Las Vegas / AFP Last year, 23 million metric tonnes of seafood certified as sustainable was sold worldwide to the tune of US$11.5 billion (10 billion euros), accounting for 14 percent of global production, according to a study published by the International Institute for Sustainable Development (IISD). That marks a dramatic rise from just a decade earlier, when only ...

  ABU DHABI / Emirates Business Etihad Airways’ finance team has continued its winning streak by landing two key awards — for best treasury team and for securing a unique US$700 million bond agreement — from the Middle East chapter of the Association of Corporate Treasurers (ACT ME). Last year’s landmark finance transaction for Etihad Airways Partners’ (EAP), a brand ...

  RITIKA SHARMA / Emirates Business Looking beyond the conventional trade ties, Citigate Commodities Trading Limited, a Dubai-based company, is exploring the little known African nation Sierra Leone aiming to create a platform for local investors to access the emerging market of diamond mining industry in West Africa. Citigate Commodities announced the acquisition and launch of a 79.9 sq km ...

  Sunaina Rana / Emirates Business The UAE’s retail market was ranked as the most attractive market in the Middle East and eighth globally in 2015. However, challenging economy has not left the sector untouched. Emirates first public joint stock company, Marka, has announced its Q1 2016 financial report. The UAE’s first retail-focussed company reported total revenue of AED 75,730 ...

  Dubai / Emirates Business Serco Middle East, a leading provider of public services, supporting governments and others operating in the public sector will be exhibiting at this year’s Careers UAE 2016 with plans to accelerate its nationalisation mandate. Serco Middle East’s principles are aligned with the event which is held under the patronage of His Highness Sheikh Mohammed Bin ...

  Dubai / Emirates Business The use of stone in construction and interior design now extends beyond flooring and furniture production. In line with the same, Smart Konnect recently launched FlexStone, an exclusive gallery displaying a unique range of chic, fashionable and eco-friendly artificial stones, murals & floors for interior & exterior application. “We are extremely pleased to launch a ...

  RITIKA SHARMA / Emirates Business The UAE has yet again established itself as one of the most preferred choices for destination weddings, with the industry pegged to grow 100% in the country by end of the year. This was revealed in a recent survey which pegged the global destination-wedding industry at US$80 billion, representing 27 percent of the overall global ...

  ALKESH SHARMA / Emirates Business In the Middle East region, decisive drivers responsible for rapid progression in the digital market are expected to stay robust in the coming days. With its number of internet users nearly grown twice in the past five years, Middle East and North Africa (MENA) region is well on the track and has remained one ...

  Sunaina Rana / Emirates Business As the country advances towards new technical industrialisation, cyber threat is a growing concern among various sectors. In wake of the same, IBM security has recently announced a new cloud-based version of the company’s cognitive technology trained on the language of security as part of a year-long research project. Ahmed El-Zaher, Security Unit Leader, ...

  Dubai / Emirates Business Free zones of the past functioned as isolated economic clusters with little to no interaction with the local economy. In the highly digitized and innovative future, however, free zones will need to be more integrated and collaborative in their approach and open their doors to global talent, investments and technologies, according to experts on the ...