Author: Mahdeehassan

Kuwait – Zain Group, a leading provider of innovative ICT and digital lifestyle communications operating in eight markets across the Middle East and Africa, has attained a significant improvement in its Morgan Stanley Capital International (MSCI) rating in ESG (Environmental, Social, and Governance), which was upgraded from ‘BBB’ to ‘A’ as of September 2025. This milestone underscores Zain’s unwavering commitment to strengthening corporate governance frameworks, upholding the highest standards of transparency, proactively complying with regulatory requirements, and adopting global best practices in disclosure and risk management. This commitment helps Zain mitigate risks and facilitates an effective Board oversight over the company’s…

Dubai, UAE (1 October 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company that it is participating in WETEX 2025 (September 30–October 2) at the Dubai World Trade Centre at the invitation of the organizer, Dubai Electricity and Water Authority (DEWA). FF is exploring cooperation opportunities aligned with the UAE’s Net Zero 2050 Strategy and Clean Energy 2050 Strategy, accelerating the implementation of FF’s Middle East Third Pole Strategy and promoting the vision of smart, green, and sustainable mobility in the Middle…

Dammam, Saudi Arabia: Under the patronage of His Royal Highness Prince Saud bin Naif bin Abdulaziz Al Saud, Governor of the Eastern Province, and in the presence of His Excellency Eng. Abdulrahman bin Abdulmohsen Al-Fadley, Minister of Environment, Water and Agriculture, Dammam Independent Sewage Treatment Plant (ISTP) was officially inaugurated. Delivered by a consortium led by Metito Utilities alongside Mowah and Orascom Construction, the project represents a significant milestone in advancing Saudi Vision 2030’s National Water Strategy through an innovative Public–Private Partnership (PPP) framework. Awarded by the Saudi Water Partnership Company (SWPC), the Dammam ISTP was developed with a total investment…

Riyadh, Saudi Arabia – Tenity, a global innovation powerhouse, today announced the release of the inaugural KSA Fintech Opportunity Report 2025. The report, in collaboration with The Majlis Podcast, provides a comprehensive, data-driven analysis of Saudi Arabia’s fintech ecosystem, drawing from proprietary research and 30 exclusive interviews with top policymakers, investors, and founders in the Kingdom, the report identifies high-potential growth areas and outlines the structural enablers that are driving transformation. Key Findings from the Report Include: Unprecedented Growth: The number of active fintechs in Saudi Arabia has surged from just 10 in 2018 to over 261 by the end of…

Dubai, UAE: Using any kind of power bank is prohibited onboard Emirates’ flights, effective from tomorrow, 1 October 2025. Emirates provides in-seat charging on all aircraft, however, still recommends that customers fully charge their devices before flying, especially on longer duration flights. A ‘power bank’ is a portable, rechargeable device primarily designed to provide power to other electronic devices such as smart phones, tablets, laptops and cameras. Emirates customers are still permitted to carry one power bank onboard with specific conditions listed below, but the power banks may not be used while in the aircraft cabin – neither to charge devices from…

Dubai – ANAX Developments, one of Dubai’s most dynamic luxury developers, has unveiled ELLE Residences, its latest landmark project redefining branded living in the region. Slated for completion by Q3 2027, this stunning project marks a new era of branded residences in the heart of Dubai Islands. Following the success of its first residential tower in Miami, ELLE, owned by the Lagardère Group, has partnered with ANAX Developments to create its branded residences portfolio in the Middle East, for the very first time. This landmark collaboration combines ELLE’s global lifestyle ethos with ANAX’s deep understanding of Dubai’s evolving luxury market, creating a new…

Muscat – Muscat Municipality has signed an agreement with the Oman Environmental Holding Services Co (be’ah) to transfer the rights and obligations of waste collection and transportation within Muscat Governorate. Under the agreement, Muscat Municipality will assume responsibility for these services from 1 October 2025. This step marks a significant milestone in the Municipality’s efforts to enhance sustainable urban services in line with the ambitions of Oman Vision 2040. The agreement was signed by His Excellency Ahmed bin Mohammed Al Humaidi, Chairman of Muscat Municipality, and Eng. Ahmed bin Hamad Al Subhi, Chairman of be’ah. Commenting on the occasion, HE Al…

FootAR, a Portuguese start-up that transforms real-life sporting events into immersive digitalexperiences in real time, was one of the standout participants at the SBC Summit Lisbon, whichtook place from 16 to 18 September 2025. It was the world’s largest event dedicated to theiGaming sector. This start-up, which is actively seeking opportunities and investment within the iGaming industry,has a proven track record in media. It has supported some of Portugal’s largest media companiesin engaging younger audiences and fostering loyalty through its proprietary tools. Among theseis the award-winning FootAR Widget, which generates 3D animations from live sports events. Dubbed “The Greatest Show…

Riyadh, Saudi Arabia – Shomoul Holding, a subsidiary of Mabanee Company, has announced the signing of an agreement with Alshaya Group, a leading international retail franchise operator of around 70 world class brands. Under the agreement, which represents an investment of $150M by Alshaya Group, the companies world famous brands will open across a total leasable area of over 50,000 square meters in 100 stores at The Avenues, Riyadh, creating jobs for 2,500 Saudi nationals. Set to become one of the largest and most prominent shopping and leisure destinations in the Middle East and Africa (MENA) region, The Avenues – Riyadh…

RIYADH, Saudi Arabia–(BUSINESS WIRE/AETOSWire)– Sensory Cloud Inc., a clinical-stage biopharmaceutical company pioneering therapies that deactivate mechano-sensitive ion channels to treat respiratory disease, is today reporting new results from the REACH trial at King Saud University Medical City for the treatment of patients with refractory chronic cough (RCC). SC0023 is a proprietary therapeutic aerosol composed of ions endogenous to human airways, acting to relieve compression of mechano-sensitive ion channels implicated in chronic cough hypersensitivity. “Chronic cough is a major unmet healthcare need afflicting an estimated 10% of the adult human population globally,” said Dr. Kholood Altassan, PhD, head of the Preventive Medicine…