Author: Mahdeehassan

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…

The UAE’s Nargish Khambatta, Principal and Chief Executive Officer (CEO) of GEMS Modern Academy, has been named among the ten Finalists of the inaugural Asia Education Medal. Founded this year by T4 Education and HP, the new award will be given to an outstanding individual who has demonstrated impact, leadership and advocacy in the field of education. The Asia Education Medal recognises the tireless work of those who are transforming education across the continent, celebrating the stories of those who have lit the spark of change so others will be inspired to take up the torch. It is given to an outstanding individual who has demonstrated impact, leadership and…

Renowned for its vibrant culture, stunning landscapes, and rich history, Marrakech is a city that evokes romance at every turn. The Oberoi, Marrakech, with its traditional Moroccan architecture and luxurious amenities, serves as the perfect haven for honeymooners. This idyllic destination, featuring spacious villas with private pools and the celebrated Oberoi hospitality, spans 113,000 square meters of beautifully landscaped gardens, including Mediterranean orchards and centuries-old olive groves. The resort is magnificently framed by the scenic Atlas Mountains, providing an enchanting backdrop for unforgettable honeymoons. The Oberoi, Marrakech offers rooms, suites, and villas designed with a perfect blend of traditional Moroccan architecture and modern amenities. The resort’s…

Dubai, United Arab Emirates,August 2024: AW Rostamani Group (AWR), one of the nation’s leading conglomerates and the official distributor of ZEEKR – a global pure electric premium vehicle brand under Geely Holding Group – in the UAE, marks a significant moment in the country’s automotive landscape with the official opening of ZEEKR Space, the first dedicated ZEEKR showroom in the UAE. The state-of-the-art facility in Dubai underscores the brand’s commitment to delivering an unparalleled, seamless experience for its customers. Located on Sheikh Zayed Road, ZEEKR Space is designed to provide digital-first experiences, immersing EV enthusiasts in the global brand’s premium EVs.…

The month of July, normally a relatively quiet period of the year across markets, ended up being nothing but quiet. During the month, US politics were rocked by the assassination attempt on Trump, followed by President Biden announcing that he would not seek re-election, instead passing on the baton to Kamala Harris. Elsewhere in China, the mid-July Third Plenary Session of the 20th Central Committee of the CCP was met with significant disappointment among analysts and observers, primarily due to its perceived lack of immediate and concrete economic reforms. Not least considering how economic data continued to spring negative surprises, thereby…