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  • 🍦💼 Unilever vs. Ben & Jerry’s: Board Threats Over Gaza Stance !!

🍦💼 Unilever vs. Ben & Jerry’s: Board Threats Over Gaza Stance !!

Sunday, November 17, 2024

👋 Good morning, Smashi Business Readers!

Today’s lineup is packed with compelling stories about corporate battles, regional innovation, and empowering investment opportunities. From Ben & Jerry’s fight for its values to OSN+ getting a nod at an Apple launch, and baraka transforming how MENA builds wealth—there’s a lot to explore!

📰 What’s happening?
💡 Why it matters?
🔜 What’s next?

Read on for more insights and details! 👇️ 

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🍦 Ben & Jerry’s vs. Unilever: A Clash Over Values

📰 What is it about?

  • Ben & Jerry’s has filed a lawsuit against its parent company, Unilever, accusing it of undermining the ice cream brand’s efforts to support Palestinian refugees. This follows years of tension after Ben & Jerry’s attempted to halt sales in the occupied West Bank in 2021.

💡 Why it matters?

  • The case highlights the complex dynamics between corporate governance and ethical commitments, raising questions about how far brands can go in standing by their values when part of a larger entity.

🔜 What’s next?

  • As the legal battle unfolds, it will set a precedent for corporate independence and social activism in the business world.

📈 Markets

🔼 EGX 30

31,462.21

+0.09%

🔽 DFMSI

2,802.33

+13.819%

🔼 ADX

9,443.14

+0.464%

🔼 Tadawul

11,791.18

-1.17%

📺 OSN+ Gets a Spotlight Moment at Apple’s UAE Event

📰 What is it about?

  • OSN+, developed by Anghami’s team, was highlighted during the Apple Vision Pro launch event in the UAE. Co-Founder Elie Habib called the recognition a milestone for regional tech innovation.

💡 Why it matters?

  • This recognition underscores the growing influence of Middle Eastern platforms in the global tech and streaming industry, showcasing the region’s potential for innovation.

🔜 What’s next?

  • OSN+ is expected to expand its tech-driven content solutions and strengthen its collaboration with major players like Apple.

💭Quote of the day
"Standing by our values is what makes us who we are." Ben & Jerry’s

💰 baraka: Empowering Investors in the MENA Region

📰 What is it about?

  • Feras Jalbout’s baraka (YC S21) is revolutionizing wealth-building in the MENA region by providing local investors with access to world-class opportunities. The platform is offering $20 to new users with the code GROW20L.

💡 Why it matters?

  • Baraka is reshaping the financial landscape by promoting financial literacy and empowerment in a region with untapped investment potential.

🔜 What’s next?

  • baraka’s special promotion encourages users to take their first step toward building a wealthier future.

🔍In other news…

  1. Billions in investments, but what does it mean for local entrepreneurs? Saudi company’s CIO explains.

The Latest from the Smashi Business Studio

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