BCG’s Jeel Tamooh workshop a virtual success

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BCG’s empowering initiative under its new format was a resounding success, welcoming nearly 100 participants who worked together in teams as part of the workshop’s Crack-the-Case practical activity   Riyadh, 7 July 2020 —Boston Consulting Group (BCG) held an engaging and productive workshop last week, as part of the Jeel Tamooh program. The initiative dedicated to inspiring and further transforming and honing the skills and knowledge of Saudi Arabia’s most distinguished university students into future leaders. In response to the global pandemic, communication with Jeel Tamooh participants has been maintained through online…

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Inspire your child’s imagination and creativity

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** These toys   result in open-ended play, encourage creativity and provide years of learning! ** There are many different types of toys available on the market today, but all toys are not all created equal. Toys set the basis for how children experience life, and the right ones can be tools for understanding rather than just trying to keep them busy. When using the right toys, a child’s development will dictate its use rather it becoming obsolete. This is the reason why open-ended toys are so fundamental to your…

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Lootah names new COO, CFO; marks seamless transition towards  the next phase of growth in the new era

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 Dubai, 7 July 2020: Lootah Real Estate Development (Lootah) – one of the region’s most prominent real estate developers – has announced the appointment of Russell Owen as Chief Operations Officer (COO) and Faraz Kothari as Chief Financial Officer (CFO), in line with the centralisation of its organisational structure. The significant changes in leadership aim to redirect the focus on ensuring a seamless transition towards the next phase of growth in the beginning of a new era post-coronavirus. According to CEO Saleh Abdullah Lootah, the move reflects the company’s proactive…

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Amlak International Completes IPO Retail Coverage at 2,690%

Amlak International Completes IPO Retail Coverage at 2,690%

Total retail coverage at 2,690% Institutional book build achieved coverage of 498% Successful IPO demonstrates investor confidence in Company fundamentals and long-term attractiveness of Saudi capital market Riyadh, Saudi Arabia: 7th July 2020 NCB Capital, Financial Advisor, Lead Manager, Bookrunner, and Underwriter for the IPO of Amlak International has announced that the offering of the Company’s shares was completed on Sunday 14/11/1441H (5 July 2020G), after finalising the retail subscription tranche, with coverage by individuals at a ratio of 26.90x. The total number of retail subscribers was 266,821, subscribing to…

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Dubai Culture Wins Excellence Award from Arab Federation for Libraries and Information

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Distinction in Dubai’s public libraries services and interaction with the public during the COVID-19 pandemic An integrated work system to support library staff and communicate with them during the closure Rich programmes to maintain the audience’s interaction with libraries and reading as a daily habit Supporting local writers and promoting their literary works through the ‘Introducing a Writer’ initiative Dubai, UAE, July 7, 2020: Dubai Culture and Arts Authority announced that its public libraries had won the Excellence Award in the ‘I Know” initiative launched by the Arab Federation for…

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Zayed University to Host First Virtual Commencement to Honor 2020 Graduating Class

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Her Excellency Noura Al Kaabi: Through our first-ever virtual graduation ceremony, we will aim to honor the graduates’ achievements, grit, and determination in an appropriate manner Dubai-UAE: 07 July 2020 – Zayed University (ZU), a national and regional leader of educational innovation, today announced that it will host its annual graduation ceremony virtually this year to celebrate the achievements of its students amid the global social distancing mandates in place during the COVID-19 pandemic. The University’s graduating class of 2020 includes 1,573 students from 28 different nationalities. This year’s ceremony,…

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Startup Studio initiated to meet current market needs Strategi Advisors

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Innovating and Scaling in the Age of Uncertainty drives the need for a dynamic Startup Studio To bring together innovative and forward-thinking visionaries to build an entrepreneurship ecosystem in the UAE that engages not only entrepreneurs but also decision makers and encourages startups to aim higher in terms of visibility and impact on the global stage, Strategi Advisors initiates their startup arm, the Strategi Startup Studio. With an abundance in Risk Capital in the UAE and startup scalability being the new heaven for investments diversification, Investors at all levels like HNI,…

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COVID-19 exposes companies without a digital roadmap and widens the DIGITAL DIVIDE

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Acceleration of digital transformation necessary to prepare for future disruptions Almost half of the global population still without internet access Collaboration between public and private sectors essential to prevent widening digital divide Strong business case for small and medium enterprises (SMEs) to invest in Artificial Intelligence (AI) John O’Shea, Dell Technologies, and Pier Paolo Tamma, Pirelli debate the benefits of digital transformation at the Global Manufacturing and Industrialisation Summit’s Virtual Edition (#GMIS2020) Hannover, Germany – July 7, 2020: Senior representatives from Dell Technologies and Pirelli today agreed that the acceleration…

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in5 startups raise AED65 million in H1 2020

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in5 entrepreneurs raised 465 million dirhams since 2013 TECOM Group’s startup incubator sees investments rise to six-month high More than 216 active startups by end of H1 2020 Dubai-UAE: 06 July, 2020 – in5, an enabling platform for startups and entrepreneurs launched by TECOM Group, today announced that its members have raised more than AED65 million in direct investment, through multiple funding sources such as venture capital funds or angel investors, during the first six months of 2020.After generating more than AED400 million in funding between 2013 and 2019, the…

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Sobha Realty Committed to Timely Project Delivery Despite COVID-19 Challenges

Sobha Realty Committed to Timely Project Delivery

On track to hand over Gardenia Villas Phase II, Hartland Greens Phase III in 2020 Sobha Hartland master development construction reaches 25% completion Dubai-UAE: 06 July 2020 – Reinforcing its reputation for the highest international standards and timely project delivery, Sobha Realty, the leading premium real estate developer, today confirmed  that it remains committed to its construction schedule for 2020, with delivery on track across Sobha Hartland, its flagship master development located at Mohammed Bin Rashid Al Maktoum City in the heart of Dubai. The company announced that Gardenia Villas…

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UAE’s first Covid-fighting robot is here

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6 July 2020, Dubai, UAE: Sanitizexperts, the Dubai-based professionals in home, office and industrial air sanitization introduce the Automated UVC Robot, the latest intelligence in the UAE in the fight against Covid-19. Forget harmful chemicals, sprays, smells and residue, the Robot uses Ultraviolet to provide a 360degree disinfection of public space air. Thanks to extensive testing in the long and hard battle against Covid-19, the International Ultraviolet Association (IUVA) has proven that UV disinfection technologies are a multiple barrier approach to reducing the transmission of the Covid-19 virus. The Ultraviolet…

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Madinat Al Irfan Development Company Begins Construction of its Iconic Customer Experience Centre

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Designed with a modern and sustainable architectural theme Muscat, Oman, 5 July 2020:  Madinat Al Irfan Development Company SAOC, the partnership between Omran and Majid Al Futtaim Properties, today announced the contract award for construction of its Customer Experience Centre. The Centre will be the headquarters and sales hub for the joint venture company and will include interactive displays and a covered open-air plaza for project events. The Customer Experience Centre is set amongst a range of premium commercial office buildings, central marketplace, health care district,  hotel, residential and serviced…

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30Emirates Loto Stops and Helps 180,000 UAE residents 2 lucky winners take home 500,000 in last night’s draw

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5 July 2020, Dubai–UAE: Emirates Loto has pledged ongoing support of a community charity drive, Stop and Help, which helps families with children living in the UAE. Emirates Loto will be the first company to support the Stop and Help initiative in feeding 180,000 people, via its logistics partnership with Choithrams, which will provide grocery essentials that will feed a household for up to 7-10 days until at least the end of year. Heather Harries, Founder of Stop and Help, said: “It is fantastic that Emirates Loto has stepped in…

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Dubai hotels miss opportunity to save AED 1.45 million on energy bills

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, says sustainability expert Snapshot survey of 12 four and five-star hotels in Dubai from March to May by sustainability consultancy Farnek, reveals energy consumption did not fall in line with occupancy levels year-on-year Experts present survey findings to key UAE hotel professionals during webinar Dubai, United Arabi Emirates, 5th July 2020: According to a research study carried out by leading UAE-based technology and sustainability-driven facilities management (FM) company Farnek, Dubai hotels may have missed out on an opportunity to save thousands of dirhams in energy consumption. Farnek took a…

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Al-Futtaim Malls announces Huge Deals from 50% off  and more on over 100 Brands at new dedicated discount zone, Festival Souk

Al-Futtaim Malls announces Huge Deals from 50% off

Unbelievable savings on new season stock from brands including Adidas, Reebok, Ted Baker, Guess, M&S and much more at Dubai Festival City Mall and Dubai Festival Plaza Dubai, United Arab Emirates, 05 July 2020: Kicking off on 9th July as part of Dubai’s highly anticipated summer shopping extravaganza, Dubai Summer Surprises, Al-Futtaim Malls is launching a dedicated shopping zone, Festival Souk, giving customers the chance to shop at a minimum discount of 50% and more across leading brands. With something for everyone, the Festival Souk will be operating in both Dubai Festival City…

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Graduation Certificates to First Cohort of 40 Board Directors The Financial Academy Award

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GCC Board Directors Institute,  Board Secretaries in Region at Virtual Ceremony Dubai-UAE: 5 July, 2020 – The GCC Board Directors Institute (GCC BDI) in collaboration with The Financial Academy today awarded graduation certificates to the first cohort of 40 board directors and board secretaries that successfully completed the Institute’s two distinct programmes. In light of the social distancing norms enforced by the ongoing COVID-19 pandemic, the graduation ceremony was held virtually. The board directors and board secretaries successfully completed the programmes hosted by GCC BDI over the past 18 months.…

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Dubai launches Marine Agency to regulate dhow sector  and promote its role in reinforcing trade

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For the first time in the MENA region to reinforce attractiveness of dhows The new agency is an organisational unit managed by Ports, Customs and Free Zone Corporation to develop the dhow sector and take care of its affairs while in Dubai waters, in cooperation with relevant government authorities Dubai, UAE, 4 July 2020: The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with Dubai Maritime City Authority (DMCA), have launched the Marine Agency to oversee wooden dhow ships and regulate all their activities while they’re in Dubai waters.…

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Le Vendôme at Emirates Palace reopens its doors

Le Vendôme at Emirates Palace reopens its doors

Le Vendôme, our all-day dining restaurant, has reopened. In compliance with Covid-19 safety precautions, the service will be à la carte rather than a buffet. The restaurant serves à la carte delicacies for breakfast, lunch and dinner, mixing traditional continental recipes with refined Middle East preparations. It caters for in-house guests as well as for external guests visiting the Palace. Operation hours will be from 8:00 am to 8:00 pm. Breakfast will be served from 8:00 am to 11:00 am. From 11:00 am to 8:00 pm we will serve à…

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Don’t forget your reusable bag! 5 tips to help you shop responsibly

Don’t forget your reusable bag! 5 tips to help you

Dubai, UAE, 3 July 2020 – on International Plastic Bag Free Day (IPBFD) — an annual global initiative that aims to eliminate the consumption of single-use plastic bags — Carrefour is calling on all shoppers to play their part in creating a greener, safer world by switching to environmentally-friendly reusable or eco bags. While many shoppers have already made the change, some still struggle to put their sustainable shopping bags to good, eco-conscious use; often forgetting them at home when shopping. With this in mind, Carrefour has put together a…

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MBZUAI&Virgin Hyperloop Partner to Advance Transportation Sector in the Middle East Through AI

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Collaboration seeks to accelerate global development of hyperloop technology and sustainable transport innovation ABU DHABI, UAE – 30 June 2020 — Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world’s first graduate-level, research-based artificial intelligence (AI) university, and Virgin Hyperloop, the California-based category leader in hyperloop development, have signed a Memorandum of Understanding (MoU) to initiate a collaborative approach to research and innovation in the field of AI. In a virtual ceremony, the MoU was signed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and…

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