Food & Drink Turkey’s Getir exits Europe and US to focus on home market Turkish grocery delivery startup Getir has announced that it is leaving the European and US markets to focus on Turkey. Getir had already exited the French, Italian, Spanish and Portuguese markets in 2023, and will now cease operations in the UK, the US, Germany and the Netherlands. These account for 7 percent of its revenue. […] April 29, 2024
Video length: 54:12 Learn from the experts on implementing AI in business AGBI brought together AI experts from around the world to tackle the “less familiar but more strategically critical” aspects of the subject that has captured global attention with its possibilities – and risks. The panel at AGBI‘s VIP event at the Capital Club in Dubai consisted of: Groopman pointed out that making proper use of […] November 22, 2023
Agriculture Cop28 urges nations to put food at heart of climate action The UAE has called on governments around the world to put food at the centre of their climate-change agendas. Speaking at the UN Food Systems Summit in Rome on Monday, Mariam bint Mohammed Almheiri, the UAE’s minister of climate change and the environment and Cop28 food systems lead, invited governments to sign the Leaders Declaration […] July 25, 2023
Video length: 2:58 VIDEO Lifestyle Private vaults fill the gap as banks abandon deposit boxes Private vaults in Dubai are emerging to take the place of the safety deposit boxes once provided by traditional banks. Costs, concerns over legal liability and the rise of online banking have made providing safety deposit boxes less appealing for banking giants. Capital One, HSBC, Barclays and JPMorgan Chase have all withdrawn from the market. […] July 24, 2023
Banking & Finance Goldman Sachs plans Abu Dhabi office after 1MDB scandal An internal memo seen by Bloomberg shows that Goldman Sachs Group Inc is opening an office in Abu Dhabi Global Market, a free trade zone in the UAE capital, adding to its hubs in Doha, Dubai and Riyadh. Assuming the office receives regulatory approval, it will mark a significant step forward in the rehabilitation of […] May 16, 2023
