Category: Latest News

  • Mark AB Capital and Blaize Announce Groundbreaking Partnership to Pioneer the World’s 1st AI Nation in the UAE

    Mark AB Capital and Blaize Announce Groundbreaking Partnership to Pioneer the World’s 1st AI Nation in the UAE

    Mark AB Capital and Blaize Announce Groundbreaking Partnership

    to Pioneer the World’s 1st AI Nation in the UAE

    Abu Dhabi, United Arab Emirates – September 7, 2023 – Mark AB Capital, a leading investment firm, and Blaize, a cutting-edge artificial intelligence (AI) technology company, have joined forces to embark on an ambitious journey following the vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan the President of the United Arab Emirates (UAE), to establish the world’s first AI nation. This transformative partnership is set to usher in a new era of technological innovation and sustainable development in the UAE.Under the visionary leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, the UAE has consistently demonstrated its commitment to becoming a global technology and innovation hub. This strategic collaboration between Mark AB Capital and Blaize represents a significant milestone in the UAE’s quest to lead the world in AI-driven advancements.

    The partnership between Mark AB Capital and Blaize will focus on utilizing Blaize’s state-of-the-art edge AI technology that has forty seven pioneering patents that underpin their cutting-edge solutions.  Adding to Blaize’s prowess is their strategic backing. They have garnered support from industry giants and visionary investors like Franklin Templeton, Toyota, Temasek, Daimler and Samsung that recognize the company’s potential to shape the future of AI and edge computing.

    This initiative aims to enhance various sectors including healthcare, transportation, education, finance, and more, through the power of artificial intelligence.

    Key objectives of this groundbreaking partnership include:

    • AI Infrastructure Development: Mark AB Capital and Blaize will work together to build the critical AI infrastructure required for the development and deployment of AI solutions across the UAE. This infrastructure will serve as the foundation for the AI nation.

    • Research and Development: The partnership will invest in cutting-edge AI research and development initiatives to foster innovation in AI technologies, ensuring the UAE remains at the forefront of AI advancements.
    • AI Talent Development: Mark AB Capital and Blaize are committed to nurturing local talent in AI through educational programs and initiatives, thus building a skilled workforce capable of driving the AI nation’s growth.
    • AI Governance and Ethics: The collaboration will also prioritize the development of robust AI governance and ethical frameworks to ensure the responsible and ethical use of AI technologies across the nation.

    His Highness Sheikh Mohammed bin Zayed Al Nahyan’s vision for the UAE as the world’s first AI nation represents an unwavering commitment to leveraging AI to improve the lives of citizens and residents while creating a sustainable and prosperous future. This partnership with Mark AB Capital and Blaize aligns seamlessly with this vision, promising to accelerate the UAE’s journey towards becoming a global AI leader.

    Commenting on this historic collaboration, Abdullah Mohamed Al Qubaisi, CEO of Mark AB Capital, said, “This partnership signifies a pivotal moment in the history of technology and investment. The UAE has demonstrated its commitment to embracing AI, and our collaboration with Blaize will propel us towards achieving this ambitious goal. We look forward to making the UAE a beacon of AI excellence for the world to admire.”
    Dinakar Munagala, CEO of Blaize, expressed his enthusiasm about the partnership, saying, “We are thrilled to partner with Mark AB Capital to embark on this remarkable journey. Our AI technology has the potential to revolutionize every aspect of life in the UAE, from healthcare to education and beyond. Together with Mark AB Capital, we are committed to making the UAE the first AI nation, setting a global precedent for AI innovation.”This partnership between Blaize and Mark AB Capital marks a historic milestone in the journey toward creating the world’s first AI nation. As the UAE takes bold steps to lead in the era of artificial intelligence and sets the stage for a brighter, technologically advanced future for the nation.
    About Mark AB Capital: Mark AB Capital is a forward-thinking investment firm with a focus on strategic partnerships that drive innovation and progress. Committed to shaping the future, Mark AB Capital seeks opportunities that align with its vision for a better world. www.markabcapital.net
    About Blaize: Blaize is a global leader in AI technology, providing cutting-edge solutions for businesses and governments worldwide. With a commitment to innovation and excellence, Blaize is driving the future of AI-powered applications and services. www.blaize.com

  • AXL Electric Vehicles unveils the first Canadian EV brand

    AXL Electric Vehicles unveils the first Canadian EV brand

    AXL Electric Vehicles unveils the first Canadian EV brand

    Exceptional driving experience with a new electric vehicle combining luxury, affordability and superior technology

    Dubai(Press Release) AXL Electric Vehicles (AXL), the Canadian automotive company dedicated to revolutionizing the EV industry by making luxury electric vehicles more affordable, is proud to announce the world premiere of its SHARX-5, the company’s new electric mid-size SUV, in Dubai.

    The new vehicle was revealed in a glamorous event attended by the company’s Founder & CEO, higher management, and top engineers who worked to achieve the company’s mission to create a surprisingly affordable luxury car. SHARX-5 combines superior technology with luxury features, and an exceptional driving experience, all with climate sustainability at its core.

    “We’re thrilled to introduce the SHARX-5 to the world,” says Ali Eslami, Founder & CEO of AXL. “Our mission is to make luxury electric vehicles as affordable to as many people as possible. By doing so, we can do our part to help reduce the effects of climate change, and leave a legacy we can be truly proud of. We’re unveiling a superior electric vehicle that delivers an exceptional driving experience. Built with advanced technology and designed with a relentless focus on innovation, we’re bringing luxury electric vehicles to a much wider audience than ever before.”

    According to Ali, the timing is perfect for AXL’s entry into the market. “We are filling a need for a more affordable EV that also delivers a luxurious driving experience.” The global automotive market is witnessing a rapid shift to electric vehicles where governments are beginning to curb the sale of new gas-powered vehicles, “a shift that’s coming sooner than many people think”, says Ali.

    Addressing misconceptions related to the shift to electric vehicles, Ali commented that repairs and maintenance are not expensive for EVs and that AXL will be manufacturing electric vehicles that are made up of fewer components than a gas vehicle, with the ability to be updated over-the-air. EVs are becoming cheaper to repair, break down far less frequently, require significantly less maintenance, and can last several years longer than gas cars. AXL is committed to making the switch to an EV as easy and seamless as possible. AXL EVs can be charged with universal chargers, and there are more public charging stations being built every day.

    Ali explains, “Our goal is to establish AXL as a leading global EV brand by providing a superior EV with outstanding features to make the driving experience the smoothest, most-luxurious ride ever. But unlike other luxury EV brands, we set out to make ours as affordable for as many people as possible.”AXL Electric Vehicles Inc. intends to improve the customers’ lives with a positive contribution to the community through hard work, commitment, and innovation. It has been established to satisfy the increasing demand for electric vehicles which are better for the environment, cheaper to operate, maintain and deliver superior performance. Aiming to create a luxurious electric vehicle that can be affordable for more people, the company was founded on the belief that climate sustainability should be accessible to everyone and not just the rich.AXL is rooted in six core values: simplicity–one model that has it all, affordability– to help people make the switch faster and easier by making its vehicle the most affordable in its class, luxury– its EV includes the most features that can be found in a high-end luxury vehicle to ensure an effortless and comfortable driving experience, safety–its technology is built with safety at its core where every possible feature was included to increase safety inside the vehicle. Other values include community–reversing climate change requires all of us to play our part, and AXL aims to put in place several initiatives that promote collective efforts to make a lasting impact on the global community with plans to build charging stations that will be available to all EVs, not just their brand, quality– superior,best-in-class technology, exceptional customer experience with the flexibility to accommodate the changing market demands.(END)

  • Launch of Innovative and Environment-Friendly Electricity Free Cooling Paint

    Launch of Innovative and Environment-Friendly Electricity Free Cooling Paint

    In Partnership with i2cool, Leading Hospitality Services Announces the Launch of Innovative and Environment-Friendly Electricity Free Cooling Paint

     AbuDhabi(News Desk):: Leading Hospitality Services is pleased to announce the launch in the Middle East, Levant, and African Region of the highly efficient passive radiative cooling paint known as iPaint, which was developed by the Hong Kong start-up company, i2cool. The launch take place in the luxurious Emirates Palace Hotel on the 25th of May.

    Leading Hospitality Services obtain an exclusive agreement to distribute and market this innovative product that is low cost and helps save energy. The invention of this radiative paint was inspired by the surface hair of the Saharan Desert Ant with a self-cooling function that can combat the blazing heat from the sun. With outstanding cooling performance, iPaint contains a mixture of polymers and nanoparticles guided by passive radiative cooling technology that covers the surface of objects. When applied to the exterior wall of a building, a significant drop in the building’s indoor temperature takes place by simultaneously reflecting most of the sunlight and radiating out the building’s heat into space in the form of mid-infrared radiation.

    I2cool states, “With our goal to match the trend towards emission reduction and advance the development of energy-saving technology, our dedicated team had spent over seven years of testing and modification before successfully converting the expensive passive radiative cooling technology into affordable commercial goods.”The creators behind this very beneficial product is a technology start-up company formally founded in June 2021 and was supported by the City University of Hong Kong’s “HK TECH300” Entrepreneurship Program and Hong Kong Science Technology Park.

    A Leading Hospitality official said, “As we are continuously striving to go green, we are very much thrilled with this innovation that indeed provides a significant impact on society and the environment. Also, with the warmer climate in the UAE especially during summer, this cooling paint is an ideal invention to contribute to a greener and more sustainable country that will also provide a more comfortable and healthier environment.”

     

  • Q Properties’ phase 2 of its new Reem Hills luxury apartments sells out in just 6 hours

    Q Properties’ phase 2 of its new Reem Hills luxury apartments sells out in just 6 hours

    Q Properties’ phase 2 of its new Reem Hills luxury apartments sells out in just six hours

    AbuDhabi(Press Release)::Q Properties – a leading UAE real estate developer and subsidiary of Q Holding – has seen phase 2 of its recently launched new luxury apartments in Reem Hills sell out in just six hours.

    Located in the heart of the capital and the only gated community on Al Reem Island, Phase 2 features two new buildings with 300 residential units and consists of spacious 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses.Two major selling points of the apartments were a 2 years’ service charge waiver and the fact that this new residential offering is currently the largest on the Abu Dhabi market in a highly desirable neighborhood – while still sitting at a competitive price point.Buyers were also drawn to the light-filled rooms, customizable features, open, closed and combined kitchens and dining, maid’s rooms, en-suite bedrooms, ample storage, dedicated laundry areas, walk-in closets, and large balconies.

    Additionally, the multi-level gardens that seamlessly connect each neighborhood cluster answered the need for closer community ties and access to nature.Commenting on the speed of the sales, Ben Hudson, CEO at Q Properties said: “After the amazing response to phase 1 we were very optimistic about phase 2 – and once again the appeal of this gorgeous development is evident. We’re delighted that our design instincts have been proven right, and I believe this is testimony to where the luxury property market is headed; true communities with a sense of wellbeing and space that also offer enviable access to the vibrancy and convenience of city life.”The sold-out phase 2 apartments at Reem Hills deliver on Q Properties’ mission to provide the highest quality of life for residents and fulfil the needs of the community both present and future.(END)

  • Tadweer and Polygreen partner to achieve zero waste in the UAE, Greece and beyond

    Tadweer and Polygreen partner to achieve zero waste in the UAE, Greece and beyond

    Tadweer and Polygreen partner to achieve zero waste in the UAE, Greece and beyond

    AbuDhabi(News Desk)::  Tadweer (Abu Dhabi Waste Management Company) has entered into a strategic partnership with Polygreen, a global leader in circular economy solutions. Through a Memorandum of Understanding (MoU), the two organizations will work together to explore opportunities to achieve zero waste, circular economy and sustainability in the UAE, Greece, and beyond.In addition to exchanging knowledge and best practices, they will collaborate on high-profile global events such as COP28, UN events, and Delphi Economic Forum. The partnership will also explore harnessing Polygreen’s “Just Go Zero” model in Abu Dhabi, which focuses on engaging with local stakeholders, to achieve zero waste in the Emirate.

    The MoU follows the agreement signed last year between the UAE and Greece, during the visit of His Excellency Kyriakos Mitsotakis, Prime Minister of Greece, to Abu Dhabi. The MoU centres on establishing an investment framework worth 4 billion Euros, between ADQ and both of the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of Investments (HDBI).

     Chief Executive Officer of Tadweer,Eng. Ali Al Dhaheri, said: “We are thrilled to announce our new partnership with Polygreen, which will be instrumental in helping us achieve our shared goal of a sustainable future. This collaboration marks a critical milestone in our journey towards a circular economy and a zero-waste Abu Dhabi. We value the exchange of best practices with international organizations such as Polygreen, to help us identify innovative ways to promote sustainable practices and reduce our environmental footprint.”

    Founder & Chairman of Polygreen Mr.Athanasios Polychronopoulos, said: “On this significant day, we are thrilled to witness our vision for a Zero Waste Planet extending beyond our national borders. About a year ago, Polygreen accomplished a remarkable feat by implementing the Just Go Zero initiative, which turned a Greek Island into a zero waste destination. Today, we join forces with Tadweer, to establish a robust circular economy operator in the Middle East, starting with a mission to make Abu Dhabi the first Zero Waste Emirate. This partnership paves the way for the reduction of greenhouse emissions and the transition to sustainable development.”-END-

  • An honorary doctorate in International Economics & Business Administration to Mr. Khalifa Saif Almuheirbi

    An honorary doctorate in International Economics & Business Administration to Mr. Khalifa Saif Almuheirbi

    An honorary doctorate in International Economics and Business Administration to Mr. Khalifa Saif Almuheirbi

    Cairo(news Desk)::Emirati businessman Khalifa Saif Almuheirbi, Chairman of the Arab Gulf Investments and member of the UAE International Investors Council, received an honorary doctorate in International Economics and Business Administration, during the seventh International Inspiration Award, organized yesterday in Cairo, Egypt.

    Almuheirbi expressed his pride in obtaining this doctorate, which is a recognition of his professional and practical career. He dedicated this success to His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State – may God protect him -, stressing the continuation of work to strengthen the country’s economic and investment position and contribute to its growth and development.

    Dr. Almuheirbi stressed that the honorary doctorate increases the responsibilities entrusted to him, to support the national economy and seek to attract more investments and investors to the UAE, and work for the good of the country and citizens.He announced that the UAE is keen to support and encourage its citizens to reach the highest ranks and get the best certificates to contribute to the construction and development process and to achieve sustainable economic development.

  • Monthly Media Morning Event at Slice ,Grand Plaza Movenpick Hotel Dubai.

    Monthly Media Morning Event at Slice ,Grand Plaza Movenpick Hotel Dubai.

    Dubai(News Desk)::CEO & Founder of  Shakespeare Communications, Anand Shakespeare, today  organized the monthly Media Coffee Morning at the Slice Restaurant with the support of Grand Plaza Movenpick Hotel Media City Dubai, which was attended by a large number of representatives associated with journalism and public relations based in the UAE. Excellent hospitality was shown by the management of Movenpick Hotel and the guests were entertained with aromatic coffee ,delicious pastries and other snacks. All the guest representatives liked it very much and thanked the host of the event, Ananda Shakespeare and the hotel management for organizing  such a wonderful event.

  • Lamborghini Dubai & Abu Dhabi appointed official distributor of luxury yacht Tecnomar for Lamborghini 63 in UAE   

    Lamborghini Dubai & Abu Dhabi appointed official distributor of luxury yacht Tecnomar for Lamborghini 63 in UAE  

    Lamborghini Dubai & Abu Dhabi appointed official distributor of luxury yacht Tecnomar for Lamborghini 63 in UAE

    Dubai(News Desk):: Lamborghini Dubai & Abu Dhabi has been appointed as the official distributor for the luxury yacht Tecnomar for Lamborghini 63 in the United Arab Emirates, serving as the first official distributer of the yacht in the GCC region.A joint collaboration between Automobili Lamborghini and The Italian Sea Group, the Tecnomar for Lamborghini 63 yacht is a true masterpiece of design, engineering and technology. Measuring 63 feet in length, the yacht is a perfect blend of Italian craftsmanship and cutting-edge technology. It is built to withstand the toughest sea conditions while also providing passengers an unparalleled experience of luxury and performance on the water.

    The yacht is inspired by the Lamborghini Sián FKP 37, the limited-edition super sports car, sharing many design traits incluidng the car’s instrument panel, redone in a nautical style, carbon fibre finishing, with Lamborghini’s Carbon Skin™ used in the sports seats and on the helm as well as the unmistakable ignition button, which is the exact same as to start a Lamborghini engine.

    “We are proud to be the official distributor of the Tecnomar for Lamborghini 63 in the UAE. With this partnership, we reinforce our commitment to offer the ultimate experience in luxury and performance, both on land and at sea,” said Mr.Rakan Turki, CEO at Lamborghini Dubai & Abu Dhabi.The Tecnomar for Lamborghini 63 yacht is the fastest in the Tecnomar fleet, reaching a top speed of 63 knots, making it a perfect match for Lamborghini’s high-performance cars. The yacht is fully customisable with a wide array of colours, livery options and materials to choose from as part of Lamborghini’s Ad Personam programme.

    For more information about the Tecnomar for Lamborghini 63 yacht and to discover more about Lamborghini Dubai & Abu Dhabi, customers can call 800 Ultimate. (80085846283)

     

     

  • Gulf Intervention Society 2022 Conference

    Gulf Intervention Society 2022 Conference

    Gulf Intervention Society 2022 Conference

     Gulf Intervention Society supported by DHA bring together leading physicians and interventional cardiology specialists from across the MENA & ASIA

    Dubai(News Desk):: The Gulf Intervention Society (GIS) announces the Fifth Edition of the Leading GCC Annual Conference with the theme of Navigating the future of Intervention cardiology, which brings both Cardiologists, Interventionists, Regional, and Global Experts on a mission to educate and share insight on the latest research and quality patient care within the sector and to develop the vision of collaboration between regional and international bodies in the field of Cardiovascular Intervention care, last year we had more than 800 allied health care attended Physically plus the virtual participation 750++

    GIS President Dr. Fawaz Almutairi, Consultant Interventional Cardiologist at King Abdulaziz Cardiac Center and National Guard Hospital, Riyadh said: “We are pleased to invite you to participate in our 5th Edition of the GIS conference this year, which we have established in 2018 to coincide the huge growth and great success of Gulf Interventional Cardiac Surgeries both regionally and globally. As a trusted resource for the latest scientific research and societal compatibility, we aim to gather insights, knowledge, and best practice to serve the public, countries, and healthcare professionals.

    Regional experts in their field are the board members of GIS, which is also a part of the Gulf Heart Association and led by President Dr. Fawaz Almutairi, Consultant Interventional Cardiologist at the National Guard Hospital in Riyad, and Vice President Dr. Abdullah Shehab the Professor of Cardiology, UAE and the General Secretary Mousa Akbar Consultant Interventional Cardiologist and Head of Cardiology Unit at Al Sabah Hospital in Kuwait and the Treasurer Khalid Bin Thani, Cardiovascular  Medicine and Interventional Cardiology Salmaniya Medical Complex, from Bahrain. They will work together beside twenty intervention doctors gathered from the GCC area from Bahrain, Kuwait, UAE, Oman, Qatar, and Saudi Arabia, to welcome the participation of national and regional cardiac interventionalists to recognize their responsibility towards their patients, fellow physicians, and the health care sector in general.The GIS Vice President, Dr. Abdullah Shehab, Professor of Cardiology commented: “Founding the GIS came from our members’ responsibilities toward their community and patients, as well as the other physicians and health professionals. So, we came to put all the information and make it available for everyone in our field and every health professional in our region.”Thus, GIS aims at leading the cardiovascular community through education, research, and quality patient care. GIS responsibility is to promote the highest possible educational levels, research tools, community interactions and ethical behaviour by health care professionals.

    General Secretary Mousa Akbar, Consultant interventional Cardiologist and Head of the Cardiology Unit Al Sabah Hospital, Kuwait said “In GIS we care about sharing knowledge and are keen about our social responsibilities to our communities and professionals in our field, such networking events are important to share and exchange knowledge and experience between physicians in GCC, MENA, and Internationally. We used to host other professionals from Worldwide to share news and knowledge.”This year Conference will have Dual Knowledge sessions with 7 different societies regionally and internationally such as: the Asian Pacific Society of Cardiology – Cardiological Society of India – Indonesian Heart Association – Japanese Circulation Society – Pan African Society of Cardiology and the Cardiovascular Research, Education & Prevention Foundation-CVREP. They will all be discussing the latest medicine and treatments. And will also include 4 live-streamed cases from Mount Sinai Hospital, New York, USA, Alqassimi Hospital, UAE, King Fahad Medical City, Riyadh, Saudi Arabia, and Mubarak Hospital in Kuwait.

    Treasurer Khalid Bin Thani said:” The GIS 2022 conference, supported by Dubai Tourism and the Dubai Health Authorities (DHA) will take place from November 3rd  to 5th at Intercontinental Festival City, Dubai, and will welcome participating bodies including: ECS – Emirates Cardiac Society, JIM – Joint Interventional Meeting, SCAI – Society for Cardiovascular Angiography and Interventions, SACIS- Saudi Arabia Cardiac Intervention Society and the Kuwait Cardiac Society”. GIS Society and conference are managed by ICOM as Core PCO.Since the inauguration of such an Iconic event in 2018, the GIS Conference has seen attendance, speakers, and geographical participation increase by 60-70% year on year.

     

  • Ultimate Motors – The New Authorised Dealer for Automobili Lamborghini in Dubai & Abu Dhabi

    Ultimate Motors – The New Authorised Dealer for Automobili Lamborghini in Dubai & Abu Dhabi

    Lamborghini Dubai & Abu Dhabi

    Ultimate Motors – The New Authorised Dealer for Automobili Lamborghini in Dubai & Abu Dhabi

    Dubai(News Desk):: UAE based company, Ultimate Motors has been confirmed as the new authorised dealer for Automobili Lamborghini in Dubai and Abu Dhabi.Since the 1st of August 2022, the current and new Lamborghini customers across Dubai and Abu Dhabi can refer to the dealership located in Sheikh Zayed Road for all sales (including new and certified pre-owned cars), after sales and customer service.

    Speaking about the appointment, Paolo Sartori, Regional Head, Automobili Lamborghini Middle East and Africa said: “We are excited to welcome Ultimate Motors as our new dealer in Dubai and Abu Dhabi. With a product offering more wide-ranging than ever, more technologically advanced and able to amplify our customers’ emotions, I’m sure that we will continue to grow the brand in the UAE, building on our success and popularity from previous years” Comprising a highly experienced and skilled management team, Ultimate Motors has been appointed by the Italian super-sports car manufacturer following an extremely successful first half of 2022 for the brand in the UAE.

    Martino Picotti, General Manager at Ultimate Motors said: “We are delighted to take on this role as the new dealer for Automobili Lamborghini in Dubai and Abu Dhabi. And we are confident that we can create a successful future for the Italian automaker in the UAE by continuing to gear up our operations and enhancing our structure with the introduction of key functions and departments such as the Selezione Certified Pre-owned, CRM, and Training & Compliance. Therefore we look forward to providing our customers with an unrivaled experience, while maintaining the highest levels of quality.”The UAE is the biggest market for the car manufacturer in the region, and with Ultimate Motors, Automobili Lamborghini is looking forward to introducing its customers to a wide range of new and exhilarating models as well as continuing to push forward the brand’s vision of the future and adoption of innovative technologies in the years to come.To discover more about Ultimate Motors and to keep up-to-date with the latest Automobili Lamborghini news in the UAE, customers can visit theultimatemotors.com.