Latest news with #BusinessLeaders
Al Bawaba
20 minutes ago
- Business
- Al Bawaba
Bahraini Executives Explore AI-Powered Growth at SAP Business Unleashed Innovation Day
Business leaders and technology decision-makers gathered in Manama recently to explore how data and AI technologies are reshaping industries across the Kingdom at SAP Business Unleashed Innovation Day Bahrain. The event showcased new developments in cloud enterprise resource planning (ERP), business data platforms and embedded AI, offering organizations a path to greater agility, insight and forum brought together customers, experts and partners for a closer look at the tools and strategies driving business model transformation. With Bahrain's Vision 2030 focusing on innovation, diversification and private sector growth, the event reinforced the importance of enterprise technology in achieving long-term national goals.'Bahrain is embracing digital transformation with real intent, and we see business leaders actively seeking tools that go beyond automation to deliver a strategic advantage,' said Saquib Ahmad, Managing Director for SAP Bahrain. 'By bringing together trusted enterprise data with embedded AI, SAP is helping organizations in Bahrain build more intelligent, responsive and resilient businesses. These capabilities support national development priorities and position companies for regional and global success.'One of the central themes was SAP's Business Data Cloud, a solution that integrates business-critical data from SAP and external sources into a single, governed environment. This gives organizations the ability to manage data more effectively, while laying the groundwork for responsible AI and faster also saw SAP Business AI in action. Embedded throughout SAP's cloud applications, Business AI gives users actionable insights and enables them to streamline processes in real time. Demonstrations included SAP's AI copilot, Joule, which allows users to interact with systems using natural language, helping teams in finance, HR, procurement and supply chain make better decisions with less successCustomer success stories from Bahraini organizations such as GPIC and BNET were another highlight of the event. These companies shared how SAP technology is supporting operational improvements, workforce development and future planning. Their experiences offered valuable insights for other local enterprises looking to modernize their business sessions and live demos gave attendees hands-on exposure to cloud ERP transformation with RISE with SAP, modern HR capabilities through SAP SuccessFactors and data-driven planning with SAP Analytics Cloud. These offerings are designed to help organizations build more responsive, future-ready operations while keeping data secure and compliant. With more Bahraini companies expanding across borders and exploring new growth opportunities, SAP reaffirmed its commitment to the Kingdom's digital economy. Business Unleashed Innovation Day Bahrain reflected SAP's role as a strategic partner to organizations focused on performance, resilience and innovation through intelligent technology and connected data.
Zawya
21 hours ago
- Business
- Zawya
Dubai Chambers to host Dubai Business Forum – USA in New York this November
Dubai Chambers has announced that the fourth international edition of the Dubai Business Forum will take place in New York City on 12th November. The forum aims to introduce the American business community to the diverse opportunities created by the Dubai Economic Agenda (D33). The Dubai Business Forum – USA is designed to unlock new channels for capital inflows and strategic investments from the United States to Dubai while showcasing the emirate's robust economic fundamentals and competitive advantages, including its advanced infrastructure, pro-business legislation, and innovation-driven environment. The forum will highlight Dubai's advantages as a launchpad for US companies expanding into high-growth markets across the Middle East, Asia, and Africa. Positioned as a high-level platform, the forum will bring together prominent business leaders and policymakers to explore mutual economic priorities and discuss collaboration in strategic sectors. The event's sessions will provide opportunities to exchange insights on the current and future trends shaping global business and spotlight emerging opportunities for bilateral cooperation. The forum comes as part of Dubai Chambers' ongoing efforts to expand its global network and reinforce Dubai's position as a preferred destination for foreign direct investment. The event will feature in-depth discussions on how US investors and companies can benefit from Dubai's pro-growth business environment and explore new avenues for joint ventures and investment between the business communities in both markets. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented, 'Dubai is continuing to strengthen its position as a global model for business empowerment, and strategic partnerships that contribute to economic growth. By hosting the Dubai Business Forum – USA in New York, we aim to enhance bilateral trade and investment ties and pave the way for new paths for collaboration that drive mutual growth and sustainable economic development.' New York was selected to host this edition of the forum due to its significance as a global financial and business centre, making it the ideal location for a strategic event of this calibre. The forum will bring together key stakeholders from Dubai and the United States to explore collaborative opportunities, as well as highlighting the advantages of Dubai's dynamic business ecosystem and how these support the global expansion of American companies. The event marks the fourth international edition of the Dubai Business Forum. The inaugural international edition was held in Beijing, China, which was followed by events in London, United Kingdom, and Hamburg, Germany. Through the forum, Dubai Chambers aims to advance strategic economic partnerships, enhance cross-border trade, unlock new investment opportunities locally and internationally, and drive business growth between Dubai and leading global markets.
Emirates 24/7
a day ago
- Business
- Emirates 24/7
Dubai Chambers to host Dubai Business Forum – USA in New York this November to highlight D33 investment opportunities
Dubai Chambers has announced that the fourth international edition of the Dubai Business Forum will take place in New York City on 12 November. The forum aims to introduce the American business community to the diverse opportunities created by the Dubai Economic Agenda (D33). The Dubai Business Forum – USA is designed to unlock new channels for capital inflows and strategic investments from the United States to Dubai while showcasing the emirate's robust economic fundamentals and competitive advantages, including its advanced infrastructure, pro-business legislation, and innovation-driven environment. The forum will highlight Dubai's advantages as a launchpad for U.S. companies expanding into high-growth markets across the Middle East, Asia, and Africa. Positioned as a high-level platform, the forum will bring together prominent business leaders and policymakers to explore mutual economic priorities and discuss collaboration in strategic sectors. The event's sessions will provide opportunities to exchange insights on the current and future trends shaping global business and spotlight emerging opportunities for bilateral cooperation. The forum comes as part of Dubai Chambers' ongoing efforts to expand its global network and reinforce Dubai's position as a preferred destination for foreign direct investment. The event will feature in-depth discussions on how U.S. investors and companies can benefit from Dubai's pro-growth business environment and explore new avenues for joint ventures and investment between the business communities in both markets. H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: 'Dubai is continuing to strengthen its position as a global model for business empowerment, and strategic partnerships that contribute to economic growth. By hosting the Dubai Business Forum – USA in New York, we aim to enhance bilateral trade and investment ties and pave the way for new paths for collaboration that drive mutual growth and sustainable economic development.' New York was selected to host this edition of the forum due to its significance as a global financial and business centre, making it the ideal location for a strategic event of this calibre. The forum will bring together key stakeholders from Dubai and the United States to explore collaborative opportunities, as well as highlighting the advantages of Dubai's dynamic business ecosystem and how these support the global expansion of American companies. The event marks the fourth international edition of the Dubai Business Forum. The inaugural international edition was held in Beijing, China, which was followed by events in London, United Kingdom, and Hamburg, Germany. Through the forum, Dubai Chambers aims to advance strategic economic partnerships, enhance cross-border trade, unlock new investment opportunities locally and internationally, and drive business growth between Dubai and leading global markets.
The Guardian
15-07-2025
- Business
- The Guardian
US inflation rose in June as Trump's tariffs start to show in prices
Inflation accelerated in June as the impacts of Donald Trump's tariffs slowly started to show in US prices. Business leaders have said for months that the high, volatile rates of Trump's tariffs will force companies to raise consumer prices. Prices remained stable in the spring, particularly as many of Trump's highest tariffs were paused; however, they started increasing in May and have continued to rise in June. Annual inflation rose to 2.7% in June, up from 2.4% in May, according to the Consumer Price Index (CPI), which tracks the prices of a basket of goods and services each month. Core CPI, which leaves out energy and food prices, ticked up slightly to 2.9%, compared with 2.8% in May. The prices of appliances, furniture and toys, products typically manufactured outside the US, all rose. Food prices increased by 3%, with the price of beef rising by more than 2% over the month, coffee up 2.2% and citrus fruit prices rising 2.3%. While the price of eggs has been dropping over the last few months, a dozen eggs are still 27% more expensive than last year. Inflation remains far below the price peaks seen three years ago, when price increases reached as high as 9%, and even a year ago, when increases were closer to 3%. But tariffs have appeared to halt inflation's downward path. According to the Yale Budget Lab, Americans now face an average tariff rate of 18.7% – the highest rate since 1933. That includes 30% tariffs on China, a 50% tariff on steel and aluminum, 25% on auto parts and a universal 10% tariff on all imports. The levies currently in effect do not include those Trump is threatening to impose on other large US trading partners. Over the weekend, Trump threatened the EU and Mexico with 30% tariffs and Canada with a 35% tariff. Brazil is set to face 50% tariffs as punishment for the trial of the Trump ally Jair Bolsonaro, Brazil's former president, who is facing charges of attempting a coup. Prices will probably be pushed up much higher should these tariff rates go into effect, but it is unclear if and when that could happen. Trump initially set negotiation deadlines to 9 July, but pushed it back to 1 August as the date approached. Trump's trade advisers have said they aim to end negotiations by Labor Day at the beginning of September. Reacting to the latest inflation news, Trump renewed his call for the Federal Reserve to cut interest rates. 'Consumer Prices LOW. Bring down the Fed Rate, NOW!!!,' Trump wrote on Truth Social. As prices remain volatile, the Fed appears unlikely to adjust interest rates anytime soon, despite cutting rates three times in the fall. Fed officials, including the central bank's chair, Jerome Powell, have said that price increases are expected to continue in the summer, drawing away from the Fed's 2% inflation target.
New York Times
15-07-2025
- Politics
- New York Times
21 Questions About the N.Y.C. Mayor's Race, Answered
New York City voters and politicos nationwide are still catching their collective breath after Assemblyman Zohran Mamdani's surprisingly decisive win in the Democratic mayoral primary last month. The victory of Mr. Mamdani, a 33-year-old democratic socialist who rose to prominence through viral social media videos, over former Gov. Andrew M. Cuomo's significant advantages in name recognition and fund-raising is already reordering traditional Democratic alliances. Some business leaders are openly fretting and strategizing about how to defeat him in November's general election. We asked readers to hit us with their questions about the candidates, the electoral process, the ripple effects of the race and our coverage of it. More than a hundred questions poured in, from all over the country and world. Our team of expert political beat reporters and editors — plus a few guest stars — answer a selection of them here. We'll keep at it until the November election, sharing selections in our New York Today newsletter. Submit your questions here, and sign up here to get the newsletter delivered to your inbox. — Dean Chang and Jodi Rudoren What does Mr. Mamdani stand for? — Anel Rodriguez, New York Maya King, one of our New York political reporters, explains: Mr. Mamdani is a democratic socialist. But that political ideology lacks a distinct definition, which supporters and detractors have both exploited. President Trump is one of many to call Mr. Mamdani a communist, a label he rejects. Age distribution of voters in New York City mayoral elections Includes 2025 mail ballots processed through the morning of June 26 Sources: New York City Board of Elections; L2 By Alex Lemonides Want all of The Times? Subscribe.
