International trade

“GigaFarm” capable of replacing 1% of UAE food imports set for construction in Dubai Food Tech Valley

Retrieved on: 
Wednesday, December 6, 2023

DUBAI, United Arab Emirates, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Food Tech Valley has signed an agreement at COP28 with ReFarmTM to start construction on a 900,000 sq. ft. game-changing “GigaFarm”. The innovative waste-to-value farm will be capable of recycling more than 50,000 tonnes of food waste and growing two billion plants each year.

Key Points: 
  • DUBAI, United Arab Emirates, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Food Tech Valley has signed an agreement at COP28 with ReFarmTM to start construction on a 900,000 sq.
  • The innovative waste-to-value farm will be capable of recycling more than 50,000 tonnes of food waste and growing two billion plants each year.
  • Capable of growing more than three million kilos of produce annually, the site will support the UAE’s move towards decarbonising food production, replacing 1% of the country’s fresh produce imports.
  • Construction is due to begin in mid-2024, with the site expected to be fully operational by 2026.

The UAE Pavilion Hosts Dialogues Around Actionable Energy Solutions in Alignment With Cop28 Energy Day

Retrieved on: 
Wednesday, December 6, 2023

The conversations and commitments on Energy Day underscore the UAE’s commitment to pioneering advancements in renewable energy and highlight the importance of steering a global transition to climate-smart energy solutions.

Key Points: 
  • The conversations and commitments on Energy Day underscore the UAE’s commitment to pioneering advancements in renewable energy and highlight the importance of steering a global transition to climate-smart energy solutions.
  • The Global Manufacturing and Industrialisation Summit (GMIS) announced two significant efforts - a World Industrial Day and a Climate Action Initiative - at their milestone COP28 special event.
  • The program explored innovative strategies and solutions to revolutionize the way we manage and optimize energy consumption.
  • For more information about the pavilion and the schedule of events taking place, please visit the UAE Ministry of Climate Change and Environment Website , and the COP28 Website

SBA Announces Biden-Harris Administration’s Progress in Small Business Lending with End-of-Year Capital Program Numbers

Retrieved on: 
Tuesday, November 21, 2023

Under the Biden-Harris Administration, the SBA experienced another banner year of lending with increases in its microloan program, as well as its flagship 7(a) Loan Program — the agency’s primary vehicle for providing funding to small businesses.

Key Points: 
  • Under the Biden-Harris Administration, the SBA experienced another banner year of lending with increases in its microloan program, as well as its flagship 7(a) Loan Program — the agency’s primary vehicle for providing funding to small businesses.
  • In Fiscal Year 2023, the SBA transformed its lending and investment programs and expanded its capital partners to deliver nearly $50 billion in startup, growth, and recovery capital, as well as surety bonds, including more small business lending to people of color, women, and veterans.
  • The SBA also made strides in its ongoing efforts to close persistent gaps in capital, particularly for entrepreneurs from underserved communities.
  • In FY23, the SBA continued to innovate and retool its programs, while deepening outreach efforts to business owners across the nation, particularly those from underserved communities.

Record-Breaking Achievement: WI Scholar Summit Marks a New Era in Asian Financial Literacy with Over 1,000 Graduates

Retrieved on: 
Monday, November 20, 2023

WI Scholar Summit celebrates its first Financial Quotient Professional Course graduates, over 1000 individuals transformed by financial education!

Key Points: 
  • WI Scholar Summit celebrates its first Financial Quotient Professional Course graduates, over 1000 individuals transformed by financial education!
  • The summit has officially commenced at the Malaysia International Trade and Exhibition Centre (MITEC), running from October 26-28,2023.
  • At the "WI Scholar Summit," the WCEI Academy made history, recognized by the Malaysian Book of Records for the largest financial quotient convocation for entrepreneurs.
  • Central to the "WI Scholar Summit" is financial freedom as a cornerstone of personal and national prosperity, strongly backed by Malaysia's Prime Minister Datuk Seri Anwar Ibrahim.

International Trade in the Vape Sector: Focus on Asia, the US and Europe - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 19, 2023

The "International Trade in the Vape Sector: Focus on Asia, the US and Europe" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "International Trade in the Vape Sector: Focus on Asia, the US and Europe" report has been added to ResearchAndMarkets.com's offering.
  • China has a strong position as the leading manufacturer of e-cigarette products, generating nearly 90% of the market's $11.1bn total export value in 2022.
  • National policies and reporting systems across different regions continue to evolve, presenting ongoing challenges and opportunities in the sector.
  • This report draws a broad overview of trade flows and identifies prevailing trade trends within the global e-cigarette industry.

Luxury Carrier STARLUX Airlines Expands US Network; Celebrates Inaugural San Francisco to Taiwan Flight and its Second U.S. Destination

Retrieved on: 
Monday, December 18, 2023

Taiwan-based luxury carrier STARLUX Airlines expands its U.S. network with its December 16 launch of nonstop flights from San Francisco to Taipei.

Key Points: 
  • Taiwan-based luxury carrier STARLUX Airlines expands its U.S. network with its December 16 launch of nonstop flights from San Francisco to Taipei.
  • The launch of its second US destination and SFO-TPE route marks the culmination of a remarkable series of milestones for STARLUX.
  • STARLUX now flies one of its four next-generation A350 thrice weekly between San Francisco International Airport (SFO) and Taiwan Taoyuan International Airport (TPE).
  • We launched our inaugural transpacific flight to Los Angeles in April, and now celebrate our second US destination, San Francisco,” said STARLUX CEO Glenn Chai.

UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28

Retrieved on: 
Tuesday, December 5, 2023

The Ministry of Economy, in partnership with global fintech company Capital.com and leading Vietnamese electric vehicle producer VinFast, has hosted the Sustainable Trade Forum at COP28 in Dubai’s Expo City.

Key Points: 
  • The Ministry of Economy, in partnership with global fintech company Capital.com and leading Vietnamese electric vehicle producer VinFast, has hosted the Sustainable Trade Forum at COP28 in Dubai’s Expo City.
  • A key component of the first ever Trade Day at a Conference of the Parties, the forum brought together global business and investment leaders to offer private-sector perspectives on global trade and its role in shaping a more climate-friendly economy.
  • During the panel discussions, Le Thi Thu Thuy, Global CEO of Vinfast highlighted how electrified mobility can play a leading role in building sustainable supply chains.
  • As we look to the future, the integration of EVs into global value chains offers a powerful strategy in our transition to a more sustainable and resilient economy."

Record-Breaking Achievement: WI Scholar Summit Marks a New Era in Asian Financial Literacy with Over 1,000 Graduates

Retrieved on: 
Saturday, November 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231112020841/en/
    WI Scholar Summit celebrates its first Financial Quotient Professional Course graduates, over 1000 individuals transformed by financial education!
  • (Photo: Business Wire)
    The summit officially commenced at the Malaysia International Trade and Exhibition Centre (MITEC), running from October 26-28, 2023.
  • At the WI Scholar Summit, the WCEI Academy made history, recognized by the Malaysian Book of Records for the largest financial quotient convocation for entrepreneurs.
  • Central to the WI Scholar Summit is financial freedom as a cornerstone of personal and national prosperity, strongly backed by Malaysia's Prime Minister Datuk Seri Anwar Ibrahim.

WestJet adds direct connectivity between Seoul and Calgary to summer 2024 schedule

Retrieved on: 
Thursday, December 14, 2023

In celebration of the new route to Asia, WestJet has introduced a contest for a chance to win a round-trip flight for two from any Canadian WestJet destination to Seoul.

Key Points: 
  • In celebration of the new route to Asia, WestJet has introduced a contest for a chance to win a round-trip flight for two from any Canadian WestJet destination to Seoul.
  • In addition to launching service between Calgary and Seoul, WestJet has also introduced enhanced connectivity between its global hub in Calgary and Tokyo's Narita International Airport this summer, with frequency expanding to daily service.
  • "The direct connection to Incheon presents a significant opportunity for WestJet Cargo, encompassing both exports and imports.
  • "Alberta's government is thrilled that WestJet continues to expand their reach into the Indo-Pacific with a direct route from Calgary to Seoul.

This Chinese Higher Education Institution Founded Inside an Industrial Park is Accelerating Its Cultivation of Cross-Border E-Commerce Talents

Retrieved on: 
Thursday, December 14, 2023

The RCEP Industrial College of Cross-border E-commerce is located inside the Nanning Comprehensive Bonded Zone in Guangxi Zhuang Autonomous Region, and is well-known as China's first cross-border e-commerce industrial college established inside an industrial park.

Key Points: 
  • The RCEP Industrial College of Cross-border E-commerce is located inside the Nanning Comprehensive Bonded Zone in Guangxi Zhuang Autonomous Region, and is well-known as China's first cross-border e-commerce industrial college established inside an industrial park.
  • It was jointly founded by the Guangxi International Business Vocational College (GXIBVC) and Guangxi Tus-Innovation Cross-border E-commerce Co., Ltd. (TusCBEC) in September 2020.
  • "The college works with partners such as cross-border e-commerce platforms, cross-border e-commerce enterprises and third-party service companies to jointly study and formulate talent cultivation programs and design and develop curriculum.
  • At present, the school is speeding up its pace in the cultivation of cross-border e-commerce talents.