Occidental’s stock jumped nearly five per cent on Tuesday to trade for $62.89 after Buffett revealed his latest purchases of nearly 6.7 million Occidental shares worth more than $400 million
The Abrahamic Business Circle, an international organisation for economic diplomacy, held its first workshop in Dubai on Thursday. The day was inaugurated by Sheikh Juma bin Juma Al Maktoum, and members from industries including real estate, venture capital and finance, made up the expert panels sharing knowledge and expertise.
Raphael Nagel, the Abrahamic Business Circle’s chairman and founder, said: “The event was a huge success for us as the first gathering of our members, we saw there is a hunger for dialogue and knowledge-sharing which the Abrahamic Business Circle is all about.”
The bi-monthly events are a platform for experts to network with key members of the region’s business community, with the aim of creating business opportunities on the back of the historic recent Abraham Accords, providing members with a global network of contacts to raise capital, buy and sell companies, locate potential investments, joint ventures, distribution, and new clients.
The all-day event was held at the Grand Millennium Business Bay in Dubai and was sponsored by PhD Studies, i24News, Khaleej Times and The Jerusalem Post.
Among the keynote speakers was Dr Tillmann Lauk, LL.M, co-founder and member of the board and former member of the global executive board of Deutsche Bank.
He said of the event: “It was extremely positive to see such a large turnout to the workshop. It shows the massive appetite for people to take advantage of these new markets and share knowledge about the best ways of achieving that.”
Awarded at the event was Ryan Quinlan, SVP and chief commercial officer Supply Chain and Logistics at DP World, for being the most global acting member of 2020, DP World serving almost 200 countries globally.
“The Abraham Accords has opened a huge opportunity for business in the region and through organisations such as the Abrahamic Business Circle, we can begin to build relationships, understand the cultural nuances of these new relationships, and move forward to take these accords beyond politics and into business.”
— business@khaleejtimes.com
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