Author: Admin

The leading real estate developer in Sharjah, Alef Group, has launched its new project, Hayyan under the theme Making Homes Human. With an estimated value of AED3.5 billion, the project covers 8.7 million square feet, embodying the spirit of Sharjah, with a total of 1,836 villa units spread out over three distinct zones. The project should be completed by the second half of 2025. The first area of the project is divided into three different phases. The project’s first phase will see the delivery of 268 villas in the vibrant Aryam neighborhood designed to the highest standards, which includes a…

In a UN Security Council resolution on Yemen, Egypt condemned the cross-border attacks of the Iran-backed Houthis against civilians and civil infrastructure in Saudi Arabia and the United Arab Emirates (UAE) and called for an immediate ceasefire. The Egyptian Foreign Ministry Spokesperson, Ahmed Hafez, expressed Egypt’s appreciation for the extension of the measures and sanctions imposed by the Security Council resolutions on the Yemeni crisis in an official statement. Egyptian authorities have also welcomed the expansion of the arms embargo on Yemen, as well as condemning attacks on civilian and commercial vessels off Yemen’s coast. Moreover, Hafez said the country…

His Highness Sheikh Mansour bin Zayed Al Nahyan, the UAE’s Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Central Bank of the UAE (CBUAE), presided today over a meeting of the board in Qasr Al Watan. Sheikh Mansour welcomed the participants and thanked the UAE Central Bank for its efforts to support financial stability in the banking sector. During the meeting, Sheikh Mansour was informed about the progress of the implementation of plans, which align with the future economic strategies of the country aimed at achieving digital inclusion and green finance. By the end of 2026, the…

The Saudi telecom giant stc has posted a 3 percent increase in net profit for 2021, up to SR11.3 billion ($3 billion). A 7.6 percent increase in revenues led to a SR316 million increase in net profit, the Riyadh-based telecom operator said in a statement. Revenues during the year totaled SR63.4 billion, up from SR58.9 billion in 2020. Olayan Alwetaid, stc’s chief executive officer, said that this growth was driven by the strong performance of the enterprise business unit, which grew revenues by 20.9 percent. The wholesale business and residential segments both saw a boost in sales of 2.9 and…

Arcimoto Inc., makers of rightsized, outrageously fun, ultra-efficient electric vehicles for moving people and stuff, unveiled the Faction D1, a next-generation driverless delivery vehicle based on the Arcimoto Platform at the new Arcimoto RAMP manufacturing facility in Eugene, Oregon. Equipped with Faction’s DriveLink and TeleAssist technologies, the completely driverless D1 combines autonomy with remote human teleoperation. The driverless vehicle system retains the Deliverator’s capabilities of a 75 mph top speed and just over 100 miles of range while transporting up to 500 pounds of cargo. “Scalable driverless vehicle systems require engineering from the chassis up, and by leveraging the revolutionary…

The new special edition of the compact Sports Activity Coupé dials up the dynamic aura, adds visually striking exterior touches and creates an interior ambience distilled to maximize driving pleasure. The BMW X2 xDrive25e plug-in hybrid, super-sporting BMW X2 M35i and all other engine variants will be available in this special-edition form from March 2022. The highly distinctive design of the BMW X2 projects a sense of athleticism that accurately reflects the car’s sporty driving properties. It also ensures the X2 cuts a visually alluring figure and stands out from the crowd in the premium compact segment. The Sports Activity…

Porsche is launching a new Platinum Edition of selected Cayenne models. This special-edition of the SUV is characterized by exclusive coordinated design elements in a satin Platinum paint finish as well as by extra standard equipment. The result is a particularly stylish appearance coupled with an attractive price. Platinum Editions of the Cayenne, Cayenne E-Hybrid and Cayenne S are available, as well as the corresponding Coupé variants. The refined and exclusive appearance of the Cayenne Platinum Edition is characterized by numerous model-specific details in satin-finish Platinum. The inlays in the slats of the air intakes at the front, the Porsche…

The Kingdom of Bahrain announced the launch of the ‘Golden Residency Visa’ for residents and non-residents, with applications being processed electronically immediately upon meeting the criteria. According to the Kingdom, this move will serve as a catalyst to attract foreign investment. As part of the Economic Recovery Plan, Bahrain has announced a series of economic reforms and initiatives to enhance its long-term competitiveness. During a Press Conference held at the Officers’ Club in Al-Qudhaibiya, Shaikh Hisham bin Abdulrahman bin Mohammed Al Khalifa, Undersecretary for Nationality, Passports and Residency Affairs at the Interior Ministry, and Shaikh Ahmed bin Abdulla Al Khalifa,…

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, toured the Bahrain International Circuit (BIC) following the first practice session of the Formula 1 Gulf Air Bahrain Grand Prix 2022 race. The Prince explained how the Kingdom has become a global destination for motorsport events. This is thanks to its skilled labor force and notable role in organizing and hosting successful races over the years. Prince Salman was given an up-to-date briefing on preparations ahead of the final race during the tour, which included meetings with senior Formula 1 figures, such as team managers,…

The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) have announced the removal of travel curbs to 12 African countries for citizens who are fully vaccinated and who have received a booster dose of the approved COVID-19 vaccines, from Sunday, 6th February at 18:00. These countries are Kenya, Tanzania, Ethiopia, Nigeria, Republic of Congo, South Africa, Botswana, Eswatini, Lesotho, Mozambique, Namibia and Zimbabwe. The authorities specified the categories of citizens who are allowed to travel to these countries: First: Citizens who received the full doses of the approved COVID-19 vaccines in addition…