Renewable energy is now growing fast enough to absorb nearly all the new electricity demand being added to the world’s power grids. With solar panel prices at historic lows, batteries rapidly getting cheaper, and a conflict in the Middle East choking oil supplies, the shift away from fossil fuels is happening faster than most…
ABU DHABI — Uber on Wednesday rolled out fully driverless rides in Abu Dhabi, marking its fourth market for autonomous vehicles and the first robotaxi service in the Middle East. The ride-hailing giant partnered with Chinese autonomous vehicle company WeRide to deploy the service in select areas of Yas Island. Riders can book a…
Move over, Bali. Step aside, London. Chinese travelers are embarking on a new adventure, and their destination of choice is surprising the tourism world: the Middle East. Spurred by easier visa rules, a flood of new direct flights, and a thirst for unique experiences, Chinese outbound travel to the region is exploding. Data from the…
DUBAI: NEP Group, a global media services provider for live sports and entertainment, announced Thursday that Waleed Isaac will join the company as President of its Middle East and Asia operations, effective Aug. 1. Isaac, a seasoned executive with more than 30 years of experience across energy, infrastructure, and event production industries, will oversee…
DUBAI, UNITED ARAB EMIRATES: Apparel Group, the powerhouse of global fashion and lifestyle retail, has joined forces with Sandbox VR, the leading provider of premium virtual reality experiences. This significant franchise partnership is set to revolutionize the industry with the launch of 25 new locations across the Middle East. The collaboration is built on…
LONDON, UK: Aukett Swanke announced the disposal of its interest in John R Harris & Partners Limited, incorporated in Cyprus and operating out of the Middle East, to the local management team for a maximum consideration of AED 5.0 million (approximately £1,074,000). The consideration is to be settled by AED 4.25 million (approximately £913,000)…
LONDON, UK: Tekmar Group, a leading provider of technology and services for the global offshore energy markets, won a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million and is…
OSLO, NORWAY: Zwipe and NetPS, part of dzcard Group and one of the main Moroccan Smart Card Personalization Bureaus, are partnering to bring Zwipe Pay ONE enabled biometric payment cards to banks across Africa and the Middle East. As part of this collaboration, both companies will work closely to promote the innovative Zwipe Pay…
DUBAI, UAE: In a bid to drastically simplify and improve access to health insurance for companies operating in the UAE and across the Middle East, Oman Insurance Company (DFM:OIC) has launched its Regional Insurance Medical Solution (RIMS). This new service, implemented in partnership with a leading third-party administrator MedNet and with four other regional…
DUBAI, UAE: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has announced the appointment of Steven Yi as President for the Middle East at Huawei. In his role, he will work with both regional and global ICT ecosystem partners towards Huawei’s vision to bring digital to every person,…
DUBAI, UAE: Huawei plans to invest $15 million over the next three years in a newly unveiled HUAWEI CLOUD Oasis Program aimed at accelerating the development of technology enterprises and ecosystems in the Middle East. The HUAWEI CLOUD Oasis Program was launched during the second edition of the HUAWEI CLOUD Summit held virtually this…
SYDNEY: Wattle Health Australia Limited has entered into a License Agreement with Verdure Nutrition Supplements Trading LLC (VNS) for Wattle’s organic infant formula range, Uganic, for the Middle Eastern market. The Agreement is for a 10-yearperiod giving VNS exclusivity for Uganic for the Middle Eastern market with customary commercial terms and conditions in line…