Latest news with #DMCs
Business Recorder
18 hours ago
- Business
- Business Recorder
Pakistan, ADB eye carbon markets as next frontier for green growth
Authorities in Islamabad and the Asian Development Bank (ADB) have agreed to chart a collaborative strategy on carbon markets and climate innovation. The development came during a meeting between Federal Minister for Climate Change and Environmental Coordination, Dr Musadik Malik, with a high-level delegation of the ADB, led by Toru Kubo, Senior Director of Climate Change and Sustainable Development (CCSD), to explore collaborative opportunities in carbon markets and forge the path for a new climate strategy grounded in economic and environmental synergy. According to a statement released by the Ministry of Climate Change, the meeting marked a significant step forward in aligning Pakistan's national climate strategy with international best practices and market-driven climate finance solutions. Pakistan receives $500 million from ADB for climate programme 'Both sides agreed to formulate a comprehensive, mutually aligned climate change strategy, with a specific focus on carbon credit mobilisation, climate innovation, and outcomes-based project implementation,' read the statement. During the meeting, Malik assured ADB of full ministerial cooperation and hands-on involvement in the formulation of the strategy, emphasising that it must remain impact-driven, transparent, and results-oriented. Toru Kubo reiterated ADB's strong support, noting that the bank continues to assist its Developing Member Countries (DMCs) by catalysing investments in low-carbon technologies, advancing carbon finance readiness, and enhancing the ability of countries like Pakistan to access and benefit from global carbon markets. The two sides also discussed how Pakistan can strategically link Sustainable Development Goals (SDGs) to its carbon finance agenda, thereby transforming climate action into a source of economic strength and international credibility. 'As global interest in carbon markets surges, Pakistan is poised to become a regional pioneer by strategically positioning itself in this evolving financial ecosystem,' read the statement.
Mid East Info
6 days ago
- Business
- Mid East Info
Ajman Concludes Its First Participation at IMEX Frankfurt with Remarkable Success and Promising Strategic Partnerships
The Ajman Department of Tourism Development has successfully concluded its debut participation at IMEX Frankfurt, one of the world's leading exhibitions specialized in the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. The event witnessed significant engagement and interest from global participants and decision-makers in the business tourism sector. This participation is part of the department's ongoing efforts to position the Emirate of Ajman as a premier regional and international destination for business events. IMEX Frankfurt served as a strategic platform to showcase Ajman's unique tourism assets, advanced infrastructure, and strategic geographical location that make it an ideal hub for hosting a wide range of international events. Ajman's stand – featuring key partners from both public and private sectors – attracted a strong turnout of visitors and industry experts. Throughout the exhibition, the delegation held a series of productive meetings with Destination Management Companies (DMCs), international event organizers, and global hotel groups, resulting in promising collaboration opportunities and reflecting growing international interest in Ajman's offerings. Ms. Hind Sultan Al Marzooqi, Director of Tourism Development and Marketing at the Ajman Department of Tourism Development, emphasized the significance of the participation, stating: 'Our debut at IMEX Frankfurt marks a strategic milestone in our efforts to enhance Ajman's global presence in the business tourism sector. It was a valuable opportunity to highlight our competitive advantages and establish partnerships that align with our long-term economic vision.' She added: 'We are committed to maintaining our presence at major international events, which play a crucial role in expanding our professional network and raising awareness about Ajman as a comprehensive and distinguished destination for all types of business events.' Ajman's pavilion received particular praise for the effective collaboration between public and private entities, represented by the participation of Ajman Chamber Ajman Saray Hotel, Ajman Hotel, and Rida International, offering a unified and professional display of the Emirate's hospitality and event-hosting capabilities. At the conclusion of the event, the Department expressed its gratitude to all visitors and partners who engaged with Ajman's pavilion, reaffirming its commitment to further strengthening the Emirate's presence on the global tourism stage and exploring new opportunities to advance the MICE sector—an essential pillar of Ajman's future economic vision.
Travel Daily News
7 days ago
- Business
- Travel Daily News
Technoheaven launches the Activity Module
Technoheaven launches Activity Module, enabling global travel companies to manage, bundle, and distribute tours and experiences with streamlined automation tools. Technoheaven announced the launch of its Activity Module, a powerful end-to-end system enabling travel companies to create, manage and distribute activities and experiences worldwide. The launch follows successful trials with leading global agents and DMCs. The Activity Module supports every product type, including guided tours, theme park tickets, cultural experiences, yacht rentals, or intercity transfers, with advanced functionality and global scalability. Travel companies can combine multiple services – such as transfers, entry tickets and guided tours – into a single product, offering enhanced value for travellers and an improved buying experience. Vinod Kelwani, CEO of Technoheaven , said 'We have created the Activity Module to work for every type and size of travel business, whether a destination management company, online travel agency, theme park, or experience provider. This latest module enables businesses to sell smarter, operate more efficiently and expand globally.' Automation tools centralize all bookings – API, B2B, B2C, or offline – into a single, intuitive dashboard, reducing manual work and streamlining workflows. The Module's API Out functionality enables agents to distribute their own inventory to OTAs, resellers, marketplaces and connected partners. This advanced management system allows users to manage dynamic pricing based on market demand, customer segment or promotional strategies, including: Percentage or fixed-amount discounts Special rates for selected agencies Time-sensitive and volume-based promotions Textual offers for custom campaigns Vinod added: 'Tours and experiences are an essential part of every travel business service. Our comprehensive all-in-one solution will transform the way this profitable and growing industry is sold and managed worldwide.'
Web Release
18-05-2025
- Business
- Web Release
Ajman Department of Tourism Development to participate for first time in IMEX International Exhibition
By Editor_wr Last updated May 18, 2025 The Ajman Department of Tourism Development (ADTD) will participate for the first time in IMEX Frankfurt 2025, one of the world's leading exhibitions for the meetings, incentives, conferences and exhibitions (MICE) sector, which is scheduled to be held from May 20 to May 22, 2025, in Frankfurt, Germany. The participation aligns with the department's constant efforts to reinforce Ajman's position as a leading destination for business tourism and hospitality, both regionally and globally. By participating in the event, ADTD seeks to showcase the unique features that make the emirate an ideal location for hosting business, sporting and social events. The department aims to highlight Ajman's vital geographic location, modern infrastructure and upscale hotel facilities, in addition to logistical and organisational support it can provide in adherence to international standards. His Excellency Mahmood Khaleel Alhashmi, Director General of ADTD, said: 'Our participation in IMEX Frankfurt 2025 reflects our relentless efforts to expand cooperation and open new global communication channels that will help reinforce Ajman's position as a leading tourist destination and an ideal location for business tourism, conferences and incentives. The event offers a significant opportunity to highlight Ajman's assets and capabilities as well as its rapid growth in the tourism and entertainment sectors. This growth is a testament to the success of our wise leadership's strategic vision to support and develop tourism infrastructure and attain sustainable development goals of the Ajman government.' Furthermore, ADTD's participation comes in line with its goals to reinforce ties with leading global event organisers, destination management companies (DMCs) and private travel organisers in the corporate and institutional sectors to host new events and conferences in the emirate and position the business tourism sector as a vital component of Ajman's economic vision. The department further aims to highlight the development of Ajman's hospitality infrastructure, which includes luxury hotels and resorts equipped to host conferences and meetings, as well as entertainment and cultural programmes that enhance visitor experiences, including businessmen and official delegations. The emirate's leading hotels, including Ajman Saray Hotel, Ajman Hotel, and Reeda International, will join ADTD's pavilion at the exhibition. This highlights the significance of public and private partnerships to promote tourist destinations, especially on a unified platform that showcases the capabilities and services offered by Ajman for the meetings and incentives sector and offers the opportunity to hold direct meetings with global business partners and explore collaboration opportunities. IMEX is a prominent global platform that convenes an exclusive group of destination representatives, service providers, travel companies and tourism boards from around the world. It offers a dynamic space for establishing long-term relationships and partnerships with major players in the meetings, incentives and travel industry. Through this event, ADTD reaffirms its commitment to participate in leading international activities, events and exhibitions. The move will help it promote Ajman's tourism identity internationally, raise awareness on its tourism and economic potential and conduct direct meetings with industry experts and decision-makers to understand latest market trends and develop services accordingly. Next Post Turkish Airlines Holidays: Seamless Getaways for UAE Travelers Comments are closed.
Leaders
05-05-2025
- Business
- Leaders
AlUla Fosters Global Presence with Five New Partnerships
As part of its commitment to offering exceptional travel experiences, AlUla has unveiled five new partnerships with pioneering Destination Management Companies (DMCs), according to the Saudi Press Agency. These partnerships were signed last week during the Arabian Travel Market in Dubai. Promisingly, they will boost the growth of AlUla's tourism sector in accordance with the highest international standards. The partnerships involve deals with the following companies: CTTC Talia Tourism UTA Athaar Arabia AlFares International By adding these five new companies to AlUla's partners network, the total number of contracted destination management companies has risen to 13 strategic partners. Therefore, AlUla is on the right track to become a prestigious global destination known for its rich cultural heritage, stunning natural landscapes, and luxurious hospitality offerings. Through its outstanding initiatives such as the Forever Revitalizing campaign, AlUla has been achieving remarkable growth in visitation and global recognition. Thanks to direct flights between its international airport and various cities and countries around the world, visiting AlUla has become easier than ever. For more information about AlUla's events and activities, kindly visit the link below: Related Topics: Eid Al-Fitr 2025: Enjoy Unmissable Experiences in AlUla Ramadan 2025: A Magical Experience in AlUla AlUla Launches 'Arch Rock and Stargazing' to Promote Environmental Awareness Short link : Post Views: 1 Related Stories
