Dental Conference in Dubai Generates Business Deals Worth $3.9 Billion

 UAE International Dental Conference and Arab Dental Exhibition concludes its activities.
UAE International Dental Conference and Arab Dental Exhibition concludes its activities.
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Dental Conference in Dubai Generates Business Deals Worth $3.9 Billion

 UAE International Dental Conference and Arab Dental Exhibition concludes its activities.
UAE International Dental Conference and Arab Dental Exhibition concludes its activities.

The UAE International Dental Conference and Arab Dental Exhibition – AEEDC Dubai 2022 has generated record-breaking business deals worth $3.9 billion ($14.4 billion dirhams).

AEEDC Dubai attracted 66,000 participants from 155 countries and showcased 4,800 state-of-the-art products from 3,600 major dental and public health companies in the field of oral hygiene and dentistry.

The event featured a total of 22 official country pavilions.

The exhibition and conference also saw several training courses, workshops, and student poster competitions.

Dr. Abdul Salam Al Madani, Executive Chairman of the Global Scientific Dental Alliance, and Chairman of INDEX Holding, said: “We are proud of the successes generated by the event over the years.”

“The exceptional volume of direct and subsidiary deals worth $3.9 billion concluded at the event validates the global community’s confidence in the UAE as a venue for industry events,” he added.

The UAE International Dental Conference and Arab Dental Exhibition Dubai, which will hold its next event in February 2023, is supported by Dubai Health Authority, Scientific Global Dental Alliance, Dental Federation, Executive Board of the Health Ministers Council for Gulf Cooperation Council States, Gulf Health Council, Riyadh Elm University, Arab Academy for Continuing Dental Education, Saudi Dental Society, Saudi Orthodontic Society, Saudi Prosthodontic Society, and others.



E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
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E-commerce Giant Alibaba Has Completed 3-year 'Rectification' Period

Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters
Alibaba Group has completed three years "rectification" following a fine levied in 2021 for monopolistic behavior. Reuters

China's State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years "rectification" following a fine levied in 2021 for monopolistic behavior.
In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms.
The regulator's statement said Alibaba's rectification work had achieved "good results" and that it would continue to "guide" Alibaba to continue to "regulate its operations and improve its compliance and quality."
The fine levied on Alibaba in 2021 came during a period of intense scrutiny for the business empire founded by billionaire Jack Ma, Reuters reported. A $37 billion IPO by the finance arm he founded, Ant Group, was also scuttled following Ma's public critique of the country's regulatory system in late 2020.
Alibaba, in its own statement, described the regulator's announcement on Friday as a "new starting point for development" and said it would continue to "promote the healthy development of the platform economy and create more value for society."