sovereign investment fund headquartered in Abu Dhabi, and Egypt, marking a historic $35 billion investment in Ras El-Hekma, the largest foreign direct investment (FDI) ever secured by Egypt. Under the terms of the agreement, ADQ, a prominent holding company in […]

by subisha

February 23, 2024

Expanding Abroad: Dubai’s Restaurant Scene Takes UAE Dining Global.

Dubai’s vibrant dining landscape, renowned for its diverse culinary offerings, is now making waves on the global stage as some of the city’s favorite eateries expand their footprint overseas. This trend underscores the emergence of UAE restaurants as formidable contenders in the global culinary arena, sharing their distinctive flavors with gastronomy enthusiasts worldwide. Leading the […]

by subisha

February 23, 2024

Yuze Set to Introduce Groundbreaking SME Banking Solution in the UAE.

Dubai, United Arab Emirates, February 23, 2024 –(PR.com)– Yuze, a fintech company based in the UAE, is poised to introduce business accounts tailored to serve up to 1 million small and medium-sized enterprises (SMEs) and independent professionals across the region. Yuze will provide customers with business accounts and debit cards through Zand Bank, coupled with […]

by subisha

February 23, 2024

UAE and Kenya Conclude Negotiations on Comprehensive Economic Partnership Agreement.

Riyadh: The UAE and Kenya have finalized negotiations on a trade agreement aimed at enhancing investment flows in logistics, healthcare, and travel and tourism between the two nations. According to a press release, the Comprehensive Economic Partnership Agreement will improve market access for businesses on both ends. Investments in infrastructure and ICT sectors are expected […]

by subisha

February 23, 2024

The UAE’s latest payment initiative, Aani, aims to encourage over 400,000 SMEs to transition from cash to digital transactions.

Dubai: UAE consumers, spanning across generations from Gen Zs to Millennials and beyond, are increasingly embracing digital transactions, while larger enterprises have long adopted digital payment methods. Now, the focus is on urging the significant base of SMEs in the UAE to expedite their transition from cash to digital payments. This is where the recently […]

by subisha

February 22, 2024

Conference Facilitates Flourishing Business Opportunities Between Pakistan and the UAE.

Envision a bridge not constructed of steel or stone, but rather built upon ambition and partnership, spanning the sandy expanses between Pakistan and the United Arab Emirates. This symbolic bridge, conceived during the Pakistan Middle East Trade Development Conference 2024 in Dubai, heralds the dawn of a new era brimming with trade prospects for Pakistani […]

by subisha

February 22, 2024

In Paris, the UAE-France Business Council Sparks Collaboration on Clean Energy.

The second plenary meeting of the UAE-France High-Level Business Council was co-chaired by H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Mr. Patrick Pouyanné, CEO of TotalEnergies, in Paris. Joined by H.E. Bruno Le Maire, French Minister of Economy, Finance, and Digital Sovereignty, both sides reaffirmed their commitment to […]

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