Business

Private Companies In UAE Have Key Role In Emiratisation Initiative

Arnold Pinto 15/05/2024

MoHRE: Robust Emirati Workforce Needed Private companies in the United Arab Emirates (UAE) have a unique opportunity to understand and align with the country’s Emiratisation plans. This could involve initiatives such as increasing the number of Emirati employees, providing training and

Appointments Space

NASA Elevates David Salvagnini To Chief AI Officer

Arnold Pinto 14/05/2024

Tasked With Shaping The Agency’s AI Strategy In a strategic move to harness the transformative potential of artificial intelligence (AI) technology, NASA Administrator Bill Nelson announced on May 13, 2024, the appointment of David Salvagnini as the agency’s new chief AI officer, effective immediately. Salvagnini, formerly NASA’s chief data officer, is

Aviation Business UAE

Emirates Group Posts AED18.7 Billion Profit For 2023-2024

Arnold Pinto 14/05/2024

A 71% Increase From The Previous Year Dubai-headquartered Emirates Group has achieved a remarkable milestone in its 2023-2024 fiscal year, with profit reaching an unprecedented AED18.7 billion ($5.1 billion), a staggering 71% increase from the previous financial year. With revenues soaring to AED137.3 billion ($37.4 billion), an impressive 15% increase propelled by robust

Automotive Business

Parkopedia And Regeny Charge Up To EV Drivers’ ‘Range Anxiety’ Concerns

Arnold Pinto 13/05/2024

By Ramping Up EV Charging Access In Middle East Parkopedia, a global leader in connected car services headquartered in London, UK, has forged a strategic alliance with Regeny, a prominent electric vehicle (EV) charging solutions provider based in Dubai, United Arab Emirates (UAE). The collaboration is set to revolutionise the accessibility of EV charging infrastructure

Automotive Interviews

Al Ghurair Motors Drives Ahead With Exeed In The UAE

Arnold Pinto 13/05/2024

Dealer To Acquire Additional Auto Brands Al Ghurair Motors, the automotive division of the Dubai-headquartered Al Ghurair conglomerate, is on a mission to enhance its nascent passenger car portfolio after having acquired the exclusive dealership rights in the United Arab Emirates (UAE) for Exeed – the premium automotive brand of Wuhu, China-headquartered Chery Automobile.

Space UAE

NASA Begins 45-Day Simulated Mars Mission

Arnold Pinto 12/05/2024

With 4 Volunteer Crew Members A new crew of four volunteers has begun a 45-day simulated mission to Mars within a sealed habitat at NASA’s Johnson Space Centre in Houston, Texas. The crew, comprising Jason Lee, Stephanie Navarro, Shareef Al Romaithi, and Piyumi Wijesekara, entered the Human Exploration Research Analogue (HERA) facility at 2am (UAE […]

Banking Markets

Investors Concerned Over Prevailing Market Uncertainty

Arnold Pinto 12/05/2024

Saxo Bank Client Survey Reveals Saxo Bank has unveiled the results of its latest client survey, shedding light on investor sentiments and expectations concerning the financial markets for the second quarter of 2024. Despite the unpredictability of the global financial market, investors’ responses echo concerns over prevailing market uncertainty. The Client Sentiment

Appointments Business

Colm Mcloughlin Retires From Dubai Duty Free

Arnold Pinto 11/05/2024

After 41 Years At The Helm After a 55-year journey in the travel retail industry and an illustrious 41-year tenure at the helm of Dubai Duty Free, Colm McLoughlin, Executive Vice Chairman & CEO, has announced his retirement, effective May 31, 2024. McLoughlin, widely regarded as the driving force behind Dubai Duty Free’s ascension to […]

Space

NASA Administrator Embarks On A Global Diplomatic Mission

Arnold Pinto 11/05/2024

To Strengthen Global Space Cooperation NASA Administrator Bill Nelson embarked on a diplomatic journey, beginning on May 9, 2024, across Italy, Vatican City, and Saudi Arabia to enhance international collaboration and foster peaceful space exploration Nelson’s itinerary includes meetings with each country’s critical governmental and space officials,

Sustainability Transport

Amazon’s Largest Fleet Of Heavy-Duty Electric Trucks Unveiled

Arnold Pinto 10/05/2024

50 Such Vehicles Operate In California Amazon has embarked on a monumental journey towards sustainable transportation, unveiling its most extensive fleet of heavy-duty electric trucks in Southern California, comprising a staggering 50 vehicles. This initiative underscores Amazon’s commitment to reducing carbon emissions across its logistics operations in the

Business Events

BIE Conducts Its First Technical Visit To Saudi Arabia

Arnold Pinto 10/05/2024

In Connection With Expo 2030 Riyadh A Bureau International des Expositions (BIE) delegation, led by its Secretary General Dimitri S. Kerkentzes, has concluded the organisation’s inaugural technical visit to Riyadh. The visit was in connection with Saudi Arabia’s election as the host country of Expo 2030 Riyadh. The four-day visit was crucial in preparing for […]

Tech

Cloudera Unveils New Data-In-Motion Products

Arnold Pinto 09/05/2024

As Kubernetes Operators For Red Hat OpenShift In a strategic move poised to revolutionise data management in the digital age, Cloudera, renowned for its cutting-edge solutions in enterprise AI, has announced the forthcoming launch of Cloudera Flow Management – Kubernetes Operator and Cloudera Streaming – Kubernetes Operator. This announcement was made during

Events

UN Tourism Launches Women in Tech Startup Competition: Middle East

Arnold Pinto 09/05/2024

Applications sought from startups UN Tourism has announced the commencement of the second edition of its groundbreaking Women in Tech Startup Competition: Middle East. This initiative is a beacon for women entrepreneurs revolutionising sustainable tourism and technology throughout the region. The competition is open to startups led by women and based in the Middle East.

Automotive Interviews

Exeed Exceeds Customers’ Expectations In The UAE

Arnold Pinto 09/05/2024

Exlantix (ES) EV To Launch By Q4 2024 Exeed – the premium automotive brand of Wuhu, China-headquartered Cherry International Automobile – has made significant inroads into the discerning United Arab Emirates (UAE) market since its official commercial launch in the Arabian Gulf nation in August 2023. With a meticulous two-year preparation leading to the unveiling, […]

Business Transport

Keolis Wins Lyon Metropolis Bus And Trolleybus Contract

Arnold Pinto 08/05/2024

Concession To Yield $290 Million Annually Keolis has been awarded the contract to operate and maintain the bus and trolleybus services in the Lyon metropolitan region in France, following notification from SYTRAL Mobilités. The contract, known as the concession contract or délégation de service public, will commence on January 1, 2025, and last six years. […]

Transport

Dubai Public Transit Modes Carried 5.9m Riders For Eid

Arnold Pinto 08/05/2024

Dubai Metro Carried 2.32m Passengers During the significant Eid Al Fitr holiday period, Dubai’s Roads and Transport Authority (Dubai RTA) recorded a staggering 5.9 million passengers using various modes of public transit across Dubai emirate. From April 10-12, 2024, Dubai’s bustling transport network witnessed a surge in ridership across multiple platforms. The

Corporate Jewellery

Richemont Acquires High-End Jewellery Maker Vhernier

Arnold Pinto 08/05/2024

Brand’s Jewels Are Handcrafted In Valenza In a move set to redefine the landscape of high-end jewellery, luxury conglomerate Richemont has announced its acquisition of Vhernier., the renowned Italian jewellery maison. The deal entails Richemont obtaining 100% ownership of Vhernier in a private transaction, marking a strategic expansion for both entities. Established in

Automotive Business Markets

Al Ghurair Motors Wins 3 Exeed Awards In China

Arnold Pinto 06/05/2024

UAE dealer leadership team pays exclusive visit to China Al Ghurair Motors, the exclusive UAE dealer of Exeed – the premium Chinese auto brand – proudly clinched three prestigious dealer awards at the 2024 Exeed International Dealer Annual Conference held in Wuhu, Anhui Province, China. Al Ghurair Motors, the automotive division of Dubai-based Al Ghurair […]

Business Corporate

Dubai’s Arena Group Acquires UK’s Showblock

Arnold Pinto 06/05/2024

Focus Is On Sustainable Event Solutions Dubai-headquartered Arena Group, a leader in the global event services industry, has completed its acquisition of Showblock, a specialist in sustainable temporary structures based in Warwickshire, UK. The acquisition of Showblock is a pivotal step in Arena Group’s ambitious expansion strategy following its recent Aztec Shaffer

Markets

Dubai Is The Sole Middle Eastern City In GPCI 2023 Top 10 List

Arnold Pinto 06/05/2024

Emirate Rises From 11th To 8th Position Dubai has become the first Middle Eastern city to feature in the top 10 list of the world’s 48 major cities, according to the Global Power City Index (GPCI) 2023 report. Issued by the Mori Memorial Foundation’s Institute for Urban Strategies, established by Mori Building, Tokyo’s leading urban […]