Arnold Pinto
January 10, 2025
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Sports
Sport

UN Tourism and FIA to propel sustainable sports tourism

Arnold Pinto 0
New MoU signed in Monza The United Nations World Tourism Organization (UN Tourism) and the Fédération Internationale de l’Automobile (FIA) have signed a strengthened partnership to advance sustainable sports tourism. The new Memorandum of Understanding (MoU), formalised during the Formula 1 Grand Prix weekend in Monza, Italy, underscores both organisations’
Dutch
Aviation

PAL-V to set up Dutch assembly and delivery centre

Arnold Pinto 0
At Breda International Airport PAL-V, a global leader in FlyDrive mobility solutions, will establish a new assembly and delivery centre at Breda International Airport in the Netherlands. The move marks a pivotal step in PAL-V’s mission to transform personal air mobility. The new facility will be the first in Europe, positioning Breda International Airport at […]
Identity
Saudi Arabia Tech

New identity for Global AI Summit in Riyadh

Arnold Pinto 0
From September 10-12, 2024 The Saudi Data and Artificial Intelligence Authority (SDAIA) has launched a revamped identity for the third edition of the Global Artificial Intelligence Summit (GAIN), which will take place in Riyadh from September 10-12, 2024. This year’s summit, themed ‘For the Good of Humanity,’ explores AI technologies’ transformative potential and
Warrants
Corporate

Cathay Pacific to buy back warrants from HKSAR government

Arnold Pinto 0
After thorough negotiations Cathay Pacific Airways (Cathay) has agreed to repurchase all the warrants previously issued to the Hong Kong Special Administrative Region (HKSAR) government. The transaction will involve a minimum total consideration of HK$1,531,828,439.28. However, the final amount will be adjusted based on share price fluctuations during a specified period
Iranians
Defence & Security

US Navy rescues 2 Iranians in Gulf of Oman

Arnold Pinto 0
Given humanitarian assistance at sea The US Navy rescued two Iranian civilian sailors in the Gulf of Oman on August 23, 2024. The Iranians were rescued by personnel from the USS Theodore Roosevelt Carrier Strike Group 9 (CSG9), currently engaged in routine operations in the area. According to US Central Command (USCENTCOM), on August 23, […]
Tbilisi
Logistics

AD Ports Group becomes majority owner of Tbilisi Dry Port

Arnold Pinto 0
With 60% stake acquisition AD Ports Group has acquired a majority 60% stake in Tbilisi Dry Port in Georgia. The stake acquisition fortifies AD Ports Group’s strategic position in the Middle trade corridor, enhancing connectivity between Western Asia and Eastern Europe through a comprehensive network spanning Kazakhstan, Azerbaijan, Armenia, Georgia, and Turkey. The Tbilisi
Nokia
Gitex Telecom

Nokia expands its R&D footprint in India

Arnold Pinto 0
With largest fixed networks lab in Chennai Nokia has unveiled plans to expand its fixed networks Research and Development (R&D) facility in Chennai, Tamil Nadu, India. The new lab will be the largest within Nokia’s fixed networks division and one of the largest globally. The expansion, facilitated with the support of the Tamil Nadu state […]
Suborbital
Space

Blue Origin completes 26th suborbital spaceflight mission

Arnold Pinto 0
Six astronauts return safely Blue Origin, the space company founded by Jeff Bezos, completed its eighth human suborbital spaceflight on August 29, 2024, and the 26th flight for the New Shepard rocket programme. Travelling in a pressurised crew capsule, the astronaut crew included Nicolina Elrick, Rob Ferl, Eugene Grin, Dr Eiman Jahangir, Karsen Kitchen, and […]
LNG
Oil & Gas

QatarEnergy and KPC sign 15-year LNG supply agreement

Arnold Pinto 0
Involving 3 MTPA to Kuwait QatarEnergy and Kuwait Petroleum Corporation (KPC) have formalised a 15-year LNG Sale and Purchase Agreement (SPA) for the delivery of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to Kuwait. The agreement, which underscores the growing energy collaboration between the two Arabian Gulf states, was […]
Solar
Business UAE

Abu Dhabi to get solar panel manufacturing plant

Arnold Pinto 0
$15-million facility set for KEZAD Abundance Solar Panel Industries has announced plans to establish a state-of-the-art solar panel manufacturing facility in Khalifa Economic Zones Abu Dhabi (KEZAD) in Abu Dhabi emirate in the United Arab Emirates (UAE). The $15 million investment will see the development of a 27,000-square-metre plant in KEZAD Area A – Al […]

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