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- Nqoodlet bags $3 million Seed funding to boost SME finance in MENA
- Panasonic Bolsters Saudi Presence With New Distribution Partnership
- Tuba launches in Saudi Arabia with $8 million investment
- erad secures $16 million pre-Series A to bridge SME credit gap in MENA
- CNTXT AI Unveils Munsit: The Most Accurate Arabic Speech Recognition Model
- Resolv Labs raises $10 million Seed round led by Cyber.Fund
- Arabic.AI launches MENA’s first B2B agentic AI platform
- BenQ GV50 Ceiling Projector Elevates Your Movie Routine
Author: Mahdeehassan
SAMI CEO Walid Abukhaled discusses corporate efforts and Vision 2030 goals in an interview with Oxford Business Group Riyadh, August 2024: Oxford Business Group (OBG) delves into Saudi Arabia’s strategic initiatives for defence sector advancement in its latest interview with Walid Abukhaled, CEO of Saudi Arabian Military Industries (SAMI). The discussion explores the Kingdom’s efforts to enhance private sector engagement and increase domestic military manufacturing capabilities. In the interview, Abukhaled highlights the positive influence of Vision 2030 on the Kingdom’s economic development, with a target of 50% localisation in defence spending by 2030. A 15% localisation rate has already been…
Dubai, UAE – Merchlist, a recognized leader in the custom branded merchandise and promotional products industry, is proud to announce the expansion of its market presence across the Gulf Cooperation Council (GCC) region, particularly in the United Arab Emirates (UAE) and Saudi Arabia. This strategic expansion is aimed at delivering high-quality, culturally relevant corporate gifting and custom promotional products tailored to meet the unique business needs of these key markets. Expanding Presence in the GCC Market Merchlist has long been a trusted name in the Middle East, providing innovative and customized branding solutions for companies looking to make a lasting…
LG Electronics (LG) is unveiling its all-new Therma V™ R290 Monobloc 7- and 9-kilowatt (kW) air-to-water heat pumps (AWHP) at IFA 2024 in Berlin, Germany, from September 6-10. Following the successful launch of the large capacity models (12, 14, 16kW) at last year’s IFA, the new Therma V models come with an advanced compressor that unlocks greater efficiency and a more sophisticated design that blends seamlessly into the surroundings. With the mandatory implementation of Nearly-Zero Energy Buildings (NZEB) standards across Europe,1 AWHPs are gaining popularity for their ability to reduce carbon emissions and handle energy supply uncertainties. For new constructions,…
Abu Dhabi, August , 2024: Zayed University (ZU) is proud to announce that it will welcome more than 1700 new students in the 2024/2025 academic year, highlighting the university’s reputation for excellence and its growing appeal to students seeking a top-tier education. This increased enrolment follows the university’s announcement that it would be expanding its academic programs to offer more choice to students. This expansion covers a wide range of disciplines, which aligns with the UAE’s national agenda and offers students a broad spectrum of enriching educational opportunities. Professor Michael Allen, Acting Vice President of Zayed University, commented: “We’re excited to welcome such a diverse and talented group of new students to Zayed University this year. Having more students…
Dubai, UAE, 15th August 2024 – Ensuring the health and longevity of properties is crucial in today’s digital age. With most of our time spent indoors, building quality directly affects well-being. “Sick Building Syndrome” (SBS) is a significant concern, leading to health issues from poor indoor environments. PlanRadar, a top platform for digital documentation, communication, and reporting in construction, facility management, and real estate, provides an effective solution to manage indoor spaces, combat SBS, and enhance real estate value through smart maintenance and technology. Ibrahim Imam, CEO MENA + APAC and Co-Founder of PlanRadar, commented, “The increasing awareness of Sick…
In 2024, Storyderm’s Princess Peel has been newly renewed. This renewal features the application of precise and uniformly sized white spicules and the enhancement of detoxification through 99.9% pure gold ionization, which also promotes blood circulation. Additionally, the focus has been placed on promoting skin turnover, thereby activating new cells. The white spicules in Princess Peel are extracted from freshwater sponge organisms and are very small (80-300 ㎛), precise, and uniform, with pointed ends in the form of Monaxons. These spicules are created when the sponge organisms are dried and ground into powder, and they are beneficial for certain skin…
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed an agreement with Voxtron Solutions, a leading provider of innovative communication solutions, to host Voxvantage, a cutting-edge Cloud Contact Center Solution (CCaS) designed to revolutionize customer engagement in the Middle East region. The agreement was signed between Arif Al Malik, Chief Digital Products Officer of Moro Hub and Thomas Padickapparambil, CEO of Voxtron Middle East LLC at Voxtron. Moro Hub’s strategic alliance with Voxtron Solutions underscores its position as a trusted provider of digital infrastructure solutions in the region. By hosting Voxvantage,…
Samsung Gulf Electronics has run a series of engaging events at its innovative Galaxy Experience Space in Mall of the Emirates as the pop-up store enters its final week. Following the successful launch of the space in July, Samsung continues to offer unique, interactive experiences that showcase the power of its latest Galaxy AI-enabled devices – Galaxy Z Fold6, Galaxy Z Flip6, Galaxy Buds3 Series, and Galaxy Watch7 and Galaxy Watch Ultra. Fadi Abu Shamat, Senior Director and Head of Mobile eXperience Division at Samsung Gulf Electronics, said, “We’re excited to continue engaging with our customers through these innovative events at our Galaxy Experience…
Abu Dhabi, UAE – August, 2024: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project. The focus of the project is to help decarbonize hard to abate, emission intensive sectors such as the aviation and maritime industries. The project will also capture and utilize CO2 from an industrial source to be used as a feedstock, in addition to green hydrogen from renewable energy powered electrolysis, for the production of green methanol and…
Dubai, UAE – August, 2024: MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announces its strategic partnership with Mashreq to launch the latest technology enabling instant payments service. This collaboration aligns with MultiBank Group’s dedication to providing advanced, user-friendly financial services and seeks to enhance transactional efficiency and improve operational transparency for a diverse global clientele of over 1 million traders across 90 countries. By integrating Mashreq’s advanced payment processing capabilities, MultiBank Group will now provide its clients with nearly instantaneous deposit and withdrawal services, available 24/7. “Our collaboration with Mashreq represents a significant milestone in our…