https://adgully.me/post/1141/tecom-group-breaks-ground-on-specialised-tech-offices-at-dubai-internet-city

TECOM Group breaks ground on specialised tech offices at Dubai Internet City

TECOM Group PJSC, (the “Company” or the “Group”), has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The Group is expanding its leasing portfolio to capture the increasing demand in Dubai’s commercial real estate market underpinned by the emirate’s economic development and the government’s pro-growth strategies.The AED442 million new investment underscores TECOM Group’s commitment to expanding and tailoring its portfolio to emerging sector needs and attracting global companies. It will offer customers high-quality commercial office properties, state-of-the-art office spaces and HQs tailored to customer specifications.Abdulla Belhoul, Chief Executive Officer of TECOM Group, said: “TECOM Group remains a pillar for Dubai’s business hub proposition. New regulatory frameworks and the ease of doing business are accelerating economic growth and reinforcing investor and business confidence. We’re seeing the success of our leadership’s economic diversification strategy reflected in our commercial and industrial real estate portfolio performance this year due to an influx of new companies and talent.“Across our portfolio, existing customers are expanding their operations, complemented by an inflow of new foreign investment. Bespoke solutions like the Innovation Hub address the need for high-quality commercial spaces, helping strengthen Dubai’s position as an attractive global business and talent hub. It also cements TECOM Group as the emirate’s largest commercial real estate owner and our key role in driving innovation and business growth development in Dubai.”TECOM Group’s Q3 2022 financial performance reflected the upward trend in the commercial real estate market. Revenue came in at AED 490 million, increasing 12.48% year on year (YoY), driven by rising occupancy levels across the portfolio, especially office, warehouse, and worker accommodation.The Innovation Hub Phase 2 expands TECOM Group’s assets with two high-end office buildings, four boutique offices, retail spaces and more than 800 parking spaces. To be completed by 2024, the Innovation Hub Phase 2 will provide more than 355,000 square feet of gross leasable area (GLA).Launched in 2018, the first phase of the Innovation Hub is almost at full capacity, providing tech giants like Google, Hewlett-Packard, Gartner and China Telecom a base in the region. With additional stages in the pipeline, the completed Innovation Hub project is expected to add more than 1.2 million square feet of space for technology, education and new media businesses of all sizes to the Group’s portfolio.TECOM Group has cultivated a global business and technology hub under Dubai Internet City. Today, it represents a complete community of Fortune 500 companies, SMEs, start-ups and entrepreneurs. Recent additions include Motorola Solutions and Intel, while longstanding customers 3M, Visa and Meta upgraded to new headquarters this past year. Dubai Internet City also features over 15 innovation centres powered by customers like Visa, MasterCard, SAP, Google and 3M, which are promoting digital transformation region-wide.Commenting on behalf of Dubai Internet City, Ammar Al Malik, Executive Vice President – Commercial Leasing, TECOM Group PJSC, said: “Dubai’s pursuit of a knowledge and innovation economy relies on a robust technology framework. For more than 20 years, Dubai Internet City has provided the necessary infrastructure and environment where the complete tech community can converge. Ready-to-use facilities like our Innovation Hub enable customers to hit the ground running. Expanding our district’s commercial offering to cater to the Emirate’s growing business appetite will enrich our global community with innovation-driven brands and talent.”According to the CORE Dubai Market Report Q3 2022, the Emirate is seeing growth in new licenses and residents, boosting demand in the commercial leasing sector. The report also found that citywide office occupancy levels are the highest since the peak in 2014, up to 83% in Q3 compared to 78% last year.
https://adgully.me/post/1142/cisco-identifies-key-technology-predictions-and-trends-for-2023

Cisco identifies key technology predictions and trends for 2023

 In 2023, the economic climate will continue to be shaped by reducing costs and increasing efficiency. Many companies are therefore looking to the future for innovative technologies that can help here. Today, Cisco outlines the seven technology trends for 2023 in the areas of security, increasing network efficiency, sustainability, and AI.Reem Asaad, Vice President, Cisco Middle East and Africa said: “The dominant theme throughout these trends is the pace of technological evolution that is continuing to accelerate. These technology trends are on the rise in our region and are shaping the future of every business across all industries, driven by ambitious national visions that are putting technology at the heart of governments’ initiatives in the Middle East and Africa. Today we are at the intersection of a vast potential such technologies hold, and the challenges that should be mitigated through robust security measures.” “One of the key highlights we’re witnessing today more than ever is that businesses need to consider the social context of their actions. Increasingly, we see a focus on environmental, social, and governance (ESG) in the region. Whilst we realize that achieving sustainability is complex and multifaceted, what’s certain is that technology continues to play a pivotal role in driving ESG agendas for governments and enterprises,” she added. Sustainability and AISustainabilityNet Zero will drive common standards to meet sustainability goals with advancements in Power Over Ethernet (PoE) design and hardware to transform data centers for a more sustainable future. Networking and APIs will become more advanced within data center platform management to monitor, track, and change the use of energy. IT vendors and equipment partners will be more transparent in their reuse of hardware (circularity) to move the needle with the sustainability processes.Responsible AI In 2023, we will see multiple, highly publicized instances of artificial intelligence used by some individuals and organizations to achieve unethical and socially destructive objectives. Industry, governments, academia, and NGOs will come together to begin hammering out a framework for governing AI in an ethical and responsible manner to mitigate potential harm. This framework will be based on principles such as Transparency, Fairness, Accountability, Privacy, Security, and Reliability and will ultimately be applied to model creation and the selection of training data as defining principles of AI systems.IT Security TrendsQuantum CryptographyTransmitting keys is a fundamental risk to security, as they can be harvested and decrypted later. Quantum Key Distribution (QKD) is poised to be particularly impactful because it avoids any distribution of the keys over an insecure channel. In 2023, in preparation for a post-quantum world, we will see a macrotrend emerge with adoption of QKD in datacenters, IoT, autonomous systems, and 6G.Application and API SecurityAs modern cloud-native applications are becoming drivers of business, protecting the underlying application environment is critical. In 2023, developers will get more and more support from various development tools that speed up development cycles and allow them to manage and secure distributed application architectures with an emphasis on delivering exceptional, secure digital experiences. We will also see continued movement toward tools that allow security experts to collaborate seamlessly on these outcomes.Business Efficiency and ResilienceOptimizing Multi-cloud ArchitecturesAs deglobalization and issues around data sovereignty accelerate, in the year ahead we will see a noticeable shift in how companies leverage multi-cloud architectures. While 89% of enterprises are adopting a multi-cloud strategy for a variety of reasons (geopolitical, technical, provider diversification), the benefits come additional complexity in connecting, securing, and observing a multi-cloud environment. We will see a big move toward new multi-cloud frameworks such as Sovereign Clouds, Local Zone Clouds, Zero-Carbon Clouds, and other novel cloud offerings. This will create a path toward more private and edge cloud applications and services ushering in a new multi-cloud operating model.Full-Stack Observability tied to Business OutcomesThe problem with monitoring has always been too much data with too little context and business correlation. The evolution of application monitoring toward full stack observability will increasingly provide a view relative to business context. When applied systematically, this will drastically speed up response and optimize business operations in real time. In 2023, business context will become widely recognized as an integral part of monitoring and visibility outcomes.Internet of Things (IoT) makes supply chains more resilient??Enterprises and logistics providers will increasingly utilize IoT to bring full visibility into their supply chains in 2023. IoT and other technologies will not only play a larger role in bringing resiliency and efficiency into supply chains but will also improve cybersecurity and IT/OT network management. As a result, enterprises and logistics providers will reconfigure supply chains around predictive and prescriptive models including smart contracts and distributed ledgers. This is a major transition toward more sustainable business practices and circular supply chains.
https://adgully.me/post/1143/banking-realty-sectors-continue-to-drive-uae-financial-markets

Banking, realty sectors continue to drive UAE financial markets

Abu Dhabi main index edged 1.566% higher Monday, supported by First Abu Dhabi Bank (NBAD) gaining 1.520%, to close AED17.360. ADQ, under the brand known as Asmak, continues to break records, closing 0.390% higher at AED410.Dubai's main share index followed suit and rose 0.335%, led by a 1.880 % gain by property blue chip Emaar, which closed at AED5.950, 1.880% up on yesterday's session.
https://adgully.me/post/1144/worlds-coolest-winter-campaign-launches-new-website

'World’s Coolest Winter' campaign launches new website

 The World’s Coolest Winter” campaign, which is carried out by UAE Government Media Office in cooperation with the Ministry of Economy and the entities concerned with tourism, culture and heritage in the country, has launched its new website.The website offers users an interactive experience as it provides information about the most important tourist attractions in each Emirate in both Arabic and English languages.The new website (https://worldscoolestwinter.ae/ar) comes as a part of the efforts aiming at further supporting domestic tourism and outbound tourism to attract tourists from all over the world.The third edition of the campaign adopts the theme "Our Heritage" in favor of highlighting the rich Emirati values and culture and its distinct features that include hospitality, tolerance and solidarity.The website lists the most famous local souks including the Friday Market and Al Bahar souk in Fujeirah, and the Gold souk.The campaign’s website provides a map of the famous cycling paths in the country, as well as a number of UAE islands, which are considered among the most beautiful tourist destinations for visitors and tourists, in addition to a guide for places that allow caravan camping and its requirements.The website also presents a number of locations called the “Hidden Gems of the UAE”, such as the Hatta secret pool that was named by this name as a result of its location between the high rocky mountains, which makes it a hidden place that individuals can reach only after walking through the mountains. Visitors can sit near the pools, relax, swim, or enjoy fishing.The campaign’s website also highlights the most famous hiking paths in the country and a number of places that offer unique and fun activities for children.
https://adgully.me/post/1145/19-newcomers-join-forbes-middle-easts-top-50-most-funded-startups-2022

19 newcomers join Forbes Middle East's Top 50 most-funded startups 2022

 Forbes Middle East has released its annual list of MENA's Top 50 Most-Funded Startups, celebrating the mission-driven young businesses attracting investor attention. Combined, the 50 startups on the 2022 list have raised $3.2 billion in funding, up from $3 billion in 2021.The startups had to have been founded no earlier than 2015 and have raised a minimum of $20 million in total funding to be considered for the list. Startups that were acquired, merged, went public on stock markets, or didn't provide sufficient data on funding and investors, were excluded. Cut off for funding was November 10, 2022.Agri-tech business Pure Harvest Smart Farms climbed from second place in 2021 to secure the top spot this year, having raised $387 million in total funding. In June 2022, the U.A.E.-based startup formed an alliance with Al Dahra Group, increasing the total operating capacity under its management to over 22 hectares. Buy-now-pay-later Fintechs Tabby and Tamara retained their top five positions at second ($275 million) and third place ($216 million), respectively.Fintech companies dominated the funding landscape in 2022, with 21 listees attracting $1.3 billion in total funding. E-commerce (10) and delivery and mobility (four) made up the remaining top three most-populated sectors, raising $576.7 million and $299.6 million, respectively.The startups on the 2022 list represent nine MENA countries. For the third consecutive year, the U.A.E. reigned as the country with the most active startup ecosystem, with 18 startups raising $964 million in total funding. Saudi Arabia is home to 12 startups raising $946.7 million, while 11 startups are headquartered in Egypt, raising $508.5 million.The ranking features 112 cofounders. Only 10 startups are led by solo founders. Noureddine Tayebi is one member of this minority. His ride-hailing, delivery, and payment platform Yassir ranked fifth after becoming the most-funded startup in North Africa with $193.25 million in total funding.Of the 50 startups, 19 are newcomers to the ranking. One newcomer penetrated the top 10—regulated crypto-asset exchange Rain Management. The Bahrain-headquartered startup ranked sixth after raking in $118 million. Beyond securing millions in capital, many new entrants also cemented valuable partnerships, future-proofing their offerings in the market. For example, Egyptian digital payment solutions platform PaySky partnered with Visa to launch the Yalla Card and Yalla Super App in the Middle East. Meanwhile, proptech Huspy acquired three brokerages on its home turf of the U.A.E.: Home Matters, Just Mortgages, and Finance Lab.Click here to view the full ranking of the Top 50 Most-Funded Startups In MENA 2022.Top 5 Most-Funded Startups In MENA 20221 Pure Harvest Smart FarmsTotal funding: $387 millionHeadquarters: UAE.Established in: 20172 TabbyTotal funding: $275 millionHeadquarters: Saudi Arabia, U.A.E.Established in: 20193 TamaraTotal funding: $216 millionHeadquarters: Saudi ArabiaEstablished in: 20204 TruKKerTotal funding: $203 millionHeadquarters: Saudi ArabiaEstablished in: 20165 YassirTotal funding: $193.25 millionHeadquarters: Algeria, Tunisia, MoroccoEstablished in: 2017
https://adgully.me/post/1147/5000-visitors-attended-sharjah-entrepreneurial-festival-so-far

5,000 visitors attended Sharjah Entrepreneurial Festival so far

As things came to a close at the most successful Sharjah Entrepreneurship Festival to date, this 6th edition of the two-day extravaganza, created and organised by Sheerah, attracted over 5,000 visitors, future business leaders and aspiring entrepreneurs to Sharjah Technology and Innovation Research Park (STIRP) this past weekend.It was clear to see the lasting effect that was made this year at SEF 2022 as the energy at the Impact Stage was palpable as a large crowd gathered to witness the closing speech from Sheerah CEO, Najla Al Midfa, as well as the highly anticipated awards ceremony honouring standout entrepreneurs and winners of this year’s SEF Hackathon.The festival has continued to grow from strength to strength and has doubled the amount of speakers at talks and discussions since last year, going from 70 speakers to almost 140 speakers this year, providing visiting entrepreneurs knowledge and insight that could literally have a hand in their future success.Al Midfa congratulated everybody that attended SEF for making it such a successful festival and reminded everyone that they were the real focus, to always stay determined and keep going, saying “We are always on the verge of our greatest adventure”.After the closing speech the MCs prepared the audience to hear the winners of the SEF Hackathon, powered by ICT Fund, to a great applause, and called Engineer, Mohammad Al Hajri, to the stage to present the awards, on behalf of ICT Fund. The third place for the award went to Badran, second place to Decode, and overall winners and first place went to Read my Voice.Next, the winners of “iCodeJr”, the SEF Coding Championship were announced, and CEO of iCodeJr, Hannan Moti was called to the stage. For the Junior Cadet track, Gopika Shendy took the stage and the audience's hearts as the huge sign announcing her achievement was bigger than her. For the Junior Captain track, Mohamed Jefran scooped the awards and for the Junior Colonel track, Waleed Afridi took the honours.Rashid Sahoo, Director of Business Center Management of Sharjah Media City was invited onto stage to hand over the award for the SEF Startup Pitch Competition which went to ‘Optimize’. Ayesha Jasem, Head of Business Development Section of Sharjah Business Women Council was then called up to grant the winner of the Women Founder Track their award, which went to Takalam and the winner of the Tourism track went to Simly and was presented by Karim El Marmari, Marketing Manager at Sharjah Commerce & Tourism Development Authority.The anticipated SEFFY awards winners were then invited on stage with Zohare Haider, Founder of Jalebi.io receiving the Inspiring Founder Award, Fatema Al Hammadi receiving the Promising Future Entrepreneur Award and the Best Pitch Award went to Fortyguard.There was a huge round of applause and congratulations to all of the winners as the MCs wished them all the best in the next stage of their entrepreneurial journey.
https://adgully.me/post/1148/husni-al-bayari-affirms-dubais-2040-plan-will-encourage-ecoconscious-investment

Husni Al Bayari affirms Dubai’s 2040 Plan will encourage ecoconscious investment

 Husni Al Bayari, Chairman & Founder of D&B Properties affirmed that Dubai's Master Urban Plan for 2040 will have a transformative effect on the city's residential sector. The plan, which was announced last year, aims to make Dubai one of the most sustainable and livable cities in the world. Some of the key initiatives include developing new neighborhoods, expanding public transportation, and increasing green space.‘It is about creating a futuristic city that blends technology and sustainability with human-centric living’‘At D&B Properties, we anticipate strong demand for eco-friendly properties across all segments’‘The Urban Master Plan is an expansive strategy that seeks to create an environment where residents can live, work, and play in a safe, secure, and sustainable way’With a population of over 3 million people, Dubai is one of the most dynamic cities in the Middle East. In recent years, it has become a hub for technological innovation, international trade, and luxury tourism.Chairman & Founder Husni Al Bayari stated: “At its core, the Dubai 2040 Urban Master Plan is about creating a futuristic city that blends technology and sustainability with human-centric living. We are already witnessing a shift in the consortium of investor and buyer inquisition for sustainable and tech-savvy properties in Dubai, with many developers having upcoming projects that cater to the environmentally conscious wave. The 2040 Master Plan will further bolster this economic growth while also promoting sustainability and social justice. At D&B Properties, we anticipate strong demand for eco-friendly properties across all segments.”To ensure that this city remains at the forefront of global development, Sheikh Mohammed bin Rashid Al Maktoum, Vice President & Prime Minister of the UAE, and Ruler of Dubai, has given approval for the second phase of the 2040 master plan.The Urban Master Plan is an expansive strategy that seeks to create an environment where residents can live, work, and play in a safe, secure, and sustainable way. It includes major improvements to infrastructure, transportation options, and public safety initiatives that are set to benefit all aspects of life in Dubai. With these developments come immense opportunities for investors and homeowners alike.One of the primary goals is to ensure that high-quality housing is available to all residents of Dubai. To achieve this goal, new developments are being built across different parts of town that offer apartments and villas tailored towards different lifestyles and budgets.These projects range from affordable housing units designed for families on tight budgets to luxurious properties made for those who can afford a more extravagant lifestyle. This means that there is something available for everyone - no matter their budget or lifestyle preferences.The creation of an avenue connecting every residential neighborhood is the focus of Phase II of the master plan. It comprises identifying a location within residential neighborhoods and constructing it in accordance with the linked street network to improve the ease of mobility for residents.Another key focus area is creating incentives for growth in commercial real estate investment. By encouraging businesses to invest in commercial spaces within Dubai’s urban core, it creates job opportunities and encourages economic growth throughout the city.This helps create an environment where businesses can thrive while also helping drive demand for residential properties nearby due to increased employment opportunities within easy commuting distance from home.The plan outlines a vision for how the city will continue to grow and develop in order to meet the needs of its citizens in the future.The ten core efforts that make up the next phase of development include improving urban centers, Dubai Real Estate Strategy, Urban Farming Plan, Preserving Urban Heritage Plan, Creating the 20-Minute City Policy, and a Pedestrian Network Master Plan.HH Sheikh Mohammed recently stated: “Today, we have a clear vision for the development of Dubai’s urban infrastructure and housing sector until 2040. Our goal is for Dubai to be an eco- and pedestrian-friendly city, and a city with a high yield from urban agriculture.”
https://adgully.me/post/1150/amrita-sethi-joins-meaacba-advisory-board

Amrita Sethi joins MEAACBA Advisory Board

Amrita Sethi a pioneer and thought leader in the web 3 space, and the UAE’s first NFT artist has joined the advisory board of the Middle East, Africa and Asia Crypto and Blockchain Association (MEAACBA).The Advisory Board of the Association is made up of notable practitioners and business owners, who will provide advice and support to the MEAACBA Board. The Advisory Board will also act as an expert resource for the Association Members, answering questions and helping start-ups and innovators to develop their companies.MEAACBA Board Chairman, Jehanzeb Awan, said: “We are delighted that Amrita has joined the Association. The unique way she combines physical artwork, NFTs and fashion with augmented, virtual reality and artificial intelligence has made her a global leader in the multimedia art genre. We are excited to have her as an advisor to the Association and know members will benefit from her experience and counsel through a range of initiatives.”Amrita moved into art following a successful career in the banking world, which lead to the creation of her multimedia art genre, SoundBYTEs(c) and her own language called The AlphaBYTEs. She was selected for Expo 2020 and has created one of the world’s largest augmented reality murals and the first of its type in the Middle East.“The crypto and blockchain sector is on a journey which requires education, transparency and regulation. Through the Association I hope I can help support the development of all three of these areas, especially education, so that we can foster innovation and talent.” added Ms Sethi.Further information is available on the MEAACBA website www.meaacba.org
https://adgully.me/post/1152/regional-drinks-giant-kassatly-group-holding-announces-strategic-move-to-cyprus

Regional drinks giant Kassatly group holding announces strategic move to Cyprus

Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player.The mega plant in Ypsonas, Limassol, should be fully operational by the end of 2023, with the company aiming to make the island home within a year, creating 100+ jobs.Founder Akram Kassatly said: “The tax incentives in Cyprus are attractive, but it is the geographical advantages to Europe, Africa, the Gulf countries and the Americas, which are most appealing to us and, most importantly, having Mediterranean and European seals on our products, something coveted by consumers worldwide.”Discussing the logistics of moving an integral part of the business to Cyprus, Mr Kassatly said the input, advice and professionalism of the Invest Cyprus team had made the experience both enjoyable and pain-free.“Invest Cyprus played a huge role in our decision to make Cyprus our base,” he said. “Each step brought a positive surprise, namely exceptional and fast responses from the moment we submitted our business plan to the planning department’s prompt assistance to make the new plant a reality.”Welcoming the Kassatly Family to the island, Invest Cyprus Chief Executive Officer George Campanellas said it was always “a pleasure” to accommodate companies in their search for new markets in Europe and beyond.“Kassatly Group Holding has long been a leading regional player with its innovative beverages, so to be involved in the next phase of this pioneering company’s development is hugely rewarding.“As the national authority responsible for attracting foreign investment and providing certainty to foreign companies operating in Cyprus, we are delighted to be able to provide the kind of platform that an ambitious company like Kassatly Group needs in order to fulfil its global aspirations.“With Cyprus situated at the crossroads of Europe, Asia and Africa – something complemented by a highly-skilled, multi-lingual workforce, robust legal framework and business-friendly environment – it makes the island the ideal investment destination for business.”
https://adgully.me/post/1153/91-of-mena-professionals-feel-optimistic-about-2023-baytcom-survey

91% of MENA professionals feel optimistic about 2023 – Bayt.com survey

A new survey by Bayt.com, the Middle East’s #1 job site, spotlights the career goals Middle East professionals will focus on in 2023. The 2023 New Year’s Resolutions Poll reveals that a majority of MENA professionals (91%) feel positive about 2023 and 88% have made resolutions for the new year.Personal AmbitionsAlthough 79% of respondents are pleased with their professional and personal growth during 2022, most MENA professionals are focused on improving aspects that have a direct impact on the quality of their lives. Among professionals who are making personal resolutions, popular ones are saving money (63%), exercising and following a healthy diet (18%), spending more time with friends and family (14%) and taking more vacations (5%).Interestingly, most respondents are optimistic about their ability to stick to their resolutions – 31% said that they have achieved all their resolutions for 2022 and 35% said they have achieved most of their resolutions for the year.Ola Haddad, Director of Human Resources at Bayt.com said: “A majority of MENA professionals are not only up for a challenge next year, but also view it as a means to enrich their professional and personal life. MENA professionals display a growth attitude, as they are eager to learn and develop and have ambitious goals for 2023. To attract and retain talent, companies must provide the incentives, work-life balance, and professional progression possibilities that employees demand.”Career AmbitionsCareer-related New Year's resolutions are popular among MENA professionals who aim to improve their career prospects in the coming year. These include finding a new job (56%), learning new skills at work (21%), getting a promotion or a salary raise (20%) and improve relationships with colleagues and managers (3%).Among professionals who are looking for new jobs, a whopping 74% are thinking of making a complete change in the industry they currently work in. Whilst looking for new jobs in 2023, respondents will look for career growth opportunities (31%), work-life balance (25%), flexible work arrangements (25%) and competitive salary (20%). Survey respondents use online job sites (69%), company websites (18%), social media (9%) and virtual job fairs (4%) to look for new jobs.Professionals in the MENA region also shed light on their expectations from employers and areas of improvement that could be taken into consideration in the new year. These include providing more training and learning resources (53%), more rewards and benefits (20%), more feedback and support (15%) and being more flexible with timing (12%).Data for the New Year’s Resolutions Poll 2023 was collected online from November 2 to December 4, 2022. Results are based on a sample of 2,988 respondents from the following countries: UAE, KSA, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine, Syria, Egypt, Yemen, Morocco, Algeria, Tunisia, Libya and Sudan among others.
https://adgully.me/post/1136/18-national-and-international-companies-join-the-sdg5-pledge

18 national and international companies join the SDG5 pledge

The UAE’s Leadership continues to champion gender balance as a national priority. The SDG 5 Pledge to Accelerate Gender Balance in the UAE Private Sector has a target of increasing the representation of women in leadership roles to 30% by 2025 to ensure their full and effective participation at the highest levels of decision making.Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council (UAE GBC), wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, affirmed that, the UAE, under the dedicated leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, is continuing to make substantial strides and achieve prosperity in various sectors while actively contribute to supporting global efforts aimed at achieving the 2030 Sustainable Development Goals.Her Highness said that the UAE GBC has intensified its efforts during the past years and will continue it during the coming period in cooperation and partnership with all state institutions to implement the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance the competitiveness of the UAE globally and its position among the best countries in terms of gender balance.Her Highness expressed her pride in all companies that have signed the SDG 5 Pledge, emphasizing their willingness to work closely with the government to advance SDG 5 and gender balance in the UAE private sector and country more broadly. The "SDG 5 Pledge to Accelerate Gender Balance in the UAE Private Sector", has a target of raising women’s participation in senior and middle management roles to 30% by 2025.On 15th December, 18 additional local and multinational companies signed the Pledge, bringing the total to 56. Signatory companies are from a range of sectors including law, healthcare, defense, finance, energy, and professional services.The Pledge has four main pillars: ensuring equal pay and compensation; promoting gender equitable recruitment and promotion; reviewing company policies and programs to advance gender balance; and transparency through annual reporting to the UAE Gender Balance Council.The newest group of 18 companies who signed the Pledge did so during an event organized by the UAE GBC at the Capital Club in the Dubai International Financial Center (DIFC),During the event, HE Shamsa Saleh, Secretary General of the UAE GBC, delivered a speech on behalf of HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, where she expressed her thanks to all the companies for their dedicated support and cooperation with the Council to achieve the vision and goals of the UAE at the local and global levels.Companies who signed on December 15 include: Emirates Group, First Abu Dhabi Bank, Easa Saleh Al Gurg Group, Kaman, Chalhoub Group, Aramex International LLC, Jacobs, APCO Worldwide, Omnicom Media Group MENA, Kraft Heinz MEA, Crescent Enterprises, Saab,, Dentons & Co., Clifford Chance, Charles Russell Speechlys LLP, TVM Capital Healthcare, Brunswick Group, and Russell Reynolds Associates.In turn, corporate officials affirmed during the signing ceremony of the pledge their companies' commitment and the private sector, in general, to work closely with government to enhance gender balance in the UAE.This Pledge is the result a longstanding partnership between the UAE Government and the private sector, and is a direct result of the efforts of the Private Sector Advisory Council on Sustainable Development Goals, in cooperation with the National Committee for Sustainable Development Goals, represented by the UAE Gender Balance Council and the Federal Center for Competitiveness and Statistics Centre.
https://adgully.me/post/1137/start-ups-get-a-chance-to-learn-valuable-insight-directly-from-their-customers

Start-ups get a chance to learn valuable insight directly from their customers

More than 100 exhibition booths provided insight into some of the businesses targeted towards entrepreneurs and featured industries such as Real Estate, Fintech, e-Services Start-ups and host of others at SEF 2022. The booths allowed visitors to SEF to meet the change-makers and innovative entrepreneurs who are already well on their journey to building growing business empires as well as enquire about their businesses to gain valuable knowledge.SEF provides these opportunities to both attendees and business owners to network, share their innovative ideas and creative business models and give visitors a chance to learn about sustainable businesses and how they’ve found a balance between commerce and customer’s needs and their understanding of market variables.
https://adgully.me/post/1139/sharjah-is-on-the-rise-with-a-68-increase-in-female-entrepreneurs

Sharjah is on the rise with a 68% increase in female entrepreneurs

On the opening day of the Sharjah Entrepreneurship Festival (SEF) 2022, the Impact Stage did exactly that — made a huge impact on all in attendance. A panel discussion titled "Marhaba: Welcome to Sharjah", featuring experts in the fields of tourism and business development, discussed strategies for promoting Sharjah as a destination for a global audience, lauded SEF’s efforts in gathering such a large number of entrepreneurs to learn and enrich their businesses. The panel hosted Chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA), Khaled Al Midfa; Mohammed Musharrakh, CEO of Invest in Sharjah; Ahmed Alkhoshaibi, Group CEO of Arada; Maryam Bin Al Shaikh, Director of the Sharjah Business Women Council; and Kareem Al Jisr, Chief Sustainability Officer of Diamond Developers; and was moderated by broadcast journalist Abdul Karim Hanif.Khaled Al Midfa stressed the importance of learning and understanding the culture and history of Sharjah in order to effectively welcome and engage with visitors and the fact that more than 50% of the UAE’s museums were located in the emirate and that tourism made up over 12% of the GDP. "By embracing and sharing our culture and heritage, we can create a truly authentic and meaningful experience for visitors," he said. Al Midfa mentioned that tourism is rapidly growing in Sharjah and even though the population is around 1.5million, over 1.8million people visited and booked hotel rooms in the past year. “Sharjah has a population of over 200 nationalities, we have well diversified economies, we are a dynamic emirate that provides a benchmark for innovation and that exceeds expectations time and time again. We are a hub of possibilities with a strong authentic identity”.Mohammed Musharrakh highlighted the commitment of Sharjah and its government to provide unique and authentic experiences for both visitors and businesses. “Invest in Sharjah plays a crucial role in facilitating this experience through our partnerships and collaborations with businesses and organisations, including the important work we do with Sheera and Sharjah Investors Services Center for example. The turnout today by entrepreneurs and business people investing their weekend into SEF is a testament to the fact that our work is effectively attracting the next generation to our emirate” he said.Maryam Bin Al Shaikh talked about the role of women entrepreneurs in the ensuring holistic development of Sharjah society. "Sharjah has had a 68% increase in female entrepreneurs recently and as the market grows and expands we will continue cultivating an environment that is inclusive and supportive. None of this would have been possible without the important role that people in the top level of government play and the support we have from Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah."Ahmed Alkhoshaibi of Arada talked about the exponential growth Sharjah has had over the past year in the property market with over AED 700 million transacted in last month alone with 90% of the investments being made by foreign nationals. “Although the increase in purchases made by foreigners has been increasing year-on-year, the investment by locals has held steady and these numbers shouldn’t be seen as a decrease in local investment but rather an example of how Sharjah is becoming an increasingly valued destination for the world.”Kareem Al Jisr talked about the role that Sharjah Sustainable City has had on the emirate as a project partnered between Sharjah Investment and Development Authority(Shurooq) and Diamond Developers saying, “Sharjah Sustainable City is a home for new ideas and innovations, a place to innovate problem solving. We pride ourselves on being a place for early adopters and a living lab or “sandbox” for development. We provide a space of 67 hectors for entities and people to innovate and flourish.”The panel discussion was part of the Sharjah Entrepreneurship Festival 2022, a celebration of innovation and business growth in the emirate. The festival will continue on December 18, featuring a range of events and workshops aimed at supporting entrepreneurs, youth, and leaders to share ideas for creating a brighter future.
https://adgully.me/post/1140/sharakah-outlines-future-vision-for-oman-smes-at-18th-annual-meeting-of-insme

Sharakah outlines future vision for Oman SMEs at 18th annual meeting of INSME

Sharakah, Fund for Development of Youth Projects, made by Royal Decree for supporting the SME sector in Oman, recently attended the 18th annual meeting of the International Network for Small and Medium Enterprises (INSME), held in Baku, Azerbaijan. The International Network for SMEs, based in Rome, Italy, holds an annual general meeting to address diverse subjects and significant challenges that concern the SME industry besides discussing the achievements and goals of the Association.This year's INSME conference, with the theme "Empowering SMEs - Economic Diversification & Green Growth," was held at the JW Marriott Hotel, Baku under the patronage of His Excellency Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan. Other prominent international figures in attendance included H.E Yves Leterme, former PM of Belgium, Mr. Sergio Arzeni, President of INSME, Mr. Orkhan Mammadov, Chairman, KOBIA and Ali Ahmed Muqaibal, CEO of Sharakah. Hosted in association with the Small and Medium Business (SMB) Development Agency of the Republic of Azerbaijan (KOBIA), the 18th INSME meeting took into account the current and existing international context for the SME sector; addressing high-interest rates, a possible recession, damages caused by natural disasters and climate change and global conflict amongst others.Recognising that SMEs are essential to the global economy as a driver, contributor and employer, Sharakah discussed future cooperation and joint projects during the highly strategic meeting. On the role of SMEs in global diversification and sustainability efforts, Ali Muqaibal stated, “The speed of energy transition in any economy depends on many factors, such as the energy situation of the country, social and economic factors, etc. Amidst this environment, the incubation provided by multinational organizations and universities for SMEs has played a vital role in promoting green innovation by providing funds, closing gaps for research and development and acting as a catalyst in their integration of a green ecosystem as part of their ESG contribution.”The two-day meeting included many sessions and discussion panels for the attendees to deliberate and exchange market expertise and knowledge. Sessions covered sustainability and energy challenges for SMEs, contingency planning, innovation and green growth, policy and response, Annual General Assembly as well as a fruitful matchmaking session to pair SMEs with potential investors and stakeholders. The event also included sideline meetings for attendees to hold one-on-one discussions.Furthering its efforts to identify opportunities for growth and international engagement, Sharakah organized a side meeting with His Excellency Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business Development Agency of the Republic of Azerbaijan (KOB?A), who has expressed his interest in visiting the Sultanate to seek out potential partnerships and areas of collaboration with Sharakah. It’s worth mentioning that Sharakah, aside from offering financial support and guidance to SMEs, also helps build local entrepreneurial capacity, advocates policies related to the SME sector and promotes the concept of entrepreneurship in the Sultanate in line with Oman’s 2040 vision.
https://adgully.me/post/1127/det-launches-the-annual-dubai-tourism-summit

DET launches the annual Dubai Tourism Summit

Dubai’s Department of Economy and Tourism (DET) has announced the launch of the annual Dubai Tourism Summit, a first-of-its-kind travel forum in the region which will lay the foundation for a home-grown world-class thought leadership programme to boost the city’s resurgent tourism industry and support regional and global tourism.The DET announced the forum today at its bi-annual ‘City Briefing’ event held during the Skift Global Forum East, the first-ever MENA extension of the Skift Global Forum. The Dubai Tourism Summit will provide a networking platform for industry stakeholders to share their vision, ideas, strategies and best practices, as well as insights on leveraging the latest innovations and trends to create a more resilient, inclusive and sustainable future for global tourism.The DET also shared the latest tourism report for the first ten months of 2022. Data showed that Dubai welcomed 11.4 million international overnight visitors between January and October, an impressive year-on-year increase of 134%, taking the city further on its journey to becoming the world’s most visited destination.The DET’s ‘City Briefing’ was presided over by His Excellency Helal Saeed Al Marri, Director General of DET, and attended by more than 1,000 executives from across the tourism ecosystem, including aviation, travel, hospitality and retail sectors. The meeting provided an update and outlook on the industry. It explored ways to continue accelerating the momentum to reinforce Dubai’s position as a global hub for business, investment, talent and tourism.Helal Al Marri said: “We are grateful to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for his visionary leadership, inspiration and guidance that has led to several milestones in 2022. Dubai has always been an international icon of innovation and excellence. The Dubai Tourism Summit will see us working even more closely with our domestic and global stakeholders and partners as we focus on pushing the boundaries further to highlight Dubai’s position as the top international destination and the best city in the world to live in, work and invest. With the Dubai Tourism Summit, we will elevate our blueprint for sustainable growth, contributing towards our industry’s continued success and supporting the recovery of regional and global tourism.”Al Marri added: “Our performance in the first ten months of 2022 indicates that we are on target to achieving our tourism goals, which dovetail with the UAE Tourism Strategy 2031 announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum to attract AED100billion as additional tourism investments and 40 million hotel guests by 2031. It is also a testament to our city’s resilience, robust and diversified market strategy, solid collaboration model between the government and private sectors, and the strength of the city’s diverse destination proposition. We are well-placed to end this year on a resounding note and perform even better in 2023 and beyond, steadfastly supported by our aviation, travel and hospitality partners, who continue to champion Dubai’s position as the first-choice destination for global travellers.”Key markets continue to deliver on tourism volumesThe 11.4 million international overnight visitors who arrived in Dubai between January and October 2022 represented a quantum leap over the 4.88 million visitors that the city welcomed for the same period in 2021. The numbers are close to the pre-pandemic record of 13.50 million international visitors in the first ten months of 2019. Dubai’s international tourism arrivals significantly outperformed other major global destinations, giving Dubai a head start on post-pandemic recovery.Hospitality sector shines across many metricsParticipants were also briefed on the hospitality sector’s outstanding success, as it played a significant part in Dubai’s impressive rebound. Dubai’s growing popularity among global travellers is evident in the fact that there were 54 million online searches for Dubai per month during Q3 2022, which was close to pre-pandemic levels, with bookings in the last few months surpassing pre-pandemic levels.Dubai shares limelight with other global cities with 71% occupancyAverage hotel occupancy in Dubai between January-October 2022 stood at 71%, one of the highest hotel occupancies in the world. This compares to 64% in the corresponding period of last year and just short of the 74% during the pre-pandemic period of 2019. Dubai’s occupancy continues to closely trail the top benchmark cities: Istanbul (75%), New York (74%), Paris (73%), London (73%) and Los Angeles (72%).Hotels register strong growth; supply up by 18% over pre-pandemic levelsDubai’s hotel inventory in October 2022 comprised 144,737 rooms at 790 hotel establishments compared with 122,185 rooms available at the end of October 2019 across 724 establishments. The total number of hotels in the first ten months of 2022 saw an 8% growth over the same period in 2021, highlighting strong investor confidence in Dubai’s tourism sector.The hotel sector outperformed pre-pandemic levels across all other key measurements: Occupied Room Nights, Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR). Despite the significant 18% increase in supply compared with pre-pandemic levels, Dubai hotels achieved strong growth across ADR and REVPAR over 2019 levels. Dubai hotel establishments delivered a combined 30.40 million occupied room nights during the first ten months of the year, a 23% YTD growth and a 17% increase over the corresponding pre-pandemic period of 2019, which yielded 26.01 million occupied room nights.The ADR of AED506 in the first ten months of 2022 surpassed the ADRs for the first ten months of 2021 (AED384) and 2019 (AED400), with a 32% increase in ADR in YTD October 2022 vs YTD October 2021 and a 27% increase vs YTD October 2019. The stellar performance of the hotel sector is also demonstrated in RevPAR growth: a 48% increase in RevPAR in YTD October 2022 vs YTD October 2021 (AED362 vs AED245) and 23% vs pre-pandemic YTD October 2019.Taking Dubai to the worldThe stakeholders and partners were also briefed on the creative global campaigns that Dubai has consistently launched across multiple traditional, digital and social media platforms to highlight the city’s multi-faceted appeal to audiences in international markets. For instance, the highly successful Dubai Presents campaign comprises a series of movie-style trailers featuring Hollywood stars Jessica Alba and Zac Efron and Bollywood star Shah Rukh Khan. Most recently, the ‘Where the World Celebrates’ global campaign features French football star Karim Benzema coinciding with the FIFA World Cup in Qatar.His Excellency Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), said: “Inspired by our visionary leadership, 2022 has been a transformative year for developing and broadening Dubai’s global appeal, designed to keep thedestination top-of-mind and to cater to the varied needs and tastes of international travellers. With the world on the move again, our ability to quickly react, adapt, evolve and tap into existing and new segments of travellers is key to Dubai’s efforts to leverage and benefit from a rapidly and radically evolving global tourism landscape. We have ensured a steady influx of international visitors by offering more value than any comparable destination. We will maintain our competitive edge through our strong public-private partnerships, expansion of the diverse destination offering and constant launching of innovative initiatives and international campaigns to showcase Dubai as a ‘must-visit’ destination, as well as cement its position as one of the most accessible and liveable cities in the world.”Dubai, a family destination and global liveability hubThe briefing highlighted the results of the DET’s International Visitor Survey. The survey revealed that, in H1 2022, Dubai gained significant ground as it consolidated its position as a destination of choice for families and couples (79%) and that international visitors stayed longer in Dubai during their visits in H1 2022 (+0.8 days vs H1 2019). With this, Dubai has seen positive performance across all tourism pillars, from culture to cuisine, adventure, entertainment to shopping. The survey also highlighted that young travellers in the under-35 age group constituted a significant proportion (40%) of travellers to Dubai in H1.A Skift trends report published for the Skift Global Forum East in collaboration with the DET shed more light on Dubai’s emergence as a global destination. The report titled ‘Livable, agile, resilient – Dubai’s blueprint for a 21st-century tourism destination’ highlights the experiences and lessons learned by the city’s leaders, tourism partners, and global industry leaders as they navigate numerous challenges together.Dubai ranks highest among the region’s most liveable citiesThe report highlights that Dubai annually ranks highest among the most liveable cities in the Middle East according to the Economist Intelligence Unit report, a leading provider of global insights and market intelligence. The report underscores the city’s focus on improving the quality of life and its efforts on building a well-rounded and sustainable community, noting that Dubai was ranked No. 2 in 2021 in the Euromonitor International Top 100 City Destinations Index. It also shows that Dubai was the only city with four Top-10 rankings out of sixcategories: Tourism Policy and Attractiveness, Health and Safety, Economic and Business Performance, and Tourism Performance.The Skift report also shared DET data that ranked Dubai highly on tourism-specific pillars. More than 80% of visitors gave “general entertainment” and “hotels/accommodation” at least a nine out of 10 rating in 2021, with several other key areas — outdoor adventure and sports, family entertainment, and shopping and retail — earning such high marks from more than 75% of visitors to the emirate. Each of these areas saw anywhere from four to 12 percentage-point gains in visitor satisfaction.Attractions, achievements and accoladesBuilding upon the city’s drive to diversify its offerings to ensure a broad choice for travellers of all ages, 2022 saw the opening of new attractions and leisure landmarks, including the Museum of the Future and the Mohammed Bin Rashid Library. Dubai continued to be honoured with awards and recognition from the industry. Dubai ranked as the No.1 global destination, the No.1 destination for ‘City Lovers’ and the No.4 destination for ‘Food Lovers’ in the Tripadvisor Travellers’ Choice Awards 2022. The accolades speak volumes about the city’s appeal to a diverse global audience.The biggest success story of the past year was Expo 2020 Dubai, which played a pivotal role in driving worldwide interest in Dubai and accelerating momentum across several sectors, including tourism. Expo attracted 192 participating nations and more than 24 million visits by residents and global travellers, placing Dubai at the heart of a dynamic international agenda and positioning it as a leading global city for trade, investment and tourism. A game-changer in this direction is Expo City Dubai, the dynamic legacy of Expo 2020 that will be a futuristic destination driven by sustainability, innovation, education and entertainment and a model city of the future.A global gastronomy hubDuring the briefing, DET shared the initiatives contributing to these successful tourism figures. The city’s Gastronomy Always On (GAON) campaign has worked tirelessly to bolster Dubai’s position as a global gastronomy hub. The GAON campaign championed Dubai’s array of home-grown dining destinations and street food eateries through a series of events, including the Dubai Food Festival.Dubai’s reputation for serving diverse culinary experiences was further enhanced by the launch of MICHELIN Guide Dubai in June and the arrival of the renowned fine dining food critique brand Gault&Millau. Further, the inaugural edition of Middle East & North Africa’s 50 Best Restaurants recognised 16 Dubai restaurants in February 2022. Dubai is home to more than 13,000 restaurants and cafés serving food and beverage from the cultures of over 200 nationalities residing in the city. This year, the DET also launched the region’s first-ever Gastronomy Industry Report, a comprehensive study of the city and region’s gastronomy scene, reinforcing Dubai’s position as a sought-after global destination for food tourism.A year-round destination for international eventsDuring the briefing, the DET presented the city’s year-round calendar of events, which has been a driving factor behind Dubai’s thriving tourism sector. With an impressive line-up of even more citywide events, activations and experiences led by the iconic Dubai Shopping Festival, the annual Retail Calendar is being unveiled on a large scale throughout 2023, featuring festivals, events, celebrations and promotions.Dubai is also celebrating the FIFA World Cup in Qatar with several pop-ups, alfresco experiences and fan zones, which broadcast live the FIFA World Cup games. These fan zones include BudX FIFA Fan Festival at Dubai Harbour, with Dubai being one of only six cities around the world designated to host official BudX fan zones.This year, Dubai also hosted the first edition of the inaugural Dubai Esports Festival, experiencing great success with attendance by global audiences and celebrity appearances. It reaffirmed Dubai’s position as a global pioneer in technology and sports and further reinforced its international reputation as a leading city for year-round events.The briefing explored Dubai’s position as a key destination for global business events, with 370 bids submitted for international events with 283 international business events in the pipeline and set for future hosting in Dubai. In addition to Expo 2020, the city has hosted globallyrecognised business events and activities throughout the year, including Gulfood, Arabian Travel Market, Gitex Global and now the Skift Global Forum East. These international events have helped amplify Dubai’s position as a tourist destination and welcome an array of ‘bleisure’ travellers.His Excellency Ahmed Al Khaja, CEO, Dubai Festivals and Retail Establishment (DRFE), said: “As a multi-faceted destination that offers visitors a multitude of experiences, events form a key element of Dubai’s tourism strategy. Our reputation as a pioneering year-round international events destination has been bolstered considerably this year, thanks to a roster of quality international leisure and business events. As we reach the end of a landmark year for Dubai in terms of festivals, events and entertainment, we are already looking ahead to 2023 and beyond to cater for the evolving needs of a diversified visitor profile. In preparing for such an outlook, sustained cross-industry partnerships will be even more crucial to retaining Dubai’s status as a leading global events destination.”Cruise hub of the region set to welcome 900,000 cruise touristsCruise tourism also played a pivotal role in the success of Dubai’s tourism sector, with the new season kicking off with the arrival of the cruise liner TUI Cruises (Mein Schiff 6) at the Hamdan bin Mohammed Cruise Terminal, Mina Rashid in October. The 2022-2023 season will see 166 ship calls between Mina Rashid and Dubai Harbour, bringing in an estimated 900,000 cruise passengers and crew.New initiatives to spur growthDubai’s ambition to become the city of the future will be primarily driven by the Dubai 2040 Urban Master Plan, which aims to expand Dubai’s offering and place a reimagined focus on enhancing the quality of life for residents and visitors, with sustainability at the core of these developments. Dubai continues to launch bold regulatory citywide initiatives to promote accelerated growth across the tourism sector, including streamlining access to the city by establishing hassle-free entry procedures for business and leisure travellers and long-term engagement with the city. Such initiatives include the introduction of the 60-day tourist visa from September 2022 and the Five-Year Multi-Entry Visa for employees of multinational companies. These were in addition to other previously announced initiatives – including theGolden Visa initiative targeting investors, entrepreneurs and specialised talents, and Virtual working and Retire in Dubai programmes.During the last year, Dubai has built momentum in business tourism with more flexibility for talent to visit and stay back in Dubai. The new era of flexible working means that people can work from anywhere and at the same time enjoy the diverse offering of that particular destination. Remote workers favour Dubai due to its vast array of co-working spaces, attractive hotel packages, and growing popularity as a global liveability hub.
https://adgully.me/post/1128/bein-sports-to-broadcast-fifa-world-cup-qatar-2022-final-on-free-to-air-and-yt

BeIN sports to broadcast FIFA World Cup Qatar 2022 final on free-to-air and YT

beIN MEDIA GROUP (“beIN”) has revealed its extensive broadcast plans for the upcoming final of the FIFA World Cup Qatar 2022™ – including live, exclusive, and multilingual coverage of 18 December’s finale between Argentina and France. The broadcast will be made available on beIN SPORTS’ free-to-air channel and, as part of its commitment to making the Arab World’s first World Cup accessible for viewers across the Middle East and North Africa (MENA), the match, as well as the entire day’s coverage, will be available to stream free of charge on beIN’s official YouTube channel.As the official broadcaster in 24 countries across MENA, beIN has played a central role in showcasing Qatar and its ground-breaking tournament to the world this past month, with more than 5 billion accumulated views since the biggest sporting event on the planet kicked off on November 20.Sunday’s trophy match between an Argentina side looking to secure a third World Cup title and the regaining world champions, France promises to be one of the most-watched sports events in history.Mohammad Al-Subaie, CEO of beIN MENA said: “The final of the FIFA World Cup Qatar 2022™ this Sunday will be a historic occasion for football, for the Arab World, and for beIN. For this reason, we are determined to make sure it is available to as many people who want to watch it as possible. We started this tournament promising to provide an unrivalled viewing experience to football fans across the region and, with billions of people having tuned in so far, we can safely say we have succeeded in doing that. Now, with two games remaining, we are set to finish the tournament as we started, and cannot wait to witness – and broadcast – history as it is written.”Ahead of the 18:00 final match kick-off inside the iconic Lusail stadium, Arabic coverage will start at 08:00 MECCA on beIN SPORTS’ free-to-air channel, beIN SPORTS MAX 1, and beIN SPORTS’ YouTube channel, with a series of shows and countdowns, before the in-studio build-up gets underway from 16:00 to 02:00 MECCA the following day.English live coverage starts at 11:00 MECCA on beIN SPORTS MAX 3 with the World Cup Daily, followed by a countdown show from 13:00 to 15:45 MECCA. The commentary on the final match will kick off at 16:00 until 21:45 and is available in both Spanish as well as English.French live coverage will begin at 10:00 MECCA on beIN SPORTS MAX 5, with the live pre-match show kicking off at 15:30 MECCA direct from Lusail Stadium. Final match commentary will proceed from 16:00 until 22:30, with Sunday’s coverage being completed with a post-match show.beIN will have the best line up of regional and international talents anywhere in the world providing the best analysis and insight into the much-anticipated Final. Sunday’s studios will include: Mohammed Aboutrika, Tarek Al Jamala, Kaka, Marcel Desailly, John Terry, Ruud Gullit, Omar Da Fonseca and Daniel Bravo. 
https://adgully.me/post/1130/grand-mercure-hotel-residences-ibis-styles-dubai-airport-appoints-arsanious

Grand Mercure Hotel & Residences & ibis Styles Dubai Airport appoints Arsanious

The brand new ACCOR complex celebrating the UAE heritage is pleased to announce the appointment of Arsanious SAAD as Cluster Director of Sales & Marketing.Saad brings more than 13 years of hospitality management experience to the properties, making him a valuable asset to the hotel and group. Using his customer-centric and data-driven expertise, he will play an integral role in leading, developing and supervising the commercial strategy of the 712 keys complex.Saad aims to extend a premium level of service to guests and to build on Grand Mercure Dubai’s market position as a leading luxury hotel in GCC region.Prior to this role, he held the Cluster Director of Sales & Marketing position for IHG Hotels & Resorts Dubai (1600+ keys) where he over achieved the hotel’s revenue in the first 6 months and managed to increase the MPI growth.Saad has a bachelor in Business Administration and Commerce from Zagazig University, Egypt.On his appointment, Saad said, “I am delighted to be part of such a great team. The property has continually raised the bar for offering guests luxurious yet affordable experiences and I look forward to working with the team to build on the reputation that the ACCOR Group has created for itself around the world.” Tyrone Lodder, Cluster General Manager at Grand Mercure & Ibis Styles Dubai Airport, said, “We are glad to welcome Arsanious Saad to the team and confident in his broad skillset. Saad’s passion for optimizing sales revenue will shine as he settles into the new role, ensuring to maintain the properties in "pole position," within its compset.
https://adgully.me/post/1131/uk-difc-joint-statement-on-deepening-data-partnership

UK & DIFC joint statement on deepening data partnership

On behalf of the UK Government and Dubai International Financial Centre (DIFC), the UK Minister of State for Media, Data and Digital Infrastructure, Julia Lopez MP, and Arif Amiri, Chief Executive Officer of DIFC Authority, issued a joint statement on a shared commitment to deepening their data partnership and the promotion of the trustworthy use and exchange of data between the UK and DIFC.DIFC is the first financial centre in the MEASA region to engage with the UK Government on an adequacy assessment.DIFC welcomes the recent and noteworthy progress made by our respective officials to facilitate the free and secure flow of personal data between the UK and DIFC and will prioritise the successful conclusion of the assessment of DIFC in these discussions.International data transfers underpin modern-day business transactions and financial services. They help streamline supply chain management and allow for financial inclusion, so that businesses anywhere, particularly those in the Middle East, Africa and South Asia (MEASA) region with ties to the UK, can scale and trade globally. There are as many as 5,000 British companies operating in the UAE, many of which depend on safe data transfers.Arif Amiri, CEO of DIFC Authority, said: “DIFC is a destination for culture and commerce, but its key distinguishing factor is its legal and regulatory framework. The sound infrastructure built by our legislation is adaptable yet resilient enough to cater to essential, innovative legal principles and best practices that support key business activities in DIFC. The DIFC Data Protection Law 2020 is a prime example of that, and the joint statement issued today with the UK government confirms it.”Jacques Visser, Chief Legal Officer and Commissioner of Data Protection at DIFC, added: “I am pleased to share that our team has been working in partnership with the Department for Digital, Culture, Media & Sport (DCMS) team to build a reliable, scalable yet robust “data bridge” between our jurisdictions. The joint statement issued today is a signal that the UK is taking its place as a leader in innovative data protection policy, and the evaluation of the DIFC Data Protection Law is a key part of the overall policy framework on international transfers. We look forward to completing the assessment in the near future.”Julia Lopez, UK Minister of State for Media, Data and Digital Infrastructure, said: “Trusted data transfers can unlock huge potential for trade, investment and innovation around the world. The UAE has always been an important destination for UK businesses, and I look forward to strengthening our partnership through the free and secure flow of data in the future.”The UK and DIFC share a deep commitment to high data protection standards fit for the digital age, which are underpinned by the trustworthy use of data. We are both working to ensure that our data protection laws facilitate responsible innovation, reduce burdens on businesses and deliver better, lower risk outcomes.
https://adgully.me/post/1132/blue-to-debut-a-fintech-super-app-for-iraq-and-the-middle-east

Blue to debut a fintech super app for Iraq and the Middle East

Blue (Ishtar Gate Company for E-Payment Systems and Services), an Iraq-based fintech company providing a wide range of technology solutions, has released its latest technology that allows users to trade US-listed stocks via a mobile app called Bluepay. Recently approved by the Central Bank in Iraq as the first and only company to offer international money transfer service, Blue CEO Ali Al-Saeed, said, “This is an unprecedented technology solution built and provided locally in Iraq. It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the Iraqi market.”Regardless of the type of cards they have, the multi-currency technology available to all users of the app helps them top up their accounts with by both dollars and Iraqi dinars, then exchange their balances into 10 other currencies. “For instance, converting to Turkish lira enabled tourists to Turkey to have a local-like card and small businesses purchasing products from Turkey had access to e-commerce platforms that only deal with Turkish-issued financial products,” he added.Corridor to ChinaVia the app, Bluepay users can issue a UnionPay Card, a Chinese state-owned financial services company, that helps them carry out financial transactions to/from China. Bluepay UnionPay opens the China corridor for SMEs in Iraq and MENA region to do more business through Chinese companies.Ali Al-Saeed explained, “Our goal is to create the first super financial app in the region that gives freedom to users, while also enabling regional banks to provide unparalleled services using our technology. We plan to expand our services in the region by focusing on Saudi Arabia and the UAE in the first quarter of 2023."Followed Blue Platinum, the first platinum prepaid card“All this comes a few months after the launch of Blue Platinum, the first platinum prepaid card that Bluepay launched in Iraq in partnership with Visa International that aims to provide normal consumers with platinum add-ons as well as other fintech technologies such as the multi-currency capability and zero fess for online transaction,” he concluded.
https://adgully.me/post/1133/study-76-of-uaes-consumers-expect-to-send-more-money-internationally

Study: 76% of UAE’s consumers expect to send more money internationally

Citizens and residents of the United Arab Emirates (the UAE) expect to transfer more money internationally in the next 12 months, according to a study commissioned by Western Union. Exclusive insights show that 76% of consumers who send money and 75% of consumers who receive money, respectively, expect to transfer and collect even more funds over the next year.The study, which surveyed more than 1,000 UAE-based citizens and residents who send and receive cross-border money transfers, explores consumer sentiment on how, when and why they move money. The results bolster Western Union’s recently announced ‘Evolve 2025’ (E25) strategy of combining high-value, accessible retail and digital financial services.Family support is highlighted by 60% of senders as the primary reason for transferring money overseas. Saving for the future comes in a distant second, ranked by 11% of senders. A well-known melting pot of cultures, the UAE is home to more than 200 nationalities and ranks among the top most talent competitive countries. Some of its more sizeable communities come from the world’s largest remittance-receiving economies.Caring for family back home is further re-enforced as one of the main factors driving the number and amounts of overseas transfers. Furthermore, as increased living expenses and global currency fluctuations create additional pressure on personal finances, 74% state that because of higher cost of living in the country they send to, they need to transfer more money. Seventy-one percent state that they take the opportunity to send more money when the currency value falls in their receiving country.“To remit is often a very personal decision. Western Union data also supports that one of the most common reasons why consumers remit is to support loved ones and family,” said Jean Claude Farah, President of Middle East and Asia Pacific at Western Union. “So it is only natural that as the global economic climate challenges affordable ways of living, family support takes precedence over everything else as senders move money,”“Continuously attracting such a diverse range of nationalities is a true testament to the UAE’s efforts to position itself as a global partner, and an attractive and influential economic hub,” Farah added. “We believe that these ongoing efforts will also mean that the UAE will continue to ride the top spot as one of the biggest senders of remittances in the world. It also makes it even more incumbent on us as businesses to connect people to opportunity; Western Union has been doing this for consumers in the UAE for almost 25 years and is deeply committed to the country. As we evolve and grow in the years ahead, we remain steadfast in enabling an environment that drives financial inclusion and creates pathways for long-term economic success across the country’s societies.”Cultures and familial ties influence the frequency and flow of moneySending money shortly after payday regardless of wider economic circumstance (34%), or family needs back home (32%) are the two best-known drivers of money transfer flow and frequency. However, Western Union’s study also shows a third factor: almost a quarter (21%) of consumers say they focus on sending money during festive occasions such as Ramadan, Christmas, New Year and Diwali, as well as other special occasions, such as birthdays, graduations and anniversaries.In an interesting reversal of this trend, 37% of UAE consumers who receive money transfers also say frequency and amount is influenced most strongly by festive and other special occasions, ranking higher than family needs (27%) or the timing of their sender’s paychecks (18%).“We understand that diverse populations have equally diverse needs. Festive seasons and special moments are a great example, whereby every year, we see an uptick of approximately 6% in the volume of remittance transactions as these occasions approach,” Farah said. “Western Union offers a broad mix of digital and retail channels to serve the varying payment needs of millions of customers worldwide. We believe that the trust we enjoy with consumers in the UAE and around the world puts us in a unique position to help millions of people bring their best to society.”Tech-savvy population seeks choice in the futureAs consumers consider how they would like to send and receive money in the future, they value choice above all. Western Union’s study shows that 42% currently send money across borders exclusively through digital channels. However, as they look ahead, 46% want to be able to choose how they send their funds, whether in cash or digitally.A similar sentiment is echoed among receivers. Forty-three percent currently receive money through digital channels only. In the future, 57% want to be able to choose between digital and retail channels when collecting their funds.Those who do not use digital channels, say the top barrier preventing them from sending or receiving money online is their preference for face-to-face interaction, followed by trust. Process or customer experience is also another commonly cited barrier.Farah concluded, “Findings from the research show that while most consumers can be considered digital-first, many ultimately want to able to choose between digital and retail options, based on their convenience and needs. However, being able to trust in online services is critical, and as an industry, we have work to do helping consumers overcome their concerns. Ultimately, our end goal will always be to ensure that we can support even more people’s financial needs, wherever they are geographically, culturally or economically.”
https://adgully.me/post/1134/uae-sa-organizes-workshop-to-introduce-the-geospatial-analytics-platform

UAE SA organizes workshop to introduce the geospatial analytics platform

 The UAE Space Agency, in collaboration with Bayanat, organized a workshop to discuss the Geospatial Analytics Platform for the Space Data Center, and cover the project’s targeted objectives, outputs and services. The workshop was held on Tuesday, December 13, in Abu Dhabi.“As part of our efforts to raise awareness about the national projects and initiatives launched by the UAE Space Agency, this workshop aims to introduce the attendees to the targeted objectives, outputs, and services of the Geospatial Analytics Platform. The partnership will allow SMEs and entrepreneurs to design, develop, and commercialize space data applications and value-added services (VAS),” said HE Salem Butti Al Qubaisi, Director General of the UAE Space Agency.The workshop agenda included two technical sessions, and a full introduction of the project’s targeted objectives, outputs and services, as well as a detailed explanation of satellite image analysis techniques and models for analytical reports. The workshop also included a presentation by the UAE Space Agency to emphasize the strategic drive towards stimulating the private sector specifically the space applications and value added services market and presentations by Bayanat to highlight the project’s objectives, key requirements and implementation plans, including development and operational phases.The technical sessions discussed the production-level Artificial Intelligence (AI) development for geospatial applications, and an introduction to Synthetic Aperture Radar (SAR) analytics and applications. The agenda also included an open discussion and Q&A session about the project.The workshop was attended by a wide audience of federal and local governmental entities, start-ups, companies working in AI-powered smart applications and geospatial solutions, as well as academia and geospatial specialists.Through the platform, which is expected to be completed by Q4, 2023, the UAE Space Agency aims to facilitate access to satellite data for scientists, researchers, government and private institutions, start-ups, and community members, to develop solutions that support national and global challenges.On the sidelines of the Abu Dhabi Space Debate, the UAE Space Agency signed a Public Private Partnership (PPP) agreement with Bayanat to design, develop, and operate the Geospatial Analytics Platform for the Space Data Center, one of the transformation projects announced by the UAE government. The projects aim to create an innovative ecosystem for Earth monitoring applications, by harnessing the power of data management, and providing analytics reports, by using specialized satellites.
https://adgully.me/post/1124/chairman-of-intl-federation-for-falconry-sports

Chairman of Int’l Federation for Falconry Sports

  Ahmed bin Mohammed is elected as Chairman of the International Federation for Falconry Sports and Racing. The International Federation for Falconry Sports and Racing today held its first meeting at the Etihad Museum, during which it announced the election of His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the UAE Falcons Federation, as Chairman of the International Federation.The meeting was attended by representatives from 11 countries, including the UAE, Kuwait, Bahrain, Egypt, Algeria, Morocco, Spain, Italy, Tanzania, Uzbekistan and Argentina. During the meeting, the attendees praised the UAE’s contributions to preserving and developing the sport of falconry.The International Federation was established as an independent international sports entity following directives by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai. The entity, which will support all sports related to falcon racing, is permanently headquartered in the UAE.In his speech, His Highness Sheikh Ahmed bin Mohammed thanked international sports organisations for their trust, which he said reflects the UAE’s achievements in the heritage sector under the guidance of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan; and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The country’s leadership is committed to preserving the UAE’s heritage and places it at the top of its priorities, His Highness said.His Highness Sheikh Ahmed congratulated the leadership on the establishment of the International Federation for Falconry Sports and Racing under the directives of HH Sheikh Hamdan bin Mohammed. The Federation will support the practice of this sport globally in an organised manner, observing sporting values and rules and regulations of the game, he said.His Highness added that the Federation would work with national falconry entities from around the world to exchange knowledge and expertise while welcoming feedback to support the sport. Members of the International Federation for Falconry Sports and Racing thanked HH Sheikh Ahmed bin Mohammed and lauded the UAE’s efforts to promote falconry as one of the key heritage sports in the world. During the meeting, Sheikh Zayed bin Hamad bin Hamdan Al Nahyan, Vice President of the Board of Directors of the UAE Falcons Federation, was named as Vice Chairman of the International Federation for Falconry Sports and Racing. Meanwhile, Rashid Mubarak bin Markhan, Secretary General of the UAE Falcons Federation, was elected as the Secretary General of the International Federation for Falconry Sports and Racing. The Board of Directors of the Federation was asked to prepare an action plan and reach out to all relevant entities worldwide to promote the international federation in the next phase. On the sidelines of the meeting, Sheikh Zayed bin Hamad bin Hamdan Al Nahyan honoured the top three winners in the UAE Falcons Federation Cup for falcon races in the categories: Sheikhs, Open Public, and Owners. Dumaithan Suwaidan Saeed Al Qamzi was also honoured in recognition of his efforts for chairing the organising committees of the Fazza Championships for Falconry since 2003.The meeting was attended by Dr. Ahmad Belhoul Al Falasi, Chairman of the General Authority of Sports and First Deputy President of the UAE National Olympic Committee, and His Excellency Majid Ali Al Mansouri, Secretary General of the Emirates Falconers’ Club.
https://adgully.me/post/1122/first-ever-uae-india-awards-celebrate-a-dynamic-partnership

First-ever UAE-India Awards celebrate a dynamic partnership

The first-ever UAE-India Awards, presented by UK-headquartered India Global Forum (IGF), mark the culmination of the week-long IGF UAE 2022 – a power-packed series themed around Partners for Global Impact. The UAE-India Awards at the stunning Taj Exotica Resort & Spa, The Palm, Dubai, on 15 December 2022 brought together a star-studded cast of VIP guests, celebrities and influential figures from the world of business, politics, and the arts for a premier black-tie evening celebrating the dynamic partnership between the UAE and India. It marks a celebration of the organisations and individuals working tirelessly to strengthen and energise the UAE-India partnership. H.E. Mariam Almheiri – UAE Minister of Climate Change and Environment – lauded the India Global Forum for creating a high-powered platform to celebrate UAE-India ties. She said: “The UAE and India enjoy long-standing and cordial relations across multiple fronts and this Forum is making its mark in pushing our bilateral relations to a new level.“The UAE is committed to working with India in confronting international challenges across multiple sectors to achieve a balanced and sustainable global economic growth.” Celebrated British comedian and impressionist Rory Bremner set the tone for the glittering ceremony as the host of the evening, which included a special performance by popular singer-songwriter Sonna Rele. Professor Manoj Ladwa, IGF Founder & CEO, said: “The first-ever UAE-India Awards celebrate the special relationship between the two countries and the high achievers adding to the momentum behind our strengthening ties.“As the theme of IGF UAE reflects, the UAE and India are ideally suited ‘Partners for Global Impact’ and the awards are here to spotlight those working towards making that partnership truly impactful.” The UAE-India Awards 2022 Nominees & Categories are:Investment of the YearAdani, Emmar, LuluNew Market Entrant of the YearAllen Overseas, EaseMyTrip, Lenskart, VerseLegal Practice of the YearAshish Mehta & Associates, Cyril Amarchand Mangaldas, Keystone Law, TrilegalBanking Organisation of the YearAxis Bank, Emirates NBD, HSBCBusiness Promotion Organisation of the YearDubai Chambers, FICCI, IBPCTechnology Company of the YearInfosys, TCS, Tech MahindraInvestor in Climate Action AwardEVage, Hero, OlaSocial Impact Project of the YearAster, Faizal & Shabana Foundation *The complete list can be found here. The winners have been chosen by an eminent UAE-India Awards 2022 Jury:H.E. Ambassador Dr Ahmed Al Banna, Former Ambassador of the United Arab Emirates to IndiaNikhil Kamath, Co-Founder and Chief Investment Officer, Zerodha & True BeaconZubin Jal Karkaria, Founder & CEO, VFS GlobalEman Abdulrazzaq, Group Chief Human Resource Officer, Emirates NBDSunil Kaushal, Regional CEO, Africa & Middle East, Standard Chartered Bank The awards gala brings the second UAE edition of India Global Forum to a close at the end of a high-power week of keynote addresses, fireside chats, roundtables and studio conversations, with senior ministers, business leaders, lawmakers and influential thought leaders covering diverse subjects from climate change to geopolitics, fintech innovations to greentech challenges. Some of the high-profile speakers over the course of the week included:Hon. Dr S Jaishankar, Minister of External Affairs, Government of IndiaHon. Bhupendra Yadav, Minister of Labour & Employment and Environment, Forest & Climate Change, Government of IndiaHon. Sunjay Sudhir, Ambassador of India to UAE, Government of IndiaH.E. Omar Sultan Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications, UAEH.E. Reem Bint Ebrahim Al Hashimy, Minister of State for International Cooperation, Government of UAEDr Rajeev Chandrasekhar, Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Government of IndiaMichael Bloomberg, Founder, Bloomberg A full list of speakers can be accessed here at India Global Forum/ Speakers and to follow the sessions live or playback any missed sessions, Login Here (Free). For more information on the event and a full programme, click here.
https://adgully.me/post/1110/whatsapp-unveils-new-features-including-32-person-calls

WhatsApp unveils new features including 32-person calls

Meta has introduced new features for better connecting. This includes group calls.The following are the new features unveiled: 32-person calls: You can now start a video or voice call on your mobile device with up to 32 people — four times the previous amount.Message or mute participants: Long pressing on a participant will enlarge the video or audio feed and allow you to either mute or message them separately, while keeping the calls going.Call links: Whether you’re making a last-minute call or planning one ahead, you can easily invite people to a group call by sharing a call link.It has also made functional changes for a more seamless calling experience:Colorful waveforms: Now, you can easily see who is speaking if their camera is off.Picture in Picture on iOS: Now in beta testing and rolling out in 2023, easily multitask while on a call thanks to a minimized in-call video screen.“While WhatsApp is best known for bringing private and secure messaging to people across the world, more people are using it as a way to connect with voice and video calls. That’s why over the course of this year we’ve launched several improvements to calling on WhatsApp, for catching up with friends and family, colleagues and communities securely,” said the company.
https://adgully.me/post/1112/worlds-first-international-digital-economy-court-unveils-new-specialised-rules

World’s first international Digital Economy Court unveils new specialised rules,

The Dubai International Financial Centre (DIFC) Courts today announced the launch of a new set of industry-first specialised Rules for its recently formed Digital Economy Court (DEC) Division.In addition, leading international judicial expertise has been recruited to oversee and operate the new Court’s cutting-edge digital infrastructure and service capabilities. Under Decree No. 29 of 2022, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has appointed Justice Michael Black of England & Wales, who will oversee the Digital Economy Court Division.Following the announcement of the dedicated Division in 2021, a global panel of lawyers, led by Tom Montagu-Smith KC and Matthew Watson of 3VB Chambers, and industry experts, were tasked to draft and confirm new specialised Rules, which were also subject to a 30-day public consultation and finalised under the supervision of Justice Michael Black.Reviewed and approved by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the DIFC, the new ‘Part 58’ of the DIFC Courts Rules will facilitate the efficient and modern resolution of digital economy disputes, standardising the use of smart forms to provide information through a dynamic, artificial intelligence driven platform. In line with the Courts’ paperless mandate, cases will also be conducted using advanced digital systems to expedite service to parties and enforcement, with a view to reducing the environmental impact of court proceedings.In 2021, the DIFC Courts established the Digital Economy Court Division to oversee sophisticated national and transnational disputes related to current and emerging technologies across areas ranging from big data, blockchain, AI, fintech, and cloud services, to disputes also involving unmanned aerial vehicles (UAVs), 3D printing, and robotics.Justice Omar Al Mheiri, Director, DIFC Courts, said: “The DIFC Courts has continued its trajectory to provide Dubai, the UAE, and the world, with a suite of dispute resolution services that truly break through the barrier of traditional public court services. Businesses that can adapt to embrace the future digital economy will do so with the knowledge that there is a sophisticated yet efficient venue to support and protect the continuity of business projects.With the digital economy fast emerging as a prime accelerant of global business, these specialised Rules have been engineered to strengthen our mission of building a courts system that not only absorbs current dispute resolution needs but can flex to address and resolve new emerging disputes. This strategy has been further reinforced by ensuring we blend leading judicial expertise with innovative technological implementations.”In 2022, the DIFC Courts issued a judgment in the case of (1) Gate Mena DMCC (2) Huobi Mena FZE v (1) Tabarak Investment Capital Limited (2) Christian Thurner which related to one of the first cryptocurrency litigation disputes in the region and one of the few reported cases anywhere in the world which addresses issues such as the safe transfer of cryptocurrency between buyer and seller and the obligations owed by a custodian of cryptocurrency. This case gave rise to various other interesting questions such as the nature of Bitcoins, i.e., whether cryptocurrencies are considered commodities, currencies, properties, or something entirely different, and the appropriate time to value Bitcoins.From November 26 - 27, the DIFC Courts held a virtual Moot Court, inviting 18 teams of international law students and 25 qualified judges to hold a two-day competition to test-proof the new DEC Rules across a dispute involving cryptocurrency. 
https://adgully.me/post/1111/netflix-celebrates-a-decade-of-open-connect-for-smooth-streaming

Netflix celebrates a decade of Open Connect for smooth streaming

It has been a decade since Netflix launched its Open Connect programme, an infrastructure that efficiently delivers quality entertainment to it members — no matter where they are around the world or what device they’re watching on — in partnership with internet service providers (ISPs) worldwide.  It was in 2012 that Netflix premiered Lilyhammer, its first original series, and expanded to Europe, launching in the UK, Ireland, Denmark, Finland, Norway and Sweden. Even in the early days of streaming, with 2.4 billion internet users worldwide and rapidly ballooning, it was clear that easy and flexible access to high-quality entertainment over the internet was soon going to become the norm. In anticipation of this growing demand from consumers and in line with our long-term vision of entertaining the world, we knew we had to invest in our own global content delivery network — and that’s how the Open Connect programme was born,” said Gina Haspilaire, Vice President, Open Connect Partnerships and Planning Content Delivery, Netflix. How does it work Every time a member presses play, Netflix want them to have the best possible viewing experience with high definition and no lag. It builds and installs servers close to where its members are, so Netflix’s shows and films are streamed from nearby, not from halfway around the world. To date, the streamer has 18,000 servers in 6,000 locations (and growing) across 175 countries. This reduces the load on networks, reducing traffic and costs for operators all around the world, which allows the streamer to smoothly deliver fan-favorites like Red Notice and Bridgerton seamlessly to members.Open Connect is built to collaborate with ISP partners around the globe. When the streamer anticipates high streaming demand for popular content, Open Connect identifies the most efficient delivery route based on ISPs preferences, and ensures that the show or film is available on local servers ahead of time. So, even when demand is at its highest, members can be assured that they can access must-watch series like Squid Game and Stranger Things and join in real-time conversations around these global hits. “This helps our ISP partners avoid paying extra fees for delivering content from a further distance. We estimate that in 2021 alone, the programme helped ISPs to avoid $1.25 billion in spend, allowing the growing demand from consumers to be handled sustainably without having to build out additional network infrastructure over time. Additionally, our improved video compression technology means that Netflix now delivers content at half the bitrate of five years ago, lessening the load on all our networks,” said Gina Haspilaire. “Netflix continues to invest in must-watch, fan-favorite series and films, and we hope to see network improvements that meets consumer demands and that the internet remains open and free without tolls on content usage online — so that people can continue to enjoy great stories from around the world,” she adds.
https://adgully.me/post/1114/abu-dhabi-welcomes-worlds-best-esports-players-for-blast-premier-world-final

Abu Dhabi welcomes world’s best esports players for BLAST Premier World Final

 This year’s BLAST Premier World Final, one of the elite global esports tournaments, kicked off in Abu Dhabi from Wednesday (14th December) with eight of the world’s best teams set to compete for the chance to be Counter-Strike champions of 2022.BLAST has partnered with AD Gaming, a pioneering gaming and esports initiative to bring its season-ending tournament to the UAE capital for the first time as part of a three-year partnership.To run until 18th December at Yas Island’s Etihad Arena, the World Final will see eight of the world’s biggest esports organisations battle for glory in the seventh and last event of BLAST Premier tournament series, which will have a prize pool of USD $1 million.Among the top sides to feature are FaZe Clan (ESL Pro League 15, NAVI, (BLAST Premier Spring Final), Team Vitality (ESL Pro League 16), Outsiders (IEM Rio Major) and Heroic (BLAST Premier Fall Final). They will be joined by G2 Esports, Team Liquid and OG Esports, who finished in the top three in the World Final Leaderboard.Representing the teams will be some of the biggest esports players including Team Vitality’s ‘dupreeh’, who has won four majors, and ‘s1mple’ of NAVI - widely considered as one of the greatest and most accomplished professional gamers and esports players of all-time with 21 HLTV MVP medals and a Major.The event aligns with AD Gaming’s wider strategy and commitment to aggregate Abu Dhabi’s drive to build a thriving gaming and esports ecosystem, and continue to promote the city as a global gaming hub.The event will also attract some of the biggest names in the Middle East including Saudi Arabia’s popular gaming creator BanderitaX along with professional Fortnite players NM7 and spyerfrog.They will be among a host of top gamers, influencers and content creators including Basharkk,” and Galaxy Racer’s professional Fortnite players “Souriano” and “g1ntl” with spectators able to meet the stars in person.
https://adgully.me/post/1115/mepra-hosts-its-premier-awards-night-fetes-best-pr-campaigns-and-teams

MEPRA hosts its Premier Awards Night, fetes best PR campaigns and teams

 The Middle East Public Relations Association (MEPRA) hosted its largest-ever Awards edition on 8th December, 2022 with more than 500 guests in attendance to witness prestigious Middle East-based agencies and in-house communication teams finalists battling it for top recognition across 44 award categories.The Awards ceremony not only witnessed exemplary communication campaigns that were conceptualized and executed by local PR teams but also demonstrated the kind of impact they had on society. According to the Awards organizers, this exhibited the value the industry is adding to businesses and organizations in the region.This year’s awards, which attracted close to 800 entries, saw PR teams contest in various categories including Best in Market, People & Teams, Techniques, and Sector & Services for a chance to showcase their creativity.The Large Agency of the Year award went to Hill + Knowlton Strategies while Brazen MENA scooped the Small Agency of the Year award. Unsurprisingly, this category was fiercely contested with only a few points separating the overall winner and second place in the category, demonstrating how super competitive this coveted title continues to be. The Best Homegrown Agency went to Gambit Communications with Hill + Knowlton Strategies bagging the Best Integrated Campaign award. Dubai-based Matrix PR - the only agency in the Small Agency category to win seven awards in multiple categories - maintained its winning streak after scooping Gold in the Best Financial Services category.In the Sector and Services category, the Best Business to Business and Best Consumer Good awards went to Tarsus and Four MENA and Gambit Communications, respectively. The Techniques category, The Best Use of Digital Communications and Best Use Media Relations went to Hill + Knowlton Strategies and Red Havas ME, respectively. The Best in Market category saw Memac Ogilvy scoop the Best Campaign in the UAE while Hill + Knowlton Strategies scooped the Best Campaign in Saudi Arabia. Weber Shandwick MENAT and Mastercard won the Best Campaign in Bahrain while Weber Shandwick MENAT and Mastercard emerged as the winner in Best Campaign in Egypt.Bagging 25 awards, Weber Shandwick MENAT was the most-awarded agency of the 2022 MEPRA Awards night, followed closely by Memac Ogilvy with 18 and H+K with 16. Gambit Communications scooped this year’s Home Grown Agency of the Year award while the Lifetime Achievement Award went to Mazen Nahawi, founder and CEO CARMA, and SOCIALEYEZ. Mazen, who is also the president of News Group, an organization focused on serving the communications and PR industry, is a PR stalwart with over 15 years of experience. Tapping his journalism background, Mazen believes in using actionable and measurable information as a catalyst for modernisation and progress in emerging markets is the driving principle behind his achievements. In 2007, Mazen launched the Middle East PR Measurement Summit, a major gathering of global PR and measurement professionals.This year’s Young Communicator of the Year Agency Award went to Raneem Saleh from H+K. The Fellowship Recognition was honored to Ray Eglington for his large contribution to the industry and MEPRA throughout the year as a farewell. With nearly three decades of communications experience in leading agency and in-house positions, Ray’s insightful approach to communications and industry development has been instrumental is shaping the regional PR landscape. His notable achievements include leading award-winning campaigns and teams in corporate reputation, brand-building, issues management and campaigning, across a wide range of business sectors as well as co-founding Four Communications Group in London, which has gone on to become one of the most successful independent communications agencies in the world.This year marked the 14th edition of the MEPRA Awards – an annual initiative that celebrates and recognizes the Middle East’s most impactful and creative campaigns.“The MEPRA Awards ceremony has once again exposed some of the industry’s communications experts who are going above and beyond to create not just memorable events but impactful PR campaigns that are touching lives in the region. By recognizing such brilliant talent, MEPRA is encouraging growth in industry standards, skills, and creativity. We are proud to create a platform where real PR heroes can be recognized for their noble ideas as well as their contribution to the industry as a whole. Congratulations to all finalists and winners,” said Rym Rahal, general manager, MEPRA.Entries were assessed by a panel of more than 65 regional and international industry experts to select the 2022 finalists and winners. The 2022 MEPRA Awards is supported by corporate and agency partners including, Diamond Sponsor Weber Shandwick, Acorn Strategy, and APCO Worldwide.The star-studded ceremony also included an appearance by the Ravi brothers flanked by the adidas team donning their superstar adidas footwear by Ravi, reflecting the stunning and triple gold-winning campaign adidas Originals and Ravi Restaurant by Red Havas in the categories - Best Fashion or Beauty Campaign, Best Retail Campaign and Best Use of Media Relations (Consumer/Trade).To view the full list of winners visit: www.mepra.org /awards  
https://adgully.me/post/1116/ooredoo-ensures-seamless-connectivity

Ooredoo ensures seamless connectivity

 Ooredoo – the Official Middle East & Africa Telecommunications Operator of FIFA World Cup Qatar 2022TM - has expressed its gratitude to the many roaming partners with whom it worked to ensure the success of the event from a telecommunications perspective.Statistics show Ooredoo Qatar welcomed a whopping 1.3 million people on its roaming network while attending the FIFA World Cup Qatar 2022TM, a figure made possible by the numerous partners with whom Ooredoo signed contracts in preparation.Ooredoo welcomed roaming guests from more than 500 partner networks across the world, with more than 90 networks experiencing the company’s 5G speeds to radically transform visitors’ connectivity experience. The surge in roaming traffic ranged from 140% up to a phenomenal 269%.Sheikh Mohammed Bin Abdulla Al Thani, Deputy Group CEO and CEO of Ooredoo Qatar, said: “We are proud of the telecommunications experience we are offering during the FIFA World Cup Qatar 2022TM, and extend our sincere thanks to all the network partners with whom we have collaborated to enable this success and ensure seamless connectivity. With visitors from all across the globe, it was vital that we were able to make sure they could stay connected as they do at home and share their World CupTM experience with friends and loved ones.”Roaming usage was highest from countries neighbouring Qatar, such as GCC countries and India, and countries participating in the tournament, including Argentina, the USA and Brazil.Sheikh Mohammed added: “We were delighted to be recognised by many of our partners and renowned industry bodies for our efforts to ensure an upgraded fan experience with uninterrupted roaming connectivity for our visitors. We are proud to have lived up to expectations, delivering an experience befitting our prestigious status as Official Middle East Telecommunications Operator of FIFA World Cup Qatar 2022.
https://adgully.me/post/1117/saudi-arabian-football-federation-and-ecuadorian-counterparts-commit-to-new-mou

Saudi Arabian Football Federation and Ecuadorian counterparts commit to new MoU

The Saudi Arabian Football Association (SAFF) has entered a new agreement with the Ecuadorian Football Federation (EFF) with the signing of a Memorandum of Understanding (MoU) in Doha today.As the first agreement of its type to be signed between SAFF and a CONMEBOL Member Association, the MoU represents a new chapter for Saudi Arabia’s football ties with the South American region.The partnership aims to advance both federations’ shared goals and objectives to grow football on pitch and off in their respective countries. It addresses a wide variety of areas including, but not limited to, talent identification, refereeing, coaching, technical development, governance, women’s football and sports science.SAFF president Yasser Almisehal and EFF counterpart Francisco Egas signed the official agreement at a signing ceremony held at Saudi House, Saudi football’s dedicated home on Doha’s corniche.Ahead of both countries’ FIFA World Cup Qatar 2022 campaigns, Saudi Arabia and Ecuador faced off in a friendly match in Murcia’s Estadio Nueva Condomina in June that ended in a 0-0 draw.In recent years, SAFF put pen to paper to over 20 similar agreements with other federations across the globe, including the likes of Croatia, India, Singapore and Ivory Coast, as the country progresses its footballing ambitions and strengthens partnerships across the world.“We are delighted to signal a new era of partnership between us and our good friends at the Ecuadorian Football Federation. Ecuadorian football resonates with fans across the globe as the country has produced numerous football stars in recent years and consistently qualified to the FIFA World Cup,” said Al Misehal.He added: “Today’s agreement forms as part of our strong efforts at SAFF to grow our positive influence and collaboration with all regions and members associations. We are confident this MoU will build on our existing relationship with the EFF and bring focus and structure to it moving forward. There are plenty of opportunities for us to learn from each other and collaborate on to benefit the beautiful game across our football-passionate countries.”Earlier last month, Al Misehal joined the opening ceremony of CONMEBOL's dedicated FIFA World Cup pavilion –Tree of Dreams – in Doha, representing another sign of the strong ties between Saudi Arabia and the South American governing body and its member associations.For more information about Saudi football, you can visit the SAFF website: SAFF.com.sa/en/index.php.
https://adgully.me/post/1118/nutanix-rewards-partners-across-its-entire-ecosystem

Nutanix rewards partners across its entire ecosystem

 Nutanix , a leader in hybrid multicloud computing, today announced the introduction of its new Referral Program, designed to reward partners across the entire lifecycle of any project.Part of Nutanix’s innovative Elevate Partner Program, the Referral Program changes the traditional partner-vendor relationship model and recognises the entire partner ecosystem, rather than just the ones that transact the deal.It recognises partners’ different business models and the ecosystem of partners that customers engage with, depending on where they are with their buying cycle. In particular, it rewards partners who help customers shape their strategy early in the buying cycle, as well as ISV partners who engage more with line of business at the application level, but might not be involved in the end transaction.At its core, the Referral Program means that Nutanix is able to recognise all partners involved in a customer’s buying journey and help build profitable partnerships. This gives a clear signal to the industry of the value that Nutanix places on its entire partner ecosystem and the customers they serve. It also highlights how the Nutanix Elevate Partner Program framework is continuing to evolve to maximise partner profitability, based around the opportunities at hand.Adam Tarbox, Vice President of EMEA Channel Sales at Nutanix, said: “Analysts talk about how customers engage with at least seven partners across the lifecycle of any project and there are multiple touchpoints. Despite this, vendors have traditionally tended to only concern themselves with and reward the partners involved in actual transactions, forgetting the whole ecosystem around each deal and how it comes to life. We’re changing that, and our new Referral Program is intended to reward more of our partners who are involved across the process – especially those who help customers to shape their strategies in the early stages of any project and support them through the buying process.”For further details on the Nutanix Elevate Partner Program, please visit: https://www.nutanix.com/uk/partners.
https://adgully.me/post/1119/global-women-in-pr-mena-announces-new-board-member

Global Women in PR MENA announces new Board Member

The Middle East and North Africa (MENA) Chapter of Global Women in PR (GWPR), a global membership organisation connecting women in senior PR and communications roles, announces that Louise Jacobson, Managing Partner of Brazen MENA, has joined as a new board member.Jacobson has 21 years of experience in communications in the UK and GCC. In 2015 she launched Brazen MENA, a multi-award award-winning PR agency based in Dubai Media City.Rachel Dunn, GWPR MENA Co- Chair and Communications Director at Microsoft MENA, said: “We are delighted to have Louise Jacobson join GWPR MENA as a Board Member. We look forward to benefitting from her rich experience, knowledge and insights in the communications field as we continue our mission to provide effective support to our talented female leaders across the region.”Louise Jacobson said: “I am excited and honoured to be on the Board of GWPR MENA as I’m hugely passionate about women in business, leadership, and communications, and tackling the issues that matter to us as we collectively strive for gender balance.“Having been a member since the MENA chapter was launched some years ago, the strides the organisation has made to connect women in our industry have been impactful in so many ways, and I’m very much looking forward to helping take GWPR MENA to the next level.”GWPR MENA board members also includes co-chair, Loretta Ahmed, Founder and CEO of Houbara Communications, Naamat Baradhy Senior Advisor at ManaraGlobal and Purti Simon Vice President at Teneo.Applications for GWPR MENA memberships can be made by emailing hello@globalwprmena.com.
https://adgully.me/post/1121/sheikh-ahmed-approves-launch-of-dubai-media-grid

Sheikh Ahmed approves launch of Dubai Media Grid

Ahmed bin Mohammed chairs Dubai Media Council meeting and issues directives to launch ‘Dubai Media Grid’‘Dubai Media Grid’ seeks to strengthen coordination between various components of the media to communicate the progress of the emirate’s development journey Meeting discusses Council’s initiatives and the media sector’s performanceAhmed bin Mohammed directs organisation of retreat to further discuss DMI’s development planMona Al Marri: The launch of the latest phase of the #DubaiDestinations campaign weaves together compelling narratives to highlight the emirate’s emergence as one of the world’s top winter destinationsHis Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, presided over the fourth meeting of the Dubai Media Council, in the presence of Her Excellency Mona Al Marri, Vice Chairperson and Managing Director of the Council, and other members of the Council.The meeting reviewed the implementation of the Council’s strategic plans aimed at enhancing Dubai Media Incorporated’s (DMI) competitiveness and further raising the quality of its content. His Highness issued directives to organise a retreat to discuss the organisation’s development plan.HH Sheikh Ahmed said, accelerating the implementation of the Council’s strategy for DMI is vital to ensuring the organisation keeps pace with the rapid evolution of media. All sectors of the organisation including print, broadcast and digital should work closely with each other to tap growth synergies, he added. The DMI strategy is based on a comprehensive study of the company’s resources and capabilities and an assessment of its goals for the next phase of its growth.During the meeting, His Highness issued directives to launch the ‘Dubai Media Grid’, an initiative aimed at strengthening coordination between various components of the media to communicate the progress of the emirate’s development journey to key audiences. Sheikh Ahmed said Dubai’s growth as a global economic hub necessitates the creation of a media platform to better streamline and further strengthen coordinated efforts to communicate its achievements and development initiatives.Her Excellency Mona Al Marri said: “Under the directives of HH Sheikh Ahmed bin Mohammed and supported by the efforts of Dubai Media Council’s members, we have developed a comprehensive strategy covering various aspects of DMI’s development in line with Dubai’s vision for the future. The Council is committed to providing all the resources needed for the development of media content and the support necessary for both seasoned and young professionals in the organisation to deliver excellence.”Al Marri said the launch of the latest phase of the #DubaiDestinations campaign weaves together compelling narratives to highlight the emirate’s emergence as one of the world’s top winter destinations. The campaign gives content creators of all nationalities an opportunity to contribute content that showcases Dubai’s emergence as the world’s best city to live in and visit.The Council’s meeting also discussed DMI’s budget for 2022-2023. The meeting reviewed various elements of the budget which will support all DMI sectors in achieving their goals in the next phase of development. The meeting discussed how the budget will support DMI’s plan to enhance its growth across print, broadcast and digital media. The Dubai Media Council meeting also explored strategic initiatives and projects to enhance Dubai's competitiveness as a leading media hub.During the meeting, Amal bin Shabib, Member of the Dubai Media Council, delivered a presentation on new initiatives to encourage Emirati youth to work in the industry. The meeting also discussed ways to identify and nurture young Emirati talent, which represents one of the Council’s highest priorities.Her Excellency Hala Badri, Director General of the Dubai Culture and Arts Authority and member of the Dubai Media Council, delivered a presentation on the success of cultural events in Dubai that attracted the participation of over 200,000 people. Dubai Culture attracted 10 eSports companies and approved more than 4,000 cultural visas, she said.The meeting touched on the role of media in enhancing Dubai’s stature as a cultural and creative hub and the Arab Media Capital. It also discussed the Dubai Creative Economy Strategy’s aim of transforming Dubai into the capital of the global creative economy by 2026.The meeting was attended by Dubai Media Council members, Her Excellency Hala Yousuf Badri, His Excellency Malek Sultan Al Malek, Abdullah Humaid Belhoul, Younes Al Nasser, Amal bin Shabib, Issam Kazim, Mohammed Sulaiman Al Mulla, and Nehal Badri, Secretary General of the Council.
https://adgully.me/post/1126/det-announces-launch-of-annual-dubai-tourism-summit

DET announces launch of annual Dubai Tourism Summit

Dubai’s Department of Economy and Tourism (DET) has announced the launch of the annual Dubai Tourism Summit, a first-of-its-kind travel forum in the region, which will lay the foundation for a home-grown world-class thought leadership programme to boost the city’s resurgent tourism industry and support regional and global tourism.The DET announced the forum today at its bi-annual ‘City Briefing’ event held during the Skift Global Forum East, the first-ever MENA extension of the Skift Global Forum. The Dubai Tourism Summit will provide a networking platform for industry stakeholders to share their vision, ideas, strategies and best practices, as well as insights on leveraging the latest innovations and trends to create a more resilient, inclusive and sustainable future for global tourism.The DET also shared the latest tourism report for the first ten months of 2022. Data showed that Dubai welcomed 11.4 million international overnight visitors between January and October, an impressive year-on-year increase of 134 percent, taking the city further on its journey to becoming the world’s most visited destination.The DET’s ‘City Briefing’ was presided over by Helal Saeed Al Marri, Director-General of DET, and attended by more than 1,000 executives from across the tourism ecosystem, including aviation, travel, hospitality and retail sectors. The meeting provided an update and outlook on the industry. It explored ways to continue accelerating the momentum to reinforce Dubai’s position as a global hub for business, investment, talent and tourism.Helal Al Marri said, “We are grateful to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, for his visionary leadership, inspiration and guidance that has led to several milestones in 2022. Dubai has always been an international icon of innovation and excellence. The Dubai Tourism Summit will see us working even more closely with our domestic and global stakeholders and partners as we focus on pushing the boundaries further to highlight Dubai’s position as the top international destination and the best city in the world to live in, work and invest. With the Dubai Tourism Summit, we will elevate our blueprint for sustainable growth, contributing towards our industry’s continued success and supporting the recovery of regional and global tourism.”Al Marri added, “Our performance in the first ten months of 2022 indicates that we are on target to achieving our tourism goals, which dovetail with the UAE Tourism Strategy 2031 announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum to attract AED100 billion as additional tourism investments and 40 million hotel guests by 2031. It is also a testament to our city’s resilience, robust and diversified market strategy, solid collaboration model between the government and private sectors, and the strength of the city’s diverse destination proposition. We are well-placed to end this year on a resounding note and perform even better in 2023 and beyond, steadfastly supported by our aviation, travel and hospitality partners, who continue to champion Dubai’s position as the first-choice destination for global travellers.”Key markets continue to deliver on tourism volumesThe 11.4 million international overnight visitors who arrived in Dubai between January and October 2022 represented a quantum leap over the 4.88 million visitors that the city welcomed for the same period in 2021. The numbers are close to the pre-pandemic record of 13.50 million international visitors in the first ten months of 2019. Dubai’s international tourism arrivals significantly outperformed other major global destinations, giving Dubai a head start on post-pandemic recovery.Hospitality sector shines across many metricsParticipants were also briefed on the hospitality sector’s outstanding success, as it played a significant part in Dubai’s impressive rebound. Dubai’s growing popularity among global travellers is evident in the fact that there were 54 million online searches for Dubai per month during Q3 2022, which was close to pre-pandemic levels, with bookings in the last few months surpassing pre-pandemic levels.Dubai shares limelight with other global cities with 71 percent occupancyAverage hotel occupancy in Dubai between January-October 2022 stood at 71 percent, one of the highest hotel occupancies in the world. This compares to 64 percent in the corresponding period of last year and just short of the 74 percent during the pre-pandemic period of 2019. Dubai’s occupancy continues to closely trail the top benchmark cities: Istanbul (75 percent), New York (74 percent), Paris (73 percent), London (73 percent) and Los Angeles (72 percent).Hotels register strong growth; supply up by 18 percent over pre-pandemic levelsDubai’s hotel inventory in October 2022 comprised 144,737 rooms at 790 hotel establishments compared with 122,185 rooms available at the end of October 2019 across 724 establishments. The total number of hotels in the first ten months of 2022 saw an 8 percent growth over the same period in 2021, highlighting strong investor confidence in Dubai’s tourism sector.The hotel sector outperformed pre-pandemic levels across all other key measurements: Occupied Room Nights, Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR). Despite the significant 18 percent increase in supply compared with pre-pandemic levels, Dubai hotels achieved strong growth across ADR and REVPAR over 2019 levels. Dubai hotel establishments delivered a combined 30.40 million occupied room nights during the first ten months of the year, a 23 percent YTD growth and a 17 percent increase over the corresponding pre-pandemic period of 2019, which yielded 26.01 million occupied room nights.The ADR of AED506 in the first ten months of 2022 surpassed the ADRs for the first ten months of 2021 (AED384) and 2019 (AED400), with a 32 percent increase in ADR in YTD October 2022 vs YTD October 2021 and a 27 percent increase vs YTD October 2019. The stellar performance of the hotel sector is also demonstrated in RevPAR growth: a 48 percent increase in RevPAR in YTD October 2022 vs YTD October 2021 (AED362 vs AED245) and 23 percent vs pre-pandemic YTD October 2019.
https://adgully.me/post/1098/jeff-zucker-redbird-capital-international-media-investments-launch-jv

Jeff Zucker, RedBird Capital, International Media Investments launch JV

 Jeff Zucker, RedBird Capital Partners (“RedBird”) and International Media Investments (“IMI”) today announced that they have partnered to create RedBird IMI, a joint venture investment vehicle focused on acquiring and investing in large scale media, entertainment and sports content properties on a global basis. RedBird IMI launches with initial committed capital of $1 billion.Jeff Zucker is the Chief Executive Officer of RedBird IMI, and he has also joined RedBird as an Operating Partner. Mr. Zucker brings more than three decades of leadership experience across news, sports, entertainment and digital innovation to the new venture. Mr. Zucker was the CEO of CNN from 2013 to 2022, leading a transformative turnaround of the global brand. He also was the President of Turner Sports from 2019 to 2022.  Prior to that, he spent 25 years at NBC Universal, where he served as the CEO from 2007 to 2011. In 2007, he co-founded the online streaming service Hulu.Jeff Zucker said, “I've spent 35 years running media businesses at the intersection of news, sports and entertainment, creating new brands and resurrecting old ones. That experience has given me unparalleled perspective for this unique time in media, and the combination of the RedBird and IMI capital and strategic discipline, combined with my operational experience, will give this joint venture a unique advantage in the current media landscape.”Nart Bouran, CEO of IMI, said, “The RedBird IMI joint venture has come together at an important time as the media industry continues to evolve in both content creation and distribution to meet the evolving expectations of consumers globally. Partnering with Jeff Zucker and Gerry Cardinale will enable us to bring tremendous operational, investing and financial expertise to make impactful and transformative investments across the media, entertainment and sports landscapes.”Gerry Cardinale, RedBird Founder and Managing Partner, said, “We are very pleased to partner with IMI to create a long-term, fully capitalized investment vehicle that can own and operate content-focused businesses across the media spectrum in the US and globally. The skill and experience of the combined team will allow us to identify assets that will benefit from the deployment of success-based capital to further scale or diversify, while also enabling the development of new companies competitively advantaged as market and consumer trends continue to evolve. With Jeff as our CEO, this platform will integrate substantial operating expertise with sophisticated financial and investing acumen to deploy transformational capital on a scaled basis.”
https://adgully.me/post/1099/dubai-shopping-malls-group-all-set-to-give-aed-1mln-in-cash-prizes-this-dsf

Dubai Shopping Malls Group all set to give AED 1mln in cash prizes this DSF

Dubai Shopping Malls Group (DSMG) today announced the return of its highly anticipated Spin & Win campaign this Dubai Shopping Festival (DSF) edition. Decked with plentiful shopping rewards and remarkable deals, shoppers are in for a treat from 15 December 2022 to 29 January 2023 across 16 participating malls Adding to the dazzle is DSMG’s DSF campaign as part of which 25 lucky shoppers spending AED 200 or more at any of the participating malls have the opportunity to take home cash prizes worth a whopping AED 1 million by entering the raffle.The 25 lucky shortlisted shoppers will be invited to the DSF main stage and can spin the wheel to win cash prizes of denominations starting at AED 10,000 and progressing through 15,000, 20,000, 25,000, 30,000 and 40,000.Majid Al Ghurair, Chairman of Dubai Shopping Malls Group, commented: “We are delighted to bring back the annual Spin & Win campaign this year where shoppers can once again browse through the myriad of available selections and immerse in the unique ambience and fervour at our participating malls. At DSMG, we have the vision to provide the ultimate shopping experience and rewards for our patrons, and we believe this year’s promotion will mark a new milestone in our shopper reward journey and delight customers everywhere.” Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE) commented: “Dubai’s retail sector is a central pillar of our economy, creating jobs and opportunities across the emirate and beyond. At DFRE, we are proud of the role we play in positioning Dubai as the world’s leading shopping destination. But we can only achieve this by working with trusted partners, like the Dubai Shopping Malls Group. It is these partnerships that enable us to further enhance shopping experiences for our residents and visitors – and to innovate and expand our offering to retain our sector leadership.”The malls participating in the Dubai Shopping Malls Group Diwali promotion this year include Al Barsha Mall, Al Barsha South Mall, Al Ghurair Centre, Al Bustan Centre, Al Khail Gate,, Al Warqa City Mall, Arabian Centre, Bay Avenue, Century Mall, Dubai Outlet Mall, Dubai Festival Plaza, Etihad Mall, Karama Centre, Lulu Silicon Central, Nad Al Hamar, Serena Marketplace.For more information, visit http://www.dubaimallsgroup.com/
https://adgully.me/post/1100/fake-reviews-are-eroding-digital-trust-and-impacting-retailers-revenue

Fake reviews are eroding digital trust and impacting retailers’ revenue

We may have entered a post-truth world, but the damage being caused by fake reviews is very real. Callsign, the digital trust pioneer, has today delivered a stark warning to the industry: tackle fake reviews or get ready to see sales drop.Counting the CostImpacting digital trust and ultimately leading to a loss of revenue for brands and retailers, unverified users leaving fake reviews is becoming a widespread problem.A recent report by World Economic Forum indicates that online reviews influenced a staggering $3.8 trillion of global e-commerce spending in 2021. As products fail to live up to these bogus reviews, consumers’ trust is dwindling, with many saying they trust online reviews less than they did just 12 months ago.Especially concerning for retailers was the revelation that if consumers suspect a product has fake reviews, 28% stated they would no longer trust that brand, and 25% would not purchase from the website.A Growing ConcernCallsign adds that action must be taken quickly: with the problem of fake reviews set to expand unless new solutions are put in place. Self-reported figures from leading e-commerce sites show that around 4% of all online reviews are fake.Even trusted online retailers are not immune to the problem and have become a prime target for large-scale fake review schemes by so-called ‘review farms.“Fake and unverified reviews are symptomatic of a broken digital identity system which lacks accountability,” says Saeed Ahmad, Managing Director of Callsign MENA.“To leave a retail review, we don’t have to prove who we are or that we’ve made a genuine purchase. Fake reviews are fast eroding digital trust and damaging businesses, their brand and impacting revenue,” he added.
https://adgully.me/post/1101/new-idc-study-examines-the-critical-role-of-ai-in-sas-digital-transformation

New IDC study examines the critical role of AI in SA's digital transformation

Saudi Arabia is on the cusp of an artificial intelligence (AI) revolution. AI is at the core of the Kingdom's massive economic transformation programs, including ambitious futuristic infrastructure projects. Organizations across both the public and private sectors are increasingly embracing AI, with International Data Corporation (IDC) expecting adoption of the technology to grow massively over the coming years.The Saudi Data and Artificial Intelligence Authority (SDAIA) has been at the forefront of promoting AI adoption across the Kingdom and is contributing immensely toward fostering an environment for the development of a comprehensive AI ecosystem. With this critical goal in mind, the SDAIA organized the landmark second edition of the Global AI Summit in September this year. Hosted in Riyadh, the summit showcased Saudi Arabia's promising plans to become an international hotbed for AI adoption and development.With AI taking center stage in the rapidly evolving technological landscape of Saudi Arabia, IDC has undertaken a comprehensive study — titled 'Artificial Intelligence: The DNA of Saudi Arabia's Transformation' — in strategic partnership with the SDAIA to capture the current state of AI in the country. Launched at today's IDC Saudi Arabia Government Congress 2022, which hosted more than 100 of the Kingdom's most influential IT and digital leaders, the study begins by examining latest global developments in the AI arena, with a focus on the following elements:The history of AI, its key components, the importance of data, and key use casesNational AI initiatives undertaken by key global economies, global AI spending, and the significant benefits derived by economies, industries, and societiesGlobal AI best practices, international regulatory legislation, and the policy environment for AI adoption and innovationThe report then presents an extensive exploration into the following aspects of Saudi Arabia's evolving AI landscape:The role of AI in the Saudi Vision 2030 initiativeThe key trends shaping the Kingdom's AI landscape, AI ecosystem development, AI skills development, and stakeholder engagementsThe impact of AI in Saudi Arabia and commentary on essential use casesThe role of legislation, regulations, policies, and initiatives in shaping AI development across the countryThe barriers and challenges to AI adoption in the KingdomThe future outlook for AI in Saudi Arabia  "AI is humanity's next giant leap, and Saudi Arabia has done well to appreciated its importance early on," says Hamza Naqshbandi, IDC's associate vice president for Saudi Arabia and Bahrain. "The Saudi government has made significant advancements in digitally transforming itself by effectively utilizing innovative and emerging technologies to deliver upon key business priorities, including citizen experience, digital operations, sustainability, and security. As Saudi Arabia accelerates its drive to become a true digital economy, artificial intelligence capabilities will be embedded into every single digital transformation initiative that is undertaken."Commenting on the importance of AI to Saudi Arabia's future, Majid Ali Al-Shehry, general manager of the SDAIA's Studies Department, says: "Based on our belief that data is the oil of the future, we at the SDAIA, are working to unlock the potential value of data through a value chain that covers all aspects of operation, regulation, and innovation."Sourav Bhanja, IDC's associate vice president for consulting in the Middle East, Turkey, and Africa, says, "Saudi Arabia's national digital transformation goals would benefit greatly from a collaborative effort around AI across government entities, research organizations, local and global enterprises, and emerging start-ups. The key drivers for AI innovation and adoption in the Kingdom will be the need to improve operations through intelligent automation, enhance customer and citizen experiences, manage skills shortages, augment workforce capabilities, and create new digital business models."
https://adgully.me/post/1102/reboot01-a-new-world-class-coding-institute-comes-to-bahrain

Reboot01, a new world-class coding institute comes to Bahrain

Reboot01 in partnership with 01Talent, an internationally renowned IT education program provider, launches a revolutionary coding institute, in the capital of Bahrain.Supported by Tamkeen, Reboot01 mission is to bring a life-changing training that will open the door to great Tech jobs. No degree or background requirement is needed. After passing the equal opportunity selection process, all candidates will be trained over 2 years in a brand new 1600sqm campus: 18 months of initial training followed by 6 months of chosen specialization fields among Blockchain & Cryptocurrencies, DevOps, Data Science & Artificial Intelligence, Mobile and Web Development, Cybersecurity, Game Development & Augmented Reality (AR) and UI/UX.Based on the proven peer-to-peer platform & pedagogy called 01Edu, learners will work in teams and 100% on projects throughout the curriculum. Beyond the coding skills, it will be a practical and problem-solving experience that is essential to all industries such as banking, IT, service and hospitality, healthcare and government.Currently there are 18 coding schools powered by 01Edu system deployed across Europe and Africa transforming thousands of lives. By joining the 01 Network, Reboot01 aims to fill up this critical digital skills gap in Bahrain and the GCC. Significantly, those schools have had graduates who did not have any university degree and are now earning high salaries as full stack developers!“There is a really easy way for people to understand the impact of this opportunity; simply call a bank and ask them if they are hiring full-stack developers and see how eager they are to interview you.” Says Yanal Jallad, Managing Director, Reboot01 Coding Institute“In a context of talent shortage, we need more digital talent than traditional academic systems can produce and who are more adapted to the new requirements of the companies and our environment. Bahrain is no exception" Says Deror Sultan, Cofounder & CEO, 01Talent International The initial free entrance test is an online game that is designed to be accessible to all. Play the game and see if you have the natural ability to join this high paying world of tech. Supported by Tamkeen and no degree needed, are you ready to change your life?Take the online test www.learn.reboot01.com
https://adgully.me/post/1103/apparel-group-brand-aéropostale-opens-its-39th-store-in-the-gcc

Apparel Group brand Aéropostale opens its 39th store in the GCC

The leading global and fashion conglomerate, Apparel Group, has recently announced opening of the latest Aéropostale shop at Seef Mall – Seef District, becoming the brand’s 39th store in the GCC.The new Aéropostale store is located on the ground floor between Gate No. 8 and Gate No. 9, offering a wide range of trendy, comfy, and high-quality fashion for men, women, and kids Aéropostale is the leading shopping destination for fashionable young adults, which is also famous for its attractive prices, offers, and products made of eco-friendly fabrics.For over 13 years, Apparel Group has succeeded in doubling the value of the Aéropostale brand thanks to its deep awareness of the needs of consumers in clothing and accessories, exceeding their expectations through innovation in the world of casual fashion. The Group operates Aéropostale stores in the GCC, while Aéropostale stores are also located in several locations worldwide.On this occasion, Mr. Mohammed Al Qaed, Acting Chief Commercial Officer at Seef Properties, commented: “We are pleased to announce the opening of the latest Aéropostale store in Seef Mall – Seef District, which will represent a valuable addition to the group of stores hosted by the mall, which is keen to create a diverse shopping environment that meets the needs of all family members. Seef Mall – Seef District continues to attract more prestigious international brands, thanks to its strategic location in the vibrant business area of Seef District and the modern facilities it provides, making it a preferential destination for tenants of major brand names from around the world.”Neeraj Teckchandani, CEO of Apparel Group, stated: “Over the last few years, Bahrain customers have become increasingly discerning and attentive to global shopping trends while staying true to their culture and roots. Continuing Apparel Group’s commitment to providing an elevated shopping experience to our loyal customers, we are proud to be partnering up with Seef Mall and further expanding our strong retail footprint in the Bahrain market. Our brand’s expansion with Seef Mall is in line with our strategy of being responsive to consumer demand. Bahrain continues to be a strategic market for us and we are proud to be part of the country's growth.”
https://adgully.me/post/1104/colm-mcloughlin-named-global-brands-most-inspiring-leader-retail-in-the-uae

Colm McLoughlin named Global Brand’s Most Inspiring Leader - Retail in the UAE

Dubai Duty Free’s Executive Vice Chairman & CEO, Colm McLoughlin was named the “Most Inspiring Leader – Retail (UAE)” at the recent Global Brand Awards held at the Waldorf Astoria, The Palm on 10th December.Organised by Global Brand Magazine, the Global Brand Awards celebrate and recognise excellence in performance from brands and leaders across a broad range of sectors.Mr. McLoughlin was acknowledged for his outstanding contribution to the duty-free industry spanning over 53 years and in particular in his role as head of Dubai Duty Free since 1983..Commenting on the award, Mr. McLoughlin said; “'I am delighted that I have been selected to receive this award which I attribute to our team of staff and the effort they make in making our business successful for 39 years. I would also like to thank my Chairman, HH Sheikh Ahmed bin Saeed Al Maktoum who continues to inspire me and who does an absolutely incredible job.”Sinead El Sibai, Senior Vice President for Marketing of Dubai Duty Free accepted the award on behalf of M.r. McLoughlin.Global Brands Magazine is one of the largest brand publications providing opinions and news related to various brands across the world. The company is headquartered in the United Kingdom. The magazine provides readers with up- to- date news, reviews, opinions and polls on leading brands across the globe