NEWS DESK GCC Saudi Arabia

SHUAA launches new Sharia-compliant Saudi Equity fund

News Desk 31/07/2023

United Arab Emirates, 31 July 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced the launch of a new Sharia-compliant fund under the Incorporated Cell Company (“ICC”) umbrella, domiciled in Abu Dhabi Global Market

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Addressing the Growing Need for Storage Facilities in the GCC

News Desk 31/07/2023

Dubai, UAE, 31 July 2023: In today’s fast-paced world, where mobility and relocation have become the norm, the demand for storage facilities has skyrocketed. The GCC countries, known for their dynamic economies and thriving expatriate communities, are no exception. Recognizing this growing need, Writer Relocations, a leader in relocation services, has been at the

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The all-new Mercedes-AMG GLC: Performance SUV in two high-performance versions

News Desk 31/07/2023

More power, more equipment, more driving pleasure: The new Mercedes-AMG GLC replaces its highly successful predecessor with a host of innovations. The performance SUV is available in two performance levels and trim levels: as the entry-level model GLC 43 4MATIC (combined fuel consumption: 10.2‑9.8 l/100 km, combined CO2 emissions: 232-223 g/km)[1] and as the first

Business NEWS DESK Tech

The ballooning threat of cybercrime in Africa: How AI is changing the game

News Editor 2 31/07/2023

In today’s rapidly advancing technological landscape, Africa-based SMEs and organizations are increasingly finding themselves standing at a critical digital crossroads. Despite the region’s relentless pursuit of growth and adoption of cutting-edge technologies, most of these enterprises have inadvertently exposed their vulnerable underbelly to the ever-evolving

Business NEWS DESK

Hitachi Energy selected for multi-project agreement

News Desk 31/07/2023

Dubai, July 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power […]

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Hamad International Airport achieves Airports Council International’s Accessibility Enhancement Accreditation

News Desk 31/07/2023

31 July 2023 Doha, Qatar: Hamad International Airport (DOH) has proudly received the Accessibility Enhancement Accreditation from Airports Council International (ACI) World. Introduced in August 2022, the accreditation program focuses on improving accessibility, ensures equitable customer experiences and promotes a more inclusive environment in the airport industry. Hamad

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The Arab Youth Center and General Motors stride forward to train the nation’s youth in business leadership within future mobility

News Desk 31/07/2023

Dubai, United Arab Emirates – The Arab Youth Center and General Motors Africa & Middle East, have launched the second phase of their collaborative ‘Arab Youth Technology Fellowship’ program, led by the Arab Youth Center, which aims to strengthen skills related to sciences, technology, engineering and math (STEM) across the nation’s youth. In addition to […]

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Unmask the Extraordinary: Embark on a Journey of Discovery with the INFINITI Q50

News Desk 31/07/2023

Stepping into a vehicle can be like embarking on a thrilling puzzle-solving adventure. When it comes to the INFINITI Q50 2024, this sophisticated masterpiece takes it to a whole new level. Its much-lauded engine, performance prowess intricate design, and seamless connectivity ignite the joy of discovering its endless possibilities. With meticulous craftsmanship and

NEWS DESK

SEVEN’s breaks ground at SAR 1.3 billion entertainment destination in Almadinah

News Desk 31/07/2023

Riyadh, Saudi Arabia; 31 July 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has announced its construction work on its new entertainment destination in Almadinah. Construction is underway with BUJV, a joint venture by AL BAWANI CO. LTD. and UrbaCon Trading & Contracting, appointed to carry out the

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Mohammed bin Rashid Knowledge Foundation’s role in fostering youth participation

News Desk 31/07/2023

31 July 2023 – Since its inception, the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) has promoted youth development and participation in the UAE’s knowledge and education sectors. The MBRF has been striving to ensure a promising future for the youth on local, regional, and global levels, as they play a major role in […]

NEWS DESK GCC UAE

UAE Ministry of Economy and Huawei Cloud launch Startup Program

News Desk 31/07/2023

Dubai, UAE, July 31, 2023, The Entrepreneurial Nation, an initiative of the UAE Ministry of Economy, announced its partnership with Huawei Cloud to launch the Huawei Cloud Startup Program in the country. The Program seeks to accelerate UAE’s startup ecosystem, providing up to $150,000 in vouchers and access to Huawei Cloud ecosystem resources for eligible […]

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Emirates NBD Group signs UAE Climate-Responsible Companies

News Desk 31/07/2023

Dubai, UAE, 31 July 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has signed the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate Change and Environment. As a part of its ongoing commitment to achieving net-zero goals, Emirates NBD Group is among the […]

NEWS DESK Hospitality

HYATT SELECTS SABRE TO ENHANCE CENTRAL RESERVATION SYSTEM CAPABILITIES

News Desk 31/07/2023

DUBAI (July 2023) – Hyatt today announced a new technology agreement between affiliates of Hyatt and Sabre Corporation (NASDAQ: SABR), a leading provider of software and technology that powers the global travel industry. Under this agreement, Sabre’s SynXis Central Reservation System will become the main Central Reservation System (CRS) for Hyatt hotels beginning in 2024.

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Kia Sportage SUV Marks 30th Anniversary Milestone with Over 7 Million Units Sold

News Desk 31/07/2023

Dubai, United Arab Emirates, 31 July, 2023: Kia has marked three decades of its popular Sportage compact SUV with the launch of a new 30th Anniversary Special Edition in the Korean market. Upon its inception in 1993, the Sportage has left an indelible mark on the automotive industry. With over seven million units sold across five […]

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STELLANTIS MIDDLE EAST & AFRICA FIRST HALF 2023 RESULTS SHOWCASE STRONG GROWTH AND MARKET LEADERSHIP ASPIRATIONS

News Desk 31/07/2023

Following the announcement of Stellantis’ global first half 2023 results, Stellantis Middle East and Africa (MEA) proudly presents its first half 2023 results, delivering outstanding performance and reinforcing its position as the fastest growing and most profitable region, achieving strong market share growth of 15.1% in H1 2023. For the first time, the MEA region […]

NEWS DESK

HE Mariam Almheiri Underscores Collective Action and Finance for Promoting Sustainable Development

News Desk 30/07/2023

Dubai, United Arab Emirates, 30th July 2023: The UAE Minister of Climate Change and Environment Her Excellency Mariam Almheiri highlighted the importance of collective action and collective finance to strengthen sustainable development and called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives. Her

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FIA joins forces with FIM in coalition against online abuse

News Desk 30/07/2023

Belgian, 30 July 2023- The Fédération Internationale de l’Automobile (FIA) today announces the signing of a Charter for collaboration with the Fédération Internationale de Motocyclisme (FIM) as part of the global coalition to counter online abuse in sport. The signing between FIA President Mohammed Ben Sulayem and his counterpart at FIM, Jorge Viegas, took place […]

NEWS DESK GCC Qatar

Record Set in Qatar for World’s Longest LED slackline Walk

News Desk 30/07/2023

Doha, Qatar:  Globally renowned Red Bull athlete Jaan Roose has completed the world’s longest LED-lit, single-building slackline to cross one of Qatar’s newest and most iconic architectural landmarks. The Estonian national and three-time Slackline World Champion defied the odds by achieving the walk, titled “Sparkline,” at the first attempt, walking the distance

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JAGUAR TCS RACING TAKE TEAMS’ TITLE FIGHT TO THE WIRE AS MITCH EVANS WINS IN LONDON

News Desk 30/07/2023

Dubai, UAE, 30 July 2023 – Jaguar TCS Racing’s Mitch Evans wins the penultimate race of the 2023 ABB FIA Formula E World Championship, taking his fourth win of the season. The Kiwi also took Pole position, scoring 28 out of the 29 points available today. Sam Bird drove an incredible race to finish his home E-Prix […]

NEWS DESK

DGW delegation visits Heriot-Watt University to explore avenues to enhance bilateral relations

News Desk 30/07/2023

Dubai, July 30, 2023: A high-level delegation from the Dubai Government Workshop (DGW) visited the Heriot-Watt University to explore innovative avenues to enhance bilateral cooperation in sustainability and sustainable mobility. This initiative comes in line with DGW’s efforts to strengthen ties with the private sector as well as academic institutions in the country.