Infoblaze Global

Saudi Arabia advances preparations for #RiyadhExpo as it gives progress report in Paris Saudi Arabia’s Expo 2030 will be “by the world, for the world,” the team behind the event have said during the first progress report since Riyadh was elected as host city. Speaking at the 174th General Assembly of the Bureau International des Expositions in Paris, Abdulaziz Alghannam, director general of the Riyadh Expo 2030 office at the Royal Commission for Riyadh City,... https://bit.ly/3xoJuDp Riyadh Expo 2030 Bureau International des Expositions (BIE) #SaudiArabia #Expo2030 #BIE174 #GCC #MiddleEast Via www.arabnews.com

The Future of Global Trade is Being Regionalised, Restructured and Rerouted, DMCC Report Finds - Accelerated regionalisation to define trade, with the emergence of new rival trade blocs and corridors as deglobalisation takes hold - ‘Friendshoring’ – the movement of operations to allies – will strengthen inter-regional trading hubs in Asia and North America - Supply chain restructuring accelerated by rise of global security, protectionism and climate concerns - AI is driving a paradigm shift as real-world adoption scales rapidly to seek out operational efficiencies and predictive analytics - Future of Trade survey of 150 business leaders found AI as the most transformative technology for global trade - UAE emerges in top 10 trade hubs for environmentally sound technologies amid growing importance of sustainability trade - Report offers recommendations to businesses and governments to drive trade resilience and growth despite uncertainty on headwinds Global trade growth and resilience will be maintained in 2024 as an accelerated shift to regionalisation drives deeper bilateral and multilateral partnerships. This will be underpinned by deep supply chain restructuring, modest and uneven goods trade growth, a surge in digital services trade and widespread AI adoption – finds DMCC’s latest Future of Trade 2024 report titled “Decoupled and Reconfigured”..... https://bit.ly/3wIZCPW Ahmed Bin Sulayem Executive Chairman & CEO DMCC (Dubai Multi Commodities Centre) unveiled the report on Tuesday at #London LetsTalkCity #Dubai #Business #UAE #GCC #MiddleEast

Australia among countries pausing funds for #UN refugee agency for #Palestine Australia is among a growing list of countries that have paused funding for the United Nations' refugee agency for Palestinians, after Israel alleged some of the agency's staff were involved in the October 7 terrorist attacks. On Saturday, the #UnitedKingdom, #Germany, #Switzerland, #Italy, the #Netherlands and #Finland became the latest countries to pause funding for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (#UNRWA)..... https://bit.ly/3u24Hl9 #Australia #Refugee #Funding Via www.abc.net.au

Boeing executive apologises over #MAX 9 problem, promises fixes Three weeks ago, a door plug on an Alaska Airlines flight blew out in mid-air, focusing intense scrutiny on the huge aviation manufacturer and forcing the grounding of 171 planes for safety checks. A top Boeing executive has apologised for the problems highlighted by the mid-flight blowout of a door plug on an Alaska Airlines flight, as two airlines began returning the troubled 737 MAX 9 planes to service.... https://bit.ly/3SaEmt0 #Aviation #Boeing Via www.channelnewsasia.com

Israeli logistics start-up plans to connect #Dubai and #Haifa_ports via land to bypass Red Sea Trucknet will use the road service via Saudia Arabia and JordanWhile shippers face delays in sending cargo to Europe and vice-versa due to the Houthi Red Sea crisis, Israeli logistics start-up Trucknet has a solution — move cargo by road between Dubai and the Adani-run Haifa port in Israel. Cargo will move through Saudi Arabia and Jordan to reach Haifa port and proceed to Europe by sea..... https://bit.ly/3TXGqXL Trucknet Enterprise LTD #Israel #Logistics #Shipping #RedSea TE Raja Simhan Via https://lnkd.in/ejPm3Nv

Woke corporatism has started to implode We would all be working from home, occasionally travelling into a shared workspace in our electric vehicles to collaborate on some ESG-approved product launches, while popping out at lunchtime to graze on some plant-based meat. There were many megatrends that were expected to dominate economic activity this decade. Each attracted vast sums of venture capital money and generated lots of excitement on the sharemarket, as capitalism was re-orientated towards a more caring, inclusive way of doing business..... https://bit.ly/3S6cojp #Australia #Business #CorporateWokeism Matthew Lynn Via www.smh.com.au

McDonald's Malaysia sues #IsraelBoycott movement for US$1.3 million in damages McDonald's Malaysia has sued a movement promoting boycotts against Israel for "false and defamatory statements" that it says hurt its business.It is seeking damages amounting to 6 million ringgit (US$1.3 million).Gerbang Alaf Restaurants (GAR), which is the licensee of McDonald's in Malaysia, is suing the Boycott, Divestment and Sanctions (BDS) Malaysia movement for a series of social media postings allegedly linking the fast food franchise... https://bit.ly/47i2Y8E #McDonalds #Malaysia #Business #FastFood #SoutheastAsia Via www.channelnewsasia.com

One woman’s mission to elevate Cambodian cashews on the global stage Born in Stung Treng, Muth Chakrya established a cashew nut shop in Sre Krasaing Village of the province’s Siem Bok District. During the Covid-19 pandemic, she experienced a severe financial crisis, leading her to abandon her role as a broker in purchasing agricultural products from farmers. The crisis prompted a prolonged visit to her hometown. It was during this time that she transformed the crisis into an opportunity, starting Handcrafted Cashew Nuts Stung Treng, with a capital of $20,000. Her shop enabled farmers to sell their nuts at reasonable prices for domestic production. Having started with $20,000 just two years ago, her business has now grown to a value of $1 million and provides employment to 45 people. Chakrya harbours ambitions to export Cambodian cashew nuts to international markets worldwide.Charkyra recently shared insights about her company’s evolution and future goals. Could you tell us about the journey of opening Handcrafted Cashew Nuts Stung Treng? When did it begin, and what inspired its inception?.... https://bit.ly/3tkB9yP #MuthChakrya #SreKrasaing #SiemBok #Cambodia #Business #Cashew #Export #SoutheastAsia Van Socheata Via www.phnompenhpost.com

#Toshiba to be delisted after 74 years, faces future with new owners TOSHIBA will be delisted on Wednesday (Dec 20) after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered in a buyout and an uncertain future. The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) that also includes financial services firm Orix, utility Chubu Electric Power and chipmaker Rohm.... https://bit.ly/3RQe3JE #Japan #Business Via www.businesstimes.com.sg