The strategy is revealed by the technology start up as it approaches a major milestone in the Ghaf tree initiative and also as CAFU marks its second birthday since being founded by Rashid Al Ghurair to transform car services.
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In line with Veolia’s Impact 2023 Strategy, an enterprise project which traces a clear and ambitious route defined by the company’s purpose of contributing to human progress and becoming a gold standard company for ecological transformation.
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With an estimated GCC market size of USD 10 billion (AED 37 billion) across all categories, Cartlow has crossed 1 million sold items within its first year of operation, which has helped to reduce a lot of e-waste and contribute to the sustainability of the environment.
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VentureIsrael’s initial closing has attracted substantial attention from private and institutional investors globally. The fund headquarters are based in Tel-Aviv, with an international subsidiary in London.
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The new e-retailer aims to be a platform for its visitors to explore new ideas and to discover revolutionary concepts, all while making them more accessible to the region.
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