SNC-Lavalin’s Atkins business expands its digital services in the UAE

SNC-Lavalin’s Atkins business expands its digital services in the UAE

Dubai, The United Arab Emirates, (AETOSWire) – Atkins, a member of the SNC-Lavalin Group, is expanding its digital and technology services in the United Arab Emirates (UAE) to meet the country’s growing needs to deliver new projects more efficiently and enhance existing assets. This sees the appointment of new senior positions to support the Company’s digital transformation agenda. Marianna Imprialou is joining Atkins UAE technology leadership as the Head of Machine Learning and Artificial Intelligence (ML& AI). As part of her role, she will focus on the exploitation of architecture, engineering,…

Sharjah Ladies Club, winner of the title “Wellness Champion” for the second year in a row, promotes healthy living by celebrating “World Wellness Weekend”

Sharjah Ladies Club, winner of the title “Wellness Champion” for the second year in a row, promotes healthy living by celebrating “World Wellness Weekend”

Sharjah, United Arab Emirates,The 2021 edition of the World Wellness Weekend is a special one for Sharjah Ladies Club for winning their second Wellness Champion title for the second year in a row. The World Wellness Weekend, celebrated on the 18th and 19th of September, promotes wellbeing and an active lifestyle, encouraging people to consider their physical and mental health. More than 120 countries participate in the two-day celebration, organizing healthy, fun events for thousands of people. This year, Sharjah Ladies Club is participating by organizing numerous activities and offers…

Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

Africa Finance Corporation Plans 0 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire) – As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering: the Infrastructure Climate Resilient Fund (ICRF). AFC Capital Partners plans to raise US$500m in the next twelve months and US$2 billion over the next three years. The ICRF will act as a direct investor and a co-investment fund to enhance the quality of African ports, roads, bridges, rail, telecommunications, clean energy, and logistics in the face…

Alibaba to face further regulations

Alibaba to face further regulations

Dubai, United Arab Emirates, (AETOSWire): Chinese State Administration for Market Regulation (SAMR) is tightening of antitrust regulations in the agenda for 2021. Beijing has become watchful to expansion and the excessive market power of large technology companies. SAMR director Zhang Gong pursues unfair competition and claims that whether it is an online or offline business, no one can abuse their monopoly position. Obviously, the Chinese government wants to have more control over the tech giants. Alibaba was already fined $2.8 billion by SAMR this April for abusing its monopoly on…

Made in Portugal naturally in Middle East at ‘Index Saudi’ Rhyade’21

Made in Portugal naturally in Middle East at ‘Index Saudi’ Rhyade’21

Riyadh, Saudi Arabia, (AETOSWire): Created by the Portuguese Association of Wood and Furniture Industries (AIMMP), Associative Design – The Best of Portugal, promotes Portuguese products globally. The regular presence of the brand Associative Design – The Best of Portugal since 2016 in renowned events in the Middle East, such as Dubai Design Week, Downtown Design Dubai, Idf Omãn and The Hotel Show – Dubai, allow us the expansion of the brand under the promotion ‘MADE IN PORTUGAL, naturally’, in the surrounding markets in order to take advantage of the investment…

Best’s Market Segment Report: Profits and Capital Rebound for Listed Insurers in United Arab Emirates

Best’s Market Segment Report: Profits and Capital Rebound for Listed Insurers in United Arab Emirates

LONDON–(BUSINESS WIRE/AETOSWire)— For the listed insurance market in the United Arab Emirates (UAE), the first half of 2021 has been marked by a notable rebound in profit and overall capital levels, compared with the picture 12 months previously, according to a new AM Best report. The Best’s Market Segment Report, titled, “Profits and Capital Rebound for Listed Insurers in the United Arab Emirates”, states that the UAE insurance market’s performance as a whole has been resilient to challenging macroeconomic conditions and intense competition. Overall market premiums written reached AED 15.1 billion for the…