Category: ECONOMY

Ghana Gears up on Cyber Resilience in the Digital Economy

Mr Mohammed

ACCRA, Ghana, May 9, 2024/ — With Africa losing US$4 billion annually to cybercrime, the aggressors of the digital realm are gaining the upper hand. GITEX AFRICA 2024 (www.GITEXAfrica.com), the continent’s largest tech and startup exhibition, taking place from 29-31 May in Marrakech, Morocco, provides a platform for leaders and executives of Africa’s tech ecosystem to share insights on cybersecurity’s crucial role in Africa’s digital economy. Cybersecurity Threats Accompany Digital Transformation As Ghana’s digital economy continues to evolve at a rapid pace, with an ever-increasing reliance on digital infrastructure, so…

Russian Investment Forum Showcases Opportunities at 2024 AIM Congress

Mr Mohammed

Abu Dhabi, 9th May, 2024: The Russian Investment Forum, held under the International Partners’ Track during the 2024 AIM Congress at the Abu Dhabi National Exhibition Centre (ADNEC), brought together key figures from Russia’s business landscape to highlight the nation’s unique opportunities for global investors. They also affirmed that Abu Dhabi’s exceptional location makes it an ideal site for establishing a global technology hub to meet the needs of various sectors. Under the esteemed session, notable speakers including Sergey Katyrin, President of the Chamber of Commerce and Industry of the…

AIM Startup and Unicorns Track: Insights and Innovation Take Center Stage at 2024 AIM Congress

Mr Mohammed

Abu Dhabi, 9th May, 2024: The 2024 AIM Congress, held at ADNEC in Abu Dhabi from May 7 to May 9, showcased a dynamic exchange of visionary ideas and strategic insights during the AIM Startup and Unicorns Track sessions. These sessions, featuring esteemed moderators and panelists, unveiled groundbreaking perspectives and transformative opportunities across various industries.  Middle East Unicorns Conclave: Unicorns and Mobility Industry Moderated by Mohamed Nagaty, the session illuminated the evolving landscape of unicorns and the mobility industry, with Mohamed Ezzat of Tech Logistics (Bosta), Salman bin Mohammed Al…

BRICS+ Business Forum at AIM Congress 2024: Key Players Discuss Reshaping Global Economic Landscape

Mr Mohammed

Abu Dhabi, 9th May, 2024: The BRICS+ Business Forum, a pivotal session of the 2024 AIM Congress, convened at ADNEC in Abu Dhabi, featuring prominent leaders and experts from the BRICS nations and beyond. Chaired by Aleksandra Burman, the session provided a platform to deliberate on crucial topics concerning global economic dynamics and trade relations among BRICS member states and their partners. The session commenced with Dawood Al Shezawi, President of the AIM Global Foundation, emphasizing the significance of AIM Congress in fostering international cooperation and formulating investment strategies. With…

2024 AIM Congress: Uniting Industry Leaders in Abu Dhabi to Explore Investment in China, Health Security, and Sustainable Agriculture

Mr Mohammed

Abu Dhabi, UAE, 8th May, 2024: The 2024 AIM Congress, held at the Abu Dhabi National Exhibition Centre (ADNEC) from May 7th to May 9th, 2024, witnessed an unprecedented convergence of industry leaders, policymakers, and visionaries. The Congress saw captivating sessions under the Universal Track and the International Partners’ Track, fostering dialogue, collaboration, and innovative solutions to global challenges. Universal Track Under the theme “Investing in an Innovative Ecosystem: Navigating Growth Through Strategic Partnerships,” the Universal Track saw China Investment Forum take place which was marked by insightful discussions and…

ECA urges African countries to adopt technological solutions to monitor their development strategies

Mr Mohammed

To bolster national planning activities, policymakers have been urged to embrace digital tools to foster greater transparency, efficiency, and effectiveness. The call to action was made during the meeting on “Leveraging Digital Technologies for Integrated Planning to Advance the SDGs and Agenda 2063 in Times of Multiple Crises”, which took place as a side event at the Tenth Session of the Africa Regional Forum on Sustainable Development (ARFSD-10). Mr Antonio Pedro, Deputy Executive Secretary of the UN Economic Commission for Africa (ECA), stressed the importance of technology in supporting development…

WCEF2024: Europe urgently needs a circular single market to safeguard economic security

Mr Mohammed

Policy makers recently convened  at the European Council,Brussels,Belgium, to find ways to strengthen the competitiveness and strategic autonomy of the EU. European leaders received an urgent demand from the World Circular Economy Forum (WCEF) 2024. The clear message from nearly 10,000 circular economy experts from around the world was that implementing circularity is crucial for securing economic prosperity and unlocking well-being by reducing the overuse of non-renewable natural resources. The forum, which took place in Brussels 15-18 April 2024, highlighted the importance of the EU’s role in accelerating the transition…

Namibia Energy Sector Needs Local Content Guidelines (By NJ Ayuk)

Mr Mohammed

WINDHOEK, Namibia, March 29, 2024/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). Namibia’s oil and gas sector is still looking forward to reaching the production phase — S&P Global analysts don’t anticipate Namibia’s first oil to come until 2029, and the country’s first gas-to-power project is scheduled to begin in 2027. Before Namibia achieves these hotly anticipated milestones, Namibian lawmakers have the opportunity to implement thoughtful, effective policy to benefit their people. Specifically, I’m talking about local content laws that will help spread future wealth among Namibians, develop…

If oil disappeared tomorrow, petroleum based-products would vanish with it(By HE Haitham Al Ghais)

Mr Mohammed

JOHANNESBURG, South Africa, March 24, 2024/ — By HE Haitham Al Ghais, OPEC Secretary General. If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight and passenger rail powered by diesel would halt. People could not get to work; children could not get to school. The shipping industry, transporting both freight and passengers, would be devastated. There would be no point calling emergency services. The majority…

President Ramkalawan announces the appointment of women professionals in key positions

Mr Mohammed

To coincide with the International Women’s Day, the President of the Republic, Mr Wavel Ramkalawan has recently appointed four women professionals in prominent positions in the administration of the country. These are: The re-appointment of the Governor of the Central Bank of Seychelles, Ms Caroline Abel, the new Principal Secretary for Finance, Ms Astride Tamatave, the new Commissioner General of the Seychelles Revenue Commission (SRC) Mrs Varsha Singh, and also the appointment of the Chief Executive Officer of the National Bureau of Statistics, Mrs Li Fa Cheung Kai Suet. Governor of the Centrel Bank, Ms…