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AGBI
Приєднався 27 жов 2022
We are a new business news platform serving the MENA region. We’ll break important stories, provide authoritative analysis and facilitate interaction and commercial collaboration.
Inside UAE's Baqalas
Baqalas - small convenience stores - represent 81 percent of the UAE’s grocery retail outlets.
But they need to adopt technology if they are to maintain their 56 percent market share against competition from supermarkets and hypermarkets.
Watch the video to find out more.
But they need to adopt technology if they are to maintain their 56 percent market share against competition from supermarkets and hypermarkets.
Watch the video to find out more.
Переглядів: 264
Відео
How UK's new tax changes will impact Arab investors
Переглядів 2309 годин тому
The newly elected Labour government is expected to introduce a range of tax changes that will impact British expatriates living overseas, non-doms and the UK’s community of wealthy foreign investors. Tax consultants suggest that GCC investors considering selling their UK assets should do it “sooner rather than later” to escape the hikes that could significantly affect their earnings.
New sectors for UK investors to consider in the UAE as FTA talks progress
Переглядів 97День тому
The possibility of a free trade agreement between the UK and the GCC - worth as much as £1.6 billion ($2 billion) a year - should prompt UK investors to reconsider their preconceptions about the economic approach of the UAE and its fellow members of the Gulf bloc. Bradley Jones from the UK-UAE Business Council says the UAE, for example, is expanding into sectors such as life sciences, genomics ...
Dubai Humanitarian and the MENA aid challenge
Переглядів 3814 днів тому
The Mena region requires nearly $14 billion in humanitarian aid, according to the UN. Dubai Humanitarian, formerly known as International Humanitarian City, plays a vital role in bringing together aid organisations and mobilising both funds and relief to countries affected by conflicts and climate emergencies. Dubai Humanitarian sends 1,300 dispatches of aid worth up to $160 million per year, a...
Kickback culture "devalues" Dubai real estate
Переглядів 28421 день тому
Loai Al Fakir, founder and CEO of Provident Real Estate, says a lack of regulation and a culture of kickbacks, in which agents are asked to forgo commission, is damaging the real estate industry in Dubai. “When the agent’s not compensated for his efforts at work, it devalues the whole industry,” he says. “If we’re getting paid peanuts, we’re going to have monkeys.” Watch the video to find out m...
Counterfeit and vaping black market rampant in the UAE
Переглядів 169Місяць тому
Leading e-cigarette and vaping brands are calling for more regulation to tackle counterfeits, youth vaping and the environmental impact in the Middle East. Jacques Li and Lauren Huang from Elfbar told AGBI how these issues are affecting their business.
Oman’s Amouage outgrows ‘overdeveloped’ GCC market
Переглядів 302Місяць тому
Amouage, the Omani luxury perfume brand, now counts the United States as its biggest revenue generator after three years of continued growth, says Renaud Salmon, the company’s creative officer. Founded in 1983 by the Albusaidi family, Amouage recorded annual growth of 24 percent in 2023, with global retail sales doubling over the last three years. “It is one of the brands with the highest inter...
Can Bollywood Parks re-theme save Dubai Parks and Resorts?
Переглядів 135Місяць тому
The once-listed theme park company said that performance had been positive over the past two years. It went private in 2021 after it was forced to delist from Dubai’s stock market because of a lack of new funding and the impact of Covid-19. 2020 visitor numbers and revenues were down 69 percent and 71 percent respectively compared to 2019. A large reason behind this was that when the parks open...
UAE diabetics face Ozempic shortage due to weight-loss users
Переглядів 1832 місяці тому
The manufacturer of Ozempic is “troubled” by the fact the drug, which was designed to help people with diabetes, is in short supply in the UAE because of the high number of consumers using it for its weight loss side-effects. Danish pharmaceutical company Novo Nordisk introduced Wegovy, a drug meant to specifically tackle obesity, to the UAE market in November last year, in the hope of persuadi...
A look inside the first large green methanol ship
Переглядів 1,7 тис.2 місяці тому
Higher costs and undersupply remain the biggest concerns for shipping companies seeking to reduce their greenhouse gas emissions by switching to green methanol. Danish logistics company Maersk has ordered 25 vessels that can run on sustainably produced e-methanol. Its first large methanol container ship, Ane Maersk, arrived at Jebel Ali port in Dubai last week. Maersk says the ship can save up ...
Middle East's unicorn SWVL survives share slump to turn a profit
Переглядів 1062 місяці тому
Scaling back operations, chasing profitability over investor funding and divesting from acquisitions has resulted in the Middle East’s first unicorn finally turning profitable. Egypt-born ride hailing app SWVL has survived a turbulent time during which the Nasdaq-listed startup faced the possibility of being delisted. SWVL was valued at $1.5 billion when it went public in 2021 but saw its marke...
Art tokenisation remains as the NFT bubble bursts
Переглядів 622 місяці тому
A Dubai tech startup is introducing tokenisation to the art world, after the NFT bubble burst spectacularly. 10101.art aims to make investing in art accessible to all by selling digitised fragments of works by artists including Andy Warhol, Banksy and Picasso, allowing for collective ownership of a masterpiece for as little as $100 a fragment. The actual paintings are displayed in 10101.art’s g...
Why did Dubai's La Mer fail?
Переглядів 8 тис.3 місяці тому
Merex Investment is redeveloping its lifestyle beachfront destination La Mer and using its successful transformation of City Walk in Dubai as a benchmark for the revival of its failing assets. La Mer is to be renamed J1 Beach, with 13 new dining and club venues due to open in September 2024. Occupancy rates at City Walk, which the company’s chief called its “most challenging asset”, went from 4...
UAE's Borouge to treble production despite petrochemicals glut
Переглядів 3364 місяці тому
The UAE petrochemicals company Borouge is to treble annual production capacity at its $6 billion polyolefin complex, despite forecasts of an oversupply in the sector. Once completed next year, Borouge 4 will be the world’s largest single-site producer of polyolefins, plastics mainly obtained from oil and natural gas. Borouge’s CEO, Hazeem Al Suwaidi, told AGBI -On a tour of the 3 million square...
Inside the Dubai medical spa that charges AED90,000 to increase "healthspan"
Переглядів 1504 місяці тому
Clinique La Prairie opened its fifth Longevity Hub-branded spa in Dubai last month and is preparing to open a $300 million health resort in Saudi Arabia’s Amaala giga-project next year. The “medical spa” receives 60,000 clients each year from the Middle East to its luxury facility in Montreux, Switzerland for longevity and preventative medicine treatments. So it is no surprise the business is s...
Dubai's Deyaar eyes mid-segment and commercial real estate
Переглядів 3214 місяці тому
Dubai's Deyaar eyes mid-segment and commercial real estate
Vivek Oberoi: The future of diamonds is lab-grown
Переглядів 9185 місяців тому
Vivek Oberoi: The future of diamonds is lab-grown
Sovereign wealth funds: the Gulf’s biggest power players
Переглядів 4456 місяців тому
Sovereign wealth funds: the Gulf’s biggest power players
Red Sea shipping crisis drives prices up
Переглядів 1137 місяців тому
Red Sea shipping crisis drives prices up
Cop28 UAE: Highlights and key takeaways
Переглядів 1 тис.7 місяців тому
Cop28 UAE: Highlights and key takeaways
Future of Supersonic commercial jets
Переглядів 6377 місяців тому
Future of Supersonic commercial jets
A look inside the Future Investment Initiative
Переглядів 1 тис.8 місяців тому
A look inside the Future Investment Initiative
Business of Sport: Where the Middle East money goes
Переглядів 1569 місяців тому
Business of Sport: Where the Middle East money goes
Abraham Accords - 3 years on, $3 billion in trade
Переглядів 1259 місяців тому
Abraham Accords - 3 years on, $3 billion in trade
UAE streamer Starzplay is ‘not chasing Netflix’
Переглядів 6410 місяців тому
UAE streamer Starzplay is ‘not chasing Netflix’
Brics expansion could hasten move away dollar
Переглядів 13810 місяців тому
Brics expansion could hasten move away dollar
Crypto trading fuels financial crime in the UAE
Переглядів 7911 місяців тому
Crypto trading fuels financial crime in the UAE
Dubai lack public beaches, The government should think of having a lot more public areas and beaches. Not everything needs to be a shopping mall. A. typical seaside city in Europe will have a beach promenade long tens of kilometers
Completely nonsense
fuck vape just use nic patches
The Secirty gards/beach gards are really respectlos, at la mer, men don't feel free, stupid securty
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
Um...doesnt he own about half of the worlds oil and wells?
Omg
Check out a full flight on Concorde in 2002 - what a plane!!! ua-cam.com/video/H5I1Ub4sNW4/v-deo.html
AGBl,
Amslrsadmoulana looks great work member,youlookn Srilanknamegoodmee, and the best
That is disgustingly obscene while there are so many people who don't know where their next meal comes from. You show off about how it will help the economy. Huh! Heard that before. Not much will go to the economy. It will only go into already fat pockets.
I love how dedicated you are to producing awesome videos.
"Promosm" 💦
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🎊 *PromoSM*
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