Author: Mahdeehassan

RIYADH, Saudi Arabia, June , 2025: In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani — in collaboration with the National Center for Privatization — signed contracts to privatize multipurpose cargo terminals at eight Saudi ports under a Build-Operate-Transfer (BOT) model spanning 20 years. The agreements were signed with national partners Saudi Global Ports and Red Sea Gateway Terminal Company, with private sector investments exceeding SAR 2.2 billion. The signing ceremony was also attended by Mr. Mazen bin Ahmed Al-Turki, Acting President of Mawani; Eng. Abdullah…

Dubai, UAE – June, 2025: LG Electronics Gulf, a company specializing in consumer electronics and smart home technologies, has signed a Memorandum of Understanding (MoU) with Schneider Electric, a global leader in the digital transformation of energy management and automation, to explore joint innovations in the fields of smart living, sustainability, and energy efficiency. The MoU was signed by Amel Chadli, President of Gulf Countries, Schneider Electric and Sa Nyoung Kim, President of LG Electronics Gulf. As part of the collaboration, Schneider Electric’s digital platforms, including EcoStruxure and SpaceLogic KNX, will be integrated with LG’s advanced smart appliances and connected home systems.Advertise here.…

Rapidly growing company, led by serial entrepreneur, David Gurlé, completes seed round – led by Global Ventures, a leading VC firm in MENA – with participation from Inria, OneRagtime, Mi8, and business angels $800 billion cloud market, growing at 20% a year – amid accelerated demand for AI – is ripe for a European solution to lessen dependence on U.S. Cloud providers Cannes, France – PoliCloud (the “Company”), the rapidly-growing provider and developer of next-gen, sovereign, High Performance Computing (HPC) cloud infrastructure, announces its €7.5 million seed fundraise. The funding was led by Global Ventures, a leading VC firm in MENA,…

Ground-breaking marks a new era for Amirah Developments and coastal luxury as Dubai’s real estate market crosses Dh2.5 trillion in asset value UAE; Amirah Developments, a premium Dubai-based real estate developer, has officially broken ground on its inaugural project, Bonds Avenue Residences, at the Dubai Islands – the new waterfront destination close to the emirate’s historic downtown Deira district and the Gold Souq. The ground-breaking ceremony marks the commencement of the construction of the project, just a month after Amirah Developments launched its maiden Bonds Avenue Residence – that is fast selling out. It also reflects the developer’s customer-focused approach to…

NEC XON, a leading pan-African systems integrator and cybersecurity innovator, has officially achieved Palo Alto Networks XMDR (Extended Managed Detection and Response) Partner Status in Europe, the Middle East and Africa (EMEA), joining an elite group of partners globally recognised for advanced threat detection, response capabilities, and strategic cyber defence. This achievement validates NEC XON’s deep alignment with Palo Alto Networks’ Cortex XDR platform and its ability to provide proactive, scalable incident response services on behalf of Palo Alto Networks — a capability shared by only a select few providers worldwide. More than just a partnership status “XMDR gives us…

Dubai, United Arab Emirates: Gulf Business Machines (GBM), a leading end-to-end digital solutions provider, has become the first company in the MEA/GCC region to join Red Hat Partner Practice Accelerator specializing in application development. This global initiative by Red Hat recognizes a select group of partners who have demonstrated advanced technical expertise and proven service delivery practices by achieving Red Hat professional training credentials, certifications, and partner services validation. With its participation, GBM is a trusted expert in application modernization using Red Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes, capable of architecting, implementing, and configuring tailored…

Dubai, United Arab Emirates: HITEK AI, a pioneering leader in advanced digital facility management solutions, part of the Farnek group of companies, has unveiled its latest innovation, an AI-driven Hologram Digital Trainer designed to transform FM workforce training and operational excellence. This revolutionary holographic solution integrates cutting-edge artificial intelligence and immersive technology, redefining traditional training methods across multiple industries including mining, oil & gas, manufacturing, healthcare, hospitality, retail, commercial use and aviation. The HITEK AI Hologram Digital Trainer employs sophisticated AI capabilities, providing interactive and lifelike training experiences. Trainees interact seamlessly with virtual trainers capable of responding to queries in real-time, delivering…

Dubai, UAE – Holo, a digital-first platform reinventing how people buy homes in the region, has introduced a next generation AI-powered agent built to make the home-buying process faster, more transparent, and far less stressful. Designed with the customer at heart, this mobile-first tool empowers Holo’s advisors to tap into core platform features on the go, whether they’re at their desks, on-site, or anywhere in between. The UAE’s PropTech ecosystem is hitting its stride this year with a record 189 companies now listed, nearly triple the number from just two years ago. This surge reflects the larger momentum in the region’s…

Jeddah, Saudi Arabia / London, United Kingdom — Genesis Energy Holding (“GENESIS”), a leading Pan-African clean energy infrastructure development and asset management company, and Desert Technologies Industries Factory CJSC (“D-T”), a global leader in smart solar infrastructure headquartered in Saudi Arabia, have formally signed a Strategic Collaboration Agreement during the 27th Africa Energy Forum (AEF 2025)—the continent’s premier platform for energy investment and collaboration. This agreement builds on a Memorandum of Understanding (MoU) established between both companies earlier in the year in Dubai, executed by Desert Technologies’ CEO, Khaled Sharbatly and GENESIS’ Chairman, Akinwole II Omoboriowo. The MOU laid the foundation for this strategic partnership, focused…

Abu Dhabi, UAE – The highly anticipated Middle East Asset Integrity Management Expo(AIMCS EXPO 2025) which runs from June 23–25, 2025, in Abu Dhabi, UAE, united global experts, innovators, and decision-makers across the oil, gas, utilities, and energy sectors. Organized under the leadership of Mr. Mosleh Al Harbi, Vice President – Asset Integrity & Process Safety, ADNOC Distribution, and serving as Conference Executive Chairman, AIMCS EXPO 2025 delivered a powerful platform to tackle the evolving challenges of asset integrity and accelerate sustainable, technology-driven solutions. With the majority of oil and gas infrastructure nearing or exceeding its operational life expectancy, the industry…