Author: Mahdeehassan
FIA President says surge in F1 popularity has been particularly strong among younger demographics, female fans, especially in the Kingdom Dubai, UAE, 16th April, 2025: Mohammed Ben Sulayem, President of the Fédération Internationale de l’Automobile (FIA), today hailed Saudi Arabia’s part in giving the Middle East an important place, and a long-term future, in the FIA Formula 1 World Championship. Eagerly looking forward to attending Sunday’s Formula 1 STC Saudi Arabian Grand Prix, the fifth round of the 2025 championship taking place at the Jeddah Corniche Circuit, Ben Sulayem says the Kingdom has quickly made a major impact since its introduction in 2021. “The…
Pearson (FTSE: PSON.L), the world’s lifelong learning company, today introduces Smart Lesson Generator, an AI-powered tool that creates curriculum-aligned English language lesson materials in seconds, helping to reduce workload and ease the pressure on educators. A Pearson study found that 76% teachers spend at least an hour of personal time each week on lesson planning, with 43% dedicating more than three hours. Smart Lesson Generator significantly reduces this burden by generating level-appropriate activities tailored to a learner’s specific learning objectives, topics, and vocabulary. Powered by AI and underpinned by Pearson’s Global Scale of English (GSE) framework, the tool delivers customized,…
Dubai, UAE, 14th April, 2025: Mohammed Ben Sulayem, President of the Fédération Internationale de l’Automobile (FIA), has welcomed the Government of Georgia to the Federation’s growing United Against Online Abuse coalition. Georgia’s Minister of Sport, Mr Shalva Gogoladze, formally signed the United Against Online Abuse (UAOA) Charter during a meeting with Ben Sulayem, held over the Formula 1 Gulf Air Bahrain Grand Prix weekend. Georgia has joined a united and influential coalition of governments, sporting bodies and technology platforms committed to combating online harassment and hate speech across the sporting world. It becomes the tenth national government to join the…
The National Bank of Oman (NBO) has announced launching a complete digital account opening service through the NBO app. The new feature enables individuals to open an account at anytime and anywhere, without the needs to visit a branch or submit physical documents. Commenting on the launch, Dr. Ali Salim Al Shekaili, Assistant General Manager, Head of Digital and E-Channels at NBO said: “Our new digital onboarding feature marks a major milestone in our mission to make banking more accessible, convenient and secure. By eliminating the need for branch visits or paperwork, we are streamlining the way customers begin their…
Abu Dhabi, United Arab Emirates: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements that will advance the development of floating solar power projects in Southeast Asia’s largest energy market. The companies signed a Memorandum of Understanding (MoU) to develop a floating solar power plant at the Jatigede Dam reservoir in West Java, after Masdar secured the lowest tariff in the Hijaunesia 2023 bidding program. Development of the plant is due to start this year, with completion scheduled for 2027. Masdar and PLN also signed…
Abu Dhabi, UAE – As part of its ongoing efforts to strengthen international partnerships, the Abu Dhabi Chamber signed two cooperation agreements with the Guangxi Zhuang Autonomous Region of China and the Florida Chamber of Commerce. It also discussed enhancing cooperation with the Moscow Chamber of Commerce and Industry to increase mutual trade and investment with trading partners and influential economies around the world. This took place during the Chamber’s participation in the AIM Investment Summit 2025 as a business community partner, to enhance cooperation and build relationships with investors from around the world. The Chamber also promoted Abu Dhabi’s…
ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together Gulf & Emerging Asia, creating the largest B2B commerce platform to serve the fastest-growing consumer markets in the region and across the globe. The merger is backed by a $110 million funding led by Sanabil Investments, a wholly owned company by Saudi Arabia’s Public Investment Fund (PIF) and Peter Thiel’s Valar Ventures. This funding includes an equity investment and financing facility for SILQ Financial, the group’s financial services arm. Together, ShopUp and…
Elevate your Easter at Al Habtoor City as you savour a tempting array of experiences, carefully curated to match the occasion. Promising a feast for the senses with the whole family in mind, this inviting destination will be bringing together delectable cuisine, lively entertainment, and family-friendly activities across its distinguished hotels, creating an enviable ambience to mark the season in style. On Sunday, April 20th, guests can take their pick from an elegant steakhouse brunch to a refined Mediterranean dining experience and a lively family celebration, with something for everyone looking to make the holiday truly special. Al Habtoor Palace…
Bahrain-based social commerce app Sellou has raised a seed funding round for an undisclosed value at a $3 million valuation. Founded by Salman Al Khalifa and focused on bringing video-powered selling to the region, Sellou simplifies the buying and selling experience by enabling users to create and share short video storefronts, facilitating direct connections. Sellou allows users to showcase and sell various products, from artisanal goods to everyday items, through engaging video content. This investment will empower Sellou to further develop its platform, expand its reach within the MENA region, and solidify its position as a leading video-based marketplace.
Dubai, 7 April 2025 – UBS has been named “The Middle East’s Best for Family Office Services” and “Saudi Arabia’s Best for Family Office Services” in Euromoney’s Private Banking Awards 2025. The awards, presented at a ceremony in London, reflect UBS’s unwavering commitment to providing exceptional wealth management advice, services, and solutions to its clients in the Middle East and beyond. “With an established presence in the Middle East for 60 years, the award is a testament to our deep roots and strong relationships in the region,” said Niels Zilkens, Head WM Middle East, UBS Global Wealth Management. “It reflects the…