Author: Mahdeehassan

Dubai, UAE: Smart Mobility International (SMI), the exclusive distributor of AVATR electric vehicles in the UAE, has announced plans to introduce Range-Extended Electric Vehicles (REEVs) to the market. The move marks a significant milestone in SMI’s mission to build a more inclusive, adaptable, and practical EV ecosystem tailored to the UAE’s driving habits and infrastructure. Currently offering AVATR’s flagship Battery Electric Vehicle (BEV) models – the AVATR 11 and AVATR 12 – SMI is now preparing to expand its portfolio with REEV variants. AVATR 07 is the first model to feature AVATR’s KUNLUN range-extending technology. It is a fully-electric vehicle with…

ESET, a global leader in cybersecurity solutions, today released new updates for the ESET PROTECT Platform, including Ransomware Remediation, a new way to prevent ransomware encryption from causing long-term business disruption, as well as new functionalities for ESET Cloud Office Security and the ESET AI Advisor. These new cybersecurity features were launched at ESET World 2025, which took place in Las Vegas from March 24 to 26, 2025, at the ARIA Resort & Casino. As ransomware attacks increase in sophistication, threat actors seek to undermine nearly all areas of business security and stability. One well-known and -used attack is encryption,…

Under the patronage of His Excellency the Minister of Education, Mr. Yousef Al-Benyan, the MESH Core Riyadh Conference for Innovation in Healthcare (MESH Core Riyadh 2025) will be held on April 14–15 at the InterContinental Riyadh Hotel. The event will bring together leading minds from the Kingdom and around the world to develop innovation skills in the healthcare sector. It includes a training program and a conference presented by the U.S.-based Mass General Brigham group, aimed at empowering practitioners and enthusiasts to innovate effective solutions for the future of healthcare. The MESH™ innovation incubator was established in 2016 as an…

Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy programmme, CBD is setting a new standard by enabling its employees to achieve certifications in both Data and AI. With the financial services industry navigating an era of unprecedented digital transformation, the ‘CBD AI and Data for the Future’ programme will equip the bank’s workforce with the crucial skills needed to stay ahead of the curve. This collaboration is designed to empower…

Saudi Real Estate Company (Al Akaria) said net profit for 2024 nearly quadrupled amid a rise in property sales and rental income. Profit surged to SAR215 million last year from SAR68 million in 2023 due to higher profit share from associates and a drop in zakat expenses. Revenue rose 10 percent year on year to SAR2 billion, driven by improved real estate sales, increased revenues from leasing and facility management, and the expansion of infrastructure projects. Khalid Alsehaibany, acting CEO of Al Akaria, said that the company will expand by launching new projects in integrated residential and commercial sectors this…

AUTONOMOUS A2Z has risen to 11th place in Guidehouse Insights’ 2024 Automated Driving Leaderboard, moving up two spots from last year’s 13th-place debut and marking its second consecutive year in the rankings, further reinforcing its growing influence in the autonomous vehicle (AV) sector. Guidehouse Insights, a U.S.-based market research firm, evaluates AV companies annually based on corporate vision, market strategy, partnerships, product development, and technological capabilities. This year, the ranking expanded from 16 to 20 companies, reflecting intensifying global competition as autonomous trucking firms entered the list. As the only South Korean company included, AUTONOMOUS A2Z continues to lead the…

Phoenix Venture Partners (“PVP”) announced on 19 February 2025 the successful second closing of its fund, Phoenix Venture Partners Innovation Fund (CEIC) Limited (“PVPIF”). This milestone marks a significant step forward in PVP’s mission to support and invest in groundbreaking innovations and technologies. The second closing brings in a diverse group of investors from France, Luxembourg, Mauritius, Kuwait, and the Kingdom of Saudi Arabia (KSA). This group includes institutional investors, family offices, and high-net-worth individuals (HNWI). PVP is honoured to welcome these esteemed investors, whose participation underscores the global confidence in PVPIF’s strategic vision and investment approach. “We are thrilled to be…

Dubai, United Arab Emirates, March 2025 – Hello Park, the award-winning, immersive indoor entertainment park, is redefining children’s birthday parties with its one-of-a-kind innovative experience at Dubai Festival City. By blending cutting-edge Mixed Reality (MR) technology with interactive storytelling, Hello Park creates a one-of-a-kind, fully immersive experience where fun knows no limits. To make birthdays even more magical, Hello Park is rolling out an exclusive Ramadan offer, giving families 20% off on birthday bookings made from the first day of Ramadan until its conclusion.   As one of the largest multimedia theme parks and part of an expansive network of over 50 locations across 20 countries,…

Ahead of the Game Developers Conference (GDC), NVIDIA announced enhancements to its NVIDIA RTX neural rendering technologies, including that neural shaders are coming to Microsoft DirectX preview in April, DLSS 4 hits a major milestone with over 100 games and apps now available, RTX Remix is officially releasing alongside a new playable Half-Life 2 RTX demo, the NVIDIA RTX Kit is receiving major updates with Unreal Engine 5 support for RTX Mega Geometry and RTX Hair, and NVIDIA ACE autonomous game characters are debuting in two titles. NVIDIA and Microsoft Open Next Era of Gaming With Groundbreaking Neural Shading Technology NVIDIA and Microsoft revealed that neural…

Oxford Business Group highlights the sector’s progress via the Ministry of Culture’s Report on the State of Culture 2023 Riyadh, March 2025: Saudi Arabia’s cultural sector has emerged as a key contributor to the Kingdom’s economic, social, and environmental initiatives, as outlined in the Ministry of Culture’s “Report on the State of Culture 2023: Sustainability in the Cultural Sector.” Oxford Business Group (OBG) has undertaken an in-depth analysis of this report, offering a secondary perspective on its findings and implications. Saudi Arabia’s cultural sector is emerging as a cornerstone of the Kingdom’s development, with the potential to drive economic diversification…