Author: Mahdeehassan

Riyadh, June 2024 – Taking a significant step toward environmental responsibility, Amsa Hospitality is proud to announce an initiative to promote recycled products by providing backpacks made from recycled plastic bottles for its employees and business partners. Creating backpacks from recycled plastic bottles is an innovative process that involves collecting used bottles, shredding them into flakes, and then melting them into polyester fibers. The fibers are woven into a fabric, then cut and sewn into backpacks. Amsa Hospitality is a pioneering Saudi hospitality company aligned with the goals of Saudi Vision 2030, including ensuring a greener future for the Kingdom…

Due to the ongoing conflict in the Middle East, there is a boycott movement of companies and products associated with certain sides of the conflict in various parts of the world. Several international brands came under fire for their perceived stance on the issue. In such a situation, the halal soft drink brand Shukran Cola has seen a surge in popularity. The demand for Shukran Cola from various countries, including those in the Middle East and Europe, is increasing. Due to the boycott of the Western giants, Shukran Cola has become an alternative to other globally known brands for many…

Dubai, UAE – June, 2024 – In the heart of Dubai, a beacon of hope shines brightly. Mr. Prince R, an exceptional social worker, has been tirelessly improving the lives of hundreds of needy and stranded individuals from various countries. His unwavering dedication to social work and voluntary efforts have earned him widespread recognition and respect. Mr. Prince R’s journey is driven by his career objective: to apply his skills in a multicultural environment, contributing to organizational goals while achieving higher efficiency and service standards. Holding a Diploma in Mechanical Engineering and a B.A. in Public Administration, Mr. Prince R…

OMNIYAT, Dubai’s ultra-luxury real estate leader, has announced a new chapter in its remarkable journey with the unveiling of a new corporate structure led by the newly-formed OMNIYAT GROUP. Founded as an umbrella to drive success across its branded companies, OMNIYAT GROUP has announced an AED 100B total group portfolio target over the next five years and committed AED 50B in portfolio value for new ventures across diversified real estate sectors. OMNIYAT was founded in 2005 by Executive Chairman Mahdi Amjad, a visionary pioneer in the Dubai real estate sector. Established with the ambition to revolutionize the Dubai property market…

Alpari has recently launched a new range of exciting asset classes, expanding their service to traders – 10 soft commodity CFDs. The award-winning broker has created a quiz that demonstrates the possibilities open to you when you diversify your trades. Why not branch out and try another way of trading, or add an unusual asset to your portfolio? There are plenty of opportunities to profit by catching the wave at the right time. But as you can see from Alpari’s quiz, there are far more CFDs than just traditional commodities. We all know how exciting CFD trading can be, whether…

Dubai, UAE – Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, is delighted to unveil an exclusive Eid promotion tailored specifically for UAE nationals at the prestigious Al Habtoor Tower, the epitome of luxury living in Dubai, to cater to the increasing demand among UAE nationals. The promotion, effective immediately, is designed to support Emirati families and individuals aspiring to own a home in one of Dubai’s most iconic residences with special discounts and advantageous payment terms. This offer is valid for one month, ending mid-July 2024. The special offer includes an exclusive 10 per cent discount on…

SAUDI MANPOWER SOLUTIONS COMPANY (“SMASCO” or the “Company” or the “Group”) the leading manpower solutions company in the Kingdom of Saudi Arabia (the “Kingdom”), announced today the listing of its shares on the Main Market of the Saudi Exchange following ethe successful completion of its initial public offering (the “IPO” or “Offering”). The Company is now trading under the ticker symbol: 1834. The Offering comprised a secondary offering of 120,000,000 ordinary shares (the “Offer Shares”) representing 30% of the Company’s total issued share capital. 90% of the Offer Shares were allocated to certain institutional investors (the “Participating Parties”). The institutional…

The Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, today published its Green Finance Framework to support decarbonisation projects and initiatives that contribute to the transition to a low-carbon economy. The company also revealed that its recent acquisition of European speciality foundry Leichtmetall was fully funded with EGA’s first green loan facility. A green finance framework defines eligibility and governance mechanisms for financing from third-party institutions and funds that prioritise sustainability in their capital allocation, among other sources. Publishing the framework advances EGA’s sustainability goals by enabling access to a more…

The Chairman of the Board of Directors of Drake & Skull International LLC, Engineer Shafiq Abdul Hamid, announced the completion of the company’s compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the Company’s creditors, in accordance with the restructuring plan, for the benefit of the financial and commercial creditors with the debts equivalent or exceeding AED 1 million. Engineer Shafiq emphasized the company’s completion of all other requirements stipulated in the restructuring plan agreed upon with creditors and approved by the competent courts, which include the company’s success in increasing its new capital by more than…

OneWorldChain launches OWCT token, enhancing blockchain with high-speed, low-cost transactions; Mainnet live, tokens available July 2024. Orlando, USA — In an exhilarating development that sets the stage for a new era in digital transactions, OneWorldChain is thrilled to announce the launch of its pioneering utility token, the OneWorldChain Token (OWCT). As the cornerstone of OneWorldChain’s advanced EVM-Compatible Layer One blockchain, the OWCT token is designed to empower a decentralized platform with unmatched efficiency and unparalleled accessibility, all powered by its innovative Delegated Proof of Stake (DPoS) consensus mechanism. An Invitation to Experience Revolutionary Blockchain Technology The journey towards blockchain excellence begins with the OneWorldChain…