Author: Mahdeehassan
MERED, the renowned international real estate developer, is introducing innovative parking solutions at its award-winning flagship project, ICONIC Tower. In line with its mission to enrich people’s lives and provide its residents with a luxury urban lifestyle, MERED will integrate cutting-edge parking boxes with a range of features designed to enhance convenience, efficiency, and sustainability for residents, further solidifying ICONIC Tower’s reputation as a premier residential destination. Considering the region’s hot climate, each exclusive parking box is equipped with air conditioning and features separate access to the elevator lobby. This design not only enhances residents’ comfort but also preserves the…
Dubai, United Arab Emirates— Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the workforce with the launch of Prisma® SASE 3.0. Prisma SASE 3.0 now delivers Zero Trust to secure both managed and unmanaged devices with the industry’s first natively integrated enterprise browser, AI-powered data security, and acceleration of dynamic applications to perform up to five times faster. Anand Oswal, SVP and General Manager of Network Security, Palo Alto Networks: “Prisma SASE 3.0 is upending existing security approaches to close security gaps and address access challenges. The problem of securing unmanaged devices can…
Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…
Paris/Riyadh, May 22, 2024 – Amsa Hospitality and Luxury Hotelschool Paris are proud to announce the signing of a strategic partnership for joint operations in the Kingdom of Saudi Arabia. This collaboration marks a significant step in elevating education within the hospitality sector. Under the new agreement, Luxury Hotelschool Paris will partner with Amsa Hospitality to review and certify training materials and conduct a “train the trainer” program across the Kingdom. This initiative is open to the entire hospitality sector and all interested hoteliers, extending beyond those employed at Amsa Hospitality. Globally recognized for its excellence in teaching and pedagogy,…
Hytera, a leading global provider of professional communications technologies and solutions, celebrated the 10th anniversary of its subsidiary in the United Arab Emirates with an impressive light show at Burj Khalifa during its partner summit of the Middle East and Africa (MEA) region in Dubai on May 16th. Over the past decade, Hytera has taken on a starring role in driving digital transformation across various verticals in the Middle East with its UAE branch as the regional powerhouse, revolutionising public safety communications systems whilst enhancing operations safety and efficiency of the utilities, transportation, and energy sectors with cutting-edge technologies of…
LG Electronics, a global leading technology manufacturer, is gearing up to launch in the Middle East its new range of Dual Inverter Residential Air Conditioners. With the summers right around the corner, this new range of air conditioning solutions will bring more efficient, sustainable and environment friendly cooling to homes and offices. With the summers in the Middle East usually reaching extreme temperatures, a capable and powerful air conditioning solution is a must-have for every household. However, these air conditioners will be used extensively during the day, which will also require them to be energy efficient. LG’s lineup of DUALCOOL…
Riyadh, May 2024: Oxford Business Group (OBG) and Eyad Reda Law Firm LLP. (ERLF) have signed a partnership agreement aimed at deepening insights into Saudi Arabia’s evolving legal framework and its impact on the economy, business and investment environment. This collaboration, formalised through a Memorandum of Understanding (MoU), will see ERLF provide valuable insights into the Kingdom’s legal framework for the forthcoming edition of The Report: Saudi Arabia 2024. As OBG’s partner for the legal framework chapter, ERLF will provide in-depth analysis of recent developments and reforms in the Saudi legal and regulatory landscape. The chapter will offer insightful perspectives…
In a region celebrated for its blend of tradition and innovation, Palik is leading the way with its unique approach to footwear. This pioneering British company, recognized as a member of footwear associations, has captured the attention of UAE fashion admirers seeking both style and sustainability. Leading this movement is Saba Donyavi, a visionary entrepreneur driven by a passion for exceptional craftsmanship and cultural fusion. Palik Limited: An Icon of British Excellence Palik Limited, headquartered in the UK, epitomizes British footwear excellence. As a proud member of the British Footwear Association, Palik is renowned for its dedication to craftsmanship, innovation,…
Abu Dhabi, United Arab Emirates: Under the patronage of the Ministry of Energy and Infrastructure (MoEI), the third edition of the Electric Vehicle Innovation Summit (EVIS 2024) was inaugurated today by H.E. Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI. The event, held at the Abu Dhabi National Exhibition Centre (ADNEC), marks a significant milestone in the MENA region’s journey towards sustainable transportation. Delivering the opening speech, H.E. Eng. Sharif Al Olama reiterated the UAE’s commitment to building a sustainable transport system. He said: “The Summit comes at a critical time, as the world strives to reach…
TPG (NASDAQ: TPG), a leading global alternative asset management firm, and Hassana Investment Company, the investment manager of the Kingdom of Saudi Arabia’s General Organization for Social Insurance (GOSI), today announced a $1.5 billion strategic partnership in the TPG Rise Climate platform. The partnership includes a substantial anchor commitment to TPG Rise Climate’s new Transition Infrastructure fund. Hassana and TPG share a common objective of capitalizing on global climate investment opportunities, underscoring the Kingdom’s evolution as a growing source of partnership and investment opportunities within the space. Jon Winkelried, CEO of TPG, expressed TPG’s excitement about the partnership, stating: “There…