Category: Middle East/Asia

Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Mr Mohammed

TOKYO, Japan, June 22, 2024/ — Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank’s strong support to manage risks, African Development Bank Group (www.AfDB.org) leaders stressed at the Japan-Africa Business Forum in Tokyo. “Africa has huge private sector opportunities. The continent offers some of the highest returns globally,” said Prof. Kevin Chika Urama, Bank Group Chief Economist and Vice President, in a presentation highlighting Africa’s abundant renewable energy potential, and the need for strategic investments in green minerals and value…

Entrepreneur Mahmoud Bartawi on cooking up a startup success

Mr Mohammed

Mahmoud Bartawi founded Under500, a brand that was ultimately acquired by dark kitchen outfit Kitopi after raising $700m from investors Emirati serial entrepreneur Mahmoud Bartawi knows a thing or two about starting and exiting a business. In 2016, Bartawi founded Under500, a brand that pioneered selling healthy meals consisting of less than 500 calories. Fast forward to 2021 and Under500 was acquired by dark kitchen outfit Kitopi after raising $700m through investors, including SoftBank’s Vision Fund 2. In a recent interview with Gulf Business, Bartawi gives some tips to budding…

Dubai South: Final phase of South Bay project sells out in 4 hours

Mr Mohammed

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions Dubai South Properties announced the swift sell-out of the final phase of its South Bay development, located in the heart of Dubai South’s Residential District, just four hours after its market launch. The rapid sale follows the successful sell-out of all previously launched units in earlier phases, highlighting strong demand and the strategic success of the company’s project launches.The newly launched phase included 160 units consisting of three- and four-bedroom townhouses,…

CIBAFI Introduces Innovative GHG Measurement Tool to Advance Climate Action in Islamic Finance

Mr Mohammed

The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, on May 21 st, successfully conducted a webinar titled “Unveiling the CIBAFI Greenhouse Gas Measurement Tool to Strengthen the Contribution of Islamic Financial Institutions to Climate Action”. Experts in climate action and Islamic finance discussed the crucial role of Islamic banks in advancing climate initiatives. This initiative aligns with the declaration made by the Islamic Finance Infrastructure Organizations during COP28 and CIBAFI’s commitment to sustainability. The webinar introduced a groundbreaking Greenhouse Gas Measurement Tool for…

UN Tourism Empowers Women Entrepreneurs and Charts Future of Tourism Investments at AIM Congress 2024

Mr Mohammed

Dubai, UAE, 9th May 2024: UN Tourism made a resounding impact at the AIM Congress 2024 with two insightful side events, focusing on empowering women entrepreneurs and navigating tourism investments in the Middle East. The 2024 AIM Congress took place at ADNEC in Abu Dhabi from May 7-9, 2024, acting as a convergence point for global leaders, international organizations, entrepreneurs from around the world. On May 8th, UN Tourism hosted a dynamic session centered on “Investing in Innovation and Enabling Women Entrepreneurs.” The event, spearheaded by Ms. Basmah Al-Mayman, Regional…

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…

2024 AIM Congress in Abu Dhabi Sparks Conversation on Investment, with Focus on Asia and Europe

Mr Mohammed

Abu Dhabi, 9th May, 2024:: The 2024 AIM Congress, held at the Abu Dhabi National Exhibition Centre (ADNEC) from May 7 to May 9 saw an huge convergence of industry leaders, policymakers, and visionaries. The  Congress sessions were held under the Investment Track, Regional Focus Forum Track,and Investment Destination Track, fostering dialogue, collaboration, and innovative solutions to global challenges. Investment Track The “Leader’s Panel: Geopolitical Tensions 2024: New Challenges and New FDI Destinations” session brought together speakers who discussed the landscape of Foreign Direct Investment (FDI). Participants underscored the significance…

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 in Abu Dhabi Highlights Innovation, Entrepreneurship, and Financial Technology

Mr Mohammed

Abu Dhabi, UAE, 8th May, 2024: The 2024 AIM Congress, world’s leading investment platform, commenced at the Abu Dhabi National Exhibition Centre (ADNEC) with a series of dynamic sessions under the Innovation and Technology Track, SMEs Track – Entrepreneurs Investment Summit, and Future Finance Forum Track. Over three days, from May 7th to May 9th, the AIM Congress brought together visionaries and experts to explore cutting-edge developments and foster collaboration in key sectors. Innovation and Technology Track The Innovation Track at the 2024 AIM Congress brought together industry leaders, innovators,…