Volvo Cars to be fully electric by 2030

Volvo Cars to be fully electric by 2030

Al-Futtaim’s Trading Enterprises – Volvo announced today Volvo Cars commitment to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030. By then, the company intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. The company’s transition towards becoming a fully electric car maker is part of its ambitious climate plan, which seeks to consistently reduce the life cycle carbon footprint per car through concrete…

Saudi banks have thrived rather than survived ; a dynamic outlook for 2021

كي بي إم جي: توقعات باستمرار قوة أداء القطاع المصرفي

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021  KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding stable year, as compared to a shaky outlook in the corresponding period last year. KPMG reported that the 11 Tadawul-listed banks stayed resilient at the end of 31 December 2020 reflecting signs of recovery since uncertainties…

SHAREit Issued an Official Statement Regarding Data Security Incident

منصة شيرإت SHAREit تصدر تصريح رسمي حول الثغرات الأمنية المحتملة

Dubai, UAE – February 21, 2021 – SHAREit issued a statement regarding a Trend Micro report  about potential security vulnerabilities in our app: SHAREit app is a leading file sharing, content streaming and gaming platform. Since its inception, billions of users have entrusted SHAREit to quickly and securely share their files. The security of our app and our users’ data is of utmost importance to us. We are fully committed to protecting user privacy and security and adapting our app to meet security threats. On February 15, 2021, we became…

Dubi Cars predicts accelerated digitization of the UAE automotive industry as online transactions skyrocket

دوبيكارز تتوقع تسارع الرقمنة في قطاع السيارات الإماراتي

Dubi Cars online consumer leads grow by 31 percent post-lockdown, achieves record high 100,000 online consumer leads per month Predicts 40% of all UAE pre-owned car transactions will be initiated online by 2022 Dubi Cars International recently conducted three consumer surveys, which reveal a substantial shift towards online transactions for pre-owned cars, as consumer trends continue to change since the onset of the Covid-19 pandemic. The results of the surveys have led the UAE’s most trusted online car marketplace to anticipate 80 percent of all car export transactions and 40…

Announcing Axalta’s 2021 Global Automotive Color of the Year: “ElectroLight”

أكسالتا تختار لون إلكترولايت كأفضل لون طلاء

Meet the color that lights up the future of mobility Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced its 2021 Global Automotive Color of the Year – “ElectroLight.” ElectroLight is an expressively refreshing green-yellow hue with inspired bold, contemporary flavors that echo style, energy and flair. The unique personality of ElectroLight evokes a blend of sporty design elements with functional performance and offers great versatility when combined with two-tone charcoal color accents or matte finishes on a variety of mobility solutions. Further, ElectroLight is formulated…

Deira Enrichment Festival by Ithra Dubai Continuesy to Bring the Communit Together

Dubai, UAE; 4 January 2021: Ithra Dubai, a leading real estate asset manager and developer fully owned by Investment Corporation of Dubai, continues to host the lively community event at the recently launched Sherina Plaza at the Deira Enrichment Project. Launched on the 19th of last month, the Deira Enrichment Festival aims to bring the community together and breathe life in the area with a series of family friendly activations. The festival, which will conclude on January 23rd, 2021, is open between 4 and 10pm on Thursdays and between 2…

Seatrade Maritime Middle East Virtual 2020 will reinforce the leading status of the maritime industry in the region

سيتريد الشرق الأوسط للقطاع البحري 2020 يشهد إقبالاً كبيرًا

With 120 exhibitors and a national pavilion from China The event that will utilise the power of technology to provide an immersive digital experience is set to witness exceptional participation from local and international players Dubai, United Arab Emirates, 12 of December 2020: Stressing on the importance of modern technology and digitalization in the industry, Seatrade Maritime Middle East Virtual 2020 (SMMEV), is set to open from December 14-16, 2020. The three-day event will provide a unique platform to generate business leads and gain industry insights, helping the industry recover…

Emirati designers’ pavilion captivate ‘Jewels of Emirates’ Show visitors

إبداعات إماراتية معاصرة وأخرى تراثية تجتذب زوار معرض “جواهر الإمارات

The Emirati Designers’ Pavilion at the 1st ‘Jewels of Emirates’ Show, which is organized by the Expo Centre Sharjah with the support of Sharjah Chamber of Commerce & Industry, SCCI, has attracted a remarkable turnout of visitors and gold and jewelry lovers, who were extremely satisfied with the exhibits from the latest innovations and rare designs of jewelry sets, as well as the traditional gold and jewelry collections made by skillful craftsmen. Aousha Al Shamsi, 17 years old and the youngest Emirati designer participating in the event together with her…

‘Jewels of Emirates’ Show attracts high turnout of visitors

معرض “جواهر الإمارات” يؤكد مكانة الدولة كوجهة رائدة

The 1st edition of the ‘Jewels of Emirates’ Show, which is currently held at the Expo Centre Sharjah, is witnessing a heavy turnout of visitors who flock to the event to take advantage of the exciting deals and attractive offers by over 100 local exhibiting companies. The exhibition clearly reflects the UAE’s and Sharjah’s outstanding reputation as a leading destination for gold, diamond, and gemstones. Speaking about the importance of the exhibition, the exhibiting companies stressed that the ‘Jewels of Emirates’ Show is an ideal platform for promoting state-of-the-art gold…

Spotii and Vaasara launch cost-free payment plan to bolster over 600 beauty salons and spas across the UAE.

Spotii and Vaasara launch cost-free payment plan to bolster over 600 beauty salons and spas across the UAE.

Dubai, United Arab Emirates,  (AETOSWire): First-in-region ‘Glow Now, Pay Later’ payment plan empowers beauty salons and spas to better engage their customers. Spotii, the innovative UAE-based payment technology platform, and Vaasara, the revolutionary online booking app for salons and spas, have announced a strategic partnership to enable a first-in-region “Glow Now, Pay Later” cost-free payment plan through the Vaasara app. Customers can avail this new payment option at over 600 beauty salons and spas across the UAE. This initiative continues a joint commitment by Spotii and Vaasara to cultivate and…