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Business Upturn
03-06-2025
- Business
- Business Upturn
Recognizing the World's Most Exceptional Destinations: Nominations Now Open for the Inaugural TOURISE Awards
By Business Wire Published on June 3, 2025, 10:17 IST Riyadh, Saudi Arabia: The TOURISE Awards spotlight the world's most impactful destinations, celebrating culture, connection, and innovation in travel. Five categories are open for nominations, with a flagship award selected by an independent jury of global tourism experts. Nominations are open until July 9 and winners will be honored at the TOURISE Summit in Riyadh, taking place from November 11–13, 2025. The TOURISE Awards officially launched today as a new global benchmark celebrating excellence in tourism destinations. Created to honor places that are shaping the future of travel, the Awards spotlight destinations delivering meaningful, memorable, and measurable value across the traveler journey. Nominations are now open to individual travelers, industry professionals, and organizations passionate about recognizing the world's most exceptional places. This press release features multimedia. View the full release here: Recognizing the World's Most Exceptional Destinations: Nominations Now Open for the Inaugural TOURISE Awards (Infographic: AETOSWire) The TOURISE Awards are an extension of the TOURISE platform powered by Saudi Arabia's Ministry of Tourism and announced via a virtual press conference on May 22, 2025. In line with the TOURISE ethos, the Awards take a bold stance recognizing destinations with a strong sense of identity, measurable impact, and responsible management. Eligible destinations must have (i) a defined geographic scope (a city, region or site), (ii) a distinct identity and character that stems from culture, landscapes and attractions that shape how the destination is perceived by travelers, and finally (iii) must be backed by a tourism governing body responsible for ensuring a destination is effectively managed. The TOURISE Awards feature five distinct award categories: Best Arts and Culture Destination, Best Adventure Destination, Best Food and Culinary Destination, Best Shopping Destination, and Best Entertainment Destination. In addition, a flagship Best Overall Destination award will recognize the destination that excels across all aspects of the traveler experience — setting a new global benchmark as the most exceptional place to visit. Jean-Philippe Cossé, CEO of TOURISE, said: 'Tourism is not just a key economic engine — it's a powerful connector of cultures, a builder of communities, and a driver of sustainable change. As the industry undergoes a bold transformation, it's more crucial than ever to spotlight the destinations that are leading with vision, purpose, and resilience. The TOURISE Awards are our tribute to those extraordinary places that don't just welcome travelers — they inspire them, challenge the status quo, and push the boundaries of what tourism can achieve. These awards put destinations at the center of the global conversation, celebrating the pioneers who are shaping the future of travel.' The TOURISE Awards will be judged by an independent jury panel comprised of a powerhouse of cross-industry trailblazers from the worlds of travel and tourism, fashion, culinary, art, retail, culture, adventure and entertainment: Filip Boyen, Former CEO, Forbes Travel Guide; Michael Ellis, Former Global Director, Michelin Guides; Fiona Jeffery, Former Chair, World Travel Market; Former Chair Tourism for Tomorrow Awards; Renaud de Lesquen; Former CEO, Givenchy, Former President Dior AM; Lars Nittve, Former Founding Director, Tate Modern; Albert Read, Former Managing Director , Conde Nast; Caroline Rush, Former CEO, British Fashion Council; Omar Samra, UN Goodwill Ambassador, Mountaineer and Polar Explorer Bernold Schroeder, Former CEO, Kempinski; Pan Pacific. Eligible destinations will be evaluated across 10 assessment criteria, grouped into three key areas, which make up the destination experience: offering, value, convenience. Judges will assess how destinations perform across these areas — considering what they offer, how accessible and visitor-friendly they are, the overall value they provide, and most importantly, the quality and impact of the experience. This includes looking at factors such as authenticity, innovation, inclusion, sustainability, accessibility, accommodation variety, and safety, all of which contribute to a destination's ability to deliver a meaningful and memorable journey. The winners of the inaugural TOURISE Awards will be announced at the TOURISE Summit, taking place in Riyadh from November 11 to 13. The Summit will bring together leading voices from across tourism, travel, investment, and innovation — from heads of state and visionary CEOs to creators, disruptors, and global investors. It will serve as a platform to spark bold ideas, build transformative partnerships, and shape new standards for the future of travel. Have your say in who receives the first TOURISE Awards for the world's most exceptional tourism destinations by nominating the destination you think makes a difference on the awards portal Nominations are open from June 2nd to July 9th. To find out more about TOURISE *Source: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
Business Upturn
02-06-2025
- Business
- Business Upturn
Dubai Retains Global Top Spot for Attracting Greenfield FDI Projects in Cultural and Creative Industries in 2024
Dubai, United Arab Emirates: (Dubai Culture) Dubai has maintained its first place as the world's leading destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), topping the Financial Times' fDi Markets ranking for the third consecutive year. This press release features multimedia. View the full release here: Results of Foreign Direct Investment in Cultural and Creative Industries for the Year 2024 (Infographic: AETOSWire) The 2024 report, which assessed 233 cities under the 'Creative Industries Cluster' classification, placed Dubai ahead of global hubs such as London and Singapore. During the year, the emirate attracted 971 CCI projects—an 8% increase from 2023—bringing in AED 18.86 billion in capital inflows, up nearly 60% from 2023, and generating 23,517 new jobs, a 9% year-on-year rise. All major CCI subsectors saw stronger performance, with notable growth in advertising and PR, film and media production, gaming, education, and advanced software design. According to the Dubai FDI Monitor, greenfield, wholly-owned ventures made up 76.5% of all projects, while new forms of investment represented 15.4%, reinvestment 5.6%, and mergers & acquisitions (2.4%). Data from the Dubai FDI Monitor and the Dubai Framework for Cultural Statistics show that the United States accounted for the largest share of capital inflows in 2024, at 23.2%, followed by India (13.4%), the United Kingdom (9.4%), Switzerland (7.6%), and Saudi Arabia (4.8%). India led in both the number of projects (18.8%) and jobs (18.5%), while the UK, US, Germany, Italy, and France also featured prominently across both metrics. Investor confidence continues to be driven by Dubai's pro-business reforms, including Executive Council Resolution 11 of 2025, which enables free zone businesses to operate onshore, expanding commercial flexibility. The city's Zero Government Bureaucracy programme is also reducing red tape across more than 2,000 federal procedures. Combined with strong intellectual property protections and advanced digital infrastructure, these initiatives have helped establish a regulatory framework marked by efficiency, transparency, and ease of doing business. Insights from the 'Creative Dubai: Navigating Tomorrow's Creative Landscape' report illustrate how this ecosystem is scaling with demand, pinpointing investment opportunity hotspots in design, immersive media and AI-driven production. Dubai continues to offer investors access to top-tier talent, competitive setup costs, and strategic connectivity. The 2024 FDI results underscore the city's rise as a global hub for innovation and one of the world's most attractive environments for creative enterprise. *Source: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
29-05-2025
- Automotive
- Business Upturn
Alliance of Four Major Qatari Companies Signs Strategic Agreement with Chinese Automotive Giant Chery
Doha, Qatar: A powerful alliance of four leading Qatari companies has signed a strategic agreement with Chery Automobile Co., Ltd., one of China's largest and most innovative automotive manufacturers, to expand Chery's presence in the global automotive market through a new Qatari-led platform. This press release features multimedia. View the full release here: Alliance of Four Major Qatari Companies Signs Strategic Agreement with Chinese Automotive Giant Chery (Photo: AETOSWire) The alliance includes: Power International Holding Dishley Holding Elite Motors Limited Elaf Motors Chery Automobile was represented at the signing by Mr. Tim Zhang, General Manager – Middle East. The agreement was signed in the presence of senior leadership from both sides. Mr. Mohamad Al Khayyat, representative of the Qatari alliance, stated: 'This alliance represents one of the most important partnerships in the regional automotive sector. Through our collaboration with Chery, we are establishing an advanced business model built on effective partnership.' Mr. Tim Zhang, Chery Automobile General Manager – Middle East, commented: 'We are proud to join forces with this strong Qatari alliance. This agreement is not only a gateway to a promising market but also a platform to drive innovation and deliver high-quality mobility solutions to the region. We see Qatar as an ideal partner for Chery's next phase of global growth.' Mr. Abdulghani Abdullah Abdulghani, Elite Motors, added: 'We see this partnership as a strategic opportunity to create real impact in the automotive sector. By uniting local expertise with a global brand like Chery, Mr. Isam El Bashier, Elaf Auto Managing Director, affirmed: 'This agreement marks a pivotal step for our alliance and the region's automotive future. By partnering with Chery, we are combining global innovation with local strength to deliver a new standard of mobility. This collaboration sets the stage for long-term impact, industry transformation, and sustained excellence.' The Qatari alliance representatives emphasized that the agreement serves as a launchpad for a strategic venture poised to reshape the automotive industry in the region. For more information, please visit: *Distributed by: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
28-05-2025
- Health
- Business Upturn
Ghana's Naomi Oyoe Ohene Oti Wins Aster Guardians Global Nursing Award 2025 Worth USD 250,000
Dubai, United Arab Emirates: Nurse Naomi Ohene Oti from Ghana has been named the winner of the Aster Guardians Global Nursing Award 2025, selected from 100,000 applications from 199 countries. An Oncology Nurse Specialist and Head of Nursing at the National Radiotherapy Oncology and Nuclear Medicine Centre, Korle-Bu Teaching Hospital, she was recognised with USD 250,000 at a prestigious ceremony held in Dubai, UAE. This press release features multimedia. View the full release here: Nurse Naomi Oyoe Ohene Oti from Ghana – Winner of Aster Guardians Global Nursing Award 2025 (Photo: AETOSWire) The Aster Guardians Global Nursing Award was launched in 2021 to recognize the invaluable role of nurses in healthcare. The award was presented by His Excellency Sheikh Nahyan bin Mabarak Al Nahyan, Minister of Tolerance and Coexistence, UAE in presence of Dr Azad Moopen and Alisha Moopen. During this year's ceremony, Dr. Tedros Adhanom Ghebreyesus, Director-General of the WHO, shared a special message applauding Aster's effort in putting a spotlight on the contributions of nurses worldwide. Nurse Naomi Ohene Oti said, 'For over two decades, I've witnessed the inequities in cancer care firsthand and dedicated myself to closing these gaps through training, outreach, and system-level change. This award will help amplify our impact – scaling training, building faculty, and inspiring the next generation of oncology nurses across Africa.' Dr. Azad Moopen, Founder Chaiman, Aster DM Healthcare stated, 'Nurse Naomi Ohene Oti has redefined what it means to be a nurse – not just as a caregiver but as an innovator, leader, and changemaker. Her contributions uplift not only patients but the entire healthcare ecosystem, setting a gold standard for others to follow. Alisha Moopen, Managing Director and Group CEO, Aster DM Healthcare added, 'Naomi Ohene Oti's story is a powerful reminder of the quiet heroism that unfolds every day in hospitals, clinics, and communities across the world. We are incredibly proud to shine a global spotlight on her work, and through her, honour the millions of nurses who keep healthcare systems running and humanity thriving.' About Aster DM Healthcare: Founded in 1987 by Dr. Azad Moopen, Aster DM Healthcare is a leading integrated healthcare provider, with a strong presence across seven countries. Aster is committed to the vision of providing accessible and high-quality healthcare, from primary to quaternary services, with its promise of 'We will treat you well'. Source: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
21-05-2025
- Business
- Business Upturn
Manufacture the Future: UAE Accelerates Industrial Growth with Record Jobs, Exports, and Global Market Access
By Business Wire Published on May 21, 2025, 11:48 IST Abu Dhabi, United Arab Emirates: The United Arab Emirates opened the fourth edition of Make it in the Emirates, its flagship industrial platform, signaling a bold leap forward in its ambition to become one of the world's leading manufacturing and technology-driven economies. This press release features multimedia. View the full release here: His Excellency Dr. Sultan Al Jaber UAE Minister of Industry and Advanced Technology (Photo: AETOSWire) Held under the theme 'Advanced Industries. Accelerated', the four-day event brings together more than 700 exhibitors and over 50,000 registered participants, unveiling a suite of investments and strategic agreements to strengthen the UAE's industrial competitiveness under the National Strategy for Industry and Advanced Technology. In his opening address, His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, reaffirmed the UAE's commitment to building future industries rooted in resilience, innovation, and global competitiveness. 'With the foresight of our leadership, we are building an inclusive, diversified, and sustainable economy. The future is Made in the UAE,' said HE Dr. Al Jaber. Make it in the Emirates 2025 builds on over USD 45.8 billion in confirmed offtake agreements linked to over 4,800 products across 12 priority sectors, including aerospace, clean energy, agritech, and advanced electronics. It also marks the launch of a USD 272 million Emirates Growth Fund to support tech-driven and SME-led industrial expansion, alongside USD 4.08 billion in competitive financing from the UAE's leading banks. The 2025 edition comes amid rising global demand for high-tech, sustainable, and localized manufacturing. Since its launch in 2021, Make it in the Emirates has become a central force behind the UAE's industrial transformation. Industrial exports reached USD 53.7 billion in 2024 — a 68% increase compared to 2020 — while the sector's GDP contribution rose to USD 57.3 billion. Through the National In-Country Value (ICV) Program, over USD 94.5 billion has been redirected into the national economy, facilitating more than 22,000 private-sector jobs for Emiratis. In parallel, the UAE's foreign trade surpassed USD 1.36 trillion last year, reinforcing the country's growing role as a strategic hub connecting global markets. Make it in the Emirates 2025 is the platform's most expansive edition yet. It offers global investors and manufacturers a direct gateway into one of the world's most strategically positioned and future-focused economies. Source: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
