Euromonitor webinar assesses prospects for global travel and tourism

يورومونيتور إنترناشيونال تقيم ندوة عبر الإنترنت

 Euromonitor International – the leading market research firm – will host a webinar with WTM Global to discuss the prospects for the global travel and tourism market. Called ‘Travel Industry Update with Euromonitor 2021’, the webinar will feature Caroline Bremner, Head of Travel and Tourism Research at Euromonitor International. The virtual event will take place on 25th March, 2021, starting at 6pm GST (2pm GMT) on WTM Global Hub [www.hub.wtm.com] With almost 25 years of experience at Euromonitor International, Bremner is a regular commentator on trends for World Travel Market. She…

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

USD Income Fund generates an annual return of 8% while USD Mutajara Fund registers healthy 5% returns Jeddah, Saudi Arabia, March 24, 2021, (AETOSWire) – Sidra Capital, a Shari’ah compliant asset management firm headquartered in Jeddah, Saudi Arabia and regulated by the Capital Market Authority (CMA), has announced healthy annual returns on two of its US Dollar-denominated funds: the USD Income Fund, which generated above-target returns of 8%, and the US Dollar Mutajara Fund, which met its targeted return of 5% for 2020. The returns are especially impressive in light…

EMIRATES RED CRESCENT FORTIFIES REMOTE LEARNING AND OTHER HUMANITARIAN INITIATIVES WITH YAHSAT’S SATELLITE SERVICES

الهلال الأحمر يوقع مذكرة تفاهم مع الياه سات

Emirates Red Crescent Authority signs Memorandum of Understanding (MoU) with Yahsat to use advanced satellite communication solutions from the operator. The MoU is part of the Authority’s initiatives for the ‘Year of the 50th.’  Emirates Red Crescent Authority has signed a Memorandum of Understanding (MoU) with the UAE’s primary satellite services operator, Yahsat, today at their headquarters in Abu Dhabi. Under the agreement, both organizations will work together to ensure disadvantaged and vulnerable students have access to quality education through the provision of advanced satellite communication solutions. Yahsat’s resources will…

ME spend on international leisure travel to exceed pre-COVID levels by 10% in 2024

YouGov and Tourism Economics survey for ATM 2021 says 47% of total 2019 ME travel spend went on international leisure trips 37% of total ME travel budget was spent on domestic leisure travel in 2019, which will be exceeded this year Domestic & short-haul travel will lead the recovery According to a recent YouGov survey, commissioned by Reed Exhibitions, the organiser of Arabian Travel Market (ATM) 2021, the amount of money that Middle East travellers spend on international leisure travel, will begin to exceed 2019 pre-COVID levels, in as little…

Provence (South of France region) is boosting efforts

منطقة البروفانس (جنوب فرنسا) تعزز جهودها لتطوير التعاون الثنائي

Provence (South of France region) is boosting efforts to develop bilateral cooperation with economic stakeholders in the Middle East Part of the economic dialogue between France and the United Arab Emirates Keynote speech from Port of Marseille-Fos during the UAE-France Business days  As part of the UAE-France Business Days that will be held from 22 to 24 March to strengthen trade links between the United Arab Emirates and France, Aix-Marseille-Provence – the #2 French metro area – will promote its advantages to economic stakeholders in the Middle East. In the…

confiscate AED10.5 million worth of counterfeit car parts in 2020

ضبط قطع غيار مزيّفة للسيارات بقيمة 10.5 مليون درهم في عام 2020

Al-Futtaim Toyota and UAE government authorities confiscate AED10.5 million worth of counterfeit car parts in 2020 Al-Futtaim Toyota conducted 21 raids with UAE government authorities, as well as training more than 400 officials across 2020 Al-Futtaim Toyota, part of Al-Futtaim Automotive, in collaboration with UAE government authorities and the Economic Development Department, conducted 21 raids for counterfeit parts during 2020. The raids included checks across retail shops in all seven Emirates, demonstrating the Al-Futtaim company’s and the governments continued commitment towards customer safety. The raids resulted in over 300,000 counterfeit…

Ajman Bank’s IT Head Wins CXO Award 2021

رئيسة قسم تكنولوجيا المعلومات في مصرف عجمان تفوز بجائزة CXO لعام 2021

Ajman Bank’s Head of Information Technology Ms. Hajar Al Maazmi has been announced as one of the winners of the prestigious CXO 50 Awards 2021. Hosted by CXO Insight Middle East this year’s award was organised to recognise top 50 IT leaders and industry professionals who have taken the reins during the COVID-19 crisis to shape the new normal. Congratulating Ms Al Maazmi, Mr. Mohamed Amiri, CEO of Ajman Bank, stated, “The CXO Award is designed to honor innovative and forward-thinking IT leaders whose actions have had an impact on…

ADIDAS LAUNCHES THE FIRST GLOBAL FLAGSHIP STORE IN THE REGION

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Dubai will be home to the first adidas flagship store across the Middle East, India and Africa, located in The Dubai Mall The flagship will be the most digitally connected adidas store in the Middle East with over 60 consumer-facing digital touchpoints, as well as the most sustainable adidas store in the region, offering shoppers a unique and re-imagined phygital experience with innovation at its core A bespoke line up of in-store services including MakerLab and Crep Protect sneaker cleaning services will be offered within the space First in the…

Dubai customs & Ministry of economy inaugurate second international innovation forum

Dubai – 26 February 2021: Within its efforts to spread a culture of innovation, and as part of its participation in the UAE Innovation Month (21-27 Feb), Dubai Customs inaugurated the 2nd International Innovation, a joint initiative by the Ministry of Economy and Dubai Customs for the second consecutive year. The forum aims to provide a periodic platform for innovators and inventors from inside and outside the country to interact with the relevant authorities from research centers, business incubators and private sector companies. The forum will host dialogue and discussion…

District 2020: Curating a Global Innovation Ecosystem as the Future of Expo 2020 Dubai

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The future of Expo 2020 will support the growth of the UAE’s innovation economy by curating a global innovation-driven business ecosystem that embraces technology and a human-centric focus, and brings together UAE, regional and global players Dubai, United Arab Emirates, 24 February 2021 – District 2020, as the human-centric smart city evolving from Expo 2020 Dubai, has announced a number of key partnerships that will contribute to the curation of its innovation ecosystem and its start-up community, coinciding with the annual UAE Innovation week known as UAE Innovates 2021.  During…