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The UAE has pledged a substantial $200 million (AED 735 million) to support the Poverty Reduction and Growth Trust (PRGT), aligning with its commitment to Sustainable Development Goal 1 (SDG 1) of eradicating global poverty. The announcement was made during the International Monetary and Financial Committee (IMFC) Meeting, highlighting the UAE’s dedication to global humanitarian efforts and its pivotal role in supporting development initiatives. This contribution will significantly impact 69 qualifying countries, aiding their poverty reduction and sustainable development efforts.

Abu Dhabi’s Silal is expanding its foothold in the food service and distribution industry through the acquisition of a majority stake in UAE’s SAFCO Group. This strategic move aligns with Silal’s growth ambitions and enhances its presence in the hospitality and catering sector.

The Burj CEO Awards 2023 Awardees will shine on the iconic Times Square Billboard in New York on October 30, 2023. This exclusive opportunity follows their success at the prestigious awards, celebrating outstanding business leaders and organizations globally. Times Square offers them global visibility and a unique platform for making a lasting impression.