Author: Mahdeehassan

*Leading investment firm JDP Global (JustPark.com, Adzuna, TheCarPeople, UKmedix.com) announces its entry into Egypt, hoping to make significant contributions to the MENA startup ecosystem.* **Cairo, Egypt ** In a move to expansion, JDP Global is proud to announce the launch of its new office in Cairo, Egypt. JDP, renowned for its strategic investments in promising startups, aims to further amplify its global presence by tapping into Egypt’s burgeoning startup ecosystem. Plans are in motion to provide critical support and funding to innovative startups, reinforcing Egypt’s emergence as a pivotal tech hub in the MENA region. James O’Connell, founder of JDP…

In a move towards expanding its offerings, Lumi, Saudi’s leading mobility provider, signed an agreement with Mohamed Yousuf Naghi Motors , Ankai buses’ authorised dealer in the Kingdom. The agreement stems from Lumi’s efforts to enter the commercial vehicle segment, with a focus on meeting the growing demand for high-quality, reliable transportation options. As part of this collaboration, Lumi has made an initial order of innovative Ankai buses known for their comfort, safety, and dependability. The buses, leased through Mohamed Yousuf Naghi Motors, Ankai’s authorised dealer in Saudi Arabia, are outfitted with innovative amenities intended to improve passenger comfort and…

USA,2024 – In a groundbreaking move that’s set to revolutionize the AI landscape, IAIDL (International Artificial Intelligence Driving License) proudly unveils AIMA (AI Maturity Assessment), the world’s first AI maturity assessment tool that fully complies with the newly released ISO 42001:2023 standard. This innovative tool is designed to fast-track AI implementation across industries, setting a new benchmark for AI excellence worldwide. Why This Matters: AI is transforming industries at an unprecedented pace, but with great power comes great responsibility. AIMA ensures that organizations not only adopt AI but do so in a way that’s safe, ethical, and aligned with global…

Abu Dhabi, United Arab Emirates, Massive Media: AIQ, the Abu Dhabi-based AI champion delivering transformative solutions to the energy sector, today announced the successful deployment of its SMARTi Intelligent Operational Safety Monitoring solution on board 86 vessels of ADNOC Logistics and Services (ADNOC L&S). SMARTi utilizes AI algorithms to analyze video streams in real-time, performing more than 1 billion predictions a day and enabling rapid detection and classification of safety behavior, incidents, and hazardous situations. The solution can be seamlessly integrated into existing CCTV platforms to improve safety on vessels. Dr. Christopher Cooper, CEO of AIQ, said: “The deployment of our highly effective SMARTi solution to ADNOC L&S…

Dubai, UAE: Dubai World Trade Centre Authority (DWTCA) Free Zone, Dubai’s pioneering business ecosystem, today published results from the first half of the year, revealing a sharp uptick in the number of companies choosing DWTCA as the destination for their Dubai business, and marking an increase in the number of direct jobs created within the Free Zone. The number of tenants in DWTCA Free Zone recorded significant year-on-year growth, up 21% to 2,735 tenants at the end of the first half of 2024, from 2,259 in H1 2023.The number of registered companies in DWTCA also rose, up 19% on the same period…

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…

The Family Development Foundation (FDF) launched its ‘Youth Circles’ initiative in line with the International Youth Day, which is celebrated under the theme ‘Digital Pathways for Youth towards Sustainable Development.’ The events under the Youth Circles program are being held at all of the Foundation’s centres in Abu Dhabi, Al Ain, and Al Dhafra region, and are scheduled to continue till the end of August 2024. The first Youth Circle, themed ‘My Digital Experience: Sustainability for My Community,’ featured a range of activities and events at the Zayed City Community Centre of FDF. The session emphasised the key role of young people in propelling technological innovation and…

The Saudi Falcons Club’s International Falcon Breeders Auction 2024 in Riyadh is drawing global attention, attracting a diverse array of international participants. Among the attendees are the UK’s Sky Raiders Breeding Farm, owned by Pete and Dan, and the historic Falcon Farms 2020 from Canada, under the ownership of John Lejeune and his two siblings Monica and Otto Lejeune. The event, running through August 24th, features 35 breeding farms representing more than 16 countries. Its significance is underscored by impressive sales figures, including a record-breaking falcon sold for 1.75 million Saudi Riyals in 2021. The auction has generated more than…

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…