Author: Mahdeehassan

Over 4,800 rooms will enter the French market Choice Hotels™ EMEA French portfolio expands from 57 to 107 franchised properties in an additional 41 locations of which 22% are in large cities Expansion builds on the 20-year strategic agreement signed in April 2024 with Zenitude Groupe that initially integrated 30 midscale business, leisure and extended-stay properties, totalling over 4,000 rooms Strengthens Choice Hotels’™ long-stay and flexible French accommodation offering Amsterdam / Paris, Choice Hotels International Inc.® (NYSE: CHH), one of the world’s largest hotel franchisors, is expanding its EMEA growth strategy by introducing 50 new Quality Suites™ properties in the…

Muscat: Reaffirming its commitment to national talent development, Sohar International has announced the launch of the registration phase for its ‘Tomohi’ program — a one-year internship program aimed at empowering the next generation of Omani banking leaders. Registration is open from 2 November to 16 November, and for the first time, applications will be submitted through the Ministry of Labour’s ‘Tawteen’ platform, ensuring wider accessibility and stronger alignment with national employment and human capital development objectives. Commenting on the impact of such programs, Abdulwahid Mohamed Al Murshidi, Chief Executive Officer of Sohar International, said, “Over the years, ‘Tomohi’ Program has evolved into…

Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, today announced plans to invest over USD 1 billion in logistics infrastructure transactions, including industrial warehousing and datacenters, across the United States and the United Kingdom, over the next year. The announcement was made at the Gateway Gulf Investment Forum, the region’s premier investment platform, hosted by the Bahrain Economic Development Board (Bahrain EDB). This investment builds on Arcapita’s long-term conviction in sectors that form the backbone of the global economy and continue to benefit from powerful structural tailwinds as well as its strong track record of deploying over USD…

ADIPEC, Abu Dhabi, UAE: In conjunction with ADIPEC 2025, GE Vernova Inc. (NYSE: GEV) announced that Jafurah Cogeneration Independent Steam and Power Plant (ISPP) achieved the start of commercial operations. The plant is located approximately 125 kilometers southeast of Dammam, Saudi Arabia. GE Vernova provided a holistic solution including the core power plant equipment, its 7HA.01 gas turbine, and a service agreement for 20 years, including maintenance and supply of parts aiming to manage all aspects of the engine’s lifecycle. The facility is expected to be among the most efficient power plants in Saudi Arabia. The cogeneration process maximizes energy output by…

ABU DHABI, United Arab Emirates — Global energy technology company SLB (NYSE: SLB) today announced the launch of Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes. Tela will be embedded in SLB’s portfolio of applications and platforms, and users will interact through a simple conversational interface. This approach enables agentic AI to act as a proactive collaborator — augmenting the workforce to achieve greater productivity and efficiency at scale. Tela follows a common five-step agentic AI loop: observe, plan, generate,…

Riyadh, Saudi Arabia: Etihad Salam, a leading provider of secure digital infrastructure and advanced communication technologies, today joined the Saudi Arabia Quantum Network Consortium (SQNC)—a pioneering initiative led by King Abdulaziz City for Science and Technology (KACST) through its Saudi Research & Innovation Network, MAEEN. The SQNC brings together a powerful coalition of global and regional technology leaders—including Microsoft, CISCO, and Cyberani—to accelerate the development of quantum-secure communication networks across the Kingdom. This strategic collaboration spans expertise in software, network hardware, connectivity, and cybersecurity, laying the foundation for a resilient and quantum-safe digital future. “Our partnership with the Saudi Quantum…

Faraday X Secures Over 200 FX Super One Preorders Within 48 Hours of Middle East Launch FX Super One UAE sales officially open on October 28, with the first B2C preorder payment completed by crypto. DUBAI, United Arab Emirates – (November 03, 2025) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced better than expected preorder results following the Middle East final launch of its FX Super One. Within 48 hours of the launch event, the Company received three non-binding non-refundable paid preorders covering…

Kingdom of Saudi Arabia:SAL Logistics Services, the national leader in cargo handling, logistics solutions, and supply chain management in Saudi Arabia, has signed a strategic partnership agreement with TAM Group to strengthen air cargo operations between China and the Kingdom.The signing took place on the sidelines of the Transport Logistic Southeast Asia Exhibition in Singapore one of the world’s leading events in the transport and logistics sector and was attended by top industry leaders from around the globe. This partnership marks SAL’s first international expansion, entering the Chinese market through TAM Group a key milestone in expanding into one of…

Dubai, UAE: National Bank of Fujairah (NBF) and StorIT Distribution today announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth across the technology value chain. Under the partnership, NBF and StorIT will co‑create bespoke financing programmes designed for the needs of system integrators, resellers and enterprise end‑users. The solutions will focus on enabling customers to manage cash flow more effectively throughout the technology project lifecycle,…

Football Legend Andrés Iniesta Becomes First Owner and Co-Creation Officer DUBAI, United Arab Emirates (October 31, 2025) — Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global intelligent mobility ecosystem company, today launched the FX Super One at the Burj Khalifa in Dubai. The vehicle, positioned as a First Class EAI-MPV, and announced that soccer legend Andrés Iniesta will become the first global owner of FX Super One and a Co-Creation Officer for the Company. The FX Super One AIHER (AI Hybrid Extended Range) Max edition is priced at 309,000 AED. FF is introducing…