MENASA

Breaking Barriers: GNB Swiss Investments AG and Reltime introduce World's First Geographically Unrestricted Cross-Border Payments Platform

Retrieved on: 
Monday, August 21, 2023

The collaboration between GNB Swiss and Reltime signifies a significant leap forward in the realm of international transactions.

Key Points: 
  • The collaboration between GNB Swiss and Reltime signifies a significant leap forward in the realm of international transactions.
  • Established in 2013, GNB Swiss Investments AG is a renowned private equity investment and project finance firm based in Zurich.
  • Teaming up with Reltime to introduce a highly Economic & Geographically Unrestricted Cross-Border Payments is a testament to our shared dedication to providing transformative solutions," said Hani Salem, Chairman and CEO at GNB Swiss Investments AG.
  • "We are excited to join forces with GNB Swiss Investments AG to introduce a solution that will change the dynamics of cross-border payments," said Marlene Julo, Co-founder and Chair of Board at Reltime.

Solar X Works Welcomes GW Global Partners as Strategic Equity Investor

Retrieved on: 
Thursday, June 22, 2023

Solar X Works, LLC today announced that GW Global Partners has taken a strategic equity position in the Company.

Key Points: 
  • Solar X Works, LLC today announced that GW Global Partners has taken a strategic equity position in the Company.
  • Commenting on the partnership, Blake Barthelmess, CEO of Solar X Works, stated, "We are delighted to join forces with GW Global Partners.
  • Together, with GW Global Partners, Solar X Works remains dedicated to driving renewable-sector innovation, addressing societal challenges, and empowering a sustainable future in the MENASA region and beyond.
  • GW Global Partners and Solar X Works were introduced as an outcome of the UAE FoodTech Challenge.

Dubai World Trade Centre events fuel Dubai economy in 2022; Generate total incremental economic output of $3.55 billion

Retrieved on: 
Tuesday, May 30, 2023

According to DWTC's 2022 Economic Impact Assessment Report, released today, DWTC's 63 large-scale events (>2,000 attendees) grew by 26% YOY.

Key Points: 
  • According to DWTC's 2022 Economic Impact Assessment Report, released today, DWTC's 63 large-scale events (>2,000 attendees) grew by 26% YOY.
  • Total direct economic output across MICE business services and adjacent sectors more than doubled YOY (108%) to reach $2.55 billion.
  • This further reinforces DWTC's global leadership as a consistent driver of incremental revenues benefiting other vital sectors of the economy.
  • Annual events, which included GITEX Global and Gulfood , generated $3.55 billion in economic output, of which $2.03 billion was retained within Dubai's GDP.

Dubai World Trade Centre events fuel Dubai economy in 2022; Generate total incremental economic output of $3.55 billion

Retrieved on: 
Tuesday, May 30, 2023

According to DWTC's 2022 Economic Impact Assessment Report, released today, DWTC's 63 large-scale events (>2,000 attendees) grew by 26% YOY.

Key Points: 
  • According to DWTC's 2022 Economic Impact Assessment Report, released today, DWTC's 63 large-scale events (>2,000 attendees) grew by 26% YOY.
  • Total direct economic output across MICE business services and adjacent sectors more than doubled YOY (108%) to reach $2.55 billion.
  • This further reinforces DWTC's global leadership as a consistent driver of incremental revenues benefiting other vital sectors of the economy.
  • Annual events, which included GITEX Global and Gulfood , generated $3.55 billion in economic output, of which $2.03 billion was retained within Dubai's GDP.

Agtech Pioneer Pure Harvest Smart Farms Secures USD 64.5 Million in Growth Capital to Expand in MENASA

Retrieved on: 
Wednesday, October 27, 2021

Pure Harvest Smart Farms (the Company), a leading sustainable technology-enabled agribusiness, today announced that it has secured US $64.5 million in growth capital to accelerate the Companys expansion and technology development efforts.

Key Points: 
  • Pure Harvest Smart Farms (the Company), a leading sustainable technology-enabled agribusiness, today announced that it has secured US $64.5 million in growth capital to accelerate the Companys expansion and technology development efforts.
  • They understand the market opportunity and the merits of our solutions, and IMM will bring tremendous value supporting our expansion into Asia.
  • Today Pure Harvest operates three (3) farms in the UAE with the Companys fourth and fifth projects under development in the Kingdom of Saudi Arabia and Kuwait, respectively.
  • Pure Harvest is not just a regional champion, but a pioneer that will take its solutions to scale internationally.

Experience Unmatched Hospitality at the Year’s Most Awaited Event: Rove Expo 2020 – Now Open

Retrieved on: 
Sunday, October 3, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211003005047/en/
    Expo 2020 Dubai's only on-site hotel - Rove Expo 2020 (Photo: AETOSWire)
    Located adjacent to Al Wasl Plaza, Rove Expo 2020 will offer Rovers (guests) from across the globe, the perfect gateway to regroup, recharge and re-think the future, completed with all of the Rove-brand favourites under one roof.
  • Rove Expo 2020 features 312 king, twin and accessible Rover Rooms, as well as 19 Rover suites.
  • Hosting a District 2020 space showcasing the future of the Expo 2020 Dubai site and the MENASA Emirati design platform featuring contemporary design products.
  • Additionally, Rove Expo 2020 is close to Al Maktoum International Airport and within easy reach of Dubai International Airport (DXB), Abu Dhabi International Airport (AUH) and Abu Dhabi Cruise Terminals.

Local Philanthropist Gives the Gift of Broadway to Santa Barbara with Unprecedented Revival of Broadway Musical KISMET

Retrieved on: 
Thursday, September 9, 2021

KISMET's unique, one weekend only run, comes to The Granada Theatre October 23-24, 2021 for three performances only.

Key Points: 
  • KISMET's unique, one weekend only run, comes to The Granada Theatre October 23-24, 2021 for three performances only.
  • The theater and the arts have enriched my life so much and I can't think of a better gift for the Santa Barbara region."
  • Director, Lonny Price shares, "KISMET boasts one of the most magnificent scores ever heard on a Broadway stage.
  • TheSymphony.org
    The Granada Theatre is a local landmark for almost a century and is the central coast's premier performing arts venue.

Young Leaders from Middle East, North Africa, and South Asia Selected for Inaugural USA Pavilion @ EXPO 2020 Fellows Program

Retrieved on: 
Wednesday, September 1, 2021

DUBAI, UAE, Sept. 1, 2021 /PRNewswire/ -- PepsiCo and its philanthropic arm, The PepsiCo Foundation, alongside the USA Pavilion at Expo 2020 Dubai, are proud to announce the launch of the USA Pavilion @ EXPO 2020 Fellows Program. The Fellows Program is focused on empowering and educating young global leaders tackling the world's most pressing socioeconomic issues by helping them hone their leadership and problem-solving skills.

Key Points: 
  • Funded by a $500,000 (1,836,600 AED) grant from The PepsiCo Foundation, the seven month-long program is hosted by the USA Pavilion @ Expo 2020 and brings together 40 young leaders from 20 countries across the Middle East, North Africa, and South Asia (MENASA).
  • The four-phase program commences with virtual orientation sessions led by pavilion leaders that will introduce Fellows and lay the building blocks for their global network.
  • Following virtual sessions, Fellows will be flown to Expo 2020 Dubai where they will meet with pavilion leaders, participate in panel discussions, and network across Expo.
  • Deputy Commissioner General for the USA Pavilion, Matthew K. Asada, emphasized the opportunity for leadership development and entrepreneurial growth across the region saying, "The USA PAVILION @ EXPO 2020 FELLOWS PROGRAM offers a unique environment for young leaders from the Middle East and South Asia for skill development.