DUBAI / Emirates Business Under the patronage and attendance of H.H. Sheikh Abdulaziz bin Ali bin Rashid Al Nuaimi, UAE’s “Green Sheikh”, Goumbook announced the launch of its nation-wide campaign to minimize plastic bottled water consumption and reduce plastic waste across the UAE. The event took place on May 3 and was hosted and sponsored by the Sofitel Downtown Dubai ...

  Abu Dhabi / Emirates Business Gulf Capital — one of the largest and most active alternative investment firms in the Middle East — has announced that it has acquired 100% of Multibrands Trading Co, one of largest food and beverage (F&B) distributors in the Kingdom of Saudi Arabia, with an annual turnover in excess of US$100 million. Founded in ...

  Canberra / AFP Australia’s government on Tuesday unveiled an election-focused budget to shore up economic growth amid a rocky transition from dependence on mining, doling out tax cuts for individuals and businesses. The annual announcement came as the central bank slashed interest rates to a new record low of 1.75 percent, following recent unexpectedly weak consumer prices, in order ...