Business News from Sunday, October 27th, 2024
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Food Tech Valley, Badia Farms to launch hybrid farming models
Food Tech Valley, a UAE-government-led initiative aimed at building a sustainable food ecosystem, has announced a 27-year strategic agreement with Badia Farms to implement hybrid models for growing premium fruits and vegetables year-round.
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UAE's economy to grow over 5% in 2025: UBS Wealth Management
Michael Bolliger, Chief Investment Officer of Emerging Markets at UBS Global Wealth Management, stated that the UAE's GDP growth is expected to surpass 5 per cent in 2025.
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UAE concludes participation in IMF, World Bank Group Annual Meetings
The UAE, represented by the Ministry of Finance and the UAE Central Bank, concluded its participation in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), held in Washington from October 21-26.
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UAE hosts business forum with G20 member nations
Alongside the B20 summit in Sao Paolo, the UAE hosted the UAE-Global Business Forum, which was organised by the UAE Ministry of Economy in collaboration with the UAE Embassy and Consulate in Brazil.
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