Majid Al Futtaim Partners with RELEX to Tailor On-Shelf Inventory Across Carrefour Stores

Majid Al Futtaim Partners with RELEX to Tailor On-Shelf Inventory Across Carrefour Stores

DUBAI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)– Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has partnered with RELEX Solutions, provider of unified retail planning solutions, to optimize on-shelf inventory for individual stores based on local demand via automated store-specific planogramming. Through this partnership, RELEX will service all of Carrefour’s 350 stores across 17 countries that are part of Majid Al Futtaim Retail’s growing regional portfolio. RELEX’s advanced, automated planogramming solution allows Majid Al Futtaim to save time and optimize their…

Hunter Point Capital Appoints Operating Partner for Middle East

Hunter Point Capital Appoints Operating Partner for Middle East

NEW YORK–(BUSINESS WIRE/AETOSWire)-– Hunter Point Capital (“HPC”), an independent investment firm focused on taking minority stakes in middle-market alternative asset managers, announced today the appointment of Zade Zalatimo as an Operating Partner. Based in Dubai, Mr. Zalatimo will lead HPC’s capital formation and institutional investor relations across the Middle East. Mr. Zalatimo was previously a Senior Executive Officer of Carlyle MENA, responsible for leading The Carlyle Group’s fundraising efforts in the Middle East, North Africa, and Central Asia, and oversaw the firm’s relationships with family offices, endowments, pension funds, and…

KPMG, Oracle Collaborate to Support Saudi Digital Economy

كي بي إم جي وOracle توقعان اتفاقية لدعم نمو الاقتصاد الرقمي في المملكة

KPMG, Oracle Collaborate to Support Saudi Digital Economy News Highlights The partnership will encourage innovation, attract FDI into Saudi Arabia and create jobs It will help companies in starting innovation, cloud-led technologies from Oracle – including AI, IoT, Machine Learning to initiate digital transformation “KPMG Insights Centre” plays a key role in developing digital talent… is part of an elite global network of 20 centres in the field of advanced visualization and data analytics Oracle is planning a second Cloud Region in Saudi Arabia and one in Dubai. Oracle is…

Abu Dhabi’s Technology Innovation Institute Unveils First Post-Quantum Cryptography Library in UAE

Abu Dhabi’s Technology Innovation Institute Unveils First Post-Quantum Cryptography Library in UAE

Abu Dhabi, United Arab Emirates:  Technology Innovation Institute (TII). the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC). today announced that its Cryptography Research Centre (CRC) has launched the first Post-Quantum Cryptography (PQC) software library in the UAE. The library will advance the cryptographic and security capabilities of the emirate of Abu Dhabi and the broader UAE. International and Emirati researchers at Cryptography Research Centre. one of Technology Innovation Institute’s initial seven dedicated research centres. have developed the PQC library. a software library written in the C…

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

USD Income Fund generates an annual return of 8% while USD Mutajara Fund registers healthy 5% returns Jeddah, Saudi Arabia, March 24, 2021, (AETOSWire) – Sidra Capital, a Shari’ah compliant asset management firm headquartered in Jeddah, Saudi Arabia and regulated by the Capital Market Authority (CMA), has announced healthy annual returns on two of its US Dollar-denominated funds: the USD Income Fund, which generated above-target returns of 8%, and the US Dollar Mutajara Fund, which met its targeted return of 5% for 2020. The returns are especially impressive in light…

RIF Trust Celebrates Women with an Exclusive Offer for Female Entrepreneurs

ريف ترست تحتفي بالمرأة بعرض خاص لرائدات الأعمال

50% off professional fees for all Caribbean Citizenship Programmes  “It’s vital more than ever for modern companies to maintain both 50% female employment rate and equal pay to keep pace with the international standards”, Mimoun Assraoui says Key Points: RIF Trust empowers female entrepreneurs and businesswoman with global mobility through Citizenship by Investment According to the BofA securities’ report, the lack of gender inequality has cost the world economy more than $70 trillion since 1990 (Dubai, United Arab Emirates – March 23th, 2021) – RIF Trust, part of the Latitude…

ADIDAS ACCELERATES ITS COMMITMENT

مذكرة تفاهم لتعزيز مشاركة المرأة في مجال الاستدامة

WATCH US MOVE: ADIDAS ACCELERATES ITS COMMITMENT TO CREATING AN INCLUSIVE SPACE IN SPORT FOR WOMEN WITH PRODUCT INNOVATION AND FRESH WORKOUT SERIES adidas announces Watch Us Move campaign that supports all women, unveiling 2021 roadmap of product innovations from performance tights that help you stay in play during your period, to full cover swimwear The first product innovation to drop is Formotion; adidas’ most supportive activewear yet, available online and in select markets The Move With Us fitness series, accessible for free on YouTube, brings content from a line-up…

fight against climate change

مكافحة تغير المناخ عن طريق إعادة الاستخدام وإعادة التدوير

Reusing and recycling; individual and collective actions in the fight against climate change Ahead of COP26, representatives from Saudi Arabia and the UK government discussed climate change issues yesterday in an online roundtable hosted by the British Embassy in Riyadh Climate change is the biggest and most urgent challenge of our time. During a live forum hosted yesterday by the British Embassy in Riyadh, experts from private and public sectors and civil society discussed the challenge, strategies and actions that need to be taken, with a particular focus on plastic…

ADEK OPENS APPLICATION FOR ABU DHABI SCHOLARSHIPS FOR DISTINGUISHED STUDENTS

فتح باب تقديم الطلبات لبرنامج بعثات أبوظبي للطلبة المتميزين

Application opens 21 March and closes 3 April for high-performing Emirati Grade 12 / Year 13 students and undergraduates aged 24 and under Students accepted at the world’s top 20 universities are eligible for a fast-track scholarship application process Outstanding Abu Dhabi scholars to receive end-to-end academic, career and personal development guidance in-line with the emirate’s future labor market needs  The Abu Dhabi Department of Education and Knowledge (ADEK) announced opening application for the Abu Dhabi Scholarships for Distinguished Students – a premier program for Abu Dhabi’s outstanding Emirati students…

launch of digital experience platform ‘GROHE X’ for its GROHE brand

launch of digital experience platform ‘GROHE X’

LIXIL EMENA celebrates launch of digital experience platform ‘GROHE X’ for its GROHE brand Successful start: Over 12,000 visitors explored GROHE’s brand hub on the first day and almost 4,000 viewers attended the three live events Impactful sustainability engagement: As one of the first sanitary brands, GROHE presented its first Cradle to Cradle Certified® products during the premiere keynote Putting customers at the center: GROHE is increasingly addressing consumer needs with value-adding product innovations and tailored services  ‘Discover what’s next’: With this guiding theme, LIXIL EMENA yesterday successfully launched its…