Author: Mahdeehassan

UAE, Abu Dhabi: The Abu Dhabi Quality and Conformity Council (QCC) organised a dedicated strategic retreat to review the Abu Dhabi Quality Policy and Strategy, a pioneering step towards realising the emirate’s vision of positioning Abu Dhabi as the Capital of Quality. The event was attended by representatives of government entities across Abu Dhabi. The Abu Dhabi Quality Strategy outlines key objectives aimed at improving service quality, enhancing transparency, and raising efficiency levels through the continuous evaluation and development of existing systems and procedures, with the goal of achieving tangible improvements in the services provided. Clear quality standards will also contribute…

Dubai, UAE / LONDON – In a landmark move aimed at bridging traditional real estate with emerging opportunities in infrastructure, Charles Group, one of India’s fastest-growing diversified conglomerates, signed a $1 billion strategic agreement with the U.S.- based Patel Family Office during the Global Wealth Conference 2025, hosted by the Sovereign Wealth Fund Institute (SWFI) at London’s historic Mansion House. “This collaboration opens a new frontier for Indian-origin institutions to lead in the digital revolution,” said Jose Charles Martin, Chairman and Managing Director of Charles Group. “We’re committed to making real-world assets more accessible, transparent, and scalable.” The Memorandum of Understanding (MoU)…

Kuala Lumpur/Singapore – Singapore-based petrochemicals, green energy and natural resources conglomerate, ChemOne Group, is pleased to announce a significant milestone in the financing of the Pengerang Energy Complex (PEC) in Johor, Malaysia. The Islamic Corporation for the Insurance of Investment and Export Credit (“ICIEC”), a wholly owned subsidiary of the Islamic Development Bank (IsDB), has approved a landmark insurance cover of USD350 million. This cover is structured to support Islamic banks participating in PEC’s project financing, underscoring the strong institutional confidence in PEC and its long-term strategic value to the region. “ICIEC’s support is a powerful validation of PEC’s financial strength and far-reaching development impact. PEC…

Riyadh, Saudi Arabia – Nokia, together with Saudi Arabia’s Communications, Space & Technology Commission (CST), local neutral host specialist ACES NH and Service providers Mobily and Zain Saudi has completed Industry first pilot deployment of 5G Standalone (5G SA) indoor coverage using sharable indoor spectrum on the 4.0-4.1 GHz band and active sharing techniques. For the first time, every mobile operator in the Kingdom can deliver gigabit-class 5G inside low to medium traffic buildings through a single, cost-optimized system, eliminating the need for duplicate equipment and 4G anchors while cutting deployment costs by more than 60 percent. The proof-of-concept underscores how Nokia’s Shikra radio portfolio and Multi‑Operator…

Doha, Qatar – KPMG in Qatar had the privilege of welcoming the leadership of the Institute of Chartered Accountants of India (ICAI) earlier today at its Doha office. The delegation included the President of ICAI, CA. Charanjot Singh Nanda, along with the Vice President, CA. Prasanna Kumar, the Chairman of the Corporate Laws & Corporate Governance Committee, Mr Babu Abraham who are visiting Qatar to participate in the Chartered Accountants Day celebrations, held this evening at Le Royal Méridien. As part of their visit, the ICAI leadership engaged with Indian Chartered Accountants and articled trainees at KPMG, recognizing the significant role they…

ELEVATE, the visionary lifestyle real estate brand launched in the UAE by global development firm One Group and Ennismore, the fastest-growing lifestyle and leisure hospitality company, has signed an agreement to introduce the region’s first-ever beachfront Mondrian residences in the UAE. The landmark $500 million project will be situated on the rapidly growing Al Marjan Island, marking a pivotal moment in the evolution of branded living experiences on the island and in the region. The grand opening is anticipated to be in Q4 2028. The signing took place between Zeeshan Shah, Founder & Chairman, ELEVATE and Louis Abboud, Regional Head of Lifestyle Collective IMEAT, Ennismore, in the presence of Arch.…

National Bank of Kuwait (NBK) successfully priced a US$800 million PNC6 Additional Tier 1 bond issuance (AT1)—its largest issuance to date in this capital tier—following strong investor demand. The issuance was met with broad interest from global investors, marking a notable return to the GCC AT1 market after a brief pause that followed a concentrated wave of issuances in May. The issuance attracted strong demand, with subscription orders peaking at US$2.2 billion—2.75x the issued amount—underscoring robust interest from a diversified pool of global investors and financial institutions. Private banks, in particular, played a pivotal role as key anchors during the…

Cairo – Beltone Holding has officially launched Robin, it’s a wholly owned subsidiary specializing in data science and artificial intelligence (AI). This launch reflects Beltone’s belief in the transformative power of data science and AI to drive impactful business growth and enable informed decision-making. The launch of Robin comes as part of Beltone’s strategic vision to empower organizations with intelligent, scalable solutions that unlock value and accelerate growth across a fast-evolving business landscape. Robin, based in Cairo, is guided by a clear vision of simplifying complexity and converting data into practical value through tailored AI solutions. The company serves large enterprises, startups,…

Abu Dhabi, UAE: Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion. The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date. Set opposite Abu Dhabi’s prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city’s most exclusive areas in more than 15 years, as well as the first residential plots release on Hudayriyat Island. The rapid sell-out reflects strong demand and rising confidence in the emirate’s real estate projects. Bill O’Regan, Group CEO of Modon Holding, said:…

DUBAI, United Arab Emirates – Cohesity, the leader in AI-powered data security, today announced it has once again been positioned as a Leader in the 2025 Gartner Magic Quadrant for Backup and Data Protection Platforms (BDPP). This is the sixth year the company has been named a Leader in the report. Through its recent combination with Veritas’ enterprise data protection business, Cohesity is the only vendor Gartner has named a Leader in each of its last 20 backup and data protection platform reports.1 Securing and managing data represents a challenge for organizations everywhere, of all sizes and types. With over 200…