Author: Mahdeehassan

High demand saw homes swiftly sold-out during the launch event with preparations already underway for the announcement of the next phase. Buyer response demonstrates increasing interest in sustainable, design-driven communities across Sharjah. With hundreds of homes sold during phase 1, the project establishes a new model for integrated urban transformation in the region. Sharjah, UAE – BEEAH has reported exceptional sales for phase 1 of Khalid Bin Sultan City, its first flagship real estate development, with one residential node fully sold out during the launch event held at BEEAH Headquarters. The buyer response underscores Sharjah’s growing appetite for sustainable, design-led communities…

UAE – Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification efforts, announced the launch of a series of non-financial enablement programmes designed to support 500 entrepreneurs and SME founders. This initiative is part of the national campaign “The Emirates: The Startup Capital of the World,” aimed at accelerating the growth of startups and strengthening the UAE’s position as a leading global entrepreneurship hub. The programmes will provide founders with access to mentoring, capacity-building, and market entry support through EDB 360, the Bank’s fully digital banking platform that enables businesses to open an account fast with no minimum balance, zero monthly fees,…

Abu Dhabi, UAE – The Abu Dhabi Investment Office (ADIO) has signed a strategic partnership with Glydways, Inc. (Glydways) a leading global Automated Transit Network (ATN), to explore the deployment of its innovative transit systems across the Emirate of Abu Dhabi. The collaboration, which builds on momentum from the recent Abu Dhabi Investment Forum in New York, marks a milestone for the emirate’s Smart and Autonomous Vehicle Industries (SAVI) cluster and Abu Dhabi’s strategic vision to become a world-leading ecosystem for smart and sustainable mobility. Announced during DRIFTx, Abu Dhabi’s flagship exhibition for smart and autonomous mobility held as part…

Red Hat, the world’s leading provider of enterprise open source solutions, today announced Red Hat Confirmed Sovereign Support for the 27 member states of the European Union to address the critical strategic imperative for digital sovereignty in Europe. This new support offering is purpose-built to deliver dedicated EU-citizen-driven technical support from within the EU for Red Hat software subscriptions, providing a new level of verifiable local control over critical IT operations. More and more European business leaders are looking to digital sovereignty as a way to help drive economic differentiation in a global marketplace, as well as insulate operations from…

Abu Dhabi: Eli Lilly and Company (NYSE: LLY) today announced it is building the most powerful supercomputer owned and operated by a pharmaceutical company, in collaboration with NVIDIA. The supercomputer will power an “AI factory,” a specialized computing infrastructure that manages the entire AI lifecycle from data ingestion and training to fine-tuning and high-volume inference. “Lilly’s mission is to make life better for people around the world, and today that requires excellence not just in science but also in technology,” said Diogo Rau, executive vice president and chief information and digital officer at Lilly. “I don’t believe any other company in our industry is…

Building on the success of its acclaimed debut, Janu Tokyo, Aman Group is set to unveil a new property in Ras Al Khaimah as part of a robust pipeline from its sibling brand Janu: Janu Al Marjan Island. The hospitality brand dedicated to soulful connection and purposeful travel, will open its newest hotel and exclusive Janu branded residences on Al Marjan Island, further expanding its global offering and joining forthcoming Janu Dubai in the region. Positioned on a collection of pristine islands stretching into the Arabian Gulf, Janu Al Marjan Island will offer a fresh perspective on coastal living. As…

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…