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29 stories

Almarai Company wins the Best Shariah Compliant Deal 2022 award at the 4th Annual Business Tabloid Awards

The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Almarai Company bagged the Best Shariah Compliant Deal 2022 award. Business Tabloid was proud and honored […]

Vandana Srinivas1 min read

Business Tabloid Awards recognises excellence in various industries

The top companies in the world’s trailblazing industries came together for the 4th Annual Business Tabloid Awards on January 19, 2023, at Atlantis The Palm in Dubai, United Arab Emirates. The Annual Business Tabloid Awards recognizes excellence in various industries, including Banking, Finance, Insurance, Real Estate, Technology, Healthcare, Leadership and Logistics & Transportation. A panel […]

Vandana Srinivas4 min read

Alcohol sales banned by Qatar at FIFA World Cup Stadiums

All FIFA World Cup stadium perimeters in Qatar are now off-limits to the sale of beer. The world’s biggest single sporting event is set to begin 72 hours after the announcement. On Sunday, Qatar and Ecuador will play to kick off the World Cup. The competition is taking place in the Middle East for the […]

Vandana Srinivas2 min read
mubadala

UAE’s Mubadala acquires US’s TruFood in a move to boost portfolio

Mubadala Capital, a global asset management firm and a subsidiary of Abu Dhabi’s Mubadala Investment Company, has acquired TruFood Manufacturing, a snack food contract manufacturer. Trufood, based in Pennsylvania, is being acquired by funds affiliated with AUA Private Equity Partners. Mubadala Capital’s legal counsel was Akin Gump Strauss Hauer & Feld LLP, and its financial […]

Vandana Srinivas2 min read

UAE’s e-commerce to reach $9.2 bn by 2026, says Dubai Chamber

The Dubai Chamber of Commerce released a study stating the value of the e-commerce business in the UAE is predicted to reach $9.2 billion in 2026. In the UAE, e-commerce sales increased to $4.8 billion in 2021 from $2.6 billion in 2019, as the Covid epidemic hastened the global transition to online buying. The research, […]

Vandana Srinivas2 min read
Medicines

Medicines for Europe says generic drugmakers may cut output

The latest sector to ask for assistance as the energy crisis worsens is the pharmaceutical industry, which has warned that it may discontinue producing some affordable generic medications due to rising electricity prices and is appealing for a revision of their pricing. Before the extraordinary EU Council meeting on Friday, the generic drug industry’s lobbying […]

Vandana Srinivas2 min read