logo
National Bank of Fujairah hosts knowledge-sharing event focused on the sustainability of international markets

National Bank of Fujairah hosts knowledge-sharing event focused on the sustainability of international markets

Mid East Info06-05-2025

Business leaders and industry experts give insights to help NBF's customers sustainably meet global energy requirements
Dubai –May 2025 — National Bank of Fujairah (NBF) has hosted the latest in its successful series of knowledge-sharing events on the strategic importance of sustainable frameworks. The event, attended by more than 100 delegates from diverse industries – including both NBF and non-NBF clients – shared strategies and tools to shape the future of business and sustainability in the UAE.
Under the theme 'Global Forces Shaping the Sustainability of International Markets in 2025,' the event delved into the challenges and opportunities posed by rapid population growth and the surging demand for energy, which is expected to rise by 70% in 2035. In this context, the UAE has emerged as a leader, recognising the critical need for a diversified and sustainable approach to meet the world's growing energy requirements.
The discussion highlighted the UAE's commitment to pioneering solutions that balance innovation, environmental stewardship, and energy security in the face of global pressures. NBF brought together expert speakers and industry leaders to discuss the impact of energy on various industries, the importance of sustainability, turning ideas into action, opportunities in technological adaptation, and how to stay ahead of emerging trends. Keith Bradley, Managing Partner at Living Business, gave an engaging presentation focused on sustainability in businesses and turning ideas into action.
In informative panels, Sean Evers, Managing Partner at Gulf Intelligence, James McCallum, CEO & Chairman at Xergy Group and Professor of Energy at Strathclyde University, Niamh McBurney Associate Director at Control Risks, and Robin Mills, Chief Executive Officer at Qamar Energy, discussed the global macroeconomic outlook after three months of the New Trump Administration. In addition, Ashish, Executive for Business Development Strategic Marketing and Communications at NBF, Vimbai Samantha Gwaze, Sustainability Specialist at Monjasa, Dr. Ankur Dana, CEO at Dana Steel Industry LLC, Simon King, Senior HSEQ Manager at Stanford Marine, and Dharmendra Gupta, Financial Controller at Petrochem Middle East FZE explored case studies in the living business programme.
The event is part of NBF's ongoing knowledge-sharing series, which has recently covered harnessing AI, ESG implementation and investment management. The series will continue throughout 2025, offering valuable insights to help NBF customers navigate evolving business trends.
About National Bank of Fujairah PJSC:
Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari'ah compliant services. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.
NBF's key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC and Investment Corporation of Dubai. Rated Baa1 / Prime-2 for deposits and A3 for counterparty risk assessment by Moody's and BBB / A-2 by Standard & Poor's, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol 'NBF'. It has a branch network of 14 across the UAE.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

National Bank of Fujairah hosts knowledge-sharing event focused on AI and business transformation - Middle East Business News and Information
National Bank of Fujairah hosts knowledge-sharing event focused on AI and business transformation - Middle East Business News and Information

Mid East Info

timea day ago

  • Mid East Info

National Bank of Fujairah hosts knowledge-sharing event focused on AI and business transformation - Middle East Business News and Information

Business leaders and industry experts explore how AI and geopolitical shifts are reshaping the UAE's business landscape Dubai – June 2025 — National Bank of Fujairah (NBF) hosted the latest edition of its ongoing Knowledge Series at Dubai Airport Freezone (DAFZ), welcoming over 90 guests from across the UAE business community. The event, themed 'Harnessing AI', highlighted the transformative role of artificial intelligence (AI) in driving growth, innovation, and operational excellence. At a time marked by accelerating digital disruption and geopolitical change, the event provided timely insights on how businesses can stay ahead by integrating AI into their core operations and responding to shifting global economic conditions. Opening the event, Adnan Anwar, CEO of NBF said the bank is actively exploring how AI can drive greater efficiency and transformation, highlighting the value of forums like this in fostering insight, collaboration, and practical solutions. The event commenced with a look at the global economic landscape presented by Hisham Ayass, Senior Financial Analyst at Asharq Bloomberg TV, with the current outlook reflecting a fragile balance of cautious optimism and uncertainty, with growth projections tempered by persistent inflation and unresolved trade tensions. Following this, Arnold Gutmann, Senior Executive Partner at Gartner, delivered a deep dive into how agentic AI can transform go-to-market (GTM) strategies. The session explored how agentic AI is moving beyond traditional sales models toward intelligent systems that can autonomously make decisions and execute tasks. Rather than replacing humans, AI is becoming a powerful enabler—boosting productivity, enhancing personalisation, and giving a competitive edge to those who use it effectively. Gutmann indicated that the key to future success lies in combining human creativity and judgment with the speed and scalability of AI in a truly hybrid approach. This event was part of NBF's successful Knowledge Series programme, which continues to provide a platform for learning and dialogue on pressing issues facing UAE businesses. Previous editions have covered topics such as sustainable business models, ESG implementation, and investment management.

Egypt's Garment Exports Jump by 25 Percent in April
Egypt's Garment Exports Jump by 25 Percent in April

Egypt Today

time2 days ago

  • Egypt Today

Egypt's Garment Exports Jump by 25 Percent in April

CAIRO – 1 June 2025: Egypt's ready-made garment exports rose sharply by 25 percent in April 2025, reaching $223 million, up from $179 million in April 2024, according to a statement released by the Garments Export Council. The Council reported that total exports for the sector between January and April 2025 amounted to $1.028 billion, marking a 22 percent increase compared to the same period last year. This growth underscores Egypt's strengthening position in the global textile market. The United States retained its status as the largest importer of Egyptian garments, with total imports reaching $384 million, reflecting an 11 percent rise from $345 million during the same period in 2024. European countries came in second, with exports increasing by 39 percent to $259 million, compared to $186 million a year earlier. Exports to Arab countries also posted a 6 percent gain, totaling $190 million, up from $180 million in the corresponding period of the previous year. One of the most notable trends was the 101 percent growth in exports to non-Arab African markets, signaling a significant expansion into new African destinations. At the same time, exports to other global markets climbed by 50 percent, reaching $190 million, compared to $127 million in the same period of 2024. Commenting on these figures, Fadel Marzouk, Chairman of the Ready-Made Garments Export Council, stated that the export performance reflects a positive trajectory and the gradual recovery of the sector. He attributed this progress to rising global demand, broader market outreach, and the Council's continuous efforts to improve the competitiveness of Egyptian garments on the international stage. Marzouk also emphasized that the Council is targeting an annual export growth rate of 30 to 35 percent, supported by training programs, expansion of the SME base, increased promotion in international markets, and continued work to remove obstacles facing exporters.

PEPSICO ANNOUNCES WORLDWIDE OFFICIAL PARTNERSHIP WITH FORMULA 1 - Middle East Business News and Information
PEPSICO ANNOUNCES WORLDWIDE OFFICIAL PARTNERSHIP WITH FORMULA 1 - Middle East Business News and Information

Mid East Info

time27-05-2025

  • Mid East Info

PEPSICO ANNOUNCES WORLDWIDE OFFICIAL PARTNERSHIP WITH FORMULA 1 - Middle East Business News and Information

PepsiCo launches worldwide official partnership with Formula 1, bringing Sting Energy®, Gatorade®, and Doritos® to the World's Fastest Growing Sport May, 2025 – PepsiCo announces a groundbreaking worldwide partnership with Formula 1®, beginning in 2025 as part of a multi-year commitment. This partnership unites the world's fastest growing sport with three of PepsiCo's powerhouse brands: Sting Energy, Gatorade, and Doritos. Each brand will be brought to life with the partnership as the deal connects the high-energy excitement of Formula 1 with PepsiCo's passion for creating unforgettable fan experiences around the world. With Formula 1's cumulative global audience of 1.6 billion viewers and an active fan base of 826 million, this partnership establishes a powerful platform for PepsiCo to engage with consumers across the 21 countries on the racing calendar, and more than 200 territories through broadcast. As an Official Partner of Formula 1, PepsiCo has secured comprehensive rights, including: TV-visible trackside advertising; Fan Zone activation opportunities at 21 races; tickets and hospitality experiences; exclusive marketing rights for featured brands; and exclusive track pouring and product supply rights, across global race venues. The deal also includes an official partnership with F1 Sprint, which has proven to be hugely popular among fans with TV viewership on Sprint weekends on average 10% greater than a non-Sprint weekend. As part of its long-standing commitment to empowering women in sport, PepsiCo will also extend its involvement to F1 Academy, with more details to be shared in the coming weeks. PepsiCo will be creating memorable fan engagement programs that include meaningful food and drink experiences beyond just the race venues through exciting on-pack promotions, digital experiences, and unique content that will bring Formula 1 to an even wider audience. This partnership includes opportunities, such as immersive brand experiences in Formula 1 Fan Zones, and rights for limited edition, co-branded products. Sting Energy: Official Energy Drink of Formula 1 Sting Energy is set to electrify F1 fans around the globe with a surge of energy to the partnership. Its distinctive proposition lies in delivering the taste and refreshment of a soft drink, combined with the functional boost of an energy drink, all at an accessible price point. This winning combination has strongly resonated with consumers who live to make the most of every moment. As PepsiCo's flagship energy brand, and one of the fastest-growing energy drinks globally, Sting Energy has experienced explosive growth over the past five years. It now ranks #1 or #2 in market share across key markets, where it has been launched, including India, Pakistan, Egypt, Morocco, Myanmar, Sri Lanka, and Vietnam. With Sting currently available in 34 markets, this partnership presents a significant opportunity for the continued global expansion of Sting and Formula 1. In a sport like Formula 1, where fans obsess over every detail, Sting Energy is tapping into the most iconic element of the experience — the sound. Teaming up with world-renowned DJ Armin van Buuren, Sting Energy playfully unveiled its unexpected connection to Formula 1 through a fun fan discovery – the distinct sound of 'Stinggg' has always existed within the roar of an F1 engine. What began as a playful studio experiment quickly ignited global buzz, sparking a wave of excitement among racing, music, and sports fans alike. The unexpected sonic crossover drove a viral conversation and set the stage for Sting's bold, immersive fan experiences — powered by the disruptive energy of sound. Gatorade: Official Sports Drink of Formula 1 Gatorade will serve as the Official Sports Drink of Formula 1, as well as an Official Partner of F1 Sprint. A format defined by pure racing action, Gatorade provides the perfect partner between the F1 Sprint series and a brand that is widely associated with high performance and athletic success. This sponsorship includes at-event hydration, on site branding, such as track signage, broadcast graphics and interview backdrops throughout Sprint weekends. Gatorade's Sprint sponsorship will begin later this year, giving fans an early taste of this partnership. Doritos: Official Savory Snack Partner for F1 As the Official Savory Snack Partner of Formula 1, Doritos – the boldest snack – joins forces with the boldest sport. This partnership will bring the unmistakable flavor of Doritos to F1 fans around the world, delivering exciting culinary experiences through Doritos Loaded at race locations and beyond. With global activation rights, Doritos is set to turn up the flavor on and off the track. 'This landmark partnership with Formula 1 represents a perfect fusion of two global powerhouses that share a passion for creating extraordinary fan experiences,' said Eugene Willemsen, Chief Executive Officer, International Beverages, PepsiCo. 'Formula 1's unmatched global platform and tremendous growth trajectory align perfectly with our ambitions to accelerate our brands – particularly Sting Energy – on the world stage. Together, we'll deliver bold, innovative experiences that connect with drivers and fans at race venues and well beyond, while also supporting Formula 1's continued expansion to new audiences worldwide in markets where PepsiCo and Sting have a strong presence.' Stefano Domenicali, President & CEO of Formula 1, said: 'Today is a moment to celebrate the partnership between two iconic and historic global brands — a sparkling union that will bring together tradition and innovation, generating excitement, entertainment, and unforgettable experiences for our fans and customers around the world. 'PepsiCo will tap into the unique potential of Formula 1 as a global platform to connect with new audiences, and we will benefit from their energy, their extraordinary products, and their loyal community. 'With a long-standing history of creativity and an ability to celebrate the fun and special moments in life, PepsiCo is the ideal partner with whom to share unique moments along our journey.' About PepsiCo: PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $92 billion in net revenue in 2024, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, and Quake. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. About Formula 1® Formula 1® racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLVYK) attributed to the Formula One Group tracking stock. The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store